Movement Labs has filed for Chapter 11 bankruptcy protection after months of upheaval, according to CoinDesk. The filing follows a turbulent stretch that included a controversial market-making agreement, an internal investigation into the launch of its MOVE token, a Binance ban linked to its market maker, and a late strategic shift away from Ethereum scaling toward cross-border payments. The case marks another turn in a saga that has unfolded over the past several months, with the company moving from token-launch scrutiny to a broader overhaul of its business direction. CoinDesk reported the filing on July 21, with the article published at 5:54 p.m. UTC and later updated at 5:58 p.m. UTC.

Ethereum improvement proposal EIP-8222 is being discussed as a way to make staking activity harder to trace on-chain. The proposal would use a STARK-based cryptographic design to separate staking deposits from withdrawals and re-anonymize validators. According to Thibault Dubuis, head of staking and DeFi products at Sygnum Bank, the current link between deposit addresses, validators and withdrawal credentials leaves institutional positions, entry timing and staking strategies close to public view. With roughly one-third of ETH now staked, the proposal targets a privacy issue that matters for large holders. It has not been scheduled for deployment, and the design may require fixed deposit denominations, waiting periods for asset claims, plus higher execution costs, process delays and additional compliance work for institutional users.

Onchain Lens has tracked Multicoin Capital unstaking 1.96 million HYPE, with the position valued at about $120 million based on the figure cited in the report. The tokens were spread across three wallets. The update was published by ChainCatcher under its whale movement category. No other transaction details were disclosed in the source brief.

Google is reportedly working on a new AI chip, codenamed Frozen v2, built for a single task: running Gemini faster and at lower cost. According to The Information, the project is aimed at easing a capacity problem Google has not been able to solve quickly enough even with massive infrastructure spending. In March, Google reportedly told Meta it could not provide the volume of Gemini compute Meta wanted to buy, while customers were also being turned away because Google lacked enough servers. The report says Frozen v2 would differ from Google’s general-purpose Tensor Processing Units by hardwiring part of Gemini’s architecture directly into the chip. Engineers reportedly expect a 6x to 10x increase in tokens generated per watt. Alphabet shares rose about 3% on Monday and touched $356 intraday after the report, before the move cooled as investors looked ahead to the company’s Q2 2026 earnings, due Wednesday, July 22. The chip is still said to be in an exploratory phase, with key design choices not finalized and deployment not expected before 2028.

AI shopping agent developer ORO said it lost about $630,000 in crypto after a staff member was tricked into installing a malicious extension disguised as a Microsoft Teams update. In the company’s post-mortem, the attack began with a real contact first met at an industry conference in February 2025. ORO said that person’s Telegram account was later compromised, and in May 2026 the hijacked account was used to set up a call through a spoofed Teams link. After the employee joined and found the audio was not working, the device prompted a Teams update that was approved and silently installed malware. ORO said the extension logged keystrokes, tracked clipboard history, took screenshots, reviewed browser history, and could swap crypto addresses. The attacker then spent nearly a month collecting data before draining 147,000 Alpha tokens on July 13. The firm said it has high confidence the intrusion came from Sapphire Sleet, a North Korean state-backed group, citing its macOS intrusion pattern, IP beaconing, payload matches, and overlapping infrastructure noted by Microsoft. ORO also admitted fault, saying limited hardware wallet support in Bittensor led it to temporarily keep an owner key in a software wallet, which made exfiltration possible from the compromised machine.

BlackRock has added to its Bitcoin holdings again, according to monitoring data cited by ChainCatcher. Onchain Lens said the asset manager withdrew 1,789.65 BTC from Coinbase Prime and moved the funds to its IBIT ETF wallet. The transfer was valued at about $119 million at the time of the report. The update was categorized as whale activity by the source. No further transaction details were provided in the brief.

A Hyperliquid trader saw part of a $7.4 million BTC short position liquidated, with losses reaching $232,700, according to monitoring data cited by Odaily and tracked by Onchain Lens. The wallet still holds an open short position of 60.46 BTC, valued at about $4.02 million. The reported mark price stood at $66,495, while the liquidation price was listed at $67,109. The update centers on the remaining exposure after the partial liquidation rather than a full closeout of the position.

Nasdaq-100 gains widened to 2% on July 22, according to market data from BIT (bit.com), with the index reaching a fresh intraday high. Among the components named in the update, Nebius rose 16.1%, Sandisk gained 13.2%, Teradyne added 13.1%, Micron climbed 13%, Western Digital advanced 12.8%, and Seagate Technology rose 11.5%. Lumentum and CoreWeave each posted gains of 9.3%. The move was reported by BlockBeats as a market snapshot and focused on the latest index performance and leading constituents.