Summary: What new allegations have been made against Fenwick & West by FTX Customers? Plaintiffs claim Fenwick & West knowingly aided the FTX fraud by managing conflicted companies and helping hide billions in stolen funds. Evidence from trials and investigations shows the firm was involved in nearly every part of the fraudulent scheme. This has led to calls for updating the lawsuit to hold them accountable. Customers of the now-defunct crypto exchange FTX have moved to amend their lawsuit against law firm Fenwick & West, citing new evidence that implicates the firm in the exchange’s collapse source: https://news.shib.io/2025/08/12/ftx-customers-claim-law-firm-helped-hide-billions-in-fraud-scheme/

Summary: What is Senator Elizabeth Warren’s position on the CLARITY Act and crypto regulation? Senator Warren supports stronger cryptocurrency regulation but opposes laws influenced by the crypto industry that could increase corruption. She warns that the current framework is too weak and risks harming the economy. Warren plans to challenge the CLARITY Act because she believes it doesn’t provide enough protection for consumers or the market. Senator Elizabeth Warren, a prominent critic of the cryptocurrency industry, has signaled her intent to push back against the current regulatory framework, reaffirming her call for tighter oversight source: https://news.shib.io/2025/08/12/elizabeth-warren-threatens-crypto-shakeup-as-us-senate-eyes-clarity-act/

Summary: Why is Elon Musk threatening legal action Apple over its App Store rankings? Elon Musk claims Apple unfairly favors OpenAI by blocking other AI competitors like xAI’s Grok from reaching top spots in the App Store. He argues this limits user choice and may violate antitrust laws. Musk is pushing for greater visibility of his AI products on Apple’s platform to ensure a level playing field. Elon Musk, founder and CEO of AI firm xAI, has threatened legal action against Apple, alleging that the company’s App Store unfairly limits AI competitors, excluding OpenAI, from achieving top rankings, accusing Apple The post Elon Musk Threatens Legal Action Over Alleged AI Favoritism in App Store first appeared on The Shib Daily source: https://news.shib.io/2025/08/12/elon-musk-threatens-legal-action-over-alleged-ai-favoritism-in-app-store/

Summary: ​​What vulnerability did Israeli firm Zenity discover in ChatGPT? Zenity uncovered a “Zero Click” vulnerability that lets hackers take over ChatGPT accounts using only the user’s email address. Attackers can access past and current chats, change conversation goals, and manipulate the AI without the user’s knowledge. This raises serious concerns about data privacy and security. Israeli cybersecurity firm Zenity has uncovered a vulnerability in ChatGPT that allows attackers to access accounts and extract sensitive data without any user interaction, such as clicking links or opening files source: https://news.shib.io/2025/08/12/israeli-firm-zenity-uncovers-zero-click-hack-that-could-hijack-chatgpt/

Key points: Crypto trading can feel like a wild rollercoaster, exciting but sometimes confusing, especially for newbies. Luckily, AI is stepping in as the ultimate trading sidekick, making this fast-paced world a bit easier to navigate. From crunching mountains of data to spotting trends faster than you can say “bull run,” AI is changing the game for everyone, not just the pros. Even if you’re just dipping your toes into crypto trading, AI tools can help you trade smarter without needing a PhD in computer science source: https://news.shib.io/2025/08/12/7-easy-ways-to-use-ai-for-smarter-crypto-trading/

Circle Internet Group's second-quarter results show strong growth in USDC circulation and revenue, despite a net loss due to IPO-related charges. source: https://tokenist.com/circle-internet-groups-q2-results-show-strong-usdc-growth/?utm_source=rss&utm_medium=rss&utm_campaign=circle-internet-groups-q2-results-show-strong-usdc-growth

Perpetual trading DEX Extended has gone live on Starknet, offering more than 50 pairs and up to 100x leverage. source: https://www.theblock.co/post/366529/ex-revolut-team-perp-dex-extended-live-on-starknet?utm_source=rss&utm_medium=rss

