Bitcoin Surges to $112,000, Hits New All-Time High

On July 10th, as per the monitoring of OnChain Lens, the "ETH Version MicroStrategy," Sharplink Gaming, increased its holdings of ETH once again 9 hours ago. It acquired 5,072 ETH, which is worth $13.51 million. Currently, the company holds more than 210,700 ETH, with a value of more than $584.52 million.

On July 10th, according to the monitoring of on-chain data analyst Yu Jin, a newly created address has just once more withdrawn 6998 ETH from Kraken, which is approximately equivalent to $19.35 million. In the past 9 hours, a total of 32,566 ETH has been withdrawn, with a value of $90.16 million. BlockBeats previously reported that within the last 8 hours, this address withdrew 25,567 ETH from Kraken (with a value of $70.66 million).

On July 10th, Alex Svanevik, the CEO of Nansen, in a conversation with Zeneca, the founder of ZenAcademy, regarding their angel investment track record, stated that in recent years, as an angel investor, he has made a total of 58 investments. Out of these, 8 have been successful, 10 have advanced to the next round but are still awaiting results, 14 have not yet moved on to the next round, 7 have achieved partial returns (through acquisition or suffered losses), and 19 have gone bankrupt. Zeneca's track record shows that they have invested in a total of 68 projects. Among them, 3 have been successful, 4 have shown minor returns, 15 have resulted in minor losses, 8 have incurred significant losses, 10 have gone bankrupt, and 22 are still awaiting results (but with little hope).

July 10th. YZi Labs announced today its support for the leading investment institution focusing on digital assets and digital asset reserves, 10X Capital. They are establishing the "BNB Reserve Company", which is a U.S.-based company dedicated to BNB Chain ecosystem digital asset management and operates independently. It is reported that the BNB Reserve Company plans to list on major U.S. stock exchanges. The aim is to provide U.S. investors with the opportunity to participate in the growth of BNB, which is the world's fourth-largest digital asset by market capitalization. It will focus on the development of the BNB Chain ecosystem. 10X Capital has achieved success in the digital asset reserve field (Nakamoto, a Nasdaq-listed company). This time, they will collaborate with the Capital Markets Division of Cohen & Company and Clear Street LLC to raise funds for the initial BNB acquisition. The BNB Reserve Company will emphasize the transparency and verifiability of asset holdings. It w

On July 10th, according to on-chain data analyst Yujin, the GMX hacker has successfully completed the conversion of the assets stolen from the GMX V1 pool into ETH. The stolen assets consist of WBTC/WETH/UNI/FRAX/LINK/USDC/USDT. Currently, all assets except FRAX have been sold and converted into 11,700 ETH (approximately 32.33 million) and distributed into 4 wallets for storage. The GMX hacker now holds 11,700 ETH and 10.495 million FRAX through 5 wallets, with a total value of $42.8 million. This operation also indicates that the hacker has rejected the GMX team's proposal to return the assets in exchange for a 10% white-hat bounty.

On July 10th, as per an announcement from the Supreme Court of the United States, Douglas Jae Woo Kim was handed a 48-month federal prison term today for defrauding investors of more than $7 million in cryptocurrency and other funds. This sentence was pronounced by Senior District Judge Charles R. Breyer of the United States District Court. During a three-week trial in February 2025, the 32-year-old New York resident Kim was found guilty by a federal jury of 14 counts including wire fraud, international money laundering, and money laundering. One count of international money laundering was dismissed. During today's sentencing hearing, Judge Breyer, due to jurisdictional reasons, dismissed one of the money laundering counts related to monetary instruments. Court documents and trial evidence showed that from October 2017 to June 2020, after moving to San Francisco, Kim defrauded multiple family and friends who were investors by posing as a legitimate cryptocurrency trader. He falsely cl