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MAR
20
ZachXBT says he unmasked mysterious 50x Hyperliquid whale
By:
Cointelegraph by Alex O’Donnell
on
MAR
20
Onchain sleuth ZachXBT said he had identified the mysterious whale who profited $20 million from highly leveraged trades on Hyperliquid and GMX as a British hacker going by the name William Parker. According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested last year for allegedly stealing around $1 million from two casinos in 2023. Parker also made headlines a decade ago for allegations of hacking and gambling, ZachXBT said.“It is abundantly clear WP/AP has not learned his lesson over the years after serving time for fraud and will likely continue gambling,” ZachXBT said.Source: ZachXBTRelated: Hyperliquid ups margin requirements after $4 million liquidation lossZachXBT said his findings are based on a phone number provided by a person who allegedly received a payment from the whale trader’s wallet address. He also said that public wallet addre
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MAR
20
‘Successful’ ETH ETF less perfect without staking — BlackRock
By:
Cointelegraph by Christopher Tepedino
on
MAR
20
BlackRock’s head of digital assets, Robbie Mitchnick, described the firm’s Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering.“A staking yield is a meaningful part of how you can generate investment return in this space,” Mitchnick said. “And all the [Ether] ETFs, of course, at launch did not have staking. So, if that is able to get resolved...”However, adding staking to Ether ETFs is no simple task, according to Mitchnick. “It’s not as simple as a new administration just green-lighting something, and then boom, we’re all good, off to the races,” he said. “There’s a lot of fairly complex challenges that have to be figured out, but if that can get figured out,
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