News linked to both this project and an event.
Odaily News, According to blockchain detective Specter's monitoring, it has identified a cluster of wallets holding 28,600 BTC, valued at approximately $1.8 billion, suspected to be related to wallets previously attributed to the Zhimin Qian money laundering case. A few weeks ago, a Bitcoin wallet that had been dormant since 2017 transferred 1,020 BTC, valued at approximately $60 million, and began distributing funds to multiple addresses in a manner consistent with money laundering patterns. After tracing these transactions, Specter discovered that the related wallet cluster connects to addresses publicly associated with the UK's investigation into Zhimin Qian. Between 2014 and 2017, Zhimin Qian organized large-scale investment fraud in China, with over 128,000 victims. UK authorities later traced substantial criminal proceeds flowing into Bitcoin, and the Met Police ultimately seized 60,000 BTC, marking the largest cryptocurrency seizure in UK history at the time. In July 2021, UK authorities transferred the seized BTC, creating identifiable on-chain links. Following the recent transfer of 1,020 BTC, Specter identified additional wallets that collectively hold 28,600 BTC, valued at approximately $1.8 billion, and these wallets have remained largely dormant since June 2021. Based on on-chain evidence, it remains unclear whether these wallets are still controlled by the same actor, other custodians, or have already been identified by law enforcement.
According to CoinDesk, well-known CNBC host Jim Cramer announced this week his plan to liquidate all Bitcoin holdings, citing the rapid development of quantum computing technology as a potential threat to cryptocurrency security within the next three to four years. This statement originated from his interview on July 31 with IBM Chairman and CEO Arvind Krishna, who warned that quantum computers could challenge modern cryptographic systems within that timeframe. However, the crypto community generally remains optimistic about this. Alex, a self-proclaimed Bitcoin maximalist and X user, stated bluntly: "Cramer is at it again; this is the strongest buy signal Bitcoin has received for 2026." This reaction is closely linked to Cramer's long-standing market reputation as a "contrarian indicator"—his historical prediction record is notorious: in 2017, he called Bitcoin "Monopoly money"; in 2021, BTC hit an all-time high shortly after he liquidated his holdings; in 2024, he warned of a plunge following the ETF launch, yet BTC rose to $70,000 within two months. Currently, the BTC price remains steady near $64,000, with the market showing a muted reaction to his quantum warning.
According to Trader T data, the total net inflow of US Bitcoin spot ETFs yesterday was $170.1 million. Among them, BlackRock's IBIT had a net inflow of $111.43 million, Fidelity's FBTC $33.36 million, Franklin's EZBC $9.23 million, Invesco's BTCO $6.67 million, and VanEck's HODL $4.52 million, while most other products recorded slight inflows or remained flat.
Odaily News: On-chain analyst Ai Yi posted on the X platform stating that a trader on @GreeksLive has sold a total of $173 million worth of BTC call options, believing that BTC will not rise by more than 9.5% within 52 days. If BTC does not break $70,000 by expiration, the trader will receive a premium of $3.03 million.
Odaily News: Lookonchain posted on X platform, August 3 update: Bitcoin ETF single-day net outflow of 3,321 BTC, valued at $210 million; 7-day net outflow of 297 BTC, valued at $18.8 million. Ethereum ETF single-day net outflow of 3,515 ETH, valued at $6.52 million; 7-day net inflow of 1,573 ETH, valued at $2.92 million.
According to on-chain analysis platform Lookonchain (@lookonchain), wallet address 18TExP transferred all 500 BTC (worth approximately $31.27 million) to a new wallet 1 hour ago after being dormant for over 12 years.
Odaily News: On-chain analyst Yuyue posted on X platform that MicroStrategy has sold Bitcoin for three consecutive months between the end and the beginning of each month: 32 BTC sold from May 26 to May 31; 3,588 BTC sold from June 29 to July 5; 1,638 BTC sold from April 27 to August 2.
According to on-chain analyst Ai Yi's monitoring, a mysterious whale has accumulated over $220 million in ETH and WBTC since July, and withdrew 200 BTC from Binance 4 hours ago; to date, it has withdrawn a total of 74,265 ETH and 1,400 WBTC, with average costs of approximately $1,770 and $63,887.37 respectively, showing an unrealized profit of $3.8 million, of which ETH is in profit while WBTC is at a loss.
Odaily News, according to on-chain analyst Ember's monitoring, Bitcoin treasury company Strategy (MSTR) last week sold 1,638 BTC ($105 million) at an average price of approximately $63,957, realizing a loss. They now hold a total of 842,138 BTC ($52.684 billion) with an average cost of $75,419, representing an unrealized loss of $10.829 billion (-17%).Ethereum treasury company Bitmine (BMNR) last week purchased 10,399 ETH ($19.85 million) at an average price of approximately $1,909. They now hold a total of 5,797,813 ETH ($10.674 billion) with an average cost of $3,371, representing an unrealized loss of $8.871 billion (-45.4%).
Odaily News, according to Whale Alert monitoring, an address holding 500 BTC has been activated after remaining dormant for 12.7 years. These bitcoins are currently valued at $31,315,572, compared to just $507,500 in 2013.
Odaily News: According to Onchain Lens monitoring, a trader opened a long position of 400.88 BTC, worth approximately $25.16 million, with 40x leverage, within the past hour; simultaneously opened a long position of 10,000 ETH, worth approximately $18.51 million, with 25x leverage. The current unrealized profit is approximately $193,300; lifetime loss stands at $1.95 million.
