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The New York court has accepted the case of "Claiming dormant addresses of Satoshi Nakamoto and others for Bitcoin," with a total value of 274 billion dollars

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $274 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are attempting to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and that they have the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address.However, even if they win completely, they will ultimately only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses. But Galaxy indicates that the real value of the New York ruling lies in its potential to serve as a "title defect," allowing plaintiff Noah Doe to raise objections with exchanges or custodians if these bitcoins appear in any regulated venue.

The New York court accepts the case of "claiming dormant addresses of Satoshi Nakamoto and others for Bitcoin," with a total value of 274 billion dollars

Galaxy stated that in March of this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $27.4 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are trying to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) are considered lost property, and they claim the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address. However, even if they win completely, they will only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses.But Galaxy indicates that the real value of the New York ruling lies in its potential to act as a "title defect." If these bitcoins appear in any regulated venue, plaintiff Noah Doe could use this document to raise objections with exchanges or custodians.

first_img Polymarket has reached an exclusive partnership with OneFootball, reaching 645 million fans before the World Cup starts

Polymarket announced on Thursday that it has signed an exclusive partnership agreement with the Berlin digital football platform OneFootball, which will connect the prediction market to OneFootball's 200 million monthly active users and 645 million fan ecosystem about two weeks before the start of the 2026 FIFA World Cup. Polymarket will be the only prediction market partner within the OneFootball app, and competitors like Kalshi will not be allowed to enter this product.This is Polymarket's seventh major football partnership this year and the first collaboration aimed at media application distribution channels, having previously signed agreements with MLS, LaLiga, Serie A, Lazio, and DAZN.According to analysis by the Pew Research Center, since July 2024, sports have accounted for 39% of Polymarket's total trading volume. The 2026 World Cup champion market has seen a cumulative trading volume of over $1.2 billion since its launch last July, while the broader World Cup category market totals approximately $1.3 billion.OneFootball has previously launched the OFC token based on Base and Ethereum, as well as the points system BALLS. The integration with Polymarket will convert user engagement into actual transactions. OneFootball has raised over $300 million in funding, with investors including Liberty City Ventures, Animoca Brands, and Adidas.

Gate supports trading of over 10,000 stocks and ETFs, with USDT for one-click configuration of global securities assets

According to the official announcement from Gate, the platform has officially launched real stock trading services, expanding the connection scenarios between crypto assets and traditional financial markets. Currently, Android users can experience stock trading features by updating the Gate App to the latest version, while iOS users can access related services after updating to version 8.21.5. Gate supports over 10,000 stocks and ETF assets, covering major U.S. securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, providing users with a richer selection of global securities asset allocation options.Relying on a unified account system, users can directly participate in stock trading on the Gate platform using USDT. At the same time, Gate's stock spot trading does not involve funding rates, swap fees, or overnight holding costs, which lowers the participation threshold and also provides a more convenient investment experience for users who are long-term holders of stock assets. Currently, Gate stocks support intraday trading, and in the future, it will gradually expand to 24/7 trading, bringing a more flexible and efficient trading experience to global users. Gate is further bridging crypto assets with traditional financial markets, and crypto asset accounts are gradually evolving into an investment gateway connecting global capital markets.

Sui attributed the three mainnet interruptions to upgrade vulnerabilities, with known interruption risks before the fix

According to The Block, the Sui Foundation released an incident analysis report on the recent three interruptions of the mainnet, attributing the three network outages that occurred last Thursday and Friday to two independent vulnerabilities introduced by the v1.72 version upgrade. The first interruption lasted about six and a half hours, while the second and third occurred on Friday morning and afternoon, respectively.The first two interruptions were caused by the "address balance" feature introduced in v1.72, which exposed flaws in the transaction fee deduction method. When a transaction was canceled due to insufficient funds, the network would still spend those funds, resulting in a negative balance that caused the validation node reconciliation process to crash. The foundation acknowledged that the temporary fix pushed urgently on Thursday carried known interruption risks, and the team accepted this risk to quickly restore on-chain services, which led to another network interruption on Friday morning.The third interruption was triggered by another undisclosed random state vulnerability, occurring when the validation nodes restarted to install the fix patch. Sui stated that user funds were never at risk, that both vulnerabilities have been fixed, and that a mechanism to forcibly terminate stalled epochs has been established. The foundation also mentioned that AI agents with access to its production systems significantly accelerated the diagnostic process.
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