News linked to both this project and an event.
: According to on-chain analyst Ember's monitoring, an address suspected to be associated with Multicoin Capital (0xaB3...297) is selling 607,000 HYPE, worth $37 million; 4 hours ago, it transferred 395,000 HYPE to Coinbase and requested the redemption of 211,000 HYPE staked on Hyperliquid. These HYPE tokens were purchased 5 months ago via Galaxy Digital OTC at a price of $30. Of these, 210,000 HYPE were deposited into staking, while 395,000 HYPE remained in the wallet. Based on the current HYPE price of $61, its profit stands at $18.8 million.
Coinbase has released a post-mortem report on the service outage that occurred on July 14, stating the incident was caused by a misconfiguration of a critical network component triggered by a routine configuration update. The impact lasted approximately 50 minutes, and user funds remained safe throughout the period.Coinbase stated that at 12:34 Beijing time (12:34 AM Eastern Time) on July 14, the company deployed a routine configuration change to a shared production Kubernetes cluster hosting core infrastructure services. The update was originally intended to migrate to a new service deployment model to enhance system performance and reliability.However, due to a resource name conflict that was not detected by the pre-production environment's detection mechanisms, this configuration modification unexpectedly affected the Istio Ingress Gateway-related Kubernetes resources within the cluster, rendering the network component unavailable. Approximately 3 minutes later, all inbound traffic to the cluster was interrupted, preventing internal services from accessing several infrastructure components.Coinbase noted that because numerous asynchronous workflows rely on these infrastructure services, including processes such as transaction settlement, fund transfers, and debit card transaction authorizations, multiple business lines were affected. The impacted services included:Retail users were unable to complete off-chain transactions, deposits, and withdrawals; some pending transactions appeared stuck and were completed after the service was restored;Coinbase Card debit card transactions temporarily failed, credit card payments were unaffected, but some card management functions were unavailable;Coinbase DEX's on-chain swap services on Base and Solana were suspended;Coinbase Exchange and Prime institutional customers experienced failed or delayed transfers and settlements;Coinbase Developer Platform customers were unable to complete account creation, fund transfers, or deposit services.Coinbase stated that the ingress gateway was restored at 13:20 Eastern Time, and the incident was mitigated by 13:23. Subsequently, the system began processing the backlog of tasks, with most services returning to normal quickly; the remaining queues were processed over the following hours. During the recovery process, Coinbase encountered two additional challenges. First, the deployment tools themselves relied on the affected ingress gateway to operate, preventing the standard rollback process from being executed, creating a circular dependency where the "fault impacted the remediation tools." Second, while the emergency break-glass access process was effective, the permission verification and manual review procedures increased the recovery time.Coinbase stated that there was no risk to asset security in this incident, but it exposed areas requiring continuous optimization in automated deployment, system dependencies, and disaster recovery mechanisms for large-scale finan
according to on-chain analyst Yu Jin’s monitoring, the address that withdrew 4.426 trillion BONK from the Bonk treasury via a governance proposal has completed its clearance. 30 minutes ago, its final 400 billion BONK entered Coinbase. Thus, 13 days after withdrawing 4.426 trillion BONK from the Bonk treasury, the address has now transferred all of it to a CEX. Its selling over the past few days has caused the price of BONK to drop by 40%. When the address first obtained these BONK tokens, they were worth $21.2 million. Having sold them gradually during the price decline, the final cash-out amount is approximately $13.58 million.
According to on-chain analyst Onchain Lens (@OnchainLens), Bitvavo has withdrawn 3.89 million LINK from Coinbase Prime to a new wallet, worth approximately $32.59 million at current prices.
CryptoQuant analyst Darkfost stated on platform X that data indicates Bitcoin is currently establishing a significant support level within the $59,000 to $70,000 range, which has become one of the most fiercely defended price zones in Bitcoin's history.Approximately 50% of the total Bitcoin supply has now been turned over above the $59,000 mark. If the millions of Bitcoins believed to be permanently lost are excluded, this percentage would be even higher. This round of turnover is primarily driven by short-term holders (STH), revealing a divergence in market participant behavior, with some investors choosing to panic sell while others continue to accumulate.However, although multiple indicators have entered extremely bearish or oversold zones, the formation of the $59,000 to $70,000 range has some rationale. This does not necessarily mean the market has confirmed a bottom. More accurately, Bitcoin's bottom structure is still in the process of being built. Additionally, the large trading volume peak near $84,500 is mainly attributed to internal Bitcoin transfers on Coinbase and should not be included in market behavior analysis.
