Adam Forsyth

Garrett Jin Ethereum whale moves $1.35B to Binance

Ethereum whale Garrett Jin moved 577,896 ETH worth $1.35 billion to Binance over four days, per Lookonchain. Summary Garrett Jin transferred his entire 577,896 ETH position to Binance over four days, accumulating an estimated $1.3 billion in unrealized losses. Jin originally swapped Bitcoin for ETH eight months ago at around $4,591, well above the current…

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SoFi Technologies acquires most assets of PrimaryBid, ending UK fintech’s independence

SoFi Technologies is buying the majority of assets from British fintech PrimaryBid, a move that effectively ends PrimaryBid’s run as an independent company. The acquisition, announced on May 11, centers on PrimaryBid’s directed share program, the core technology platform that once made the UK startup a darling of pandemic-era capital markets. Financial terms were not…

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Poland debates four crypto bills at once as ban proposal complicates vote

Poland’s Sejm is reviewing four rival crypto bills while the PiS opposition dangles a separate ban proposal, turning MiCA implementation into a high‑stakes regulatory brawl. Summary The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice. The…

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Ethereum Foundation unstaked 21,270 ETH as treasury activity draws attention

The Ethereum Foundation has withdrawn more than 21,000 ETH from Lido staking weeks after carrying out earlier unstaking activity and multiple OTC treasury sales tied to operational funding. Summary Ethereum Foundation withdrew 21,270 ETH from Lido weeks after earlier unstaking activity and OTC treasury sales. Recent Ethereum Foundation grants continued funding work tied to zero-knowledge…

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