According to Wu's report, monitoring by Onchain Lens has revealed that a newly established Wallet has received 13,696.8 ETH from Galaxy, worth approximately 49.97 million USD. This Wallet currently holds 100,972 ETH, with a total value of about 376 million USD.

Wu reported that according to monitoring by @EmberCN, the SharpLink Wallet received 145 million USDC 30 minutes ago, sourced from the Circle Wallet, suspected to be new minting deposits. SharpLink may continue to sell stocks to raise funds to increase their ETH holdings. SharpLink has not made any ETH purchases this week and currently holds 360,900 ETH, valued at approximately 1.34 billion USD.

Wu Says Weekly News Highlights: Ethereum MicroStrategy's Major Breakthrough, Cathie Wood's Deep Involvement; Solana Releases New Roadmap; Trump Media Group Announces Its Bitcoin Assets Have Reached Approximately $2 Billion; Western Union Explores Integration of Stablecoin Services; Tether Plans to Return to the U.S. Market.

According to Wu, the U.S. Department of Justice website reports that a woman from Arizona has been sentenced to 102 months (about 8 and a half years) in prison for assisting North Korean IT workers in impersonating U.S. identification to obtain remote positions at over 300 American companies. This fraudulent activity has generated more than 17 million dollars in profits for herself and the North Korean regime. According to court documents, this case is one of the largest remote employment fraud cases involving North Korean IT workers that the U.S. Department of Justice has investigated to date

According to Wu, the Uniswap Foundation has announced that the new DEX Angstrom, developed by the MEV protection tool developer Sorella Labs, is now live, providing native MEV protection for token swaps and LPs, with support from the Uniswap v4 Hook Design Lab. Sorella Labs completed a $7.5 million seed round financing last August, led by Paradigm.

According to Wu, monitoring by @EmberCN revealed that the largest public sale institution's private sale address transferred the final 8 billion PUMP (21.11 million USD) to FalconX 8 hours ago, completing the total sale of its private sale PUMP, yielding a profit of 8.2 million USD. This address participated in the institutional round private sale of pumpfun with 100 million USDC, acquiring 25 billion PUMP at the same price as the public sale aimed at retail investors, and also not having a Lock-up Position, making it the largest institutional private sale address. Starting from the 16th, it g

The on-chain analysis company Global Ledger released a report indicating that there were a total of 119 encryption attack incidents in the first half of 2025, involving an amount of 3.01 billion dollars, which has already surpassed the total amount for the entire year of 2024. The report reveals that the speed of money laundering by hackers has significantly increased, with nearly 70% of funds being transferred before the attack was made public, and in nearly 23% of cases, the money laundering was completed before the incident was disclosed, with the fastest taking only 3 minutes. The report s

According to Wu, Galaxy Digital recently announced that it completed the sale of over 80,000 Bitcoins on behalf of an early Satoshi-era Bitcoin investor, with a current market capitalization exceeding $9 billion, making it one of the largest nominal scale transactions in the history of the crypto market. This transaction is part of the investor's estate planning.

Revolut has resumed its cryptocurrency staking feature in Hungary after pausing its crypto services for several weeks. The company had suspended most related services on July 7 due to a new Hungarian law prohibiting trading of crypto assets on unlicensed platforms. However, other crypto services remain paused, new deposits are not being accepted, and existing assets can be transferred to other Wallets. Revolut is still working to obtain the EU MiCA license, which has not yet been approved. (CoinDesk)

According to Wu, Haseeb Qureshi, managing partner at Dragonfly, responded that the government's remarks are intended to interfere with the defense in the case. If a lawsuit is truly filed, it will have a chilling effect on investments in encryption and privacy technologies, and the allegations lack legal basis. The company will firmly defend itself.

Former Vice Governor of the Bank of China, Wang Yongli, pointed out in an article that China needs to adjust its policies regarding encryption assets and stablecoins, accelerate relevant legislation, and at least differentiate between domestic and foreign approaches. Firstly, it should actively participate in the development of encryption assets and stablecoins overseas, and work to enhance its international competitiveness and influence in the encryption world. Consideration could be given to launching an offshore RMB stablecoin in Hong Kong, to be used first for overseas encryption asset tra

According to crypto journalist Eleanor Terrett, it has been learned that during the trial of Tornado Cash co-founder Roman Storm, the U.S. Department of Justice (DOJ) is still considering prosecuting multiple individuals, including Tom Schmidt, a partner at the crypto venture capital firm Dragonfly. Emails exchanged between Storm's team and Dragonfly's Haseeb and Schmidt were disclosed in court, which included discussions about introducing KYC for Tornado Cash. Schmidt is currently invoking the Fifth Amendment through his lawyer to refuse to testify, and it is still uncertain whether he will b

Wu reported that the U.S. listed electric vehicle company Volcon announced the acquisition of 2,903 BTC, holding a total of approximately 3,183 Bitcoins, with a total purchase amount of about 375 million USD and an average purchase price of 117,697 USD. Volcon is also locking in future low-price coin purchase opportunities by selling short-term Options, and expanding its stock buyback program to 100 million USD. Previously, Volcon completed a private sale financing of over 500 million USD.

According to the Saigon Liberation Newspaper, the National Data Association of Vietnam (NDA) is advancing the construction of a national-level Blockchain platform NDAChain, aimed at enhancing digital security and transparency in key areas such as government affairs, finance, and healthcare. The platform is operated by an agency under the National Data Center and features functionalities such as decentralized identifier (NDA DID), encryption, tamper-proof records, and compatibility with international standards (like GS1, EBSI Trace).

Bitcoin mining company Cango added 147 Bitcoins in the past week, bringing the company's total Bitcoin holdings to 4,387.1 coins, approximately 260 million dollars, and continues to adhere to a "zero sale" policy. In addition, Cango is a key member of the EHS Club and has invested part of its funds into the EHS Club, an organization aimed at promoting the development of decentralized Bitcoin mining. (The Block)

Wu reported that Vietnam has announced the launch of the national Blockchain platform NDAChain, aiming to accelerate the construction of national digital data infrastructure by 2026. The platform is jointly developed by Viettel and AkaChain and has been integrated into the national digital transformation architecture, with plans to support multiple digital service scenarios such as identification, education, healthcare, and finance.