# Blockchain Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Blockchain", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitcoin Whale Awakens After 14 Years: He Reaped an Incredible Profit

An inactive Bitcoin wallet holding 27.85 BTC (worth approximately $1.78 million) was activated after nearly 12.5 years of dormancy. The coins, untouched since February 2, 2014, were moved in block 961,963. Based on an average acquisition price around $814 back then, the return on investment exceeds 7700%, generating a profit of roughly $1.76 million. This movement is part of increased activity among older wallets. Data indicates a total of 87.43 BTC (worth ~$5.58 million) was moved from three different addresses dating back to early 2014 in sequential blocks. The funds were transferred to modern Bitcoin addresses supporting new script types, with no immediate indication of the coins being sent to centralized exchanges for sale.

cryptonews.ru08/12 18:01

Bitcoin Whale Awakens After 14 Years: He Reaped an Incredible Profit

cryptonews.ru08/12 18:01

Harmony considers rollback after suspected exploit inflates ONE supply

Harmony is considering a blockchain rollback following suspicions of a major exploit that allegedly minted nearly 4 billion ONE tokens, roughly 26% of its total supply. The project is coordinating with exchanges to freeze funds, developing a patch, and assessing rollback possibilities, but has not confirmed details of the incident. The concerns arose from claims by "Juiceberg" on X, which stated the tokens were minted via empty blocks, with about 2.8 billion quickly sent to exchanges, contributing to a sharp price decline. ONE's price dropped 33.9% in 24 hours. The alleged attacker reportedly still holds 115 million ONE onchain. This event follows Harmony's $100 million Horizon Bridge hack in June 2022, which the FBI linked to North Korea's Lazarus Group.

cointelegraph08/12 14:00

Harmony considers rollback after suspected exploit inflates ONE supply

cointelegraph08/12 14:00

Hacker Drained $200,000 from XRP Cross-Chain Bridge

A hacker stole approximately $200,000 from the XRPL bridge connecting the XRP Ledger to the tx blockchain on August 9th. The attacker exploited a flaw in the bridge's deposit logic, allowing fake transactions to trigger the minting of wrapped tokens on the tx network, which were then used to drain real XRP from the bridge's reserve wallet. The theft occurred over 97 minutes across 94 transactions, leaving only a small balance. The tx team halted the bridge, fixed the vulnerability, and is working with experts and the FBI's Internet Crime Complaint Center. They confirmed the mainnet and exchange funds were unaffected and are exploring compensation for impacted users. Simultaneously, the Harmony blockchain suffered a separate attack. An attacker reportedly created 4 billion ONE tokens (26% of the supply) via empty blocks, moving 2.8 billion to exchanges. This caused the token's price to drop nearly 30%. The Harmony team is collaborating with exchanges to freeze the funds and investigating patch and rollback options. This follows a previous $100 million hack in June 2022, which was attributed to North Korean hackers.

cryptonews.ru08/12 12:11

Hacker Drained $200,000 from XRP Cross-Chain Bridge

cryptonews.ru08/12 12:11

Sui Co-founder Develops Quantum-Resistant Hardware Wallets Priced at $10

Kostas "Kryptos" Chalkias, co-founder and chief cryptographer at Mysten Labs behind the Sui blockchain, announced he is working on developing affordable, quantum-resistant hardware wallets for around $10. He revealed that over the past year, he rented a specialized facility to mass-produce these quantum-safe wallets. The goal is a keycard costing less than $10 and achieving quantum signature generation via NFC in 1-2 seconds, with Chalkias even considering sponsoring cards for users who cannot afford them. He directly referenced the recent Coldcard hardware wallet vulnerability as motivation for his project, emphasizing that such a failure would never happen with his solution. The Coldcard incident, involving a firmware flaw that compromised private key generation, led to estimated losses of around 2,055 BTC (~$130 million). While not a quantum attack, the Coldcard case highlighted the fundamental risk of cryptographic failures in hardware wallets, which Chalkias aims to preempt. His wallet project builds on Sui's broader quantum security roadmap. The Sui protocol plans to integrate two NIST-approved post-quantum signature schemes, one for everyday accounts and another for high-value Move-based vaults. Existing Sui accounts will be able to upgrade to a quantum-safe key derived from their current recovery phrase without requiring a full wallet migration, a flexibility Chalkias cites as a structural advantage over chains needing hard forks for similar upgrades.

