It’s All About Crypto Blog
Insiders, hackers, or both? The strange case of WLFI freezes
World Liberty Financial reported that it has frozen 50 WLFI token addresses at the request of the address owners, who claimed their wallets had been compromised. Now imagine this situation happened to you. If your address was compromised, what would you do: quickly move all your funds somewhere else (even to a CEX, just to keep the hacker from getting them), or reach out...
Why Trading Against James Wynn Could Be Dangerous
James Wynn is a name familiar to many crypto enthusiasts. He's a trader who regularly takes massive positions on the on-chain platform Hyperliquid. But what he's truly famous for are his liquidations - they happen almost every single day. I actually think he's an incredibly talented trader. No one else seems to nail the wrong direction of the market so consistently. I once saw...
Why SHIB Burns Don’t Always Mean Price Pumps
Over the past 24 hours, SHIB’s burn rate has spiked sharply. On shibburn.com you can check the chart and see the exact numbers - more than 5 million SHIB burned in just one day. Does this mean the price of SHIB is about to rally? After all, that’s the whole point of burning tokens, right? Not necessarily. Here’s why. If the burned tokens...
Another M2 Record, BTC to Follow?
Global money supply (M2) has hit another all-time high. Remember when I wrote about it last time? I pointed out that Bitcoin’s price chart tends to follow M2 with about a 10-week delay. Back then I said that if the pattern held, July could bring a new Bitcoin all-time high. And that’s exactly what happened! In July, we did see Bitcoin set a fresh record...
Another token, another trap: CRO edition
Remember my post yesterday about how WLFI suddenly released five times more tokens into circulation than everyone expected? That move crashed the pre-market price, and those who lost money see it as a straight-up scam. Well, I’ve got another story for you that feels eerily similar. Take a look at CRO. Over the past few days, the price tanked by a third: from nearly $0.38...
WLFI vesting schedule: written in pencil, not code
Today WLFI hit the open market. Everyone expected 5% of the total supply to be released, as originally announced. And then - in true Trump fashion - just half an hour before the event, the team announced that not 5%, but 25% would be circulating right away! They explained that they had received many questions about the circulating supply. Honestly, I doubt anyone...
Why Do Crypto Companies Buy Back Their Own Tokens?
This week, Hyperliquid announced that it will now direct 99% of its revenue toward buying HYPE tokens on the open market. When I first heard this, one question immediately came to mind: why would they do that? I asked around in a few Hyperliquid community chats, and the answers I got were all over the place: * to reward users, * to...
Tether’s Last-Minute Twist: Old-Chain USDT Lives On
Just two days before officially ending support for Omni, Bitcoin Cash SLP, Kusama, Vaulta, and Algorand, Tether made a surprising announcement. It confirmed that existing USDT on these networks will not be frozen. * You’ll still be able to hold them. * You’ll still be able to transfer them between addresses. * You’ll still be able to exchange them with others (if someone wants to trade). *...
Money Laundering Myths: Banks Outpace Crypto by Billions
Another reminder that crypto is far less risky as a tool for money laundering than fiat currencies flowing through banks. According to FinCEN, over the past five years U.S. banks processed $312 billion in cartel money from Mexico, funneled through Chinese laundering networks. And during those very same years, according to Chainalysis, the total volume of illicit transactions...
USDT Arrives on RGB – But Only Halfway
Tether has announced the launch of USDT on Bitcoin using RGB technology. The very first tokens have already been bridged over from Ethereum. I’ve written about RGB before: it’s one of the approaches that bring advanced smart contract functionality to Bitcoin. Its closest rival is Taproot Assets by Lightning Labs. For a long time, many observers said that whichever...
