Crypto News
Today (05/02/2026)
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ZachXBT: Some U.S. law firms only intervene in claims after collecting evidence on-chain, which may affect the efficiency of recovery of victims' assets
ChainCatcher news, "on-chain detective" ZachXBT pointed out on the X platform that some U.S. law firms use their investigative work and on-chain evidence collection results to help victims of hacking incidents file legal claims, but this practice may affect victims to receive compensation or recover funds.
In previous hacking incidents involving Lazarus Group, such law firms usually intervened after the tracking or freezing of their on-chain funds were completed, and proposed follow-up legal actions that were weakly related to the crypto incident itself. ZachXBT also called on the crypto community to set up DAOs to resist such behavior.
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A suspected insider address received a more than 10-fold increase in LAB, making a profit of $1.13 million
According to ChainCatcher news, LAB has risen from $0.2 to $2.38 in the past month, an increase of more than 10 times. A suspected insider address perfectly enjoyed a 10-fold increase: the address hoarded 575,000 LAB before the rise, which was worth $0.2 at the time, and these LABs were worth $128,000 at the time. The whale has turned these LABs into CEX take profit in the last half hour. The tokens are now worth $1.26 million, with a profit of $1.13 million.
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Eric Trump increased his personal wealth from about $190 million to $280 million with American Bitcoin
Bitcoin News posted on the X platform that Eric Trump increased his personal wealth from about $190 million to $280 million through American Bitcoin. At the same time, the company's heavily diluted stock price fell about 92% from its peak, causing public investors to lose about $500 million.
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The world's largest container shipping company plans to bypass the Strait of Hormuz
Odaily Planet Daily News Mediterranean Shipping Company plans to launch a new service to connect Europe with isolated Middle Eastern ports through land transport through Saudi Arabia and small ships in the Persian Gulf. The service will depart from Antwerp on May 10, stopping in Germany, Italy, Lithuania, Spain, Jeddah and King Abdullah Port before arriving in Dammam by truck. From Dammam, feeder vessels will connect to Abu Dhabi, Jebel Ali in Dubai, and maritime gateways such as Bahrain, Iraq and Kuwait. (Jin Shi)
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Berkshire Hathaway's cash reserves surged to a record $397 billion
In Greg Abel's first quarter as CEO, Berkshire Hathaway's cash reserves jumped to an all-time high of $397 billion. At the end of last year, the company's cash reserves fell slightly but increased significantly in the first quarter due to the net sale of $8.1 billion in shares during that period. (Jin Shi)
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"Fed mouthpiece": The policy inflection point has emerged, and the Fed has begun to discuss the possibility of raising interest rates again
ChainCatcher news, according to the Wall Street Journal, "Fed mouthpiece" Nick Timiraos wrote that Dallas Fed President Lorie Logan, Minneapolis Fed President Neel Kashkari and other three regional Fed presidents opposed continuing to retain the wording "the next is more likely to cut interest rates" at this week's interest rate meeting, believing that the next interest rate adjustment may be both a rate hike or a rate cut.
Outgoing Federal Reserve Chairman Jerome Powell said that the committee is gradually shifting from a "tendency to cut interest rates" to a "neutral position", and said that if interest rate hikes are needed in the future, the Fed will first turn neutral and then release a signal to raise interest rates.
Nick Timiraos believes that the discussion within the Fed on the path of interest rates has taken a clear shift, and now the main debate is no longer about when to restart interest rate cuts, but about the conditions under which interest rate hikes may be needed again. Since the Fed began issuing policy statements in 1994, disagreements over how to describe the direction of policy rather than real interest rate changes have been rare.
