Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
BTC Bulls Defend $90,000 – One Fed Spark Away from $100K Explosion 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
 Hacker Resurfaces, Now Offloading Millions in Ethereum - EconoTimes)
After selling $100 million worth of Shiba Inu (SHIB) months ago, the hacker tied to the WazirX breach is now offloading Ethereum (ETH). The latest move marks a continued effort to liquidate assets stolen during the breach, causing market disruptions.
Hacker Returns to Sell Ethereum After $100 Million SHIB Dump
In a recent 24-hour development, the hacker responsible for the breach of WazirX—one of the biggest cryptocurrency exchanges in India—reemerged as the criminal transferred 10,000 ETH, or $23.3 million.
To further obfuscate the stolen cash, the anonymous individual sent 5,000 ETH to Tornado Cash, an infamous privacy protocol linked to cryptocurrency laundering. They sent another 5,000 ETH to another address.
$30 Million in Ethereum Moved Over Eight Days
The hacker has reportedly laundered 12,600 ETH, or over $30.13 million, in the last eight days, according to U.Today. He now has an incredible 49,100 ETH, or $115 million, in his stockpile.
Following the huge WazirX breach at the end of July, in which different cryptocurrencies valued at roughly a quarter of a billion dollars were stolen from India’s top exchange, the hacker has recently taken further action. Among the stolen assets, Ethereum has recently attracted a lot of attention due to its active trading.
Shiba Inu Price Drops 8% After SHIB Sale
The hacker's influence on the market was most evident in the 8% price reduction of the famous meme-inspired cryptocurrency Shiba Inu (SHIB) that followed the sale of 5.4 trillion SHIB, which was valued at $102 million.
Zettai has petitioned the High Court of Singapore to temporarily halt certain of its obligations in an effort to mitigate the consequences of the violation. Zettai is the Singaporean corporation responsible for WazirX. Gaining more time will allow them to reorganize their liabilities following the $230 million hack and pay out compensation to impacted users.
Additionally, Liminal Custody, the primary infrastructure supplier for WazirX, was not implicated in the incident according to an independent audit. What exchange management originally stated is contradicted by this. It now seems that the hack was caused by outside vulnerabilities instead of those in the internal system.