Odaily News: Major cryptocurrencies moved lower on Monday, with Bitcoin briefly falling to around $62,800 and Ether dropping to $1,858. Although expectations related to the geopolitical situation had improved earlier, the market failed to sustain a rebound. Following the expansion of the Coldcard hardware wallet vulnerability, approximately 1,367 BTC flowed out of roughly 4,585 addresses, valued at nearly $89 million, occurring across three rounds of attacks. The market's weakness stood in contrast to falling crude oil prices, a pullback in U.S. Treasury yields, and gains in stock index futures.
According to CoinDesk, a wallet associated with Trump Media recently transferred 2,628 Bitcoin to Crypto.com, valued at approximately $165 million at the time. Following the transfer, approximately 4,261 Bitcoin remained in the on-chain traceable wallet, an amount basically consistent with the scale of Bitcoin pledged as collateral for convertible notes previously disclosed by the company.
Odaily News: Trump Media has transferred 2,628 Bitcoin to Crypto.com, valued at approximately $165 million. The flagged wallet now holds roughly 4,261 Bitcoin, approaching the amount of collateral pledged for its convertible note. Trump Media previously purchased 11,542 Bitcoin for approximately $1.37 billion, with the buy price near the market peak. Since then, 7,281 Bitcoin have been transferred out. On-chain analysts estimate the company has realized losses of roughly $318 million, with an additional unrealized loss of approximately $237 million. Trump Media reported first-quarter revenue of $871,200 and a net loss of $405.9 million. The company has not yet clarified whether the latest transfer constitutes a sale or a custodial move, and the distinction will be disclosed in its second-quarter 10-Q filing.
Odaily News: According to Onchain Lens monitoring, a Bitcoin whale transferred 730 BTC, worth approximately $46.12 million, to a new wallet after 4 years of dormancy. On-chain history shows that this wallet accumulated these holdings over the past 7 years.
According to Lookonchain monitoring, whale address bc1qpt transferred all 16,400 BTC held to a new address 1 hour ago after being dormant for 7 months, worth approximately $1.04 billion at current prices.
Odaily News Crypto analyst Murphy stated on X that on-chain data reveals a rare large-scale movement of coins by Bitcoin long-term holders (LTH) recently. Over the past two days, more than 65,000 BTC have moved on-chain each day (excluding internal transfers within the same entity), leading to a notable decline in LTH net positions.Data shows that LTH net positions had begun to deviate from their previous continuous growth trend since May this year, entering a plateau in July, with the recent large-scale transfers being relatively uncommon over the past year. Among these, approximately 14,000 BTC flowed into exchanges. Some of the funds include a transaction where a company under Trump's umbrella transferred 2,628 BTC to Crypto.com.Currently, aside from the portion flowing into exchanges, the destination and purpose of the remaining coins reduced by long-term holders remain unclear. Murphy stated that potential risks currently affecting the BTC market include: 1) Shifts in Fed monetary policy and rising rate hike expectations; 2) Inflationary pressure from Middle East tensions and oil price changes; 3) Valuation concentration in the AI sector and financing risks behind high capital expenditures; 4) Re-crowding of yen carry trade positions.
: Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address on August 1, worth approximately $6.3 million at the time, and invited Anthropic's Claude model to attempt to move the funds out of the address. On-chain records show the wallet received the funds on July 31, and the balance had not been transferred out as of August 2. Anthropic previously disclosed that during 141,006 cybersecurity assessment runs, 3 incidents were found, with 6 evaluation sessions involving 3 models inadvertently interacting with real organizational systems. The models involved include Claude Opus 4.7, Claude Mythos 5, and an unreleased internal research model. The cause was a configuration error by third-party testing partner Irregular, which led to the test environment being connected to the internet. Anthropic stated that Claude Opus 4.7, during one evaluation, located a real website with the same name as a simulated company, exploited weak passwords and exposed services to recover infrastructure credentials, and accessed a production database containing hundreds of records. The company said the model was attempting to complete assigned tasks, not actively breaking constraints or pursuing independent goals. Belshe's challenge involves Bitgo's institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. As of August 2, Anthropic had not publicly responded to the challenge.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that on August 1, short-term holders (STH) transferred over 32,000 BTC to exchanges, with all of these bitcoins being sold at a loss. This event became one of the largest loss-making sell-offs by short-term holders in the past 30 days. He noted that market chips are shifting from more conviction-driven long-term holders to short-term holders.
Odaily News: In the Coldcard security incident involving hardware wallet company Coinkite, the amount of stolen bitcoin has risen to approximately 1,359.882 BTC. According to statistics from the Coldcard Sweep Watch dashboard, most of the identified bitcoin remains in a small number of addresses controlled by the attacker. On August 1, one of the attacker's holding addresses received a transaction containing an OP_RETURN message. The message publicly offered a 10% fee for "washing" bitcoin, KYC assistance, and withdrawal services for stolen funds, along with a Telegram contact. Coinkite has released an urgent firmware update to fix the weak random number generation issue that caused the original vulnerability. The company stated that the new firmware only protects wallets created in the future and cannot fix seeds already generated on affected versions. Some users have reported that after installing the update, their devices remain stuck on an error screen, fail to boot, or appear bricked. This mainly affects Mk4 and Q devices, though some Mk3 users have also reported similar issues. As of August 2, Coinkite has not publicly confirmed a widespread firmware defect.