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Hundreds of Ethereum Long-Term HODL Addresses Hacked, Reasons Unknown

2 hours ago

**May 1 Update** Crypto analyst Wazz says hundreds of Ethereum mainnet wallets—many dormant for over 7 years—have been drained by the same address since yesterday. Aragon team member @TheTakenUser also confirmed in a post that funds from the project’s wallet were transferred for unknown reasons. The root cause of the incident is still unconfirmed. Community analysis points to possible factors: leaks of old mnemonics or private keys (2017–2020), issues with storage tools like LastPass, or prior risky authorizations—not a new smart contract vulnerability.
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「Whale」 Calls the Shots Successively, uPEG Hits New All-Time High

May 1st: Following OpenSea CMO Adam Hollander’s "low-key" purchase, Ouroboros co-founder Nafay and meme coin KOL pow also shared their uPEG holdings on X today. Likely driven by this development, uPEG has hit a new all-time high. GMGN data shows that as of press time, uPEG’s market cap stands at $15.59 million, with a 129% 24-hour price surge and trading volume topping $4.4 million. Per public details, Unipeg (token uPEG) centers on on-chain assets built atop Uniswap V4 Hooks. Every transaction instantly generates a unique 24x24 SVG pixel art unicorn—no artist required, nor any minting process—powered entirely by on-chain mechanics. BlockBeats warns users that prices of associated tokens are extremely volatile; users should exercise caution when investing.

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SBI Holdings announced that it is entering into capital and business alliance negotiations regarding the acquisition of Bitbank.

**SBI Holdings Eyes Bitbank Acquisition to Add as Subsidiary** SBI Holdings announced on May 1, 2026, that it has launched discussions with cryptocurrency exchange operator Bitbank about capital and business cooperation. The firm plans to make Bitbank a subsidiary via a merger and will consider acquiring its shares after completing due diligence and internal procedures. Timing and terms of the acquisition remain undetermined. Earlier, in April 2026, the SBI Group wrapped up its acquisition of Bitpoint Japan through SBI VC Trade as part of its ongoing industry consolidation push. Bitbank previously disclosed plans to list on the Tokyo Stock Exchange in mid-2025; there is no clear link between the current capital deals and its IPO plans.

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North Korean Hackers Have Stolen Over $6 Billion in Cryptocurrency Since 2017

May 1st — According to a new report from TRM Labs, North Korean-linked hackers stole nearly $600 million in cryptocurrency last April through attacks on Drift Protocol and Kelp DAO, accounting for 76% of total crypto hack losses that month. TRM Labs estimates the group has stolen more than $6 billion from crypto protocols and projects since 2017. The report also notes the hackers’ share of global crypto hack losses has grown from less than 10% in 2020 and 2021 to 22% in 2022, 37% in 2023, 39% in 2024, and 64% in 2025.

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OpenAI's CFO Dismisses "Missed Sales Target" Rumors: Company on Track to Meet Plan at the Highest Level

On May 1, OpenAI CFO Sarah Friar pushed back against rumors that the company had missed internal sales and user targets, per monitoring from Dynamic Beating. In an interview, Friar noted the company is "executing at the highest level against our plan" and described product demand as a "vertical wall." She added: "How we hit our goals often shifts by period—this is still a young industry, so we can’t perfectly forecast all metrics." (Source: Bloomberg)

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Trump Shooting Incident Surveillance Video Released, Gunman Pushes Past Several Security Guards to Stop

May 1st, U.S. federal prosecutor Jeanine Pirro in Washington, D.C. released edited surveillance video of the Trump assassination attempt on X. The video shows perpetrator Cole Allen shooting a Secret Service officer during the attempted assassination at the White House Correspondents' Dinner. Pirro explicitly denied the Secret Service officer was injured by friendly fire. It also shows Allen scouting the Washington Hilton’s fitness center and corridors the day prior, conducting on-site reconnaissance. Controversy has arisen over public criticism of U.S. Secret Service security measures following the shooting—including that police dogs detected anomalies multiple times without proper follow-up, and on-site personnel responded with delays. U.S. Secret Service Director Sean Corwin previously stated Allen was not subdued by Secret Service gunfire; instead, he tripped over a metal detector box while running past an exterior venue checkpoint. Corwin also confirmed none of the five s

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Arkham: Multicoin Pump and Dump HYPE, Currently Holding $27.4 million Worth of Tokens

Per Arkham Monitor, a suspected multicoin address recently engaged in swing trading HYPE. The address accumulated HYPE via Galaxy Digital during the asset’s hype phase, selling roughly $23 million worth of HYPE three weeks ago—around the peak of the hype cycle. It still holds 680,000 HYPE, equivalent to $27.4 million.

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