BlockBeats message. On August 12, according to Onchain Lens monitoring, an Ethereum genesis wallet holding 2,680 ETH—currently worth approximately $5.05 million—became active for the first time after more than 11 years of inactivity. Its holdings were valued at about $830 in 2015, representing a profit multiple of over 6,080 times.
BlockBeats message: On August 12, according to OnchainLens monitoring, a certain whale sold off Ethereum worth $9.59 million. Within the past hour, the whale transferred 5,100 ETH (about $9.59 million) to FalconX, Galaxy Digital, and Coinbase, likely for an over-the-counter transaction.
Of these, 2,440 ETH (about $4.59 million) was transferred to FalconX; 1,180 ETH (about $2.22 million) was transferred to Galaxy Digital; and 1,480 ETH (about $2.78 million) was transferred to Coinbase.
BlockBeats message. On August 12, according to CME “FedWatch” data, the probability of the Fed keeping interest rates unchanged in September is currently 50.1%, while the probability of a 25-basis-point rate hike is 49.9%.
BlockBeats message. August 12, according to a report by Bloomberg, data from UBS Group shows that commodity trading advisers (CTAs) aiming to profit from movements in various asset prices increased their underweight bond positions by two times in July compared with two weeks earlier.
Since then, these bets have remained steady. Ahead of the upcoming U.S. consumer and producer price index, if the data pushes Treasury prices higher, these CTA trades face the risk of losses.
According to strategist Nicolas Le Roux, ahead of the release of inflation data, for every 1-basis-point move in the 10-year Treasury yield, the scale of CTAs’ profit and loss is about $300 million, with exposure at the highest level since UBS began compiling relevant data in 1990.
BlockBeats news, on August 12, Federal Reserve Goolsbee said that as long as consumption remains steady, the economy will remain healthy. The biggest problem the economy faces is inflation. (Jin10)
BlockBeats message: On August 12, the U.S. Energy Information Administration expects that ongoing disruptions in Middle East crude oil production of about 600,000 barrels per day will last through the end of 2027.
Pudgy Penguins co-founder launches new NFT series Spritehood on Robinhood Chain; sells out, minting revenue $1.28 million
BlockBeats message: On August 12, Pudgy Penguins co-founder Cole Villemain was voted out and replaced by the project’s holders in January 2022. Early this Tuesday, his Spritehood NFT series of 44,444 NFTs launched on the Robinhood Chain sold out in less than an hour. According to on-chain transaction statistics, the minting revenue from this NFT issuance was approximately $1.28 million. The public minting totalled 37,430 NFTs sold at a price of $17, and another 5,526 sold at $117; the latter corresponded to a $100 upgrade option provided on the minting page.
BlockBeats message: On August 12, the U.S. Energy Secretary said the seven-day average of the amount of oil exported daily through the Strait of Hormuz is currently close to 9 million barrels. (Jin10)
BlockBeats messages. On August 12, according to the EIA Short-Term Energy Outlook report, the forecast for the 2026 WTI crude oil price is $80.88 per barrel, previously expected to be $76.26 per barrel. The forecast for the 2027 WTI crude oil price is $65.39 per barrel, previously expected to be $60.76 per barrel.
The forecast for the 2026 Brent price is $86.81 per barrel, previously expected to be $81.91 per barrel. The forecast for the 2027 Brent price is $69.39 per barrel, previously expected to be $64.76 per barrel.
BlockBeats message, August 11, Qatar’s LNG shipment volumes rose to the highest level since March, suggesting the country is preparing for a possible reopening of the Strait of Hormuz.
Lusailaflan Port’s average daily LNG loading volume is about 80,000 tons, but this level is still down by approximately 60% compared with the same period last year. Among Qatar’s 14 LNG production trains, 7 show signs of being brought back online, indicating that production disrupted by the fighting is gradually recovering.
However, whether exports can fully rebound still depends on shipping access through the Strait of Hormuz. Relevant diplomatic negotiations are underway, but there is no guarantee that an agreement can be reached.
BlockBeats message, August 11: Iran’s highest national security council secretary Rezaei issued a statement: “The United States is the maker of insecurity in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman. By imposing an illegal war on Iran, it has put the entire region in danger. As long as the United States does not change its behavior and does not accept Iran’s conditions, the Strait of Hormuz will not be reopened. The United States must end the war, pay the frozen Iranian funds, and the war in the entire region—including in Lebanon and Gaza—must come to an end. In addition, other conditions conveyed to the U.S. through intermediaries must also be met. If Iran reaches an agreement with Oman regarding the Strait of Hormuz transit passage, that agreement will be handled separately from the issue of the blockade of the strait.”
