The wallet linked to Infini’s $50 million exploit reactivated after months of silence to buy the Ether dip amid a broader market downturn. A wallet linked to the $50 million Infini exploit has become active again nearly a year after the breach, snapping up Ether during last week’s market downturn before routing the funds through a crypto mixing service. The Infini exploiter-labelled wallet address bought $13.3 million worth of Ether (ETH) as the price dropped to $2,109 before sending the funds to crypto mixing protocol Tornado Cash, according to blockchain data platform Arkham. “He seems very good at buying low and selling high,” blockchain tracking service Lookonchain said in a Monday X post. Read more
TRM Labs says the $17.9 billion figure reflects gross onchain volume, including internal transfers, not confirmed illicit proceeds. A Chinese-language crypto guarantee marketplace known as Xinbi processed nearly $18 billion in onchain transaction volume despite platform bans and United States enforcement actions aimed at dismantling similar services, according to a new report from TRM Labs. The report said recent crackdowns — reshaped but failed to dismantle — a key layer in crypto-enabled laundering infrastructure. TRM’s analysis showed that Xinbi sustained on-chain activity after Telegram banned clusters of Chinese-language guarantee services in 2025. The report attributes Xinbi’s resilience to rapid migration to alternative messaging services and the launch of an affiliated wallet, XinbiPay. Onchain data showed wallet activity rebounded in January 2026 as users transitioned to the new setup. Read more
TON Pay’s new SDK lets Telegram Mini Apps accept Toncoin and stablecoins in a single, low-fee checkout flow, seeking to make TON a payments rail for its 1.1 billion monthly active users. The Open Network Foundation has launched TON Pay, a new payments software development kit (SDK) designed to make cryptocurrencies usable for everyday consumer transactions within the Telegram ecosystem. In a Monday release shared with Cointelegraph, the product is positioned as a simple, wallet-agnostic payment layer that allows merchants and Mini App developers to accept crypto directly through Telegram, aiming to turn the app into a hub for seamless blockchain-based commerce. According to the TON Foundation, TON Pay provides developers with a single software kit that integrates with Telegram Mini Apps, removing much of the friction associated with managing wallet infrastructure, settlement, and checkout flows. Read more