US Treasury Seeks Innovative Stablecoin Regulation Opinions under GENIUS Act
The US Treasury, in accordance with the GENIUS Act, is publicly soliciting innovative methods from financial institutions for detecting illegal activities in digital assets, including APIs, artificial intelligence, digital identity verification, and blockchain monitoring. The public has 60 days until October 17th to submit opinions, which will be used to assess the effectiveness, cost, privacy, and cybersecurity of these tools.
Ukraine Proposes Purchasing $100 Billion in US Weapons in Exchange for Security Guarantees
Trump Administration Discusses Acquiring 10% Stake in Intel
SEC Again Delays Approval of Truth Social and Multiple Crypto ETFs
The SEC has postponed the decision on Truth Social Bitcoin and Ethereum ETFs until October 8th, and routinely delayed the approval of CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF this week. Related XRP trust and 21Shares Core Ethereum ETF staking proposals were also postponed. The SEC stated that more time is needed to review rule changes and associated issues.
Volkswagen Singapore (VGS) announced on August 14th a collaboration with payment institution FOMO Pay to launch digital currency payment services. Consumers can now use BTC, ETH, and stablecoins (USDT, USDC, etc.) to pay for vehicles and service fees. Each customer has a daily payment limit of 4,500 Singapore dollars, with a cumulative limit of 13,500 Singapore dollars.
Listed Company BNC Announces Increase in BNB Holdings from 200,000 to 325,000
Binance Wallet Launches Mitosis Token Booster Activity and TGE Presale
Binance announced two exclusive activities for Mitosis (MITO) in the Binance Wallet: a Booster activity and a Token Generation Event (TGE). The Booster activity will run from August 19, 2025, 08:00 to August 26, 2025, 07:59 Beijing time. Users can complete multi-stage tasks to share 1.5% of the total MITO token supply as an airdrop reward, with a total value of $1 million. Rewards will be distributed on the TGE day, with any shortfall to be supplemented the next day. The TGE activity allows eligible users to prioritize MITO token subscription.
ETHZilla Stock Code Changes from "ATNF" to "ETHZ", Holding 94,675 ETH Cumulatively
AI Compliance Platform IVIX Raises $60 Million in Series B Funding to Combat Crypto Financial Crimes
AI compliance platform IVIX announced completing a $60 million Series B funding round, led by OG Venture Partners (OGVP), with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, and Cerca. The new funds will be used to accelerate its R&D capabilities in combating financial crimes in complex cryptocurrency networks, blockchain anonymous transactions, and high-frequency trading. Its AI graph analysis can reveal hidden connections behind financial crimes.
Chamath Palihapitiya Returns to SPAC Market, Seeking to Raise $250 Million
Former Facebook executive (billionaire) Chamath Palihapitiya is launching a SPAC again after nearly three years. His American Exceptionalism Acquisition Corp. A has filed a $250 million IPO application, planning to list on the NYSE, focusing on energy, artificial intelligence, cryptocurrency, and defense sectors. The new SPAC has no warrants, and founder shares will only vest when the stock price rises 50% above the issue price. AEXA Sponsor LLC will subscribe to 175,000 Class A shares for $1.75 million. Palihapitiya warns retail investors of risks, noting only SoFi Technologies Inc. trades above its issue price, with other SPACs averaging 75% losses. The offering will be underwritten by Banco Santander SA, with the stock ticker AEXA.
KindlyMD Completes $200 Million Convertible Debt Financing to Increase Bitcoin Holdings
KindlyMD announced completing $200 million in convertible debt financing to be used for Bitcoin purchases and general operations. The company previously merged with Nakamoto Holdings and continues to operate under the KindlyMD name, having raised $540 million through PIPE. KindlyMD trades on Nasdaq under the ticker NAKA.
BitMine Cryptocurrency Holdings Exceed $6.612 Billion, Including 1.52 Million ETH and 192 BTC
BitMine Immersion Technologies (BMNR) announced its cryptocurrency reserves have exceeded $6.612 billion, including 1,523,373 Ethereum (ETH) and 192 Bitcoin (BTC). Its ETH reserves grew by $1.7 billion last week, adding 373,000 coins. BitMine is now the world's largest Ethereum reserve and second-largest crypto reserve, behind only Strategy Inc (MSTR).
The company aims to hold 5% of total ETH and is supported by top institutional investors including ARK, Founders Fund, and Pantera. Additionally, BMNR's daily stock trading volume reaches $6.4 billion, making it the 10th most liquid stock in the US.
BlackRock Holds 3.49 Million ETH, Representing 58.03% of All Ethereum ETFs
BitMine Cryptocurrency Holdings Exceed $6.612 Billion, Including 1.52 Million ETH and 192 BTC
BlackRock Holds 3.49 Million ETH, Representing 58.03% of All Ethereum ETFs
