eisen

According to Fortune magazine, Eisen announced the completion of a $10 million Series A financing round, led by MissionOG, bringing its total funding to $18.5 million. Previously, the company completed an $8.5 million seed round, led by Index Ventures, which had not been publicly disclosed. Institutions such as First Round Capital, Cowboy Ventures, Homebrew, and Restive Ventures also participated.Eisen provides a service to financial service platforms for handling the "unclaimed property transfer" process, while also helping to locate clients and prevent funds from being transferred to state governments in the U.S. after becoming unclaimed. The company's co-founder Osgood (formerly a product manager at Coinbase) is particularly focused on the field of crypto assets. An increasing number of states are beginning to view crypto assets as transferable unclaimed property. Although the amounts may be small individually, the overall scale is quite substantial: U.S. states collectively hold about $70 billion in funds through the escheatment mechanism, which are assets legally turned over to state governments after accounts have been inactive for a long time.

Arkham posted on the X platform that Avi Eisenberg, the attacker who profited approximately $110 million in 2022 by manipulating the price oracle of Mango Markets, has recently signed a transaction with his on-chain address, drawing widespread attention from the community.Avi Eisenberg previously exploited a vulnerability in Mango Finance to conduct "high-profit trades," and later threatened to attack Aave. He was also liquidated on Curve while attempting to liquidate others' positions, and was arrested and imprisoned after the incident. Now, his address has reappeared with on-chain activity, leading the market to speculate whether he has returned to the crypto market, although no further details have been disclosed yet.

According to Jinshi reports, U.S. Treasury Secretary Yellen stated that there are signs of weakness in certain areas of the economy, and therefore a rate cut is needed.

According to Jin10, U.S. Treasury Secretary Yellen stated that the Treasury Department and the IRS have released new guidelines regarding exchange-traded products for cryptocurrency. The guidelines provide a clear path for holding digital assets.

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basant stated that he does not advocate for the Federal Reserve to reduce its balance sheet or abandon the ample reserves system.

ChainCatcher news, according to Jinshi, U.S. Treasury Secretary Basent stated that the employment data shows that Trump's criticism of the Federal Reserve's slow actions is correct.The revised 2024 job positions may be reduced by 800,000.

ChainCatcher news, according to Jinshi, U.S. Treasury Secretary Basant stated in an interview that the Federal Reserve's interest rates should be 150-175 basis points lower than they are now, believing that there is a high possibility of a 50 basis point rate cut, possibly starting in September.He also mentioned that the Federal Reserve does not need to re-implement large-scale asset purchases (QE) and emphasized the need for reliable employment data. Analysts pointed out that the current likelihood of the Federal Reserve cutting rates by 50 basis points in September is almost zero and depends on the performance of the non-farm payroll report.

ChainCatcher news, according to Jinshi citing Global Network reports, U.S. Treasury Secretary Besant stated in an interview with Bloomberg Television on the 15th local time that the deadline for the U.S.-China tariff truce, originally set for next month, is flexible, and market participants need not worry about the deadline. The current negotiations between China and the U.S. are "in a good situation," and both sides are expected to hold talks in the coming weeks.

ChainCatcher news, according to CoinDesk, European cryptocurrency exchange Bitpanda announced on Wednesday that it has expanded its partnership with the Austrian bank Raiffeisen's subsidiary based in Vienna to provide cryptocurrency services to customers of 55 bank branches in the country.Earlier this week, Bitpanda stated that it will open an office in Dubai, making the UAE its first expansion location outside of Europe.

ChainCatcher news, according to CoinDesk, a Manhattan jury in New York has found Mango Markets attacker Avi Eisenberg guilty of fraud and market manipulation for stealing $110 million from Mango Markets in October 2022. U.S. District Judge Arun Subramanian is set to sentence him on July 29. Eisenberg was arrested in Puerto Rico in December 2022 and has been charged with commodity fraud, commodity manipulation, and wire fraud. If all three charges are upheld, he faces a maximum of 20 years in prison.

