Category: crypto

The U.S. Treasury has sanctioned individuals and entities involved in a North Korean IT worker fraud network that generated funds through stolen identities and remote jobs. Cryptocurrency was used to launder proceeds linked to weapons programs. The sanctions aim to cut off revenue streams for North Korea’s military programs.

A whale linked to Matrixport holds $300 million in leveraged Ethereum and Bitcoin longs, with $26 million in unrealized profit, raising liquidation risk. The whale is using double-digit leverage, and a small price drop could trigger forced de-leveraging. This concentrated risk could impact the broader market and requires tighter risk controls for traders.

Trend Research withdrew 27,000 ETH from Binance and sent $150.47m in USDC back to the exchange, indicating a shift in strategy. This suggests they are positioning themselves in ETH rather than de-risking. The move is seen as a significant activity in the market and can impact liquidity and sentiment.

The Ethereum Foundation has released a new “EF Mandate” outlining its commitment to maintaining Ethereum as a censorship-resistant, open-source, and privacy-first base layer. The mandate focuses on values such as censorship resistance, open-source development, privacy, security, and user experience. It signals a zero tolerance for surveillance-chain compromises and emphasizes long-term work to protect the network’s…

Michael Saylor believes that there is a delay between when MicroStrategy buys Bitcoin and when the market reacts, indicating that corporate and ETF accumulation of Bitcoin tightens supply before the market notices. Despite macro stress, Bitcoin remains above $70k, with institutional interest shifting towards Bitcoin’s financial utility.

A large whale has taken a 20x leveraged short position on oil near $96 using 5.6M USDC on Hyperliquid, expecting prices to mean-revert due to Iran-driven spike. The trade signals a macro call on inflation and rates, potentially easing pressure on high-beta assets like Bitcoin. This move offers insights into how large on-chain participants express…

ETHDenver 2026 had fewer side events, reduced prize pools, and a focus on AI × crypto. The conference saw a shift towards AI projects, with robotics and AI products dominating the floor. Despite the changes, the builder culture remained intact, but with smaller prize pools and a focus on AI-oriented tracks. The judging process was…

The Official Trump meme coin saw a significant increase after announcing a second exclusive Mar-a-Lago luncheon for the top 297 token holders. Eligibility is based on holdings between March 12 and April 10, with the top 29 holders qualifying for a private reception with Donald Trump. Despite the rally, the coin remains in a downtrend…

A man in Singapore has been sentenced to two years in jail for his involvement in a cryptocurrency theft that resulted in the loss of over $6.9 million. The scheme involved unauthorized access to a crypto wallet, with authorities recovering some of the stolen funds and seizing electronic devices during the investigation.

A trader attempted to swap $50 million USDT for AAVE on Aave but received only 324 AAVE due to an extreme price impact. Aave plans to refund $600K in fees and review safeguards. Warnings were shown before the trade, and the user had to confirm the risk manually. Aave is working with CoW Swap to…