Crypto Insider Drama: ZachXBT Accuses Axiom Employee of Insider Trading – Ethereum Roadmap and More Blockchain Updates

Crypto Insider Drama: – Ethereum Roadmap and More Blockchain Updates

In the fast-moving world of blockchain and crypto, trust is everything. This week brings big news from investigations, ambitious roadmaps, testnet launches, AI tools, and efforts to speed up trades. We dive into the top stories shaking up the crypto tech space. Let’s break it down.

: A Major Privacy Breach?

Blockchain investigator ZachXBT dropped a bombshell. He claims a top employee at Axiom Exchange, an on-chain trading platform, misused company tools for insider trading. The employee, Broox Bauer, a senior business development lead based in New York, allegedly accessed private user data.

Axiom lets users trade memecoins and other tokens directly on-chain. Founded in 2024 by Mist and Cal, it’s part of Y Combinator’s Winter 2025 batch. The platform has made over $390 million in revenue already. That’s impressive growth, but now it’s under fire.

ZachXBT says Bauer used internal dashboards to track user wallets by referral codes, wallet addresses, or user IDs. He shared this info with a small group. They mapped trades from big crypto influencers to spot hot memecoins early and trade them for profit.

Audio clips in ZachXBT’s X thread back this up. The voice, said to be Bauer’s, boasts about tracking “any Axiom user” and learning “anything to do with that person.” He admits starting with 10-20 wallets, then ramping up slowly to avoid suspicion.

ZachXBT was hired to probe misuse of internal tools. He didn’t name the client. This raises huge questions about user privacy on trading platforms. In crypto, where anonymity is key, such access could let insiders front-run trades or snipe new tokens.

What does this mean? Axiom users might feel betrayed. Regulators could step in, especially in the US. Platforms must tighten data controls. For traders, it’s a reminder: even “on-chain” isn’t fully private if exchanges hold keys.

  • Key takeaway: Insider trading erodes trust. Expect Axiom to respond soon.
  • Watch for: Legal fallout and better privacy tech like zero-knowledge proofs.

Ethereum Foundation Unveils ‘Strawmap’ Roadmap: Planning for 2029

The Ethereum Foundation (EF) released a bold plan called the “strawmap.” EF researcher Justin Drake shared it this week. It’s a roadmap for seven hard forks up to 2029. Hard forks are big upgrades every Ethereum node must adopt or get left out.

This isn’t a short-term fix. It’s built for the next decade. Five “north star” goals guide it:

  1. Fast Layer 1: Finality in seconds for quicker confirmations.
  2. Gigagas L1: Up to 10,000 transactions per second (TPS) on base layer.
  3. Teragas L2s: Layer-2s hitting 10 million TPS.
  4. Post-quantum security: Protection against future quantum computers.
  5. Privacy boosts: Shielded ETH transfers for private dealings.

Gigagas means billions of gas units processed per second – massive scaling. Ethereum aims to handle real-world loads like payments and DeFi at scale.

Why now? Ethereum’s base layer scales faster than expected. Vitalik Buterin recently said the old L2-focused plan needs rethink. Many rollups lack full decentralization. This strawmap adapts to that.

Implications: Smoother, cheaper Ethereum could draw more apps. But hard forks risk bugs or splits. Devs and users must stay updated.

Robinhood Chain Testnet Hits 4 Million Transactions in Week One

Robinhood (HOOD) is going full crypto. Its testnet for the Robinhood Chain saw 4 million transactions in the first week. CEO Vlad Tenev announced it on X.

This Layer-2 (L2) chain focuses on tokenizing real-world assets (RWAs) and on-chain finance. Centralized exchanges (CEXs) like Robinhood build their own chains to control destiny amid Ethereum debates.

Tenev said: “Developers are already building on our L2, designed for tokenized real world assets and onchain financial services.” Testnets are like flight simulators – safe for testing before mainnet launch.

Context: Vitalik Buterin questioned L2 rollups’ decentralization. Ethereum L1 scales well, but CEXs want custom solutions for speed and fees.

Robinhood’s move bridges TradFi and crypto. Tokenized stocks, bonds on-chain? Big potential. But watch for regulatory hurdles.

OpenAI Enters Crypto with EVMbench: AI for Smart Contract Security

OpenAI is testing AI in blockchain. They launched EVMbench, a benchmark for AI on Ethereum Virtual Machine (EVM) smart contracts.

Smart contracts power DeFi, DEXs, lending. Once deployed, they’re immutable – bugs can drain billions. EVMbench checks if AI can:

  • Spot security flaws.
  • Exploit them safely.
  • Fix code without breaks.

Built with Paradigm, it uses real audit findings. Goal: Standard for AI in crypto security as DeFi TVL hits billions.

Why it matters: Manual audits cost time and money. AI could speed them up, catch more issues. But AI isn’t perfect yet – false positives loom.

Future: AI auditors as standard, slashing hacks.

Former Solana Exec Borrows Wall Street Tricks for Faster Global Crypto Trades

A ex-Solana leader is innovating. Using Wall Street’s multicast tech, they aim to speed crypto trades worldwide.

Solana’s validators cluster in Europe, causing latency. This project spreads them out and adds multicast for quicker data relay.

Result: Lower latency, fairer trades. Good for high-speed memecoin sniping or DeFi.

This shows Solana maturing, borrowing TradFi tools for blockchain speed.

Wrapping Up: What’s Next for Crypto Tech?

From to Ethereum’s long-term vision, this week highlights risks and innovations. Privacy scandals remind us: Build trust or bust. Scaling plans like Strawmap and Robinhood Chain push limits. AI via EVMbench could secure it all.

Stay tuned. Crypto evolves fast. Trade smart, DYOR.

Keywords: ZachXBT Axiom, Ethereum Strawmap, Robinhood Chain testnet, OpenAI EVMbench, Solana multicast, crypto insider trading, blockchain roadmap


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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

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