BlockTower has spun off its venture capital division into Strobe Ventures and plans to raise $100 million for its second fund.

BlockTower Capital received approximately $3.44 million in LINK from B2C2, Wintermute, and Galaxy Digital.

BlockTower Capital is suspected of buying 15,580 AAVE and 237,000 UNI.

BlockTower Capital has accumulated 1.39 million EIGEN, with an unrealized loss of $187,000.

Investment firm BlockTower Capital has sold 1,815 MKR through Galaxy Digital.

Suspected BlockTower Capital address sold 9232 ETH 4 hours ago.

BlockTower Capital sold 9232 ETH 4 hours ago, approximately $24.80 million

Suspected BlockTower Capital sells 9232 ETH through FalconX, Cumberland, and others

BlockTower Capital appoints David Burke as Director of Client and Partner Strategy

BlockTower Capital Appoints New Head of Investor Relations to Boost Crypto Engagement

BlockTower Capital transferred 202.2 billion PEPE to Cumberland, equivalent to about 2.79 million US dollars

BLOCKTOWER CAPITAL Transfers 202 Billion PEPE Tokens to CUMBERLAND, Resulting in 25% Price Surge

A pseudo BLOCKTOWER CAPITAL affiliated wallet purchased 20.2 billion PEPE through CUMBERLAND.

BLOCKTOWER CAPITAL hedge fund hacked, partially drained of funds

BlockTower Capital Hedge Fund Compromised in Hack

BlockTower Capital's Hedge Fund Hit by Fraud, Loses Assets

BlockTower Capital's affiliated wallet purchased 20.20 billion PEPE in 2020.

Goldman Sachs and former BlockTower Capital executive establish new crypto investment firm NeoClassic Capital.

BlockTower Capital sold 150,304 FXS within two days, causing the price to drop by 11%.

Superform announced the establishment of a foundation and will launch the token UP this year.

🔥 NEW: Grayscale appoints Diana Zhang, formerly COO of BlockTower Capital, as new COO. https://t.co/RqtSyF27DT

Grayscale appoints former BlockTower executive Diana Zhang as COO

Excited to welcome @xxstevelee, Co-Founder & Managing Partner at @NeoclassicCap, as a speaker at InnovateDenver.After 13 yrs at Goldman Sachs & BlockTower Capital, Steve co-founded @NeoclassicCap in 2024, a global investment firm focused on web3, blockchain, & digital assets. https://t.co/P4hZX6f5I2

Crypto yield marketplace @superformxyz raised $3M in a Strategic funding round led by @vaneck_us, with participation from @polychain, @CMT_Digital, @ambergroup_io, @Node_Cap, @BlockTower, @heartcorecap, @Maven11Capital, UpTop. https://t.co/aBugzofRrg https://t.co/hzflvLllb7

On-chain yield platform Superform Labs announces the completion of $3 million in strategic financing.

SoSo Daily Nov 14 | FBI Seizes Polymarket CEO's Phone and Electronics

Arca and BlockTower to Merge in All-Equity Deal

Great discussion earlier today on the effect of the "U.S. #Election on Macro and Digital Asset Markets" with @Grayscale, @BlockTower , @vaneck_us and @falconxnetwork at The Bridge by @TheTieIO. "From an industry, infrastructure, and banking perspective, there’s a positive outlook on capital flow easing up, largely thanks to last night's election results." - @JEH_BTC #elections #crypto #macroeffects

Vlayer Raises $10 Million in Pre-Seed Funding for Solidity 2.0 Development

At the Propy Summit in 2023, @AriDavidPaul (CIO/Founder of BlockTower Capital) discussed how blockchain can streamline real estate by increasing transparency and modernizing outdated systems. When the value is clear, transformation is easier. This year Propy’s 4th annual Web3 and Property Rights Summit is happening in Miami, November 7-8. Speakers include @FrancisSuarez, @HDeSotoPeru, @TimDraper, and @Scaramucci. Check out the full lineup and grab your spot: https://t.co/29jDvMGHEK

Planet Noon News

Crypto lending company Morpho completes $50 million strategic financing round, led by Ribbit Capital

U.S. Government Holds $12B in Bitcoin, Proposes Strategic Reserve

U.S. Senator Cynthia Lummis did not mention Bitcoin as a strategic reserve asset at the Bitcoin conference.

Asset Manager Discusses Bitcoin's Potential as U.S. Strategic Reserve Asset

Asset Manager Discusses Bitcoin's Potential as U.S. Strategic Reserve Asset

SEC Expands Crackdown on Cryptocurrency Industry, Investigates Venture Capital Firms

CMT Digital raised $150 million in investment for Web3, creating the largest fund in the company's history.

