A newly formed wallet, named “0x3ac,” has been making waves in the world of cryptocurrency by spending a stunning $49.5 million worth of DAI to buy a hulking 17,695 ETH. The buying spree, which took place just a little over an hour ago, has sent shockwaves through the industry. It’s rumored to be connected to some kind of hack targeting the nascent crypto neo-bank Infini. The market is going crazy trying to figure out just what’s going on. And good luck with that, because the unfolding story is so patently absurd that it’s hard to believe it’s not some kind
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