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Dormant Whale Moves 1,000 Btc Worth $116 Million After 11 Years
Crypto Trends

Dormant Whale Moves 1,000 BTC Worth $116 Million After 11 Years

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A long-dormant Bitcoin whale has returned to activity after more than a decade, moving a massive 1,000 BTC worth about $116.6 million on Tuesday. The coins, untouched since January 2014, were originally acquired when Bitcoin traded near $847.

According to on-chain analytics firm Lookonchain, citing Arkham data, the whale’s wallet “1NzH…DrtpZo” transferred the entire stash to four new addresses. Arkham has not yet identified who owns the wallet or the new addresses that received the funds.

At the time of writing, Bitcoin was trading at $116,542, up 0.90% in the past 24 hours and 4.51% higher over the past week, according to the CoinMarketCap data.

More Dormant Wallets Are Waking Up

The activity comes amid a broader trend of old Bitcoin wallets springing back to life. Just last week, a wallet holding 445 BTC made its first transaction in nearly 13 years, moving 132 BTC to a new address and sending 5 BTC to crypto exchange Kraken.

In July, another Satoshi-era whale sold more than 80,000 BTC, worth over $9 billion at the time, through Galaxy Digital as part of estate planning. These wallet awakenings point to the fact that long-term holders are starting to re-enter the market with Bitcoin still on its upward trend.

Although it is not clear why the latest 1,000 BTC transfer occurred, this type of transaction usually leaves the crypto community speculating on whether whales are about to sell, hedge their assets, or just rearrange their portfolio.

Also Read: Bitcoin Whale Sells $435 Million in BTC, Buys 96,859 Ethereum



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Battlefield 6 spotting: A side-on shot of a soldier lying prone with an LMG at the ready.
Gaming Gear

Battlefield 6 devs knew ‘everything’ would leak from playtests but said the risk was worth it to get feedback from players: ‘That had to come at any cost’

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Game developers, generally speaking, don’t like leaks. Infinity Nikki studio Infold, for instance, recently described leaks as “poison to all creation.” That’s maybe a bit much, but it does capture the broad sentiment: When you’re working on something that’s meant to be a surprise, and someone blows that surprise, it sucks.

Developers do what they can to prevent leaks, but sometimes there’s just no getting around it. Such is the case with Battlefield 6: Technical director Christian Buhl told IGN that Ripple Effect (formerly DICE LA) “did not want leaks,” but it did want as much feedback from players as possible—and that meant rolling the dice.

“We had, actually, discussions, I think about a year or two ago,” Buhl said. “I guess it was maybe about two years ago, about how much we were going to do to prevent leaks versus how much we were going to do to get the game in front of players. We made a very deliberate decision that we were going to bias very heavily towards putting things in front of players and getting their feedback, even though we knew things would leak.”


Related articles

Sure enough, that’s exactly what happened: The Battlefield Labs program is technically a closed testing platform, but it’s been leaking like a sieve pretty much from the word go. That came as no surprise to developers—Buhl said he made a “big presentation” at one point where he asked rhetorically, and answered, “What will leak? Everything”—and it was ultimately viewed as a necessary price to pay: “We weren’t seeking leaks, but we knew that the most important thing was to get the game in front of players, get real feedback from players, get real telemetry, real data, and that had to come at any cost, including the fact that things would leak.”

Feedback from players is undoubtedly vital, especially when you’re making a game that aims to compete with the Call of Duty juggernaut. But there’s another significant benefit, as PC Gamer’s Morgan Park pointed out back in May when he wrote, “the Battlefield subreddit is an endless feed of leaked Battlefield 6 gameplay, and it might be the best marketing campaign of 2025.”

Leaks generate excitement that promotional trailers and developer streams can’t, because they’re “real” in a way that carefully curated marketing campaigns simply are not. And if that excitement generates demand for even more leaked material going forward, that has to be a lot better than people ignoring your game because nobody cares.



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Lions, WR Jameson Williams reach 3-year deal worth up to $83M
Esports

Lions, WR Jameson Williams reach 3-year deal worth up to $83M

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  • Eric WoodyardSep 6, 2025, 11:52 PM ET

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      Eric Woodyard covers the Detroit Lions for ESPN. He joined ESPN in September 2019 as an NBA reporter dedicated to the Midwest region before switching to his current role in April 2021. The Flint, Mich. native is a graduate of Western Michigan University and has authored/co-authored three books: “Wasted,” “Ethan’s Talent Search” and “All In: The Kelvin Torbert Story”. He is a proud parent of one son, Ethan.

Detroit Lions wide receiver Jameson Williams reached agreement on a three-year extension worth up to $83 million, sources told ESPN Saturday.

Less than 24 hours ahead of the season opener at Green Bay, Williams agreed to the new deal which will set him up for the future.

However, although the Lions and Pro Bowl edge Aidan Hutchinson have had positive contract conversations, they are not expected to reach a deal for him before the season starts, sources told ESPN’s Adam Schefter.