CMT Digital plans to raise $1.5 billion for Web3 investments.

CMT Digital raises $150 million for its fourth fund

🗓️Weekly Update (May 13 - May 19) What happened last week?Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. ⤵️ 1. @predyfinance on Arbitrum was exploited, losing $464K from its lending pool.2. @ALEXLabBTC, a Bitcoin DeFi app, was attacked for $4.3M due to a private key compromise. The team is currently trying to recover all the assets.3. BlockTower Capital’s main hedge fund was partly drained by the hackers due to a security compromise.4. @SonneFinance on Optimism fell victim to a $20M flash loan attack. The team is working with experts to identify the exploiter and recover the funds.5. Solana memecoin launcher, @pumpdotfun, was exploited by a former employee, resulting in a $2M loss.

Last week, a security incident in the crypto space resulted in a loss of $28 million.

🚨 SlowMist Weekly Security Report (May 13 - May 19, 2024) 🚨 Total Losses: Over $28M 😱 Incident Overviews: 1. pump[.]fun: $1.9M lost via flash loan attack by former employee who exploited privileges. Funds were airdropped to random wallets. 🪂 2. TCH: $19K lost due to contract vulnerability on BNBChain. ⚠️ 3. Fake Notcoin: $281K rug pull on ETH, token price dropped by 100%. 💸 4. Sonne Finance: Over $20M lost in flash loan attack on Compound’s Optimism. 🌩️ 5. BlockTower Capital: Hedge fund compromised, specifics under investigation. 🔍 6. ALEX Lab: $4.3M stolen in private key compromise. 🔑 7. Predy Finance: $464K lost in contract vulnerability on Arbitrum. 🛡️ 8. Equalizer Exchange: Under investigation for potential attack, advised users to avoid frontend. 🔐 9. Patton: $266K exit scam on ETH, token price dropped by 100%. 🚨 Security Tips: -Regularly update and patch all systems and protocols to protect against known vulnerabilities. -Engage with professional security firms for advanced threat detection and response services. -Educate and train your team continuously on security best practices and emerging threats. Please note that the list above contains all the reported events; there could have been others that weren't reported. For additional information, check out https://t.co/e90CSvSOh3 As always, stay vigilant!

SlowMist: Security incidents in the crypto space last week resulted in a $28 million loss.

SoSo Daily May 16

SoSo Daily May 15

Market Brief: Bitcoin and Ethereum Surge Post-U.S. CPI Data; Millennium Management Buys $2B Bitcoin ETFs

CUMBERLAND extracted 20.2 billion PEPE from OKX and distributed them.

BlockTower Capital's main hedge fund was hacked, resulting in significant asset losses. The hacker's identity remains unknown, and the stolen funds haven't been recovered. BlockTower Capital manages $1.7 billion in assets. https://t.co/U9W0toXleL

SoSo Daily May 15

Crypto Investment Firm BlockTower’s Fund Partially Compromised - Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. https://t.co/mbeDqJyJDX

Goldman Sachs Alumni Launch Crypto Investment Firm Neoclassic Capital

BlockTower Capital’s main hedge fund has been hacked and partially stolen by fraudsters, according to Bloomberg. The firm manages $1.7 billion in assets. The hackers have not been arrested. BlockTower was founded in 2017 and has invested in companies such as Dapper Labs, Sky Mavis, Terraform, and others.

$20M Hack Forces Sonne Finance to Halt Operations, No Negotiations with Hacker

Whales Accumulate 720 Billion PEPE Tokens as Cryptocurrency Surges

Summary of the Latest Developments in Cryptocurrency and Blockchain Sector

Top-tier DeFi protocols will be airdropping to Pre-Launch depositors 🪂 That includes... @Ionprotocol, a lending platform built specifically to give holders of staked and restaked assets access to leverage, hedging, shorting and all sorts of financial structured activities without any exposure to price based liquidation risk. Backed by @CryptoHayes, @SevenXVentures, @BanklessVC and more. @Ambient_Finance, a DEX reinventing the AMM experience To be better, more intuitive and easier for users, with increased rewards for LP'ers. Backed by @BlockTower, @JaneStreetGroup and more. @BrahmaFi will provide an interface for Swell L2. Brahma Console makes execution easier for users across chains. You can use the Brahma console to batch your transactions, do sequential transactions and also manage your positions. Backed by @hiframework, @Maven11Capital, and others. This list is set to grow with more projects coming down the pipeline. Get your share of the rewards by joining ~40,000 depositors in the Swell L2 Pre-Launch.

PV01 has completed its first tokenized bond sale, marking the development of the blockchain bond market.

