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According to Jinshi Data reports, there are market rumors that Iran has launched ballistic missiles at all Gulf countries except Oman.

According to The Block, the Solana Policy Research Institute stated that the criminal case against Tornado Cash developer Roman Storm is "not an isolated dispute" and called on U.S. lawmakers to establish a clearer legal protection framework for software developers.The institute pointed out that the relevant case has become a critical juncture in testing whether the U.S. still supports open innovation. Although the case has not been dismissed, there remains hope before sentencing is determined, and it described the case as the "largest regulatory and even criminal uncertainty" currently facing the U.S. crypto ecosystem.

According to the Russian Ministry of Internal Affairs, a 46-year-old woman in Kursk lost 28 million rubles in a year-long cryptocurrency investment scam. The woman met a man who claimed to live in an Arab country through instant messaging software. He lured her with promises of high investment returns, prompting her to download a specific application and engage in "cryptocurrency investment."Under the guidance of the scammer, the victim not only invested all her savings but also sold three apartments, a car, and a gold bar, and even took out a loan from the bank and borrowed money from acquaintances. When the victim's funds were exhausted, the scammer deleted all chat records and went offline.Russian police stated that they are currently tracking down the scammer and his accomplices. Previously, a similar case was reported in Kirov Oblast, where a woman lost over 2 million rubles due to believing in the investment promises of a cryptocurrency exchange.

Netflix recently announced the official start of filming the cryptocurrency-themed romantic comedy film "One Attempt Remaining," marking the first time the crypto industry enters the mainstream Hollywood spotlight in a light-hearted comedic form. The film is directed by Kay Cannon and stars Golden Globe winner Jennifer Garner, with a plot revolving around a pair of ex-couples racing against time to recover their cryptocurrency wallet password.Industry insiders point out that in the past, cryptocurrencies were often associated with crime, money laundering, or speculative bubbles in film and television works, leading to a negative image, and they mostly appeared in independent films or niche genres. As cryptocurrency technology gradually moves into the mainstream and public awareness increases, this singular narrative is slowly changing.Several filmmakers and Web3 practitioners believe that the lack of deep integration of cryptocurrency into daily life is a significant reason for its long absence from mainstream screens. However, as the concepts of tokenization of real-world assets, cryptocurrency payments, and wallets become more understood by the public, film and television works are beginning to attempt to make the blockchain mechanism itself the core of their narratives.Industry expectations suggest that if cryptocurrency plays a more important role in the global economy in the future, its themes will appear more frequently in commercial films, adventure films, and heist movies, and the on-screen image of cryptocurrency is expected to move from the "gray area" to a more three-dimensional and diverse representation.

According to Macao Radio, a local woman in Macao was induced by netizens to invest in virtual currency. Starting from mid-September, she transferred money to a designated account in 8 installments. The platform had previously shown "paper profits of 7.9 million yuan," but when she attempted to withdraw, she was asked to pay a "currency exchange difference" of 250,000 yuan first. After that, she lost contact with the platform and ultimately confirmed that she had been scammed out of 1.18 million yuan.

The founder of the Ethereum Layer 2 network Eclipse, Neel Somani, stepped down in October 2025 and shifted his focus to research areas such as machine learning.Eclipse Labs disclosed that Somani founded Eclipse Labs in 2022, initially positioned as a rollup service provider, and transitioned to developing the Ethereum Layer 2 network in 2023. After completing a $50 million Series A funding round in 2024, he transitioned from CEO to Executive Chairman. The related adjustments were founder-led and pre-planned, with no changes to his equity or board power.Somani's departure marks the official end of his leadership role at Eclipse, as the company enters a new phase of development led by a new leadership team.

According to The Block, Neel Somani, the founder of the Ethereum L2 protocol Eclipse, has stepped down as Executive Chairman as of October 2025. Somani stated that this move is to fully dedicate himself to machine learning and other intellectual research directions.Somani founded the company in 2022, raising $15 million in seed funding, aiming to build scaling solutions using the Solana Virtual Machine (SVM). He later shifted focus to building a high-performance Ethereum L2 in 2023 and transitioned from CEO to Executive Chairman after completing a $50 million Series A funding round in 2024. The related adjustments were founder-led and pre-planned, with no changes to his equity or board power.

The prediction market Kalshi shows that the probability of the Democratic Party winning a majority in the U.S. House of Representatives is about 75%. Against this backdrop, senior Democratic member of the U.S. House Financial Services Committee, Maxine Waters, has made sharper criticisms of the cryptocurrency regulatory policies of SEC Chairman Paul Atkins.In a letter to the committee's Republican Chairman French Hill, Waters stated that the SEC has terminated or suspended several important enforcement cases against the cryptocurrency industry, involving entities such as Coinbase, Binance, and Justin Sun. She pointed out that the committee has not conducted a thorough review of the reasons for the SEC's abandonment of these cases, nor how to prevent fraud and manipulation in the market aimed at a large number of retail investors in the future.Waters also mentioned that some of the companies involved announced the termination of cases publicly before the SEC's formal vote, questioning the "unusually active" role played by Atkins' team in the settlement process. She believes that the SEC's recent policy shifts, primarily advanced through staff statements rather than formal rules, may circumvent the requirements of the Administrative Procedure Act, undermining the role of public opinion gathering and congressional oversight. Therefore, she has called for Atkins to attend a hearing to provide explanations.Reports indicate that since the Donald Trump administration took office and completed its leadership transition, the SEC has dropped several lawsuits against the cryptocurrency industry. Atkins has also publicly stated multiple times that supporting the development of the U.S. cryptocurrency industry will be a regulatory priority, a stance that has become a focal point of ongoing concern and questioning from the Democratic side.

