Author: Crypto Editor
A crypto pockets tied to a little-known Chinese language mining pool could have been the sufferer of the most important bitcoin theft ever recorded, based on new findings from Arkham Intelligence.In an Aug. 2 thread on X, the onchain analytics agency mentioned it had uncovered proof that 127,426 BTC — value $3.5 billion on the time — was stolen from LuBian Mining Pool in late December 2020. Neither LuBian nor the suspected hacker has ever publicly acknowledged the breach, and Arkham mentioned it’s the first to report the incident.LuBian was one of many largest bitcoin mining swimming pools globally in…
STRC’s providing was doubled to $4.2B. The funds intention to extend the quantity of Bitcoin held at a speedy tempo Technique, a large Bitcoin treasury firm, simply rocked up markets. The corporate introduced the second vital addition to its Variable Price Collection A Perpetual Stretch Most popular Inventory (STRC) providing by doubling the scale of the providing in solely two weeks. The preliminary motion was when Technique bought 28 million shares at 90 {dollars} every because the STRC IPO was launched (2.5 billion {dollars}). All of that cash went in direction of shopping for 21,021 Bitcoins at a value of…
A governance proposal inside Curve Finance is inflicting a stir within the DeFi neighborhood, as one contributor requires a pause within the protocol’s growth into Ethereum Layer 2 networks. On July 31, a CurveDAO member submitted a proposal arguing that Curve’s Layer 2 deployments generate little income and divert assets from extra helpful initiatives like its native stablecoin, crvUSD. Layer 2 networks are designed to enhance Ethereum’s scalability and have turn into more and more widespread over time. Curve Earns Extra From Ethereum in a Day Than 450 L2s Mixed The proposal highlighted Curve’s disappointing income technology throughout 24 Layer…
SHIB launched in August 2020 and simply turned 5. All-time excessive: $0.0000885 in Oct. 2021; $41B market cap. Shibarium, ShibaSwap, and 1.5M+ wallets present it’s greater than a meme. Shiba Inu simply blew out 5 candles on its birthday cake. Yep, August 1, 2025, marks 5 years since SHIB leapt onto the crypto stage—launched as a joke, now… one thing a lot larger. To have fun the milestone, SHIB’s head of social Lucie took to the timeline to mirror. No over-the-top flexing, only a fast submit strolling by means of a few of the craziest milestones in SHIB historical past—from…
Crypto analyst Michaël van de Poppe has reiterated his bearish short-term stance on Ethereum (ETH), highlighting indicators of market correction that he first flagged final week.In a brand new chart evaluation, van de Poppe factors to a transparent bearish divergence on the decrease timeframes (LTF), signaling a possible downward transfer for ETH after its latest rally towards $4,000. In response to the analyst, the first bounce zone lies close to $3,300, a stage the place he estimates a 70% likelihood of restoration. Nevertheless, if macro or geopolitical occasions intensify risk-off sentiment, he expects a deeper retracement into the $3,000–$3,100 vary—which…
Elon Musk has lengthy been a vocal supporter of Dogecoin, and his affect on the crypto market stays as sturdy as ever. A video clip of Musk expressing his affection for Dogecoin, which had beforehand gone viral, is as soon as once more making waves after being lately reposted on X by DogeDesigner. Within the clip, Musk states, “I like canine and memes,” whereas clearly including that he doesn’t assist every other cryptocurrency. This comment reinforces Dogecoin’s distinctive standing as the unique meme coin, a mission that continues to mix web humor with real-world monetary relevance. Dogecoin is likely to…
The altseason fanfare stays on the rise regardless of a broad altcoin rally two weeks in the past that has shortly evaporated in a wider market correction. As buyers proceed to await a possible rebound from these value dips, a well-liked analyst with X person PlanD has highlighted the 2 essential alerts which will provoke an altcoin market surge. Ethereum And USDT Market Key To Altseason Future In an X submit on August 1, PlanD shared an in-depth technical evaluation of a number of markets, together with Bitcoin (BTC), Ethereum (ETH), Bitcoin Dominance (BTC.D), and USDT Dominance. In learning the…
Ethereum energetic addresses hit yearly excessiveEthereum ETFs soak up 8,183 ETHCrypto analyst and dealer Ali Martinez, recognized on the X social media community as @ali_charts, has noticed that the Ethereum community has managed to achieve the very best level in an vital metric this yr.It occurred regardless of the ETH worth having declined to the $3,500 stage recently. You May Additionally Like Ethereum energetic addresses hit yearly excessiveMartinez shared a Santiment chart, which exhibits an enormous rise in ETH each day energetic addresses in July. The surge has reached 841,100 addresses, which is the very best worth this yr, in…
The founder and CEO of digital asset funding agency BKCM, Brian Kelly, believes Bitcoin (BTC) may skyrocket by triple-digit share factors if a core use case is closely adopted. In an interview on the RiskReversal Media YouTube channel, Kelly says Bitcoin may explode by round 600% from the present stage if the crypto king reaches the present market cap of gold. “Let’s simply say all you do is use it [Bitcoin] as an alternative to gold. That’s one use case amongst many others… …and it takes over gold. I believe the market cap of gold proper now could be someplace…
Jessie A Ellis Aug 02, 2025 10:02 EIGEN worth falls 3.75% to $1.08 as technical indicators sign continued weak spot, with RSI at 34.68 regardless of current multi-chain verification breakthrough. Fast Take • EIGEN at the moment buying and selling at $1.08 (-3.75% in 24h) • EigenLayer’s RSI at 34.68 suggests oversold situations creating • Multi-chain verification launch failed to stop continued worth decline What’s Driving EigenLayer Value In the present day? The EIGEN worth continues its downward trajectory, falling 3.75% up to now 24 hours to achieve $1.08. This decline extends the bearish momentum that has persevered regardless of…