relay

Cryptocurrency investment firm RockawayX announced the acquisition of the crypto hedge fund Relayer Capital to incorporate long-short strategies into its existing platform and expand its business footprint in the United States. RockawayX manages approximately $2 billion in assets, and Relayer will be renamed RockawayX Liquid Opportunities Fund, focusing on uncovering "undervalued liquidity tokens and crypto-related stocks." After the acquisition is completed, Relayer founder Austin Barack will serve as the chief investment officer of the fund, with Forbes citing informed sources that the company plans to raise $150 million for the fund.According to the announcement, Relayer's liquidity strategy has achieved approximately 70% net returns this year, outperforming a weighted basket of Bitcoin, Ethereum, and Solana by 86% as of August 21. The strategy expresses fundamental views on crypto tokens through long and short positions and pairs trading, while reducing overall market exposure at appropriate times. RockawayX CEO Viktor Fischer stated that now is the "right time" to implement this strategy, as there are crypto companies with real revenue and strong fundamentals emerging in the market, but inefficiencies and mispricing still exist, providing good opportunities for active investors.This transaction occurs amid a recent rebound in the crypto market, with Bitcoin recording its largest weekly dollar gain in history last week, dropping 1.68% to $79,064 in the past 24 hours after briefly reaching a high of around $81,000.

Across Protocol released a post-incident report on the Relayer security event. The attacker exploited a vulnerability in the Risk Labs Solana off-chain event reading software to fabricate 1,627 false recharge events with a total face value of approximately $41.7 million.The report states that the Relayer completed 581 reimbursements before pausing Solana services, involving about $4.5 million of its own funds, while the remaining approximately $37 million in false recharges have all been rendered invalid.This incident did not involve any smart contract vulnerabilities, and all user transfers were completed or fully refunded on the same day. Across Protocol stated that the losses were limited to the capital of Risk Labs' own relayers, with a net loss of less than $4 million after deducting approximately $500,000 in attacker funds. Currently, Solana's order flow has been completely routed through CCTP, and the ACX token acquisition plan remains unaffected.

The cross-chain interoperability platform Relay Protocol has issued a warning, stating that since the launch of the Ethereum Layer 2 network Robinhood Chain based on Arbitrum on July 1, a large number of honeypot scam tokens have emerged. After users purchase these tokens, they automatically disappear from their wallets, and the funds cannot be recovered. Relay Protocol clarified that this is not due to a breach of wallet infrastructure; users' private keys and other assets remain secure, and the malicious logic exists only within the scam token contracts themselves.The typical operation of honeypot tokens allows users to buy in but prevents selling through hard-coded rules, or automatically transfers funds to the attacker's wallet. Some users have reported that a certain token contract uses hidden storage mappings to bypass standard ERC-20 security checks to steal assets.Relay Protocol stated that it is blocking discovered scam tokens and verifying safe tokens, advising users to only trade tokens verified by trusted sources, to verify contract addresses before trading, and to test with small amounts of funds first. The platform pointed out that attracting scammers in the early stages of a new chain launch is not an issue unique to Robinhood Chain; similar situations have occurred with other L1 and L2 chains upon their launch.

According to Arkham data, at 18:22, 355.06 BTC (worth approximately 23.76 million USD) was transferred from one anonymous address (starting with bc1qugxl6...) to another anonymous address (starting with bc1qw3397...). Subsequently, that address transferred a portion of the BTC (0.067185 BTC) to Coinbase.

According to Arkham data, at 13:40, 355.1 BTC (worth approximately 23.75 million USD) was transferred from one anonymous address (starting with 3CgfYbVV...) to another anonymous address (starting with bc1q08cy...).

According to Arkham data, at 12:23, 0.09 BTC (worth approximately $6010) was transferred from one anonymous address (starting with 3D5zf6c...) to another anonymous address (starting with 3C65fYq...). Subsequently, the address transferred 0.09 BTC to Binance.

According to Arkham data, at 11:45, 355.11 BTC (worth approximately $23.7363 million) was transferred from one anonymous address (starting with bc1qhwlc3...) to another anonymous address (starting with bc1qjq8rmm...).

According to Arkham data, at 05:22, 355.32 BTC (worth approximately 23.76 million USD) was transferred from one anonymous address (starting with bc1q9q5k...) to another anonymous address (starting with bc1qgpw...).

According to Arkham data, at 03:05, 355.34 BTC (worth approximately $23,747,800) was transferred from one anonymous address (starting with 3L9yW...) to another anonymous address (starting with 1FjQj...). Subsequently, that address transferred a portion of the BTC (0.004 BTC) to Coinbase.

According to Arkham data, at 23:32, 355.36 BTC (worth approximately 23.78 million USD) was transferred from one anonymous address (starting with bc1qfz68v...) to another anonymous address (starting with bc1qyf9jv...).

According to Arkham data, at 14:31, 355.51 BTC (worth approximately 23.68 million USD) was transferred from one anonymous address (starting with bc1qfjk9c...) to another anonymous address (starting with 32aVYonV...). Subsequently, that address transferred 0.001 BTC to Coinbase.

According to Arkham data, at 13:38, 38.9 BTC (worth approximately $2.5352 million) was transferred from an anonymous address (starting with 168Bv...) to Cumberland DRW. Subsequently, Cumberland DRW transferred 37.93 BTC to another anonymous address (starting with bc1qkg...).

According to Arkham data, at 12:28, 452.3 BTC (worth approximately 30.14 million USD) was transferred from one anonymous address (starting with bc1qukuy4...) to another anonymous address (starting with 3PKEB25k...). Subsequently, that address transferred 452.3 BTC to another anonymous address (starting with bc1q7depg...).

According to Arkham data, at 10:50, 2002.14 BTC (worth approximately 133 million USD) was transferred from one anonymous address (starting with bc1q84xkn...) to another anonymous address (starting with bc1qcdq42...). Subsequently, the address transferred a portion of the BTC (0.00274022 BTC) to Bybit.

According to Arkham data, at 09:34, 452.33 BTC (worth approximately 30.2487 million USD) was transferred from one anonymous address (starting with 34T18a...) to another anonymous address (starting with bc1q3c...).

According to Arkham data, at 08:46, 452.34 BTC (worth approximately 30.22 million USD) was transferred from one anonymous address (starting with bc1qqzcw...) to another anonymous address (starting with 383Sawi...). Subsequently, that address transferred a portion of the BTC (0.00076347 BTC) to Coinbase.

According to Arkham data, at 06:41, 452.35 BTC (worth approximately 30.28 million USD) was transferred from one anonymous address (starting with bc1q3e...) to another anonymous address (starting with bc1qaf...).

According to Arkham data, at 02:07, 1,510 BTC (worth approximately $66.62 million) was transferred from one anonymous address (starting with 3E8T3F...) to another anonymous address (starting with bc1q6cc...). Subsequently, that address transferred 998 BTC to another anonymous address (starting with 3NLyFi...).

According to Arkham data, at 16:37, 112.2 BTC (worth approximately $14.4169 million) was transferred from one anonymous address (starting with bc1q02k...) to another anonymous address (starting with bc1qcwr...). Subsequently, the address transferred 112.2 BTC to Bitstamp.

According to Arkham data, at 15:02, 452.47 BTC (worth approximately 30.15 million USD) was transferred from one anonymous address (starting with 3Hedn9...) to another anonymous address (starting with bc1qln...).