Compromised X accounts used to promote meme tokens
PANews said hackers who breached the official X accounts of SpaceXAI and Starlink made about $135,000 in total. The report said the attacker launched the $SCATMAN token and used the compromised accounts for promotion before selling 10 trillion minted $SCATMAN for 59 ETH, or about $108,000 by the report’s estimate. Another wallet then sold 59.28 million $SCATMAN for 14.7 ETH, or about $27,000.
The roundup also said the SpaceXAI and Starlink accounts appeared to have been hijacked to repost a Robinhood Chain meme coin. Its market cap quickly climbed to $2 million after launch, then ended in a rug pull. The reposts were later deleted.
Robinhood Chain metrics and Vlad Tenev incident
Since going live, Robinhood Chain has attracted more than $290 million in stablecoins, reached $134 million in total value locked, built an active RWA market cap of $12 million, and recorded $4 billion in cumulative DEX trading volume, according to the PANews roundup.
In a separate item, the report said Robinhood co-founder Vlad Tenev exposed a seed phrase during a livestream. Attackers then gained control of the address and related wallets to buy the $1 token, drawing in thousands of copy traders. The token’s market cap rose from about $500,000 to $14 million before falling sharply. Trading volume reached about $20 million in two hours. After the address was frozen, the attacker moved to BNB Chain, issued another token from that address, traded it, and eventually dumped it for cash.
Bitcoin ETFs and whale activity
U.S. spot Bitcoin ETFs posted $197 million in net inflows last week, ending an eight-week streak of net outflows. BlackRock’s IBIT led with $292 million in weekly net inflows and $60.290 billion in cumulative historical net inflows. Grayscale Bitcoin Mini Trust BTC added $95.084 million, while Grayscale GBTC saw the largest weekly net outflow at $108 million.
Total net assets across spot Bitcoin ETFs stood at $77.420 billion, with a net asset ratio of 6.05%. Cumulative historical net inflows reached $51.280 billion.
The roundup also said a Bitcoin whale dormant for seven years moved 2,931 BTC worth about $188 million to a new address. If sold, the wallet could realize about a 10x investment return, according to the report.
Galaxy Digital head of research Alex Thorn said four key long-term holder indicators reached record highs: supply held for more than 10 years at 17.7%, long-term holder supply at 16.75 million BTC, realized cap at $836.4 billion, and realized price at $50,000.
Regulation and macro headlines
The Procuratorial Daily said criminal enforcement against virtual-currency money laundering faces three main obstacles. It pointed to limits in legal classification, difficulty collecting and verifying evidence because of anonymity and cross-border flows, and problems recovering assets because of conflicting legal definitions, procedural gaps, and barriers to international cooperation.
Thailand now requires individuals making cash deposits above 5 million baht, about $150,000, to prove the source of funds. The report said the country also expanded banks’ compliance obligations in cash networks, large currency exchanges, precious metals trading, and suspicious stablecoin transactions. The Bank of Thailand and the SEC will conduct joint audits with a focus on USDT and suspicious reporting patterns.
The roundup also noted that Donald Trump said the Strait of Hormuz is open.
Market views and corporate items
Bitmine chairman Tom Lee said at WebX 2026 that four factors were behind crypto market weakness this year: a shift in Federal Reserve policy expectations, uncertainty around the U.S. CLARITY Act, capital concentrating in AI investments, and weak financial-sector stocks. He said most of the downside momentum had faded and that the market was in a bottoming area.
Lee also said Ethereum is entering an “ETH 2.0” stage, driven by a new foundation structure, agentic AI, a financial settlement layer, and the view that ETH is money. He said BitMine holds about 5.74 million ETH, or 4.8% of total supply, with about 4.87 million already staked, and is actively participating in the Ethereum Foundation 2.0 strategy.
Elsewhere, the roundup said Fidelity views Bitcoin as entering a long-term value observation zone, while CryptoQuant said short-term holder buying pressure is still dominant and ETF inflows alone do not confirm a reversal. Michael Saylor said the balance among wallets, nodes, and miners underpins the Bitcoin network. Serenity said amplifying technical details to attack tech giants is turning into a new traffic strategy.
Other token and funding updates
CZ responded to questions about sending popular BSC meme coins to a burn address by saying his wallet holds too many tokens and the software display is not user-friendly. After making suggestions and testing, he said sending tokens into a black hole was more direct and effective than sending them to his own address.
The PANews roundup also said a CZ donation address burned 700 million CZ and 400 million TCC. A separate item in the same roundup said TCC briefly rose 103% and CZ rose 302%, possibly linked to that burn.
One whale deposited about $107.21 million in assets into HyperLend and borrowed about $70.94 million. The collateral included about 1.56 million $kHYPE, and the wallet borrowed about 1.06 million $WHYPE. Its health factor stood at 1.31. The address also staked 12,305 $HPL, with projected annual fee savings of about $68,000 and realized savings of about $39,100.
Another item said OpenAI’s IPO plans face uncertainty because of litigation involving Apple. According to the roundup, friction between OpenAI and Apple has deepened, and Apple’s lawsuit could affect the launch of OpenAI’s first hardware device as well as its listing plans. OpenAI has confidentially filed for an IPO, but no listing date has been set.
The report also said Future Capital Investment Management, founded by Huobi founder Li Lin, is one of the main producers of Stephen Chow’s new film “Kung Fu Women’s Soccer.” The roundup put total production cost at about 380 million yuan, including about 190 million yuan for visual effects, 57 million yuan for cast pay, 70 million yuan for physical set construction and hardware, and 63 million yuan for training, music, and post-production operations. The amount invested by Future Capital was not disclosed.
Upcoming unlocks and additional data
Several tokens are due for large unlocks next week. deBridge (DBR) is set to unlock about 618 million tokens on July 17 worth about $10.10 million. Arbitrum (ARB) will unlock about 92.65 million tokens on July 16 worth about $8.5 million. YZY will unlock about 20.83 million tokens on July 17 worth about $6.1 million. Starknet (STRK) will unlock about 127 million tokens on July 15 worth about $3.9 million. Sei (SEI) will unlock about 55.56 million tokens on July 15 worth about $2.8 million.
The roundup added that total stablecoin market capitalization is down by about $10 billion from its May peak, though the long-term growth trend remains intact. It also said one address bought CASHCAT and fully exited after taking profits, posting a 1211.4% return, and that South Korea’s KOSPI index plunged enough to trigger a circuit breaker.