Holograph Foundation former employee received a five-year prison sentence for illegally minting 1 billion HLG tokens valued at about $14 million in 2024. Two accomplices received suspended or partially suspended sentences and fines.
Key points
Sentence: five years total, two years to be served, three years suspended.
Minted tokens: 1 billion HLG tokens, approx. $14 million value, transferred to personal wallets.
Sources
Angel Investing Portfolio Results After 10 Years
After almost 10 years of angel investing in 50 companies, the investor reports sector breakdown, liquidity events, ROI highlights, and wind-down outcomes. The data includes percentages, counts of returns, and specific outcomes for crypto and AI investments.
Key points
60% of companies were in crypto, 10% in AI, rest across other industries.
6 investments returned liquidity greater than the initial check (5 from token warrants, 1 from equity). All were in the crypto space.
Sources
Keplr Google/Apple login hack rescued $5.7M in two addresses
Keplr Google/Apple login hack moved about $5.7 million from wallets on seven chains. The funds remain untouched in two addresses that act as a recovery operation.
Key points
$5.7M swept out of wallets on seven chains.
All funds sit untouched in two addresses that behave like a recovery operation.
Sources
PBOC probes Solana Lujiazui ad, South Korea tax to 2029, Russia opens BTC ETH USDT
PBOC will probe Solana’s Lujiazui ad campaign. South Korea pushes crypto gains tax to 2029. Bank of Russia opens BTC, ETH and USDT to retail investors. Hong Kong will license crypto custody services.
Key points
PBOC to probe Solana’s Lujiazui ad campaign
South Korea pushes crypto gains tax to 2029
Bank of Russia opens BTC, ETH and USDT to retail investors
Hong Kong to license crypto custody services
Sources
Tachyon scaling Zcash announced, aims for planetary scale
Tachyon is presented as the answer to scaling Zcash to planetary scale, with a goal to ship it in the next 2-3 years and make Zcash post-quantum secure. The post asks what real-world adoption looks like, how tooling will evolve, and the highest-leverage opportunity for global encrypted money.
Key points
Tachyon is described as the answer to how Zcash will scale to planetary scale.
Winning in the next 2-3 years means shipping Tachyon and making Zcash post-quantum secure.
Sources
KrakenWallet next version helps Apple review, UI glow up announced
KrakenWallet announces its next version will help up in Apple review and includes a massive glow up to Explore, Search, and Discovery. A subsequent version under testing is described as faster than ever.
Key points
Next version helps up in Apple review and adds major UI updates to Explore, Search, and Discovery.
Version after, currently being tested, is faster than ever.