Bitcoin24h $112,090.51-1.32%

Ethereum24h $4,083.11-1.84%

BNB24h $1,208.97-5.56%

XRP24h $2.49-2.77%

Solana24h $201.95-2.06%

Dogecoin24h $0.2028-2.53%

TRON24h $0.3169-1.25%

Cardano24h $0.6917-3.47%

Hyperliquid24h $38.94-5.99%

Chainlink24h $18.93-2.95%

Wintermute’s post-mortem ignored the biggest issues with Friday’s crash

Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it.

48% of Ethereum EIP-7702 uses linked to crime, says Wintermute

Before Ethereum activated EIP-7702 in May, researchers warned about major risks of theft and crime. Their predictions have come true.

As crypto prices fell over the past seven days and market caps shed billions of dollars, investors found the perfect scapegoat in Wintermute.

Wintermute claims fabulous profits from a nebulous assortment of sophisticated trading activities across the crypto industry.