The Daily: Tornado Cash co-founder’s motion to dismiss denied, Lummis says Republican Senate would benefit digital assets, Bitcoin ETFs see largest inflows since July and more
2024-09-28

It's Friday! In today's Daily, Tornado Cash co-founder Roman Storm's motion to dismiss is denied, Senator Lummis says Republican control of the Senate would benefit digital assets, U.S. spot Bitcoin ETFs see their largest inflows since July and more.
Meanwhile, MMORPG MapleStory's web3 version wants to leverage nostalgia to draw players, Danny Park writes.
Let's get started.
Tornado Cash co-founder Roman Storm to face trial as US judge rejects motion to dismiss
A U.S. federal judge has ruled that Tornado Cash co-founder Roman Storm will face trial on the DOJ's alleged money laundering charges after denying his motion to dismiss the case.
Lummis says Republican Senate would benefit digital assets
In an interview with CNBC on Friday morning, Sen. Cynthia Lummis said a flip to a Republican-controlled Senate following this year's elections would bode well for digital assets.
US spot Bitcoin ETFs attract largest inflows since July
U.S. spot Bitcoin ETFs registered $365.7 million worth of net inflows on Thursday — the largest since late July.
Bitcoin price breaks out above $66,000 amid positive inflation data
Bitcoin broke above $66,000 on Friday morning, buoyed by lower-than-expected inflation data, marking its highest price since late July.
Base's total value locked crosses $2 billion
The total value locked on Base, a Layer 2 Ethereum network incubated by Coinbase, has surpassed $2 billion for the first time, positioning it as the second-largest optimistic rollup by deposits after Arbitrum.
Looking ahead to next week
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