Onchain clown of the month: A Cardano holder swapped 14.4M ADA ($6.9M) for 847K USDA (Cardano stable pegged to USD) two hours ago and lost $6.05M due to low liquidity causing the price to sharply spike temporarily. Previously the funds sat dormant for ~5 years

Address
addr1qy5lcrk497pg88xkfgwxp2v9y328g3j87tvq3sefpkmg7n7nst5js3fzwl4cm8g46fm6unayaet8yfcw5kp3jkjy0tdsr4x534

Community Alert: Be careful of a fake Hyperliquid app on the Google Play Store.

None of these platforms seem to do a good job of filtering these scams out.

Theft address
0x8c12C21C394D9174c3b1a086A97d2C5523ABb8F5

Garden Finance was likely exploited for $10.8M+ on multiple chains.

An address related to the team sent a message onchain to the alleged exploiter offering a 10% whitehat bounty but has yet to comment publicly on the incident. All freezeable assets were quickly swapped.

Theft address
0x98BCc6c34A489CEfdD9DfA8d792CFEFb02Ea2D12
WZy4xxpqktWa1b6MPMRiWsD487CT8mDcapB6GufBJCH

Ironically a few days ago I pointed out on X how Garden Finance was ignoring victims for returning fees after an estimated >25% of their total activity for Garden Finance has related to stolen funds (Bybit exploit, Swissborg, etc)

Several week ago I applied to Octant to fund a longterm investigation impacting 30+ projects that will include a detailed article, X thread, and video.

The Octant Epoch 9 allocation window ends later today.

If you are a GLM holder please consider allocating your rewards to me below for this epoch:

https://octant.app/project/9/0xE74bbe83747ad12F24ecc5E9e4fAF7CFd7D487A2

Update: The epoch concluded thanks to everyone who allocated rewards to me.