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In 2014, Mt. Gox — the biggest Bitcoin exchange in the world — collapsed overnight. Traders logged in to find their balances gone, as the company admitted a jaw-dropping 850,000 bitcoins had disappeared. Back then, the loss was worth $450 million. But at today’s price of $114,000 per coin, those missing BTC add up to a mind-bending $100 billion.
The theft didn’t happen in one dramatic hack. For years, coins were quietly drained from Mt. Gox wallets while customers kept trading as if nothing was wrong. It was a slow bleed that no one at the top seemed to notice — until the entire exchange crumbled in chaos.
Investigators followed the digital trail and found huge amounts of the stolen Bitcoin flowing into wallets tied to Alexander Vinnik, a Russian national. He ran the shadowy BTC-e exchange, which became the laundromat for billions in dirty crypto. Authorities say Vinnik was at the heart of the laundering machine that cleaned up the Mt. Gox fortune.
His arrest in 2017 turned into an international tug-of-war, with the U.S., France, and Russia all fighting to put him on trial. While creditors are only now seeing scraps of repayment, the fallout from Mt. Gox still haunts the crypto world more than a decade later.
#HackerAlert #BTC
The theft didn’t happen in one dramatic hack. For years, coins were quietly drained from Mt. Gox wallets while customers kept trading as if nothing was wrong. It was a slow bleed that no one at the top seemed to notice — until the entire exchange crumbled in chaos.
Investigators followed the digital trail and found huge amounts of the stolen Bitcoin flowing into wallets tied to Alexander Vinnik, a Russian national. He ran the shadowy BTC-e exchange, which became the laundromat for billions in dirty crypto. Authorities say Vinnik was at the heart of the laundering machine that cleaned up the Mt. Gox fortune.
His arrest in 2017 turned into an international tug-of-war, with the U.S., France, and Russia all fighting to put him on trial. While creditors are only now seeing scraps of repayment, the fallout from Mt. Gox still haunts the crypto world more than a decade later.
#HackerAlert #BTC
Trader accidentally swaps $50M $USDT for $36,000 $AAVE on Ethereum.… And an MEV Bot Walked Away With $9.9M
Here’s the story 👇
🧵 20 Days Ago
A fresh wallet received $50.4M USDT from Binance.
No one knew what the wallet was planning.
Fast forward to today…
💥 The $50M Swap
The wallet attempted to buy AAVE using the entire $50M USDT through the Aave interface.
But there was one major problem:
The order was massive relative to available liquidity.
The interface warned about extreme slippage and required the user to manually confirm a checkbox acknowledging the risk.
The user confirmed it on mobile.
Then executed the trade.
📉 The Result
Instead of receiving ~$50M worth of AAVE…
The user only received ~327 AAVE.
Total value received: about $36K.
That implies an effective price of ~$154,000 per AAVE.
The swap was routed through CoW Protocol and executed via SushiSwap liquidity.
🤖 Enter the MEV Bot
Within the same block, an MEV bot spotted the opportunity.
Here’s what it did:
1️⃣ Flash borrowed $29M WETH from Morpho
2️⃣ Bought AAVE at fair market value via Bancor
3️⃣ Dumped that AAVE into the distorted SushiSwap pool created by the user’s trade
4️⃣ Repaid the flash loan
Final profit?
💰 $9.9M in a single block.
⚠️ What Happened Here
Nothing was hacked.
The problem was liquidity, slippage, and transaction size.
Everything technically worked exactly as designed.
The problem was liquidity + slippage + transaction size.
When a $50M order hits a thin liquidity pool, the price curve explodes.
MEV bots are constantly scanning for these inefficiencies.
And when they appear…
They extract value instantly.
🏗️ Aftermath
The team behind the routing acknowledged the outcome was far from optimal, despite the user confirming the warning.
They’ve stated they will:
• Attempt to contact the user
• Return $600K in fees generated from the trade
• Explore additional guardrails for large swaps
$AAVE $BTC
Here’s the story 👇
🧵 20 Days Ago
A fresh wallet received $50.4M USDT from Binance.
No one knew what the wallet was planning.
Fast forward to today…
💥 The $50M Swap
The wallet attempted to buy AAVE using the entire $50M USDT through the Aave interface.
But there was one major problem:
The order was massive relative to available liquidity.
The interface warned about extreme slippage and required the user to manually confirm a checkbox acknowledging the risk.
The user confirmed it on mobile.
Then executed the trade.
📉 The Result
Instead of receiving ~$50M worth of AAVE…
The user only received ~327 AAVE.
Total value received: about $36K.
That implies an effective price of ~$154,000 per AAVE.
The swap was routed through CoW Protocol and executed via SushiSwap liquidity.
🤖 Enter the MEV Bot
Within the same block, an MEV bot spotted the opportunity.