According to Cointelegraph, the United States Securities and Exchange Commission (SEC) is turning its attention towards establishing a comprehensive regulatory framework for cryptocurrencies following the conclusion of a significant legal battle in the industry. The SEC and Ripple Labs have ended their nearly five-year legal dispute, with both parties agreeing to drop their appeals and cover their own legal costs, as per a filing with the Second Circuit Appeals Court last Thursday. SEC Commissioner Hester Peirce described the resolution as a "welcome development," emphasizing that the conclusion of the case allows for a shift in focus from litigation to policy creation. SEC Chair Paul Atkins echoed this sentiment, stating that the closure of this chapter provides an opportunity to concentrate on drafting a regulatory framework that encourages innovation while safeguarding investors. The legal battle began in December 2020 when the SEC accused Ripple of raising $1.3 billion through unregistered XRP securities sales. In July 2023, Judge Analisa Torres ruled that XRP was not a security when sold to retail investors but was considered a security in institutional sales. Ripple was subsequently fined $125 million in August 2024. The resolution of the case coincides with legislative efforts to advance the Digital Asset Market Clarity Act, also known as the CLARITY Act, which seeks to define the structure of digital asset markets. Republican lawmakers and the Senate Banking Committee are pushing to pass the bill by September 30, despite facing resistance from Democratic Party lawmakers. In July, prominent Democratic members of the House of Representatives announced their opposition to Republican efforts to pass what they termed "dangerous" legislation, highlighting the growing political divide. House Financial Services Committee ranking member Maxine Waters criticized the CLARITY Act and the Anti-CBDC Surveillance State Act, which aims to prevent the launch of a U.S. central bank digital currency, accusing Republicans of fast-tracking risky crypto legislation through Congress.

Terraform Labs co-founder Do Kwon is expected to plead guilty in a U. S. criminal case over the $40 billion collapse of the TerraUSD stablecoin in 2022. source: https://www.cryptopolitan.com/kwon-set-for-guilty-plea-in-fraud-case/

مؤشر القوة النسبية (RSI) ليس مجرد خط يتأرجح على الرسم البياني، بل هو بوصلة المحترفين لقياس سرعة وتغير حركة الأسعار، مما يتيح لهم تحديد نقاط الانعكاس المحتملة بدقة عالية. يكشف هذا التقرير المفصل عن أسرار مؤشر RSI، بدءاً من فهم مكوناته الأساسية وصولاً إلى تطبيق استراتيجية تداول متقدمة تجمع بين قوة المؤشر وتحليل الاتجاه وإدارة … source: https://btcacademy.online/%d8%af%d9%84%d9%8a%d9%84-%d8%b4%d8%a7%d9%85%d9%84-%d9%84%d9%81%d9%87%d9%85-%d9%88%d8%aa%d8%b7%d8%a8%d9%8a%d9%82-%d9%85%d8%a4%d8%b4%d8%b1-%d8%a7%d9%84%d9%82%d9%88%d8%a9-%d8%a7%d9%84%d9%86%d8%b3%d8%a8/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25af%25d9%2584%25d9%258a%25d9%2584-%25d8%25b4%25d8%25a7%25d9%2585%25d9%2584-%25d9%2584%25d9%2581%25d9%2587%25d9%2585-%25d9%2588%25d8%25aa%25d8%25b7%25d8%25a8%25d9%258a%25d9%2582-%25d9%2585%25d8%25a4%25d8%25b4%25d8%25b1-%25d8%25a7%25d9%2584%25d9%2582%25d9%2588%25d8%25a9-%25d8%25a7%25d9%2584%25d9%2586%25d8%25b3%25d8%25a8

In a candid post, Li revealed that he has been frequently mocked by netizens over his decision to become a Singapore citizen in 2009.

Pudgy Penguins’ PENGU token won a trading contest on Kraken, leading to its mascot being featured on Williams Racing’s F1 car at the Singapore Grand Prix. The token has seen strong recent growth and expanded listings, boosting its profile in both the crypto and motorsport communities.

When on-chain indicators show significant improvement, it often means that market expectations have been fully priced in and the market may be coming to an end.

Hong Kong, stablecoin, Hong Kong RWA in-depth analysis: FAQ answers from the front line Golden Finance, Hong Kong RWA is a very new field.

Metaplanet bought 518 more bitcoins for about $61.4 million, bringing its total holdings to 18,113 BTC. The company uses creative financing methods to keep buying and aims to hold 210,000 BTC by 2027.

Ethereum co-founder Vitalik Buterin’s on-chain portfolio has surged past the $1 billion mark, fueled by Ether’s recent price rally, according to blockchain intelligence firm Arkham.

Who will become the customers of the Hong Kong dollar stablecoin? Where will the Hong Kong dollar stablecoin be used? How can it be quickly promoted?

What is ALT5 Sigma Corporation's main business? What are the benefits of combining ALT5 Sigma Corporation with WLFI? Who else has announced plans to invest in WLFI's treasury reserves?

What is Ethereum’s future vision, and how can we ensure it is effectively executed?

Apple co-founder Steve Wozniak is accusing Youtube of turning a blind eye to scammers who has been leveraging on the social media platform to perform Bitcoin scams.