[Coin World] According to reports, Nasdaq-listed digital asset management firm Galaxy Digital has announced that it will become the SUI asset manager for Mill City and has participated in the latter's $450 million private sale financing to launch its SUI treasury strategy. It is reported that Galaxy will also provide liquidity and SUI staking strategies.

[Coin World] According to reports, WiseBee, an artificial intelligence cybersecurity platform provider headquartered in New York, has announced the completion of a $2.5 million seed round financing, led by Frontline Ventures and BrightCap Ventures. The company intends to use the funds to expand its artificial intelligence network defense platform. This round of financing also received support from strategic advisors, including Chief Information Security Officers and engineers from SecurityScorecard, VMWare, Box, Amazon, Deloitte, Verizon, and Google.

[比推] The People's Bank of China, the Ministry of Industry and Information Technology, and six other departments jointly issued the "Guiding Opinions on Financial Support for New Industrialization," encouraging financial institutions to utilize Blockchain, big data, artificial intelligence, and other technologies to simplify business procedures and enhance service efficiency for the manufacturing industry, especially for small and medium-sized enterprises. The opinions support the construction of digital infrastructure such as 5G and industrial internet, broaden financing channels, promote banks to create a digital industrial Financial Service platform, achieve "one-stop" Financial Service, and optimize the accessibility of financing for small and micro enterprises.

[Block Rhythm] On August 8th, according to data from the market data platform, A-shares and Hong Kong stocks related to Digital Money and stablecoins experienced a broad rise today, among which:
China Renaissance Holdings (01911.HK) rose 19.39%;
Future Data Group (08229.HK) rise 12.16%;
XINHUA Technology Holdings (01611.HK) rise 8.12%;
Jinyong Investment (01328.HK) rise 12.5%;
Blue Ocean Interactive (08267.HK) rise 8.62%.

【Coin World】Visa's CEO stated that Crypto Assets will thrive like "e-commerce in the 1990s," and we may witness "mass adoption" in the next decade. It's coming.

On August 8, according to data from the data platform, the current exit queue of the Ethereum PoS network reports 445,845 ETH, valued at approximately 1.75 billion USD, with a recent peak of 744,000 ETH and an exit waiting time of about 7 days and 18 hours.
Meanwhile, approximately 39,370 ETH are queued to join the network, worth about 150 million USD, which is a significant decrease from the recent peak of 435,000 ETH. The expected activation delay is about 16 hours and 24 minutes.

[Coin World] Biotechnology innovation company Equillium announced a strategic expansion by integrating its Crypto Assets reserve strategy as part of its broader financial and growth objectives. Equillium's CEO Bruce Steel stated: "We are actively evaluating the strategic options for the company, and I am pleased to announce that we have incorporated Digital Money into our financial strategy to fully leverage its diversification, Liquidity, and long-term capital appreciation potential." "After a thorough review of the industry, the board and I unanimously agree that enhancing this strategy is in the best interest of our shareholders, and we have accordingly updated our financial investment policy. We look forward to providing more updates on this strategy in the third quarter of 2025."

Enterprise-grade digital asset tax and accounting Compliance platform Taxbit collaborates with Mural Pay to launch a payment module that allows companies to integrate stablecoin payments, optimize financial reporting and tax filing, and enhance customer invoice processing capabilities.

In the podcast interview released by Bankless last night, Ethereum co-founder Vitalik expressed his views on "the impact of ETH reserves on Ethereum," stating, "ETH as an asset that companies can hold is good and valuable, and providing more options is a positive thing." However, he also issued a warning: "If you wake me up three years from now and tell me that sovereign debt has caused the collapse of ETH, my guess is that they have turned into an overly leveraged game."

[Coin World] DefiLlama officially stated that Perp DEX's trading volume exceeded 400 billion USD for the first time in July, setting a historical record, which is an increase of over 100 billion USD compared to before.

