Key Takeaways from This Article:

  • 1inch withdraws 7.56M 1INCH from Binance, valued at $1.37M.
  • Reports of North Korean agents infiltrating 15-20% of crypto companies.
  • pump.fun transfers 405M USDC to Kraken.
  • Whale buys 4022 ETH and leverages long positions on ETH and BCH.
  • Port3 initiates token migration plan and burns over 160M tokens.
  • Monad warns of fake Meme coins and NFTs.
  • Aster compensates users affected by gold price feed error.
  • US Government's Office of Efficiency disbanded.
  • Rumble enables BTC, XAUT, and USDT tipping.
  • Large token unlocks for several tokens coming.
  • US Treasury Secretary: Government shutdown cost $11B in GDP.
  • Michael Saylor hints he will continue to increase his Bitcoin holdings.

Event Details:

1inch and Binance Withdrawals: The 1inch team withdrew an additional 7.56 million 1INCH tokens from Binance, valued at $1.37 million. This brings the team's total holdings to 119 million tokens, worth $21.74 million.

North Korean Agent Infiltration: A report reveals that 15% to 20% of crypto companies have been infiltrated by North Korean agents. These agents seek to exploit remote work opportunities, especially in developing countries, to mask their identities.

pump.fun and USDC Transfers: pump.fun transferred 405 million USDC to Kraken, potentially linked to cash outflows. These funds were raised from a private sale of PUMP tokens in June.

Whale Movements: A whale purchased 4022 ETH, valued at $11.19 million, and opened leveraged long positions on both ETH and BCH.

Port3 Updates: Port3 is initiating a token migration plan and compensating users affected by a recent hack, burning over 160 million tokens to ensure the total supply remains constant.

Monad Warnings: Monad warns against fake Meme coins and NFTs associated with its pet, Anago.

Aster Compensations: Aster will compensate users affected by a gold price feed error.

US Government Disbands Office of Efficiency: The US Government's Office of Efficiency (DOGE), created by President Trump to cut government size, has been disbanded.

Rumble Supports BTC, XAUT, and USDT Tipping: Rumble now supports BTC, XAUT, and USDT tipping for content creators.

Token Unlocks: XPL, WCT, SAHARA, and JUP are set to undergo significant token unlocks in the coming days.

US Treasury Secretary: The US Treasury Secretary estimates the government shutdown cost $11 billion in GDP.

Michael Saylor: Michael Saylor hints that he will continue to increase his Bitcoin holdings.


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