Daily News: Arkham Uncovers Largest Bitcoin Theft of 127K BTC, Hong Kong RWA Platform Launches, $120M Token Unlocks Approaches, And More

Trump to Announce New Bureau of Labor Statistics Head and Federal Reserve Board Nominee in Coming Days

Donald Trump announced he would nominate a candidate to fill the vacant Federal Reserve Board position in the coming days. He also stated that the new Bureau of Labor Statistics (BLS) head would be announced within three to four days.

Note: Federal Reserve Board member Kugler announced her resignation effective August 8. In a letter to Trump, the 55-year-old Kugler did not disclose the reasons for her departure, stating only that she would return to Georgetown University as a professor this fall. She did not attend last week's Federal Reserve FOMC meeting, with officials citing personal matters as the reason for her absence.

U.S. Trade Representative: Tariff Policy Has Been Essentially Finalized

U.S. Trade Representative Greer stated on August 3 that the new round of tariffs imposed by President Trump last week on multiple countries has been "essentially finalized" and will not be adjusted during current negotiations.

This includes a 35% tariff on imports from Canada, a 50% tariff on goods from Brazil, a 25% tariff on imports from India, and a 39% tariff on Swiss products. Greer noted that some tariffs were set based on bilateral trade surpluses and deficits, emphasizing that "these tariff rates are pretty much set."

Hong Kong RWA Registration Platform to Launch on August 7

The Hong Kong RWA registration platform is set to go live on August 7. Initiated by the Hong Kong Web3.0 Standardization Association, the platform aims to streamline the entire service system for tokenizing RWA assets, including data processing, assetization, and financial integration.

Sam Altman: New Model to Launch in Coming Months, Potential Capacity "Crisis" Anticipated

Sam Altman, founder of ChatGPT, stated that new models, products, and features are expected to roll out in the coming months. However, he warned of potential minor issues and capacity crises during this period. While there might be some instability, Altman expressed confidence that the market would be able to accommodate the upcoming innovations.

Etherex Decentralized Exchange on Linea to Launch Native Token REX on August 6

According to an official announcement, the decentralized exchange Etherex, built on the Linea blockchain, has announced the launch of its native token REX on August 6.

Bitcoin Re-Staking Platform SatLayer Opens Airdrop Registration

Bitcoin re-staking platform SatLayer announced that registration for its airdrop, SlayDrop, is now open. The registration deadline is 13:00 UTC on August 9.

Previously, SatLayer secured $8 million in a Pre-Seed funding round led by Hack VC and Castle Island Ventures.

Towns Protocol Reveals Tokenomics: 57% Allocated for Airdrops, Grants, and Community Programs

Communication platform Towns Protocol has unveiled the tokenomics for its TOWNS token, which has a total supply of 10 billion tokens. Over 10% of the tokens are set to be airdropped to early users, partners, and launch collaborators on August 5. Additionally, 57% of the total supply will be allocated for airdrops, grants, and other community initiatives.

Justin Sun Returns to Earth Aboard Blue Origin Spaceship After 10 Minutes and 14 Seconds

According to Blue Origin's official live broadcast, Justin Sun, founder of TRON, successfully completed his space journey aboard the New Shepard spacecraft. The crew capsule landed smoothly, with the trip lasting a total of 10 minutes and 14 seconds.

Arkham Reveals LuBian Mining Pool Theft of 127,426 BTC in 2020, Hackers Still Hold Stolen Assets

Arkham has disclosed that LuBian, a former top-10 global mining pool, suffered a massive security breach in December 2020, resulting in the theft of 127,426 BTC. At current market prices, the stolen Bitcoin is valued at approximately $14.5 billion, making this the largest Bitcoin theft in history.

LuBian, a Chinese mining pool with operations in China and Iran, once controlled nearly 6% of the Bitcoin network's total hash rate as of May 2020, giving it significant industry influence. The attack occurred on December 28, 2020, with hackers exploiting vulnerabilities in LuBian's private key generation algorithm. Through brute-force methods, the attackers managed to steal over 90% of LuBian's holdings. On December 29, the day after the breach, the hackers transferred an additional $6 million worth of Bitcoin.

In response to the theft, LuBian attempted to communicate with the hackers by sending messages embedded in on-chain OP_RETURN transactions. The pool sent 1,516 transactions containing pleas for the return of the stolen assets, consuming 1.4 BTC in fees. This further confirmed the authenticity of the incident.

As of now, LuBian still retains 11,886 BTC, valued at approximately $1.35 billion. The hackers’ last on-chain activity was in July 2024, involving address consolidation. Arkham's report states that the hackers remain in control of the stolen Bitcoin, with their holdings ranking 13th globally among BTC addresses, surpassing even the infamous Mt. Gox hacker wallet. Their identity remains unknown.

Trump Media & Technology Group Reports Q2 Financial Results: Assets Grow to $3.1 Billion, Bitcoin Strategy Drives 800% Year-on-Year Growth

Trump Media & Technology Group (DJT), has released its financial results for the second quarter ending June 30, 2025, according to a report from GlobeNewswire. Key highlights from the report include:

1. Financial Asset Growth: The company’s financial assets reached approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments. This represents an 800% year-on-year growth. The primary driver of this growth was the company’s Bitcoin-focused investment strategy, which raised nearly $2.4 billion earlier this year. By July 2025, DJT had accumulated approximately $2 billion worth of Bitcoin and Bitcoin-related securities, making it one of the largest publicly traded companies in terms of Bitcoin holdings.

2. Positive Operating Cash Flow Amid Losses: For the first time, DJT achieved positive operating cash flow in Q2, totaling $2.3 million. However, the company still reported a net loss of $20 million for the quarter.

3. Truth+ Expansion: The company announced plans for a rewards program integrated into its digital wallet, featuring a utility token. Initially, the token will be used for paying subscription fees for the Truth+ platform and later for other products and services within the Truth ecosystem.

4. ETF Initiatives: Several ETFs have been registered, including Truth Social Crypto Blue Chip ETF, Truth Social Bitcoin and Ethereum ETF, and Truth Social Bitcoin ETF.

Major Token Unlocks for ENA, IMX, MOVE, and More

Several tokens, including ENA, IMX, MOVE, and MAVIA, are set to undergo significant unlock events this week, with a combined total value exceeding $120 million. Key details include:

• ENA: 171.88M tokens on August 5, worth ~$102.25M (2.70%).

• IMX: 24.52M tokens on August 8, worth ~$12.27M (1.30%).

• MOVE: 50M tokens on August 9, worth ~$6.44M (1.89%).

• IOTA: 15.16M tokens on August 6, worth ~$2.79M (0.39%).

• SXT: 24.64M tokens on August 8, worth ~$2.16M.

• MAVIA: 11.89M tokens on August 6, worth ~$1.96M (23.03%).

• SPEC: 3.62M tokens on August 5, worth ~$1.86M (17.57%).

• RENDER: 492,130 tokens on August 10, worth ~$1.76M (0.09%).

• AXS: 652,500 tokens on August 10, worth ~$1.47M (0.39%).

• EIGEN: 1.29M tokens on August 5, worth ~$1.43M (0.40%).

• RESOLV: 7.6M tokens on August 10, worth ~$1.36M (2.72%).

(Source: Token Unlocks)