Arkham Intelligence revealed that Estonian businessman Rain Lohmus owns a dormant wallet with over $1 billion in Ethereum, highlighting the issue of lost private keys in crypto. His holdings, approximately 250,000 ETH, are permanently inaccessible, sparking discussions about digital wealth and blockchain transparency.

Former Australian rugby league player Trent Merrin was arrested for allegedly stealing approximately $140,000 in crypto assets from a man's digital wallet, following a year-long police investigation. He faces deception charges and is scheduled to appear in court on December 3.

The global NFT market cap dropped from $6.6B to $3.5B in a month, despite some activity in Web3 gaming. Major networks like Ethereum and Solana saw declines, but gaming NFTs and Bitcoin-based Ordinals remained resilient. Future focus may shift to utility-driven models and real-world assets.

Raoul Pal stated yesterday on X that the recent crypto market sell-off is part of a broader liquidity cycle, arguing that the “road to Valhalla is getting very close.” The Real Vision CEO said current market stress stems from a U.S. government shutdown and tightening liquidity conditions.
Pal

Paris, France, November 5th, 2025, Chainwire
Zama, the cryptography company behind the Zama Confidential Blockchain Protocol, today announced that it has acquired KKRT Labs, a pioneering research and development firm focused on scaling blockchains using Zero-Knowledge Proofs. This strategic

Oscar Ramos, an XRP content creator, had a video removed by YouTube, leading to a seven-day suspension due to alleged rule violations. The crypto community reacted strongly, perceiving this as targeted censorship. YouTube later reversed its decision, citing no violation, raising concerns over its moderation policies for cryptocurrency content.

Shiba Inu (SHIB) reached its lowest value since January 2024 amid a declining cryptocurrency market, raising concerns for holders. Analysts urge cautious monitoring of market conditions and trading volumes as recovery remains uncertain.

Balancer has recovered $19.3 million from a recent multi-chain exploit affecting its V2 Composable Stable Pools, aided by StakeWise. The swift cooperation within the DeFi community underscores enhancing security protocols, despite initial losses over $128 million.

Vitalik Buterin calls for removing the modular exponentiation precompile from Ethereum to enhance efficiency in zero-knowledge proof generation. This change aims to improve network performance and scalability, focusing on institutional applications and privacy.