1. 80,000 BTC Linked to Adam Back
Movements of over 80,000 BTC from long-dormant wallets stirred debate in the crypto community. Media reports suggest the coins may belong to British cryptographer Adam Back, creator of Hashcash and one of the few people known to have corresponded with Satoshi Nakamoto. An HBO documentary claims Back and developer Peter Todd could form a “collective Satoshi” figure. Back has neither confirmed nor denied ownership, which only deepens speculation.
2. BigONE Loses $27 Million in Supply Chain Attack
The Seychelles-based crypto exchange BigONE was hit by a sophisticated infrastructure-level hack. Attackers altered backend logic to withdraw assets from hot wallets — including BTC, ETH, USDT, SOL, SHIB, and more. The exchange froze deposits and trading, and promised to fully reimburse users. The breach highlights the ongoing risks of centralized exchanges.
3. Ethereum Breaks $3,400 on Strong ETF Inflows
ETH climbed past $3,400 for the first time in months, driven by institutional demand. Spot Ethereum ETFs recorded $726 million in inflows in a single day, with over $2 billion added since the beginning of July. The surge reflects renewed confidence in DeFi and Layer-2 ecosystems.
4. Total Crypto Market Cap Exceeds $4 Trillion
The total value of all cryptocurrencies surpassed the $4 trillion mark for the first time. This milestone was fueled by the steady growth of BTC and ETH, along with sustained interest from institutional investors. Many analysts see this as the beginning of a new leg in the bull market.
5. DoS Attack Hits Polygon, IRON/TITAN Collapse
Polygon faced a large-scale denial-of-service attack that affected DeFi protocol IRON Finance. The TITAN token collapsed from $50 to near-zero, prompting the team to urge users to withdraw funds. The incident highlights the fragility of poorly designed tokenomics in volatile environments.
6. Coinbase Accused of Fueling Binance Rumor
A new investigation suggests Coinbase may have been the anonymous source behind a Bloomberg report linking Binance and the Trump-affiliated USD1 stablecoin. Internal panic reportedly grew at Coinbase amid speculation about a possible pardon for CZ. Binance reacted publicly, and CZ hinted at legal action. Coinbase has denied all involvement, calling the claims misinformation.
