Crypto scam sparks liability fight

ETH pivot drives spike but risk flags rise

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BitMine’s 3,000% surge turns heads but read the fine print. Tom Lee’s BitMine just soared a mind-bending 3,000% after unveiling an Ethereum treasury pivot, a bold strategy that’s rewriting the playbook for crypto reserves. But with Sharplink’s simultaneous plunge waving a bright red caution flag, investors can’t ignore the question: When does “too good” become risky?

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CRYPTO WORLD

🕰️Old Bitcoins, new questions

“14 years of silence. Then $1B moves overnight.”

This week, multiple Satoshi-era Bitcoin wallets dormant for 14 years, suddenly sprang to life, each moving over $1 billion worth of BTC.

It’s the stuff of crypto legend: coins mined when pizza cost 10,000 BTC, now commanding mind-bending sums. But the real signal for founders and investors? Long-term conviction and sudden liquidity.

💡What this hints at?

1️⃣Diamond hands or hidden risk?
Some believe these wallets belong to early miners who never sold, true believers or early adopters who lost keys. Now, their sudden moves spark speculation: profit-taking, cold storage shuffle, or new custodial strategies?

2️⃣Market impact is real.
Massive transfers can rattle traders and algorithms. The news alone moved Bitcoin’s price needle, proof narrative still drives volatility.

3️⃣Trust the timeline.
In crypto, real wealth is still built by surviving cycles, not chasing pumps. This wake-up call reminds new founders: can your project endure 14 years of tech evolution, regulation, and sentiment shifts?

MARKET MOVERS

🔓Unchained: XRP has officially broken its chains, while Ethereum just pulled off its biggest breakout since May. Even Dogecoin, long the punchline of meme traders, is flashing a real bullish signal for the first time in months.

🛡️Fortress: Bitcoin is quietly transitioning into a safe haven asset, with its volatility chart hitting levels not seen in years. For investors battered by macro storms, this newfound stability feels like gold’s digital cousin.

CRYPTO FRONTIER

Japan's Mount Fuji in the Background. Image: Decrypt/Shutterstock

🤝Alliance: The UK and Singapore just struck a groundbreaking AI and tokenization agreement, unveiled during high-stakes London talks. This cross-border pact could redefine how digital assets and smart contracts flow between global financial hubs.

💼War chest: Amber International just secured a hefty $255 million war chest, doubling down on its $100M crypto reserve strategy. With institutions hungry for robust digital asset backstops, this aggressive expansion could reshape how corporate treasuries handle crypto.

📜Capitol: Washington’s getting crypto fever, Republicans have declared a full-blown ‘Crypto Week’ to debate three pivotal crypto bills. From stablecoin frameworks to DeFi guardrails, the outcome could either turbocharge innovation or tie it in red tape.

💻Ripple: Japan’s digital-first Minna Bank just teamed up with Fireblocks to study issuing stablecoins on Solana, a bold step that could ripple through Asia’s conservative banking sector. If successful, this could transform how everyday users move yen on-chain. Are Japanese banks ready to go full crypto-native?

CRYPTO SPECIAL

⚖️$20M scam, 2 banks, and the next liability fight

“When fraud strikes, who do we blame?”

A fresh crypto scam twist: a victim of a $20 million fraud claims two more banks are liable for letting the scheme slip through.

Why this matters for startup builders in crypto, fintech, or compliance?

1️⃣Trust gaps = opportunity.
Victims turning to banks for redress highlights a trust vacuum in crypto rails. Startups that bridge TradFi oversight with DeFi transparency are in prime position to solve this.

2️⃣Regulators are watching.
Cases like this push lawmakers to tighten KYC/AML requirements and banks to rethink customer due diligence for crypto on-ramps. Expect stricter checks, more data sharing, and new friction points.

3️⃣Whose fault, really?
It’s a messy web: scammers, unwitting banks, victims ignoring red flags. As founders, we must design systems that minimize human error and automate checks that catch bad actors early.

🧩 The bigger lesson: the next wave of crypto trust tech won’t just be wallets or exchanges, it will be the invisible guardrails that help users not lose millions.

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