Cross-Border Payment App El Dorado Completes $9 Million Series A Funding Round, Led by Paradigm

According to market data from BIT (bit.com), Situational Awareness, the fund run by 25-year-old Wall Street AI stock prodigy Leopold, was revealed today to have sold off the majority of its holdings, with Leopold falling just before the dawn. Likely driven by the liquidation news, all stocks previously held by the fund (per Q1 13-f filings) surged sharply, including: CleanSpark (CLSK) up 21.61%; Riot Platforms (RIOT) up 23.70%; Applied Digital (APLD) up 21.27%; Core Scientific (CORZ) up 22.93%; IREN Ltd (IREN) up 28.83%; CoreWeave (CRWV) up 24.53%; SanDisk (SNDK) up 24.34%; Bloom Energy (BE) up 27.05%.

Nonprofit promotion organization Ethereum Institutional has released a statement to celebrate the 11th anniversary of Ethereum. Since the Ethereum mainnet launched on July 30, 2015, Ethereum has operated nonstop for 11 consecutive years of block production with zero interruptions; become the settlement layer for stablecoins, holding more than half of the total stablecoin supply; captured the largest share of decentralized real-world assets across all networks; built the largest decentralized finance (DeFi) ecosystem in the crypto space; fostered the industry’s largest developer ecosystem; and emerged as the default venue for institutional blockchain transactions. No company owns it, no one can shut it down, and it remains fully neutral. Everything on-chain is verifiable. For the next 11 years, let Ethereum become a sacred ground in the financial sector.

According to sources, tokenized asset protocol Ondo Finance is evaluating a potential acquisition worth between $250 million and $500 million.

According to people familiar with the matter, Situational Awareness, an AI-themed hedge fund founded by 25-year-old rising Wall Street AI stock prodigy and former OpenAI researcher Leopold Aschenbrenner, has sold most of its stock portfolio to Ken Griffin’s Citadel after incurring massive losses. The fund had recently been seeking buyers for its holdings and attempting to raise new capital. As of the end of the first quarter, Situational Awareness’s top holdings included Nebius, SanDisk, Micron, and CoreWeave, all of which have seen their stock prices drop by more than 35% this month. Ken Griffin is a renowned American billionaire hedge fund manager who founded Citadel in Chicago in 1990 and has served as its founder and CEO ever since. Citadel is one of the world’s largest and most successful hedge funds, managing hundreds of billions of dollars in assets and employing a multi-strategy investment approach covering equities, fixed income, commodities, quantitative trading, and more. Its subsidiary, Citadel Securities, is one of Wall Street’s most important market makers, holding a dominant market share in U.S. stock trading. Griffin is known for his shrewd trading style, rigorous risk management, and massive influence in the hedge fund industry, consistently ranking among the world’s wealthiest hedge fund managers. Earlier reports noted that the so-called "AI stock prodigy’s" fund had liquidated all publicly listed stock assets, initiating a gradual wind-down.

According to Arkham's monitoring, Grayscale has deposited a total of 9,453 ETH into Coinbase Prime over the past two hours, worth approximately $18.14 million.

Australian eSafety Commissioner has formally filed a civil lawsuit against Telegram in Australia’s Federal Court, accusing the messaging platform of systematically violating its cybersecurity obligations under the country’s Cyber Security Act. Following a year-long investigation, the regulator alleges Telegram failed to remove flagged content after receiving reports from Australian users—including terrorist execution videos, some of which remained accessible for up to three weeks post-report. The regulator further claims the platform did not detect known terror-supporting content, such as the 2019 Christchurch mosque shooting livestream and content related to the May 2022 Buffalo mass shooting; these pieces of content were not removed until nearly three months after upload. Additionally, the eSafety Commissioner accuses Telegram of failing to remove associated accounts, channels and groups to prevent future violations, failing to uphold uniform terms of service banning terror-supporting content across the platform, and failing to provide reporters with updates on case outcomes. Under Australian law, violations of relevant rules and standards carry a maximum civil penalty of 54.6 million Australian dollars. eSafety Commissioner Julie Inman Grant stated the content in question is linked to some of the most notorious acts of extreme violence in recent history, and remained accessible long after Telegram received notification of it. The lawsuit comes as Russia’s Federal Security Service (FSB) has just charged Telegram founder Pavel Durov with aiding terrorism and issued an international arrest warrant against him, leaving the platform facing legal pressure from multiple jurisdictions simultaneously.