The post Ethereum and Keyring Network Launch New Funding Model for Privacy appeared on BitcoinEthereumNews.com. Jessie A Ellis Oct 10, 2025 13:52 Ethereum and Keyring Network unveil a new funding mechanism to support legal defense for privacy-focused developers, integrating DeFi lending with legal protection. The Ethereum Funding Coordination team has announced an innovative initiative in collaboration with Keyring Network, designed to transform impact funding within the Ethereum ecosystem. This new approach leverages Keyring’s zkVerified permissioned vaults on the Ethereum mainnet to provide compliant and privacy-preserving access to decentralized finance (DeFi) lending markets, according to Ethereum’s official blog. Supporting Legal Defense with DeFi The initiative is particularly noteworthy for its commitment to supporting the legal defense of privacy-focused developers. For the initial two-month period, all protocol fees generated from Keyring’s zkVerified vaults will be directed towards the legal defense funds of Roman Storm and Alexey Pertsev, developers of Tornado Cash who are currently undergoing trial for their involvement in publishing open-source code. This funding model allows early adopters of the vault to directly contribute to the legal protection of these developers, thereby linking the expansion of financial technology with the safeguarding of its creators. The model is designed to maintain the economic efficiency of the underlying protocol while unlocking substantial resources for specific causes. By aligning market incentives with community-driven goals, Keyring’s approach demonstrates how decentralized ecosystems can bolster innovation while enhancing community resilience. A Blueprint for Future Impact Funding Unlike traditional philanthropic models, this initiative showcases the unique capabilities of programmable decentralized protocols like Ethereum to foster impactful contributions. Community members are encouraged to create vault campaigns that funnel rewards directly into the same legal defense funds, creating a sustainable, transparent, and on-chain support mechanism. The Funding Coordination team emphasizes that this is not merely a one-off initiative but a scalable blueprint for impact funding that can… The post Ethereum and Keyring Network Launch New Funding Model for Privacy appeared on BitcoinEthereumNews.com. Jessie A Ellis Oct 10, 2025 13:52 Ethereum and Keyring Network unveil a new funding mechanism to support legal defense for privacy-focused developers, integrating DeFi lending with legal protection. The Ethereum Funding Coordination team has announced an innovative initiative in collaboration with Keyring Network, designed to transform impact funding within the Ethereum ecosystem. This new approach leverages Keyring’s zkVerified permissioned vaults on the Ethereum mainnet to provide compliant and privacy-preserving access to decentralized finance (DeFi) lending markets, according to Ethereum’s official blog. Supporting Legal Defense with DeFi The initiative is particularly noteworthy for its commitment to supporting the legal defense of privacy-focused developers. For the initial two-month period, all protocol fees generated from Keyring’s zkVerified vaults will be directed towards the legal defense funds of Roman Storm and Alexey Pertsev, developers of Tornado Cash who are currently undergoing trial for their involvement in publishing open-source code. This funding model allows early adopters of the vault to directly contribute to the legal protection of these developers, thereby linking the expansion of financial technology with the safeguarding of its creators. The model is designed to maintain the economic efficiency of the underlying protocol while unlocking substantial resources for specific causes. By aligning market incentives with community-driven goals, Keyring’s approach demonstrates how decentralized ecosystems can bolster innovation while enhancing community resilience. A Blueprint for Future Impact Funding Unlike traditional philanthropic models, this initiative showcases the unique capabilities of programmable decentralized protocols like Ethereum to foster impactful contributions. Community members are encouraged to create vault campaigns that funnel rewards directly into the same legal defense funds, creating a sustainable, transparent, and on-chain support mechanism. The Funding Coordination team emphasizes that this is not merely a one-off initiative but a scalable blueprint for impact funding that can…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more