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According to CoinDesk, an address from the "Satoshi era" that has never been used since March 2011, holding 35.55 bitcoins (approximately $2.54 million), made a transfer this week, which is seen as one of the first publicly visible responses from defendants in a lawsuit involving approximately 3.8 million bitcoins (valued at about $285 billion) in New York.On-chain data shows that the address transferred 15 BTC to a new address on June 2, keeping the remaining 20.55 BTC as change. The address initially received bitcoins on March 27, 2011, when the price of BTC was less than $1.In March of this year, a plaintiff using the pseudonym "Noah Doe" filed a lawsuit in New York state court alongside two LLCs from Wyoming, attempting to claim ownership of approximately 3.8 million long-dormant bitcoin wallets under New York's lost property law, positioning themselves as the "discoverer." The court approved sending on-chain notifications to the relevant wallets via the bitcoin OP_RETURN field.In July 2025, the advisory firm Salomon Brothers Strategic Advisors sent dust transactions with links to legal notices to 39,000 wallets, including the aforementioned address, requesting holders to prove ownership within 90 days.Alex Thorn, head of research at Galaxy Research, pointed out that the address corresponds to defendant number 38215 in the case, stating, "Clearly, these bitcoins have not actually been abandoned."Additionally, another address that had been dormant for 15 years, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, also transferred 20 BTC (approximately $1.48 million) on the same day, but this address did not appear on Noah Doe's list of lawsuits.Analysis suggests that the on-chain movements mentioned above indicate that some bitcoins from the Satoshi era, considered "abandoned assets," are actually still under the control of the original holders.

Drift Protocol stated that its current top priority is to restart the platform and restore revenue-generating capabilities to expedite the recovery process of user funds. After the platform restarts, it will become the largest USDT-based perpetual contract trading platform on Solana, and the related revenue will be used to support a specially established user compensation fund.Drift claims that substantial progress has been made in the restart efforts with strategic support from Tether and other partners. To enhance security, Drift announced the appointment of Noah Prince, the former head of engineering at Helium Protocol, as the protocol lead, responsible for protocol restructuring and security system upgrades.Meanwhile, former members of the Gauntlet team have also joined the restart efforts, providing risk management and treasury design support for the platform, including clearing engine reviews, funding rate optimization, market parameter adjustments, and ongoing risk monitoring. Additionally, Drift has hired the cybersecurity company Mandiant to conduct an independent forensic investigation of the attack incident.The investigation results indicate that this attack can be clearly attributed to the North Korean hacker group UNC6862, which is associated with multiple cyber attack operations. Drift stated that it will continue to prioritize security in advancing the platform restart and will announce the user compensation mechanism and specific timeline in the future.

According to The Defiant, Binance announced that it will officially stop centralized NFT market services starting from July 3, 2026, and all NFT functions will be migrated to the self-custody Binance Wallet.This move marks a near-complete retreat of NFT markets supported by centralized exchanges (CEX). Previously, platforms such as Coinbase NFT, Kraken NFT, Gemini Nifty Gateway, and X2Y2 have successively closed or transformed.Binance stated that this adjustment aims to provide users with a more seamless Web3 NFT experience. Users must withdraw transferable NFTs to Binance Wallet or other self-custody wallets by July 3 at 23:59 (UTC), and the platform will reimburse part of the withdrawal fees.

The edgeX official report on the abnormal price fluctuations of the EDGE token states that the EDGE price once dropped from approximately $1.12 to about $0.32 within about 1 hour, during a period of weak liquidity, due to concentrated sell-offs from multiple addresses combined with high-leverage long liquidations and flash crashes triggered by CEX interactions. There were no changes to the team address during this period.edgeX stated that it will strengthen market making and liquidity, and set up a reward of 200,000 USDC on-chain to trace the addresses associated with the attack. At the same time, for users who incurred actual realized losses due to long positions in EDGE being liquidated or triggering stop-losses on edgeX Perp V1/V2 within a specified time window, the platform will provide goodwill compensation based on the actual loss amount, with a limit of 100,000 USDC per person, of which 50% will be distributed in USDC within 7 days after review, and 50% will be distributed in EDGE based on the 7-day TWAP in the first week of April 2027.

