The venture arm of BlockTower Capital has been officially spun off as a separate company under the name Strobe Ventures, with $235 million in assets under management (AUM) and plans to raise $100 million for its second fund. Strobe Ventures will double its investment in early-stage cryptocurrencies with a "high belief" strategy.
Vitalik Buterin, co-founder of Ethereum, wrote: "What Ethereum needs is a lot of young people with a cypherpunk vision. All OGs are exhausted and now it's time for the next generation."
According to on-chain analyst Ember monitoring, Bybit hackers have been washing ETH for almost 30 hours since yesterday afternoon, and have used a large number of addresses to use Chainflip, THORChain, LiFi, DLN, eXch and other cross-chain exchange platforms to exchange 37,900 ETH (106 million USD) cross-chain into other assets (BTC, etc.). There are currently 461,491 ETH ($1.29 billion) in the Bybit hacking address, and the total ETH they stole from Bybit is 499,395 ($1.40 billion).
According to on-chain analyst Ember monitoring, it may be that the address of Bybit or its related party received another 34,743 ETH (97.75 million USD) from Wintermute 20 minutes ago. It is likely that they have accumulated 106,498 ETH (294.93 million USD) in the last day or so: via Galaxy Digital, FalconX, Wintermute. This address first received 100 million USDT from Bybit's cold wallet and transferred to FalconX and Galaxy Digital.
According to on-chain analyst Ember Monitoring, Golem Network, which raised 820,000 ETH in its ICO in 2016, should have sold another 7,250 ETH (worth about $20 million) in the last two days, of which 6,200 ETH went to Binance and 1,050 ETH went to Coinbase.
Bybit CEO Ben Zhou posted on social media that it detected hackers trying to transfer BTC through Chainflip. It is hoped that the cross-chain bridge project will help Bybit prevent and prevent further transfer of assets to other chains. Bybit will soon issue a bounty program to anyone who helps it block or track down funds leading to recovery.
According to on-chain data analyst Ember, the MEXC hot wallet transferred 12,652 stETH (~ $33.75 million) to the Bybit cold wallet in the past 1 hour. Bybit should currently have received 64,452 ETH (~ $170 million) in loan support. From Bitget, an institution that withdrew money from Binance, and MEXC.
On February 22nd, according to the official website of the Department of Justice, Brazilian man DouverT. Braga was extradited from Switzerland to the United States on suspicion of a $290 million bitcoin Ponzi scheme and appeared in Seattle Federal Court. He was charged with 12 counts of wire fraud and 1 count of conspiracy to commit fraud, which can be sentenced to up to 20 years in prison. TradeCoinClub (TCC) operated by Braga claimed to use advanced algorithms to make profits, but in fact it w...
February 21st news, February 17th, China Securities Supervision Commission Party Secretary and Chairperson Wu Qing presided over the party committee, the meeting stressed that in light of the actual capital markets, solid implementation of policies and measures to promote the development of the private economy. It is necessary to do a good job in equity and debt financing support for private enterprises, to serve the development of new quality productivity as the focus, do a good job in the impl...
February 21st news, February 17th, China Securities Supervision Commission party secretary and chairperson Wu Qing presided over the party committee, the meeting stressed that to actively help private enterprises to solve the problem of development, cooperate with the relevant departments to resolve the arrears of private listed companies, coordinate the real estate enterprise financing support and bond default risk prevention and control, together with relevant parties to deal with the delistin...
On February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that listed companies are excellent representatives of enterprises in our country, and only a very small number of them have carried out financial fraud. With the continuous strengthe...
February 21 news, on February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that manipulation cases have shown some new characteristics, including the evolution from traditional "sitting house" manipulation using capital advantages to short-...
On February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that market manipulation is "parasitic" in the market body, distorting the market price formation mechanism, causing market signals such as the direction of buying and selling, the am...