BackBig Whales' Movements

Big Whales' Movements

AscendEX
2026-06-26 16:31:40

AscendEX Withdrawal Anomaly: Liquidity Crisis and Survival Struggles of Small Exchanges

AscendEX (formerly Bitmax) recently experienced large-scale withdrawal anomalies, with user funds stuck in 'Initiating' status and no on-chain hash, suggesting potential liquidity issues. The platform suffered a $78 million loss from a Lazarus hacker attack in 2021 and has long lacked proof of reserves and third-party audits, raising transparency concerns. The incident highlights the survival difficulties faced by small and medium crypto exchanges amid tightening regulations and industry consolidation.

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AscendEX Withdrawal Anomaly: Liquidity Crisis and Survival Struggles of Small Exchanges
Securitize
2026-06-26 16:31:22

Securitize to Merge with SPAC Cantor Equity Partners II, Raising ~$400M, Listing on NYSE as SECZ on July 2

Securitize announced a business combination with SPAC Cantor Equity Partners II (NASDAQ: CEPT), expected to raise approximately $400 million (including PIPE). Post-merger, the entity will be renamed Securitize Corp. and its common stock is scheduled to begin trading on the New York Stock Exchange on July 2 under the ticker 'SECZ'. The company claims to hold digital securities infrastructure licenses in both the US and EU, and manages over $4 billion in on-chain real-world assets (RWA). This transaction signifies a major step toward the convergence of traditional finance and regulated crypto assets, highlighting the accelerating growth of the RWA sector within a compliant framework.

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Securitize to Merge with SPAC Cantor Equity Partners II, Raising ~$400M, Listing on NYSE as SECZ on July 2
Grayscale
2026-06-26 16:31:22

Grayscale Deposits 8,697 ETH to Coinbase Prime in 2 Hours, Worth $13.77M

Arkham monitoring shows Grayscale deposited 8,697 ETH (approx. $13.77M) to Coinbase Prime within 2 hours. This whale-level transfer suggests Grayscale may be adjusting its ETH holdings or preparing for market moves. The transaction comes amid relatively stable ETH prices and could impact short-term liquidity.

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Grayscale Deposits 8,697 ETH to Coinbase Prime in 2 Hours, Worth $13.77M
zombie contra
2026-06-26 16:01:44

Hackers Drain $17M in 40 Days Using 'Zombie Contracts' from Five DeFi Projects

Over the past 40 days, hackers exploited five deprecated but still active smart contracts from DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect, stealing nearly $17 million. The root cause: incomplete contract retirement leaving funds, permissions, or callable entry points exposed. This wave of attacks highlights the widespread 'zombie contract' risk in DeFi, urging projects to implement rigorous decommissioning procedures to secure legacy code.

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Hackers Drain $17M in 40 Days Using 'Zombie Contracts' from Five DeFi Projects
AscendEX
2026-06-26 16:01:44

AscendEX Withdrawal Anomaly Exposes Liquidity Crisis, Plights of Small Exchanges Intensify

Crypto exchange AscendEX (formerly Bitmax) has recently experienced widespread withdrawal anomalies, with user funds stuck in 'Initiating' status without on-chain hashes, signaling potential liquidity depletion. The platform suffered a $78 million hack by the Lazarus Group in 2021 and has long lacked proof-of-reserves and third-party audits. The incident highlights the existential struggles of small and mid-sized exchanges under tightening regulation and market concentration.

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AscendEX Withdrawal Anomaly Exposes Liquidity Crisis, Plights of Small Exchanges Intensify
2026-06-26 16:01:30

US 'Trump Account' Opens Registration on July 4: Up to $5,000 Annual Contribution, Auto-Convert to IRA at Age 18

The US 'Trump Account' program, part of the Big Beautiful Bill, will open registration and initial funding on July 4. The account allows parents to set up tax-deferred investment accounts for children under 18. Family, friends, and employers can all contribute, with an annual cap of $5,000 adjusted for inflation. Employers can also provide up to $2,500 in matching contributions per child. Upon the child turning 18, the account automatically converts to a traditional IRA structure. This article details the policy parameters and discusses its potential impact on personal retirement savings in the US, including the possibility of future inclusion of crypto assets.

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US 'Trump Account' Opens Registration on July 4: Up to $5,000 Annual Contribution, Auto-Convert to IRA at Age 18