A certain encryption KOL was sentenced to one year in prison for a $3.5 million cloud mining scam.
According to Jinse Finance and Cryptonews, cryptocurrency KOL Charles O. Parks III has been sentenced to one year and one day in prison for implementing a large-scale cloud computing mining fraud case. From January to August 2021, Parks defrauded cloud service providers using a false company identity, illegally mining and profiting nearly $1 million, involving Ethereum (ETH), Litecoin (LTC), and Monero (XMR). Parks had previously pleaded guilty and was ordered to forfeit $500,000 and a Mercedes-B

WAI really dares to turn the "Metaverse" into a worldview Token, is it really a cross-dresser in the AI circle?
In the crypto world, there are always those who package themselves as saviors. For example, WAI(World3), this Token claims to "mix AI and Web3 together", like putting GPT and Bitcoin into the same blender to make a milkshake. It sounds full of sci-fi vibes, but the problem is—AI costs money, the chain requires Gas, and WAI needs real money in the user's wallet.
In contrast, **PUBLIC(PublicAl)** is taking the "old cadres" route -- I want to make AI accessible to everyone, so that AI i

The Wall Street elephant jumps into the crypto world pool, and Citibank is here to play with stablecoins!
Citigroup recently announced that it will launch stablecoin and crypto ETF custody and payment services. This is akin to an old Wall Street bank in a suit, carrying a briefcase, suddenly putting on sunglasses and running into the crypto world to dance.
Why is Citibank doing this? It's simple -- the money is too tempting. The trading volume of stablecoins has approached the scale of traditional payment networks, and global cross-border settlements are increasingly relying on crypto assets.

A user mistakenly transferred 140 ETH due to address poisoning, resulting in a loss of approximately $636,000.
BlockBeats news, on August 15, according to Scam Sniffer monitoring, 1 hour ago, a victim lost 140 ETH, worth $636,559, by copying the wrong address from contaminated transaction history.
Address poisoning attackers send small transactions (usually zero-value or micro "dust" transactions) to the target wallet to make a forged wallet address appear in the target's transaction history. The forged address is very similar to the user's commonly used addresses, tricking the user into makin

The "Stablecoin Regulations" have come into effect, and some exchange shops in Hong Kong are still exchanging USDT "without a license."
BlockBeats news, on August 9, according to Caixin, the Hong Kong "stablecoin regulations" will take effect on August 1, 2025. In addition to introducing a licensing system for issuers, the regulations clearly state that non-holders of five types of licenses, referred to as "permitted offerors," will not be allowed to offer stablecoins in Hong Kong. In other words, exchange shops that previously operated USDT and USDC stablecoin exchange businesses in Hong Kong

Eric Trump warns "Do not short Bitcoin and Ethereum"
Golden Finance reported that Trump’s second son, Eric Trump, recently stated, "Stop betting on the decline of Bitcoin and Ether, or you will be crushed." #特朗普允许401(k)投资加密货币#

Do you think BTC, ETH, SOL will rise or be bearish in the long term?
In the long term, BTC, ETH, and SOL are generally bullish, but there are significant differences in certainty and potential:
BTC: bullish is the most stable. The consensus of "digital gold" is solid, institutional allocation continues, and the anti-inflation properties are more prominent during the loose monetary period, with scarcity being the core support.
ETH: The bullish certainty is high, and its potential may surpass BTC. The Web3 ecological moat is extremely deep ( DeFi, NFT, etc. ). After transitioning to POS, the eco

Japan's largest banking group SBI Holdings has officially submitted an application to the Financial Services Agency of Japan to launch two new Spot ETFs:
BTC +XRP ETF
A cryptocurrency ETF that directly tracks the prices of BTC and XRP. Investors can purchase a fund to simultaneously allocate to two types of crypto assets. #加密IPO热潮#

