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Aerodrome Suspends Two Over Insider Trading

🚨 Aerodrome Suspends Two for Insider Trading in VVV Launch
Insider Trading Flagged in 30 Minutes: Aerodrome Finance suspended two contributors for alleged insider trading during Venice’s VVV token launch on January 27, 2025. Its internal system flagged suspicious trades within 30 minutes, triggering an investigation.
Swift Action Taken by Aerodrome: Within three hours of the VVV launch, Aerodrome suspended the two contributors. Venice’s founder, Erik Voorhees, praised Aerodrome’s transparency, saying they informed him immediately and handled the issue well.
Investigation Ongoing, VVV Price Dips: Aerodrome stated the investigation is still ongoing, and further actions may follow. After news of the suspensions broke, the VVV token price dropped significantly as traders reacted to the controversy. Read More.
️ On today's Top Picks:
- 🌪️ Paradigm donates $1.25M to Tornado Cash Co-founder.
- 🚀 Movement launches Developer Mainnet.
- 🏦 US Federal Reserve leaves interest rates unchanged.
- 💰 D3 Global raises $25M in funding led by Paradigm.
Read time: ⏰ 5 minutes
Crypto News
• ⭐️ Aerodrome $AERO suspends two contributors for their trading activity around the Venice $VVV launch; internal investigation ongoing.
• Cboe BZX files again for Solana $SOL ETF; filings include Canary Solana Trust, Bitwise Solana ETF, 21Shares Core Solana ETF, and VanEck Solana Trust.
• Pump[.]fun deposits 188K Solana $SOL worth ~$42M to Kraken; Pump[.]fun has deposited a total of ~881K SOL worth ~$182M into Kraken in 2025.
• France investigates Binance $BNB over alleged money laundering, tax fraud, drug trafficking, & other charges; Binance fully denies the allegations.
• Bitwise files S-1 registration with US SEC for Dogecoin $DOGE ETF; Osprey Funds and Rex Shares have also previously submitted applications for a Dogecoin ETF.
• Cardano $ADA launches Plomin Hard Fork; enables ADA token holders to vote on treasury measures and hard forks.
• ⭐️ Paradigm donates $1.25M to Tornado Cash $TORN Co-founder Roman Storm’s legal defense; Paradigm Co-founder Matt Huang says "We must stand with Roman Storm".
• Andre Cronje reveals he resigned from DeFi in 2022 because the US SEC sent multiple investigative letters beginning in 2021.
• Spanish, Cypriot, & German Authorities dismantle $100M crypto money laundering ring; $28M of crypto frozen, $8m in cash seized, & 23 suspects arrested.
Alpha
• ⭐️ Movement launches Developer Mainnet; select teams can now deploy apps; Public Mainnet Beta to launch soon.
• Soneium launches Soneium Conquest campaign on Galxe; complete quests over four weeks to explore the Soneium ecosystem.
• Corn launches Harvester Vaults Pre-TGE Incentive Program; deposit into vaults to earn $CORN.
• Kinto posts "Announcement Drops in 24h" on X; Kinto TGE & airdrop to potentially launch soon.
• Symbiotic launches on Ethereum mainnet; deposit into vaults to earn Symbiotic Points.
• Quick Updates by Alpha Drops.
Airdrops
• Resolv Airdrop Strategy by Earndrop.
• ICYMI Weekly Airdrop Recap by Earndrop.
• ICYMI Abstract Airdrop Strategy by Earndrop.
• ICYMI Venice launches $VVV airdrop claim; Venice users, various AI token holders, & more are eligible.
• ICYMI Animecoin launches $ANIME airdrop claim; Azuki community members, Hyperliquid $HYPE stakers, Arbitrum community members & more are eligible; claim ends on March 9th.
• ICYMI Jupiter launches $JUP Jupuary airdrop; traders, stakers, & voters are eligible.
Finance News
• ⭐️ US Federal Reserve leaves interest rates unchanged at 4.25% - 4.50%; many economists see first cut in June.
• US Federal Reserve Chair Jerome Powell says banks can serve crypto customers as long as they can manage the risk.
• Coinbase $COIN adds President Trump's 2024 co-campaign manager Chris LaCivita to its Global Advisory Council; also adds Kyrsten Sinema, Bill Dudley, & Luis Alberto Moreno.
• Czech National Bank (CNB) considers $7B Bitcoin Reserve; CNB Governor Aleš Michl to present proposal on Thursday.
• MetaPlanet to issue 21M stock options to raises ~$745M; to use proceeds to buy more Bitcoin $BTC.
• Trump Media & Technology Group $DJT to launch financial services platform & FinTech brand Truth[.]Fi; to invest $250M into SMAs, ETFs, & crypto.
• Hive Digital $HIVE buys Bitfarms $BITF 200 MW Paraguay Bitcoin mine for $56M; targets 25 EH/s by September.
• HSBC to wind down its M&A and equities businesses in Europe, Britain, and the Americas; to focus on Asia and Middle East.
• Robinhood $HOOD launches futures trading; new service allows users to trade futures for Bitcoin, oil, gold, S&P 500, USD, & EUR.
• X partners with Visa $V to offer direct payment solutions; allows for instant funding via Visa Direct, debit card support for P2P payments, & more.
Security and Exploits
• Security Researchers disclose side-channel vulnerabilities in modern Apple processors; could lead to sensitive information from web browsers being stolen.
• ICYMI Apple releases security update patching zero-day vulnerability; flaw is being actively exploited in the wild.
Token Unlocks
• Optimism $OP / ~$46M / JAN 31st
• Sui $SUI / ~$245M / FEB 01st
• ZetaChain $ZETA / ~$19M / FEB 01st
Sourced from Tokenomist
Funding
• ⭐️ D3 Global raises $25M in funding led by Paradigm.
• Sign raises $16M in Series A funding led by YZi Labs (formerly Binance Labs).
• Cryptio raises $15M in Extended Series A led by Alven.
• Pod raises $10M in Seed funding led by a16z CSX & 1kx.
• Analog raises $5M in funding from several investors.
• Mevvy raises $2.8M in Seed funding round led by Multicoin Capital.
• Canopy raises $1.2M in funding led by Mechanism Capital & CitizenX.
• Based raises $420K in Pre-Seed funding led by dlab.
• Project Untitled raises an undisclosed amount in funding from Punk Ventures.
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PROTOCOL | ASSETS | APY |
---|---|---|
![]() | USDC | 36.93% |
![]() | IUSD | 35.88% |
![]() | USDCUSDY | 34.21% |
![]() | MIMUSDT | 33.75% |
![]() | SUSDEUSDT | 32.64% |
![]() | NUSDC | 28.15% |
![]() | WSTUSR | 25.25% |
![]() | SUIUSDT | 23.38% |
🟡 Movement: Bringing Move to Ethereum and beyond. | ![]() |
Movement: Movement Labs is building a network of Move-based blockchains including the Movement Network. Movement Network is a community-first blockchain providing the highest possible TPS through Move, instant finality, native day-zero access to mass liquidity, and modular customizations.
🪂Movedrop: Movement recently launched MoveDrop, allocating 1 Billion $MOVE to the community. The window to claim is still open but only until Movement Public Mainnet goes live. Not eligible? Don't worry—40 Billion $MOVE is allocated for future ecosystem initiatives!
Mainnet: Developer Mainnet is officially live! Select teams can now deploy apps on Movement Network with access to core infrastructure deployment, technical documentation, developer resources, and more. Public Mainnet Beta is next, enabling full permissionless app deployment and user onboarding—coming soon!
That’s it for today’s edition! See you soon.
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