The Protocol: Blockchain sleuth ZachXBT alleges Axiom employee conducted insider trading
Summary
Blockchain investigator ZachXBT alleged in an X thread that Broox Bauer, a senior business development employee at Axiom Exchange, misused internal dashboards to access sensitive user information, including linked wallet addresses. This data was allegedly shared with a small group to map trades of prominent crypto influencers. Axiom, founded in 2024, has generated over $390 million in revenue. Audio clips shared by ZachXBT suggest Bauer claimed he could track any Axiom user and described gradually increasing research activity to avoid suspicion. The article also covers other major crypto developments, including the Ethereum Foundation's ambitious 'strawmap' roadmap targeting sub-second finality by 2029, Robinhood's L2 testnet launch amidst Vitalik Buterin's skepticism toward L2 roadmaps, OpenAI's introduction of EVMbench to test AI's ability to secure smart contracts, Meta's plans to integrate stablecoin payments, American Bitcoin's Q4 loss due to falling crypto prices, Indiana authorizing digital asset exposure for public plans, and U.S. Treasury sanctions against a Russian entity for buying stolen cyber tools with cryptocurrency.
(Source:CoinDesk)