Sybils, Exploits, & Fumbles
+ Binance Bubblemaps Integration 👀
Sybil activity detected in the $MEGA presale
We found ~20 entities using multiple connected wallets to pledge more than the $186k limit. The MegaETH presale went live last week and was oversubscribed in minutes
The rules were simple:
• 1 wallet per user
• Max bid of $186k
• KYC required via Echo
One example is wallet 0x9f5c
> Freshly funded via Kraken 1 day prior
> Dispersed funds to 3 brand new wallets
> Pledged $600k (3x the allowed allocation) using 4 addresses
This happened despite Echo enforcing strict KYC for all its users.
But a user could still make multiple pledges by using different ID cards – for example, from friends or family. Full post
$30M Mistake - the $Giggle Sniper Story
A sniper scooped 20% of supply during the Giggle Academy launch. He dumped most of his tokens early, and before CZ’s shoutout, which made the token price go parabolic. By selling too soon, the sniper effectively fumbled ~$30M in potential gains.
Uniswap whale selling $UNI as "UNIfication" hits
A Uniswap whale moved $75M $UNI, then another $15M $UNI, to Coinbase. This comes right as Uniswap launched its major marketing and technical push, “UNIfication,” which significantly increased $UNI price. The whale’s identity remains unknown, but we’re tracking his on-chain moves closely.
The $100M Balancer Exploit
On the 3rd of November, an attacker drained Balancer's core vaults via unauthorized withdrawals.
~ 7,800 $WETH ($28M)
~ 6,300 $osETH ($25M)
~ 5,400 $wstETH ($20M)
JellyJelly Soars Amid Market Drawdown
The mostly forgotten meme $JELLYJELLY soared to $400M mcap after 7 wallets bought 20% of the supply on Gate and Bitget. These wallets had no prior onchain activity and a case is now open in Intel Desk.
Binance Integrates Bubblemaps
This integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps right where it's needed.
Announcement - Read more
Intel Desk Top Contributors
Congrats to the top 10 Intel Desk contributors!
Anyone can contribute to Intel Desk, just post insights on X about the most voted cases.
Last month’s cases included:
• Aster price surge
• Friday 10th global price drop
• Ocean Protocol and FET dispute
• James Wynn’s bundle of memecoins
Read more about Intel Desk rewards here.
Stay bubbly
