Search results for tag #crypto
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Newsletter: As the president’s family’s shady dealings continue to mount, SEC enforcement actions have collapsed to twenty-year lows. The CFTC says it doesn’t need staff when it has AI.
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2/ so far the #KelpDAO / #Layer0 hack (tentatively attributed to #NorthKorea) has led to a quarter of all money being drained from #Aave and massive withdrawals across the entire #defi ecosystem.
https://protos.com/defi-sector-in-14b-meltdown-as-290m-rseth-hack-fallout-burns-aave/
#crypto #cryptocurrency #DPRK #LazarusGroup #TraderTraitor #infosec #cybersecurity
another day, another $300 million #crypto hack (probably directly into #NorthKorea's nuclear weapons coffers). this time it's something called #KelpDAO.
There's a few interesting parts here:
1. KelpDAO operates through #Aave, the biggest / most important lender in "decentralized finance" (#defi) and the way the hack was pulled off managed to stick Aave with almost $300 million in bad debt (in the form of a bunch of fake #rsETH tokens, a "liquid staking token" for #ETH that i'm only going to explain if someone actually is interested and asks in the comments)
2. as a result there's a stampede to get money out of Aave. not quite a full run on the bank bc that's not really possible w/the way Aave works, but directionally similar
3. the founder of Aave mocked #DriftProtocol for being hacked for a similar amount two weeks ago as "not defi". this complicates the solution here, which is for Aave to step in and rewrite the decentralized protocol to socialize the losses onto users.
- explainer: https://x.com/ImperiumPaper/status/2045883103105737006
- bloomberg: https://www.bloomberg.com/news/articles/2026-04-19/crypto-hack-worth-290-million-triggers-defi-contagion-shock
#threatintel #cybersecurity #DPRK #LazarusGroup #ethereum #StaniKlechov #DAO #infosec
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@) inno & of
~ @inno ox
Two weeks ago, when Drift was exploited for $280M, @aave founder
Stani publicly mocked them, saying “this is not DeFi”
In a twist of irony, today AAVE has been hit for $280M+ with the same
method, likely by the same attackers...
Karma is real. Grave dancing is bad. @
9) stani@ B AAVE Founder oz -
@StaniKulechov
This is not DeFi
715 AM - Apr 2, 2026 - 53.6K Views
Q 27 11 38 Q 723 [J 18 hy
a Stani
3:19 PM - Apr 18, 2026 - 191.3K Views
Cantor Fitzgerald — the firm previously run by Commerce Secretary Howard Lutnick, now controlled by his sons, and which also custodies the reserves for offshore stablecoin issuer Tether — put $10 million into a Republican-focused crypto super PAC led by a Tether executive.
the kyrgyz (pronounced "Russian") #crypto exchange #Grinex (a successor to #Garantex, the exchange beloved by #ransomware gangs all over the world) was "hacked" and ~$15 million worth of user's crypto was "stolen"¹. they're blaming the CIA or MI6 or whatever.
(also happens to be the exchange on which the #Rusian #ruble backed #stablecoin #A7A5 was launched last year)
¹ it might have actually been hacked but this is crypto so you should always assume it's an #exitscam until proven otherwise.
#Kyrgyzstan #Russia #Putin #ukraineWar #ukraine #VladimirPutin #Kazakhstan #stablecoins #OFAC #cybersecurity #Infosec
Alt...
+ Grinex describes itself as a “leading crypto exchange” that enables
“settlements between Russian businesses and citizens.” The platform
launched in Kyrgyzstan in early 2025, the Financial Times reported.
+ The exchange also launched trading in the stablecoin A7AS5, which
is pegged to the ruble and backed by deposits at the sanctioned Russian
bank Promsvyazbank. A7AS5 is designed to facilitate cross-border
payments between Russia and other countries under sanctions, according
to the newspaper's investigation. Grinex says it complies with
international sanctions regimes.
+ Transparency International Russia has described Grinex
as a reincarnation of the exchange Garantex, which was placed under
Western sanctions for cooperating with criminals from multiple countries
and, after Russia launched its full-scale war against Ukraine, was used
as a tool for evading financial restrictions.