ChainCatcher news, according to Coindesk, the cryptocurrency trading platform Bitpanda has announced a partnership with Austrian investment bank Raiffeisen Bank International AG (RBI) to provide crypto lending services. The two companies have signed a letter of intent and will complete the evaluation of the offer by the end of the year.Raiffeisen Bank General Manager Michael Höllerer stated, "The partnership with Bitpanda aims to add innovative and secure aspects to our product range, allowing all customers to easily accumulate wealth." (source link)

ChainCatcher news, according to Bloomberg, Mango Markets attacker Avraham Eisenberg stated that he should not be required to repay more disputed funds, having returned $67 million of the $114 million in tokens obtained during the trading.Mango Labs, on the other hand, is requesting the Manhattan federal court to order Eisenberg to repay the remaining amount and claims that its settlement with Eisenberg should be voided as it was reached under duress. (source link)

ChainCatcher news, Mango Labs LLC has officially sued the attacker Avraham Eisenberg in Manhattan, demanding the return of the $47 million bounty for the vulnerability that was retained in the previous compensation proposal.Previously, ChainCatcher reported that the Solana ecosystem DeFi platform Mango was hacked in October 2022, with hacker Avraham Eisenberg illegally manipulating the collateral token prices to profit $114 million in just 20 minutes. Subsequently, the Mango community voted to approve a new proposal regarding the repayment of bad debt (Repay Bad Debt #2), allowing Avraham Eisenberg to keep $47 million as a bounty for the vulnerability, while the remaining $67 million in stolen tokens would be returned to Mango Labs, and Mango Markets would not pursue criminal charges in this case. (source link)

ChainCatcher news, according to Bloomberg, Mango Labs LLC has sued attacker Avraham Eisenberg in Manhattan. The trader made $114 million in 20 minutes by illegally manipulating the price of its cryptocurrency tokens on its exchange in October. Avraham Eisenberg agreed to return $67 million of that amount, while Mango seeks to recover the remaining funds.It is reported that Mango attacker Avraham Eisenberg was arrested in December in Puerto Rico and has been charged by the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission for manipulating the MNGO token. (Source link)

ChainCatcher News, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Avraham Eisenberg, the attacker of Mango Markets, for allegedly manipulating the decentralized trading market. The CFTC stated in the lawsuit that this is "a manipulative and deceptive scheme that artificially inflated the trading prices offered by Mango Markets."Avraham Eisenberg is currently in custody and faces criminal manipulation charges from the Department of Justice. Avraham Eisenberg has admitted to his actions but insists that everything was legal. (Source link)

ChainCatcher news, encrypted KOL Autism Capital tweeted that the arrested Mango attacker Avraham Eisenberg is currently represented by a public defender (court-appointed lawyer) and has been charged in the Southern District of New York, but was arrested in Puerto Rico. Before he pleads guilty, the judge needs to issue an order to transfer him to the Southern District of New York. He also impersonated a Ukrainian woman during KYC.Earlier reports indicated that Avraham Eisenberg was arrested in Puerto Rico on Monday and faces charges of commodity fraud and commodity manipulation, which could result in fines and imprisonment. (source link)

ChainCatcher News: The U.S. Department of Justice has arrested Mango Markets attacker Avraham Eisenberg in Puerto Rico and charged him with commodity fraud and market manipulation in the U.S. District Court for the Southern District of New York.The indictment shows that in October of this year, Eisenberg used oracle price manipulation techniques on Mango to extract $53.7 million in USDC, $3.2 million in USDT, and SOL, causing the price of Mango's native token MNGO to plummet by 50% to about $0.02 that day. (blockworks)

ChainCatcher news, according to Forbes, after the FTX-Binance trading crash, the mastermind behind the Mango exploit, Avraham Eisenberg, increased his short position on Tether (USDT) to $173 million, nearly three times his previous short position.It is reported that Eisenberg used the Compound platform, with $20 million USDC as collateral, and borrowed $173 million worth of Tether. Avraham Eisenberg stated that he shorted Tether out of concern that it might lose its peg after the collapse of the cryptocurrency exchange FTX. (Forbes)