OKX market data shows that SOL has fallen below 200 USDT, currently trading at 199.99 USDT, a 24-hour drop of 1.66%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 110,000 USDT, currently trading at 109,983.5 USDT, a 24-hour drop of 0.6%. (This newsletter was generated with AI assistance)

OKX market data shows that WLFI rose to 0.24 USDT, with a daily increase of 10.5%, and is currently quoted at 0.238 USDT.

On September 5, the U.S. Securities and Exchange Commission (SEC) announced the establishment of a Cross-Border Task Force to strengthen enforcement efforts to identify and combat cross-border fraudulent practices that harm U.S. investors. The task force will prioritize investigations into suspected violations of U.S. securities laws by foreign companies, including potential market manipulation practices such as pump-and-dump and ramp-and-dump. It will also focus on the gatekeepers that facilitate these companies' access to U.S. capital markets, particularly auditors and underwriters. The task force will also examine potential securities violations by companies from certain jurisdictions, including China, where government control and other factors pose unique risks to investors. SEC Chairman Paul S. Atkins stated that while the SEC welcomes global companies to the U.S. capital markets, it will not tolerate any company, intermediary, gatekeeper, or trader exploiting international borders to evade U.S. investor protections. Enforcement Director Margaret A. Ryan stated that the Cross-Border Task Force will pool resources and expertise to combat international market manipulation and fraudulent practices and effectively protect U.S. investors.

Linea officially announced that its Linea Ignition liquidity incentive program will distribute 160 million LINEA tokens next week (up from a previous plan of 150 million). This includes a total of 128 million LINEA tokens distributed across USDC, USDT, and ETH in lending pools (Aave and Euler), and 32 million LINEA tokens for trading on Ethereum (including USDC/ETH, WBTC/ETH, USDT/ETH, and ETH/REX).

Michael Saylor, co-founder and executive chairman of Strategy, has seen his net worth surge by $1 billion since the beginning of the year, earning him a spot on the Bloomberg Billionaires 500 Index for the first time. Saylor, ranked 491st on the Bloomberg Billionaires Index, has an estimated net worth of $7.37 billion, a 15.80% increase since January 1st. During the same period, Strategy (MSTR) shares have risen nearly 12%, according to Google Finance. The index tracks the net worth of the world's 500 wealthiest people. About $650 million of Saylor's wealth is held in cash, with the remaining $6.72 billion held in Strategy shares. (Cointelegraph)

Tangany, a Munich-based digital asset custody service provider, announced the completion of a €10 million Series A funding round led by Baader Bank, Elevator Ventures, the venture capital arm of Raiffeisen Bank International, and Heliad Crypto Partners, the digital asset investment arm of Heliad AG, with participation from HTGF and Nauta Capital. Tangany, currently regulated by the German Federal Financial Supervisory Authority (BaFin), provides custody services to crypto trading platforms such as eToro and Bitvavo. The new funds will support its efforts to optimize European financial infrastructure.

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has announced the establishment of a special cross-border task force aimed at addressing cross-border trading fraud that affects American investors. The initial focus of this task force will be on investigating potential violations of U.S. federal securities laws by foreign companies, including possible market manipulation activities such as 'pump and dump' schemes. The task force will also concentrate on 'gatekeepers,' particularly auditors and underwriters who assist these companies in entering the U.S. capital markets. Additionally, it will review potential securities law violations related to companies in foreign jurisdictions. SEC Chairman Paul Atkins stated, "We welcome companies from around the world to enter the U.S. capital markets, but we will not tolerate any bad actors attempting to exploit international borders to obstruct and evade protections for U.S. investors, whether they are companies or intermediaries. The new special task force will strengthen the SEC's investigative efforts and enable the SEC to use all available tools to combat cross-border fraud."

According to The Data Nerd, a whale (0x1fc...AEd5) withdrew 2,329 ETH, worth approximately $10 million, from Binance an hour ago. Currently, the whale's wallet holds 7,952 ETH (worth approximately $34.2 million) and 34.3 million USDe.

This week, 18 blockchain startups raised a total of $508.7 million. AlloyX Limited secured $350 million in a mergers and acquisitions (M&A) round from Solowin, the largest round of the week.

According to BlockBeats, Tangany, a digital asset custodian regulated by BaFin, has successfully raised €10 million in a recent funding round. The investment was led by Baader Bank, Elevator Ventures, the venture capital arm of Raiffeisen Bank International, and Heliad Crypto Partners, the digital asset investment division of Heliad AG. Existing shareholders, including HTGF and Nauta Capital, also participated in the round, reaffirming their long-term support for the company.

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Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

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Hong Kong's Stablecoin Ordinance came into effect on August 1. As of the end of August, the Hong Kong Monetary Authority had received 77 applications for stablecoin issuer licenses, with applicants covering banks, technology companies, securities/asset management companies and other fields.