Last night and this morning's important news (August 10th August 11th)
PANews|Aug 11, 2025 02:30
SharpLink is suspected of buying all the previously raised $200 million into ETH
According to on chain analyst Yu Jin's monitoring, 10 hours ago, a new wallet withdrew 52809 ETH ($220 million) from Coinbase Prime and distributed it to 8 wallets for Ethereum staking, including a known address for SharpLink (SBET). SharpLink only sold its stocks last Friday to raise $200 million, so it is likely that it bought these funds into ETH over the weekend. If the guess is correct, SharpLink (SBET) currently holds 621000 ETH worth $2.65 billion. The average purchase price is approximately 3226 US dollars.
The 1-inch team investment fund sold a portion of ETH and 1INCH, achieving a return of 8.36 million US dollars
According to on chain analyst Yu Jin's monitoring, the 1inch team investment fund has started selling the ETH and 1INCH it previously purchased on the chain. At present, 5000 ETH have been sold at an average price of $4215 to exchange for 21.07 million USDC; Sell 6.45 million 1INCH at an average price of 0.28 USD to exchange for 1.8 million USDC. The ETH and 1INCH that have been sold today have generated a profit of 8.36 million US dollars. ETH is 11198 ETH that it purchased at a price of $2577 for 28.85 million USDC in February; 1INCH was purchased in July at a price of 0.253 USD for a total of 61.76 million pieces of 1INCH at a cost of 15.65 million USD.
A whale/institution has once again increased its holdings of over 200 million US dollars in ETH, and currently holds over 900 million US dollars in ETH
According to Onchain Lens monitoring, a whale/institution has increased its holdings of 49533 ETH worth $210.68 million from Galaxy Digital and FalconX. At present, the whale holds a total of 221166 ETH worth 940.73 million US dollars, distributed across 6 different wallets. Previously, it was reported that a certain whale/institution has hoarded over 170000 ETH, equivalent to approximately 670 million US dollars, in the past four days.
An Ethereum developer was "detained" in Türkiye on suspicion of helping others "abuse" Ethereum
According to BeInCrypto, an Ethereum developer named "Fede's Intern" was detained in Izmir, Türkiye, on suspicion of helping others "abuse" Ethereum. The developer stated in a post on X that authorities accused him of assisting with this activity. Fede's Intern denies any misconduct and emphasizes that he and his team are "just infrastructure builders" and willing to cooperate with authorities. During the 'detention' period, he intermittently released updates stating that he had been transferred to a private room and provided with food. He also claimed that he was being arranged to leave Türkiye for Europe by private plane within a few hours. After arriving in Europe, he will continue to defend himself against the charges with the legal team.
US Treasury Secretary: Leading the search for Powell's successor
According to CCTV News, on August 10th local time, US Treasury Secretary Vicente stated that he is leading the search for a successor to Federal Reserve Chairman Powell.
TRM Labs: Ransomware organization Embargo transfers $34 million in cryptocurrency since April
According to Cointelegraph, blockchain intelligence firm TRM Labs stated that a ransomware organization called Embargo has transferred over $34 million in ransom related cryptocurrencies since April. Embargo currently has approximately $18.8 million in cryptocurrency stored in non affiliated wallets, and experts believe that this strategy may be aimed at delaying detection or exploiting better money laundering conditions in the future. Embargo operates under the ransomware as a service (RaaS) model, primarily targeting industries with high downtime costs, including healthcare, business services, and manufacturing, and tends to attack victims within the United States, possibly due to their stronger payment capabilities. TRM's investigation suggests that Embargo may be a renamed version of the notorious BlackCat (ALPHV) organization, which disappeared earlier this year due to suspected withdrawal from a scam. These two organizations overlap technically, both using the Rust programming language, operating similar data breach websites, and demonstrating on chain connectivity through shared wallet infrastructure. Although Embargo is not as aggressive as LockBit or Cl0p, it employs a dual ransomware strategy: encrypting the system and threatening victims to leak sensitive data if they do not make payment. In some cases, the organization may publicly name or leak data on its website to increase pressure.
Crypto executive: At least one Bitcoin user is kidnapped every week, and the frequency of attacks will increase during bull markets
According to Cointelegraph, SatoshiLabs founder Alena Vranova has warned of an increasing number of wrench attacks, personal attacks, and kidnapping incidents targeting Bitcoin and cryptocurrency holders. Every week, at least one Bitcoin holder in the world is kidnapped, tortured, extorted, and sometimes even suffers more serious consequences. She warned that even small cryptocurrency investors could become targets of violent criminals. It may seem like a problem that only Bitcoin OG investors would encounter, but the reality is not like that. We have seen people kidnapped for cryptocurrency worth $6000, and we have seen people murdered for cryptocurrency worth $50000. Currently, the identity information of over 80 million Bitcoin holders and cryptocurrency users has been leaked online; 2.2 million of them include home addresses. She added that these attacks are related to the price of Bitcoin and their frequency increases during bull markets.
