Bonus post: Fundraising in the sector is picking up again, but remains far short of the heights of Q1 2022.

Flashbots Boys

South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto bull market trib.al/OLZA9rB

Scoop! From Hannah Miller and Olga Kharif.

BlockTower Capital recently informed limited partners that it suffered losses in a hack. The firm has hired blockchain analysts to try to track the missing funds down.

Crypto VCs are extremely sophisticated. They look for signals many will miss, like the word professor.

Scoop! Polychain Capital, Olaf Carlson-Wee’s crypto investment firm, is making sizable payouts to investors in two of its four venture capital funds.

The payouts come with crypto VCs under pressure to produce more in the way of tangible returns.

bloomberg.com/news/articles/…

Gensler slams media over crypto coverage. Finally, something he and crypto bros agree on.

marketwatch.com/story/secs-gen…

Bots responsible for 90% of stablecoin transactions (trillions of $).

Surprised this metric from Visa / Allium isn’t getting more attention among non-bots.

(From Emily Nicolle)