Williams, 24, is coming off his first 1,000-yard receiving season and was entering the final year of his rookie contract. He is expected to take on a bigger role alongside All-Pro receiver Amon-Ra St. Brown and new offensive coordinator John Morton.

Detroit traded up 20 spots to make Williams the 12th overall selection out of Alabama in the 2022 NFL Draft and he has continued to improve. He experienced a breakout year in 2024 where he scored seven receiving touchdowns as a deep-ball threat while also racking up 61 rushing yards and a rushing touchdown.

With the core group returning, Williams anticipates a “fun” 2025 season ahead for Detroit. He felt he made the biggest strides in becoming a more complete receiver this offseason.

“As you come in, I felt like I was getting used in certain ways, but now, it’s opening up the doors for coaches to use me in different ways,” Williams said during Thursday’s practice. “So it’s a lot more ways I’m being used and I just locked in on everything.”

NFL reporter Jordan Schultz first reported Williams’ deal.



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Gaming Gear

Silksong, smacking sticks and other new indie games worth checking out

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Welcome to our latest recap of what’s going on in the indie game space. Folks, it’s here. You know it’s here. So, we’ll touch on it, but briefly. Some developers and publishers opted not to delay their games out of this week (others have done that to get some breathing space from you-know-what), so there are several other newcomers to highlight.

Before we get there, there’s a sale worth mentioning on a PC storefront that does not offer Hollow Knight: Silksong. The Epic Games Store’s End of Summer Sale is running until September 18 and there are some pretty solid deals. Cyberpunk 2077 is 65 percent off for the base game and 50 percent off for the ultimate edition, which includes the Phantom Liberty DLC (which is also 30 percent off for those who have the base game already).

Other discounts of note include Red Dead Redemption 2 (75 percent off), Grand Theft Auto V Enhanced (50 percent off), Assassin’s Creed Shadows (33 percent off), The Witcher 3: Wild Hunt – Complete Edition (80 percent) and Alan Wake 2 (70 percent off). A bunch of PlayStation games are on sale too, including Marvel’s Spider-Man 2 (20 percent), The Last of Us Part 1 (50 percent), Ghost of Tsushima Director’s Cut (33 percent), God of War (60 percent off) and God of War Ragnarok (20 percent). You’ll get 20 percent back in Epic Rewards on your purchases too.

The Epic Games Store offers totally free games every week (no need to have a subscription for those!), and the freebies tend to be for well-known games whenever there’s a major sale on the store. Right now, you can pick up an all-timer in Monument Valley for exactly zero dollars. You have until 11AM ET on September 11 to claim the classic puzzle game. When that game cycles out, Epic Games will rotate three more titles into its lineup: Monument Valley 2, Ghostrunner 2 (which I enjoy very much but am terrible at) and a strategy game called The Battle of Polytopia. Again, you’ll have a week to claim those.

Meanwhile, if you have an Amazon Prime subscription, there’s usually a solid selection in the Prime Gaming library. Games you claim here are yours to keep forever, even if you don’t maintain your Prime membership. Amazon offered up a particularly tasty one this week in the shape of Into The Breach, a hugely acclaimed strategy game, but there are plenty of others to check out. And speaking of games you can play right now…

New releases

Yes, Hollow Knight: Silksong is finally here. It’s out on consoles and PC for $20 and it’s included with Game Pass Ultimate and PC Game Pass. It’s broken storefronts and probably some controllers that players have hurled at the wall after dying to a tough boss.

After a seven-year wait, Silksong is by some distance the highest-profile indie game to arrive in 2025 so far. Perhaps if we start mentioning another long-awaited game — say, Kingdom Hearts 4? Beyond Good and Evil 2? — it may arrive sooner rather than later. Or in, like, another five years.

I made a few attempts to play Hollow Knight, but bounced off quickly each time. I’ll be sure to give Silksong a proper go, though.

It might be the case that Silksong isn’t quite your thing. Never fear, there’s lots of other new stuff from this week for you to dive into.

If a game pops up that reminds me of The Legend of Zelda: A Link to the Past (aka the best game of all time) in terms of looks, I’m duty bound to mention it. Fortunately, Rogue Labyrinth seems like it could be fun to play too. This action-narrative roguelite from Tea Witch Games and publisher indie.io hit Steam this week. It usually costs $15, but it’s 20 percent off with a limited-time launch discount.

Another thing that’s very much in Rogue Labyrinth‘s favor is that your weapon is a smacking stick, which you can use to turn objects (including vanquished enemies) into projectiles. The combat is a blend of bullet-hell dodging and hack-and-slash action. Being a roguelike, there’s randomization when it comes to things like the arenas, enemies and powers you’ll encounter on each run. The game is also said to feature dynamic narrative systems and you’ll forge alliances with other characters as you try to survive a lethal reality show.

Although so many other indie games scrambled to get out of the way of Silksong, Hirogami stuck to its September 3 release date. I had to chuckle when a press release with a title of “3D origami platformer Hirogami refuses to fold” hit my inbox last week. An easy pun, but I appreciated it.

