ZachXBT questions Kraken's listing of Memecore, claiming there are unusual fund flows
By: www.chaincatcher.com|2026/04/20 15:18:36
0
Share
Prefer us on Google
On-chain detective ZachXBT questioned Kraken's review process for the listing of Memecore (M) spot trading and pointed out that there were anomalies in the related on-chain fund flows.
He stated that approximately $7.9 million flowed out of Kraken to 18 newly created addresses, which currently hold a total of about 11.7 million M (currently valued at approximately $39.8 million). At the same time, he claimed that a suspected team address had previously deposited about 5.3 million M into Kraken, raising market concerns about token distribution and trading behavior.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
ZeroStack Issues 36.2 Million Shares Linked to Voting
ZeroStack completed a transaction on August 19 to purchase 925,925,926 MemeCore M tokens for 3.5 million shares of stock and warrants • The warrants cover approximately 36.2 million shares, equivalent to 167.4% of the share base as of August 19 • The resale registration includes 54,609,992 shares an...
Crypto VC funding: ZeroStack secures $1B, Ripple raises $275M
Data: The cryptocurrency market is experiencing a general rise, with the NFT sector leading with an increase of over 7%, and BTC breaking through $61,000
According to SoSoValue data, the overall cryptocurrency market is on an upward trend, with the NFT sector leading the way with a 24-hour increase of 7.57%. Within this sector, Audiera (BEAT) rose by 14.91%, and Pudgy Penguins (PENGU) increased by 4.18%. Meanwhile, Bitcoin (BTC) rose by 2.4%, breakin...
Data: The cryptocurrency market is generally down, with the Layer 2 sector dropping over 3%, and BTC falling below $59,000
According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethe...
MemeCore CEO Jun: The value of the project is built on trust, not short-term speculation
MemeCore CEO Jun tweeted that the true value of any project does not depend on short-term attention, headline valuations, or how much profit the foundation can extract, but is built on trust.Jun pointed out that while some may question MemeCore's valuation, the project's responsibility goes beyond c...
Data: Today's Top 100 Cryptocurrency Tokens Price Changes
According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: River (RIVER) up 22.48%, current price $17.67; NEAR Protocol (NEAR) up 4.7%, current price $1.35; XDC Network (XDC) up 4.07%, current price $0.03451; Ma...
Hyperliquid HPC Calls for Unified Regulation of Perpetual Contracts
CME Group adds ENA reference rates across three regions
Tron Inc. Expands TRX Treasury To $245M In Nasdaq Corporate Crypto Bet
THORChain Launches Version 3.20 with Monero Support
Bitcoin Traders Watch Jackson Hole As Kevin Warsh Prepares First Fed Keynote
Chain shutdown strips BounceBit token utility after authorization flaw exposes 286M tokens
BounceBit token utility remains unresolved after the chain shutdown, even as the company prepares a 1:1 BB reissue on BNB Chain.
Wholesale Dollar Surpasses $1,500 Mark, Doubts Grow Over Interest Rates
The cost of maintaining the exchange rate is starting to be felt in interest rates, while the BCRA has slowed down its reserve purchases.
Solana Prepares to Expand v1 Transaction Limit to 4096 Bytes
Solana (SOL) is preparing a v1 transaction format upgrade that will increase the maximum size of a single transaction from 1,232 bytes to 4,096 bytes. This change allows for significantly larger transactions to be processed at once.
US Allows Private Companies to Participate in Offensive Cyber Operations Against Foreign Hackers
The Trump administration has approved a memorandum that opens up the possibility for federal law enforcement agencies in the United States to engage verified private companies in operations against foreign cybercriminal groups. This is not just about data sharing, but about preparing actions against...
Cryptocurrency for Advisors: Why Clients Have Already Outpaced Their Financial Advisors
The topic of "cryptocurrency for advisors" is becoming increasingly pressing: clients have been holding digital assets for years, incorporating them into inheritance plans, and expecting advisors to provide not just general discussions but real assistance with storage, taxes, reporting, and transfer...
