Arkham added $3 billion of crypto funds to its labels, including new entries for Bitcoin and Solana products. The list details each fund and its labelled amount.
Key points
CoinShares: BITC Physical Bitcoin ETP ($1.52B newly labelled)
Grayscale: Solana Trust ($125.9M)
Sources
Binance says alleged 335M-user data leak likely a scam
Binance says alleged 335M-user data leak likely a scam, found no evidence of compromised systems, KYC data, credentials or keys. The exchange noted inconsistencies in the listing and suggested the dataset may be infostealer data from users’ devices.
Key points
Investigation: ShinyHunters allegedly stole data on 335 million users and demanded $900,000.
Findings: No evidence that Binance systems, KYC data, account credentials or wallet private keys were compromised; parts of the listing inconsistent with Binance storage; dataset may involve infostealer data from users’ devices.
Sources
Nvidia CEO Affair Fallout – Binance NVDAUSDT drops 4.2%
Nvidia CEO Jensen Huang admitted infidelity and apologized, prompting Binance’s NVDAUSDT perpetual contract to trade 4.2% below Nvidia’s prior US close. Binance recorded $360.35M volume and $90.57M open interest, ranking first among the eight platforms tracked.
Key points
Price drop: NVDAUSDT fell 4.2% versus Nvidia’s previous US close.
Trading stats: $360.35M volume and $90.57M open interest, highest of eight platforms.
Sources
Zcash block target spacing proposal to 20 seconds in NU7.1 upgrade
Zcash developers proposed cutting block target spacing from 25 seconds to 20 seconds in a potential NU7.1 upgrade. The change aims to speed up confirmations and improve end-user UX and latency.
Key points
Proposal: reduce block target spacing from 25 seconds to 20 seconds.
Context: proposal is for a potential NU7.1 upgrade, days after NU7 went live.
Sources
WuBlockchain Outlook - $104B backlog, $640M interest
WuBlockchain Outlook reports a $104B backlog and a $640M quarterly net interest bill as U.S. CPI and PPI may keep rates high. AI demand is real but turning it into profitable growth is harder.
Key points
Backlog: $104B backlog isn't cash in the bank.
Net interest: $640M quarterly net interest bill as U.S. CPI and PPI threaten to keep rates elevated.
Sources
Anthropic paper on ZK-STARKs for AI integrity
Anthropic released a paper proposing ZK-STARKs to verify AI integrity. The post calls for human-proof tech and cites the paper as evidence.
Key points
ZK-STARKs suggested as a solution for verifying AI integrity.
Anthropic published a paper on this specific direction last week.