Here’s what it did:
1️⃣ Flash borrowed $29M WETH from Morpho
2️⃣ Bought AAVE at fair market value via Bancor
3️⃣ Dumped that AAVE into the distorted SushiSwap pool created by the user’s trade
4️⃣ Repaid the flash loan
Final profit?
💰 $9.9M in a single block.
⚠️ What Happened Here
Nothing was hacked.
The problem was liquidity, slippage, and transaction size.
Everything technically worked exactly as designed.
The problem was liquidity + slippage + transaction size.
When a $50M order hits a thin liquidity pool, the price curve explodes.
MEV bots are constantly scanning for these inefficiencies.
And when they appear…
They extract value instantly.
🏗️ Aftermath
The team behind the routing acknowledged the outcome was far from optimal, despite the user confirming the warning.
They’ve stated they will:
• Attempt to contact the user
• Return $600K in fees generated from the trade
• Explore additional guardrails for large swaps
$AAVE $BTC
Recent Trades
3 trades
USDC/USDT
Market Analysis
The chart shows a clear bearish structure with price trading under strong resistance and forming lower highs and lower lows. Selling pressure remains dominant as the market continues to move downward after rejecting higher levels. This movement suggests that sellers are in control and the momentum favors further decline in the short term. If the current bearish trend continues, the price may move toward the first target at 66,240. A strong break below this level could open the path toward the second target at 65,044, where temporary support may appear. However, if selling pressure persists, the market may extend the decline toward the third target near 63,024. Traders should watch for confirmation signals and manage risk carefully as volatility may increase around these key support zones.
$XRP
$BTC
$XRP
$BTC
#2025withBinance Start your crypto story with the @Binance Year in Review and share your highlights! #2025withBinance.
👉 Sign up with my link and get 100 USD rewards! https://www.binance.com/year-in-review/2025-with-binance?ref=107082837
👉 Sign up with my link and get 100 USD rewards! https://www.binance.com/year-in-review/2025-with-binance?ref=107082837
SlowMist #Cosmos: UXLINK Hacker Possibly Targeted by Inferno Drainer Phishing Attack
SlowMist #Cosmos: UXLINK Hacker Possibly Targeted by Inferno Drainer Phishing Attack
PayPal, with over 400 million active accounts, is adding cryptocurrency support to its peer-to-peer (P2P) payments, allowing users to send and receive digital assets directly—a move that could speed up mainstream adoption beyond just investment and trading.
The company introduced PayPal Links, a personalized one-time link generated in the app that can be shared across text, email, or chat. The feature will launch first in the US, then expand to the UK, Italy, and other markets later this year.
Soon, users will be able to send cryptocurrencies and stablecoins through PayPal’s P2P feature, both to PayPal and Venmo users, as well as to compatible wallets. Supported assets include Bitcoin (BTC), Ethereum (ETH), PYUSD, and more.
#SECReviewsCryptoETFS
The company introduced PayPal Links, a personalized one-time link generated in the app that can be shared across text, email, or chat. The feature will launch first in the US, then expand to the UK, Italy, and other markets later this year.
Soon, users will be able to send cryptocurrencies and stablecoins through PayPal’s P2P feature, both to PayPal and Venmo users, as well as to compatible wallets. Supported assets include Bitcoin (BTC), Ethereum (ETH), PYUSD, and more.
#SECReviewsCryptoETFS
Crypto Summary 05.09.2025
➡️ Bitmine Continues Aggressive ETH Accumulation
Bitmine purchased another 54,937 ETH worth $237 million, further expanding its massive Ethereum treasury holdings.
➡️ Justin Sun Appeals for WLFI Token Release
Justin Sun formally requested World Liberty Financial to unfreeze his tokens, emphasizing the need for fairness, transparency, and trust to restore investor confidence in the project.
➡️ Ripple Expands RLUSD to Africa
Ripple announced partnerships with Chipper Cash, VALR, and Yellow Card to launch its RLUSD stablecoin across African markets, targeting financial inclusion.
➡️ $4.55 Billion Options Expiry Creates Market Tension
Friday's massive options expiration included $3.28 billion in Bitcoin options (put/call ratio 1.38, max pain $112,000) and $1.27 billion in Ethereum options (put/call ratio 0.78, max pain $4,400), potentially driving price volatility.
➡️ Ethereum ICO Whale Awakens After 8 Years
An early Ethereum investor who acquired 1 million ETH during the 2015 ICO ($310K investment, now worth $4.3B) moved 150,000 ETH ($645M) to a new staking wallet after eight years of dormancy.
➡️ US Jobs Data Meets Expectations
US unemployment held steady at 4.3%, matching forecasts and providing market stability ahead of potential Fed rate cuts.
