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The hacker linked to the $300 million Coinbase heist is back in action, continuing to deploy stolen funds, this time on the Ethereum (ETH) network. On-chain Analysis reveals that the wallet linked to the exploit purchased 3,976 ETH, worth $18.9 million, at $4,756 per coin, according to data retrieved by Finbold from Arkham on September 13. This isn’t the attacker’s first move. Over the past week, blockchain analysts have tracked multiple high-value swaps from the wallet, including significant purchases of ETH and stablecoins like DAI. As reported by Finbold in late August, the hacker also bought 38,126 SOL worth about $7.95 million at an average price of $209. On July 20, the wallet added 649.62 ETH valued at $2.31 million, purchased at an average of $3,561 per coin. These transactions suggest a diversification strategy, with the attacker spreading funds across major blockchain ecosystems while routing activity through decentralized exchanges and aggregators t...

Bitcoin (BTC) is trading at $112,851, down 5.98% on the weekly chart. The move marks its lowest point in three weeks and extends a sharp reversal from the all-time high of $124,457 set on August 14, leaving the cryptocurrency down 9.3% from last week’s peak. BTC has broken below its 1D 50-day moving average (MA) for the first time in two months, triggering short-term jitters, though it remains comfortably above the 200-day SMA. The daily Relative Strength Index (RSI) has fallen to 40, a level that marked major lows in both August and June.  Despite the pullback, according to cryptocurrency analyst TradingShot , Bitcoin’s current structure resembles a fractal (a recurring chart pattern that mirrors previous phases in price and momentum) from its 2020 cycle. In fact, both the RSI and price action now look similar to late 2020, when BTC began its steep climb. BTC 2024 vs 2020 sequence. Source: TradingShot/Tradingview Back then, BTC’s rebound set the stage for its ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Controversial influencer Andrew Tate is learning the hard way about blockchain transparency. On Tuesday, Tate took to X (formerly Twitter) to flex a massive +138.5% return on an ETH long position using 25x leverage on Hyperliquid, a rising decentralized perpetuals exchange (DEX).  His post included a Hyperliquid-branded trade screenshot and a referral link, an apparent attempt to capitalize on the buzz and drive affiliate signups. Andrew Tate’s now deleted tweet. Source: X But Tate may have underestimated the transparency of on-chain platforms. While centralized exchanges (CEXes) can obscure account identities, DEX trades are fully public, tied to wallet addresses. Crypto sleuths quickly traced the wallet behind his Hyperliquid trade, exposing a much less glamorous truth.  According to data from portfolio tracker Hyperdash, the wallet currently shows a cumulative PnL of -$597,302.89, reflecting total losses across all past trades . In other words,...