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A wallet linked to Bitmex co-founder Arthur Hayes has repurchased 85,714 HYPE at $62.69 each, days after the same wallet sold a larger batch of 115,453 tokens at $54.81, confirming a sell-low, buy-high sequence that analysts flagged on Monday. The Buyback That Resolved the Mystery When onchain tracking firm Lookonchain flagged that a wallet linked … Read more
Ethereum co-founder Vitalik Buterin has flagged a structural vulnerability in the network’s transaction infrastructure, warning that smart contract wallets and privacy protocols remain dependent on third-party intermediaries just to get their transactions included onchain. The Problem With Relays Smart contract wallets (i.e. crypto accounts controlled by programmable code instead of a standard private key) are … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, OFAC sanctions Sinaloa Cartel’s crypto laundering group, the Venezuelan government shuts down a 4,000 ASIC mining farm, and Brazil’s Bradesco enters the crypto custody business. US Sanctions Sinaloa Cartel Network for Laundering Drug … Read more
The announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments would be focused on cooperating to curb this kind of crypto-linked illicit activity. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the … Read more
Adeniyi Abiodun, co-founder of Mysten Labs, stated that this new feature will allow users to leverage Sui’s network without announcing their holdings to the whole internet. He bets on this functionality to entice institutions to build on Sui, allowing them to offer controlled visibility on their operations. Sui To Include Private Stablecoin Transactions In Mainnet … Read more
Vitalik Buterin laid out a direct case on Sunday for why the Ethereum Foundation must become a leaner, more opinionated organization focused on the properties that set Ethereum apart. Buterin Warns Ethereum Risks Mediocrity if It Chases Speed Over Decentralization Writing on X, Ethereum co-founder Vitalik Buterin explained that the Ethereum Foundation (EF) is choosing … Read more
Malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens and dump them on decentralized exchange ( DEX) platforms. EURR Drops 24%, and USDR Falls 37% as StablR’s Two Stablecoins Depeg After Key Exploit Reports say the breach … Read more
Over a year after the token’s demise, the Libra Trust has arranged a strategy to fund nearly 71 companies that have applied for this support. The Trust has close to $110 million to invest in this task, transferred by Hayden Davis, CEO of Kelsier Ventures and one of the faces behind Libra. Libra Trust Set … Read more
As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project. Ethereum at a Crossroads: Leadership Crisis Ethereum, the second-largest … Read more
A wallet linked to prominent crypto fund manager Arthur Hayes deposited 115,453 HYPE tokens worth $6.33 million into Bybit, just weeks after he publicly called for the token to reach $150. The $150 Call vs. the Bybit Deposit A wallet attributed to Arthur Hayes, co-founder of the BitMEX derivatives exchange and managing partner of crypto … Read more