RaaS #633: James Wynn Round Trips $100M to $900 shorting BTC

Drift's $285M, Saylor Buy Signals Begin, Anthropic Debates: GM Web3!

Drift Exploit, Chaos Labs parts with Aave, Increase in Anthropic and OpenAI IPO Odds, and Moar!

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Drift Protocol confirms its April 1 exploit was a six-month infiltration operation, attributed with medium-high confidence to North Korean state-affiliated group UNC4736.

Virtuals Protocol launches Eastworlds, an Embodied AI Accelerator. The facility houses 30+ robots, real-world testing environments, and teleoperation tools designed to help teams move from lab to deployment faster. Is robotics sustaining the old Crypto x AI wave?

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Security researcher Taylor Monahan reveals North Korean IT workers have infiltrated over 40 DeFi platforms across the past seven years. A sustained, systematic operation embedding operatives deep inside the protocols themselves.

ZKsync launched Prividium, a platform for institutions built on Ethereum's security layer. Transaction data stays offchain while every operation gets anchored to Ethereum via zero-knowledge proofs. Privacy, compliance, and full data control without leaving the Ethereum ecosystem.

Still waiting for that 7-figure partner changing money.

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Top Gainers: PLAY, RED, PCI, APR, SUPER, NOS, QUAI.

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The odds for Anthropic to go public this year have seen a sharp rise as Polymarket signals an IPO soon.

Chaos Labs steps down as Aave DAO risk manager after disagreements over an $8M budget and sole risk manager status. LlamaRisk will absorb the workload with Aave Labs engineering support to ensure no disruption.


James Wynn, one of crypto’s most watched traders, has been liquidated shorting Bitcoin. The PnL has now round tripped from over $100M down to $900. Always take your profit lads.

That’s all for today and btw, we apologize for the small hiatus last week. We hope you all had a great Easter. See you tomorrow!