🤖 AI-hacker CRAFTY FALCON is draining exchange wallets while India's CERT-In yells fire and nobody listens
India's CERT-In is warning that CRAFTY FALCON, an AI-assisted financial threat actor, is going after banks, fintechs, payment providers and crypto exchanges to steal wallet keys and siphon funds. NBFCs and fintech firms have already reported successful hits. It kept going after earlier warnings, because these guys keep coming back to whoever patched halfway. A half-done patch is just a welcome mat.
▪️ Targets get scanned by machine intelligence and hit at machine speed. Nobody's clicking through this by hand, so your 'we'll look into it Monday' plan is dead on arrival.
▪️ Timing is the trick: holidays, weekends, the low-monitoring windows when the SOC is asleep. Detection and response show up late, when the money's already gone.
▪️ Repeat customers: the actor deliberately re-hits entities that already got restricted advisories where remediation was incomplete. A loyalty program for hackers, basically.
▪️ Entry points are internet-exposed testing and staging environments. Reverse-engineered app codebases give tailored exploits, and modified app packages make unauthorized API calls.
▪️ Cloud abuse: AWS Systems Manager and Lambda run commands and deploy malicious files inside the victim's infrastructure. Your own cloud tools, working for the other side.
▪️ IP allow-listing gets bypassed through whitelisted third-party fetcher IP pools. The whitelist is the door.
📊 Test transaction:
💬 «AI tools can now find vulnerabilities faster than teams can patch them, which is why we've seen a string of major incidents in recent months.» — Bernardo Brites
🔮Which exchange is still running a staging server nobody remembers to shut off?
@holder_finance
India's CERT-In is warning that CRAFTY FALCON, an AI-assisted financial threat actor, is going after banks, fintechs, payment providers and crypto exchanges to steal wallet keys and siphon funds. NBFCs and fintech firms have already reported successful hits. It kept going after earlier warnings, because these guys keep coming back to whoever patched halfway. A half-done patch is just a welcome mat.
▪️ Targets get scanned by machine intelligence and hit at machine speed. Nobody's clicking through this by hand, so your 'we'll look into it Monday' plan is dead on arrival.
▪️ Timing is the trick: holidays, weekends, the low-monitoring windows when the SOC is asleep. Detection and response show up late, when the money's already gone.
▪️ Repeat customers: the actor deliberately re-hits entities that already got restricted advisories where remediation was incomplete. A loyalty program for hackers, basically.
▪️ Entry points are internet-exposed testing and staging environments. Reverse-engineered app codebases give tailored exploits, and modified app packages make unauthorized API calls.
▪️ Cloud abuse: AWS Systems Manager and Lambda run commands and deploy malicious files inside the victim's infrastructure. Your own cloud tools, working for the other side.
▪️ IP allow-listing gets bypassed through whitelisted third-party fetcher IP pools. The whitelist is the door.
📊 Test transaction:
1 INR (~$0.011)If your coins sit on an exchange, a fintech wallet or a payment app, the weak spot isn't your password. It's the operator's forgotten staging box and its payout API. CERT-In already warned these firms once, and the campaign rolled on anyway. So those 'we fixed it' press releases are worth exactly as much as the patch levels behind them. Expect more re-hits on the ones that patched halfway.
💬 «AI tools can now find vulnerabilities faster than teams can patch them, which is why we've seen a string of major incidents in recent months.» — Bernardo Brites
🔮
@holder_finance
📉 BTC −6% to $75.6K, ETH −8%: the crowd is scared and only stablecoins are smiling
Bitcoin is down 5.97% to $75,648.87, Ether is down 8.07% to $2,227.81 over 24 hours. The gainers board is a parking lot of stablecoins sitting at 0.0–0.1%. The only real green is INJ, and that's it.
▪️ INJ +3.0% on $24M volume is the only green that actually moved. U, RLUSD, USDC and USD1 are flat stables. Their volume is money parked in the lot, not buyers. Don't mistake a parking lot for a rally.
▪️ The real bloodbath is in the losers: SOXLB −25.4% on $107M, KORUB −25.0% on $22M, SNDKB −14.0% on $98M. These look like tokenized wrappers, so before you average down, check what you actually own.
▪️ MUB −10.6% and MSTRB −10.3% close out the bottom five. Nothing in the sources explains either move, so I'd treat it as sell-side flow until someone proves otherwise.
▪️ Polygon: Binance and Polymarket are pushing a proposed hard fork to recover $6.8M in stolen crypto. Block producers have already frozen the tokens, so the fork is the whole game from here.
▪️ Tendril: a flaw in the sell hook of its custom token logic let attackers drain roughly $555K in USDT. Custom DeFi token code keeps getting people robbed, and it's never the flashy protocol that gets…
▪️ Loopscale: the DeFi lender paused operations after a sustained attack on its Genesis Vaults. Amount lost and outcome are not disclosed yet, which in this business usually means the number is ugly and…
📊 Short squeeze on the Nov. 4 rally:
🔮The Nov. 4 short squeeze is already dead. So who's holding the bag now, the shorts or the longs?
@holder_finance
Bitcoin is down 5.97% to $75,648.87, Ether is down 8.07% to $2,227.81 over 24 hours. The gainers board is a parking lot of stablecoins sitting at 0.0–0.1%. The only real green is INJ, and that's it.
▪️ INJ +3.0% on $24M volume is the only green that actually moved. U, RLUSD, USDC and USD1 are flat stables. Their volume is money parked in the lot, not buyers. Don't mistake a parking lot for a rally.
▪️ The real bloodbath is in the losers: SOXLB −25.4% on $107M, KORUB −25.0% on $22M, SNDKB −14.0% on $98M. These look like tokenized wrappers, so before you average down, check what you actually own.
▪️ MUB −10.6% and MSTRB −10.3% close out the bottom five. Nothing in the sources explains either move, so I'd treat it as sell-side flow until someone proves otherwise.
▪️ Polygon: Binance and Polymarket are pushing a proposed hard fork to recover $6.8M in stolen crypto. Block producers have already frozen the tokens, so the fork is the whole game from here.
▪️ Tendril: a flaw in the sell hook of its custom token logic let attackers drain roughly $555K in USDT. Custom DeFi token code keeps getting people robbed, and it's never the flashy protocol that gets…
▪️ Loopscale: the DeFi lender paused operations after a sustained attack on its Genesis Vaults. Amount lost and outcome are not disclosed yet, which in this business usually means the number is ugly and…
📊 Short squeeze on the Nov. 4 rally:
$378MFear means the crowd is spooked, not washed out. Yesterday it was neutral, so this is the zone where weak bounces get sold into and dips get bought by whoever still has nerves. BTC and ETH are both down 6–8%. Today is about protecting your size, not chasing green stablecoin lines like they're a signal.
🔮
@holder_finance
🚨 $6.3B walked out of Binance hot wallets. Record heist, North Korea is the suspect
Someone drained Binance's hot-wallet infrastructure for $6.3B, the biggest theft in crypto industry history. Per TRM Labs, most of it was gone in about 20 minutes. Reports link the job to North Korea, which reportedly rewards its top hackers with apartments in Pyongyang. Now that's a retention plan.
▪️ The target was hot-wallet infrastructure, the internet-connected layer exchanges use to process withdrawals. Nobody in the sources says how they got in. Convenient.
▪️ Attribution is still a report, not a verdict. Cryptobriefing calls the Binance heist 'alleged' and files the reward story under 'reports'. Read that twice before you repost it.
▪️ Binance CEO Richard Teng says the 'vast majority' of user assets sit in cold wallets. Binance has not published the exact cold/hot split. 'Vast majority' is a vibe, not a number.
▪️ Binance restored withdrawals and covered the damage through its SAFU fund and its own reserves. Prices sold off first, then rebounded more than expected.
