On September 8, the crypto safety and good contract auditing agency Certik revealed that 500,000 DAI was despatched by the Twister Money mixing platform after the funds had been stolen in August 2021. The digital belongings initially stemmed from the DAO Maker breach that noticed the lack of greater than $7 million in ERC20 tokens and stablecoins.
Regardless of the U.S. authorities banning the Ethereum-based mixing utility Twister Money, the applying continues to be used often. On Thursday, the crypto safety firm Certik tweeted at 7:30 p.m. (ET) concerning the motion of DAI. “We’re seeing a motion of 500,000 DAI to Twister Money from EOA 0x0B789,” Certik said. “The deal with is immediately related to the DAO Maker exploiter who stole funds from [the DAO Maker]. Keep protected on the market.”
DAO Maker is a crowdfunding decentralized finance (defi) utility and isn’t the identical venture as Makerdao, the issuer of the stablecoin DAI. The crypto-fueled fundraising protocol DAO Maker was hacked in August 2021, in accordance with an ask-me-anything (AMA) occasion that includes DAO Maker’s CEO Christoph Zaknun. The hackers had been capable of siphon $7 million in ERC20 tokens and stablecoins from 5,251 consumer accounts. On the time, the blockchain agency Cipherblade detailed it was conducting an investigation into the DAO Maker exploit.
Along with Certik, the crypto safety agency Peckshield confirmed that 500,000 DAI stemming from the August 2021 DAO Maker exploit was despatched by Twister Money. “Peckshield has detected the deal with labeled as DAO Maker exploiter has transferred 500K DAI to Twister Money,” the Peckshield alert system on Twitter noted. It’s been 32 days because the U.S. Treasury Division’s watchdog the Workplace of Overseas Asset Management (OFAC) banned Twister Money.
OFAC’s transfer to ban Twister Money was met with criticism towards the Treasury Division’s resolution. The non-profit that focuses on coverage points, Coin Heart, stated on August 15 that OFAC’s Twister Money ban “exceeds statutory authority,” and stated the group deliberate to “have interaction” with the Treasury watchdog. Moreover, Coinbase introduced on September 8, that the corporate is “funding a lawsuit introduced by six folks difficult the U.S. Treasury Division’s sanctions of the Twister Money good contracts.”
What do you concentrate on the five hundred,000 DAI shuffled by the Twister Money platform stemming from the DAO Maker venture? Tell us what you concentrate on this topic within the feedback part under.
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Former US President Donald Trump has disclosed nearly $60 million in income from his involvement in a cryptocurrency venture, shedding light on how he and his family continue to benefit from the digital asset industry. The Financial Times reported on Friday that Trump’s annual financial disclosure reveals $57.4 million earned through World Liberty Financial (WLF), a cryptocurrency enterprise backed by Trump alongside his sons Donald Jr. and Eric.
The detailed filing, exceeding 200 pages and published by the US Office of Government Ethics, shows Trump holds 15.75 billion governance tokens in WLF, granting him substantial voting rights in the operation. The cryptocurrency venture stands as one of Trump’s largest income sources, alongside revenues from books and real estate investments.
Trump’s financial ties to the crypto sector have drawn increasing scrutiny amid ongoing concerns about potential conflicts of interest. The White House did not immediately respond to requests for comment on the disclosures.
World Liberty Financial revealed in January that it had successfully sold 21 billion tokens during a public sale, reaching its target of raising $1 billion. Notably, a 2024 filing with the US Securities and Exchange Commission identified Trump’s special envoy, Steve Witkoff, as a “promoter” of the WLF project.
Trump’s vocal support for cryptocurrencies has helped drive market enthusiasm, pushing bitcoin prices above $100,000 per coin. Under SEC Chair Paul Atkins, several high-profile crypto-related legal cases have been dropped, further easing regulatory pressure on the industry.
Additionally, Trump has actively promoted his own $TRUMP memecoin via social media and hosted a gala last month honoring its major holders. The Trump family media company recently announced plans to launch an exchange-traded fund (ETF) directly holding bitcoin and revealed intentions to raise $2.5 billion to establish a “bitcoin treasury.”
At a bitcoin conference in Las Vegas last May, Eric Trump and Donald Trump Jr. praised cryptocurrencies as “cheaper,” “faster,” “safer,” and “more transparent” than traditional fiat currencies, signaling the family’s continued commitment to expanding their digital asset footprint.
