Nearly $1.93B in Ether is queued for withdrawal from Ethereum, with a ~9.5 day wait. ~$427M is joining the network (~2.5 day activation). Withdrawals may be due to stakers taking profits after ETH’s 160%+ rise since April, while deposits increase with positive news & institutional interest.
#crypto #blockchain #news
HK lawmaker Chiu Dah-gen: Stablecoins in Hong Kong *must* be 100% backed by liquid assets, focusing on international payments—not speculation. Regulations will draw from US, EU, Japan & Singapore, prioritizing interoperability. HK aims to build new stablecoin markets.
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Crypto investment surged in July, hitting a new all-time high of $5.36B – up 88% MoM & 427% YoY! 61 projects received funding, focused on CeFi, AI & DeFi. Public companies (Strategy, MARA, etc.) are building token reserves (BTC, SOL, etc.), signaling growing traditional capital interest.
#crypto #blockchain #news #BTC #Bitcoin
July blockchain updates: Bitcoin debates CTV+CSFS, Ethereum's Fusaka upgrade & increased gas limit (45M). Solana implemented BAM & raised compute limit (100M CU). BNB Chain launched FastFinality. Base introduced BaseApp. Cosmos paused EVM plans, focusing on IBC.
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Crypto trader “Brother Ma” reportedly gave up ~$22.45M in profits from ETH, HYPE & PUMP. He bought HYPE around $27.50 in May & ETH ~$2,654 in late May. Profits peaked in July but fell with the August market dip, per @EmberCN.
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Onchain Lens data indicates a whale address acquired 25,540 ETH (valued at $86.1 million) from FalconX six hours ago. This follows a previous transfer of 35,615 ETH ($130.11 million) to two wallets for staking, which have since incurred losses totaling $10 million.
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🚨 Big ETH short! Trader “0xcb9” just added 10k ETH to their position, now short 50k ETH (~$169M). Currently up $12M. 👀 #Ethereum #DeFi #short
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Sharplink Gaming, a microstrategy company focused on Ethereum, has increased its holdings by 15,822 ETH, valued at approximately $53.68 million, according to data from Onchain Lens. The firm now holds a total of 480,204 ETH, representing a value of around $1.62 billion.
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JPMorgan reports Bitcoin miners saw a major profitability boost in July, earning $57.4K/EH/s/day – the highest since April’s halving! 10/13 major miners outperformed Bitcoin’s 8% price gain despite increased difficulty. (Decrypt) #Bitcoin #mining
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Arkham Intelligence identified the hacker behind the 2020 LuBian exchange theft – the largest crypto heist ever (127,426 BTC, ~$1.35B as of Aug 2, 2025). Hacker still holds all funds. Breach likely due to a private key vulnerability. Activity detected in July 2024.
#crypto #blockchain #news #BTC #Bitcoin