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

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.

Ukrainian President Volodymyr Zelenskyy announced that the first meeting between Ukrainian and U.S. negotiators has concluded. U.S. Special Envoy Steve Witkoff said he was encouraged by the substantive, meaningful discussions. Jared Kushner, son-in-law of former U.S. President Donald Trump, stated that the U.S. team expects to achieve more progress. (Jin10)

Arbitrum co-founder Steven Goldfeder and Solana co-founder Toly have engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model. Steven argued that surface-level fees alone should not be compared, noting that Arbitrum One and Robinhood Chain proactively prevent front-running and most malicious MEV, while some chains claiming lower fees carry higher MEV costs—including front-running targeting retail users. He stated he would rather pay clear, upfront fees than incur hidden losses from front-running, sandwich attacks, and other issues just to secure lower fees. Toly countered that Arbitrum currently has worse bid-ask spreads and higher fees. He explained that the 10% cut it takes from fees, when converted to basis points, already exceeds the sandwich attack loss rate—estimated to be roughly 10 times that rate—without even accounting for spread impacts. He emphasized: “A single sequencer that prioritizes maximizing shareholder value will never outcompete permissionless competition.”

On-chain detective ZachXBT has issued a community alert, reporting that over the past three days, multiple verified WOO X users have complained their withdrawals remain stuck in "pending" or "processing" status. As of the time of his post, WOO X has not released a statement on the matter. WOO X was incubated by Kronos Research and acquired by FusionX Digital in the fourth quarter of 2025. ZachXBT pointed out that FusionX Digital is reportedly linked to BitMart founder Sheldon Xia. ZachXBT also noted that BitMart announced on July 26, 2026, it would cease operations and restructure, leaving users unable to access millions of dollars in trapped funds, with complaints rising steadily on the X platform. Sheldon Xia only issued a vague statement asserting user assets are secure, but these claims have not been independently verified.

According to GMGN market data, the ZEC-themed airdrop meme token ZCAT (Anonymous Cat) on the Solana blockchain briefly surpassed $119 million in market capitalization, hitting a new all-time high, and is currently trading at $110 million. The token has rallied over 353% in the past 24 hours, with a 24-hour trading volume of $10.9 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash’s (ZEC) privacy concept, featuring an anonymous cat mascot wearing a brown paper bag over its head. It levies a ~3% transaction and transfer tax to purchase bridged Zcash (ZEC) on Solana, which is then airdropped to holders. BlockBeats reminds users that most meme coins lack real utility, are highly volatile, and investors should exercise caution.

Ethereum co-founder Vitalik Buterin published a post outlining his optimistic, non-mainstream take on the long-term evolution of cryptography: For general real-world computing, there is a 33% chance that the total cost of three protocols—SNARK, FHE, and iO—can be capped at 1+ε times the baseline computing cost. This means that as computing scale grows sufficiently large, the extra cryptographic overhead relative to baseline costs can approach zero indefinitely. When measured by combined energy consumption and amortized computing costs, these three protocols have a 60% chance of keeping their cost multiple below 10x. One of these targets is likely to be achieved before the end of this decade, with SNARK being the most probable to hit single-digit computing overhead, he added. He noted that this level has already been reached in scenarios involving dedicated hash functions and some large language model (LLM) inference.