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From Ripple news to Pudgy Penguins, here is a roundup of the top crypto stories you may have missed.
Galaxy Executes $9B Bitcoin Sale for Satoshi-Era Whale
Galaxy Digital has facilitated the largest-ever notional sale of bitcoin, selling over 80,000 BTC, worth more than $9 billion, on behalf of a Satoshi-era investor, according to a press release.
- The seller is one of the earliest bitcoin holders, likely mining BTC shortly after its creation.
- Galaxy described it as “one of the earliest and most significant exits from the digital asset market.”
- The transaction was reportedly part of a broader estate planning strategy, not a panic sell.
Ripple CEO Warns of XRP Scams Amid New All-Time High
Ripple CEO Brad Garlinghouse issued a warning about a surge in XRP-related scams following the token’s recent all-time high of $3.66. He said bad actors are hijacking YouTube accounts to impersonate Ripple and promote fake XRP giveaways, taking advantage of renewed interest in the cryptocurrency.
Analysts said XRP’s older retail investor base may be more vulnerable to these scams due to lower digital literacy. Despite this, the community has remained resilient, with experts noting the need for stronger platform-level enforcement to stop scammers exploiting bullish sentiment.
Tesla Misses Out on Billions After Selling Most of Its Bitcoin Holdings
Tesla sold 75% of its bitcoin holdings in mid-2022, just as the market was crashing, missing out on billions in gains as the cryptocurrency rebounded. The electric vehicle company had originally purchased $1.5 billion worth of bitcoin in 2021, but offloaded a significant portion when the digital asset was trading at a fraction of today’s value.
Bitcoin is now trading around $119,000, about six times higher than it was when Tesla sold, meaning the company’s holdings could have been worth around $5 billion today.
In its latest earnings report, Tesla disclosed its digital assets are now valued at $1.24 billion, up from $722 million a year earlier. Gains from bitcoin contributed $284 million in the second quarter, during a period when total net income hit $1.17 billion. Despite the rebound, analysts note the company could have made significantly more had it held on to its original bitcoin investment.
Ozzy Osbourne’s Death Triggers $300K+ in Solana Rug Pulls
The death of rock legend Ozzy Osbourne on Tuesday sparked a wave of scam token launches on Solana, with over a dozen “OZZY” memecoins surfaced within hours.
At least 10 of them were confirmed rug pulls, which resulted in an estimated 1,625 SOL, worth over $325,000, from unsuspecting investors.
Blockchain data shows bad actors quickly pulled liquidity minutes after launch, exploiting Osbourne’s legacy for fast profits.
GOAT Gaming Launches Meme-Driven Telegram Game ‘Underground Pepe’
GOAT Gaming kicked off Season 4 with the launch of Underground Pepe, a mafia-themed idle clicker game integrated directly into Telegram.
The new title centers around Plush Pepe collectibles, which now offer in-game utility by unlocking features and boosting rewards, as players build empires, tap for Pepe Points, and climb seasonal leaderboards.
The game introduces a progression system powered by Pepe Points, which players can earn and exchange for Telegram-themed NFTs, real-world prizes like iPads and PS5s, and in-game perks.
Built entirely on Telegram, Underground Pepe aims to redefine social gaming by combining web3 collectibles with seamless, in-app gameplay for GOAT’s 5 million users.
Pudgy Penguins CEO Predicts Return of NFT Hype, Crypto Gaming Boom
Luca Netz, CEO of Pudgy Penguins parent company Igloo Inc., believes another wave of NFT and crypto gaming mania is coming, comparing the near future to the explosive growth seen in 2020 and 2021. In an interview, Netz said he’s “even more certain about gaming than NFTs,” as the brand expands beyond collectibles into toys, games, and broader IP.
Igloo Inc. is projected to generate $50 million in revenue this year, as Pudgy Penguins positions itself as a long-term consumer brand rivaling the likes of Pokémon and Hello Kitty. Despite not aiming to build a toy empire, Netz says the physical products help cement brand relevance across generations, with or without profitability.
On the other hand, Pudgy Penguins recently celebrated its fourth anniversary with a 17% surge in its native token, PENGU, which reached $0.043, according to CoinMarketCap. The spike in price came alongside a 33% jump in trading volume, totaling over $2.5 billion, as the community marked the milestone with online celebrations and renewed interest in the project.
This article is published on BitPinas: Crypto News You May Have Missed | July 26, 2025
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