[Coin World] According to monitoring, a certain Multi-signature Wallet of Pendle transferred 900,000 PENDLE to a certain platform about 30 minutes ago, valued at 4.65 million dollars.

[Chain News] On August 8, news came that a general partner and research director of an investment institution stated on a social platform that this week their team, in conjunction with several institutions, expressed their opinions in a letter regarding the cryptocurrency market structure legislative draft released by the Senate Banking Committee. On the key issue of token securities regulation, the Senate draft differs from the "CLARITY Act" that has been passed by the House of Representatives. The investment institution believes that the Senate's "ancillary assets" proposal is more favorable for the crypto industry. Although both pieces of legislation are superior to the "howey test" system, which is difficult to apply and brings about adverse incentives, the Senate draft is more concise and avoids the rigid framework that decentralized tokens and protocols must adapt to. It prevents abuse through exclusion clauses, meaning that assets with specific financial rights do not constitute ancillary assets.

Bitcoin Satoshi Vision (BSV) holders have filed a $12 billion claim against major crypto assets exchanges, claiming that the delisting in 2019 affected the price. A previous appeal was dismissed, and they are now seeking permission to appeal to the UK Supreme Court.

[Chain News] On August 8, it was announced that Animoca Brands and Provenance Blockchain developer ProvLabs have jointly launched the RWA trading platform NUVA. The NUVA market will utilize the existing RWA ecosystem on the Provenance Blockchain, which currently holds assets worth approximately $15.7 billion. The first two tokenized products to go live are Figure Technologies' US yielding stablecoin security YLDS and fixed interest rate home equity line of credit HELOC.
NUVA adopts a "vault" structure to simplify the participation process for investors, allowing holders of nuYLDS or nuHELOC tokens to receive returns from the corresponding underlying assets. ProvLabs CEO stated that this model can provide on-chain trading possibilities for traditional illiquid assets. Animoca co-founder pointed out,

The Perle project has completed a $9 million seed round financing, with a total financing of $17.5 million, aimed at optimizing the quality of AI training data through Blockchain technology and incentivizing users to provide high-quality feedback to enhance model performance.

Trump signed an executive order prohibiting federal agencies from blocking banking services to the encryption industry on the grounds of "reputational risk," aimed at restoring public trust in the financial system, ending the "Chokepoint 2.0" operation, and gaining support from several Republican lawmakers.

[Bitu] On-chain analysis company data shows that after Bitcoin reached a historical high of over $123,000 last month, it is showing signs of short-term consolidation or slight downside risk.
A report states: "Bitcoin has entered a bullish cooling period, with the bull market score index dropping from 80 to 60. Although the situation remains positive, the momentum has weakened."
The company's bull market scoring index is based on various on-chain metrics to measure the strength of the Bitcoin market. A score close to 100 indicates strong buying momentum and high bullish sentiment, while a score close to zero indicates significant selling pressure and a pessimistic market outlook. The index is currently at a level of 60 points, still pointing towards an overall bullish pattern, but momentum is weakening. The company stated that the decline in the index reflects both profit-taking after Bitcoin's recent historical high rebound and the seasonal slowdown of trading activity in the summer.
The company stated: "If Bitcoin

On August 7, Fed's Bostic stated that I still believe there will be a rate cut this year.

[Bitu] On-chain analysts posted on social media that the story of insider trader qwatio may have come to an end. 40 minutes ago, he got liquidated on his shorting position of ETH with his last $475,000 on a certain platform.
Over the course of six months, he won $29 million from a principal of $3 million, only to lose everything including the principal. This user, during February to March of this year, used just $3 million in principal and made several bold and aggressive operations while betting on the right direction, quickly making profits.

Ark of Panda recently launched an ecological partner recruitment program aimed at supporting outstanding projects through precise traffic and user interaction. The initiative includes various promotion forms that will enhance collaboration and competitiveness among Web3 projects, having reached preliminary cooperation with over 20 projects and secured an investment of $4.5 million.