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Crypto Super PAC Fairshake takes top spot in funds raised

Fairshake PAC has raised more funds than any other Super PAC for the 2024 cycle, according to Federal Election Commission data compiled by OpenSecrets. The Fairshake PAC has raised nearly $203 million, edging out the Make America Great Again Inc. Super-PAC, which has raised approximately $201 million. The Super PAC has so far spent approximately $14.5 million, with the vast majority — around $10 million — spent against Katie Porter when she was running for Senate. This group has received broad support from the crypto ind US try, led by Coinbase, which has committed over $45 million to the organization, with an additional $1 million from Brian Armstrong , the chief exec and founder of Coinbase. Ripple has also committed $45 million, and $44 million has come from Ben Horowitz and Marc Andreessen, named partners for Andreessen Horowitz. While these firms have led the fundraising for this firm, they have been joined by many others, including Jump, Kraken, Circle, Parad...

BH Token stolen funds funneled into Tornado Cash

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Funds stolen in a prior exploit have reportedly been channeled into Tornado Cash, totalling an estimated 1,500 BNB now within the mixer. Deposits into Tornado Cash According to an Oct. 11 from Certik, an exploit occurred on BH Token (BlackHole token), resulting in an exploiter (0xFDb) acquiring $1.2 million USDT, which was later converted to BNB and deposited into Tornado Cash, an Ethereum-based privacy tool. #CertiKSkynetAlert The BH Token exploiter has deposited stolen funds into @TornadoCash So far, 1,500 BNB has been deposited into the mixer On 11th October, Black Hole token was exploited for 1.2m USDThttps://t.co/d9ZC6o2YsQ — CertiK Alert (@CertiKAlert) October 19, 2023 Now, in a follow-up development dated Oct. 19, the malicious actor responsible for the theft has channeled stolen funds into Tornado Cash, has deposited a total of 1,500 BNB into the mixing service so far.  A subject of another alert Unfortunately, this is not the first time that Tornado Cas...