14-Year-Old Bitcoin Wallets Mysteriously Activate
In one of the most eye-catching events this week, eight dormant Bitcoin wallets — untouched since 2011 — suddenly moved a combined 80,000 BTC, worth around $8.5 billion. These wallets are believed to be from the Satoshi era, a time when Bitcoin was still in its infancy.
The BTC was transferred to modern SegWit addresses, which adds to the mystery — as these wallets hadn’t been active for 14 years. Just before the massive Bitcoin transactions, a suspicious move involving over 10,000 Bitcoin Cash (BCH) was also flagged.
Though there’s no confirmation that the original creator, Satoshi Nakamoto, is involved, this movement has once again stirred theories and speculation.
Hackers Steal $140M from Brazil’s Central Bank Provider — Launder via Crypto
Crypto laundering is back in the spotlight. A group of hackers reportedly breached a service provider to Brazil’s Central Bank and managed to steal around $140 million. Blockchain investigator ZachXBT revealed that the criminals funneled a portion of the stolen funds through over-the-counter (OTC) crypto desks and Latin American exchanges.
So far, between $30 to $40 million has been converted into Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) — making it increasingly difficult to trace.
FTX Seeks Approval to Repay Creditors in Restricted Countries
Bankrupt exchange FTX is back in court — this time asking for permission to distribute recovered funds to creditors in countries currently under sanctions or restricted jurisdictions. These include China, Russia, Ukraine, Saudi Arabia, Pakistan, and 44 other nations.
The FTX Recovery Trust is pushing for a process that lets it navigate regulatory hurdles and compensate users from these countries, despite ongoing legal limitations.
Solana Treasury Firm Boosts Holdings by 17,760 SOL
DeFi Development Corp. continues to double down on Solana (SOL). This week, the treasury-focused firm added 17,760 SOL to its reserves, increasing its total holdings to 640,585 SOL. The move reflects growing confidence in Solana’s ecosystem, especially amid increased adoption in DeFi and NFT spaces.
IMF Rejects Pakistan’s Request for Subsidized Bitcoin Mining
In global policy news, the International Monetary Fund (IMF) shot down Pakistan’s proposal to offer subsidized electricity for Bitcoin mining. The IMF believes such subsidies could lead to “market distortions,” especially in an economy already struggling with energy demands.
Dr. Fakhray Alam Irfan, Secretary of Power, revealed the rejection during a Senate committee session, ending Pakistan’s latest attempt to join the global mining race.
Robinhood, Deutsche Bank, and Ripple Expand Blockchain Push
Amid all the chaos, several big players made strategic moves:
- Robinhood is accelerating its blockchain roadmap after acquiring Bitstamp.
- Deutsche Bank announced a new partnership with Bitpanda to build a crypto custody platform set for launch in 2026.
- Ripple sealed a deal with OpenPayd to strengthen cross-border payment rails in Europe using its stablecoin RLUSD.
The Takeaway
From century-old wallets moving billions to centralized institutions embracing blockchain, the crypto world continues to blur the lines between mystery, innovation, and risk. As crypto matures, every week brings a fresh reminder that we’re still just getting started.
