The exchange said trading and local currency operations are still available, but all crypto deposits and withdrawals are on hold.

Cyvers, a blockchain security company, reported on August 14 that about $48 million in digital assets was being moved in an unusual pattern. The transfers, which involved Ethereum
ETH


$4,413.16

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BtcTurk explained that the activity was found during routine checks. The exchange said:

During inspections conducted on August 14, 2025, unusual activity was detected in our hot wallets. As a precautionary measure, cryptocurrency deposits and withdrawals have been temporarily suspended.

Cyvers stated that most of its reserves are held in cold wallets, which are offline and not affected by the suspected breach. It also confirmed that law enforcement has been notified and that additional security steps are in progress.

Lookonchain reported that at least $23 million was taken, while CertiK put the number at no less than $50 million.

Lookonchain added that the attacker has started converting part of the stolen tokens into Ethereum. CertiK identified three wallets linked to the stolen funds: two Ethereum addresses, 0x7D91D1 and 0xA041Fe, and one Solana address, 9sjdD9Xg.

The crypto exchange Coinbase recently confirmed losing around $300,000 in tokens. What happened? Read the full story.

Crypto Market saw another tense session on Wednesday. After a brief dump of Bitcoin to $115,000, it recovered after a few hours to return to its $118K support level. Traders are looking closely as BTC holds this level in their teeth despite the rising macro pressure. The broader market has shown fatigue, but the current problem is: What is the best cipher to buy in this environment?

24 hours7d30D1Yeverytime

The Federal Reserve announced Wednesday that it would not cut interest rates in July and remained stable between 4.15% and 4.25%. The decision came amidst rising tariffs amidst rising public pressure from the Trump administration, which has called for a 0.25% interest rate cut to protect economic growth. Federal Reserve Chairman Jerome Powell has pushed back, citing inflation risks and economic uncertainty caused by Trump’s tariff plans.

.@federalReservv Chair Jerome Powell: “Today, the Federal Open Market Committee has decided not to change our policy rates.” pic.twitter.com/fnlmx3nomn

– cspan (@cspan) July 30, 2025

Explore: Best New Cryptocurrencies to Invest in 2025

Bonk and useless: Still the best code to buy in a tired market?

Meme Coin Bonk lost key support at $0.0000328 just days ago, retesting its low level at around $0.000026, down more than 20%. But it’s now bouncing off and traded nearly $0.0000287. If they get back $0.0000328, the Bulls could be in charge. Essentially, Bonk’s growing ecosystem gives it an edge. The unique Launchpad, Letbonk has beaten Pump.fun in just a few weeks. Over 80% of graduated meme tokens are now born on Bonk’s Launchpad.

Is another name bouncing off? A useless coin. It’s back on the radar after a 38% drop from the $408 million ATH. Coins – half satire, half meme fuel – are accepted to the extent that they are looking for the next chat. Let’s be honest: If Fartcoin reaches $2.6 billion, why is it useless? It unfolds directly into a raw, sarcasmy and unfriendly meme meta. Staking, no claims, just pure community-driven confusion. For some, that’s the point.

As Ethereum gathers, 47% NFT sales surges in July – Is Opsy Airdrop behind the spikes?

by Fatima

NFT sales skyrocketed to $583 million, marking the second highest monthly total for 2025. This represents a 47.6% jump from $388.9 million in June due to rising ETH prices and a shift to high value assets. The Ethereum-based collection led the fees, accounting for a volume of $275.6 million, up 56% per month.

The number of transactions fell 9%, but the average selling price rose to a high of $113 in six months as buyers consolidated around premium NFTs. Some communities speculate that the surge could be linked to expectations for future open-sea airdrops. Opensea CMO Adam Hollander recently suggested that past activities and user profiles (such as OGS vs. Newcomers) could take distribution into account.

Meanwhile, platforms like Blur and Tookrare continue to lose ground, with the NFT lending market cratering 97% from its 2024 high. Despite the lack of buyers, the NFT’s market capitalization is at $8 billion, so bullish sentiment remains strong.

Sharplink purchased 11,259 ETH for $43 million and currently owns $17.3 billion

by Fatima

According to on-chain tracker Lookonchain, Sharplink (@sharplinkgaming) spent 43.09 million USDC and bought 11,259 ETH for an average price of $3,828.

This brings Sharplink’s total Ethereum holdings of 449,276 ETH, currently at around $1.73 billion. A considerable amount of purchase highlights the growing institutional trust in Ethereum as ETH approaches major resistance.

With this move, Sharplink has strengthened its position as one of the largest ETH owners and continues its strategic accumulation trend amid wider market volatility. LookonChain flagged the deal this week as part of a larger pattern of whales’ activity.

What’s next for Quant (QNT) Crypto? 10% down in one week

by Fatima

Quant (QNT) Crypto has dropped by more than 10% over the past seven days. The month has begun, and I have been 103 to 134 years old. This produced more than 30% of the pumps after introducing Quant Fusion, the first ever 2.5-layer.

Currently, the entire movement has been almost wiped out, with the coin currently at 118 and its market capitalization exceeding 1.7b.

Neutral Technical: Can I shift?

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Binance has banned another market maker and frozen its assets after identifying certain irregularities.

The top global crypto exchange didn’t identify the market maker but noted that it operated for the Ethereum (ETH)-based layer-2 project Movement (MOVE).

Movement uses Move, a programming language originally built by a consortium backed by tech giant Meta for the now-defunct Diem project. The language was then used to develop layer-1 blockchains Sui (SUI) and Aptos (APT).

The project’s native token launched via Binance’s Airdrops Portal in December, but the exchange says that after MOVE was listed, the now-banned market maker sold approximately 66 million MOVE tokens on December 10th, with few buy orders. The market maker ended up netting a profit of $38 million worth of the stablecoin USDT before being offboarded last week.

Binance notified the Movement teams and froze the market maker’s proceeds to compensate users.

The exchange also notes the market maker was associated with another entity it banned earlier this month. The name of the other banned market maker also wasn’t disclosed, though Binance said it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project MyShell (SHELL).

MOVE is up nearly 24% in the past 24 hours. The 77th-ranked crypto asset by market cap is trading at $0.546 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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