[Forgd Founder Warns of Information Asymmetry and Front-Running Spreading to DAT Products] Shane Molidor, founder of blockchain consulting firm Forgd, stated that information asymmetry and front-running activities are expanding from the token market to institutional investment products like DAT. Initially, DAT primarily invested in highly liquid, large-cap tokens such as Bitcoin. However, as competition intensifies, some products have shifted to smaller-cap, less liquid tokens in pursuit of higher returns, which increases their risk of manipulation. Additionally, during the fundraising process for DAT, insiders may gain prior knowledge of token purchase plans, enabling them to engage in front-running on the secondary market for profit.

[Dormant Ethereum ICO Address Transfers Nearly $120 Million in ETH to New Wallet After 10 Years] According to monitoring by Lookonchain, a dormant Ethereum ICO address (0x2dCA) that has been inactive for over 10 years became active today. It first transferred 5 ETH (approximately $15,000) to a new address as a test, and subsequently transferred the remaining 39,995 ETH (approximately $119.4 million) to a new wallet (0x2602). This address originally purchased 40,000 ETH during the ICO phase for approximately $12,400, yielding a return of about 9,639 times based on the current price.

On chain data shows that an Ethereum ICO participant transferred 40000 ETH, currently worth approximately $120 million (Onchain Lens), after a hiatus of 10.3 years. The address only invested $124400 during the ICO and has now grown in value to $120 million, with a return rate of 9633 times. The funds have been transferred from the address 0x2dca0e449ab646bdfd393a96662960bcab5ae1e1e to the new address 0x26021abdd34df672fed798cf5a2e98190d22aaa8 (Onchain Lens).

[Arthur Hayes Claims Tether Is Purchasing Gold and Bitcoin in Anticipation of Rate Cuts, Asset Decline Could Lead to USDT Bankruptcy] BitMEX co-founder Arthur Hayes posted on the X platform, stating that the Tether team is engaging in large-scale interest rate trades based on the expectation that the Federal Reserve may cut rates, which would significantly reduce its interest income. To mitigate this risk, Tether is purchasing gold and Bitcoin, theoretically aiming for these asset prices to rise when currency prices fall. However, if the value of gold and Bitcoin holdings drops by approximately 30%, Tether's equity could be wiped out, and USDT would theoretically face bankruptcy. He also mentioned that some major holders and exchanges might demand real-time access to Tether's balance sheet to assess its solvency risks.

On chain data shows that an address that participated in the Ethereum ICO in 2015 and obtained 40000 ETH ended its ten-year dormancy 20 minutes ago, and tentatively transferred 5 ETH (approximately $15000). The address purchased 40000 ETH for $12440 at the time (ICO price of $0.311 per coin), with a total value of approximately $120 million and an appreciation of 9646 times. (Ashes)