Anomalous trades on FTX
Asset prices in the DeFi space have plummeted since their recent highs. The DeFi Index Perpetual Futures instrument on FTX, which tracks a basket of DeFi assets, is down almost 50% from its high on September 1st:
Buzzfeed and their partners recently released stories about a trove of almost 2,500 Suspicious Activity Reports (SARs) filed by banks with the Financial Crimes Enforcement Network (FinCEN) between 2000 and 2017. They included thousands of suspicious bank transactions totaling over $35B. In cooperation with BuzzFeed, the International Consortium of Investigative Journalists (ICIJ) published a dataset that includes detailed information on 4500 suspicious transactions.
Almost a decade ago, Torrent trackers looked into their IP logs to find interesting connections coming from a variety of organizations that openly advocate against their right to exist. Some of the reported illegal downloads even revealed a peculiar taste in music of presidential staff. Peer-to-peer file sharing battle lost, the very same organizations turned their sights on other distributed technologies, cryptocurrency mining being one of them. In this piece, Inca’s investigation team looks…
News of Financial Tech companies Paypal
PYPL +3.2% and Venmo potentially looking to roll out crypto purchasing is energizing the digital asset space.