Anyway, this is indeed a 3D platformer with an origami focus. You can flatten out your character into a sheet of paper so that a gust of wind can send you soaring to an elevated platform. You can transform into an armadillo to roll through enemies, an ape to explore treetops and a frog to jump higher. That seems like a real bananza of animal transformation options. Hirogami is available now on Steam, Epic Games Store and PS5.

Fling to the Finish has been out on PC for some time, and now this co-op platform racing game from SplitSide Games and publisher Daedalic Entertainment has swung over to consoles. You and a friend are tethered by an elastic rope that will inevitably snag on parts of the environment. But you can actually use this to your advantage to swing your teammate onto a ledge or send you both hurling through the air.

The obstacle-filled courses bring to mind Fall Guys, while the items that players can deploy to slow down race leaders remind me a bit of the Mario Kart games. Fling to the Finish does support solo play, as well as local and online multiplayer, where communication will be key (cross-play is available too). As was the case with Overcooked, you and your pal can play the game by sharing a single controller, which may make it easier to play the game in splitscreen if you’re with a bunch of friends.

Jetrunner is an action platformer in the vein of Ghostrunner and Neon White from Riddlebit Software and publisher Curveball Games. The folks behind it say it has “a gameplay loop that can be best described as Trackmania meets Titanfall.” So, there are lots of comparisons to make here. Ultimately, you’ll be parkouring your way through various courses while shooting targets, hooking onto grapple points and looking for shortcuts.

Finding the optimal route — and, of course, actually completing it with as few errors as possible — is the path to climbing the global leaderboards. You can race against ghost replays of your previous runs for a clear visual comparison. In addition, there’s a story mode that sees your character Nina (voiced by Sara Secora) trying to become a legendary jetrunner, with commentator Mick Acaster (Matthew Mercer) charting her progress. I’m digging the visuals here too.

Jetrunner is out now on Steam and the Epic Games Store for $20 (there’s a 10 percent launch discount on Steam). There’s a speedrun contest that’s taking place until September 11 with a $2,000 prize pool. You can snag a share if you can complete all of the campaign levels in a row quickly enough in the marathon mode and stick to the rules. It also seems that the exodus of other games this week due to Silksong helped Jetrunner gain extra visibility on Steam.

Upcoming

A rhythm RPG in which you can use your own music and manually adjust the BPM is interesting enough. But add giant, repurposed mechs to the mix, and now we’re really cookin’. In Steel Century Groove, you’ll compete in robot dance battles as you try to claim a championship. These mechanical beasts were used in warfare long, long ago. Now they’re just literal groove machines.

Steel Century Groove, which is from Sloth Gloss Games, is coming to Steam on January 28. A demo is available now, and your progress will carry over to the full game.

When I was assembling the list of games to include in this week’s roundup, I left myself a single, two-word note about The Legend of Baboo: “big floof.” The floof in question is the large, titular dog that accompanies human hero Sepehr in this third-person action adventure from Permanent Way and publisher Midwest Games.

You’ll play as both characters as you take on enemies, solve puzzles and navigate treacherous lands. When you conquer bosses, you’ll learn powerful magical attacks. Most importantly, you can zhush up Baboo with outfits and ornaments that you discover on your journey. He’s the best boy and he deserves to look and feel good. It’s also crucial to note that, as Sepehr, you can pet, ride and high-five Baboo.

A release date (or even a release window) has yet to be announced for The Legend of Baboo. It’s coming to Steam, Xbox One and Xbox Series X/S.

Dreams of Another looks quite unlike any game I’ve seen before. It uses point cloud rendering tech for its remarkably pretty visuals. This fantasy exploration game from Q-Games (under the leadership of Baiyon, the director of PixelJunk Eden) is set in a dream-like world where you create the world by shooting at it.

Dreams of Another is coming to PS5, PS VR2 and Steam on October 9, and it might just prompt me to set up my VR headset again. A demo dropped this week on Steam, but it’s only available until September 16.

Tombwater looks kinda rad. It’s a 2D pixel-art Soulslike Western from Moth Atlas and publisher Midwest Games. The developers took (another?) leaf out of FromSoftware’s playbook by pitting you against creepy eldritch horrors. This one is coming to Steam on November 12.

I always appreciate when a labor of love comes to fruition. Former Uber, MapQuest and Microsoft engineer John Lansing said that, nine years ago, “I built a Final Fantasy Tactics inspired football prototype, and 691 commits later I am proud to present the Fantasy Football Tactics Demo!” This is a turn-based RPG in which the aim is to outscore your opponents rather than taking them out in combat.

The demo hit Steam this week. There’s no release date as yet for the full game.



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Pete Hines appears on a stage.
Game Updates

Pete Hines Says Game Pass Worth ‘Jack S***’ Without The People Who Make It

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Bethesda’s former VP of publishing, Pete Hines, still sounds skeptical of Game Pass. Nearly two years after leaving the Fallout and Elder Scrolls maker, the veteran video game marketer shared his concerns about subscription gaming’s long-term impact on the industry. “You need to properly acknowledge, compensate, and recognize what it takes to create that content and not just make a game, but make a product,” he said in a new interview with DBLTap.