A new Executive Vote is live in the Maker Governance portal. 🗳 MKR holders and delegates can use their voting power to deploy the changes listed below if they support them. If this executive proposal passes, the following actions will occur within the Maker Protocol: 🕐 Governance Pause Delay (GSM) Increase • The Governance Pause Delay (GSM) will be increased from 16 to 30 hours. This modifies the time that must pass before an executive spell's changes can affect the Maker Protocol. 📈 Spark MetaMorpho Vault DDM Maximum Debt Ceiling (line) Increase • The Spark MetaMorpho Vault DDM Maximum Debt Ceiling (line) will increase from 100 million DAI to 1 billion DAI with an initial allocation of 600 million DAI. Recommended Vault DAI allocations • Total allocation across all pools: 600 million DAI. • Specific allocations to various LTV pools as detailed in the proposal. Performance and pool selection adjustments • Prioritize allocations towards USDe pools over sUSDe, reflecting user preferences and risk considerations. • Focus future allocations into the 86% and 91.5% LLTV pools for USDe, aligning with demand trends and liquidity risk assessments. Vault parameter adjustments • DDM DC-IAM Parameters: Line: 1 billion DAI Gap: 100 million DAI TTL: 24 hours 📊 Add ilks to Debt Ceiling Breaker (LINE_MOM) The following ilks will be added to the Debt Ceiling Breaker (LINE_MOM): • ETH-A • ETH-B • ETH-C • WSTETH-A • WSTETH-B • WBTC-A • WBTC-B • WBTC-C This proposed change would enable the quick disabling of borrowing from specific crypto collateral vault types in emergencies, by expanding the Debt Ceiling Breaker's scope to include all listed vault types without the usual delay. ⚡ Trigger SparkLend Proxy Spell If this executive proposal passes, the SparkLend Proxy spell at 0x7748C5E6EEda836247F2AfCd5a7c0dA3c5de9Da2 will be executed. The expected contents of this are: Increase ETH Borrow Cap gap Parameter • Increases ETH Market borrow cap gap parameter from 10,000 ETH to 20,000 ETH. Increase WBTC Supply Cap max Parameter • Increases WBTC market supply cap max parameter from 6,000 WBTC to 10,000 WBTC. Activate Kill Switch Security Module Adds a kill switch to disable all borrowing across markets in case of a depeg on key collateral assets. Update MetaMorpho Market Caps Updates Market Cap Parameters to the following: • USDe 77% LLTV pool cap: 1 billion DAI • USDe 86% LLTV pool cap: 500 million DAI • USDe 91.5% LLTV pool cap: 200 million DAI • USDe 94.5% LLTV pool cap: 10 million DAI • sUSDe 77% LLTV pool cap: 1 billion DAI • sUSDe 86% LLTV pool cap: 200 million DAI • sUSDe 91.5% LLTV pool cap: 50 million DAI • sUSDe 94.5% LLTV pool cap: 10 million DAI ✔️ Approve TACO Resolutions If this executive vote passes, the TACO resolutions posted within QmUarSLBgfvCK5Mco2QS8UraSqwxWtK5jKiEbxDYxE1C4A will be approved: • Deployment of Dai to invest in Ethena Protocol's synthetic dollar products, with BlockTower Capital Advisors acting as the arranger, Coinbase as the custodian, and Ankura Trust Company as the paying agent. MKR holders and delegates now is the time to actively engage and shape the future direction of MakerDAO: Vote directly through the Executive Proposal: or Delegate your MKR to one or more Recognized Delegates:

𝐓𝐎𝐏 𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓 𝐅𝐈𝐑𝐌𝐒 𝐈𝐍 𝐂𝐑𝐘𝐏𝐓𝐎 𝐒𝐏𝐀𝐂𝐄 𝐁𝐘 𝐓𝐎𝐓𝐀𝐋 𝐑𝐀𝐈𝐒𝐄𝐃 𝐅𝐔𝐍𝐃𝐒 @polychaincap @BinanceLabs@a16z@PanteraCapital@dragonfly_xyz@AlamedaResearch@fenbushi@animocabrands@hashed_official@sequoia@TheSpartanGroup@multicoincap@coinfund_io@3arrowscap@jump_@DeFianceCapital@_rcapital_@FTX_Official@IOSGVC@coinbase@hypersphere_@DWFLabs@usv@Cryptocom_Cap@HashKey_Capital@DFG__Official@Delphi_Digital@MechanismCap@hiFramework@KeneticCapital@placeholdervc@galaxyhq@BlockTower@borderless_cap@1kxnetwork@OKX_Ventures@KR1plc@cmsholdings@OVioHQ@NGC_Ventures@digistrats_com@LD_Capital@ApolloCryptoAu@shimacapital@NorthIslandVC@Griffin_GP@TheDaoMaker@ivcryptofund@snzholding@GSR_io