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Iran does not shy away from negotiations but opposes US coercion
Odaily Planet Daily News Iranian Justice Director Ejay recently said that Iran does not shy away from negotiations with the United States, but resolutely opposes US coercion. He pointed out that the negotiations themselves are reasonable and logical, but they do not mean accepting the demands of the United States, let alone the United States imposing its will by threats. At the same time, Ejay stressed that Iran does not want war, let alone continue. (CCTV International Times)
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CryptoQuant analyst: BTC has bottomed out in the medium and long term or at $59,000, and the recent rebound may not be the core of market stabilization
ChainCatcher news, CryptoQuant analyst Axel Adler Jr posted on the X platform that the adjusted realized price range model based on Bitcoin's current circulating supply calibration shows that this round of Bitcoin's fall to the key range of $59,000 is considered to be the start of a real medium- and long-term bottoming, which is not a short-term process and will not be completed within one to two weeks, and the benchmark scenario is expected to take about 6 months.
Axel Adler Jr emphasized that although Bitcoin has risen recently, the core of what really drives market stabilization is not sentiment repair or a local rebound, but the return of long-term real demand, that is, when the market starts pricing in future value again and spot buying continues to recover, the bottom may be truly established.
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A MEV bot exploited a Meteora pool vulnerability to turn $0.22 into $696,000
According to ChainCatcher news, SolanaFloor posted on the X platform that a suspected MEV bot turned $0.22 USDC into $696,000 USDC in a single transaction by conducting a MEV-style pool price manipulation attack on Meteora's ANB pool. The ANB token is down 99%.
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DeFi experienced the worst loss month in history, with more than $606 million stolen in a single month
According to ChainCatcher, 12 protocols have been stolen over $606 million in less than three weeks. Among them, the Drift event lost $285 million and the Kelp DAO lost $292 million, with the two attacks collectively accounting for about 95% of the total loss.
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Trump's approval rating is sluggish, and the Republican Party sprints to "redistrict"
Odaily Planet Daily News Republican governors of Alabama, South Carolina and Tennessee stated on May 1 that they will promote the redrawing of congressional districts that are beneficial to their own party. The United States is scheduled to hold congressional midterm elections in November, and public opinion analysts believe that due to the high oil prices in the United States and the low approval rating of Republican President Trump due to the war in Iran, the Republican Party has a "tough battle" to fight if it wants to maintain its slight advantage in the House of Representatives. (East News Agency)
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Two whales held 80,000 ETH long orders on Hyperliquid, with a floating profit of more than $3 million
ChainCatcher news, according to Aunt Ai, on-chain data and contract information show that the two addresses hold a total of about 80,000 ETH long orders on the decentralized derivatives platform Hyperliquid, with a total floating profit of about $3.11 million. Among them, the address 0xa5b... 01d41 holds a long order of 40,000 ETH, with an opening price of about $2,265.5 and a floating profit of about $1,526,000; Address 0x6c8... d84f6 holds 40,000 ETH long orders, with an opening price of about $2,265.4 and a floating profit of about $1.528 million.
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Paradigm partners release PACTs proposal where Satoshi era holders can prove control without moving BTC
ChainCatcher news, Bitcoin's quantum computing concerns have always been a "Satoshi-related problem". If a powerful enough quantum computer comes out, millions of Bitcoins stored in old wallets with exposed public keys could be at risk of theft, including about 1.1 million Bitcoins allegedly attributed to anonymous creator Satoshi Nakamoto, currently worth about $84 billion.
Veteran developer Jameson Lopp and five other developers formally proposed this plan through BIP-361 in mid-April, which will phase out addresses vulnerable to quantum attacks and freeze any coins that fail to complete the migration within a five-year timeline. But the proposal creates another problem: Satoshi Nakamoto, along with all other long-dormant holders, will have to "show up" publicly or risk losing access to their assets.
Paradigm general partner Dan Robinson released a proposal on Friday to circumvent this trade-off, with the core concept of "provable address control timestamps" (PACTs). The core idea of PACTs is not to move coins, but to timestamp proof of ownership on a specific date and not reveal anything to the outside world until the wallet owner actually needs to spend it.
If Bitcoin later enables a soft fork that freezes quantum-vulnerable coins, the protocol could include a rescue path that accepts STARK proofs (a zero-knowledge proof that remains secure for quantum computers), proving that holders created their commitments before quantum hardware existed. Holders submit this proof when they wish to spend, and the network releases the corresponding coins. This redemption process does not reveal any information about the address, amount, or even when the original timestamp was created.
