Crypto Icon Fished from the Deep!

A statue of Satoshi Nakamoto was recovered after being reported stolen and found vandalized in Lake Lugano.

Author

Danielle du Toit
August 04, 2025

In partnership with

Former Zillow exec targets $1.3T market

The wealthiest companies tend to target the biggest markets. For example, NVIDIA skyrocketed nearly 200% higher in the last year with the $214B AI market’s tailwind.

That’s why investors are so excited about Pacaso.

Created by a former Zillow exec, Pacaso brings co-ownership to a $1.3 trillion real estate market. And by handing keys to 2,000+ happy homeowners, they’ve made $110M+ in gross profit to date. They even reserved the Nasdaq ticker PCSO.

No wonder the same VCs behind Uber, Venmo, and eBay also invested in Pacaso. And for just $2.90/share, you can join them as an early-stage Pacaso investor today.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Here's what we've got for you today:

  • Satoshi Statue Found Broken in Lake Lugano

  • Bitcoin Company Metaplanet Kicks Off August with First Big Buy

  • Cardano Community Approves $71M Treasury Spend for Network Upgrades

  • Lido Lays Off 15% of Workforce for ‘Long-Term Sustainability,’ Co-Founder Says

The iconic statue of Satoshi Nakamoto was recovered after being reported stolen and found vandalized in Lake Lugano.

  • The iconic Satoshi Nakamoto statue in Lugano, Switzerland, was recovered from Lake Lugano after being reported stolen. It was found in broken pieces.

  • Created by artist Valentina Picozzi, the statue was unveiled in October of 2024 and symbolized Bitcoin’s cultural significance.

  • The crypto quickly community reacted with outrage on social media, and called the act a desecration of a cultural landmark.

Metaplanet bought 463 Bitcoin on Monday after Bitcoin's weekend dip.

  • Metaplanet purchased 463 Bitcoin for $53.7 million after the 5% weekend BTC dip.

  • The acquisition raised Metaplanet’s total holdings to 17,595 BTC, which is now valued at over $2 billion. This means that Metaplanet is ranked as the 7th-largest corporate Bitcoin holder.

  • The move was made after a surge in corporate crypto buying in late July, where 16 companies added over $7.8 billion in crypto to their treasuries.

Cardano’s core development team received approval to be paid 96 million ADA from the treasury to continue with proposed upgrades to the network.

  • Cardano’s development team, Input Output Global (IOG), secured approval for a 96 million ADA ($71M) treasury grant to fund a 12-month upgrade plan.

  • The proposal passed with 74% support and focuses on enhancing scalability, developer tools, and interoperability.

  • Concerns were raised over costs and transparency, prompting milestone-based payments and oversight by Intersect, smart contracts, and a dedicated committee.

According to Lido co-founder Vasiliy Shapovalov, the move was about costs rather than performance.

  • Lido announced a 15% workforce reduction across Lido Labs, Ecosystem, and Alliance teams to cut costs.

  • Co-founder Vasiliy Shapovalov explained that the decision was not performance-based but aimed at operational focus and alignment with LDO tokenholder priorities.

  • Despite the current market upswing, Lido is prioritizing sustainability over expansion by continuing to innovate with its recent v3 upgrade that introduced modular "stVaults."

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