➡️ September Historically Bitcoin's Worst Month
Historical data shows September as Bitcoin's weakest month over the past decade, averaging -2.8% returns with only 39% of Septembers closing positive.
➡️ Institutional Bitcoin vs Ethereum Flows Diverge
While Fidelity, Grayscale, and VanEck sold ETH, BlackRock purchased $150 million worth of Ethereum. Both Bitcoin and Ethereum saw significant outflows from exchanges, suggesting continued institutional accumulation.
➡️ Bank of America Expects Two Fed Rate Cuts
Bank of America revised its forecast to expect the Federal Reserve to cut interest rates twice this year, supporting risk asset sentiment.
➡️ Bitmine Continues Aggressive ETH Accumulation
Bitmine purchased another 54,937 ETH worth $237 million, further expanding its massive Ethereum treasury holdings.
➡️ Justin Sun Appeals for WLFI Token Release
Justin Sun formally requested World Liberty Financial to unfreeze his tokens, emphasizing the need for fairness, transparency, and trust to restore investor confidence in the project.
➡️ Ripple Expands RLUSD to Africa
Ripple announced partnerships with Chipper Cash, VALR, and Yellow Card to launch its RLUSD stablecoin across African markets, targeting financial inclusion.
➡️ $4.55 Billion Options Expiry Creates Market Tension
Friday's massive options expiration included $3.28 billion in Bitcoin options (put/call ratio 1.38, max pain $112,000) and $1.27 billion in Ethereum options (put/call ratio 0.78, max pain $4,400), potentially driving price volatility.
➡️ Ethereum ICO Whale Awakens After 8 Years
An early Ethereum investor who acquired 1 million ETH during the 2015 ICO ($310K investment, now worth $4.3B) moved 150,000 ETH ($645M) to a new staking wallet after eight years of dormancy.
➡️ US Jobs Data Meets Expectations
US unemployment held steady at 4.3%, matching forecasts and providing market stability ahead of potential Fed rate cuts.
➡️ September Historically Bitcoin's Worst Month
Historical data shows September as Bitcoin's weakest month over the past decade, averaging -2.8% returns with only 39% of Septembers closing positive.
➡️ Institutional Bitcoin vs Ethereum Flows Diverge
While Fidelity, Grayscale, and VanEck sold ETH, BlackRock purchased $150 million worth of Ethereum. Both Bitcoin and Ethereum saw significant outflows from exchanges, suggesting continued institutional accumulation.
➡️ Bank of America Expects Two Fed Rate Cuts
Bank of America revised its forecast to expect the Federal Reserve to cut interest rates twice this year, supporting risk asset sentiment.
The largest ENA holding address on Hyperliquid has a long position of over 5x, currently showing a unrealized gain of $3.1 million.
"Iron Hands Air Force" Whale Continues to Short, with Unrealized Losses Exceeding Ten Million Dollars, PUMP Single Coin Loss Nearly 13 Million Dollars
US Stock Crypto Stocks Showing Mixed Performance, BNC Up 20%, Trump-Related ALTS, ABTC Up Around 15%
Arkham: 45,000 $BTC Found Untouched by German Government, Potentially Still Controlled by Movie2K Operator
Ukraine is moving toward full-scale crypto regulation, introducing a bill that would give cryptocurrencies legal standing and impose nationwide taxes on digital asset gains.
The proposal sets an 18% tax on crypto profits, with an extra 5% directed toward military support. To ease the shift, a one-year grace period would lower taxes on conversions to local currency. Lawmakers are still deciding whether the central bank or the securities commission will oversee the market.
The urgency comes as security analysts warn that Ukraine’s loose oversight has created risks ranging from smuggling to political funding. With wartime financing needs and growing adoption, lawmakers aim to transform crypto from a gray-market workaround into a formally integrated part of the economy.
Ukraine ranks among the top global adopters of crypto, leading in Eastern Europe, according to Chainalysis. This bill reflects Kyiv’s shift in viewing digital assets not only as grassroots tools, but as essential components of its financial and international framework.
#RedSeptember #TradeWarEases
The proposal sets an 18% tax on crypto profits, with an extra 5% directed toward military support. To ease the shift, a one-year grace period would lower taxes on conversions to local currency. Lawmakers are still deciding whether the central bank or the securities commission will oversee the market.
The urgency comes as security analysts warn that Ukraine’s loose oversight has created risks ranging from smuggling to political funding. With wartime financing needs and growing adoption, lawmakers aim to transform crypto from a gray-market workaround into a formally integrated part of the economy.
Ukraine ranks among the top global adopters of crypto, leading in Eastern Europe, according to Chainalysis. This bill reflects Kyiv’s shift in viewing digital assets not only as grassroots tools, but as essential components of its financial and international framework.
#RedSeptember #TradeWarEases
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