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According to Onchain Lens monitoring, a certain whale has accumulated 387,830 LINK from Binance over the past 30 days, worth approximately 3.22 million USD.13 hours ago, the whale transferred all holdings to its Gnosis Safe wallet.

Nasdaq-listed company Sharplink, Inc. (stock code: SBET) and Galaxy Digital Inc. (stock code: GLXY) jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP. This institutional-grade fund is managed by Galaxy, with an initial committed capital of $125 million, of which $100 million comes from Sharplink's staked ETH treasury and $25 million from Galaxy.The fund will deploy capital into decentralized finance and on-chain yield strategies, marking a new model for corporate treasuries to shift from passive holding to active participation in on-chain markets. Galaxy stated that this move expands the company's asset management platform to institutional-grade on-chain strategies.

The U.S. Treasury's OFAC sanctions the cryptocurrency exchanges Shelbit and Aban Tether, as well as an Iranian citizen, accusing them of assisting the Iranian Islamic Revolutionary Guard in money laundering, involving digital assets worth millions of dollars.

Joseph Chalom, CEO of the Ethereum treasury company SharpLink, posted in opposition to Ethereum Improvement Proposal EIP-8363. According to his disclosure, the current network issues new ETH to validators as staking rewards at a variable yield rate of about 2.75%. If the proposal is passed, it will be implemented in phases over approximately a year and a half, gradually destroying part of the issuance rewards as the staking amount increases. When about 50% of ETH is staked, the staking yield will drop to 0%, and validators will only be able to rely on transaction fees, which currently account for only 15% of staking rewards, to sustain themselves.Chalom presented four points of opposition:Staking yield is the factual benchmark for all on-chain interest rates. The approximately $35 billion TVL of liquid staking tokens is the core collateral for on-chain lending. A yield of zero will raise on-chain capital costs, making actual yields approach or even become negative. Collateral will migrate to assets that still generate yields, and independent stakers and small to medium operators will be the first to be squeezed out.The native yield characteristic is precisely the key reason institutions choose ETH over Bitcoin. Erasing this difference is equivalent to voluntarily giving up its competitive advantage just as ETH is outperforming Bitcoin.Issuance is not a cost to external parties but a transfer of value to security maintainers and builders within the network. Destroying it is a destruction of value rather than a redistribution of this portion of value.The current timing is the worst; Ethereum is in a rising phase of institutional adoption, and destruction incentives will suppress this wave of adoption momentum.He stated that SharpLink agrees with the proposal authors' goal of making ETH scarce and stabilizing the staking rate at a reasonable level, but believes this should be achieved through the existing base fee destruction mechanism rather than altering the economic foundation of the protocol.

Ethereum co-founder Vitalik Buterin stated that Signal recently announced it is exploring allowing users to register accounts without a phone number. He welcomed this move, believing it helps reduce reliance on the highly oligopolistic system of phone numbers, lowers the identity security risks associated with SIM card swaps, and makes it more difficult for governments to pressure Signal to ban users based on nationality.Vitalik also pointed out that while this initiative is better for privacy protection than the current situation, it only achieves "confidentiality" and does not reach true anonymity, as metadata such as message sending time, frequency, and recipients could still be used for identity correlation. He believes that with the development of artificial intelligence technology, long-lasting anonymous accounts are becoming outdated, and the only defensible form of privacy is "message-by-message uncorrelatable," meaning that no one other than the sender and receiver knows the identities of the communicating parties. This direction is currently being explored and advanced by new communication tools and mixing network projects such as Session and SimpleX. Additionally, protection against spam and denial-of-service attacks will become the next key issues to address.

According to Onchain Lens monitoring, Chainlink repurchased 139,956.08 LINK, worth approximately 1.13 million USD, and transferred the tokens to its reserve wallet.This batch of LINK was accumulated through multiple exchanges on CoWSwap, then consolidated and sent to its reserve wallet. Chainlink's reserves currently hold 5.35 million LINK, worth approximately 43.9 million USD, with an average acquisition cost of 11.19 USD per LINK.

According to Cointelegraph, CryptoQuant's on-chain data shows that institutional BTC holdings, including trusts, ETFs, and closed-end funds, have decreased from 1.33 million coins three months ago to 1.2 million coins, a decline of about 10%.At the same time, the corporate Bitcoin treasury model is also under pressure. Analyst Novaque Research pointed out that several Bitcoin treasury companies currently have market values that have fallen below their BTC net asset values (NAV), and the previous positive cycle mechanism of "stock price premium → financing to buy coins → strengthening premium" has significantly weakened. The largest publicly traded company by holdings, Strategy, sold 1,638 BTC last week.

According to Onchain Lens monitoring, a certain Hyperliquid trader holds 350,040 LINK long positions for 298 days, with an opening price of $11.57, a current price of $8.13, a liquidation price of $6.74, a position size of approximately $2.85 million, has incurred a loss of about $1.2 million, and has also paid approximately $186,800 in funding fees.

Lido Finance officially released a governance update, and Lido DAO has officially opened on-chain voting for the NEST automated buyback mechanism, with the voting window from August 5 to August 8 at 14:00 UTC.NEST is a set of automated, rule-based on-chain mechanisms that directly link the performance of the Lido protocol with the LDO token. The relevant design and parameters were approved through Snapshot voting in May. The core logic of NEST is to systematically buy back LDO tokens in decentralized markets through protocol revenue or liquidity controlled by the protocol, thereby continuously capturing the value growth of the protocol at the token level. The execution of the mechanism will revolve around the liquidity pair of LDO and wstETH, and specific implementation details are still being updated in the community forum.If this on-chain vote is approved, Lido will shift from a buyback plan driven by periodic governance to a continuous, predictable automated value distribution model.

