ETHTrustFund DAO transfers $2M treasury in apparent rug pull
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
BNB Chain Gas-Free Stablecoin Transfers Target Crypto’s Everyday Payment Problem
Stablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push towa...
Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report
Prosecutors in Wisconsin and New York are growing frustrated with stablecoin giant Circle after it repeatedly ignored law enforcem...
Cardano’s wallet hack exposed the user layer holding its on-chain government together
EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano's infrastructure funding, to f...
Bitwise reports DeFi tokens outperform Bitcoin amid quiet re-rating
DeFi's resilience amid Bitcoin's decline signals a market shift towards revenue-generating protocols, attracting institutional int...
Crypto VC funds shift focus away from digital assets
VCs pivoting to AI and robotics signals a strategic shift, potentially reshaping investment landscapes and innovation priorities i...
Iran attacked: reports point to Bahrain and Kuwait as suspects as Bitcoin sells off
Escalating tensions in the Gulf could destabilize global markets, impacting energy prices, inflation, and investor risk appetite....