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Share link:In this post: A recent study by METR revealed that experienced software developers using AI tools like Cursor experienced a 19% increase in task completion time. Despite the slowdown, most participants continue to use AI tools, as they find the development process more enjoyable and less intensive. The authors and the participants continue to collaborate with AI, even though it is directly linked to recent layoffs in the tech space.
Share link:In this post: Crypto investment firm Keyrock claims that Bitcoin treasury companies do not have much influence on price action. This is mostly because most of the BTC holdings are sitting in cold storage and not being deployed for generating yield. Companies with Bitcoin holdings are trading at significant premium to their BTC value.
Share link:In this post: Nvidia CEO Jensen Huang will meet US President Donald Trump at the White House before a trip to China. The agenda for the meeting is undisclosed; both sides have stayed silent on details. Huang is pressing for eased US export restrictions to regain access to the Chinese semiconductor market.
Ethereum just crossed $3,000, but on-chain signals hint that momentum could face a reality check.
Murad Mahmudov’s $52 million crypto portfolio is surging back to its all-time high, driven by SPX6900 gains and a meme coin market rebound.
Aspecta aims to establish an on-chain standard and trust mechanism for "illiquid assets."
K Wave Media secures $1 billion to strengthen its Bitcoin treasury strategy as part of its long-term financial roadmap.Bitcoin as a Strategic AssetInstitutional Adoption Continues to Grow
Ethereum Foundation reveals a bold new structure and focus on long-term ecosystem growth.New Organizational Structure to Power the VisionA Long-Term Commitment to Ethereum’s Success
- 01:46In 2020, LuBian mining pool suffered a theft of 127,000 BTC, with the hacker still controlling the assets and becoming the 13th largest BTC holder globallyAccording to a report by Jinse Finance, Arkham has revealed that LuBian, once ranked among the world’s top ten mining pools, suffered a major security incident in December 2020, resulting in the theft of 127,426 BTC. At current prices, this amounts to $14.5 billion, making it the largest Bitcoin theft in history. Arkham stated that LuBian was a Chinese mining pool with mining operations in both China and Iran. In May 2020, it controlled nearly 6% of the total Bitcoin network hashrate, giving it significant industry influence. The attack occurred on December 28, 2020, with the attacker suspected of exploiting a vulnerability in LuBian’s private key generation algorithm, successfully stealing over 90% of its holdings through brute-force methods. The next day (December 29), the hacker transferred part of the BTC again, amounting to $6 million. In addition, LuBian attempted to plead with the hacker for the return of the stolen assets by sending OP_RETURN messages on-chain. The official team sent a total of 1,516 transactions with messages, consuming 1.4 BTC, further confirming that the incident was not a hoax. Currently, LuBian still holds 11,886 BTC (about $1.35 billion), while the hacker’s last on-chain activity was an address consolidation in July 2024. As of the disclosure date, the hacker still controls the stolen BTC and remains unidentified, now ranking as the world’s 13th largest BTC holder, even surpassing the Mt.Gox hacker address.
- 01:27Bitcoin miners have sold over 3,000 BTC in the past two weeksAccording to Jinse Finance, citing @ali_charts, Bitcoin miners have sold more than 3,000 BTC in the past two weeks. As of August 1, the amount of Bitcoin held by miners decreased from 1,809,800 BTC on July 16 to 1,806,980 BTC.
- 01:23"Big Brother Machi" Jeffrey Huang Recently Increased Long Positions, Leading to the Surrender of Over $20 Million in Previous ProfitsAccording to Jinse Finance, Ember monitoring shows that Machi Big Brother Huang Licheng has essentially given back all of his previous $22.45 million in profits from long positions in ETH and HYPE through his recent long trades in ETH/HYPE/PUMP. Starting in mid-May, he began going long on HYPE with spot and futures at $27.5, and at the end of May, he went long on ETH at $2,654. By late July, his profits had soared to $22.45 million. However, as the market began to pull back in August, his long positions in ETH/HYPE/PUMP started to incur losses, and so far, his previous $22.45 million profit has shrunk to $3.5 million.