据链上分析师余烬监测，BONK 财库攻击者于 5 小时前再次向 Coinbase 转入 4000 亿枚 BONK ，价值约 111 万美元。
According to EmberCN monitoring, the address that previously drained the BONK treasury via a governance attack transferred another 400 billion BONK (approximately $1.19 million) to Coinbase 20 minutes ago. This address spent approximately $4.4 million 10 days ago to purchase sufficient BONK tokens to reach the governance voting approval threshold, subsequently initiated a governance proposal and forced it through, transferring 4.426 trillion BONK valued at approximately $21.2 million from the BONK treasury.
According to Odaily, as monitored by on-chain analyst Ember, the address that drained BONK worth $21.2 million from the Bonk treasury through a governance proposal has just transferred another 400 billion BONK, worth $1.19 million, to Coinbase. Since the earlier transfer this morning, BONK has continued to decline by another 7%.
according to on-chain analyst Ai Yi's monitoring, address 0x378…1c476 purchased $179,000 worth of Base Meme token BRIAN at $0.01311 yesterday. Following Coinbase CEO's change of X profile picture, BRIAN's market cap dropped to $1.43 million, causing the address to now incur a floating loss of $159,000, with assets shrinking by 88.7%.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, the Ondo team-associated address (0xEA5...5e1) received 150 million ONDO from the Ondo team multi-signature address on June 23, and 11 hours ago deposited 26.05 million ONDO (worth $9.79 million) to Coinbase. This matches the previous operational pattern of "receiving tokens, holding for a period, then transferring to the exchange," and the purpose remains unknown.
According to monitoring by Yu Jin, the address that previously transferred BONK worth $21.2 million from the Bonk treasury through a governance proposal, after moving 1.186 trillion BONK (approximately $4.11 million) to Binance yesterday, has today transferred another 400 billion BONK (worth about $1.28 million) to Coinbase.Data shows that of the 4.426 trillion BONK removed from the Bonk treasury via the governance proposal by this address, 1.626 trillion BONK (approximately $5.58 million) have been moved to centralized exchanges. Additionally, in the 11 days since the address began withdrawing assets from the Bonk treasury, the price of BONK has fallen by approximately 36%, dropping from $0.0000047 to $0.000003.
According to Onchain Lens monitoring, a whale sold 30,000 ETH through Galaxy Digital OTC, exchanging them for 55 million USDC, and subsequently deposited the funds into Coinbase.
according to Onchain Lens monitoring, a whale withdrew another 20,000 ETH from Coinbase Prime, worth approximately $37.7 million, one day after withdrawing 30,000 ETH. This brings the total accumulated withdrawals to 50,000 ETH, valued at approximately $95.4 million.
Coinbase stated on X platform that Marex is leveraging Coinbase infrastructure to enable clients to use USDC as initial margin for US regulated futures and options, providing its traders with a new level of capital efficiency.
Odaily reports: According to Onchain Lens monitoring, a whale has just withdrawn 30,000 ETH from Coinbase Prime, worth $57.66 million, and distributed it to three new wallets.
according to Onchain Lens monitoring, the US government's Gotbit seized wallet (0xD014...70ff) transferred 19.615 million USDT to Coinbase Prime and emptied the wallet.
Odaily News on July 14, Bitcoin ETFs recorded net inflows of $181 million, and Ethereum ETFs recorded net inflows of $58.34 million. No outflows were observed for either Bitcoin or Ethereum ETFs on that day. BlackRock's IBIT saw net inflows of $139 million, Fidelity's FBTC posted net inflows of $21.07 million; all net inflows into Ethereum ETFs came from BlackRock's ETHA. HYPE, XRP, and Solana ETFs had no trading activity on the day. Morgan Stanley submitted a proposed amended filing for spot Ethereum and Solana ETFs, with the document covering service providers such as Coinbase Custody and staking provisions. Japanese policymakers are advancing reforms aimed at classifying crypto assets under the Financial Instruments and Exchange Act.
According to Onchain Lens monitoring, the U.S. government address (0x9ac...cb0) has emptied another wallet holding crypto assets seized from Alameda Research and FTX, transferring 4,820 ETH to Coinbase Prime, valued at $9.28 million; and transferring 54.89 billion SHIB, 631,740 POWR, and 1.06 million AERGO to three new wallets, valued at $235,600, $27,900, and $22,100 respectively. The wallet currently holds assets worth $0.
Odaily reports, as monitored by Onchain Lens, a Bitcoin whale has just withdrawn another 326.33 BTC from Coinbase, valued at $21.3 million. Over the past six months, this wallet has accumulated a total of 2,612.42 BTC, worth approximately $171 million at the current price.
According to official announcements, Coinbase will cease support for USDC deposits and withdrawals on the Noble network on August 17, 2026.