Arkham reveals the identity of hacker LuBian in the case of the BTC theft in 2020.
According to @wublockchain12, Arkham has disclosed the on-chain identity of hacker LuBian, involved in the largest cryptocurrency heist in history. In December 2020, 127,426 BTC were stolen, and the hacker still possesses all the assets. Arkham suggests that LuBian may have used a vulnerable private key generation algorithm, leading to a critical security issue. The hacker's last on-chain activity was recorded in July 2024, presumably for consolidating addresses. LuBian holds 11,886 BTC, estimated to be worth approximately $1.35 billion. LuBian was once one of the largest Bitcoin mining pools, controlling nearly 6% of the network's hash rate as of May 2020.
TRON founder Justin Sun heads to space on Blue Origin's NS-34 According to @beincrypto, TRON founder Justin Sun is set to embark on a space journey aboard Blue Origin's NS-34. This event marks an important milestone for the cryptocurrency community, as Sun's participation in the space mission highlights the growing intersection of technology and space exploration. The launch is scheduled for the coming minutes, offering a unique spectacle for viewers interested in both cryptocurrencies and space travel. The event is being broadcast live, allowing enthusiasts to witness this historic moment firsthand.
#ETHCorporateReserves SharpLink purchased Ethereum for nearly $109 million. The company SharpLink continues its active accumulation of Ethereum. Between August 1 and 3, 2025, the company spent $108.57 million in USDC to acquire 30,755 ETH, bringing its portfolio to 480,031 ETH.
This volume of assets at the time of preparing the material is estimated at $1.66 billion, according to Arkham Intelligence data.
The largest of the recent transactions included the acquisition of 6,914 ETH for $23.56 million. Additionally, active purchases were recorded on July 31, when SharpLink acquired 11,259 ETH for $43.09 million at an average price of $3,828 per coin.
The statue of Satoshi Nakamoto was stolen in Lugano less than a year later. According to a report by @Crypto_Potato, the statue of Satoshi Nakamoto in Lugano has reportedly been stolen. The statue was unveiled less than a year ago at the initiative of Tether and the city of Lugano. Its creation took 18 months of research and 3 months of construction. The theft raised concerns about security and the symbolic decentralization it represents. This incident highlights the challenges of protecting public art and the importance of preserving cultural symbols within the cryptocurrency community.
The US court overturned the verdict against the former OpenSea manager in the insider trading case. The US Court of Appeals overturned the conviction of former OpenSea manager Nathaniel Chastain, who was convicted in 2023 in the insider trading case involving NFTs. Authorities acknowledged that the jury may have reached a decision based on erroneous instructions that did not require evidence of the commercial value of the stolen information.
Chastain was accused of secretly purchasing NFTs before they appeared on the OpenSea homepage and reselling them for a profit. According to the prosecution, he earned about $57,000 from 15 transactions, using anonymous accounts to conceal his operations.
Initially, Chastain was found guilty of fraud using electronic communications and money laundering and was sentenced to three months in prison. However, the appeal recognized that the trial judge gave the jury incorrect instructions, allowing a conviction simply for "unethical behavior."
Google introduced Gemini Deep Think â an advanced AI reasoning model.
Google DeepMind has unveiled a new artificial intelligence model, Gemini 2.5 Deep Think, which the company claims is its most advanced reasoning system. It employs a multi-agent approach, concurrently testing several hypotheses and selecting the optimal solution.
In the initial phases, access to Gemini 2.5 Deep Think will be granted to subscribers of the Google Ultra premium plan, which costs $250 per month. Connectivity in the application will start this Friday. This model was first showcased in May at Google I/O 2025. According to the company, Gemini 2.5 Deep Think helped the corporation win a gold medal at the International Mathematical Olympiad. At the same time, Google announced limited access to the version used at the Olympiad, noting that such a system requires hours of reasoning and is oriented towards scientific research.
The company claims that Gemini 2.5 Deep Think is significantly improved compared to the spring version. Google developers have implemented new reinforcement learning methods, which have enhanced the efficiency of the reasoning algorithms.
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A rare name on Telegram was offered for $25 million. A Telegram user received an offer of $25 million for the username @crypto, which was purchased back in 2023 for $350,000. However, the owner, known as JF, declined the deal. Instead, he emphasized that he would continue to collect usernames. In 2024, blogger Pavlo Fedorov earned over $80,000 in TON by selling his name @pavel on the auction platform Fragment. He obtained the username for free 10 years ago. The nickname was bought by JF, the same person who refused to sell @crypto for $25 million. Then JF gifted @pavel to Telegram founder Pavel Durov.
The most expensive sold usernames include @news for $5.8 million and @auto for $5.2 million, also sold in 2024.
Overall, in the last 18 months, Telegram usernames and anonymous numbers have been sold for a total of $350 million.
This is a betrayal: the work of the developer of the cryptocurrency exchange CoinDCX 'on the side' cost the company $44 million. The 30-year-old software developer of the cryptocurrency exchange CoinDCX was arrested by the police in the Indian city of Bengaluru on July 26. He is suspected of assisting hackers. The criminals managed to steal cryptocurrency worth $44 million, as malicious software was installed on his work laptop. CoinDCX is managed by the Bengaluru company Neblio Technologies. The vice president of public policy and government affairs of the company stated that someone hacked the company's wallet on July 19 and transferred cryptocurrencies to six accounts.