▪️ Rivals went straight into PR mode. Gate launched a 'Proof of Security' framework claiming its cold storage could cover 104.58% of customer assets even if hot wallets were fully drained, pending…
▪️ Offline isn't a magic shield. Hong Kong's SFC warned in an August 2025 circular that compromised signing systems, weak access controls or staff approving fraudulent transactions can hit cold wallets…
📊 Coinbase cold storage:
📊 Gate cold storage:
📊 Upbit cold storage (Sept 2026):
📊 Bithumb cold storage (end Sept):
💬 «the 'vast majority' of user assets are held in cold wallets» — Richard Teng
🔮Everyone's flexing cold-storage pie charts this week. Nobody's showing who holds the signing keys.
@holder_finance
Someone drained Binance's hot-wallet infrastructure for $6.3B, the biggest theft in crypto industry history. Per TRM Labs, most of it was gone in about 20 minutes. Reports link the job to North Korea, which reportedly rewards its top hackers with apartments in Pyongyang. Now that's a retention plan.
▪️ The target was hot-wallet infrastructure, the internet-connected layer exchanges use to process withdrawals. Nobody in the sources says how they got in. Convenient.
▪️ Attribution is still a report, not a verdict. Cryptobriefing calls the Binance heist 'alleged' and files the reward story under 'reports'. Read that twice before you repost it.
▪️ Binance CEO Richard Teng says the 'vast majority' of user assets sit in cold wallets. Binance has not published the exact cold/hot split. 'Vast majority' is a vibe, not a number.
▪️ Binance restored withdrawals and covered the damage through its SAFU fund and its own reserves. Prices sold off first, then rebounded more than expected.
▪️ Rivals went straight into PR mode. Gate launched a 'Proof of Security' framework claiming its cold storage could cover 104.58% of customer assets even if hot wallets were fully drained, pending…
▪️ Offline isn't a magic shield. Hong Kong's SFC warned in an August 2025 circular that compromised signing systems, weak access controls or staff approving fraudulent transactions can hit cold wallets…
📊 Coinbase cold storage:
more than 99%📊 Gate cold storage:
88.26%📊 Upbit cold storage (Sept 2026):
99.17%📊 Bithumb cold storage (end Sept):
94.76%Binance says it covered the damage and the market bounced, so the panic phase is over. Now comes the real question: the biggest exchange still hasn't disclosed its cold/hot split, and everyone else is posting pie charts to look safe. US regulators are checking banks after the hack, so expect more heat on custody and hot-wallet exposure. Pie charts don't stop heists, and the fireworks aren't over.
💬 «the 'vast majority' of user assets are held in cold wallets» — Richard Teng
🔮
@holder_finance
🐋 Whale goes 25x long on ETH into the dip, 10 for 10 so far. Cool story, now who's holding the bag?
Some whale just dropped a $45.3M long on Ethereum at 25x while the coin was bleeding, according to Lookonchain. ETH shed 7% in 24 hours, nearly tagged $2,200 on November 6, then crawled back to about $2,240 per CoinGecko. Ten trades, ten winners, and the chat is already whispering about inside info. Sure it is.
▪️ Timeline: ETH slid 7% over 24 hours, touched almost $2,200 on November 6, then climbed back to $2,240 by the time of writing. Classic dip-buyer theater.
▪️ The position: a $45.3M long at 25x. At that leverage, the margin on the line is roughly $1.8M. Nobody sizes like that by accident.
▪️ At 25x, a move of about 4% against the position eats the collateral. That's not a relaxed hold, that's a knife-edge trade. One candle and it's gone.
▪️ The track record: 10 trades so far, all successful. The person or entity behind the wallet is still unidentified, which is exactly how you want your legend to look.
▪️ The chart crowd: Daan Crypto Trades flags the 0.618 Fibonacci retracement and the daily 200MA, with $2,350 as the line that confirms strength. Lose it and a deeper correction could come calling.
▪️ The hype: ZAYRO says ETH spent nearly 1,800 days building its next base and is eyeing five-figure territory.
📊 Trades won:
📊 24h drop:
📊 Key level:
📊 Base duration:
💬 «Big weeks are upon us,» — Michael van de Poppe
🔮Ten wins out of ten: genius, or someone who knows exactly when the retail crowd will be buying?
@holder_finance
Some whale just dropped a $45.3M long on Ethereum at 25x while the coin was bleeding, according to Lookonchain. ETH shed 7% in 24 hours, nearly tagged $2,200 on November 6, then crawled back to about $2,240 per CoinGecko. Ten trades, ten winners, and the chat is already whispering about inside info. Sure it is.
▪️ Timeline: ETH slid 7% over 24 hours, touched almost $2,200 on November 6, then climbed back to $2,240 by the time of writing. Classic dip-buyer theater.
▪️ The position: a $45.3M long at 25x. At that leverage, the margin on the line is roughly $1.8M. Nobody sizes like that by accident.
▪️ At 25x, a move of about 4% against the position eats the collateral. That's not a relaxed hold, that's a knife-edge trade. One candle and it's gone.
▪️ The track record: 10 trades so far, all successful. The person or entity behind the wallet is still unidentified, which is exactly how you want your legend to look.
▪️ The chart crowd: Daan Crypto Trades flags the 0.618 Fibonacci retracement and the daily 200MA, with $2,350 as the line that confirms strength. Lose it and a deeper correction could come calling.
▪️ The hype: ZAYRO says ETH spent nearly 1,800 days building its next base and is eyeing five-figure territory.
📊 Trades won:
10 of 10📊 24h drop:
7%📊 Key level:
$2,350📊 Base duration:
~1,800 daysIf you're the one hunting this whale's footsteps, you're the exit liquidity. A wallet with a perfect streak at 25x gets copied by everyone with a phone, and that crowd is what the whale eventually sells into. The $2,350 level and the 200MA are the bulls' tripwire, and a 4% wick against a 25x position is all it takes to get wiped while the analysts keep posting monthly charts.
💬 «Big weeks are upon us,» — Michael van de Poppe
🔮
@holder_finance
Morning digest: majors napping, ONE pumped 75%, Fear & Greed stuck in extreme fear
BTC sits at $75,923.01 (+0.43% in 24h) and ETH at $2,246.87 (+0.92%). The majors are basically watching paint dry after a rough stretch. The real action is in a few small names and the fallout from the Binance hack, plus some whale's leveraged ETH bet.
▪️ ONE +75.5% in 24h on just $26M volume. Thin liquidity and a vertical candle is the classic pump setup. Before you chase, check who is selling into it. Spoiler: somebody is.
▪️ SPCXB +6.4% on $45M volume. Looks more honest than ONE because real money is behind it, not a ghost candle.
▪️ ZEC +3.2% on $235M, the biggest turnover among the gainers. Those are actual buyers, not one wallet with a hobby.
▪️ XRP -3.6% on $133M, the worst major loser. Heavy volume on the way down is distribution, not just drift. Someone is unloading while you read the headline.
▪️ Binance hack reported at $6.3B, the largest in crypto history, reportedly linked to North Korea. Withdrawals are back, losses were covered by the SAFU fund and own reserves, and the market bounced.
▪️ Reports say North Korea rewarded top hackers with Pyongyang apartments for the alleged heist. Coinbase and Gate answered by publicizing their cold storage ratios.
📊 Fear & Greed:
🔮Who is the bag holder when ONE dumps?
@holder_finance
BTC sits at $75,923.01 (+0.43% in 24h) and ETH at $2,246.87 (+0.92%). The majors are basically watching paint dry after a rough stretch. The real action is in a few small names and the fallout from the Binance hack, plus some whale's leveraged ETH bet.
