Gate News Report: On March 11, the U.S. Department of Justice has decided to reopen the case against Tornado Cash co-founder Roman Storm this fall. Previously, the prosecution failed to persuade the jury to reach a conviction in the initial trial. The U.S. Attorney's Office for the Southern District of New York will continue to pursue charges 1 and 3 in the indictment, focusing on third-party developer liability and blockchain-related evidence.

Bitwise Chief Investment Officer Matt Hougan pointed out in a memo that Bitcoin's price could reach $1 million in the future. He believes Bitcoin is competing with gold for the position of digital store of value, especially against the backdrop of the expanding global store of value market. If Bitcoin captures 17% of the market share, its price is expected to rise significantly.

OpenAI's Codex has recently experienced multiple instances of unresponsiveness. The engineering lead confirmed that the issue has been fixed and will reset the rate limits for all users. The Codex team typically provides compensation after outages. Currently, weekly active users reach 2 million, with a growth rate of 25%.

Bitcoin's current trading price is close to $67,300. Analyst PlanB predicts that the average price from 2024 to 2028 could reach $500,000, with a fluctuation range of $250,000 to $1,000,000. However, other analysts like Bobby A believe the price will be below this forecast. They point out that the model is difficult to accurately predict in the short term, and market factors are complex. Investors should focus on supply and demand changes and overall dynamics.

According to Amanda Tuminelli, Chief Legal Officer of the DeFi Education Fund, the U.S. Department of Justice will re-examine Tornado Cash co-founder Roman Storm in the fall. In the first trial, the jury did not reach a consensus on money laundering and sanctions charges, only ruling that he operated an unlicensed remittance business. Despite errors by the prosecution in the first trial, they still decided to re-try some of the charges.

Sharplink released its 2025 financial report, showing an Ethereum holding of 868,699 tokens, making it the second-largest publicly listed holder worldwide. The company's total cash and USDC amount to $30.4 million, and it plans to continue increasing its ETH holdings and expand its staking business.

Gate News Report, March 9 — Stablecoin payment company KAST completed its latest funding round, raising $80 million, with a valuation of $600 million. Sources familiar with the matter revealed that KAST's annual revenue run rate is expected to reach $100 million this year. This funding round further confirms the trend of venture capital firms continuing to increase their investments in the digital dollar account sector, with related startups attracting significant capital inflows.

In the Polymarket prediction market, one account purchased crude oil futures for $12,000, betting it will reach $120 before the end of March, with a current probability of 64%. The Strait of Hormuz faces a risk of blockade due to the Iran situation, and international crude oil prices have risen to $107. Merchant ships are changing destinations or flying Chinese flags to avoid risks.

Australian company BTC Markets is applying for a market license to promote the development of tokenized real-world assets (RWA). CEO Lucas Dobbins stated that the goal is to establish on-chain markets for assets such as stocks and bonds. The current on-chain tokenized asset market size is approximately $26 billion, and it is expected to reach $2 trillion by 2030. Australia has the potential to generate economic benefits, but rapid development may yield only $1 billion in revenue.