Onchain sleuth found YZY sniper wallets tied to LIBRA, extracting $23 million in suspected insider gains across both token launches.
Amin Haqshanas
Amin (Ruholamin) Haqshanas is a seasoned crypto and finance journalist with over four years of experience. He has contributed to several high-profile outlets, including CryptoNews, The Tokenist, EthereumPrice.org, and Milk Road. He holds a bachelor's degree in Mechatronics Engineering from Herat University. Ruholamin has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Kanye West YZY sniper wallet linked to $21M LIBRA extraction scheme: Analysts - News
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Arthur Hayes shifts focus to longevity after Trump pardon, invests in stem cell venture Arthur Hayes, freshly pardoned by US President Donald Trump, has taken a board seat and major stake in a stem cell company where he’s also been a patient.
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Crypto industry groups slam bankers’ push to rewrite GENIUS Act Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act.
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EminiFX founder to pay $228M in Ponzi scheme ruling A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors.
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ARK Invest buys dip: purchases $21M Bullish, $16M Robinhood shares ARK Invest snapped up $21 million worth of Bullish and $16 million of Robinhood shares, extending its buying streak despite a sector-wide sell-off.
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Japan to approve first yen-backed stablecoins this fall Japan’s FSA is set to approve JPYC as the country’s first yen-pegged stablecoin, a move that could reshape demand for Japanese government bonds.
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Centrifuge tops $1B TVL as institutions drive tokenized RWA boom: CEO Centrifuge joins BlackRock’s BUIDL and Ondo Finance in the $1 billion RWA club as demand grows for tokenized products.
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US Treasury weighs digital ID verification in DeFi to tackle illicit finance The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
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S&P Dow Jones in talks to bring tokenized indexes to exchanges, DeFi: Exec S&P Dow Jones Indices is exploring partnerships with major exchanges, custodians and DeFi protocols to launch tokenized versions of its benchmarks.
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Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
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Winklevoss’ Gemini files for Nasdaq listing after strong Bullish debut Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.
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Vietnam police bust billion-dollar crypto Ponzi ring behind Paynet Coin scam: Report Vietnam’s police said they arrested 20 people in the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin.
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Coinbase wallet misstep leads to $300K loss via 0x swapper contract Coinbase lost $300,000 in token fees after mistakenly approving assets to a 0x swapper contract, enabling an MEV bot to drain its corporate wallet.
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ARK Invest scoops $172M in Bullish shares as stock soars 84% on debut Cathie Wood’s ARK Invest scooped $172 million worth of Bullish shares across three ETFs as the crypto exchange surged 83.8% in its first day of trading.
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Ether climbs toward new highs as Standard Chartered ups target to $7.5K Standard Chartered now sees ETH hitting $7,500 in 2025, fueled by record ETF and treasury buying, stablecoin growth and Ethereum network upgrades.
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OKB pumps 160% after 65M burn as OKX fixes supply at 21M, upgrades X Layer OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.
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Whale holding $5.6B in ETH is selling, dumps $88M in 15 hours Ethereum whale group “7 Siblings” sold $88.2 million in ETH within 15 hours as short-term traders locked in profits.
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Hex Trust adds institutional custody for tokenized uranium Hex Trust has integrated Tezos-based Etherlink to offer institutional custody for xU3O8, a tokenized uranium asset listed on multiple exchanges.
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Metaplanet, Smarter Web add almost $100M in Bitcoin to treasuries Metaplanet and the UK’s The Smarter Web Company added nearly $100 million in Bitcoin on Tuesday, boosting their positions among the largest public corporate BTC holders.
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Bithumb halves crypto lending leverage, slashes loan limits by 80%: Report Bithumb’s new rules slash maximum loan limits by 80% and halve leverage, following regulator scrutiny over high-risk crypto lending products.
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Crypto debanking is ‘still occurring’ as banks stick to Chokepoint policies Despite Trump’s pro-crypto stance, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.”
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Embargo ransomware group moved $34M in crypto since April: TRM Labs TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure.
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Arthur Hayes buys ETH back at higher prices, pinky swears to never sell A week after selling $8.3 million in ETH, Arthur Hayes bought back at a higher price, telling Crypto Twitter he’ll “never take profit again.”
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VivoPower shares jump 32% on $100M Ripple buy plan to boost XRP treasury VivoPower shares surged over 32% after announcing a $100 million plan to buy Ripple Labs shares, expanding its exposure to Ripple equity and XRP tokens.
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World Liberty Financial weighs $1.5B public company to hold WLFI tokens Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens.
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Satsuma secures $218M, including $125M in BTC, to advance Bitcoin strategy Satsuma Technology secured $217.6 million in its latest raise, with over half settled in Bitcoin, drawing support from top crypto funds and UK institutional investors.
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XRP custody goes live for Korean institutions via BDACS amid ‘strong interest’ South Korea’s BDACS has rolled out institutional custody support for XRP, following its partnership with Ripple and integration with top South Korean exchanges.
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Eye-scanning crypto projects pose national security risks, China warns China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage.
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Galaxy Digital posts $31M profit as Bitcoin holdings climb to 17,102 in Q2 Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1.