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87% of the Bitcoin stolen in the Coldcard hack remain unmoved, totaling approximately 1,789.28 BTC.

49 minutes ago

Galaxy Research Head of Research Alex Thorn released the latest statistics showing that the Coldcard hardware wallet hack resulted in the theft of approximately 1,789.28 Bitcoin across 8,865 addresses, with a total value of roughly $114.7 million at the time of the breach. Of the stolen funds, 1,561 Bitcoin (87.3% of the total) remain in addresses controlled by the attackers and have not been moved. All Bitcoin stolen in the first three attack waves has been untouched, while only a portion of funds from later attacks have been transferred via mixing techniques including CoinJoin and peel chains. The statistics are based on 221 victim reports, covering 790.72 Bitcoin (44.2% of total losses). The median loss per victim is 1.04272 BTC, with over half of those affected losing more than 1 Bitcoin. Galaxy has shared the identified attacker addresses with cryptocurrency exchanges, compliance firms, and law enforcement agencies, aiming to enable fund freezing once the stolen assets enter centralized platforms. The unusually high share of Bitcoin remaining unmoved long after the attack may indicate attackers are waiting for a safer window to cash out, or alternatively create a time window for tracking and freezing efforts.

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Bitget launches Phase 2 of its US stock bottom-fishing interest-earning FCN, offering 20% off on US stock purchases and up to 25% APR.

Bitget launches Phase 2 US stock bottom-fishing interest-earning product FCN (Fixed Coupon Note). This phase features an 80% discount, with underlying assets and reference APR ranges as follows: MicroStrategy (MSTR) 19%–25%, SK Hynix (SKHY) 14%–17%, and SpaceX (SPCX) 13%–16%. Additionally, Bitget’s limited-time cashback promotion is ongoing: users who reach specified cumulative subscription tiers will receive corresponding cashback rewards, with a maximum of 10,000 USDT per user. The promotion runs until September 18; more details are available on Bitget’s official platform. It is understood that Bitget FCN (Fixed Coupon Note) is a structured financial product linked to a single US stock rToken. Users can subscribe with USDT and select their target US stock underlying asset. The product’s entry execution price is determined by multiplying the US stock’s closing price on the product’s subscription end date by the discount rate. At maturity, if the observation price is at or above the execution price, users will receive their USDT principal plus fixed interest. If the observation price is below the execution price, the principal will be converted to the corresponding rToken at the execution price, while users still retain the fixed interest.

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The U.S. does not expect a full-scale resumption of conflict with Iran, and diplomatic officials who were previously evacuated are set to return to their posts in the Middle East.

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Joseph Tsai puts his confidence behind Alibaba’s AI strategy, spending an additional HK$82 million to acquire 720,000 shares today.

According to Hong Kong Exchanges and Clearing (HKEX) filings, Alibaba Group chairman Joseph Tsai purchased an additional 720,000 Alibaba shares on Tuesday, spending HK$82 million, following his initial purchase of the same number of shares. After Alibaba announced its HK$80 billion new share placement plan, Tsai and CEO Eddie Wu made combined share purchases totaling approximately HK$120 million yesterday, signaling confidence in the company’s AI strategy. Wu bought 350,000 Alibaba Hong Kong-listed shares at an average price of around HK$111.6, costing roughly HK$40 million. Together, the two acquired 1.07 million shares for a total of about HK$120 million. All proceeds from Alibaba’s HK$80 billion new share placement will be fully invested in full-stack AI capabilities and AI infrastructure construction. The offering was actively subscribed by long-term investors including global sovereign wealth funds, ultimately achieving nearly 3 times oversubscription.

6 minutes ago

Arthur Hayes reiterates his bullish call on ENA: Massive upside potential, the return of basis trade is a bullish signal.

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A BTC whale with a cost basis of roughly $45,000 per BTC has started offloading, selling Bitcoin worth $111.61 million.

Per Lookonchain’s monitoring, a crypto whale who had remained dormant for four years has sold 1,400 Bitcoin, valued at $111.61 million. The whale purchased 2,200 Bitcoin four years ago at an average price of $45,024, totaling $99.05 million. Notably, the whale did not sell even when their unrealized profits peaked at $178 million, but has recently begun offloading Bitcoin, and has now realized a profit of $76.5 million.

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