Julia Parr

The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address.

Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins. Source link

Head of Product Nikita Bier added, and swiftly removed, a controversial crypto influencer from the platform’s new starter pack feature. Source link

Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds. Source link

Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.

Arrests, money laundering service shutdowns, releases, and escapes are all part of an ongoing crackdown on Cambodian scam operations. Source link

Donald Trump has sued the JPMorgan CEO over an alleged debanking incident, which reinforces a narrative about Operation Chokepoint 2.0. Source link

BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be. Source link

Farcaster founder Dan Romero said the firm “isn’t shutting down” and that Merkle Manufactory will return $180M to investors. Source link

French crypto tax firm Waltio is being extorted by hacking group ShinyHunters, which is threatening to leak the data of almost 50K users.