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A $300 million crypto scam has left 1,200+ investors in Mexico and the US without funds, as authorities pursue suspects in a cross-border probe.
Quick Take A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain. Ethereum surged more than 7% in the past 24 hours to trade above $4,500 on Tuesday.
Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Grayscale debuts DeepBook and Walrus trusts, granting accredited investors direct exposure to foundational Sui blockchain tokens DEEP and WAL as both tokens post gains.
- 11:41Vitalik responds on how to improve the evaluation methods for crypto technology performance to ensure hardware independence, suggesting the use of publicly available hardware.ChainCatcher reported that Ethereum co-founder Vitalik Buterin previously suggested that developers in the fields of zero-knowledge proof (ZK) and fully homomorphic encryption (FHE) should adopt more practical performance evaluation metrics. He proposed using the "efficiency ratio," which is the ratio of encrypted computation time to original computation time, instead of the traditional "operations per second" metric. However, some community users raised concerns about how to ensure hardware independence. In response, Vitalik Buterin stated that publicly available hardware can be used, and the geometric mean of the capital expenditure in US dollars per operation per second and the energy consumption per operation in joules, both for encrypted and original computations, would serve as a reasonable first-pass metric.
- 11:28Andrew Kang increased his short positions to $77.97 million, with unrealized losses of approximately $1 million.According to Jinse Finance, monitored by AI Aunt, the short positions associated with AndrewKang have increased to $77.97 million, including $46.86 million in ETH shorts and $31.14 million in BTC shorts. The current total position has an unrealized loss of $990,000; meanwhile, his ENA long position has an unrealized profit of $2.97 million.
- 11:12Data: A certain whale deposited $2.91 million USDC into Hyperliquid and opened long and short positions worth approximately $70 million.According to ChainCatcher, monitored by Lookonchain, a whale (0x579f...e5ff) deposited 2.91 million USDC into Hyperliquid over the past two days and established positions totaling approximately 70 million USD. These include shorting 232 BTC (worth 25 million USD), shorting 5,810 ETH (worth 22.7 million USD), and going long on 44.79 million ENA (worth 21.3 million USD).