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Single Solana investor dumps $100 million SOL in 2024; More to go

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Solana (SOL) is one of the most successful cryptocurrencies highly funded by venture capitalists (VCs) through private investment rounds. However, its supply is still concentrated in a few whales and institutions, who occasionally dump their holdings on the market. In particular, the on-chain analyst behind Lookonchain identified an entity that has been constantly selling Solana tokens throughout the year. Consolidated in two addresses, this whale or institution has sold 695,000 SOL worth $99.50 million in 2024. As Lookonchain reported, these addresses have been selling a weekly average of 19,306 SOL, worth $2.76 million. The whale still has 1.88 million SOL staked in Solana’s protocol for a nominal value of $255.89 million. Picks for you Phil Murphy's net worth revealed: How rich is the Governor of New Jersey? ...

There’s a Russian market selling faces for BTC to bypass KYC

Online Russian vendors are promoting so-called ‘face fraud’ by selling anonymous headshots to fraudsters who want to bypass the know-your-customer ( KYC ) checks of crypto exchanges and other services. As reported by 404 Media, sellers are uploading images and videos of random, nameless citizens in exchange for Bitcoin . Fraudsters then buy these images and use them on their accounts as a means of attaching a fake identity for KYC purposes. One site, called Fotodropy Store, lists images attached to a single person for 1,390 Russian rubles ($16). The site offers various demographic options including the option to specify the gender and age of their face model.  To verify how this service works, we bought a set of videos/photos from the underground service. You select the person you want, look at a preview, pay ~$30 in BTC. Here is one of the videos. You could use to bypass a liveness check when making account https://t.co/3vjw2EOupi pic.twitter.com/PHngkxZ2vT — ...