Binance Alpha and Binance Futures will list Mitosis (MITO)
According to an official announcement, Binance Alpha will list and open trading for Mitosis (MITO) at 10:00 PM (GMT+8) on August 28, 2025. Additionally, Binance Futures will launch MITOUSDT perpetual contracts at 10:30 PM (GMT+8) on August 28, 2025, with up to 50x leverage.
All eligible Binance users can use Binance Alpha Points to participate in the Booster Program to claim token airdrops. Tokens earned through the Booster Program will enter a lock-up period immediately following the Token General Offering (TGE). During this lock-up period, users will be unable to claim these tokens until the token project officially unlocks them. Users are responsible for ensuring they understand and accept the risks associated with participating in the Booster Program, including but not limited to the inability to claim tokens during the lock-up period, market volatility, and project-specific risks. Participation in the Program involves risks, and there is no guarantee of profit or liquidity.
According to The Block, Hemi, a Bitcoin programmable layer project, has secured $15 million in a new funding round led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com Ventures. This brings the total raised to $30 million, which will be used to advance the development of a network that combines Bitcoin security with Ethereum smart contract functionality. This round of funding will support ecosystem expansion and subsequent token generation activities.
The core of the Hemi stack is the Hemi Virtual Machine (hVM), designed to embed a full Bitcoin node within the EVM. Through cross-chain "tunneling" and a proof-of-stake consensus mechanism, it enables operations such as lending and asset portfolios on the Bitcoin network. Co-founder Jeff Garzik (an early Bitcoin core developer) stated that Bitcoin doesn't need a refactor, but rather supporting tools to unlock its potential. The project claims to have over 100,000 verified users and 400,000 community members, and has integrated or collaborated with over 70 projects, including Sushi, LayerZero, and MetaMask.
Binance Futures to Launch BASUSDT U-Margined Perpetual Contract
According to the official announcement, Binance Futures will launch the BASUSDT perpetual contract at 21:30 (GMT+8) on August 26, 2025, with a maximum leverage of 50x.
SharpLink (NASDAQ: SBET) announced on the X platform that it purchased 56,533 ETH at an average price of approximately $4,462. As of August 26, 2025, the company held 797,704 ETH, valued at approximately $3.7 billion. Key highlights for the week ending August 24, 2025: 1. $360.9 million in net proceeds were raised through ATM facilities last week. 2. Total staking rewards increased to 1,799 ETH since the launch of the treasury strategy on June 2, 2025. 3. Approximately $200 million in cash remains unused for ETH acquisition. 4. The ETH concentration ratio based on cash conversions exceeded 4.00, an increase of over 100% since June 2, 2025.
Yorkville Acquisition Corp. (Nasdaq: YORK), Trump Media & Technology Group (Nasdaq, NYSE Texas: DJT), and Crypto.com announced they have entered into a definitive agreement to form Trump Media Group CRO Strategy, Inc., a digital asset reserve company focused on acquiring CRO, the native token of the Cronos ecosystem. Yorkville Acquisition Corp. is a special purpose acquisition company (SPAC) sponsored by Yorkville Acquisition Sponsor LLC ("Yorkville").
Upon completion of the business combination, Trump Media Group CRO Strategies will be majority-owned by Yorkville, Trump Media, and Crypto.com as founding partners. This digital asset reserve company is expected to be funded by $1 billion in CRO (6,313,000,212 CRO, representing approximately 19% of the total CRO market capitalization at the time of this announcement), $200 million in cash, $220 million in cash from mandatory exercise warrants, and a $5 billion equity credit line provided by Yorkville affiliate YA II PN, Ltd., for a total of $6.42 billion. This will make it the first and largest publicly traded CRO reserve company. To demonstrate their long-term commitment to Trump Media Group CRO Strategies, Yorkville, Trump Media, and Crypto.com have agreed to a mandatory initial one-year lockup period for their founding shares upon completion of the business combination, followed by a three-year phased release schedule.
YZi Labs announces investment in yield-generating synthetic dollar protocol USD.AI
YZi Labs has officially announced its investment in USD.AI, a protocol that provides hardware-backed financing for AI infrastructure and aims to expand AI infrastructure through a new type of yield-generating stablecoin. USD.AI has a locked value of $62 million.
USD.AI is a yield-generating synthetic dollar protocol that brings infrastructure financing (InfraFi) to the blockchain. It is backed by overcollateralized computational loans. USD.AI enables infrastructure and AI operators to access non-dilutive credit while providing depositors with sustainable asset-backed yields. Developed by Permian Labs, USD.AI is backed by investors including Framework, Dragonfly, DCG, Delphi, and Fintech Collective.
Canary has submitted the S-1 application for the Canary TRUMP Coin ETF to the US SEC.
According to market news, Canary has submitted the S-1 application documents related to the Canary TRUMP Coin ETF to the US SEC.
Trump Media and Crypto.com sign $155 million strategic agreement
According to Blockworks, Trump Media Technology Group (TMTG) announced a strategic partnership with Crypto.com through a parallel collaboration and purchase agreement. As part of the deal, Trump Media will adopt Crypto.com's wallet system to support an updated in-app rewards program. Users can redeem earned "gems" for Cronos (CRO), a token tied to Crypto.com, and use their CRO balance to pay for subscriptions. Opening a Crypto.com account also includes a free or discounted subscription to Truth+. Trump Media subscribed to approximately $105 million worth of CRO, equivalent to approximately 685 million tokens, which will be held in custody and staked by Crypto.com. In return, Crypto.com invested $50 million in Trump Media common stock. Both positions are subject to lock-up periods.