The total open interest of 64 Ethereum reserve strategy companies has surpassed 3 million ETH.
According to a report by Golden Finance, data from StrategicETHReserve shows that as of now, the total ETH holdings of 64 Ethereum reserve strategy companies with holdings of over 100 ETH has surpassed 3 million ETH, currently reaching about 3.04 million, worth approximately $10.87 billion, accounting for about 2.52% of the total ETH supply. The data indicates that at this stage, there are 9 institutions with ETH holdings exceeding 100,000, with the top three being Bitmine (831,000 ETH), SharpLink Ga

Metamask plans to collaborate with Stripe to issue the stablecoin "Metamask USD"
Golden Finance reports that according to governance proposals, MetaMask plans to collaborate with Stripe to launch a stablecoin named "MetaMask USD (mmUSD)". This stablecoin will be issued by Stripe but will utilize the "M^0" network for off-chain issuance and settlement.
This stablecoin will be built as a core asset of the MetaMask ecosystem and natively integrated into various services of MetaMask. Currently, neither MetaMask nor Stripe has provided official confirmation, and specific details regarding the struc

Data: The total market capitalization of Mantle ecosystem stablecoins increased by 22.85% in 7 days, reaching 653.51 million USD.
According to a report by Jinse Finance and monitored by Lookonchain, the inflow of funds into the Mantle network has significantly increased over the past 7 days, with its total market capitalization of stablecoins growing by 22.85%, reaching $653.51 million. At the same time, Mantle has been included in the strategic ETH reserves, contributing 101,867 ETH, worth approximately $388 million. With the positive impact of fund inflow and ecological development, the pric

OpenMind, a smart machine infrastructure company, has completed a $20 million financing round led by Pantera Capital.
Foresight News reported that the intelligent machine infrastructure company OpenMind has completed a $20 million financing round, led by Pantera Capital, with participation from multiple institutions including Ribbit, Sequoia China, a certain exchange, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and Amber Group, as well as several well-known angel investors. The funds raised will be used to expand the engineering team and collaborate wit

CoinShares: Last week, digital asset investment products saw outflows of $223 million.
Golden Finance reported that CoinShares' latest report shows that last week saw the first outflow of funds from digital assets in 15 weeks, with a total outflow amounting to $223 million by the end of this week. The week started strong, with inflows reaching $883 million, but this trend reversed in the latter half of the week, possibly triggered by the hawkish FOMC meeting and a series of better-than-expected U.S. economic data.
Bitcoin saw an outflow of $404 million this week. Nevertheless, the year-to-date

Is the token unlock a warning for a Rug Pull? Is it a fund unlocking season or a buy the dip carnival?
This week, several "big shots" in the blockchain circle will have their tokens unlocked: including projects like ENA, IMX, MOVE, SPEC, EIGEN, RENDER, etc., which will successively release a large number of tokens. Many people are refreshing their wallet addresses, fearing that once the old shareholders hit the "send" button, the market will tremble violently -- after all, in the past year, the ratio of unlocking to market crashes has been comparable to the mysticism of the coin circle.
But do

Hong Kong RWA sign up platform will be launched on August 7.
According to Foresight News and the Science and Technology Innovation Board Daily, the Hong Kong RWA sign up platform will be launched on August 7, initiated by the Hong Kong Web3.0 Standardization Association, which will establish a comprehensive service system for the digitization, assetization, and financialization of RWA asset tokenization. #白宫加密报告发布# #以太坊十周年#

Maji Brother Huang Licheng first increased the position and then cut loss, leaving the remaining position with unrealized losses expanding to about 18.5 million dollars.
Foresight News reports that according to @ai_9684xtpa's monitoring, from 12 AM (UTC+8) to 4 AM (UTC+8) today, when the market quickly fell, Ma Ji Lao Ge made a small increase in the position for ETH, HYPE, and PUMP, and chose to cut loss after a brief rebound at 5 AM (UTC+8) when it dropped again. The remaining position's unrealized losses have expanded to about 18.5 million USD. Currently, the total remaining value of his pos