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A Bitcoin address from the Satoshi Nakamoto era, dormant for 16 years, has transferred 600 BTC, worth approximately $48 million.

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12 Bitcoin addresses dormant for over 16 years moved a total of 600 BTC on September 5, worth approximately $48 million. The BTC all originated from mining rewards in March 2010, when Satoshi Nakamoto was still active on the Bitcoin network. Whale Alert stated that the 600 BTC came from mining rewards of 12 Bitcoin blocks, and no connection between these addresses and Satoshi Nakamoto has been found. Earlier, Lookonchain had identified 7 of these miner wallets, which moved 350 BTC after remaining dormant for roughly 16.5 years. Whale Alert also noted that one of the block rewards was transferred several blocks ahead of most other transactions, a pattern consistent with conducting a test transaction before executing the remaining transfers.

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Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

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Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.

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A prominent crypto trader forecasts Bitcoin will trade in a range, and favors buying on a dip.

Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.

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U.S. Special Envoy Concludes Negotiations with Zelenskyy

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Arbitrum and Solana co-founders once again debate transaction costs: Steven emphasizes MEV protection, while Toly questions transaction fees and spreads.

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WOO X exposed for abnormal withdrawals, multiple users report their withdrawals stuck in 'pending' or 'processing' status.

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