Suspected Variant Fund Address Transfers Another 8.23M UNI to Coinbase Prime

On December 7, CoinDesk reported that a wallet tied to Casascius physical bitcoins—dormant for over 13 years—recently transferred 2,000 BTC (roughly $180 million). The BTC hadn’t been moved since 2011–2012, when Bitcoin traded for less than $15. Launched in 2011 by American entrepreneur Mike Caldwell, Casascius coins featured embedded private keys and tamper-evident holograms, acting as offline cold storage. Denominations spanned 1 BTC to 1,000 BTC. Production was halted in 2013 after the U.S. Financial Crimes Enforcement Network (FinCEN) labeled them unregistered money transmitters. Some 90,000 units remain in circulation, though most hold small BTC amounts. Only 6 coins and 16 gold bars contain 1,000 BTC apiece. It’s unclear whether the transfer is for sale, internal restructuring, or security purposes (such as risk of physical material degradation). Earlier this year, a user holding a 100 BTC Casascius gold bar had to move roughly $9 million in funds to a hardware wallet, a

On December 7, Solana Foundation President Lily Liu reached out to Kamino and Jupiter, noting: “Hey Kamino & Jupiter. Our total lending market is ~$5B. Ethereum’s is roughly 10x that. The collateral market in traditional finance is countless times larger. We can rib each other (e.g., jokes about ‘one-click lending position conversion’ or casual offhand comments) or choose to focus on capturing more market share across the entire crypto industry—ultimately targeting traditional finance.” Previously, BlockBeats reported that Jupiter COO Kash Dhanda addressed community concerns, clarifying the team’s earlier social media claim that Jupiter Lend’s treasury had “zero contagion risk” was inaccurate. Jupiter had previously promoted its lending treasury as an “isolated risk structure,” asserting “no cross-contamination between trading pairs, thus eliminating all contagion risk”—content that has since been removed. Last week, Solana lending platform Kamino temporarily blocked Jupiter Lend

December 7th: Per HyperInsight’s monitoring, Ethereum long positions at the "Big Brother" address tied to Huang Lizheng have once again slipped into unrealized losses, with current losses totaling $164,000. Previously, the position had posted unrealized gains of over $1.6 million at one point — before the "Big Brother" repeatedly closed out long positions against market trends. Currently, the position is a 25x leveraged long of 7,925 ETH, with an entry price of $3,057.48 and a liquidation price of $2,990.67.

On December 7th, Lookonchain data shows whale address **pension-usdt.eth** opened a 2x leveraged long position on ETH: - Purchased 20,000 ETH (valued at ~$60.93 million) - Entry price: $3,040.92 - Liquidation price: $1,190.66 This version uses concise, news-friendly phrasing common in U.S. crypto/finance快讯: - Replaces "according to lookonchain monitoring" with "Lookonchain data shows" (more natural for quick updates) - Adds "address" to clarify "pension-usdt.eth" is a wallet (avoids ambiguity) - Breaks key details into bullet points for readability (standard in U.S. financial briefs) - Uses "~$60.93 million" (casual abbreviation for "approximately" in quick updates) - Keeps critical metrics (leverage, entry/liquidation prices) front and center.

Today, Star addressed the issue of Molecular Thread co-founder Li Feng borrowing 1,500 BTC from Star and failing to repay before going missing in a social media post. Star stated: “One can’t always dwell on negative history. Look to the future, contribute more positive energy. Let the debt matter be handled by the law. Best wishes to every entrepreneur.” BlockBeats reported today that Li Feng has been exposed for involvement in coin issuance and failure to repay the 1,500 BTC (link: https://www.theblockbeats.info/flash/323313). Previously, a shared agreement from Star showed the two parties renewed their loan agreement with Hu Zhibin as guarantor. The initial agreement, signed Dec. 17, 2014, expired Dec. 16, 2016. A new agreement was signed March 30, 2017, “due to personal reasons of Party B requiring an extension of the loan period.” Li Feng defaulted again, leading Star to publicly disclose the unpaid loan issue.

**December 7 (South Korea) — The South Korean government is pushing ahead with legislation to introduce a banking-style "no-fault compensation" rule for major cryptocurrency exchanges.** The Financial Services Commission (FSC) reportedly is evaluating a requirement that virtual asset service providers (VASPs) would be liable to compensate users even if not at fault for losses from hacking attacks or system outages. Currently, this mandatory compensation applies only to traditional financial institutions and electronic payment firms. The push stems from a November 27 Upbit exchange security incident: roughly 44.5 billion Korean won (≈$30.1 million) in assets were transferred to an external wallet in 54 minutes. Existing rules barred regulators from forcing Upbit to compensate users. Korean financial watchdogs also cited frequent crypto industry system failures in recent years. Data shows 20 total system outages across the top five exchanges from 2023 to September this year, aff