US President Donald Trump has released his financial statement. According to the document, he received over $600 million in income from cryptocurrencies, golf clubs, licensing and other businesses. This was reported by Reuters, writes UNN.
The financial declaration was signed on June 13 and did not contain information about the period it covers. At the same time, some data in the declaration suggest that it was until the end of December 2024, which excludes most of the money raised by the Trump family’s cryptocurrency ventures.
According to the publication’s calculations, Trump declared assets worth at least $1.6 billion in total.
He previously stated that he had transferred his businesses to a trust managed by his children, but the published data indicate that income from these sources still goes to the president, which has led to accusations of conflicts of interest.
Some of Trump’s businesses in areas such as cryptocurrency are benefiting from changes in US policy under his leadership and have become a source of criticism, Reuters writes.
One meme coin issued by the president earlier this year – $TRUMP brought in approximately $320 million in commissions, although it is not publicly known how this amount was distributed between the Trump-controlled organization and its partners.
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In addition to the meme coin commissions, the Trump family earned more than $400 million from World Liberty Financial, a decentralized financial company. In his declarations, Trump indicated $57.35 million from the sale of World Liberty tokens.
The American president’s fortune also includes a significant stake in Trump Media&Technology Group (DJT.O), which owns the Truth Social social network, the report said.
In addition to assets and income from his business projects, Trump declared at least $12 million in income in the form of interest and dividends from passive investments totaling at least $211 million, according to Reuters calculations.
Trump’s three golf resorts in Jupiter, Doral and West Palm Beach, and a private members’ club in Mar-a-Lago, brought Trump at least another $217.7 million in income. Trump National Doral, a large golf center in the Miami area, was the Trump family’s largest source of income – $110.4 million.
Trump also received royalties from various deals – $1.3 million from Greenwood Bible, the “only Bible officially endorsed by Lee Greenwood and President Trump”, and $2.8 million from Trump Watches, $2.5 million from Trump Sneakers and Fragrances.
According to Reuters, the declaration often only indicates ranges of asset and income values, and the lower limit was used for calculations, so the real value of Trump’s assets and income is most likely even higher.
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The cryptocurrency market offers hundreds of different investment options, but two of them control most of the action: bitcoin and ethereum. As recently as last year, the combined market cap of both platforms made up more than 70% of the global crypto market, according to U.S. News & World Report.
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So which is a better bet for investors? During a recent interview with CoinDesk, businessman and “Shark Tank” star Kevin O’Leary suggested his preference.
Also see five reasons you need at least one bitcoin.
O’Leary shared during the interview that his preference is bitcoin. “If you want exposure to crypto volatility, it’s bitcoin,” O’Leary said. “There’s a lot of people that say, ‘I don’t need anything else … I’ll just buy bitcoin.’ And they haven’t been wrong … I think it’ll be very hard to dethrone it.”
As for ethereum, O’Leary spent much of his time bemoaning its lack of speed and efficiency.
“Goodness, ETH is slow,” he said. “I’m sorry, but it’s slow, and I think a lot of people know that. And the more transactions get piled on it, it doesn’t get any better.”
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O’Leary has plenty of company in backing bitcoin over ethereum.
Part of bitcoin’s allure is that it has become a dominant crypto force in both size and name recognition. It has grown so big that it recently leapfrogged Google parent Alphabet to rank as world’s sixth-largest asset by market cap, The Market Periodical reported.
From a pure investment standpoint, bitcoin has definitely been the better bet recently. Its price is up about 12% in 2025 as of June 13 and has gained about 56% over the past year. In contrast, ethereum’s price is down about 23% in 2025 and has lost more than 27% over the past year.
If you’re new to crypto, it’s important to understand the differences between bitcoin and ethereum, because it’s not an apples-to-apples comparison.
As U.S. News reported, bitcoin’s network uses a proof-of-work verification system. Ethereum, on the other hand, uses a proof-of-stake system, which U.S. News called “less energy-intensive.” Additionally, the main purpose of bitcoin is to serve as a digital currency that’s an alternative to other currencies, while ethereum is a platform that runs smart contracts, U.S. News explained.
According to VanEck, a New York-based investment management firm, both bitcoin and ethereum have seen their prices fluctuate significantly over the years. Despite that, VanEck noted that bitcoin has been the outperformer, remaining more stable than ethereum.
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