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Mo Shaikh and his team raised a total of $400 billion to launch Aptos Labs in 2022. Now he’s helping other founders do the same. Maximum Frequency Ventures Raises $50M to Fund Crypto Builders Aptos co-founder Mo Shaikh loves using the a-word, “adoption.” He believes today’s crypto venture funds are missing the key ingredients of … Read more
The U.S. Department of Justice (DOJ) has filed one of the largest cryptocurrency forfeiture actions in history, a bid to seize 127,271 Bitcoin (BTC) worth roughly $12 billion, linked to a vast international “pig butchering” operation. Filed in the U.S. District Court for the Eastern District of New York (EDNY), the civil action targets assets … Read more
The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin ( BTC) valued at roughly $12 billion linked to Chinese national Chen Zhi and his Cambodia-based Prince Group. U.S. Seeks $12B Bitcoin Forfeiture Linked to … Read more
Over the past hour, bitcoin ( BTC) traded between $114,861 to $115,275 per coin around 2:50 p.m. EST as derivatives desks show lighter futures risk and still-elevated options exposure. BTC Futures Cool off While Bitcoin Options Traders Stay Loaded With Calls Moreover, bitcoin traded between $113,696 and $115,792 intraday between Sunday and Monday after last … Read more
Hyperliquid founder Jeff has taken aim at centralized exchanges (CEXs), accusing them of severely underreporting liquidation data and misleading users about the scale of risk during volatile market conditions. In a post on X, Jeff claimed that even when “thousands of liquidations occur within a single second,” some CEXs only display one liquidation event publicly, … Read more
China Renaissance Holdings Ltd. is reportedly in talks to raise about $600 million for a public investment vehicle focused on a cryptocurrency tied to Binance Holdings Ltd., Bloomberg reporters Haze Fan, Muyao Shen, and Suvashree Ghosh reported, once again, citing “people familiar with the matter.” Bloomberg Claims China Renaissance Is Moving Into a Binance-Linked Token … Read more
BitMine Immersion Technologies (BMNR) has quietly become one of the largest single holders of Ethereum. The company revealed total crypto and cash holdings worth $1.29 billion, including 3.03 million ETH, representing about 2.5% of Ethereum’s total supply, alongside 192 BTC, $104 million in cash, and other assets. BitMine increased its Ethereum position by 202,037 ETH … Read more
A conversation with one of the alleged insiders who profited from the bet hinted that the data leak may have originated from the Nobel Prize website. The site could have been scraped to recover information indicating Machado’s victory before it was announced. Polymarket Nobel Peace Prize Insider Hints at Website Scraping Data Leak The surprising … Read more
After months of frenzied token creation, the trenches on Solana are finally cooling off. Since mid-August, activity across Solana launchpads has slowed sharply, and the numbers show it. Launchpad Volume Takes a Hit According to data from Pine Analytics, daily token deployments on Solana launchpads have fallen from their peak of roughly 25K–40K per day … Read more
On his birthday, Pavel Durov — founder of Telegram — published a message on X slamming governments. He cautioned that the free exchange of information is being “turned into the ultimate tool of control,” and warned that “our generation risks going down in history as the last one that had freedoms.” Australia, France, and the … Read more