▪️ ONE +75.5% in 24h on just $26M volume. Thin liquidity and a vertical candle is the classic pump setup. Before you chase, check who is selling into it. Spoiler: somebody is.
▪️ SPCXB +6.4% on $45M volume. Looks more honest than ONE because real money is behind it, not a ghost candle.
▪️ ZEC +3.2% on $235M, the biggest turnover among the gainers. Those are actual buyers, not one wallet with a hobby.
▪️ XRP -3.6% on $133M, the worst major loser. Heavy volume on the way down is distribution, not just drift. Someone is unloading while you read the headline.
▪️ Binance hack reported at $6.3B, the largest in crypto history, reportedly linked to North Korea. Withdrawals are back, losses were covered by the SAFU fund and own reserves, and the market bounced.
▪️ Reports say North Korea rewarded top hackers with Pyongyang apartments for the alleged heist. Coinbase and Gate answered by publicizing their cold storage ratios.
📊 Fear & Greed:
25 (Extreme Fear), yesterday 28Extreme fear means the crowd is already scared, and the next move usually belongs to whoever is still holding. A 25x long stacked near $2,200 means one fast flush below that level could trigger a liquidation cascade. Expect chop today and watch that level like it owes you money.
🔮
@holder_finance
🕵️ FBI's own guy ran seized crypto like a personal ATM
Ex-FBI counterintelligence agent Patrick Steven Yaroch from Ashburn, Virginia, just pleaded guilty to wire fraud and money laundering. He swiped $2.47M in crypto from wallets he reached through 35 federal investigations. About 100 unauthorized transfers. The first wave, around $1 million from a foreign intelligence target, was just the part that got caught first.
▪️ The real trick was the job. Boston Division from 2017 to early 2025 on an adversarial nation-state, then the Counterintelligence and Espionage Division, where wallet credentials from cases just sat…
▪️ Targets: criminal suspects' wallets, foreign adversaries, and at least one wallet the FBI built for an undercover op. The thefts started no later than December 2024.
▪️ Laundering: he swapped the coins into other cryptos and ran extra transactions to hide where they came from and who owned them. Classic washing, just with a federal badge.
▪️ Money trail: about $93,082 hit one of his accounts between Nov. 2025 and Jan. 2026, then went straight out to pay credit cards, car payments and other debts. Not a yacht. Just bills.
▪️ Exit plan: he asked ChatGPT where to live in the EU, got a vineyard in Portugal as the suggestion, and in June authorized Portuguese lawyers to get a tax ID. He booked a trip for September.
▪️ Collateral damage: disrupted probes into criminal organizations and hostile governments, exposed FBI intelligence techniques, compromised sources. Funds tied to Kraken and Suilend.
📊 Recovered so far:
📊 Max prison term:
📊 Sentencing date:
🔮If the guy guarding the seized wallets can drain them for a year, who audits the auditors?
@holder_finance
Ex-FBI counterintelligence agent Patrick Steven Yaroch from Ashburn, Virginia, just pleaded guilty to wire fraud and money laundering. He swiped $2.47M in crypto from wallets he reached through 35 federal investigations. About 100 unauthorized transfers. The first wave, around $1 million from a foreign intelligence target, was just the part that got caught first.
▪️ The real trick was the job. Boston Division from 2017 to early 2025 on an adversarial nation-state, then the Counterintelligence and Espionage Division, where wallet credentials from cases just sat…
▪️ Targets: criminal suspects' wallets, foreign adversaries, and at least one wallet the FBI built for an undercover op. The thefts started no later than December 2024.
▪️ Laundering: he swapped the coins into other cryptos and ran extra transactions to hide where they came from and who owned them. Classic washing, just with a federal badge.
▪️ Money trail: about $93,082 hit one of his accounts between Nov. 2025 and Jan. 2026, then went straight out to pay credit cards, car payments and other debts. Not a yacht. Just bills.
▪️ Exit plan: he asked ChatGPT where to live in the EU, got a vineyard in Portugal as the suggestion, and in June authorized Portuguese lawyers to get a tax ID. He booked a trip for September.
▪️ Collateral damage: disrupted probes into criminal organizations and hostile governments, exposed FBI intelligence techniques, compromised sources. Funds tied to Kraken and Suilend.
📊 Recovered so far:
$925,426📊 Max prison term:
20 years📊 Sentencing date:
March 4, 2027Nobody cracked the blockchain. The cop holding the keys was the exploit, and the chain of custody for seized coins is the weak spot. Precedent: ex-NCA officer Paul Chowles had to repay about $2.38M after lifting 50 bitcoin from the Silk Road 2.0 case, and got five and a half years. Judge Patricia Tolliver Giles sets the sentence, so the real number lands in March. Until then, the market will price this like a headline. Watch the reaction, not the drama.
🔮
@holder_finance
🟠 Strive: $509M Q3 profit, 15,124 more BTC in October, and most of that profit is just paper
Nasdaq-listed Bitcoin treasury company Strive posted $509M in Q3 GAAP net income in its November 6 results. It says it bought 8,136 BTC during the quarter and another 15,124 BTC between October 1 and October 30. These are the company's own numbers, not an independent check on the market, so take the victory lap with a grain of salt.
▪️ Funding: seven million SATS preferred shares, offering closed October 20, netted roughly $609M after underwriting costs. Sell preferred paper, buy coins.
▪️ Cash on hand: $490.4M as of October 30, plus a $50.1M fair-value stake in Strategy's STRC preferred shares.
▪️ The profit is accounting, not sales. Bitcoin price moves can print big GAAP gains with zero customer cash behind them.
▪️ Strive's own metrics: an 18.5% Bitcoin yield for Q3 and 63.2% year to date. Management-defined numbers, not dividends, not guaranteed returns, and the share denominator is doing a lot of the heavy…
▪️ Next on the menu: lending, brokerages, DeFi, reinsurance and tokenisation are under evaluation. Evaluating is not launching, and every one of them brings its own regulatory and counterparty risk.
📊 Q3 GAAP net income:
📊 BTC bought in Q3:
📊 BTC bought Oct 1-30:
📊 Preferred offering net proceeds:
🔮Who's really buying here: the Bitcoin, or the existing shareholders' dilution?
@holder_finance
Nasdaq-listed Bitcoin treasury company Strive posted $509M in Q3 GAAP net income in its November 6 results. It says it bought 8,136 BTC during the quarter and another 15,124 BTC between October 1 and October 30. These are the company's own numbers, not an independent check on the market, so take the victory lap with a grain of salt.
▪️ Funding: seven million SATS preferred shares, offering closed October 20, netted roughly $609M after underwriting costs. Sell preferred paper, buy coins.
▪️ Cash on hand: $490.4M as of October 30, plus a $50.1M fair-value stake in Strategy's STRC preferred shares.
▪️ The profit is accounting, not sales. Bitcoin price moves can print big GAAP gains with zero customer cash behind them.
▪️ Strive's own metrics: an 18.5% Bitcoin yield for Q3 and 63.2% year to date. Management-defined numbers, not dividends, not guaranteed returns, and the share denominator is doing a lot of the heavy…
▪️ Next on the menu: lending, brokerages, DeFi, reinsurance and tokenisation are under evaluation. Evaluating is not launching, and every one of them brings its own regulatory and counterparty risk.
📊 Q3 GAAP net income:
$509M📊 BTC bought in Q3:
8,136📊 BTC bought Oct 1-30:
15,124📊 Preferred offering net proceeds:
$609MRetail is staring at a headline built on a capital structure that's harder to read than a wallet balance. Preferred shares come with terms and obligations that plain Bitcoin doesn't have. Before anyone pops the champagne, check the updated fully diluted share count, the cost of the preferred financing, and the actual liquidity sitting next to the BTC position. A growing coin stack doesn't mean every existing shareholder's slice grew.