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Paradigm partners propose PACTs mechanisms to provide a protection path for quantum-fragile Bitcoin addresses
According to ChainCatcher news, Paradigm general partner Dan Robinson proposed the "Provable Address Control Timestamps" (PACTs) mechanism, which aims to provide a protection path for Bitcoin addresses under potential threats from quantum computing.
This scheme allows coin holders to generate proof of address control through BIP-322, combined with random salt value to generate on-chain commitments, and complete time anchoring with OpenTimestamps, establishing proof of ownership without disclosing wallet information. If the quantum vulnerable address is frozen through a soft fork in the future, users can submit STARK zero-knowledge proofs to unlock assets when spent. This mechanism also provides a potential recovery path for BIP-32-derived wallets, but its implementation still relies on Bitcoin to introduce STARK verification capabilities and gain community consensus.
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Buffett praised Abel, calling the choice of the new CEO "100% successful"
According to TechFlow news, on May 2, Buffett delivered a speech at Berkshire's annual shareholders' meeting. He noted that today marks the anniversary of his announcement that Abel will become CEO. Buffett said, "We couldn't have made a better decision." This decision was 100% successful. (He) not only did everything I did, but did more. He is the right person. (Jin Shi)
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LAB rose more than 2.2 times in a single day, and the entire network liquidated more than $6 million
According to ChainCatcher news, LAB continued to rise above $2.3 for a short period of time and is now trading at $2.19, with a 24-hour increase of 221%. The LAB contract trading on the entire network has liquidated US$6.39 million in the past 24 hours, including US$1.07 million in long orders and US$5.31 million in short orders.
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Analysts say that Bitcoin's return to $100,000 does not require a new narrative, and the narrative will emerge as the price rises
According to ChainCatcher news, Michael van de Poppe, founder of MN Trading Capital, said that Bitcoin may not need a new story or catalyst to push it back to $100,000 - Bitcoin has not reached that price for nearly five months. van de Poppe first posed the question in an X post on Friday, "What narrative could propel Bitcoin to $100,000?" He then said: "No narrative is needed to push the price up." He added: "When prices rise, narratives will emerge. This is why mathematics, statistics and logic alone are enough to win, and why Bitcoin is currently in these zones that are still good accumulation zones. ”
Many crypto market participants still believe that Bitcoin needs a strong narrative to drive the price upwards. Recently, the focus has been on potential catalysts such as the Federal Reserve's interest rate decision, regulatory progress in the United States, and inflows into spot Bitcoin ETFs. Some participants also pointed to the possible passage of the CLARITY bill as a factor driving Bitcoin upwards. But veteran trader Peter Brandt said the CLARITY bill is a positive step for the industry but is unlikely to be a major catalyst for Bitcoin's price to move upward. "Is this a macro development that shakes the world?" Brandt said. not. An event that is certainly necessary, but not a value that should be redefined. Meanwhile, White House crypto adviser Patrick Witt said at the Bitcoin Conference in Las Vegas this week that a "big announcement" about US President Trump's Bitcoin reserves will be made in a few weeks.
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Berkshire is net selling shares for the 14th consecutive quarter
On May 2, Berkshire Hathaway continued to sell shares in the first quarter under the leadership of new CEO Greg Abel, and its cash reserves have increased to $397 billion. At the same time, the company has not used its vast capital reserves to invest in volatile markets. As the company has reduced its holdings for more than three consecutive years, its cash reserves have been the focus of investors' attention.
Berkshire disclosed that it had sold $24 billion worth of shares while buying $15.9 billion in shares, extending its quarterly record for consecutive net sales to the 14th quarter. This is the largest quarterly stock sale Berkshire has made from its $288 billion stock portfolio since 2024. In 2024, the company significantly reduced its stake in Apple. (Jin Shi)


