In accordance with the GENIUS Act, the U.S. Treasury Department is publicly soliciting financial institutions to submit innovative approaches to detecting illicit digital asset activity, including APIs, artificial intelligence, digital identity verification, and blockchain monitoring. The public is required to submit comments by October 17 (within 60 days), and their submissions will be used to evaluate the tools' effectiveness, cost, privacy, and cybersecurity.
Ukraine offers $100 billion in U.S. weapons in exchange for security guarantees
Trump administration says it will discuss acquiring 10% stake in Intel
SEC again delays approval of Truth Social and several crypto ETFs
The SEC has postponed its decision on the Truth Social Bitcoin and Ethereum ETFs until October 8th. On Monday, it also issued a routine delay on the CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF. The related XRP trust and 21Shares Core Ethereum ETF staking proposals were also postponed. The SEC said it needed more time to review the relevant rule changes and the issues involved.
Volkswagen Singapore (VGS) announced on August 14th that it has partnered with FOMO Pay to launch a digital currency payment service. Customers can now pay for vehicles and services using Bitcoin (BTC), Ethereum (ETH), and stablecoins (USDT, USDC, etc.). Each customer can pay up to SGD 4,500 per day, with a cumulative limit of SGD 13,500.
BNC, a listed company, announced that its BNB holdings increased from 200,000 to 325,000.
Binance Wallet Launches Mitosis Token Booster and TGE Pre-Orders
Binance has announced two exclusive events for Mitosis (MITO) within the Binance Wallet: the Booster Event and the Token Generation Event (TGE). The Booster Event will run from 08:00 AM on August 19, 2025, to 07:59 AM on August 26, 2025, Beijing Time. Users who complete multiple phases of tasks will be eligible to receive a share of an airdrop worth 1.5% of the total MITO token supply, totaling $1 million. Rewards will be distributed on the day of the TGE; if the total token value falls short, they will be reissued the following day. The TGE will allow eligible users to purchase MITO tokens first.
ETHZilla's stock code changed from "ATNF" to "ETHZ", with a total holding of 94,675 ETH
IVIX, an AI-powered compliance platform, announced the completion of 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 to combat financial crime in areas such as complex cryptocurrency networks, anonymous blockchain transactions, and high-frequency trading. Its AI-powered graph analysis can reveal the hidden connections behind financial crimes.
Chamath Palihapitiya returns to the SPAC market, looking to raise $250 million
Former Facebook executive and billionaire Chamath Palihapitiya has launched another SPAC after nearly three years. His company, American Exceptionalism Acquisition Corp. A, has filed for a $250 million IPO and plans to list on the New York Stock Exchange, focusing on energy, artificial intelligence, cryptocurrency, and defense. The new SPAC has no warrants, and founder shares vest only when the stock price rises 50% above the offering price. AEXA Sponsor LLC will subscribe for 175,000 Class A shares for $1.75 million. Palihapitiya warned retail investors of the risks of investing, stating that only SoFi Technologies Inc. is trading above its offering price, while other SPACs have averaged losses of 75%. The offering is being led by Banco Santander SA, under the ticker symbol AEXA.
KindlyMD Completes $200 Million Convertible Bond Financing to Increase Bitcoin Holdings
KindlyMD announced the completion of a $200 million convertible bond financing round, which will be used to purchase Bitcoin and fund general operations. The company, which previously merged with Nakamoto Holdings and continues to operate under the KindlyMD name, has raised $540 million through a PIPE. KindlyMD's stock trades on the Nasdaq under the symbol NAKA.
BitMine's cryptocurrency holdings exceed $6.612 billion, including 1.52 million ETH and 192 BTC
BitMine Immersion Technologies (BMNR) announced that its cryptocurrency reserves have exceeded $6.612 billion, consisting of 1,523,373 Ethereum (ETH) and 192 Bitcoin (BTC). ETH reserves increased by $1.7 billion, or 373,000 coins, compared to last week. BitMine now holds the world's largest ETH reserves and the second-largest cryptocurrency reserves, behind Strategy Inc. (MSTR).
The company aims to hold 5% of all ETH and is backed by top institutional investors including ARK, Founders Fund, and Pantera. Furthermore, BMNR stock boasts an average daily trading volume of $6.4 billion, making it the 10th most liquid stock in the United States.
BlackRock holds 3.49 million ETH, accounting for 58.03% of all Ethereum ETFs
BitMine's cryptocurrency holdings exceed $6.612 billion, including 1.52 million ETH and 192 BTC
BlackRock holds 3.49 million ETH, accounting for 58.03% of all Ethereum ETFs