Russian hacker group GreedyBear recently stole over $1 million worth of cryptocurrency by forging MetaMask wallets and other means
According to Decrypt, Koi Security, headquartered in the United States and Israel, reported that the Russian hacker group GreedyBear has stolen over $1 million worth of cryptocurrency in the past five weeks using 150 "weaponized Firefox extensions," nearly 500 malicious executable files, and "dozens" of phishing websites. Koi's Chief Technology Officer Idan Dardikman stated that the Firefox attack campaign is "by far" its most profitable attack medium, with the majority of the $1 million in revenue coming from it. This particular strategy involves creating fake versions of widely downloaded encrypted wallets such as MetaMask, Exodus, Rabby Wallet, and TronLink. Hackers use Extension Hollowing to bypass market security measures, initially uploading a non malicious version of the extension program, and then updating the application with malicious code. The organization also released false comments about the extension program, giving people a false impression of trust and reliability. Once downloaded, malicious extensions can steal wallet credentials and be used to steal cryptocurrencies. Another major attack tactic of the organization involves nearly 500 malicious Windows executable files, which are added to websites in Russia that distribute pirated or repackaged software. This type of executable file includes credential stealing programs, ransomware, and Trojan programs.
LayerZero Foundation proposes to acquire Stargate Cross Chain Bridge and its token STG for $110 million
According to The Block, LayerZero Foundation proposes to acquire Stargate Cross Chain Bridge and its STG token for $110 million. According to the terms of the proposal, STG tokens will be discontinued, and STG holders can exchange their tokens for Layer Zero's native token ZRO at a ratio of 1 STG to 0.08634 ZRO, equivalent to a value of $0.1675 per STG and $1.94 per ZRO. Stargate will be incorporated into the LayerZero Foundation and its DAO will be dissolved. The proposal aims to accelerate the development of Stargate and LayerZero, provide resources for Stargate to implement a proactive roadmap, expand its privileges beyond bridging, and deeply connect a powerful revenue generating protocol with the LayerZero ecosystem, allowing end consumers to have deeper access to LayerZero. ”
Data: APT, ARB, AVAX and other tokens will receive large-scale unlocking, with APT unlocking worth approximately 52.1 million US dollars
According to Token Unlocks data, APT, ARB, AVAX and other tokens will receive large unlocking next week. Among them, Aptos (APT) will unlock about 11.31 million tokens at 8:00 am Beijing time on August 12th, with a ratio of 2.20% to the current flow and a value of about 52.1 million US dollars; Arbitrarum (ARB) will unlock approximately 92.65 million tokens at 9pm Beijing time on August 16th, with a ratio of 2.04% to the current flow and a value of approximately 41.9 million US dollars; Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8:00 am Beijing time on August 15th, with a ratio of 0.51% to the current flow and a value of approximately 39.2 million US dollars; Sei (SEI) will unlock approximately 55.56 million tokens at 8pm Beijing time on August 15th, with a ratio of 1.21% to the current flow and a value of approximately $17.5 million; Solayer (Layer) will unlock approximately 27.02 million tokens at 10pm Beijing time on August 11th, with a ratio of 9.51% to the current flow and a value of approximately $17 million; Starknet (STRK) will unlock approximately 127 million tokens at 8:00 am Beijing time on August 15th, with a ratio of 5.98% to current flow and a value of approximately $16.8 million; Io.net (IO) will unlock approximately 13.29 million tokens at 8pm Beijing time on August 11th, with a ratio of 6.51% to the current flow and a value of approximately $8.3 million; Peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 am Beijing time on August 12th, with a ratio of 7.03% to the current flow and a value of approximately 5.6 million US dollars; BounceBit (BB) will unlock approximately 42.9 million tokens at 8:00 am Beijing time on August 11th, with a ratio of 6.36% to the current flow and a value of approximately 5.4 million US dollars.
Huajian Medical launches the "Global Enhanced Ethereum (ETH) Vault" strategy
Huajian Medical (01931. HK) has announced the latest strategic upgrade and maintenance measures of the group - approved by the board of directors, the group has officially launched the "Global Enhanced Ethereum (ETH) Vault with Downward Protection Mechanism" strategy (Ethereum (ETH) Vault Strategy).
Michael Saylor releases Bitcoin Tracker information again, Strategy may disclose increase in holdings data next week
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has once again released Bitcoin Tracker information on the X platform and may disclose the increase in holdings data next week. He said, "If you don't stop buying Bitcoin, you won't stop making money
AguilaTrades, a giant whale, started short ETH with 25 times leverage 20 minutes ago
According to on chain analyst Yu Jin's monitoring, AguilaTrades, a giant whale, has started short selling ETH. He started short selling ETH 20 minutes ago with a leverage of 25 times and is currently using TWAP (Time Weighted Average Price) orders to execute the sell. The order shows that he will complete a short sale of 10000 ETH ($42 million) in 3 hours.
White House crypto chief dissatisfied with top US banks still banning wealth management platforms from accessing Bitcoin ETFs
White House AI and Cryptocurrency Director David Sacks expressed dissatisfaction on X platform with multiple US banks still banning wealth management platforms from accessing Bitcoin ETFs. He wrote, "Why do top US banks still prohibit or restrict access to Bitcoin ETFs on their wealth management platforms? Is this the final trace of 'de banking'? ”
Analyst: ETH price target is currently $20000, or set a new high within 1-2 weeks
According to Cointelegraph, market sentiment has risen again after ETH broke through the $4000 mark for the first time since the end of 2024. Analyst Merlijn stated that the upward channel for ETH prices has opened, and the current highest target price may be set at $20000. In addition, trader BitBull pointed out that driven by large-scale bear pressure and institutional buying, it may be easier to achieve a new historical high for ETH prices. If the weekly closing price is higher than the $4100 range, the new historical high may appear within 1-2 weeks.
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