🔮
@holder_finance
BTC parked at $75,886 and nobody's excited. ZEC bleeds, Fear & Greed sulks at 28
BTC at $75,886.08, down 0.05% in 24h. ETH at $2,236.5, down 0.42%. Dead flat, which is exactly when the market likes to sell you something. The real action is in the alts and the headlines.
▪️ ZEC −4.3% on $126M volume. Biggest drop of the day. If you're holding it, check it first, not your horoscope.
▪️ Top gainers: XRP +0.7% on $61M and UNI +0.6% on $23M. A rounding error in a rally costume, lol.
▪️ Losers: NEAR −2.3% on $32M, ONE −2.0% on $44M, SOL −0.8% on $52M. Alts bleeding quietly and nobody's screaming. That's how you know the knives are already out.
▪️ Patrick Steven Yaroch, ex-FBI counterintelligence agent from Ashburn, Virginia, pleaded guilty to stealing nearly $2.5M in crypto across 35 cases, using credentials he got from federal…
▪️ Strive posted $509M Q3 GAAP net income and bought 8,136 BTC in the quarter, plus 15,124 more from Oct 1 to Oct 30. The filing credits financing structure and accounting gains, not just the chart.
▪️ A former Holograph Foundation employee got five years for an unauthorized mint of $14M worth of HLG tokens. Classic. The scariest seller in a token is sometimes the guy holding the admin keys.
📊 Fear & Greed index:
🔮Strive's $509M profit came partly from accounting, not just BTC price. Who's really getting paid here, the buyer or the bookkeeper?
@holder_finance
BTC at $75,886.08, down 0.05% in 24h. ETH at $2,236.5, down 0.42%. Dead flat, which is exactly when the market likes to sell you something. The real action is in the alts and the headlines.
▪️ ZEC −4.3% on $126M volume. Biggest drop of the day. If you're holding it, check it first, not your horoscope.
▪️ Top gainers: XRP +0.7% on $61M and UNI +0.6% on $23M. A rounding error in a rally costume, lol.
▪️ Losers: NEAR −2.3% on $32M, ONE −2.0% on $44M, SOL −0.8% on $52M. Alts bleeding quietly and nobody's screaming. That's how you know the knives are already out.
▪️ Patrick Steven Yaroch, ex-FBI counterintelligence agent from Ashburn, Virginia, pleaded guilty to stealing nearly $2.5M in crypto across 35 cases, using credentials he got from federal…
▪️ Strive posted $509M Q3 GAAP net income and bought 8,136 BTC in the quarter, plus 15,124 more from Oct 1 to Oct 30. The filing credits financing structure and accounting gains, not just the chart.
▪️ A former Holograph Foundation employee got five years for an unauthorized mint of $14M worth of HLG tokens. Classic. The scariest seller in a token is sometimes the guy holding the admin keys.
📊 Fear & Greed index:
28 (Fear), was 25Fear went from 25 to 28. The crowd's still hiding in the corner while the big boys do paperwork. ZEC dumping on heavy volume is the one to watch: heavy volume on a red day is where weak hands get shaken out and handed to whoever's been waiting. The Holograph case is the reminder that the real rug can come from inside the room.
🔮
@holder_finance
📉 BTC -1.6%, ETH -4.6%, $1B liquidated: the leverage bill came due
Bitcoin is at $74,660 (-1.61% in 24h) and Ethereum at $2,134 (-4.56%), and about $1 billion in crypto positions got liquidated on the way down. The official line blames high leverage and its cascade. Translation: the degens who borrowed to get cute got farmed. ONE leads the red list at -13.3%, and it did that on just $21M of volume. Nobody was shocked, right?
▪️ ETH took the heaviest flow of the majors: -4.6% on $537M volume. XRP -5.1% on $122M. Somebody was dumping the majors hard, and it wasn't your uncle buying the dip.
▪️ Red list tail: HYPE -3.7% ($30M), UNI -2.9% ($26M). Nothing here looks like a bounce yet. Don't marry a green candle.
▪️ Green side is small: PEPE +3.7% on $56M, XAUT +1.3% on $30M. The fat volume sat in stables: USDC $688M, USD1 $149M. That's where the smart money went to hide while retail kept catching knives.
▪️ Bitquery traced $6.01M in stolen funds to Keplr wallets created with Google and Apple social logins. Nobody cracked a seed phrase.
▪️ Three men charged in an alleged $129M AI voice-cloning fraud. A company trusted a voice on the phone and wired the money. Your voice is not a security system, folks.
▪️ Evan Luthra publicly described being kidnapped in Oxford and losing more than $2M in crypto. Physical robbery is the oldest exploit there is.
🔮Stables took $688M of USDC volume while BTC bled. Who's hiding in cash right now, and who's about to pounce?
@holder_finance
Bitcoin is at $74,660 (-1.61% in 24h) and Ethereum at $2,134 (-4.56%), and about $1 billion in crypto positions got liquidated on the way down. The official line blames high leverage and its cascade. Translation: the degens who borrowed to get cute got farmed. ONE leads the red list at -13.3%, and it did that on just $21M of volume. Nobody was shocked, right?
▪️ ETH took the heaviest flow of the majors: -4.6% on $537M volume. XRP -5.1% on $122M. Somebody was dumping the majors hard, and it wasn't your uncle buying the dip.
▪️ Red list tail: HYPE -3.7% ($30M), UNI -2.9% ($26M). Nothing here looks like a bounce yet. Don't marry a green candle.
▪️ Green side is small: PEPE +3.7% on $56M, XAUT +1.3% on $30M. The fat volume sat in stables: USDC $688M, USD1 $149M. That's where the smart money went to hide while retail kept catching knives.
▪️ Bitquery traced $6.01M in stolen funds to Keplr wallets created with Google and Apple social logins. Nobody cracked a seed phrase.
▪️ Three men charged in an alleged $129M AI voice-cloning fraud. A company trusted a voice on the phone and wired the money. Your voice is not a security system, folks.
▪️ Evan Luthra publicly described being kidnapped in Oxford and losing more than $2M in crypto. Physical robbery is the oldest exploit there is.
The leverage that got flushed today is already being rebuilt on the same levels, so expect more wicks before anyone calls a bottom. Fear & Greed sits at 29 (Fear), up from 28 yesterday: the crowd is scared and still sitting on its hands, which is the worst combo for a bounce. Scared crowds are exactly what the big players fish in, so trade the stop levels, not the headline.
🔮
@holder_finance
🔒 tBTC bridge half-alive, Aave's $120M tBTC reserve still on ice
Threshold dragged its tBTC bridge back online after a shutdown, but the $120M tBTC reserve on Aave is still frozen. No new deposits and no borrowing against it until the bridge proves it can mint and redeem again. 'Partially resumed' means the bridge isn't fully alive. Translation: nobody's popping champagne yet.
▪️ Oct. 30: Threshold halts the bridge so operators can patch a critical Linux kernel flaw that lets remote attackers execute code on unpatched servers. Yeah, the plumbing had a hole in it.
▪️ Threshold says it found no evidence the flaw was exploited against tBTC nodes. Trust the patch notes, not the vibes.
▪️ Sunday: the underlying network restarts as security-patched node operators reconnect. Those operators are the ones who authorize Bitcoin movements, so the guys holding the keys to the BTC are the…
▪️ Requests submitted before the shutdown get processed as more operators return. New deposits, minting and redemptions stay blocked until enough nodes are online.
▪️ No restart date announced. 'Partially resumed' means they'll tell you when they feel like it.
▪️ Oct. 31: Aave freezes its tBTC reserve on Ethereum Core to stop extra exposure. Existing users can still withdraw and repay, but new deposits and borrowing power are dead.