cryptonews.ru08/12 12:09

Sui Co-founder Develops Quantum-Resistant Hardware Wallets Priced at $10

cryptonews.ru08/12 12:09

TON Strategy Earns $15 Million from Gram Staking in Q2

TON Strategy, the company managing the cryptocurrency treasury for The Open Network (TON) ecosystem, reported its Q2 results. The company generated $15 million in revenue from staking Gram (the rebranded native asset, formerly Toncoin) and increased its reserve to approximately 230.5 million tokens. This represents about 4.4% of Gram's total supply and 35% of all tokens staked on the network. The staking yield for the quarter was approximately 17%, attributed partly to the Catchain 2.0 consensus update which sped up block creation. The company's fair value of digital assets rose to about $369.5 million from $272 million in Q1. Net profit from continuing operations before tax was $83.5 million, a significant turnaround from a $91.3 million loss in the prior quarter, heavily influenced by an $82.8 million net gain from the change in Gram's fair value. TON Strategy also completed measures to wind down legacy operations, terminating contracts and reducing staff costs, which is expected to cut annual cash operating expenses by around $4 million. CEO Kevin Wilson stated the company now has a more focused business model centered on accumulating Gram and developing the TON ecosystem. He highlighted TON's growing integration with Telegram, its increased speed and lower fees, and its potential role in payments, digital ownership, and AI agents capable of transacting on behalf of users.

cryptonews.ru08/12 12:04

TON Strategy Earns $15 Million from Gram Staking in Q2

cryptonews.ru08/12 12:04

Grayscale: AI Development Will Increase Demand for Public Blockchains

Grayscale research head Zach Pandl believes that advancements in artificial intelligence (AI) will generate new demand for public blockchain networks. He identifies three primary areas of growth. First, AI agents will require programmable wallets to autonomously hold and spend funds, driving demand for infrastructure supporting micropayments, cross-border settlements, automated trading, and risk management. He cites Ethereum and Solana as suitable open networks for these tasks. Second, as AI assumes more tasks, there will be a need for verifiable records of which models, data, and rules were used in decision-making. Public blockchains could serve as independent ledgers for this information and for managing digital identities and reputations. Third, decentralized networks could offer an alternative to the current concentration of AI computational resources, capital, and control among a few large companies, allowing participants to share resources and governance. Pandl acknowledges the practical benefits of combining blockchain and AI are still debated. Other researchers have noted that while a blockchain can verify data existence, it does not inherently prove the correctness of an AI model's output. His view aligns with other financial firms, like Franklin Templeton, which see AI agents as a potential driver for crypto payments.

cryptonews.ru08/12 11:57

Grayscale: AI Development Will Increase Demand for Public Blockchains

cryptonews.ru08/12 11:57

Supply Skyrockets by 3 Trillion, Veteran Blockchain Harmony Dealt Another Fatal Blow

**Title: Supply Surges by 3 Trillion, Dealing Another Blow to Veteran Blockchain Harmony** A significant security breach has struck the Harmony blockchain, involving the illegal minting of approximately 3 trillion ONE tokens (valued around $23.4 billion), which constitutes about 26% of its total supply. The attack exploited critical logic errors in Harmony's cross-shard receipt verification and signature validation systems, allowing the attacker to forge receipts and bypass security checks. Initial reports indicated around 4 billion tokens were minted, but this figure was later revised drastically upwards as more data became available. A substantial portion of the newly minted tokens was quickly transferred to cryptocurrency exchanges, leading to a sharp price drop of nearly 38% for ONE. Harmony's official response included identifying related wallet addresses, urging exchanges to freeze associated funds, releasing a software patch (v2026.1.1) to prevent further minting, and temporarily halting its cross-chain bridge service. The team is also evaluating the option of a network rollback. This incident marks the third major security or technical issue directly affecting Harmony's token supply in recent years, following a $100 million bridge hack in 2022 and a staking bug in late 2023. Once a notable Layer 1 chain, Harmony's market capitalization has dwindled to around $12 million, with its Total Value Locked (TVL) collapsing from a peak over $1.4 billion to under $170,000. The event underscores the persistent security vulnerabilities faced by smaller blockchain protocols and highlights the importance of scrutinizing a project's security history and on-chain activity.