Hines had worked at Bethesda for over two decades when it was acquired by Microsoft in 2021 for over $7 billion. While the relationship seemed like a natural fit following a long history of closely working together, going back to the days of porting Morrowind to Xbox, there were clear cracks as Microsoft’s gaming strategy evolved following the launch of the Xbox Series X/S.

Internal communications revealed during the FTC trial over the tech giant’s acquisition of Activision Blizzard suggested Hines in particular was frustrated with a mandate that Bethesda stop bringing its games to rival platform PlayStation 5. Indiana Jones and the Great Circle was multiplatform before becoming an Xbox exclusive, only for it to go multiplatform again when Microsoft pivoted in the years after Hines retired.

While the former exec doesn’t touch on that messy 180 in the new interview, he does address concerns about subscription gaming and especially how servicing something like Game Pass drives incentives within a massive publishing organization like Xbox. Earlier this summer, Microsoft’s gaming division was hit with more mass layoffs, including the cancellation of an internally well-regarded loot shooter project called Blackbird that was being developed at the Bethesda-adjacent ZeniMax Online.

I’m involved enough to know I saw what I considered to be some short sighted decision making several years ago, and it seems to be bearing out the way I said. Subscriptions have become the new four letter word, right? You can’t buy a product anymore. When you talk about a subscription that relies on content, if you don’t figure out how to balance the needs of the service and the people running the service with the people who are providing the content – without which your subscription is worth jack shit – then you have a real problem. You need to properly acknowledge, compensate and recognize what it takes to create that content and not just make a game, but make a product. That tension is hurting a lot of people, including the content creators themselves, because they’re fitting into an ecosystem that is not properly valuing and rewarding what they’re making.

A big topic recently has been whether Microsoft’s first-party game studios are compatible with Game Pass. The company says Game Pass is profitable and that it takes into account lost sales from games being available for free to paying subscribers. But it’s still unclear how the development costs for those games are captured within the company and what the new metrics are for success. Does total minutes of your game played matter more than total sales? Would studios like Hi-Fi Rush maker Tango Gameworks still have been shuttered if that were the case?

However the current system works, Hines seems concerned it’s not “properly valuing and rewarding” what developers at the company are making. And that’s before getting into questions about recent mass layoffs, their impact on morale, and institutional brain drain when senior people disappear from an organization. But it’s also unclear how much the Game Pass question will ultimately matter in the long run.

Subscriber numbers appear to have hit a ceiling and Microsoft is now selling games on PS5, a marketplace much closer to the product-oriented one Hines says teams like those inside Bethesda were originally designed for. At the rate Microsoft keeps pivoting, it’s hard to know where things will go next.



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German Government Failed to Seize $5 Billion Worth of BTC
Crypto Trends

German Government Failed to Seize $5 Billion Worth of BTC

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  • Saxony’s Bitcoin selling spree 
  • Untouched stash 

According to data provided by analytics firm Arkham Intelligence, the German government has failed to seize a total of 45,000 Bitcoins ($5 billion) from the infamous Movie2K piracy website. If the analysis is correct, the operators behind Movie2K still have access to a substantial cryptocurrency fortune.  

Saxony’s Bitcoin selling spree 

Saxony, a state in eastern Germany, sold a total of 50,000 Bitcoins last year after seizing them from the infamous piracy website. 

The selling spree attracted strong pushback from the Bitcoin community, and the sale ended up being untimely in hindsight, given that the price of the leading cryptocurrency has greatly appreciated since then. 

Untouched stash 

Now, Arkham claims to have identified another untouched stash of roughly the same size. At current prices, it is worth more than what the German government has already liquidated. 

The coins are hidden across a total of 100 wallets, and it remains unclear whether the German government (or the state of Saxony, to be precise) actually missed these coins entirely. 

It remains to be seen whether Saxony will attempt to seize these Bitcoins in the future if Arkham’s analysis is actually correct.             



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Top 10 Crypto CEOs by Net Worth in 2025
Crypto Trends

Top 10 Crypto CEOs by Net Worth in 2025

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Key takeaways: 

  • Crypto wealth in 2025 is led by exchange founders and stablecoin creators like CZ, Devasini and Armstrong.

  • Not all crypto billionaires are CEOs — Buterin shows protocol builders can rival corporate giants.

  • A new wave of millionaires is rising from culture, entertainment and Web3-native models like Stake.com.

  • Crypto leadership shifts fast; most top names today weren’t on the radar a decade ago.

The crypto market is back in full force as of mid-2025. Total capitalization has surged to $3.8 trillion (up over 130% year-on-year), which has sparked a new surge of wealth across the industry. At the center of it all are the people pulling the levers: the top 10 crypto CEOs shaping this cycle. This list ranks the richest people in crypto today, based on publicly available data from onchain trackers, investor reports and other credible sources.

Did you know? The Winklevoss twins converted their $11-million Facebook settlement into Bitcoin (BTC) in 2012, making them among the first-ever Bitcoin billionaires.

