Wrapped Bitcoin (WBTC)

I am also a Monarch enjoyooor, but to be fair:

Once you are in Monarch, you are essentially PvPing against all curators in the same market. This means that when the market has issues, curators compete with you.

Also, they can game utilisation ratios and rebalance more effectively.

Yes I do agree that direct access to some markets can give you higher yield, but you also need to know that you are your own curator in which you are massively uncompetitive.

What happened in Onchain in the last ~48h💾

● UXLink Exploiter swapped $WBTC to $ETH and then transferred to Tornado Cash.
UXLink Exploiter bought about 196.29 $WBTC with roughly 16.93M $DAI at an average price of $86,254 between September 2025 and January this year. On June 2, it sold all $WBTC for 8,102 $ETH at an average price of $80,947. Of this, 5,600 $ETH was deposited to @TornadoCash in 56 transactions. The wallet now holds 42.528 $ETH (about $76.2K).
https://t.co/73MUqgkWwq

● 99M $TSR was illicitly minted, causing a -99% crash.
A exploit occurred on the BSC project @TesseraDao. The exploiter illegally minted 99M $TSR and sold it for $2.4M, causing $TSR to plunge 99%. The sale proceeds were sent to @TornadoCash.
https://t.co/qE8V03CuyN ($TSR Exploiter)
https://t.co/OF5uBsGMc7 (CA)

● Mt. Gox transferred 10.306K $BTC ($739M) to an external wallet.
Mt. Gox resumed transfers after two months. The purpose of the transfer is unknown. However, such transfers are typically for settlement, and market participants tend to view this as likely leading to sell‑offs, so it is not good news. At the time of transfer, BTC was around $70,907; now it is $61,878, a drop of about 12.73%. No actual sell‑off occurred, and the receiving wallet still holds the BTC.
https://t.co/WhBZmWJWJ9 (Recipient)

● 204.3 $BTC moved from Tether's BTC reserve wallet to #Bitfinex.
Tether previously held 97.1K $BTC; after this transfer it holds 96.9K $BTC. The meaning of this transfer is unknown.
https://t.co/oO08FIhQkW (Tether Bitcoin Reserves)
https://t.co/sfRPBvSIBN (Bitfinex Deposit)

● Casascius $BTC holdings were awakened and moved.
Casascius are physical Bitcoin collectibles issued between 2011‑2013, known to contain denominations of 0.1, 0.5, 1, 5, 10, 25, 100, and 1000 $BTC. Each contains a Bitcoin private key; removing the hologram sticker allows the asset to be withdrawn.
https://t.co/vppWY9EHV9

● [💀] Kraken's L2 Ink chain network was once unstable.
According to @inkonchain, a network‑wide outage occurred and they are working with infrastructure partner Gelato to identify the root cause. All dApps on the Ink chain ecosystem were affected.
https://t.co/rR2xov0kBG

● [💀] FUD emerged claiming Zcash Mainnet block production stopped.
@Zcash's block time is roughly 75 seconds, which is normal. However, starting with Block 3364600, block production slowed and appeared to stop on explorers. @mert later clarified that the network wasn't stopped; it was a display error caused by some explorers connecting to a bad node. This is thought to be related to the recently discovered Orchard vulnerability and a pause of the Orchard pool. ZODL stated that Orchard pool transactions are not being mined, while Transparent and Sapling transactions continue. After this FUD spread, the price fell about 3.5% within two minutes.
Block 3364599 2026-06-03 04:00:47 (UTC)
Block 3364600 2026-06-03 04:29:00 (UTC)
Block 3364601 2026-06-03 05:27:48 (UTC)
https://t.co/e9QgtBBHMX

🟢[Gainer] $SEARXLY rose 3381% in just 4 hours 23 minutes.
Searxly is a privacy‑focused macOS browser built with SearXNG for local search. After developer @myrhex posted praising the “@grok Build” and noting a key role in Searxly’s development, @elonmusk reposted it. About 10 minutes after the repost, the token was issued and surged 3381% in 4 h 23 m, hitting a market cap of $707K. Current market cap is $183K.
https://t.co/wbmY2noZUS (CA)

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*This information is not financial advice, and you are always responsible for the investment.
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