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The passage of the GENIUS Act in the United States has introduced a regulatory framework for the stablecoin market, sparking enthusiastic responses within the cryptocurrency community, while sounding an alarm for the traditional banking industry.
On August 25, 2025, U.S. President Donald Trump announced the immediate dismissal of Federal Reserve Board member Lisa Cook.
Japan Post Bank, the largest deposit institution in Japan, has announced that it will launch a tokenized deposit currency called DCJPY in fiscal year 2026.
A survey commissioned by British insurance company Aviva has revealed the potential influence of cryptocurrencies in the UK's retirement investment sector. More than a quarter of UK adults indicated they are willing to include cryptocurrencies in their retirement portfolios, and 23% are even considering withdrawing existing pension funds to invest in this high-risk asset.
On August 28, 2025, the second Asia Bitcoin Conference grandly opened in Hong Kong, attracting top figures from the global virtual currency industry to gather together.
On August 29, 2025, the Ethereum Foundation announced the suspension of public grant applications for its Ecosystem Support Program (ESP).
Bank of China (Hong Kong) Limited (referred to as "BOCHK") has officially announced that it will apply for a stablecoin issuance license, aiming to become one of the first approved institutions.
Share link:In this post: ZachXBT leaked a spreadsheet exposing over 200 crypto influencers paid to promote a project without disclosure. Only five out of 160+ who accepted the deal labeled their posts as ads. Prices ranged from $750 to $60,000 per post, with wallet addresses publicly listed.
Share link:In this post: BRC20 has officially upgraded to “BRC2.0” at Bitcoin block height 912690, opening the door to decentralized apps and DeFi on Bitcoin. Developers will be able to use Ethereum-style smart contracts on Bitcoin, while still being able to use Ethereum tools. 64% of the NFT market’s total sales since 2017 are based on Ethereum.
Share link:In this post: Sonic Labs secured 99.99% support from participating wallets to issue $200 million worth of its S tokens. Sonic intends to allocate $100 million for a Nasdaq-listed PIPE vehicle. The firm will also change its gas mechanism.
- 17:51Gold prices continue to rise, analysts warn of profit-taking risks at high levelsJinse Finance reported that driven by expectations of interest rate cuts and heightened geopolitical tensions, gold futures continued their rally on Monday after reaching a record high. Currently, gold futures are trading near $3,547, up 0.88% on the day, having climbed as high as $3,557.10 per ounce during intraday trading. FxPro analyst Alex Kuptsikevich noted in a research report that macroeconomic and geopolitical news continue to favor precious metals, with reports indicating that India is actively selling U.S. government bonds and increasing its gold reserves. He also stated that the lack of progress in Russia-Ukraine peace talks has further boosted safe-haven demand. Kuptsikevich pointed out that in the short term, the most significant bullish factor is the market's rising expectations for a Federal Reserve rate cut in September. However, he cautioned investors to remain prudent when participating in the current gold rally, as historical highs often trigger large-scale profit-taking, as was the case in April this year.
- 17:51Google denies claims of major Gmail security warningJinse Finance reported, market news: Google (GOOG.O) has denied claims regarding a major Gmail security warning, stating that it is "completely false" and emphasizing that its protective measures remain strong and effective.
- 17:47If Ethereum falls below $4,200, the cumulative long liquidation intensity on major CEXs will reach $928 millions.Jinse Finance reported that the cryptocurrency market continues to decline. According to Coinglass data, if Ethereum falls below $4,200, the cumulative long liquidation intensity on major CEXs will reach 928 millions. Conversely, if Ethereum breaks through $4,400, the cumulative short liquidation intensity on major CEXs will reach 539 millions.