📊 Bridge downtime:
📊 BTC in bridge wallets:
📊 tBTC in circulation:
🔮Partial resume, no date, frozen reserve. Who's first to borrow against it when it thaws, and who's first to get burned?
@holder_finance
Threshold dragged its tBTC bridge back online after a shutdown, but the $120M tBTC reserve on Aave is still frozen. No new deposits and no borrowing against it until the bridge proves it can mint and redeem again. 'Partially resumed' means the bridge isn't fully alive. Translation: nobody's popping champagne yet.
▪️ Oct. 30: Threshold halts the bridge so operators can patch a critical Linux kernel flaw that lets remote attackers execute code on unpatched servers. Yeah, the plumbing had a hole in it.
▪️ Threshold says it found no evidence the flaw was exploited against tBTC nodes. Trust the patch notes, not the vibes.
▪️ Sunday: the underlying network restarts as security-patched node operators reconnect. Those operators are the ones who authorize Bitcoin movements, so the guys holding the keys to the BTC are the…
▪️ Requests submitted before the shutdown get processed as more operators return. New deposits, minting and redemptions stay blocked until enough nodes are online.
▪️ No restart date announced. 'Partially resumed' means they'll tell you when they feel like it.
▪️ Oct. 31: Aave freezes its tBTC reserve on Ethereum Core to stop extra exposure. Existing users can still withdraw and repay, but new deposits and borrowing power are dead.
📊 Bridge downtime:
9 days📊 BTC in bridge wallets:
4,320📊 tBTC in circulation:
4,185Holding tBTC or farming it on Aave? The freeze is the whole story: you can still pull out and repay, but no new deposits and no borrowing against it. Aave risk provider LlamaRisk says it'll propose restoring the reserve once Threshold's operations look normal, so the unfreeze is a governance vote away, not a done deal. Threshold was recently pitching an upgraded bridge to funnel $500B of institutional BTC into DeFi. Cute pitch. Hard to sell $500B of 'trust us' when your bridge couldn't stay online for nine days.
🔮
@holder_finance
🐋 Tom Lee's Bitmine buys $20M more ETH and is 99% to its 5% goal
Bitmine, the NYSE-listed shop chaired by Tom Lee, scooped up another 9,587 ETH worth roughly $20 million. The weekly buying streak rolls on, and the firm now sits 99% of the way to its self-declared 'Alchemy of 5%' goal of owning 5% of Ethereum. Lee called Vitalik Buterin's 'ETH is money' remark a 'seismic shift'. Funny how the guy who needs the bid to keep running finds the prophecy so convenient.
▪️ Weekly streak: Bitmine has bought ETH every week since launching its treasury strategy on June 30, 2025. Hitting 5% of supply in 15 months is their own math, not an audit. Nobody checked the homework.
▪️ The trigger: at Devcon in Mumbai Buterin said 'ETH is a store of value, ETH is money'. In an X post he admitted fee-burning looks weaker than it used to.
▪️ Lee's sales pitch: ETH is 'pristine and trusted collateral', not a cash-flow token, in a coming 'supercycle of tokenization and AI'.
▪️ The yield layer: about 86% of holdings, 5,227,037 ETH, is staked via its MAVAN platform, with projected annualized staking revenue of about $359M. Free money on a spreadsheet, the rest is hope.
▪️ Beyond ETH: 216 BTC, $475M in cash and securities, a $180M stake in Beast Industries and a $75M position in Eightco, sold as indirect OpenAI exposure. Indirect OpenAI exposure. Sure.
📊 ETH held:
📊 Value at $2,234 reference:
📊 Total treasury incl. BTC, cash, stakes:
💬 «ETH is a store of value, ETH is money» — Vitalik Buterin
🔮Treasury buyers are the bid. The day the weekly buys stop, who's left holding the bag?
@holder_finance
Bitmine, the NYSE-listed shop chaired by Tom Lee, scooped up another 9,587 ETH worth roughly $20 million. The weekly buying streak rolls on, and the firm now sits 99% of the way to its self-declared 'Alchemy of 5%' goal of owning 5% of Ethereum. Lee called Vitalik Buterin's 'ETH is money' remark a 'seismic shift'. Funny how the guy who needs the bid to keep running finds the prophecy so convenient.
▪️ Weekly streak: Bitmine has bought ETH every week since launching its treasury strategy on June 30, 2025. Hitting 5% of supply in 15 months is their own math, not an audit. Nobody checked the homework.
▪️ The trigger: at Devcon in Mumbai Buterin said 'ETH is a store of value, ETH is money'. In an X post he admitted fee-burning looks weaker than it used to.
▪️ Lee's sales pitch: ETH is 'pristine and trusted collateral', not a cash-flow token, in a coming 'supercycle of tokenization and AI'.
▪️ The yield layer: about 86% of holdings, 5,227,037 ETH, is staked via its MAVAN platform, with projected annualized staking revenue of about $359M. Free money on a spreadsheet, the rest is hope.
▪️ Beyond ETH: 216 BTC, $475M in cash and securities, a $180M stake in Beast Industries and a $75M position in Eightco, sold as indirect OpenAI exposure. Indirect OpenAI exposure. Sure.
📊 ETH held:
6,070,092📊 Value at $2,234 reference:
$13.6B📊 Total treasury incl. BTC, cash, stakes:
$14.3BBitmine is the biggest ETH treasury buyer, which makes it the bid under this market. The strategy only works while it keeps buying, and it's now almost at its own target, so watch for the moment the purchases slow down. Lee also invests in Dastan, Decrypt's parent company, as the article itself discloses, so take the 'seismic shift' line with a grain of salt. The firm already used the muted market reaction to the Binance hack as proof of crypto's resilience. Resilient, or just nobody selling yet?
💬 «ETH is a store of value, ETH is money» — Vitalik Buterin
🔮
@holder_finance
North Korea washes Binance loot through fake Elon coins, and Fitch calls it resilience 🔥
North Korean launderers are running part of the $6.4 billion Binance haul through homemade meme coins, one with an Elon Musk logo that has nothing to do with Musk. Elliptic traced the scheme on NEAR, Tron and Solana. Fitch Ratings says bitcoin fell only about 6% after the hack and calls that resilience. Sure, if you're a rating agency.
▪️ Step 1: mint your own junk token and pair it with a real asset, NEAR or a stablecoin, in a liquidity pool. Congrats, you're now a 'token project'.
▪️ Step 2: pay stolen funds into the pool from one set of wallets to buy the token, then sell it back from a separate set and walk away with clean-looking assets.
▪️ The pool sits in the middle, so no stolen coins ever go straight from thief to collector. The cash-out wallets look like regular degens dumping a meme coin. Cute.
▪️ NEAR, Nov 5-7: at least six tokens, each costing about 25 NEAR to mint. Traded hard for a few hours, then abandoned, with leftover liquidity pulled on Nov 8. Pump, dump, ghost.
▪️ Same playbook on Tron, with a close Solana variant. Elliptic first saw it in 2025 while tracing the $1.5B Bybit theft, also tied to the TraderTraitor group.
▪️ The catch: it hides nothing. Every hop is onchain and traceable. The trick only buys time before the funds get flagged.
📊 Stolen from Binance:
📊 Still not laundered:
📊 Pushed through the NEAR fake tokens:
💬 «Funds arriving from a liquidity pool shouldn't be assumed clean, especially where freshly minted tokens and a handful of trading wallets are involved.» — Elliptic
🔮Market shrugged, $3B still sitting in wallets. Who's actually buying the Elon coin? Spoiler: probably you, if you're not careful.
@holder_finance
North Korean launderers are running part of the $6.4 billion Binance haul through homemade meme coins, one with an Elon Musk logo that has nothing to do with Musk. Elliptic traced the scheme on NEAR, Tron and Solana. Fitch Ratings says bitcoin fell only about 6% after the hack and calls that resilience. Sure, if you're a rating agency.