Jeff Walton (@PunterJeff) of Strive stated that Strive is raising funds at an average daily rate of $8.1 million, which, if used to pay dividends, could support the issuance of $15.5 billion in SATA tokens. Jeff Walton mentioned that this amount of funds is equivalent to buying approximately 175,000 BTC at current prices, which would increase its total BTC holdings to 10 times the current size.

Strive CEO Matt Cole stated that the company expects to increase the scale of its two ATM (At-The-Market) financing plans for ASST and SATA by $2.1 billion each, reflecting the ongoing growth in liquidity and investment demand for the two securities.Cole indicated that the adjustments demonstrate investors' continued interest in ASST and SATA. The company plans to release the latest balance sheet update before the U.S. stock market opens tomorrow, disclosing more financial and capital allocation information. The ATM financing mechanism allows publicly listed companies to gradually sell newly issued shares during market trading, enhancing financing flexibility and dynamically raising funds based on market demand.

According to Gate market data, influenced by reports of Iran halting communication with the United States, the US Dollar Index DXY rose to a daily high of 99.23.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $274 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are attempting to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and that they have the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address.However, even if they win completely, they will ultimately only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses. But Galaxy indicates that the real value of the New York ruling lies in its potential to serve as a "title defect," allowing plaintiff Noah Doe to raise objections with exchanges or custodians if these bitcoins appear in any regulated venue.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $27.4 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are trying to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and they claim the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address. However, even if they win completely, they will only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses.But Galaxy indicated that the real value of the New York ruling lies in its potential to serve as a "title defect." If these bitcoins appear in any regulated venue, the plaintiff Noah Doe can use this document to raise objections with exchanges or custodians.

The Hyperliquid ecosystem project Ventuals posted on X: "We have noticed that about an hour ago, there was an incident in our SPACEX market. One of the off-chain data providers, which is a component of the oracle price, returned erroneous data, causing severe fluctuations in the oracle price and mark price of that market, which in turn triggered the liquidation of some users' positions.We have taken immediate measures to prevent similar situations from occurring in any Pre-IPO market and are assessing the impact of this incident on affected users to formulate an appropriate compensation plan. Affected users will receive compensation within the next 48 hours.According to previous news from ChainCatcher, the SPACEX-USDH perpetual contract on Hyperliquid experienced a 45% flash crash last night."

According to The Block, based on the latest official documentation, Tether's USAT supply has increased by nearly 540% month-on-month, rising from approximately 22 million in March to over 140 million in April, with the total reserve balance also increasing to about 141 million USD, which means that the reserve surplus is approximately 327,000 USD relative to the circulating token quantity.Tether CEO Paolo Ardoino stated that the adoption of regulated digital dollars is accelerating, and as stablecoin regulations become clearer, institutions will seek digital dollars that combine scale, regulated issuance, and transparent reserve reporting. USAT was launched in January, aiming to comply with the requirements of the GENIUS Act, marking Tether's attempt to enter the U.S. regulatory framework.

According to monitoring by BitcoinTreasuries.NET, Strive's preferred stock SATA reached a record high daily Bitcoin accumulation yesterday, totaling 402 bitcoins, which accounts for 51% of its total Bitcoin accumulation over the previous week, marking the largest single-day accumulation since its IPO.

Bitcoin Treasuries.NET posted on platform X that Strive's SATA has today raised enough funds to purchase 396 bitcoins, exceeding the previous weekly record in just two trading days. This week, the total amount raised can buy 798 bitcoins and is still increasing.

