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DOJ prosecutor used misattributed quote to show Tornado Cash team's 'consciousness of guilt'
DOJ prosecutor used misattributed quote to show Tornado Cash team's 'consciousness of guilt'

Quick Take SDNY prosecutors, in a pretrial hearing for its case against Tornado Cash developer Roman Storm, claimed Tornado Cash developer Alexey Pertsev asked about laundering $600 million of stolen crypto in a Telegram message following the Axie Infinity hack. However, filings from the defense reveal the message was originally written by a CoinDesk reporter, then forwarded to a Tornado Cash chat by Pertsev. Storm’s defense is arguing that evidence from Pertsev’s Telegram chats should be thrown out, and h

The Block·2025/07/12 16:00
Double Blow: US Hits DPRK Cyber Ops, Charges OmegaPro Founders in Global Scam
Double Blow: US Hits DPRK Cyber Ops, Charges OmegaPro Founders in Global Scam

OFAC sanctioned a DPRK hacker funding Pyongyang’s regime while DOJ charged OmegaPro founders in a $650 million crypto investment scam.

Cryptopotato·2025/07/12 16:00
SharpLink Gaming adds nearly $49 million worth of ETH to corporate treasury: Arkham
SharpLink Gaming adds nearly $49 million worth of ETH to corporate treasury: Arkham

Quick Take Joseph Lubin-led SharpLink Gaming added 16,374 ETH to its corporate treasury on Sunday, according to Arkham data. This purchase brings the company’s unofficial total holdings to nearly 270,000 ETH, EmberCN said.

The Block·2025/07/12 16:00
Over 10K Wallet Purchased $44K Worth of PUMP on Average
Over 10K Wallet Purchased $44K Worth of PUMP on Average

Almost 14,000 KYC wallets that entered the race for the PUMP token were unsuccessful; however, the presale still experienced a significant surge.

Coinspeaker·2025/07/12 16:00
Flash
  • 16:22
    Canada to Lift Many Retaliatory Tariffs on the US, Extending an Olive Branch to Trump
    According to ChainCatcher, citing relevant media reports, Canada will lift the retaliatory tariffs imposed on numerous American products that comply with the existing North American trade agreement, aiming to ease tensions with the White House. Canadian Prime Minister Mark Carney is expected to announce this decision on Friday after a cabinet meeting. According to sources familiar with the matter who requested anonymity, the government will adjust its tariff policy to better align with U.S. measures. This means that as long as they meet the provisions of the USMCA, many American consumer goods will no longer face a 25% tariff when exported to Canada. However, the Canadian government may maintain the 25% import tariff on U.S. steel and aluminum products, as well as tariffs on American automobiles. U.S. President Trump has already imposed tariffs on these industries.
  • 16:07
    Bitcoin OG Sells 300 BTC for ETH Again, Gains $84 Million in Three Days
    According to a report by Jinse Finance, Lookonchain monitoring shows that a Bitcoin OG recently deposited another 300 BTC (approximately $34.78 million) on the Hyperliquid platform for selling and purchasing ETH. Over the past three days, this user has achieved an unrealized profit of $84 million: holding a long position of 135,265 ETH (worth about $581 million) with an average entry price of $4,295, resulting in an unrealized gain of $49 million; and spot-purchasing 100,979 ETH (worth about $435 million) at an average price of $4,309, with an unrealized gain of $35 million.
  • 16:06
    Data: Ancient Bitcoin Whale Deposits Another 300 BTC, May Continue Swapping for ETH
    According to ChainCatcher, as monitored by Lookonchain, an ancient Bitcoin whale has just deposited another 300 BTC (worth $34.78 million) into Hyperliquid, possibly to rotate into ETH. In just three days, this whale has gained $84 million in unrealized profits: Holding a long position of 135,265 ETH ($581 million) with an average entry price of $4,295, resulting in an unrealized profit of $49 million. Purchased 100,979 ETH ($435 million) in spot at an average price of $4,309, with an unrealized profit of $35 million.
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