▪️ Step 1: mint your own junk token and pair it with a real asset, NEAR or a stablecoin, in a liquidity pool. Congrats, you're now a 'token project'.
▪️ Step 2: pay stolen funds into the pool from one set of wallets to buy the token, then sell it back from a separate set and walk away with clean-looking assets.
▪️ The pool sits in the middle, so no stolen coins ever go straight from thief to collector. The cash-out wallets look like regular degens dumping a meme coin. Cute.
▪️ NEAR, Nov 5-7: at least six tokens, each costing about 25 NEAR to mint. Traded hard for a few hours, then abandoned, with leftover liquidity pulled on Nov 8. Pump, dump, ghost.
▪️ Same playbook on Tron, with a close Solana variant. Elliptic first saw it in 2025 while tracing the $1.5B Bybit theft, also tied to the TraderTraitor group.
▪️ The catch: it hides nothing. Every hop is onchain and traceable. The trick only buys time before the funds get flagged.
📊 Stolen from Binance:
$6.4B📊 Still not laundered:
$3B+📊 Pushed through the NEAR fake tokens:
~$430,000Fitch reads the 6% drop as the market growing up. Sure, the market shrugged. The thieves didn't. Most of the loot is still parked onchain, and meme-coin pools are a cheap exit ramp for dirty money, so anyone aping into fresh tokens is sitting right next to it. Elliptic's advice to compliance teams: don't assume funds from a liquidity pool are clean. Translation for the chat: don't assume anything is clean.
💬 «Funds arriving from a liquidity pool shouldn't be assumed clean, especially where freshly minted tokens and a handful of trading wallets are involved.» — Elliptic
🔮
@holder_finance
📉 Flat tape, fear at 32, ZEC bleeding on real volume while the crowd sits on its hands
BTC is dead flat, ETH is sliding, and the whole board is marinating in fear. Money keeps moving, but nobody has the balls to commit. The only moves worth watching are the ones with real volume under them.
▪️ ZEC -5.7% on $196M volume. That's the real money on the red side of the board. This is where the actual selling lives, not in your Telegram signal group.
▪️ SOXLB +22.8% on just $32M. A 22% candle on thin volume is a pump until proven otherwise. Chase it and you're the exit liquidity.
▪️ AVAX +7.6% on $59M is the cleanest green move here. Volume backs it, which already puts it ahead of most of this list.
▪️ PEPE +4.5% on $74M and SNDKB +6.7% on $54M: meme-style moves. Fast in, fast out, and reversals don't send a warning. They just happen to you.
▪️ ETH -0.6% on $556M: the heaviest volume on the board for a tiny drop. That's two-way churn, not panic. Somebody is filling on both sides and taking your money in the middle.
▪️ North Korean hackers laundered about $430K of stolen NEAR through six meme coins, per Elliptic. Meme tokens are the cleanup crew now.
📊 BTC 24h:
📊 ETH 24h:
📊 Fear & Greed:
🔮Fitch reads a 6% BTC drop after a $6.3B hack as resilience. Calm market, or just a crowd that stopped reacting?
@holder_finance
BTC is dead flat, ETH is sliding, and the whole board is marinating in fear. Money keeps moving, but nobody has the balls to commit. The only moves worth watching are the ones with real volume under them.
▪️ ZEC -5.7% on $196M volume. That's the real money on the red side of the board. This is where the actual selling lives, not in your Telegram signal group.
▪️ SOXLB +22.8% on just $32M. A 22% candle on thin volume is a pump until proven otherwise. Chase it and you're the exit liquidity.
▪️ AVAX +7.6% on $59M is the cleanest green move here. Volume backs it, which already puts it ahead of most of this list.
▪️ PEPE +4.5% on $74M and SNDKB +6.7% on $54M: meme-style moves. Fast in, fast out, and reversals don't send a warning. They just happen to you.
▪️ ETH -0.6% on $556M: the heaviest volume on the board for a tiny drop. That's two-way churn, not panic. Somebody is filling on both sides and taking your money in the middle.
▪️ North Korean hackers laundered about $430K of stolen NEAR through six meme coins, per Elliptic. Meme tokens are the cleanup crew now.
📊 BTC 24h:
$74,864 (+0.33%)📊 ETH 24h:
$2,126.05 (-0.58%)📊 Fear & Greed:
32 (Fear), yesterday 29A 32 means the crowd is nervous but not panicking, which is exactly when pumps get staged and dips get bought by people who should know better. Don't chase SOXLB's green candle. Watch whether ZEC's $196M of selling keeps pushing. Fitch calls the Binance hack a sign of resilience. Nice story for the people selling you the dip. Markets absorbing hacks doesn't mean your bag is safe.
🔮
@holder_finance
🐳 Polymarket 'whale' pukes back $1.13M in one Sunday, right after Dortmund paid him
totoro3miyazaki scored a seven-figure win on Borussia Dortmund last Wednesday, then torched all of it on Sunday, Nov. 8. The losses came from backing Manchester United to beat Aston Villa and Barcelona to lose at Atlético Madrid. No crystal ball needed, just a fat bankroll and zero brakes.
▪️ Wed, Nov. 4: 2,888,680 Dortmund shares for $1,886,142 in the 10 minutes before kickoff vs Real Betis, avg 65.3c. Dortmund won 2-1, and the bag paid out. Feels great, right? Remember that feeling.
▪️ Sun, 16:06-16:30 UTC: 21 trades, 1,633,345 Manchester United shares at 48-49c. Pre-kickoff odds: United 48.5%, Villa 28.5%, draw 23.5%. He doubled down on a coin flip with a dress on.
▪️ Villa scored twice in the first four minutes and led 4-2 by the 53rd. United's price crashed below 1 cent. Then two stoppage-time goals made it 4-4. Too late, the loss stood.
▪️ Same evening: 591,602 'No' shares on a Barcelona win. Most went in at 49c before kickoff, when Barca were 50.5%. Same guy, same confidence, same wallet getting lighter.
▪️ Side bets for the cherry on top: against Bournemouth, who won 2-1 at Ipswich, lost $11,050. Barcelona leg lost $297,792. Day total: a loss of $1,127,128.
▪️ And he's not alone: joseph00677 bought 4,105,417 Chelsea shares at 50.7c. Chelsea slipped to 41.5c by kickoff, Sunderland won 1-0, and the account lost $2,132,460. Sunderland.
📊 Lifetime result (leaderboard):
📊 Lifetime trading volume:
📊 Open position on Monday:
💬 «garden-variety sports bets» — American Gaming Association
🔮Seven figures up on Wednesday, seven figures down on Sunday. Whale, or just a very expensive hobby?
@holder_finance
totoro3miyazaki scored a seven-figure win on Borussia Dortmund last Wednesday, then torched all of it on Sunday, Nov. 8. The losses came from backing Manchester United to beat Aston Villa and Barcelona to lose at Atlético Madrid. No crystal ball needed, just a fat bankroll and zero brakes.
▪️ Wed, Nov. 4: 2,888,680 Dortmund shares for $1,886,142 in the 10 minutes before kickoff vs Real Betis, avg 65.3c. Dortmund won 2-1, and the bag paid out. Feels great, right? Remember that feeling.
▪️ Sun, 16:06-16:30 UTC: 21 trades, 1,633,345 Manchester United shares at 48-49c. Pre-kickoff odds: United 48.5%, Villa 28.5%, draw 23.5%. He doubled down on a coin flip with a dress on.
▪️ Villa scored twice in the first four minutes and led 4-2 by the 53rd. United's price crashed below 1 cent. Then two stoppage-time goals made it 4-4. Too late, the loss stood.