Earlier today, news broke that Trump Media and Technology Group will establish a new company to deploy its CRO treasury strategy, with an expected total funding of $6.42 billion . Trump Media will launch a rewards system on the TRUTH SOCIAL and TRUTH+ platforms, using CRO as the utility token .
dYdX has officially released a new roadmap, with its core development company, dYdX Trading, rebranding as dYdX Labs. Over the next 90 days, dYdX plans to conduct software upgrades to support significant breakthroughs in performance, user experience, and token utility for the community. These upgrades include: 1. Partner fee sharing: Partners who bring trading volume and liquidity to dYdX can earn up to 50% of protocol fees; 2. The introduction of tiered and TWAP orders; 3. Designated proposers to significantly reduce end-to-end transaction latency; 4. Improved order gateways; 5. Telegram trading functionality, enabling seamless dYdX account trading between the web and Telegram, launching in September 2025; 5. Social login, supporting instant login and deposits using Google, Apple, or Passkey; 6. Front-end integration with Osmosis, enabling one-click swaps and staking between USDC and DYDX; and 7. Staking DYDX to reduce transaction fees.
Coinbase International will launch GMT, Omni Network, and Synthetix perpetual contracts
Coinbase International has officially announced that it will add support for GMT, Omni Network, and Synthetix perpetual contracts on Coinbase International Exchange and Coinbase Advanced. The GMT-PERP, OMNI-PERP, and SNX-PERP markets will open on or after 5:30 PM Beijing Time on August 28th.
U.S. Commodity Futures Trading Commission Commissioner Kristin Johnson announced her departure next week, leaving the commission with only one leader. Johnson, who set September 3rd as her final day in office, had previously expressed her intention to resign, marking the latest in a wave of high-profile departures from the derivatives regulator. Johnson is one of four commissioners who have announced their intention to resign or have already departed since the beginning of the year. Since taking office, President Trump has sought to fill his administration with pro-cryptocurrency Republican leaders.
Hedge fund Numerai secures $500 million investment commitment from JPMorgan Chase
Numerai LLC, a San Francisco-based hedge fund, announced it has secured a $500 million investment commitment from JPMorgan Chase's asset management arm, with the fund set to launch next year. Over the past three years, its assets under management have grown from $60 million to $450 million. Numerai stated that its global equity hedge fund achieved a 25% net return last year. The company also stated it plans to hire more employees. Its native token, Numeraire (NMR), surged as much as 33% at one point.
Google Cloud launches L1 blockchain GCUL, currently in private testnet stage
Google Cloud has launched its Level 1 blockchain, GCUL. GCUL will utilize Python-based smart contracts and aims to be a neutral infrastructure for finance, providing a "native commercial bank on-chain currency," 24/7 capital markets infrastructure, and payment and brokerage capabilities. The plan is to open it to the entire Google network, encompassing "billions of users" and "hundreds of institutional partners."
Currently in a private testnet phase, the platform announced a pilot program for tokenized assets in partnership with the Chicago Mercantile Exchange (CME) earlier this year. Further technical details are planned for the coming months.
According to Lookonchain monitoring, "Bitcoin OG" closed all long positions of 96,452 ETH (worth US$433 million), making a profit of US$2.6 million, and then bought ETH spot.
In the past 14 hours, he sold 3,968 BTC (worth $437 million) and bought 96,531 ETH (worth $443 million). In the past week, he bought a total of 641,508 ETH (worth $2.94 billion).
U.S. Secretary of Commerce: Plans to publish GDP economic data on blockchain
U.S. Commerce Secretary Howard Lutnick announced on Tuesday that his department will begin publishing economic data "on a blockchain." His department plans to "publish GDP data on a blockchain so that people can use blockchain for data distribution." Lutnick said the program will soon be open to the "entire government."
According to market news, an address suspected of being linked to Justin Sun held millions of dollars in long positions in $XPL on Hyperliquid, emptying the entire order book and causing all accounts to be liquidated. The address then proceeded to close its positions, pocketing a $16 million profit in a single minute. The price of $XPL soared to $1.80, a gain of over 200% in two minutes.
According to analysis by @ai_9684xtpa, address 0xb9c...6801e went long on millions of XPL on Hyperliquid starting at 05:35 AM, completely wiping out the entire order book and squeezing out all short positions (primarily 1x hedges), generating a profit of $16 million in just one minute. The funds for this address primarily came from two sources: 4.99 million USDC transferred from address 0x5dE...c03c3 three hours ago, and 10.98 million USDT transferred from address 0xae0...97150 via DeBridge prior to today.
Rumors linking it to Justin Sun stem from tracing back to the source of funds. This address previously transferred ETH to an address associated with Justin Sun five years ago, but there's no direct evidence proving it's Sun's address. The address has been accumulating long positions since August 24th, but these were small and the position size was minimal, so it didn't cause any volatility. Currently, the address still holds $8.58 million worth of 1x XPL long positions, with a floating profit of $620,000.