BlockBeats messages: On August 11, Bitcoin treasury company Twenty One Capital recorded a net loss of US$413.5 million in the second quarter, mainly dragged down by a US$401.5 million decline in the value of the Bitcoin it holds.
Twenty One Capital (XXI) newly appointed CEO Raphael Zagury said the company, supported by Tether, now needs to become an enterprise that is “more than just a Bitcoin treasury,” and announced development plans covering areas including mergers and acquisitions, capital markets business, and Bitcoin collateralized lending.
AI infrastructure startup Trajectory completes $40 million in funding with Sequoia Capital participating
BlockBeats message: On August 11, according to The Information, AI infrastructure startup Trajectory announced it has completed a $40 million funding round, with a post-investment valuation of $300 million. Sequoia Capital participated as an investor; the specific round details and other investors have not been disclosed. Trajectory was founded by researchers from tech companies including Google and Apple. It mainly helps businesses customize open-source AI models for specific business needs and optimize the software toolchain that supports AI Agent operations (i.e., “Agent Harness”). As the costs of using closed-source large models continue to rise, more and more companies are looking for alternatives: on the one hand, they reduce costs by fine-tuning and customizing open-source models; on the other hand, they improve the Agent execution framework so that AI models can call tools and carry out tasks more effectively. This trend is driving a new wave of startup activity around model adaptation and Agent infrastructure.
BlockBeats message. On August 11, US President Trump said: “Currently, Iran’s inflation has reached 300%, and its currency is worthless. The Iranians still haven’t paid their soldiers’ salaries, and we fully control Iran’s funds. The United States can use its ‘powerful force’ to attack Iran. We have no shortage of missiles or ammunition.”
Manus will resume independent operations; some users must complete a data backup before August 23
BlockBeats message: On August 11, Manus issued an announcement saying that the company is about to resume independent operations. To complete this transition and meet regulatory requirements in certain jurisdictions, affected users must complete a data backup by 7:59 AM Singapore time on August 23, and then perform data restoration starting at 8:00 AM on August 25 to ensure continued normal use. Manus stated that it will notify affected users via email and in-app notifications; users who registered using an Apple ID or a Facebook account should pay attention to in-app notifications. Affected users can perform multiple backups before August 23, and after the first backup they can continue creating data, then re-run the backup. Starting at 8:00 AM on August 25, the data restoration entry point will officially open. Once users complete the restoration, they can continue using their data from before. During the transition period, affected users will not incur any charges, and Manus will also provide rewards.
BlockBeats messages. On August 11, U.S. President Trump said: “If we don’t strike Iran, it will obtain nuclear weapons. So this war is to prevent Iran from having nuclear weapons. But I’m frustrated with Iran’s negotiating style. The Iranians always pull tricks. They agree at the meeting table, then turn around and refuse through the media. Iran’s economy is in chaos.”
When talking about oil prices, Trump said: “Oil prices are even lower than they were under the Biden administration.”
BlockBeats news: On August 11, according to Bloomberg, Intercontinental Exchange Inc. (ICE) has begun issuing U.S. investment-grade corporate bonds two weeks after announcing a $6 billion acquisition of MarketAxess Holdings Inc.
A source familiar with the matter said the bond offering launched on Tuesday would be split into up to five tranches, with maturities ranging from 3 to 10 years. The source requested anonymity because they are not authorized to discuss the matter publicly.
The source added that the initial price guidance for the longest-maturity bond is approximately 1.15 percentage points above U.S. Treasury yields.
River Markets completes $8.5 million seed round, aiming to build prediction market trading tools for institutions
BlockBeats news: On August 11, citing a report by Fortune magazine, River Markets announced on Tuesday that it completed a $8.5 million seed round in July. The round was led by Haun Ventures, with participation from Y Combinator and Coinbase Ventures. Other investors include Qube Research Technologies, as well as angel investors from Google, Nvidia, Novig, JPMorgan Chase, and Citadel. The founders declined to disclose the company’s valuation for this round. River Markets’ founder said that to meet institutional demand for prediction markets at scale, the technology must enable institutions to trade across platforms and handle larger order volumes. Since the company launched in May, it has provided institutions with relevant software, data connectivity, and risk management tools, and its algorithms are designed to reduce price volatility caused by large transactions. The company expects that by the end of this year, the platform’s annualized trading volume will exceed hundreds of millions of dollars.