According to CCTV News, the State Council Information Office held a series of themed press conferences on "Starting the 14th Five-Year Plan," introducing the situation regarding "Promoting Comprehensive Rule of Law." At the press conference, Liu Guixiang, a deputy-level full-time member of the Supreme People's Court Judicial Committee and a second-level chief judge, stated that in-depth research on new case adjudication rules for virtual currencies, cross-border finance, and other new types of cases should be conducted. Judicial interpretations regarding civil compensation related to insider trading and market manipulation should be formulated as soon as possible to ensure the stable operation of the capital market and effectively safeguard the legitimate rights and interests of small and medium-sized investors.In response to the new business formats of the digital economy, normative documents regarding judicial protection of artificial intelligence cases and data ownership should be researched and developed. The adjudication rules concerning data ownership, data transactions, AI generation, and other aspects should be improved to promote the deep integration of digital technology with the real economy, assist in perfecting the foundational institutional system for data elements, and promote the construction of an integrated data market that is open, shared, and secure.

According to Decrypt, the Digital Chamber has written to OCC Director Jonathan Gould, urging him to stick to the decision to grant national trust bank charters to crypto companies like Coinbase, Ripple, and Circle.Previously, Senator Elizabeth Warren accused the approval of these charters of violating the National Bank Act and posing a threat to the safety of the U.S. banking system. The Digital Chamber countered that Congress has effectively authorized the OCC to extend bank charters to stablecoin businesses through the GENIUS Act, and that the approved companies do not accept FDIC-insured deposits, thus not constituting traditional banking operations.

According to Bitcoin News monitoring, a transfer from the Satoshi era Bitcoin miner has appeared on the blockchain again, with an early Bitcoin miner whale transferring 2,650 BTC to institutional trading firms FalconX and Cumberland, worth approximately $203 million. The miner still holds about 6,000 BTC, valued at over $460 million.

According to Cointelegraph, plaintiff Noah Doe and two limited liability companies from Wyoming filed a lawsuit in New York, USA, on May 1, seeking a court ruling on their ownership of 39,069 dormant Bitcoin addresses, citing New York State's lost property law, claiming that the relevant addresses' holdings constitute legally "abandoned property."The addresses involved include those starting with "12c6D" associated with Satoshi Nakamoto and those starting with "1Feex" linked to the Mt. Gox hack. According to estimates by Timechain Index founder, the listed addresses hold approximately 3.7 million BTC, valued at around $28.5 billion.However, Noveleader, chief research analyst at investment research firm Castle Labs, pointed out that even if the court rules in favor of the plaintiffs, it would only be symbolic, as the Bitcoin network itself does not have a mechanism for reallocating funds without private keys. Additionally, the plaintiffs sent legal notices to P2PKH format addresses, while the involved BTC is actually stored in P2PK scripts. The analyst believes this move is "structurally flawed," which could render the abandonment notice procedure itself invalid.

According to Decrypt, MoonPay has launched a dedicated app within the ChatGPT application, allowing users to purchase cryptocurrencies such as Bitcoin, XRP, Solana, and USDC directly within the OpenAI chatbot. Users can ask ChatGPT for cryptocurrency information and then request to purchase a specified amount, after which ChatGPT will generate a MoonPay checkout link. Users must complete the standard KYC process and connect their wallets.MoonPay's blockchain engineer stated that ChatGPT is becoming an entry point for financial research, and the cryptocurrency purchasing feature has been previously missing. This app is part of MoonPay's expansion into AI-driven cryptocurrency tools. Earlier this month, MoonPay also acquired the AI trading startup Dawn Labs and launched the trading assistant Dawn CLI. Arifin mentioned that chatbots like ChatGPT are becoming the new entry points to the internet.

According to Onchain Lens monitoring, a Bitcoin OG miner from the Satoshi era deposited 2,650 BTC ($203 million) into FalconX and Cumberland.This OG whale still holds 6,000 BTC, worth approximately $462 million.