Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

Programmer Stefan Thomas currently has only two remaining password attempts left to unlock an IronKey encrypted USB drive holding the private keys to 7,002 Bitcoin. The device will permanently lock and erase its data after 10 consecutive incorrect password entries, and Thomas has already used up 8 of his allotted attempts. The Bitcoin dates back to 2011, when Thomas created an educational video titled "What is Bitcoin?" and was compensated with 7,002 BTC. At the current Bitcoin price of roughly $111,000, the asset is valued at approximately $777 million. Thomas previously stored his wallet’s private keys on the encrypted USB drive and wrote down the password on paper, but later lost the password. While the Bitcoin remains in its on-chain address, the funds are currently inaccessible and cannot be transferred due to the inability to access the private key. The IronKey USB drive is built with high-strength encryption, triggering a permanent lock after 10 consecutive wrong password entries. Its manufacturer, Kingston, confirms there are no backup passwords or alternative recovery methods beyond the original password set by the user. As Bitcoin’s price has surged, the value of this locked asset has continued to rise. Thomas has sought assistance from multiple parties, including digital forensics firm Naxo and security researcher Chris Tarnovsky, but no successful recovery has been announced to date.

According to Yonhap News Agency, Seoul Mayor Oh Se-hoon released a statement harshly criticizing the leverage derivatives issue that caused sharp fluctuations in South Korea’s stock market, as well as President Lee Jae-myung’s proposed "active debt relief" policy, and urged the government to roll out fundamental countermeasures as soon as possible. He pointed out that this year, South Korea’s KOSPI index has triggered the temporary program trading restriction mechanism 37 times in total, exceeding the full-year record of 26 times set during the 2008 global financial crisis. Oh Se-hoon criticized: "The government was aware of the huge risks of individual stock leverage derivatives, yet still approved their listing, and stood idly by while retail investors’ assets kept evaporating, ultimately leading to the current situation."

According to Bitget market data, Brent crude oil has fallen below $83 per barrel, with an intraday decline of 1.33%. WTI crude oil dropped more than 1% intraday, currently trading at $78.66 per barrel.

According to HTX market data, Bitcoin has fallen below $63,000, currently trading at $62,968.46, with a 2.98% drop in the past 24 hours.

According to a Wall Street Journal report, sources familiar with the matter disclosed that Meta Platforms (META.O) has hired the head of computing business at Amazon Web Services (AWS) and is weighing an entry into the cloud services sector.

According to HTX market data, SOL has fallen below $75, currently trading at $74.99, with a 2.92% decline in the past 24 hours.