marsbit08/12 10:26

Supply Skyrockets by 3 Trillion, Veteran Blockchain Harmony Dealt Another Fatal Blow

marsbit08/12 10:26

BNB Chain’s BEP-675 Proposal Targets Faster Block Building

BNB Chain has proposed BEP-675, a draft upgrade aimed at increasing network throughput by optimizing the block production process. The core change introduces blind signing, allowing builders to submit pre-executed blocks directly to validators. This is designed to eliminate redundant execution work, potentially reducing a validator's critical path execution time from 125ms to 15ms. Initial testnet results indicate a possible doubling of throughput. Unlike scaling via larger blocks or shorter block times, this proposal focuses on workflow efficiency. It's important to note BEP-675 is currently a draft under the Pasteur hard fork timeline and is not active on the mainnet. If successfully implemented, it would provide BNB Chain with more performance headroom to support its high-activity ecosystem.

bitcoinist08/12 10:08

BNB Chain’s BEP-675 Proposal Targets Faster Block Building

bitcoinist08/12 10:08

Xora Finance Brings Native Stellar Settlement To XRP Ledger

Xora Finance has enabled native Stellar (XLM) settlement on the XRP Ledger, creating a direct link between the two ecosystems without using wrapped assets. The integration, launched by the custodial neobank Xora Finance, allows Stellar value to settle via XRPL infrastructure, enhancing cross-ecosystem interoperability. The announcement clarifies this is not an official partnership between Ripple and the Stellar Development Foundation, but a third-party project. The move is notable given XRPL and Stellar's shared history as older, payment-focused networks. Native settlement avoids the extra trust assumptions of wrapped assets, though users must still consider Xora's custodial model and associated risks. The integration aligns with XRPL's focus on payments and asset movement, potentially bringing XLM into XRPL-based flows. Success will depend on user adoption, liquidity, fees, and trust in custody terms. The development adds a new interoperability path between two major payment ecosystems, making it a noteworthy step for observers.

bitcoinist08/12 09:21

Xora Finance Brings Native Stellar Settlement To XRP Ledger

bitcoinist08/12 09:21

Figure Valuation Mismatch: The Market Thinks It's a Lender; It's Become a Toll Collector

Figure is transforming from a traditional, balance-sheet-driven lender into a capital-light marketplace connecting loan originators with institutional buyers. This shift is driven by its Figure Connect platform, launched in June 2024. By Q1 2026, Connect volume surged to $1.6 billion, with partners now contributing 78% of platform flow. This model avoids customer acquisition costs and credit risk for Figure, which earns an approximate 3% platform fee. High-margin platform fees now constitute 28% of revenue, up from 5%, driving significant margin expansion. Despite this business model evolution towards a financial platform akin to Tradeweb or ICE, the market still values Figure like a traditional lender at around 12x EBITDA, overlooking the scalability and superior economics of its asset-light "toll road" strategy. Additional catalysts include the pending acquisition of Kiavi, which will double its first-lien business, and a recovering second-lien HELOC market. However, the thesis depends on sustained pricing power, healthy housing turnover, and the platform's competitive moat against potential AI-driven commoditization of underwriting.

marsbit08/12 09:16

Figure Valuation Mismatch: The Market Thinks It's a Lender; It's Become a Toll Collector