The mysterious whale acquired 331 million PI tokens worth 148.5 million dollars. According to @Cointelegraph, the mysterious whale accumulated 331 million PI tokens, valued at approximately 148.5 million dollars. This significant purchase led speculators to believe that it could be a strategic buyback. The transaction attracted the attention of the cryptocurrency community, sparking discussions about the potential market impacts and the intentions of this whale. The event took place on August 2, 2025, and continues to be a topic of interest among investors and analysts.
#TrumpTariffs The Trump administration is still interested in the Bitcoin reserve. The administration of U.S. President Donald Trump remains interested in the Bitcoin reserve, and the head of state intends to address it in the near future. This was stated by the executive director of the Presidential Working Group on Cryptocurrency, Bo Hines, during an interview for the project Crypto in America. It is worth recalling that Trump established the creation of the Bitcoin reserve with his decree at the beginning of March 2025. It will include confiscated crypto assets with no possibility of active replenishment using budget funds, which has drawn criticism from the community. He also noted that there are many ways to replenish this reserve without using budget funds.
Cryptocurrency exchange Coinbase reported losses due to a data breach that reached $307 million. This was reported by The Block, referencing the financial report for Q2 2025.
The statement indicated that the incident occurred after hackers bribed customer support staff outside the U.S. This allowed them to gain access to user data and account management documents.
The attack was first revealed in May, but in the new report, the company clarified the actual extent of the losses. Previously, the losses were estimated at $400 million, the statement said.
Additionally, the report shows that the company's total revenue in Q2 amounted to $1.5 billion, of which $1.4 billion is net income. Earnings before interest, taxes, depreciation, and amortization reached $512 million, while adjusted net income was $33 million.
Revenue from subscriptions and services increased to $656 million. The company also reported $9.3 billion in dollar resources.
Stable raised $28 million to launch a blockchain for stablecoins. The Stable project raised $28 million in seed funding to create a new network optimized for stablecoins and payment operations based on them.
The funding round was jointly led by Bitfinex and Hack VC. Other investors include Franklin Templeton, Castle Island Ventures, Bybit Mirana, BTSE, KuCoin Ventures, Tether CEO Paolo Ardoino, Braintree co-founder Bryan Johnson, and others.
The founder and CEO of the project, Joshua Harding, stated that Stable aims to update the outdated financial infrastructure and ensure the mass adoption of digital payments. According to him, the network's architecture will allow for "instant and low-cost transfers."
It should be noted that Stable is creating its own L1 blockchain, Stablechain. Its main characteristics:
OpenAI received $8.3 billion in investments at a valuation of $300 billion. OpenAI raised $8.3 billion at a valuation of $300 billionâsignificantly earlier than expected. This was reported by The New York Times. The investments are part of a broader plan to raise $40 billion in funding by the end of 2025, according to reports.
It is known that the round was oversubscribed five times, causing dissatisfaction among some early investors due to the reduction of their stakesâthe company preferred strategic partners. The new funding round included both previously involved funds and new strategic partners, including Dragoneer Investment Group, which contributed $2.8 billion. This may be one of the largest amounts ever invested by a single venture fund. Among other investors are: Blackstone, TPG, T. Rowe Price, Fidelity Management, Sequoia Capital, Andreessen Horowitz, Coatue, Thrive Capital, Tiger Global, and D1 Capital.
#ProjectCrypto The volume of liquidations exceeded $700 million amid Bitcoin's drop to $113,000 On the evening of August 1, 2025, Bitcoin fell below the mark of $113,000 for the first time since July 10. Against this backdrop, the volume of liquidations in the futures market for cryptocurrencies exceeded $700 million within 24 hours. Over the last day, positions of nearly 161,000 traders were closed. This resulted in losses of over $423 million for traders with open long positions and approximately $85 million for those with short positions. The main losses were related to trading with Bitcoin and Ethereum, where positions worth approximately $161 million and $265 million were liquidated, respectively. Additionally, the largest liquidation amounting to $4.45 million was recorded in the ETH/USDC pair on the Binance cryptocurrency exchange.
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#FOMCMeeting The Federal Reserve kept the interest rate unchanged. On July 30, 2025, a meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve took place. The regulator decided to keep the interest rate at the previous level â 4.25-4.5%. The regulator has maintained this course since December 2024. On July 30, the Federal Reserve kept the interest rate unchanged for the fifth consecutive time: Bitcoin reacted to the news with a decline. At one point, the rate dropped to $115,796, after which it recovered: The Federal Reserve's decision to maintain the rate at the current level drew criticism from U.S. President Donald Trump, just as it did last time. Trump refers to this report from the U.S. Bureau of Economic Analysis. According to it, real GDP did indeed grow by 3% in the second quarter of 2025.
The next Federal Reserve meeting regarding the interest rate will take place on September 16-17. According to the CME exchange forecast, the regulator is likely to keep the rate at the current level with a probability of 54.8%.