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Bo Shen, the founder of Distributed Capital, posted on social media to publicly solicit clues related to the theft of his personal wallet and established a bounty mechanism.Bo Shen stated that his personal wallet was hacked in 2022, resulting in a loss of approximately $42 million. In the three years since the incident, his team has continued tracking efforts and has now gathered more key clues and evidence, with the on-chain flow path of the stolen assets gradually becoming clearer. This bounty program is open to all individuals and institutions, with no restrictions on identity, background, or form. Anyone who makes a substantial contribution to the recovery of the assets will receive a reward of 10% to 20% of the final recovered amount, with the specific percentage determined based on the actual contribution level.

According to The Block, the stablecoin startup Payy has completed a $6 million seed round of financing, led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto. The financing is structured as a SAFE agreement with token warrants, and this round was completed in December of last year. To date, Payy has raised a total of $8 million.Payy was originally named Polybase and is a Web3 database project that transitioned into a stablecoin payment platform in 2023.

According to a report by The Block, the Financial Services Commission (FSC) of South Korea has released a report indicating that in the second half of 2025, approximately $60 billion (90 trillion KRW) of cryptocurrency assets from South Korean exchanges will flow to overseas platforms and private wallets, representing a 14% increase from the first half of the year. Regulators believe this may be related to arbitrage activities during market volatility.Meanwhile, despite a 3% increase in the number of users on local exchanges to 11.1 million accounts and a 31% rise in deposits to 8.1 trillion KRW (approximately $5.4 billion), the combined operating profit of 18 exchanges in the second half of 2025 was only 380.7 billion KRW (approximately $253 million), a significant decline of 38% compared to the first half.The total market capitalization of the South Korean crypto market at the end of 2025 is estimated to be around 87.2 trillion KRW (approximately $58 billion), an 8% decrease from the first half of the year. The average daily trading volume also fell by 15% to 5.4 trillion KRW (approximately $3.6 billion), with regulators pointing out that the decline in the prices of major cryptocurrencies at the end of the year was the main reason for the drop in trading volume and profitability.

According to Onchain Lens monitoring, 45 minutes ago, Abraxas Capital increased its gold short position. As of now, his gold short position is approximately $22.85 million, with an unrealized profit of about $980,000, and the closing price is around $6,131.

According to Onchain Lens monitoring, Blockchain Capital has staked 10,976 ETH in the past 24 hours, worth 23.55 million dollars.

Ethereum block builder Eureka Labs announced the completion of a $6.7 million seed round financing, led by Spark Capital and Collider Ventures.It is reported that the company has introduced the concept of "programmable blocks," which incorporates executable logic during the block building phase, allowing blocks to not only package transactions but also achieve more complex functions, such as temporary fund calls, advanced computations, and more refined transaction sorting. Eureka Labs was founded in December 2024 and has now become the fourth largest block builder on Ethereum, but its market share is about 1.5%, showing a significant gap compared to leading builders.This round of financing was completed in two phases, raising $4.7 million in April 2025 and an additional $2 million in June. The company stated that this financing will be used to expand its block building technological capabilities and promote the application of "programmable blocks" within the Ethereum ecosystem.

According to the official announcement, Multicoin Capital has announced that Spencer Applebaum and Shayon Sengupta have been promoted to General Partners and will jointly serve as the heads of Multicoin Capital's venture capital business.Over the past few years, both have taken on more responsibilities at all levels of the business. They have not only continued to identify, initiate, and lead investment projects with greater frequency, but have also gradually taken on greater leadership in Multicoin's strategy, operations, and long-term development direction. Spencer and Shayon both joined the fund early on—having worked at the company for over eight years and five years, respectively.

According to Onchain Lens, the on-chain address High Stakes Capital sold a total of 602,421 HYPE in the past 24 hours, exchanging it for approximately 22.938 million USDC, with an average transaction price of $38.08. The latest transaction involved selling the remaining 152,421 HYPE, cashing out approximately $5.82 million, achieving a complete liquidation.

According to monitoring by Lookonchain, after two years, Blockchain Capital has once again staked 6,400 ETH ($13.82 million).

According to Onchain Lens monitoring, OG High Stakes Capital (@HighStakesCap) has once again sold 150,000 HYPE, worth 5.67 million dollars.They have cumulatively sold 450,000 HYPE, obtaining 17.12 million USDC, with an average price of 38.05 dollars, and currently still hold 152,421 HYPE, worth approximately 5.7 million dollars.