According to Jinshi reports, Musk expects to launch at least 1,000 STARLINK V3 satellites by the second quarter of next year.

According to Jinshi reports, SpaceX's Chief Operating Officer stated that the second quarter is the best quarter for new Starlink users so far.

According to Jinshi reports, Musk stated that the capabilities of Starlink V3 satellites have improved by an order of magnitude compared to V2.

According to Jinshi reports, SpaceX's Starlink user count reached 12 million by the end of the second quarter.

According to Jinshi reports, Saudi Arabian television reported that the Houthi armed group used a drone boat loaded with explosives this morning to attack an Indian vessel heading to the port of Mukha in Yemen, causing the ship to sink.

Bitcoin News posted on the X platform that new evidence shows the anonymous switck account that wrote the LibNgU code may actually be Peter Gray, co-founder and CTO of Coinkite, as the code is at the core of the COLDCARD entropy failure incident.Researchers claim that Gray's GPG key signed dozens of switck submissions, and other identifiers seem to link the two identities. Bitcoin developer James O'Beirne stated that he warned Coinkite in May 2025 that the RNG implementation of LibNgU looked suspicious and suggested removing it, but he said the response was that any issues should have already been discovered. Screenshots also show that as early as April 2021, users had already questioned the rewrite of LibNgU.If these findings are accurate, it means that the engineer who introduced the code was later associated with the theft of over 1,800 BTC and had received direct warnings about the RNG implementation more than a year before the vulnerability was publicly disclosed.

The Ethereum treasury company Sharplink posted on platform X that since launching the ETH treasury strategy, the company's accumulated staking rewards in Ethereum have reached 24,755 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 417 ETH.

According to CoinDesk, cryptocurrency infrastructure company BitGo will replace LayerZero with Chainlink CCIP as the exclusive cross-chain service provider for $7.3 billion WBTC.After the $292 million cross-chain bridge exploit incident at Kelp, multiple projects announced their migration from LayerZero to Chainlink, with a disclosed total migration scale reaching $14.5 billion. BitGo will use CCIP for future assets while retaining control over token contracts, rate limits, and transfer settings.

According to on-chain detective Specter, it has discovered a cluster of wallets holding 28,600 BTC, worth approximately $1.8 billion, suspected to be related to wallets previously attributed to the money laundering case of Zhimin Qian.A few weeks ago, a Bitcoin wallet that had been dormant since 2017 transferred 1,020 BTC, worth about $60 million, and began distributing funds to multiple addresses in a manner consistent with money laundering activities. After tracking these transactions, Specter found that the related wallet cluster was connected to publicly associated addresses investigated in the UK concerning Zhimin Qian. From 2014 to 2017, Zhimin Qian organized large-scale investment fraud in China, affecting over 128,000 victims. UK authorities later traced a significant amount of criminal proceeds flowing into Bitcoin, with the Met Police ultimately seizing 60,000 BTC, marking the largest cryptocurrency seizure in UK history at that time.In July 2021, UK authorities transferred the seized BTC, creating identifiable on-chain associations. Following the recent transfer of 1,020 BTC, Specter identified additional wallets, which currently hold a total of 28,600 BTC, worth approximately $1.8 billion. These wallets have largely been dormant since June 2021. Based on on-chain evidence, it remains unclear whether these wallets are still controlled by the same actor, other custodians, or have been identified by law enforcement.

SpaceX will release its first earnings report since going public after the U.S. stock market closes on Tuesday, with the market focusing on the operational performance of its three major businesses: Starlink, Starship, and AI. Since its listing on June 12, SpaceX's stock price has continued to decline, closing at $114.53 on Monday, about 15% lower than the offering price of $135, and nearly 50% down from its historical high of $225.64, with a market value evaporating by over $500 billion. Visible Alpha estimates its Q2 revenue to be around $6.9 billion, primarily driven by Starlink. In terms of AI business, SpaceX previously acquired xAI and established computing power supply collaborations with Google, Anthropic, and others, with Q1 AI business revenue reaching $818 million. Additionally, the Starship's 13th test flight was recently completed, but the booster recovery experienced a hard landing.After this earnings report, SpaceX will face a lock-up period expiration on Thursday, with approximately 911 million shares (valued at about $100 billion) becoming tradable, raising market concerns about potential selling pressure. Data from S3 Partners shows that investors shorting SpaceX have realized gains of about $8.3 billion. Institutions like New Street and Yorkville Advisors believe that the pullback may provide an entry opportunity for long-term investors, with the ultimate trend depending on the strategic signals released by Musk during the conference call.

According to The Kobeissi Letter analysis, cryptocurrency trading activity continues to decline. Data from 44 spot exchanges tracked by Kaiko shows that last week, the average daily trading volume for cryptocurrency spot trading dropped to about $15 billion, the lowest level of the year, down approximately 70% from the peak in January. In comparison, there were two trading days in February where the trading volume exceeded $100 billion.It states that since December 2025, the trend of average daily trading volume has decreased by about 50% to $20 billion, also the lowest level of the year. Meanwhile, trading volume remains highly concentrated, with the largest 6 exchanges accounting for over 60% of total trading activity, and liquidity in the cryptocurrency market is drying up.