▪️ Same evening: 591,602 'No' shares on a Barcelona win. Most went in at 49c before kickoff, when Barca were 50.5%. Same guy, same confidence, same wallet getting lighter.
▪️ Side bets for the cherry on top: against Bournemouth, who won 2-1 at Ipswich, lost $11,050. Barcelona leg lost $297,792. Day total: a loss of $1,127,128.
▪️ And he's not alone: joseph00677 bought 4,105,417 Chelsea shares at 50.7c. Chelsea slipped to 41.5c by kickoff, Sunderland won 1-0, and the account lost $2,132,460. Sunderland.
📊 Lifetime result (leaderboard):
-$338K📊 Lifetime trading volume:
~$34M📊 Open position on Monday:
$204KThis guy is not a genius. He's a man with a feed and a bankroll that outgrew his judgment. Lifetime still in the red, and he's still sitting on an open position, so the story isn't over. Meanwhile Groupe Amaury, owner of France Football and organizer of the Ballon d'Or, says a complaint is underway over Polymarket. Somebody smells money, and it isn't the whale.
💬 «garden-variety sports bets» — American Gaming Association
🔮
@holder_finance
🎯 Anthropic opens IPO roadshow: up to $64.35B on Nasdaq as ANT
Anthropic, the outfit behind Claude, kicked off its IPO roadshow on Nov. 10: 825 million Class A shares at $70 to $78 each. The range implies a valuation of up to $1.4 trillion, and the ticker is ANT on Nasdaq. Retail finally gets a ticker to slap on the screen. The real money was already sitting with the people who own the company.
▪️ Company sells 801,351,354 shares. Selling stockholders offer 23,648,646. At the $74 midpoint Anthropic pockets about $59.3B. The selling holders take the rest, and you can guess who's cashing out
▪️ Underwriters get a 30-day option on 123.75M extra shares. Full exercise pushes the deal to 948.75M shares and about $74B gross at $78.
▪️ Confidential draft hit the SEC on June 1. Public registration followed Oct. 26, but the filing is not yet effective, so nobody can sell a single share yet.
▪️ Before the roadshow, perps on Binance and Bitget had Anthropic above $2 trillion back in September. Those contracts have no expiry and zero equity.
▪️ Separate conditional $26B private placement right after the IPO. Buyers: Google, Nvidia, AMD, Broadcom, Micron, Microsoft, TSMC Partners.
▪️ Founders' Class F stock carries 50.1% of general voting power. The Long-Term Benefit Trust elects and removes a board majority, so public holders steer nothing. You get the ride, they get the wheel
📊 Revenue, first nine months of 2026:
📊 Net loss, same period:
📊 Purchase and lease commitments:
📊 Due within 12 months:
💬 «Anthropic will not receive any proceeds from the sale of shares by the selling stockholders.» — Anthropic announcement
🔮You're buying a company where the founders hold 50.1% of the votes. Is that an IPO or a ticket to ride?
@holder_finance
Anthropic, the outfit behind Claude, kicked off its IPO roadshow on Nov. 10: 825 million Class A shares at $70 to $78 each. The range implies a valuation of up to $1.4 trillion, and the ticker is ANT on Nasdaq. Retail finally gets a ticker to slap on the screen. The real money was already sitting with the people who own the company.
▪️ Company sells 801,351,354 shares. Selling stockholders offer 23,648,646. At the $74 midpoint Anthropic pockets about $59.3B. The selling holders take the rest, and you can guess who's cashing out
▪️ Underwriters get a 30-day option on 123.75M extra shares. Full exercise pushes the deal to 948.75M shares and about $74B gross at $78.
▪️ Confidential draft hit the SEC on June 1. Public registration followed Oct. 26, but the filing is not yet effective, so nobody can sell a single share yet.
▪️ Before the roadshow, perps on Binance and Bitget had Anthropic above $2 trillion back in September. Those contracts have no expiry and zero equity.
▪️ Separate conditional $26B private placement right after the IPO. Buyers: Google, Nvidia, AMD, Broadcom, Micron, Microsoft, TSMC Partners.
▪️ Founders' Class F stock carries 50.1% of general voting power. The Long-Term Benefit Trust elects and removes a board majority, so public holders steer nothing. You get the ride, they get the wheel
📊 Revenue, first nine months of 2026:
$33.2B📊 Net loss, same period:
$104B📊 Purchase and lease commitments:
$900.9B📊 Due within 12 months:
$70.7BAnyone who ape'd the Binance and Bitget perps at $2T+ was betting on a number the company never set, and those contracts convey no equity. Don't cry about it, you were the exit liquidity for the perp crowd. The $104B net loss is mostly $94.3B in financing fair-value charges, not cash burn, which is the kind of footnote that gets read by nobody on the retail side. But $900.9B in commitments is still real money owed, and nobody's sending a thank-you card. Shares can only be bought through a prospectus from Goldman Sachs or Morgan Stanley, so the banks eat first. The founders keep 50.1% of the votes whatever the price does, so the chart can do whatever it wants and the steering wheel stays where it is.
💬 «Anthropic will not receive any proceeds from the sale of shares by the selling stockholders.» — Anthropic announcement
🔮
@holder_finance
🚨 Initia yanks its L1 plug after $615K walks out the bridge escrow door
Initia halted its layer 1 at 06:18 UTC after unauthorized transfers drained the escrow accounts holding assets bridged to its rollups. The attacker used compromised rollup infrastructure keys to fabricate IBC transfers, and validators froze the chain before the bleeding stopped. Last night the team was still calling it 'an issue affecting rollup infrastructure' and swearing user funds were untouched. Sure. Sleep well, holders.
▪️ Forged IBC transfers went out through Noble: about $605K in USDC plus roughly $10K in other tokens, before validators paused the network.
▪️ Most of the rest of the assets moved out of the escrow accounts are still stuck on L1. So 'funds are safe' really means 'funds are frozen'. Cute.
▪️ Yesterday it was a temporary pause and 'no impact to user funds'. Today it's a full L1 halt, and the team still doesn't know the full extent. The story changes faster than the candles.
▪️ This is the second hit in under three weeks. A MoveVM script caching bug let the attacker mint unbacked WETH, iUSD and USDC balances without touching token supplies.
▪️ That exploit bridged about $2.7M out through LayerZero and Noble. By October 24 the thief had converted the loot into 1,135 ETH. Nobody was catching that guy in the act.
▪️ The Foundation approved funding to restore 1:1 backing: up to 1.08M USDC, 105 ETH and 1.4M AUSD0. The network came back on November 2 with an independently audited MoveVM patch and the forged…
📊 USDC forged out via Noble:
📊 Earlier MoveVM exploit:
📊 INIT 7-day move:
📊 INIT vs May 2025 ATH:
💬 «We have not identified any impact to user funds and we hope rollups will resume producing blocks soon» — Initia team
🔮INIT is up 71% on a frozen chain. Who's buying the top, and who's left holding the bag?
@holder_finance
Initia halted its layer 1 at 06:18 UTC after unauthorized transfers drained the escrow accounts holding assets bridged to its rollups. The attacker used compromised rollup infrastructure keys to fabricate IBC transfers, and validators froze the chain before the bleeding stopped. Last night the team was still calling it 'an issue affecting rollup infrastructure' and swearing user funds were untouched. Sure. Sleep well, holders.
▪️ Forged IBC transfers went out through Noble: about $605K in USDC plus roughly $10K in other tokens, before validators paused the network.
▪️ Most of the rest of the assets moved out of the escrow accounts are still stuck on L1. So 'funds are safe' really means 'funds are frozen'. Cute.
▪️ Yesterday it was a temporary pause and 'no impact to user funds'. Today it's a full L1 halt, and the team still doesn't know the full extent. The story changes faster than the candles.
