Arkham | Crypto

The Kelp DAO attacker has moved $175 million of stolen Ether in an apparent bid to start laundering it after the $290 million exploit. The attacker behind the roughly $290 million Kelp DAO exploit began moving tens of thousands of Ether to newly created blockchain addresses on Tuesday, in what appears to be an effort to start laundering the stolen funds. The wallet tagged by Arkham as linked to the Kelp DAO exploit moved about 75,700 Ether (ETH) worth roughly $175 million across three transactions on Tuesday, including a 25,000 ETH transfer to one newly created address and transfers of 50,700 ETH and 0.7 ETH to another. Blockchain investigator ZachXBT wrote in a Tuesday Telegram post that addresses tied to the exploit had begun moving funds through THORChain and Umbra. He flagged three THORChain transactions totaling about $1.5 million and a separate $78,000 transfer through Umbra. Read more

Arkham claimed that the transfers were intended “presumably to sell,” though neither Cameron nor Tyler Winklevoss has commented on the move.

Grayscale shifts 40,000 ETH as it eyes staking, potentially making it the first US Ethereum ETF sponsor to test SEC clarity on staking rules. Cryptocurrency asset manager Grayscale is preparing to stake part of its massive Ether holdings, a move that could signal confidence that US regulators will soon permit staking within exchange-traded products. Onchain data from Arkham Intelligence showed Grayscale transferred more than 40,000 Ether (ETH) on Thursday, activity consistent with positioning for staking rewards. Arkham noted that if confirmed, Grayscale would be the first US Ethereum ETF sponsor to stake its holdings. Grayscale’s Ethereum Trust (ETHE) manages more than 1.06 million ETH, valued at over $4.8 billion. The firm launched ETHE in 2017 as a private placement vehicle, and in 2024 rolled out the lower-cost Ethereum Mini Trust (ETH) through a partial spin-off of ETHE’s assets. Read more

Arkham says the massive Bitcoin whale transfer might be due to a wallet upgrade, but others in the industry have their own theories. Blockchain intelligence firm Arkham says the recent $8.6 billion in Bitcoin that was moved on Thursday for the first time in over 14 years doesn’t appear to be heading for a sell-off. “There are no indications that this whale is selling Bitcoin,” Arkham said in an X post on Friday. Arkham added that the eight transfers — which moved 10,000 Bitcoin (BTC) at a time from eight wallets that were untouched for over 14 years — may be possibly due to the owner upgrading from the original legacy wallet to a Native SegWit address, which is said to have improved security and lower fees. “Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses,” Arkham said. Read more

Geneva, Switzerland, July 3 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps), proudly participated as a WAGMI Sponsor at the Ethereum Community Conference (EthCC), held from June 30 to July 3 in Cannes, France. As Europe’s largest annual Ethereum-focused event, EthCC […] The post TRON DAO Joins EthCC as WAGMI Sponsor, Co-Hosts Events with MetaMask and Arkham appeared first on CryptoSlate.

Arkham has risen 6.5 % in 24 hours and 50 % this month, driven by a U.S. exchange linking its AI analytics with trading access. New wallet-tracking for major X accounts has boosted sentiment, but its $190 M valuation remains below peers, leaving upside toward the $1.79 technical target. The post Arkham ($ARKM) Sees 50% Monthly Gain: Can the Blockchain Intel Token Hit $1.79? appeared first on Cryptonews.