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The new Fellowship crypto PAC has filed its first fundraising disclosure. It reports a $10 million contribution from Cantor Fitzgerald (previously headed by Commerce Secretary Howard Lutnick, now controlled by his sons) and $1 million from Anchorage Digital.
#crypto #cryptocurrency #USpol #USpolitics
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SCHEDULE A (FEC Form 3X)<br>ITEMIZED RECEIPTS<br>A. Anchor Labs Inc<br>Date of Receipt 01-12-2026<br>Amount of Each Receipt this Period 1000000.00<br>Aggregate Year-to-Date 1000000.00<br>B. Cantor Fitzgerald<br>Date of Receipt 01-23-2026<br>Amount of Each Receipt this Period 10000000.00<br>Aggregate Year-to-Date 10000000.00
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goss » 🌐
@goss@c.im
RE: https://infosec.exchange/@cybersecboardrm/116318216683050132
Interesting coverage by Jessica Klein.
What is not explained is why #tron and #aptos are specifically mentioned. Are they uniquely exploitable compared to others?
Since its inception the concept of running code on a transaction blockchain has always seemed ludicrous to me in a #cybersecurity sense.
#crypto experts what am I missing?
(Friends With Benefits was big in 2021–2022-ish? and landed a $100M valuation from a16z ll)
#crypto #cryptocurrency #USpol #USpolitics
Alt...
Since its humble beginnings as a social experiment in September 2020, FWB has grown to nearly 2000 members and its community has driven an outsized portion of the cultural value in web3. DAO members have launched a (now canonical)token-gated events app, an NFT gallery, a web3-focused editorial venture, a virtual music studio, and a real-time community dashboard, in addition to a series of parties around the world. Their next venture, FWB Cities, aims to scale the DAO’s IRL footprint, partnering with city-specific spaces, communities, and experiences to bring real world benefits to the FWB membership. In this way, FWB Cities offers a glimpse into the very first IRL metaverse and will make the entry fee even more accessible to more people. Because of FWB, it’s now possible to envision a world where the first time you interact with crypto is when you walk into a bar or attend your friend’s concert. Our goal is to offer guidance as FWB navigates the complexities that come with the next phase of DAO maturity. We plan to actively participate in governance and we will empower key community members through delegation. We’re thrilled to be a part of the FWB community as they lead the charge toward mainstream adoption of web3.
beyond all the crypto stuff, it seems like a red flag that the Fed Chair nominee clearly went through a DAO phase
#crypto #cryptocurrency #USpol #USpolitics
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24.1.53.14 CreatorDAO (Creator investment platform)
Alt...
24.1.53.25 Friends With Benefits (Web3 community platform)
Their endorsements so far are all Republicans:
• Alan Wilson, South Carolina governor
• Mike Collins, Georgia Senate
• Julia Letlow, Louisiana Senate
• Pete Ricketts, Nebraska Senate (incumbent)
• Nate Morris, Kentucky Senate
• Blake Miguez, Louisiana House District 5
#USpolitics #USpol #crypto #cryptocurrency
It seems like this PAC will indeed be entering the playing field, and potentially dramatically increasing the amount of money in play on behalf of the crypto industry if their earlier claims around funds committed are to be believed. There are a few more days until their quarterly filing is due, at which point we should get more insight into how much money this PAC has on hand and where it's coming from.
A week ago, Fellowship PAC announced that Jesse Spiro, head of government affairs at stablecoin company Tether, would be chairing the PAC. Now they've endorsed a slate of Republican candidates, and made their first expenditure ($300,000 in the last moments of Clayton Fuller's successful bid for the special election in GA-14).
In September 2025, a new cryptocurrency super PAC launched, claiming to have $100 million committed.
If true, it would mean the crypto super PACs would have nearly half again as much cash to deploy in the midterms. But their EOY filing showed $0, and I was beginning to wonder if it was a bust.
