Crypto Community

Analyst flags $49.56M ONDO transfer from team wallet as possible sell-off About 150 million $ONDO, worth roughly $49.56 million, moved from an Ondo Finance team multisig wallet to an unnamed address. Traders noticed fast. I would, too. The transfer happened about eight h ...

Safaricom and Chainalysis Team Up: AI Targets Wildlife Trafficking, Crypto Gets a Real Test Safaricom is working with Chainalysis and a group of tech and crypto companies to track money linked to illegal wildlife trade. The plan, announced at an event convened by Prince William, uses AI ...

QCP Capital: Sideways Crypto Market Needs Macro and Narrative Catalysts QCP Capital thinks crypto may keep chopping sideways. Bitcoin, altcoins, the whole board. After Bitcoin's quick move above $65,000, that is not what bulls wanted to hear. I'll be honest: it is still hard to argue wi ...

Pig butchering kingpin Hu Shi arrested: a win for crypto security Hu Shi, the alleged Prince Group figure linked to "pig butchering" scams, was arrested in Japan on June 14. Good. One arrest will not clean up crypto. It works differently than that. But this one matters because police app ...

TurboFlow's $6M Pantera Raise Points to Asia's Prediction Market Push TurboFlow raised $6 million in seed funding, led by Pantera Capital, to build an on-chain prediction market hub in Asia. Hong Kong-based TurboFlow said Monday, June 22, that it had secured $6 million i ...

Synthetix Governance Votes to Retire sUSD, Pay Holders in Vested SNX Synthetix governance has voted to retire sUSD, its broken stablecoin, and pay holders with locked SNX tokens. This is not just cleanup. My take: anyone who treated sUSD like cash just got the colder version of a lesson ...

Treasury Sanctions ISIS Crypto Network, Raising Regulatory Pressure on TRON The U.S. Treasury's Office of Foreign Assets Control (OFAC) designated three people and six entities on June 22 for allegedly moving crypto to ISIS. The network used money service businesses and cryptocurrency to ...

CFTC Opens Comment on 24/7 Energy Futures and Perpetual Oil Contracts: Crypto Perps Go Mainstream The CFTC wants public comment on 24/7 energy futures and perpetual oil contracts. If you trade crypto perps, do not skip this. The agency is not just asking whether energy futures should st ...

Ethereum Recruits Top Researchers as Joe Lubin Backs Ethlabs, Pointing to Institutional Push Ethereum core development just got a new research shop. Ethlabs, an independent nonprofit backed by major crypto firms, has launched with five former Ethereum Foundation researchers. Pay attentio ...

Crypto PACs Put $8M into Primaries as Regulation Fight Gets Louder Crypto-backed Political Action Committees (PACs) have spent more than $8 million on Tuesday's primaries in New York, Maryland, and Utah. For a handful of House races, that is not background noise. My take: this is the in ...