Interpol still hasn’t listed LIBRA creator Hayden Davis as a wanted person

Interpol still hasn’t listed LIBRA co-founder Hayden Davis as a wanted person on its Red Notice database, despite reports from crypto analyst Bubblemaps. 

Bubblemaps claimed Davis was “on an Interpol notice,” in a Saturday X post detailing his link to the Jordan Belfort-inspired WOLF token. The self-proclaimed “Wolf of Wall Street” has been rumored to be launching a token for the past week.

Multiple crypto news outlets subsequently cited Bubblemaps’ post in their reporting of Davis’s Red Notice. However, a search for Davis on the Interpol Red Notice website currently shows that, if a notice is in place, it’s yet to be publicly listed by Interpol. 

Only last week, Argentinian lawyer Gregorio Dalbon requested a judge order a Red Notice and international arrest warrant. Dalbon claimed that Davis may try to evade justice by fleeing the US or going into hiding.

Read more: Lawyer wants Hayden Davis arrested, says Milei’s sister is LIBRA “mastermind”

Bubblemaps said, “Why would Hayden do this? Maybe he thought no one would trace it back to him.”

WOLF crashed 99% from a $40 million market cap after being reportedly sniped in a similar fashion to another crypto token launched by Davis. Bubblemaps also tracked the funds going into the WOLF creator’s account to a crypto address owned by Davis

Davis is linked to the sniping, insider trashing, and crashing of various memecoins, including the official MELANIA token. Both he and Argentinian president Javier Milei are facing a lawsuit over the launch of LIBRA which caused fights to break out in parliamentary proceedings last week. 

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Hyperliquid trader ‘Tether FUD’ leverages 40X to short bitcoin

A trader on Hyperliquid named “Tether FUD” went viral over the weekend for taking on considerable leverage for a bearish bet on bitcoin (BTC). Quickly nicknamed the “HyperBearWhale,” counterparties came close to liquidating their 40X leveraged short worth over $330 million.

Just in time, the whale added $5 million of collateral to lift and save its position from liquidation.

By Sunday night, the trader’s portfolio had increased to $21 million as their margined bet swelled to $450 million. Its single perpetual futures bet had paid off an impressive $3.5 million within just 24 hours.

Still open as of that time, Tether FUD continued to ride the trade. Profit and loss (PnL) ticked up and down by hundreds of thousands of dollars each minute.

Actively managing the short BTC position, the leveraged trader modified their take-profit price target, increased collateral, and modified its leverage ratio. It added a relatively small, $2.3 million long position in the MELANIA memecoin.

Market observers mythologized the hyper-bearish whale, insisting they must be a fed or otherwise “knows something.”

By Sunday night, Tether FUD’s portfolio had increased to $21 million as their margined bet swelled to $450 million.

Tether FUD notching up the Hyperliquid leaderboard

According to the original definition, a “whale” must possess over 1,000 BTC or $83 million. Colloquially, the term now vaguely describes a wide range of multi-millionaire traders. Tether FUD, whose portfolio was worth $21 million on Sunday night, technically qualifies as a dolphin.

In any case, the trader was far from the wealthiest on Hyperliquid, a platform where fund managers trade crypto and advertise their funds via leaderboards. Indeed, there are Hyperliquid “vaults” (a euphemism for hedge funds) whose “leaders” manage billions of dollars.

In contrast, Tether FUD manages a personal portfolio worth just $21 million.

Read more: Are North Korean hackers liquidated on HyperLiquid planning something?

On Sunday, marked by a lull in post-NFL football sports betting, restless speculators suggested “whale hunting” the HyperBearWhale to forcibly liquidate the short position. They invoked WallStreetBets and broadcasted rallying cries for a coordinated pump of BTC’s price.

CBB, a self-described liquidity provider, claimed Justin Sun was interested in the whale hunt.

As of Sunday night, there was little detail about the trader beyond the display handle. The Tether FUD name is a historical reference to a recurring series of fear, uncertainty, and doubt about the alleged price impact of USDT mints on the price of BTC.

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5TARS.io Moves to Concordium Layer 1 Blockchain

This move aims to harness Concordium’s scalable infrastructure. This will provide the platform with enhanced features like age verification and geo-fencing. These features are key for expanding globally.

The migration will allow 5TARS to host a wide range of games. This includes its flagship 5TARS Football Game, and future releases, under the security, privacy, and performance benefits offered by Concordium.

5TARS.io CEO Emphasizes Growth with Concordium Migration

“Moving to Concordium gives us a permanent home for launching innovative games that will engage and excite our growing community of players,” said Borja Burguillos, CEO and Founder of 5TARS.io. The platform, known for its sports fantasy games enriched by NFT-based collectibles, allows fans to earn rewards, trade digital assets, and interact with sports they love.

The migration will bring more than just technical upgrades. 5TARS.io’s existing games, including football match predictions, AI-driven picks, and collectible football cards, will benefit from improved scalability. Players will also be able to enjoy smoother experiences, opening the door to a wider global audience. 5TARS.io is also preparing to launch new games, such as a cricket game for India and the popular Starzplay MENA cricket game, which debuted last month.

5TARS.io Grows with Concordium Migration

With over 250,000 registered users and 20,000 monthly active users in its football game alone, 5TARS.io is no small player in the Web3 sports space. Players have joined more than 1.7 million arenas and traded 45,000 NFTs. During Euro 2024, the platform saw peak activity, attracting 45,000 active players. This momentum is expected to grow as the platform migrates to Concordium, whose scalable infrastructure and privacy-focused solutions are designed to meet the demands of modern decentralized gaming.

“We’re excited to support 5TARS.io as they take the next step in their journey, unlocking new opportunities for player ownership and fan engagement,” said Mike Milner, Chief Commercial Officer of Concordium. With Concordium’s high-performance capabilities and regulatory-friendly approach, 5TARS.io plans to overcome key challenges like scalability and compliance, enabling a smooth ride into the future of Web3 gaming.

Disclaimer

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