1. Changpeng Zhao net worth 2025 (Binance): Around $62.9 billion

Changpeng “CZ” Zhao remains the undisputed heavyweight of the crypto billionaire class in 2025. Despite stepping down as Binance CEO in late 2023 and serving a short sentence following a historic $4.3-billion regulatory settlement, CZ still holds roughly 90% of the world’s largest crypto exchange and a sizable cache of BNB (BNB) tokens.

His estimated net worth sits at $62.9 billion, according to Bloomberg and Datawallet, placing him firmly atop the crypto wealth ranking 2025. Few crypto tech CEOs have shaped the market more than CZ. 

While his public presence has waned, his portfolio influence remains massive — especially as BNB continues to power a wide swath of decentralized finance (DeFi) and exchange activity.

2. Giancarlo Devasini (Tether/Bitfinex): Around  $22.4 billion

As chief financial officer of Bitfinex and a founding force behind Tether, Giancarlo Devasini is a key figure behind Tether’s USDt (USDT), the most traded digital asset on Earth. With an estimated 47% stake in Tether, Devasini’s net worth has climbed to $22.4 billion, which makes him one of the top crypto billionaires of 2025.

He seemingly prefers to keep a low profile and is rarely seen in public. Devasini operates from Switzerland but wields immense behind-the-scenes influence over stablecoin flows and market liquidity. He’s part of the new breed of digital asset moguls: quiet, strategic and central to the plumbing of crypto markets.

If you are tracking crypto business tycoons, few have more sway over daily volume than Devasini.

3. Brian Armstrong (Coinbase): Around  $9.6 billion-$12.8 billion

Brian Armstrong remains at the helm of Coinbase and continues to be one of the most visible crypto industry leaders. He holds around 14%-15% of the company, which makes his net worth somewhere between $9.6 billion and $12.8 billion, depending on stock valuation.

Armstrong has become a fixture in both tech and finance circles over the years and has played an instrumental role in bridging Web2 structure with Web3 ideals.

4. Michael Saylor (Strategy, formerly MicroStrategy): Around $10.1 billion

Michael Saylor, now executive chairman of the rebranded Strategy, remains the loudest Bitcoin bull on the planet, and he’s backed it up with staggering numbers. Personally holding about 17,700 BTC and owning a large share of Strategy, his total net worth is estimated at $10.1 billion. 

As of mid-2025, Strategy controls over 628,000 BTC — worth around $72 billion — making it the largest corporate Bitcoin holder by a wide margin. The company’s stock has surged nearly 700% in the last year, mirroring BTC’s explosive run.

Saylor is often viewed as the philosopher king among crypto CEOs.

5. Chris Larsen (Ripple Labs): Around  $7 billion-$8 billion

Ripple’s Chris Larsen has bounced back from relative quiet and made it to the list of top 10 crypto CEOs by net worth in 2025. After a sharp dip in 2024, XRP’s (XRP) price recovery and Ripple’s expansion into real-world asset tokenization have boosted its net worth to an estimated $7 billion-$8 billion.

Larsen holds roughly 2.6 billion XRP tokens and a sizable equity stake in Ripple Labs, the company he co-founded and still chairs. He remains an influential voice on crypto regulation and cross-border payments even after stepping down as Ripple CEO in 2016.

He continues to represent the old guard in 2025 — still powerful, still relevant and still climbing the crypto wealth ladder.

6. Jed McCaleb (Stellar, ex‑Ripple/Mt. Gox): Around  $2.9 billion

Few names in crypto history carry as much technical legacy as Jed McCaleb. One of the co-founders of Mt. Gox, Ripple and now chief technology officer of Stellar, McCaleb has shaped the infrastructure of digital assets since the early days. 

His fortune (estimated at $2.9 billion as of April 2025) comes primarily from early XRP allocations and Stellar equity.

Although he sold most of his XRP under court-mandated agreements, McCaleb’s long-term influence remains. Beyond blockchain, he now splits his time between Stellar protocol development and his aerospace startup, Vast.

He’s a prime example of blockchain company founders who move beyond finance, changing what it means to be a crypto tech CEO in 2025.

7. Mike Novogratz (Galaxy Digital): Around  $2.7 billion

A former hedge fund manager turned digital asset mogul, Mike Novogratz remains one of the most outspoken crypto influencers of 2025. As founder and CEO of Galaxy Digital, he owns approximately 54% of the firm, which holds over 17,000 BTC and continues to be a key player in institutional crypto finance.

Despite market swings, his net worth holds at $2.7 billion, according to recent filings and Forbes’ 2025 estimates. Novogratz’s fortune is deeply tied to Galaxy’s equity and crypto reserves, which makes him a familiar name on any serious Bitcoin billionaire list in 2025.

Did you know? Crypto executive Mike Novogratz once boasted of being the only person in the world to have both a Bitcoin tattoo and a Luna tattoo (a nod to risk-taking in volatile markets).

8. Barry Silbert (Digital Currency Group): Around  $3 billion-$3.2 billion

Founder of Digital Currency Group (DCG), home to Grayscale, Genesis and CoinDesk, Barry Silbert remains a heavyweight in venture crypto finance. Though his estimated $3 billion-$3.2 billion fortune has faced headwinds following Genesis’ insolvency and legal scrutiny, he remains one of the original crypto business tycoons.

