13h ago
ZachXBT flagged Axiom on February 23; 12 wallets profited $1.02M on Polymarket
On February 23, ZachXBT alleged Axiom Exchange staff misused internal data for insider trading. Roughly three hours before his report, two newly created wallets staked a combined $59,800 on a prediction market and netted about $109,000. According to Lookonchain, twelve addresses collectively gained approximately $1.02 million; Axiom said on February 26 it revoked access and began an internal probe.
13h ago
13h ago
TRM Labs: AI crypto fraud up 500%; Chainalysis sees 4.5 times revenue, 9 times deals
TRM Labs reports that AI‑enabled crypto fraud activity rose about 500% over the past year, with generative tools accelerating phishing, identity theft, and laundering. Chainalysis says these operations earn 4.5 times more per scheme and generate 9 times more daily transactions than non‑AI scams. Recent incidents include large holder losses and U.S. seizures linked to pig‑butchering rings.
13h ago
13h ago
Foom.Cash exploit drains 24.28T FOOM tokens and about $2.26M across Ethereum and Base
On February 26 2026, Foom.Cash, an Ethereum-based privacy protocol promoted as an evolution of Tornado Cash, suffered an exploit that led to losses of roughly $2.26 million in tokens. An attacker allegedly abused a misconfigured Groth16 zkSNARK verifier across Ethereum and Base, enabling forged proofs that drained 24.28 trillion FOOM tokens, with about $427,000 taken by the exploiter and around $1.83 million shifted in a white-hat rescue. The team has not yet publicly outlined remediation steps or the full impact.
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13h ago