22-year-old sentenced to 70 months for money laundering tied to $263 million crypto syndicate
The Lamborghini-laden money laundering operation was "built on greed so brazen it borders on the cartoonish," according to prosecutors....
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Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit
Aave has raised $160 million of $200 million needed to cover bad debt from the Kelp DAO exploit, the year's largest DeFi breach. Mantle and Aave DAO contributed $127 million combined, while founder Stani Kulechov pledged $11.7 million personally. The DeFi United recovery effort aims to stabilize rsETH and restore market confidence after the $292 million security incident.
Freezing 5.6 million dormant bitcoin could trigger ‘worst’ single-day repricing
Maximalists warn freezing 5.6M BTC risks instant sell-offs, while others say quantum threats leave no alternative....
UTXO Management Launches Dual-Class Digital Credit Income Fund
Bitcoin Magazine UTXO Management Launches Dual-Class Digital Credit Income Fund UTXO Management has launched a dual-class digital credit income fund that offers a senior income tranche targeting fixed monthly yields and a total return tranche focused on leveraged upside. This post UTXO Management Launches Dual-Class Digital Credit Income Fund first appeared ...