Silbert’s early bets on Bitcoin, Ethereum and dozens of startups cemented his role in the ecosystem’s institutional growth. Even in a post-contagion world, DCG’s reach still makes him one of the most consequential crypto industry leaders in the world.

9. Bijan Tehrani (Stake.com): Around  $2.8 billion

Bijan Tehrani, co-founder of Stake.com, represents a different breed of crypto billionaire: one built on entertainment. With an estimated net worth of $2.8 billion (Forbes, May 2025), Tehrani has ridden the wave of crypto-enabled gambling and streaming partnerships.

Stake’s explosive growth, fueled by influencer deals and high-profile sponsorships, has placed Tehrani among the crypto millionaires under 40. While not a protocol builder, his stake in the culture-driven side of Web3 shows how far crypto has extended into lifestyle and entertainment.

10. Vitalik Buterin (Ethereum Foundation): Around  $1.025 billion

Though not a CEO in title, Vitalik Buterin remains the intellectual core of Ethereum and a pillar of modern crypto. As of July 2025, his known wallets hold around 278,000 Ether (ETH), valued at over $1.025 billion, according to Nansen and 99Bitcoins.

Buterin’s fortune may be modest compared to exchange moguls and stablecoin tycoons, but his impact is unmatched. He continues to guide Ethereum’s evolution, most recently with the Fusaka upgrade and expansion of layer-2 ecosystems.

Did you know? Despite a net worth of only a few million dollars, David Chaum, who proposed a nearly complete blockchain design in his 1982 Berkeley dissertation, is considered the “godfather of cryptocurrency.” 

Crypto industry leaders and the Bitcoin billionaire list of 2025

As of mid-2025, the richest figures in crypto remain familiar names: CZ, Devasini and Armstrong. Exchange founders, stablecoin creators and platform leaders dominate the top ranks.

But the list also shows multiple paths to wealth. Buterin exemplifies protocol-driven fortunes, while Tehrani highlights how culture and entertainment drive new billionaires.

One final note: A decade ago, most of these names were unknown. By the next cycle, today’s rising founders could be tomorrow’s crypto billionaires.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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Product Reviews

Hitman on iOS, martial arts survival and other new indie games worth checking out

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Welcome to our latest recap of what’s going on in the indie game space. One very well-known indie found its way to iOS devices this week, though there are other new releases worth highlighting and plenty of other upcoming games to tell you about.

First, though, there was a (paywalled) story in Game File this week that caught my eye. It’s about how Google’s AI Overviews feature offers up false video game tips. That’s a problem the developers of a game called Trash Goblin — a cosy shopkeeping game in which you chip away at junk to unearth trinkets you can restore and sell — have been dealing with.

AI Overviews offered incorrect information about the game to some players, as well as the crew at Spilt Milk Studios when they tested the responses. For instance, AI Overviews suggested that a player could damage a trinket when they were removing debris from it, which is not true. It also in some cases delivered the correct information, but pointed the user to an incorrect source. In addition, AI Overviews offered information about another game entirely. This is obviously not ideal for players or the team behind Trash Goblin.

We’ve seen many cases in which AI Overviews get information blatantly wrong. Like other large language models (LLMs), it guesses what the next word or words should be in its responses based on its training data. LLMs are about generating sequences of text; they’re not designed to deliver facts (one reason why there’s a disclaimer on AI Overviews that reads “AI responses may include mistakes”). They often just make stuff up.

If you’re looking for help with a game, you’re far better off finding a community of players you can chat to. You might be able to find a clear, helpful guide to the game in question on an actual video game website, written by a professional video game guide writer. If, that is, you can evade AI Overviews to get to those websites in the first place (thankfully, it’s easy to turn off AI Overviews for your Google searches).

New releases

IO Interactive is independent, which means Hitman World of Assassination fits within our remit here. This week, the bundle of three core Hitman games from the last decade arrived on iPhone (iPhone 15 Pro and Pro Max, as well as the iPhone 16 lineup) and iPad. Supported iPad models are iPad Pro and iPad Air (M1 chip or later), as well as the A17 Pro iPad mini.

Hitman World of Assassination is a sandbox stealth game in which you’re given a mission (usually taking out a target) and it’s up to you how to carry that out. Getting to know the layout of each level so you can plan your approach and escape is key. Understanding the route and actions of the NPCs will stand you in good stead too.

The iPhone and iPad versions have touch controls with context-sensitive buttons. You can, of course, opt to use a third-party controller instead. IOI says it tapped into Apple’s MetalFX tech to help ensure the iOS port looks good.

Hitman World of Assassination costs $70 on iOS. That’s fairly steep, but IOI says the game offers over 100 hours of gameplay. Alternatively, you can play the first location for free, and buy any of the 24 levels individually for $3 each.

In addition, the game is coming to Apple Silicon Macs later this year. IOI will also bring the roguelite Freelancer mode to the iPhone and iPad versions down the line with a free update.

