ZeroStack Plans 0G Reward Sales as $163M Crypto Assets Fall to $15M
ZeroStack plans to fund operations through 0G reward sales after its digital assets showed a $163.4 million cost basis and $15.2 million fair value on June 30. ZeroStack ended June with $2.6 million in cash, negative working capital and a $61.3 million first-half loss. The filing does not establish a 12-month runway.
Suspected Coldcard Attack Hits 388.93 BTC Across 462 Addresses
A suspected organized Coldcard attack involved 388.92748828 BTC across 462 victim addresses. Galaxy's Head of Research monitoring showed 218 transactions between blocks 960,778 and 960,792. Similar transactions remained in the mempool awaiting confirmation, and previously confirmed transactions had RBF enabled.
The Kobeissi Letter said S&P 500 companies have exceeded market expectations by an average of 27% in Q2 2026 earnings. Nasdaq 100 companies have exceeded expectations by 55%.
BitGo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address on August 1. The deposit was worth approximately $6.3 million at the time. On-chain records showed the balance had not been transferred out as of August 2.
A wallet linked to Strategy transferred 299.84 BTC worth $18.91 million about nine hours ago. Lookonchain said Strategy last moved BTC between July 1 and July 5, when it sold 3,588 BTC worth about $216 million.
Lookonchain monitoring showed a wallet potentially linked to Strategy transferred 299.84 BTC worth $18.91 million 9 hours ago. The wallet last moved BTC between July 1 and July 5, the same week Strategy sold 3,588 BTC worth $216 million.
ChangXin Technology's stock surged 523% in its first week of trading. Analyst market-cap forecasts range from about $160 billion to $1.1 trillion over the next 12 months.
Chinese Public Security Researchers Build AI Tool to Track Crypto Laundering
Researchers at the People's Public Security University of China developed an AI framework with nearly 90% overall accuracy for detecting illegal cryptocurrency transactions. The framework combines memory modules with large language models to analyze cryptocurrency transaction data. Chinese procuratorial authorities prosecuted 3,259 money laundering cases involving virtual currencies and underground banks in 2025.
Since February this year, Bitcoin's 3-month futures basis yield has stayed below the 2-year U.S. Treasury yield. The gap marks the longest such stretch since the market cycle bottom of 2022-2023.
Dan Bin said the AI cycle remains in its early stages after the Nasdaq chip index fell over 20% in the past month. He said funds may flow back into high-quality tech assets as the tech stock correction may be nearing its end in August.
Crypto analyst Darkfost said short-term holders deposited more than 32,000 BTC to exchanges on Aug. 1. Darkfost described the move as the group's biggest loss-cutting deposit in the past 30 days.
CoinMarketCap’s Crypto Fear and Greed Index stood at 35, indicating fear remained in the market. The gauge moves toward zero for extreme fear and toward 100 for extreme optimism.
Tokenomist data shows PROVE has a 208 million token unlock worth $34.96 million scheduled for this week. ENA, OPN and MOVE also have scheduled unlocks during Aug. 3–9.
Multiple market analysts said shorting the yen now carries higher risk after the US joined Japan in intervening in the currency. Analysts said sustained yen appreciation still needs support from fundamentals.
River's latest proof of reserves shows current BTC holdings increased by 5,525 BTC from the previous report on July 10. Total bitcoin holdings rose 21%, and Bitcoin News stated on X that many bitcoin users moved funds to River after the COLDCARD vulnerability exploit event.