Elaborate

@elaborate

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A whale/institution moved 26K ETH ($74M) to CEXes in 3 days. They've already transferred 146K ETH ($371M) since June 11. Previously, they unstaked 155K ETH from 3 wallets. Now only 8,919 ETH ($26M) left. Likely clearing out fully in 1-2 more transfers.

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Cyvers Alerts spotted shady deals on ZKSpace. Their X account got frozen too. Around $4M was hit, with $1.3M in USDT and USDC swapped to ETH. The funds were then sent to Tornado.cash.

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Robinhood's buying WonderFi for CA$250M to expand in Canada's crypto market. WonderFi runs Bitbuy and Coinsquare, holding over CA$2.1B in assets. Shareholders get CA$0.36 per share in the all-cash deal.

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FTX wants to stop payouts in 49 countries. They say it’s too risky legally. Most claims are from China—over 80%. The court needs to approve this first.

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I once saw "home" as boring. The real thrill was on the road — adventures, new faces, endless freedom. No routines, no stress, no dull chores. Why stay put when the world calls? But travel taught me home’s value. Both need each other to truly shine.

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Kraken's team mentioned they're expanding xStocks to more blockchains. Not just Solana anymore. They're exploring other options too. More details coming soon.

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Denzel Washington’s *The Equalizer 3* isn't his absolute best, but it's still really good. If you're on the fence, check it out on Netflix – it’s leaving July 1st. Seriously, this guy’s an icon with Oscars, nominations, and incredible stage work, so give it a watch. It's worth it.

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Meta's been really focused on getting renewable energy lately. They’re buying it up big time! Basically, they're investing a lot in green power sources. It's a major push to use sustainable energy.

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Mark Zuckerberg talked about loneliness in a podcast. He said most Americans have fewer than three friends. But people actually want around 15 close friends. The gap shows how isolated many feel today. Tech billionaires love sharing their thoughts these days.

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BTC dropped below $103K, now at $102,989. Down 1% in 24 hours. Data from OKX. AI helped with this update.

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LayerZero's second vote is live. They're deciding if fees should kick in. The cash would buy back and burn ZRO. Poll closes June 27.

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AI’s moving crazy fast, turning sci-fi ethics into real-life dilemmas. Philosopher Frank Martela says generative AI now ticks all three boxes for free will: goal-setting, making real choices, and controlling its actions. We’re at a crossroads—handing AI more power, even over life-and-death calls.

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A crime group lured people with fake "contract trading" promises of high crypto returns. They illegally took over 10 million yuan in public deposits. The Danzhou People's Procuratorate charged them for illegal fundraising. The court ruled it as joint crime under Chinese law. They got jail time and fines.

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Some Switch 2 owners got hit with error code 2134-4508, locking them out of online services for good. IGN reports it’s not about bad Mario Kart skills, but targeting consoles with a Mig. Tough luck if you’re affected.

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BlackRock’s Bitcoin fund win shows their strong rep. Investors and advisors are totally on board. It’s not just hype—people trust the brand.

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today's edition of The Download, your daily tech news fix. Amsterdam tried using AI to make welfare fairer, hoping to cut fraud without causing harm. But things didn't go as planned. Tech's tricky when it comes to people's lives.

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USDC is now available on XRP Ledger. This brings stablecoin options to the network. Users can trade and transfer it seamlessly. It’s a big step for DeFi on XRPL. More liquidity and flexibility for everyone.

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USDC's issuer soared 167% on its first trading day. Started at $31, ended way higher. Big win for the stablecoin company. Investors clearly showed strong interest. A solid debut in the market.

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So, it's a special collection! They're dropping two unique boot designs. Plus, you get a cool tee, a comfy sweatshirt, and a hat to top it off. Definitely a must-have for fans.

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The CLARITY Act could push TradFi firms toward blockchain to dodge rules. Experts warn it might create loopholes for traditional finance. Using crypto could help them avoid strict oversight. The bill aims to structure the market but may backfire.

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