Zhao Changpeng CZ cited the news of 20-year-old lottery winner Brenda from Quebec, USA, who rejected a one-time payment of $1 million and chose a lifetime annuity of $1,000 per week, suggesting that she cash out and invest in Bitcoin or BNB for higher returns.Assuming Brenda lives for 100 years, the total annuity would amount to approximately $5,200,000 (not accounting for inflation), while the returns from investing the $1 million in BTC (currently $90,000 per coin) or BNB ($865 per coin) would far exceed this. "Let's wait and see."

According to Decrypt, a woman in San Jose, California, realized she had fallen victim to a cryptocurrency "pig butchering" scam after losing nearly $1 million, by asking ChatGPT.The victim, Margaret Loke, met a man claiming to be "Ed" on Facebook in May this year, who presented himself as a wealthy businessman and gradually built an emotional connection. "Ed" then guided her to invest in cryptocurrency, leading Loke to withdraw over $490,000 from her retirement account and transfer an additional $300,000 through a home equity loan.When the so-called cryptocurrency account suddenly "froze," and "Ed" demanded an extra $1 million to unfreeze the funds, Loke described the situation to ChatGPT. ChatGPT responded that the setup matched known scam patterns and advised her to report it to the police. Investigations revealed that the funds were transferred to a Malaysian bank account and withdrawn by the scammers.

According to CryptoSlate, Russian cryptocurrency fraudster Roman Novak and his wife Anna were found kidnapped and murdered in the United Arab Emirates, with the case related to the extortion of digital assets.Roman Novak was previously sentenced for large-scale fraud in St. Petersburg before moving to Dubai, where he developed the Fintopio crypto application and allegedly raised hundreds of millions from new investors.Reports indicate that the couple went missing during an investor meeting and were later confirmed to have been lured to a rented villa for kidnapping, where the abductors attempted to force Novak to hand over access to his substantial crypto funds. After failing to achieve this, the Novak couple was murdered. Currently, seven suspects have been arrested in the UAE and Russia.

ChainCatcher news, Tornado Cash co-founder Roman Storm has requested a federal judge to dismiss the charges against him since his high-profile criminal trial.Storm's plea for acquittal comes exactly eight weeks after a jury found him guilty of conspiracy to operate an unregistered money transmission business. The charge carries a maximum sentence of five years in prison. However, the jury was unable to reach a consensus on the most serious charges—conspiracy to commit money laundering and evade sanctions. The cumulative maximum sentence for these two charges could reach 40 years, and the prosecution has yet to decide whether to retry Storm. Storm's attorney has requested the judge to acquit him on all three charges, arguing that the evidence presented during his three-week trial failed to prove Storm had criminal intent and that the case should not have been tried in New York.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the jury in the case of Tornado Cash co-founder Roman Storm has deadlocked on some charges today.Judge Failla immediately issued an Allen charge, instructing the jury to resume deliberations. If the deadlock continues, the court will accept partial verdicts, and the government may refile the remaining charges. The results of the jury's renewed deliberation are currently awaited.

ChainCatcher news, reported by journalist Eleanor Terrett, the U.S. Department of Justice is about to announce a verdict in the case against Roman Storm. Although Deputy Attorney General Todd Blanche issued a memorandum in April this year, promising to end the Biden administration's "prosecution guidance" practice and instead focus law enforcement efforts on criminals abusing agreements rather than developers, the Trump administration is still pushing the case forward.

According to ChainCatcher news reported by Cointelegraph, Arizona woman Christina Marie Chapman was sentenced to 102 months in prison for helping North Korean hackers forge identities and infiltrate over 300 U.S. companies (including cryptocurrency firms), with an amount involved exceeding $17 million. She was also ordered to forfeit $284,000 and pay $177,000 in restitution. This case is one of the largest North Korean IT infiltration cases prosecuted by the U.S. Department of Justice.

ChainCatcher news, a local woman with over 10 years of experience in cryptocurrency investment lost more than 4 million HKD in virtual currency after failing to apply for a discount on a virtual asset platform. She sought "customer service" assistance on Telegram and unfortunately fell into scam traps twice. The police remind everyone to contact customer service through official channels and not to click on unknown links or disclose personal account passwords and verification codes.

ChainCatcher news, according to Cointelegraph, the U.S. Attorney for the Southern District of New York is expected to conclude the case presentation against Tornado Cash co-founder Roman Storm by July 25. Storm is charged with money laundering, operating a money transmission business without a license, and violating U.S. sanctions. If all charges are upheld, he could face several years in prison.The prosecution has summoned several witnesses to testify, including FBI agents and forensic accountants. Storm's defense team plans to argue the importance of cryptocurrency privacy protection and may cite kidnapping cases involving crypto users as evidence to support their position.Roman Storm co-founded Tornado Cash in 2019 with Alexey Pertsev and Roman Semenov. The case is expected to be heard for 3 to 4 weeks.

ChainCatcher news, according to CoinDesk, the money laundering criminal case against Tornado Cash developer Roman Storm will be heard today in Manhattan, where the prosecution and defense will begin jury selection, with the trial expected to last four weeks.Storm was arrested in Washington State in 2023 and faces three charges: conspiracy to commit money laundering, conspiracy to violate U.S. sanctions, and conspiracy to operate an unlicensed money transmission business. If convicted on all counts, he could face up to 45 years in prison.The prosecution alleges that Tornado Cash was used to launder over $1 billion in criminal proceeds, including funds from the North Korean hacking group Lazarus Group. The defense argues that Storm is merely a developer of open-source decentralized software and should not be held responsible for others' misuse of the tool.