#USpolitics #USpol #crypto #cryptocurrency
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Press release from Fellowship PAC: THE FELLOWSHIP PAC The Fellowship PAC Launches With Over $100 Million Committed to Protect America's Leadership in Innovation and Transparency Washington, DC September 15th., 2025: The Fellowship PAC, a new independent-expenditure, today announced over $100 million commitment to back pro-innovation, pro-crypto candidates who will safeguard America's role as the global leader in digital assets and entrepreneurship. The Fellowship PAC represents the next step in the industry's evolution-building on the unprecedented momentum that innovators, entrepreneurs, and investors have already created. Unlike past political efforts, the Fellowship PAC's mission is defined by transparency and trust, ensuring political action directly supports the broader ecosystem rather than narrow or individual interests. Under President Trump's administration, a regulatory framework is being established that puts America on the path to become the global crypto capital. The Fellowship PAC will exist to carry that momentum forward, reinforcing America's competitive edge in digital asset innovation and guaranteeing that founders and domestic crypto companies have the freedom, clarity, and regulatory support to build the future here at home. The PAC will focus on: Supporting candidates committed to transparent and predictable rules for digital assets. Protecting America
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RE: https://masto.ai/@GhostOnTheHalfShell/116376819557050136
good interview with two good dudes who really know what they're talking about (@gilduran.com + david z morris) going through epstein's deep and persistent involvement with #bitcoin/#crypto from the very earliest days. (ICYMI epstein was sending emails about how one of his life goals was to make a lot of money in #virtualcurrency in 2009 just as bitcoin was invented, he met the core dev team in 2011, and he started paying all the developers' salaries ca. 2015).
epstein didn't really understand "the tech" but the #EpsteinFiles make it very clear he was miles ahead of all the 25 year old anarchist crypto bros he was emailing with as far as appreciating how crypto could be used for financial crimes like #moneylaundering.
there's a bunch of emails where Epstein advises some crypto bro about things like how to not pay taxes or how to avoid getting arrested for #moneylaundering or #BankSecrecyAct violations.
https://universeodon.com/@GhostOnTheHalfShell@masto.ai/116376819600204443
#blockchain #crypto #epsteinFiles #bitcoin #MIT #MITMediaLAb #mediaLab #epstein #uspol #coinbase #BankSecrecyAct
#Iran will be accepting payments to cross the #StraitOfHormuz in #bitcoin and #crypto bros are fucking STOKED that the #IRGC will be pumping their bags when it buys weapons to kill its own citizens as well as those of many other countries. #winning
the best part is that #Trump's American Bitcoin company will be earning transaction fees on the payments.
lol.
#Israel #iranwar #hormuz #uspol #corruption #ABTC #BTC
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Hosseini said that each tanker must email authorities about its cargo, after
which Iran will inform them of the toll to be paid in digital currencies.
He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass
freely.
“Once the email arrives and Iran completes its assessment, vessels are given a
few seconds to pay in bitcoin, ensuring they can’t be traced or confiscated due
to sanctions,” Hosseini added.
ladies and gentlemen, i give you one of the #crypto industry's leading lights #RyanSelkis, CEO of the #scamalytics firm #Messari:
#antisemitism #jews #iran #trump #uspol
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a Ryan Selkis (Solomon) ® &-13h X
The Jews are the enemy.
And Trump is their puppet.
We will destroy their supporters.
CJ 22 13 46 Q 474 46k [A &
"This is the story of how dealmaking by the Trump family's $3 billion crypto firm put it in uncomfortable proximity to alleged criminals sanctioned by the Trump government."
(tl;dr the #Trump family's in business with the chinese #mafia, which shouldn't surprise anyone who reads my feed but still nice to see such concrete confirmation)
#worldLibertyFinancial #WLFI #crypto #trump #corruption #uspol #cambodia #princeGroup #ASEAN #thailand #myanmar #china #organizedCrime #scams #pigButchering
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Trump crypto venture linked to firm tied to sanctioned figures
World Liberty Financial says checks were carried out before its ‘partnership’ with
AB DAO, whose ‘flagship project’ had recently involved sanctioned men
Chen Zhi, the Chinese-born Cambodian founder and chairman of the Prince Group, is subject to British and US sanctions
Jack Adamovi¢ Davies | Richard Lloyd Parry, Asia Editor
Monday April 06 2026, 9.30pm, The Times
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#BigData, big cata : enquête sur l'empreinte écologique des #dataCenters
«Nous vous emmènerons aux États-Unis [...] où des entrepôts géants, des «data centers hyperscale», poussent comme des champignons au détriment de l’#environnement et sans consulter les populations. Un reportage signé Edward Maille.
