$243M Bitcoin Heist Uncovered By ZachXBT

️ On today's Top Picks:

Crypto News

• ⭐️ ZachXBT uncovers sophisticated attack targeting a Genesis creditor for $243m of crypto.

• ⭐️ MicroStrategy acquires 7,420k Bitcoin $BTC for ~$458.2m; now holds 252,220 Bitcoin worth ~$16b.

• Consensys lawsuit against SEC & SEC Chair Gary Gensler dismissed.

• ⭐️ Jump Crypto's Frankendancer validator client launches on Solana $SOL Mainnet; a prelude to Firedancer which is live on Testnet.

• Solana $SOL Mobile unveils Solana Seeker, the successor to the Solana Saga crypto phone.

• Mirana Ventures, MEXC Ventures, & Foresight Ventures joint launch fund to support Aptos $APT ecosystem projects.

• Dues X Capital launches DeFi business Solstice Labs; first protocol to be built on Solana $SOL & released in early 2025.

• German Authorities shut down 47 cryptocurrency exchanges suspected of being involved in criminal activities.

Alpha

• Puffer launches Puffer Power campaign on Galxe.

• PumpBTC announces integration with Build On Bitcoin (BOB).

• Reown (previously Wallet Connect) launches on Guild.

• Infinex launches Bullrun card game; participants automatically earn a Patron Ticket.

• ICYMI Morph Testnet Airdrop by Earndrop.

• ICYMI Earndrop X Jumper Galxe campaign ends; Earndrop Prime raffled to 100 winners.

• ICYMI Introducing Hinkal by mystri.

• Early Exploration Of The BTC LRT Landscape by IOSG Ventures.

Airdrops

• Weekly Airdrops Recap by Earndrop.

• ⭐️ LayerZero reallocates unclaimed $ZRO; eligible users can claim now.

• Swell launches EigenLayer $EIGEN Season 2 StakeDrop eligibility & allocation checker; claims open in next few days.

• EtherFi launches EigenLayer $EIGEN Season 2 StakeDrop eligibility & allocation checker; claims open September 21st.

• Renzo launches EigenLayer $EIGEN Season 2 StakeDrop claims.

• Aleo launches $ALEO incentives distribution for Aleo Ambassadors.

• Phaver launches $SOCIAL Season 1 & Season 2 Phairdrop eligibility & allocation checker.

• ICYMI WalletConnect introduces Connect Token $WCT; airdrop details coming soon.

Finance News

• MicroStrategy $MSTR raises $1.01b to buy more Bitcoin & buyback debt.

• Hut 8 $HUT expands Bitmain partnership with launch of next-generation ASIC miner.

• Two Sigma hedge fund in settlement talks with US SEC for ~$100m over trading scandal.

• Macquarie Group settles with US SEC for ~$80m over overvaluing collateralized mortgage obligations.

• ICYMI US Federal Reserve cuts interest rates by 50bps; first rate cut since March 2020.

Security and Exploits

• ⭐️ BingX exploited for ~$52m; withdrawals & deposits temporarily delayed; BingX to compensate users.

• Banana Gun confirms their back-end is NOT compromised; bot remains offline as team investigates root cause behind several wallet drains.

• Bubblemaps alleges all tokens launches on IDO SOL were rugs.

• Tor Project reassures users amid claims of de-anonymization attack.

• GitLab patches authentication bypass vulnerability affecting both Community Edition (CE) and Enterprise Edition (EE).

Token Unlocks

• ApeCoin / 15.6m $APE / ~$11m / SEP 17
• Echelon Prime / 750k $PRIME / ~$6m / SEP 17
• Pixels / 54.38m $PIXEL / ~$8m / SEP 19
• Lista DAO / 24.68m $LISTA / ~$9m / SEP 20
• SPACE ID / 78.49m $ID / ~$28m / SEP 22
• Galxe / 586.67k $GAL / ~$1m / SEP 22
• Ethena / 14.89m $ENA / ~$4m / SEP 22

Funding

• Drift raises $25m in Series B funding led by Multicoin Capital.

• Helius raises $21.75m in funding led by Huan Ventures & Founders Fund.

• TrueX raises $9m in Seed funding.

• octra raises $4m in Pre-Seed funding led by Finality Capital Partners.

• Bool Network raises $2m in Seed funding.

• Sorted raises $1.5m in Pre-Seed funding from Tether.

• Chaos Labs raises an undisclosed amount in funding from Paypal Ventures.

• Blend raises an undisclosed amount in Seed funding.

The Degen Farmer