Another game landed on new platforms this week as Alawar’s Karate Survivor hit PlayStation, Xbox and Nintendo Switch for $6. As the title suggests, this is a survivor-style martial arts beat-’em-up.

You’ll be able to use the environment to your advantage by picking up items to use as melee or projectile weapons, kicking objects toward goons and swinging locker and microwave doors into bad guys’ mushes. You can unlock hundreds of different moves and there are permanent upgrades as well.

First-person action-adventure Davy x Jones has set sail in early access on Steam. Until September 4, you can snap it up for $6.66. After that time, it will cost $10. However, the price will increase ahead of the game’s full release on PC and consoles, which is slated for late 2026.

In this early version, you’ll have access to the main gameplay and combat systems (including legendary weapons), several islands, an array of enemies and some cinematic executions — hopefully involving a kraken. You’ll take command of a half-ship, half-whale vessel called Abby as you attempt to escape the underworld and seek revenge as the legendary pirate.

Regular readers of this roundup will know that I’m a sucker for a game with a great title. Prop Haunt, which riffs on the prop hunt modes in many other games, is definitely one of those (as is another one I’ll mention later on).

This is a spooky 1 vs. 4 multiplayer horror title from Silent Forest Games that just hit Steam early access for $15. The ghost players possess objects and it’s up to the investigator to find and stop them. The ghosties can teleport, blend into their surroundings and so on, while the investigator has cameras and other gizmos at their disposal

Currently, there are four playable ghosts with different haunting styles, two maps and support for public and private lobbies. More maps, ghost powers, investigator tools and procedural prop generation are in the works.

Upcoming

Bye Sweet Carole had flown below my radar until the release date trailer popped up but, goodness, does it look gorgeous. The team at Little Sewing Machine took a hand-drawn approach to the art of this narrative-horror game, which mimics the look of classic animated films. Even the song in the trailer aligns with the type of showtune you’d hear in Disney movies.

You’ll take on the role of Lana Benton, a young girl who sets out to find out the truth about her best friend Carole’s disappearance from an orphanage. It sounds (and looks!) pretty promising. Publisher Maximum Entertainment is bringing Bye Sweet Carole to PS5, Nintendo Switch, Xbox Series X/S and PC on October 9.

Rita is an interesting-looking puzzle game from SporkTank (aka solo developer Martin Stradling). You play as a chick that uses letters found in the environment to solve word puzzles, including crosswords, in order to progress. For instance, you might need to fill in a crossword answer for “stairs” in order to spawn a staircase (perhaps there’s a bit of a Baba is You influence here?). There are some platforming elements too.

You’ll follow Rita throughout her journey from exploring as a young chick to becoming a grandparent. It all seems quite lovely. Rita is coming to Steam early next year. A demo will be available on September 18.

Co-op survival game Lost Skies is set to exit Steam early access on September 17. Set on an archipelago of sky islands, you can explore this world with up to five buddies and try to learn exactly what led to this fractured civilization. You have a grappling hook, wingsuits and gliders to help you traverse these landforms and a customizable and upgradeable skyship that you’ll use for both transportation and combat. Players can also create their own islands, which they can share with the community.

I never got around to checking out the demo for Lost Skies, even though I’ve had it installed on my PC for months. Still, this one from Bossa Studios and publisher Humble Games has me intrigued enough to perhaps try out the full game.

Another game I’ve had my eye on for a hot minute is Bloodthief, which will debut on Steam on September 22. This is a Ghostrunner-inspired medieval parkour-slasher game from first-time game creator Blargis (Jake Bedard), who has been sharing development updates on YouTube over the last couple of years.

In Bloodthief, you play as an agile vampire and use the blood of your enemies to enhance your speed, abilities and survival. For example, attacks help boost your momentum. I’m definitely looking forward to watching some speedruns of this because I’m fairly sure that, as with the Ghostrunner games, I’m going to be absolutely terrible at this.

While you’re waiting (im)patiently for the full release of Hades 2, you might like to check out a similar flavor of isometric roguelite action — albeit with the addition of co-op. In Sworn, you’ll set out to save Camelot from a corrupted Arthur and the Knights of the Round Table with the help of up to three other players.

Sworn has been in early access since last year, and you won’t have to wait much longer for the full game. It’ll be available on PlayStation 5, Xbox Series X/S, Nintendo Switch and Steam on September 25.

Let’s wrap things up for this week with another game that has a fantastic title. The Hero is too Powerful so let’s Pleeeease Settle this Peacefully! is the latest project from Night Stroll Studio (solo developer Trevor Thompson). It’s an RPG in the vein of early Zelda games in which you play as a hero who has exactly one attack.

However, you can level up this attack to the point that it’s obscenely powerful. There’s also the option of talking your way out of sticky situations. This comedy adventure, which has maybe my favorite title of any game this side of I’m Going to Die if I Don’t Eat Sushi!, is slated to hit Steam later this year.