▪️ This is the second hit in under three weeks. A MoveVM script caching bug let the attacker mint unbacked WETH, iUSD and USDC balances without touching token supplies.
▪️ That exploit bridged about $2.7M out through LayerZero and Noble. By October 24 the thief had converted the loot into 1,135 ETH. Nobody was catching that guy in the act.
▪️ The Foundation approved funding to restore 1:1 backing: up to 1.08M USDC, 105 ETH and 1.4M AUSD0. The network came back on November 2 with an independently audited MoveVM patch and the forged…
📊 USDC forged out via Noble:
$605K📊 Earlier MoveVM exploit:
$2.7M📊 INIT 7-day move:
+71%📊 INIT vs May 2025 ATH:
-84%The chain is frozen and INIT is still printing green: up almost 60% in 24 hours and 71% over seven days, even though it's still 84% below its $1.42 May 2025 peak. Classic setup. Somebody sells the pump to people who only read candles while the chain is dead. Same script ran with Verus, which lost $7.55M in July, barely two months after $11.58M went missing. Blockaid tied both attacks to the same bridge contract and bug class. So when a team says the first patch was the fix, remember the first patch was also the one that got drained twice. Repeat hacks mean the first patch wasn't the last one.
💬 «We have not identified any impact to user funds and we hope rollups will resume producing blocks soon» — Initia team
🔮
@holder_finance
📉 BTC $73.8K, ETH bleeding, INIT +80% on a chain that just got halted
BTC is at $73,808 (-1.36% in 24h), ETH at $2,065.5 (-2.76%). Majors aren't crashing, they're bleeding slowly, which is how they bleed you dry. The real fun is in the tails: ZEC dumped 12.3% on $260M, the biggest volume on the whole losers table, while INIT ripped 80.6% on $38M.
▪️ INIT +80.6% on $38M, top gainer of the day. Initia halted its chain today, so this isn't a clean breakout, it's a pump sitting on top of bad news.
▪️ ZEC -12.3% on $260M: more than five times UNI's $48M, the next-biggest loser by volume. Big money is heading for the exits and the feed won't tell you why. Feed never does.
▪️ ONE +29.8% on $29M, SOXLB +12.0% on $36M, while NVDAB slid 4.0% on $72M. Gainers and losers are both running hot on the B-suffixed names. Nice little casino, boys.
▪️ BlackRock moved $213M in Bitcoin and $118M in Ethereum as ETF redemptions forced asset sales. Those transfers are the plumbing behind the outflows, and that plumbing is what you should be watching,…
▪️ A Polymarket whale who banked about $1M on Borussia Dortmund handed back about $1.13M on Sunday, Nov. 8. Degen tax, paid in full.
▪️ Anthropic opened its IPO roadshow: up to $64.35B in gross proceeds for the company and selling stockholders, a Nasdaq listing planned, and a range implying up to $1.4T valuation.
🔮Fear at 29, INIT up 80% on a halted chain. Who's the exit liquidity this morning? Hint: check your own wallet.
@holder_finance
BTC is at $73,808 (-1.36% in 24h), ETH at $2,065.5 (-2.76%). Majors aren't crashing, they're bleeding slowly, which is how they bleed you dry. The real fun is in the tails: ZEC dumped 12.3% on $260M, the biggest volume on the whole losers table, while INIT ripped 80.6% on $38M.
▪️ INIT +80.6% on $38M, top gainer of the day. Initia halted its chain today, so this isn't a clean breakout, it's a pump sitting on top of bad news.
▪️ ZEC -12.3% on $260M: more than five times UNI's $48M, the next-biggest loser by volume. Big money is heading for the exits and the feed won't tell you why. Feed never does.
▪️ ONE +29.8% on $29M, SOXLB +12.0% on $36M, while NVDAB slid 4.0% on $72M. Gainers and losers are both running hot on the B-suffixed names. Nice little casino, boys.
▪️ BlackRock moved $213M in Bitcoin and $118M in Ethereum as ETF redemptions forced asset sales. Those transfers are the plumbing behind the outflows, and that plumbing is what you should be watching,…
▪️ A Polymarket whale who banked about $1M on Borussia Dortmund handed back about $1.13M on Sunday, Nov. 8. Degen tax, paid in full.
▪️ Anthropic opened its IPO roadshow: up to $64.35B in gross proceeds for the company and selling stockholders, a Nasdaq listing planned, and a range implying up to $1.4T valuation.
Fear & Greed is at 29 (Fear), down from 32 yesterday. The crowd is scared but not panicking, which means they're still holding the bags. Initia halted its layer 1 after about $615K left bridged asset escrows, following an earlier exploit that cost about $2.7M, and INIT is up 80.6% anyway. A halted chain with a pumping token next to it is the kind of setup where the chart flips on a dime.
🔮
@holder_finance
Initia got robbed twice in three weeks and the whole chain is frozen solid. Lovely.
Layer-1 Initia confirmed its second exploit in under three weeks, and this time the thief walked off with $3.27M. No cryptographic masterpiece here. Somebody found a compromised cloud key lying around, and now the chain is halted.
▪️ Entry point: a compromised Google Cloud Platform key. On Monday the attacker used a command injection to get in and exposed environment variables.
▪️ From there they reached Initia's GitHub and cloud accounts and pulled out more credentials. Classic: one leaked key opens the next door, and the next, and the next.
▪️ Next they got into Anvil, the platform hosting rollups, and validated fake IBC withdrawals from five rollups, releasing assets held in the network's escrow accounts.
▪️ Cash-out: they sold assets on Initia's own DEX, then withdrew 13,400 TIA, 8,000 USDC.inj and 597,000 Noble USDC.
▪️ Initia halted its layer-1 on Tuesday. Recovery runs alongside law enforcement and security partners, and the team says it intends to restore backing for affected assets.
▪️ Deja vu: the Oct. 23 exploit abused a vulnerability in the MoveVM script cache. Malicious code slipped past checks, minted unbacked token balances and bridged them out.
📊 Still frozen on the halted network:
📊 Drained in the Oct. 23 exploit:
🔮Two hacks in three weeks and the fix is still 'intends to restore'. Who's buying the dip on a chain that can't keep its keys to itself?
@holder_finance
Layer-1 Initia confirmed its second exploit in under three weeks, and this time the thief walked off with $3.27M. No cryptographic masterpiece here. Somebody found a compromised cloud key lying around, and now the chain is halted.
▪️ Entry point: a compromised Google Cloud Platform key. On Monday the attacker used a command injection to get in and exposed environment variables.
▪️ From there they reached Initia's GitHub and cloud accounts and pulled out more credentials. Classic: one leaked key opens the next door, and the next, and the next.
▪️ Next they got into Anvil, the platform hosting rollups, and validated fake IBC withdrawals from five rollups, releasing assets held in the network's escrow accounts.
▪️ Cash-out: they sold assets on Initia's own DEX, then withdrew 13,400 TIA, 8,000 USDC.inj and 597,000 Noble USDC.
▪️ Initia halted its layer-1 on Tuesday. Recovery runs alongside law enforcement and security partners, and the team says it intends to restore backing for affected assets.
▪️ Deja vu: the Oct. 23 exploit abused a vulnerability in the MoveVM script cache. Malicious code slipped past checks, minted unbacked token balances and bridged them out.
📊 Still frozen on the halted network:
$2.16M📊 Drained in the Oct. 23 exploit:
$2.7MIf you hold assets on Initia or its rollups, you're parked on a halted chain with no trading and no restore date. 'Intends to restore backing' is a promise, not a timeline, and retail has heard that song before. Two hacks in three weeks means the security model is patch-as-you-go. That's the part you should be pricing in, not the green candle on the chart.
🔮
@holder_finance