Four years ago, a cryptocurrency mogul disappeared; now his successor has vanished
New Meme Coin Launch 2026: MemeToro Brings AI-Powered Discovery to the BNB Chain
Stablecoin payments are fast, but local-currency settlement remains a bottleneck: Gravity Team CEO
Amazon Device Price Increase: Echo Dot Costs 60% More
A Study Reveals the Weight of Convictions Among Crypto Investors
Crypto Attacks in France: Suspect M1llionz Shows Off on TikTok
How Cryptocurrency Transfers Abroad Will Be Organized Starting September 1
Starting September 1, cryptocurrency transfers abroad will be available to individuals, sole proprietors, and companies engaged in foreign economic transactions, announced Alexey Korolenko, CEO of the crypto broker Cifra Markets. However, within Russia, cryptocurrency settlements will still remain p...
Will Crypto-Trump Cause a Pump?
Crypto-Trump has once again become one of the main topics in the cryptocurrency segment of social media: users are discussing the theory that Donald Trump's administration may support the market with a series of positive announcements ahead of the November elections for the U.S. Congress, as it did ...
Hyperliquid Policy Center pushes SEC, CFTC for equity perps framework
6GW Nuclear Power Supply Agreement: Non-Binding Framework with Nano Nuclear and Tillman
Nano Nuclear Energy (NANO Nuclear Energy·$NNE) has entered into a non-binding commercial framework with Tillman affiliates to explore a power supply plan for micro-reactors exceeding 6GW in the U.S. AI industrial zone.
Taxes: Who Gained and Who Lost from the Changes Implemented by Javier Milei
The government "returned to the private sector" the equivalent of 3 points of GDP, as stated by the President. However, some sectors received more while others lost.
Bitcoin Breaks Free, Altcoins Take the Stage – Steady Lads
Bitcoin, Ethereum, and the entire crypto market have surged in recent days. Cara from Steady Lads analyzes all of this.
Is Zhao Changpeng Still at the Poker Table After the Peace Hotel?
Ika-Based Wallet Expands for AI Agents
human.tech has expanded the Ika network-based wallet protocol into a distributed signature infrastructure for AI agents and decentralized applications. The wallet is designed to combine distributed signatures and authority control.
ZeroStack Issues 36.2 Million Shares Linked to Voting
ZeroStack completed a transaction on August 19 to purchase 925,925,926 MemeCore M tokens for 3.5 million shares of stock and warrants • The warrants cover approximately 36.2 million shares, equivalent to 167.4% of the share base as of August 19 • The resale registration includes 54,609,992 shares an...
Crypto VC funding: ZeroStack secures $1B, Ripple raises $275M
Data: The cryptocurrency market is experiencing a general rise, with the NFT sector leading with an increase of over 7%, and BTC breaking through $61,000
According to SoSoValue data, the overall cryptocurrency market is on an upward trend, with the NFT sector leading the way with a 24-hour increase of 7.57%. Within this sector, Audiera (BEAT) rose by 14.91%, and Pudgy Penguins (PENGU) increased by 4.18%. Meanwhile, Bitcoin (BTC) rose by 2.4%, breakin...
Data: The cryptocurrency market is generally down, with the Layer 2 sector dropping over 3%, and BTC falling below $59,000
According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethe...
MemeCore CEO Jun: The value of the project is built on trust, not short-term speculation
MemeCore CEO Jun tweeted that the true value of any project does not depend on short-term attention, headline valuations, or how much profit the foundation can extract, but is built on trust.Jun pointed out that while some may question MemeCore's valuation, the project's responsibility goes beyond c...
Data: Today's Top 100 Cryptocurrency Tokens Price Changes
According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: River (RIVER) up 22.48%, current price $17.67; NEAR Protocol (NEAR) up 4.7%, current price $1.35; XDC Network (XDC) up 4.07%, current price $0.03451; Ma...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
