The U.S. Treasury Department Calls for Public Comment on Cryptocurrency Illegal Activity
On August 19th, the U.S. Treasury is soliciting public comments in order to understand how financial institutions should combat illegal activities related to cryptocurrency. This comes after last month's landmark stablecoin legislation was enacted into law.
On Monday, the U.S. Treasury issued a request for comments on "innovative approaches to detecting illicit activities involving digital assets." The notice stated that this new law, known as the "Guidance and Examination of the United States Stablecoin National Innovation in Use of Strategic Plans Act" (GENIUS), directs the Treasury to inquire about issues such as application programming interfaces (APIs), artificial intelligence, digital identity verification, and the use of blockchain technology.
U.S. Treasury Secretary Yellen said on Monday, "Stablecoins will expand global USD channels by tens of billions of dollars, and the demand for U.S. Treasury bonds supporting stablecoins will surge. This is a triple win situation for all
1 hours ago
Trump: Expects a solution today, resolution may include security measures
On August 19th, President Trump of the US stated that Russia has agreed to accept security assurances, and we will consider who is responsible for what. I am optimistic that we will reach an agreement together to prevent aggression against Ukraine. We also need to discuss possible territorial exchange matters.
Only Zelensky and Ukraine have the power to make decisions. As we strive to achieve lasting peace, we all prefer an immediate ceasefire. So far, this has not occurred. A final peace agreement is achievable and can be reached soon. It is believed that a solution will be reached today, and the resolution may include security measures.
1 hours ago
The SEC Delays Decision on Multiple Cryptocurrency ETFs
On August 19th, the U.S. Securities and Exchange Commission (SEC) postponed the approval decision regarding the Bitcoin and Ethereum ETF applications submitted by Trump Media & Technology Group's social media platform, Truth Social.
According to a filing made on Monday, the SEC has extended the deadline for the approval of the Truth Social ETF to October 8th. This is part of its standard procedure for reviewing dozens of cryptocurrency ETF proposals.
Also postponed on the same day are the approval decisions for the CoinShares Litecoin ETF, CoinShares Ripple ETF, and 21Shares Ripple ETF, with the decision deadlines all being pushed back to late October. The SEC stated in the filing: "The Commission deems it appropriate to set a longer period within which to issue an order approving or disapproving the proposed rule change in order to have sufficient time to consider the proposed rule change and the issues raised."
1 hours ago
Loom Capital's associated address has deposited 13,000 ETH into Binance in the past 3 days
On August 19th, as monitored by Onchain Lens, an address linked to Longling Capital transferred 5,000 ETH (approximately $21.73 million) to Binance for sale.
During the past 3 days, this wallet has made a total deposit of 13,000 ETH (approximately $53.38 million) into Binance.
Currently, the wallet still retains 74,090 ETH (approximately $322.6 million).
1 hours ago
Coinbase International Launches MNT, RSR, SUPER Perpetual Contracts
On August 19th, according to official information, Coinbase Pro has declared the listing of MNT, RSR, and SUPER perpetual contracts on its international platform. Trading is set to commence at 9:30 AM on August 21st, 2025 in UTC time.
1 hours ago
The U.S.-based Bitcoin mining firm TeraWulf is planning to raise $400 million to expand its data center business.
On August 19th, the U.S.-listed Bitcoin mining firm TeraWulf (with the stock code: WULF) declared its intention to raise $400 million through a private placement of convertible senior notes. This fundraising move took place as its AI cloud service customer, Fluidstack, decided to increase its leasing of 160 megawatts of power capacity at the Lake Mariner campus in New York State.
According to a statement issued on Monday, these convertible notes encompass a $60 million over-allotment option granted to the initial buyers, and the funds will be utilized for covered call options trading and the expansion of the non-mining data center business. The notes are unsecured senior notes and will accrue interest semi-annually starting from March 1, 2026, and mature on September 1, 2031. Upon obtaining shareholder approval, TeraWulf has the option to settle conversions in cash, stock, or a combination thereof. This financing represents TeraWulf's accelerated entry into the high-performance comput
1 hours ago