Crypto Morning Brief: Arkham reveals largest Bitcoin theft in history; tokens including ENA, IMX, and MOVE to undergo major unlocks this week
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Crypto Morning Brief: Arkham reveals largest Bitcoin theft in history; tokens including ENA, IMX, and MOVE to undergo major unlocks this week
Trump will announce the new head of the Bureau of Labor Statistics and a candidate for a Federal Reserve Board position in the coming days.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Dynamics
Trump: To announce new Bureau of Labor Statistics chief and a Federal Reserve board nominee in the coming days
According to Jinshi Data, U.S. President Trump stated he will announce a candidate to fill the vacant Federal Reserve board position in the coming days, and will name a new head of the Bureau of Labor Statistics within the next three to four days.
Note: Federal Reserve Board member Kugler announced her resignation effective August 8. In a letter to Trump, the 55-year-old Kugler did not disclose the reason for her departure, stating only that she will return to Georgetown University as a professor in the fall. She did not attend last week’s FOMC meeting, with officials citing personal matters for her absence.
U.S. Trade Representative: Tariff policies largely set
According to Jinshi News, U.S. Trade Representative Greer said on August 3 local time that President Trump's recent new tariffs on multiple countries are "largely set" and will not be adjusted during current negotiations. This includes a 35% tariff on goods imported from Canada, a 50% tariff on Brazil, a 25% tariff on India, and a 39% tariff on Switzerland. Greer noted that some tariffs are based on bilateral trade surpluses and deficits, adding, "These rates are largely fixed."
Sci-Tech Innovation News: Hong Kong RWA registration platform to launch on August 7
According to Sci-Tech Innovation News, the Hong Kong RWA registration platform will go live on August 7, initiated by the Hong Kong Web3.0 Standards Association, aiming to provide an integrated service system covering digitization, assetization, and financialization throughout the RWA tokenization process.
Sam Altman: New models expected in coming months, though capacity "crisis" may occur
ChatGPT founder Sam Altman posted on X that new models, products, and features may roll out over the next few months, but minor issues and capacity crises could arise during this period. While there might be some instability, the market should be able to accept the upcoming releases.
Linea DEX Etherex announces native token REX launch on August 6
According to an official announcement, Linea-based decentralized exchange Etherex will launch its native token REX on August 6.
Bitcoin restaking platform SatLayer opens airdrop registration
Bitcoin restaking platform SatLayer announced on X that airdrop registration via SlayDrop is now open, closing at 9 PM Beijing time on August 9.
Prior news: SatLayer completed an $8 million Pre-Seed funding round led by Hack VC and Castle Island Ventures.
Towns Protocol reveals tokenomics: 57% of tokens allocated to airdrops, grants, and community programs
Communication platform Towns Protocol has revealed its tokenomics: a total supply of 10 billion TOWNS tokens, with over 10% to be airdropped on August 5 to early users, partners, and content contributors.
Justin Sun returns to Earth aboard Blue Origin spacecraft after 10 minutes and 14 seconds
According to Blue Origin's official livestream, TRON founder Justin Sun has successfully completed his spaceflight aboard the New Shepard rocket, with the crew capsule landing safely after a 10-minute and 14-second journey.
Arkham: LuBian mining pool suffered 127,000 BTC theft in 2020; hacker still holds assets
According to Arkham, LuBian, once among the world’s top ten mining pools, suffered a major security breach in December 2020, resulting in the theft of 127,426 BTC—worth $14.5 billion at current prices—making it the largest Bitcoin theft in history.
Arkham stated that LuBian was a Chinese mining pool with operations in China and Iran. In May 2020, it controlled nearly 6% of the Bitcoin network's total hash rate, giving it significant industry influence. The attack occurred on December 28, 2020, when attackers reportedly exploited a vulnerability in its private key generation algorithm, using brute force methods to steal over 90% of its holdings. On the following day (December 29), the hacker transferred part of the stolen BTC worth $6 million.
In addition, LuBian attempted to appeal to the hacker via OP_RETURN messages on-chain. The company sent 1,516 transactions containing messages, costing a total of 1.4 BTC, further confirming the authenticity of the incident.
Currently, LuBian retains 11,886 BTC (approximately $1.35 billion), while the hacker’s latest on-chain activity was an address consolidation in July 2024. As of disclosure, the hacker still controls the stolen BTC, remains unidentified, and ranks as the 13th-largest BTC holder globally—even surpassing the Mt. Gox hacker address in holdings.
Trump Media & Technology Group Q2 report: Financial assets reach $3.1 billion, up ~800% year-on-year
According to Globenewswire, Nasdaq-listed Trump Media & Technology Group (DJT) released its financial results for the quarter ended June 30, 2025, disclosing:
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Financial assets reached approximately $3.1 billion in Q2, including cash, cash equivalents, restricted cash, trading securities, and short-term investments—an increase of about 800% year-on-year. The primary driver was the company raising nearly $2.4 billion for its Bitcoin treasury strategy and accumulating around $2 billion in Bitcoin and Bitcoin-related securities in July, making it one of the publicly traded companies with the largest Bitcoin holdings.
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The company achieved positive operating cash flow for the first time in Q2, with total operating cash flow reaching $2.3 million, though net losses widened to $20 million.
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Truth+ plans to launch a rewards program and embed a utility token within its digital wallet. Initially, the token can be used to pay for Truth+ subscriptions, and later expanded to other products and services within the Truth ecosystem.
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Multiple ETFs have filed registration statements, including the Truth Social Crypto Blue Chip ETF, Truth Social Bitcoin and Ethereum ETF, and Truth Social Bitcoin ETF.
This week, large token unlocks for ENA, IMX, MOVE, etc., totaling over $120 million
Token Unlocks data shows that this week will see major token unlocks for ENA, IMX, MOVE, and others, with a total value exceeding $120 million:
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ENA will unlock 171.88 million tokens on August 5, valued at approximately $102.25 million, representing 2.70% of circulating supply;
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IMX will unlock 24.52 million tokens on August 8, valued at approximately $12.27 million, representing 1.30% of circulating supply;
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MOVE will unlock 50 million tokens on August 9, valued at approximately $6.44 million, representing 1.89% of circulating supply;
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IOTA will unlock 15.16 million tokens on August 6, valued at approximately $2.79 million, representing 0.39% of circulating supply;
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SXT will unlock 24.64 million tokens on August 8, valued at approximately $2.16 million;
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MAVIA will unlock 11.89 million tokens on August 6, valued at approximately $1.96 million, representing 23.03% of circulating supply;
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SPEC will unlock 3.62 million tokens on August 5, valued at approximately $1.86 million, representing 17.57% of circulating supply;
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RENDER will unlock 492,130 tokens on August 10, valued at approximately $1.76 million, representing 0.09% of circulating supply;
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AXS will unlock 652,500 tokens on August 10, valued at approximately $1.47 million, representing 0.39% of circulating supply;
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EIGEN will unlock 1.29 million tokens on August 5, valued at approximately $1.43 million, representing 0.40% of circulating supply;
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RESOLV will unlock 7.6 million tokens on August 10, valued at approximately $1.36 million, representing 2.72% of circulating supply.
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