Et nous entendrons l'éclairage d'Anne-Cécile Orgerie, informaticienne, directrice de recherche au CNRS à l'IRISA...»
https://www.rfi.fr/fr/podcasts/c-est-pas-du-vent/20260403-big-data-big-cata-enqu%C3%AAte-sur-l-empreinte-%C3%A9cologique-des-data-centers
#tech #BigTech #IA #crypto #centresDeDonnées
current estimate $285 million possibly headed straight into the #DPRK or #IRGC nuclear weapons program, including $71.5 million from the "regulated" #stablecoin #USDC that could have stopped at least that much of this heist at any moment in the last 4 hours and just... chose not to do so.
remember that the goal of the #GeniusAct etc. is to make companies like Circle USDC *your* bank.
#Circle #USDC #GeniusAct #crypto #bitcoin #driftProtocol #solana #SOL #infosec #crime #lazarusGroup #FutureOfFinance #stablecoins #infosec #Hack #cybersecurity #Tether #USDT
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USDC
JLP
USDS
USDT
JUP
USDY
ZBTC
EURC bSOL
INF
mSoL
syrupUSDC
Fartcoin
WBTC
JitoSOL
WETH dSOL
сЬВТС
Amount
71,415,648.66 $
42,721,062.00 $
5,253,016.98 $
5,648,410.15 $
2,622,068.02 $
477,375.42 $
8.61 $
583,980.69 $
9,474.33 $
21,241.62 $
17,418.92 $
2,865,380.80 $
23,365,802.90 $
63.47 $
33,976.51 $
2,200.59 $
45,292.21 $
164.35 $
$
71,415,648.66
159,329,898.68
5,253,125.17
5,648,410.15
429,820.13
536,721.64
591,147.52
678,093.69
1,015,762.26
2,496,178.85
1,989,219.37
3,318,311.46
4,145,112.57
4,359,399.65
3,598,696.98
4,684,896.11
4,466,805.96
11,321,165.24
something called "Drift Protocol" just got exploited for $270 million
crypto proving itself to be the future of finance every day
#crypto #solana #DriftProtocol #FutureOfFinance #crime #SOL
Alt...
Okay, looks like someone found a weak collateral asset (not sure which one).
Weak - as in, low liquidity, or bad oracle.
Inflated the value of it / exploited the oracle, deposited it as collateral and then borrowed everything.
For reference:
Total Deposited: $397M / Total
Borrowed: $391M
Which means the system is basically maxed out on borrowing capacity, i.e. a typical sign of:
Artificially inflated collateral or broken risk parameters
Newsletter: Coinbase is accused of holding the cryptocurrency industry hostage over stablecoin rewards, prediction markets face an onslaught of opposition, and a Stand With Crypto poll can’t even get enthusiasm from its own activists
Newsletter: As they angle for a presidential pardon in television interviews, Sam Bankman-Fried’s law professor parents file “pro se” motions for their adult son, leave voicemails with the judge, and sign documents claiming they're from him in prison.
#crypto #cryptocurrency #FTX #SBF
https://www.citationneeded.news/sam-bankman-frieds-helicopter-parents/
the short list of things crypto has done for the world:
1. cyberscam slavery
3. iranian weaponry
3. oligarchs can move money around
4. the worst people in the world amassed incredible wealth and power
5. president donald trump
The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries. 90% of that – $12.8 million – was wasted, in that it went to opposing Democratic candidates who won their primaries (Stratton in the Senate race, Ford in H-07) or supporting their opponents.
Their only victories in the state were where they contributed money towards outcomes that were already highly likely. They opposed Robert Peters (H-02), who had been polling in third place and ultimately received 12% of the vote. They supported Bean (H-08) and incumbent Budzinski (H-13).
Newsletter: Justin Sun buys his way out of an SEC fraud case, Iranian transactions on Binance draw DOJ scrutiny as the exchange sues the newspaper that reported on them, and crypto super PACs dump millions into Tuesday’s primaries in Illinois.
https://www.citationneeded.news/issue-102/
#crypto #cryptocurrency #USpolitics #USpol