According to Arkham data, at 00:02, 2,619.28 ETH (worth approximately 5.59 million USD) was transferred from Copper to an anonymous address (starting with 0xe8F8...). Subsequently, at 00:04, that address transferred 10,000 ETH to Fasanara Capital.

According to Onchain Lens monitoring, High Stakes Capital sold 300,000 HYPE at an average price of $38.17 in the past 2 hours, with a total value of $11.45 million. The address still holds 302,421 HYPE (approximately $11.54 million), with an unrealized profit exceeding $33.2 million.High Stakes Capital is a very well-known top trader in the cryptocurrency circle, famous for a high-risk, high-reward trading style. During the FTX era, it dominated the PNL (Profit and Loss) leaderboard for a long time, often ranking first, and was regarded by many as one of the strongest retail/independent traders during the FTX period. After the FTX collapse, it was quiet for a while but later made a strong comeback on other platforms (such as Bybit, Hyperliquid).

According to Crypto In America, representatives from the cryptocurrency industry and the banking sector will head to Capitol Hill to review legislative texts concerning the yield and reward mechanisms for stablecoins.Reports indicate that the White House has reached a preliminary compromise with senators on related provisions, with the core controversy being whether to allow cryptocurrency platforms to offer yields to stablecoin holders. The current draft may include provisions that restrict yields on idle balances in response to the banking industry's concerns about deposit outflows and impaired lending capacity.Additionally, the relevant legislative texts have not yet been made public, and the industry still lacks clear expectations regarding the specific content. The Senate Banking Committee may advance the review process after the Easter holiday.

According to Fortune, AI startup Interloom announced the completion of a new funding round of $16.5 million, led by DN Capital, with participation from Bek Ventures and existing investor Air Street Capital. The valuation has not been disclosed.Interloom builds a "Context Graph" by analyzing vast operational records (supporting emails, service tickets, call logs, etc.), systematizing the tacit experiential knowledge within enterprises to provide organization-specific decision-making context for AI agents.Currently, the company has implemented its solutions in large European enterprises such as Deutsche Bank, Volkswagen, and Zurich Insurance, where the deployment at Deutsche Bank has reduced the gap between documented knowledge and actual operational knowledge from about 50% to 5%.

According to the official announcement, the European Bitcoin treasury company Capital B has completed a BTC increase, purchasing 44 BTC for approximately 2.7 million euros. After this purchase, Capital B's total BTC holdings have risen to 2,888 BTC.

Electric Capital's latest research report reviews 501 real-world revenue sources and finds that only 34 of them have on-chain scales exceeding $50 million, primarily concentrated in U.S. Treasury bonds, private credit, and corporate bonds. The remaining 93% are hindered by seven major obstacles, including legal structures and entity integration issues.The report points out that distribution channels are the biggest bottleneck. Among the 35 non-stablecoin RWAs with on-chain revenue, only two have more than 2,000 holders, and the top assets are highly concentrated. For example, in BlackRock's BUIDL, the top ten holders control 98% of the supply.

According to monitoring by The Data Nerd, the UK crypto investment firm Abraxas Capital began closing its $GOLD short position about 2 hours ago to realize profits. As of now, the unrealized profit and loss (PNL) for this $GOLD short position is approximately $2.67 million.

According to market news, the Commodity Futures Trading Commission (CFTC) has provided detailed guidance on a pilot program for using crypto assets as collateral. The regulatory agency has notified futures commission merchants (FCMs) that participation in the pilot requires submitting a notice to the market participants division, stating the start date for accepting crypto assets as margin. Key points include:Capital Requirements: Only Bitcoin, Ethereum, and stablecoins can be accepted as collateral, with BTC/ETH calculated at a 20% capital adequacy ratio and stablecoins at 2%. Futures brokers participating in the pilot can only accept Bitcoin, Ethereum, or stablecoins in the first three months;Compliance and Reporting Obligations: Futures brokers participating in the pilot must promptly report significant cybersecurity or system issues and submit weekly reports on the total amount of crypto assets in customer accounts;Expansion After Three Months: Other crypto assets may be used as collateral after three months, while some reporting requirements will be terminated;Limited Use: Only the remaining rights of dedicated payment stablecoins deposited into customer segregated accounts are allowed; crypto assets cannot be used for uncleared swap collateral, but eligible tokenized assets may be substituted.Derivatives Clearing Organization Requirements: Clearing organizations that meet CFTC credit, market, and liquidity risk requirements may accept crypto assets and stablecoins as initial margin for cleared transactions.