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Bitcoin
Crypto Trends

MicroStrategy Successfully Claims 3% Of Bitcoin Supply, Here’s How Much It’s Now Worth

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Strategy, formerly known as MicroStrategy, has achieved a milestone that cements its reputation as the biggest corporate holder of Bitcoin. A recent acquisition of 3,018 BTC on August 25 at a total purchase price of $357 million has pushed the company’s total Bitcoin portfolio to 632,457 BTC. 

Based on the current price of Bitcoin, the total value of the portfolio is valued at $46.502 billion. However, outside the value of its holdings, data shows that Strategy now controls over 3% of Bitcoin’s current circulating supply.

Strategy Claims 3% Of Bitcoin Supply

According to Strategy’s website, the American-based technology company now holds 632,457 BTC. At the time of writing, Bitcoin has a total circulating supply of 19,912,106, although the maximum supply is hard capped at 21,000,000.

In numbers alone, Strategy now owns 3.176% of the circulating supply of Bitcoin. Claiming such a large share of Bitcoin shows the scale of the company’s commitment and its strategy of positioning Bitcoin as the backbone of its corporate treasury.

Source: Chart from Strategy

Owning more than 3% of Bitcoin’s supply has not only been symbolic but also financially rewarding for Strategy. In the current quarter alone, its portfolio has grown by 4.7%, generating $3.156 billion in gains. Since the start of 2025, the value of its holdings has increased by 25.4%, amounting to an increase of $12.641 billion in dollar terms.

The company’s Bitcoin-based investment’s profit in 2025 has already surpassed the entire profit of $13.133 billion recorded in 2024. Notably, this Bitcoin buying strategy means the company’s performance is now linked to Bitcoin’s price movements, with every percentage increase in BTC translating into billions in added value.

Future Ambitions After The 3% Milestone

According to data from Bitcointreasuries.net, Strategy is by far the biggest public Bitcoin treasury company. The second is America-based digital asset technology company MARA Holdings, which currently holds 60,639 BTC. 

Strategy is now part of the top five Bitcoin holders, behind crypto exchange Coinbase, Satoshi Nakamoto, and Spot Bitcoin ETF issuer BlackRock, which has seen the value of its Bitcoin holdings grow to over 747,000 BTC in August 2025. Interestingly, Strategy’s Bitcoin portfolio has even surpassed the total amount of BTC held in the Binance exchange reserve, which data from Coinglass currently puts at 578,903 BTC. 

Although holding over 3% of Bitcoin’s circulating supply is a milestone few companies could have imagined, Strategy’s ambitions are far from fulfilled. Co-founder and former CEO Michael Saylor recently outlined a plan to raise $100 billion within the next four years to finance the company’s Bitcoin credit initiative. The financing could even reach up to $200 billion if the demand for the company’s securities is strong. 

At the time of writing, Bitcoin is trading at $111,300, up by 0.9% in the past 24 hours.

BTC trading at $110,607 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Bitmine Expands Ethereum Treasury To 1.71M Eth Worth $7.9B
GameFi Guides

BitMine Expands Ethereum Treasury to 1.71M ETH Worth $7.9B

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BitMine Immersion Technologies is rewriting the playbook for corporate crypto strategy after snapping up Ethereum at a record pace. The company, based in the United States, confirmed on August 24 that it now controls 1,713,899 ETH valued at $7.94 billion. 

According to the release, it also has $562 million in cash and 192 Bitcoin, increasing its total reserves to $8.82 billion. This growth demonstrates how BitMine is transforming organizations’ approach to crypto treasury tactics.

The growth comes after BitMine bought 190,526 ETH worth $883 million last week, boosting its balance sheet by $2.2 billion. Hence, the firm now ranks as the number one Ethereum treasury worldwide. Moreover, it stands second in overall crypto holdings, just behind MicroStrategy, which owns over 629,000 Bitcoin valued at $71 billion.

Rapid Growth in Treasury Strategy

BitMine launched its Ethereum treasury program on June 30 and closed its first phase on July 8. Since then, it has scaled holdings with speed, supported by institutional investors. 

Besides, its stock has surged in response to these moves. Per Yahoo Finance data, BMNR shares ended at $53.49 on Friday, climbing 12.07% in a single session. Ethereum, on the other hand, traded at $4,662.35 according to CoinMarketCap, being down 2.08% in the past 24 hours.

Chairman Thomas “Tom” Lee of Fundstrat explained the company’s momentum. “In the past week, BitMine increased its crypto and cash holdings by $2.2 billion,” Lee stated. He further noted, “At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock.”

Ethereum as a Macro Bet

Additionally, BitMine views Ethereum as a generational trade. Lee stressed, “We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years.” He pointed to Wall Street and artificial intelligence moving onto blockchain as catalysts for global financial transformation.

Moreover, BitMine’s crypto and cash NAV per share has soared to $39.84, up from $22.84 in late July. With average daily stock trading volume at $2.8 billion, the company has also become one of the most liquid equities in the US.

BitMine’s Ethereum push makes its dominance strong and also underscores Wall Street’s accelerating embrace of blockchain assets.

Also Read: Whales Move to Ethereum, Bitcoin Retreats Near $112,700 Mark



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