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Bitcoin wallets dormant for 11 years collectively "awaken," transferring 1,214 BTC within 24 hours
BlockBeats news, on August 20, as Bitcoin surged strongly to this week's high of $72,400, "old coins" that had been dormant for many years suddenly started moving out of cold wallets at an astonishing speed.
In the past 24 hours, a total of 1314.41 BTC were transferred out from long-term dormant Bitcoin wallets, with a total value of about $94 million. Among them, about 1214.42 BTC, worth approximately $86 million, all came from wallets first used as early as 2011.
A new round of chip price hikes is coming, semiconductor companies are intensively announcing price increases
BlockBeats news: On August 20, the "siphon effect" of AI on the semiconductor industry chain continues to ferment. Entering the second half of 2026, a new round of chip price hikes is sweeping across with broader coverage and stronger intensity.
On August 10, leading RF chip maker Zhaoxin Micro issued a price adjustment letter, announcing that new prices will be implemented for the entire series of RF products starting September 1. The next day, Nationz Technologies followed suit, raising price
Waymo, a subsidiary of Google, has developed and mass-produced a custom chip for its driverless taxis
BlockBeats news, on August 20, Google's Waymo developed a custom chip in-house. The company stated that this chip will enhance the performance of its autonomous taxis while expanding the chip supply sources from third-party companies like Nvidia to in-house channels.
Waymo said that this ASIC chip (Application-Specific Integrated Circuit) has been put into mass production in the company's latest generation of autonomous taxis. Waymo stated that using the in-house chip together with other chips
Adam Back: Bitcoin reaching $1 million could happen faster than the market expects
BlockBeats news, on August 20, Blockstream CEO and early Bitcoin community contributor Adam Back stated that Bitcoin reaching $1 million will happen faster than people imagine, and Bitcoin's market value will match that of gold.
Adam Back will speak at the Bitcoin Treasuries Conference on September 28.
NYSE parent company ICE is considering further investment in Polymarket
BlockBeats news, on August 20, according to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that it is considering participating in a new round of financing for the prediction market platform Polymarket.
ICE CEO Jeff Sprecher said in an interview with Bloomberg Television that if the company's participation can help complete this round of financing, ICE will remain open to it and said its investment endorsement could support the financing. I
Robinhood CEO: Tokenization will "devour" the entire financial system
BlockBeats news, on August 20, Robinhood CEO Vlad Tenev stated in an interview with CNBC that we are at the beginning of a global tokenization supercycle, a trend that will eventually "devour the entire financial system."
Tenev said that tokenized stocks are expected to bring features such as 24/7 trading, real-time settlement, and self-custody to the U.S. market, and that listed stocks are "just the starting point."
U.S. stock storage sector rises against the trend in early trading, SK Hynix up more than 6%
BlockBeats news, on August 20, according to BIT (bit.com) market data, the US stock storage sector initially rose against the trend, SK Hynix (SKHY.O) rose over 6%, SanDisk (SNDK.O) rose over 3%, Micron Technology (MU.O), Seagate Technology (STX.O) rose nearly 2%.
On-chain whales continue accumulating ETH, with three addresses investing a total of $12.42 million
BlockBeats news, on August 20, according to on-chain analyst Ai Yi (@ai_9684xtpa), on-chain whales are still continuously accumulating, with three addresses hoarding a total of $12.42 million worth of ETH in the past 2 hours.
One whale withdrew 3101 ETH from Binance, valued at $7.08 million; another whale is suspected to have bought 3092 ETH OTC from Galaxy Digital, valued at $7.05 million; the address starting with 0x695 bought 1044 ETH on-chain through Cowswap, valued at $2.39 million.
Moderna fell 16%, after closing up more than 170% yesterday
BlockBeats news, on August 20, according to BIT(bit.com) market data, Moderna (MRNA.O) fell 16%, after closing up more than 170% yesterday.
Previously reported, Moderna and Merck collaborated to develop a personalized mRNA cancer vaccine, which achieved significant success in a phase 3 clinical trial targeting high-risk melanoma. This is the world's first mRNA cancer therapy proven effective in a large phase 3 trial. After the news was announced, Moderna's stock price surged nearly 177% in a si