Golden Finance has launched the 2801st issue of "Golden Morning 8", a morning newspaper for the cryptocurrency and blockchain industry, providing you with the latest and fastest digital currency and blockchain industry news.

According to PANews, U.S. District Court Judge William Alsup has sentenced former Cred LLC CEO Daniel Schatt and CFO Joseph Podulka to federal prison terms of 52 months and 36 months, respectively, for conspiracy to commit wire fraud. In addition to imprisonment, Judge Alsup ordered both Schatt and Podulka to serve three years of supervised release and pay fines of $25,000 each. The defendants are scheduled to begin their sentences on October 28, 2025, with a restitution hearing set for October 7, 2025. Under their plea agreements, Schatt and Podulka admitted to conspiring to provide incomplete and misleadingly positive descriptions of Cred's business operations, failing to disclose significant negative information about the challenges and risks faced by Cred. These omissions were detrimental to Cred's customers. Cred filed for bankruptcy on November 7, 2020, with over 6,000 claims from customers and investors totaling more than $140 million. According to the government's sentencing memorandum, the total claims exceeded $1 billion when calculated using the August 2025 valuation of the various cryptocurrencies involved.

According to BlockBeats, Nasdaq-listed company Verb Technology will change its name to TON Strategy Company on September 2. Concurrently, the company's Nasdaq stock ticker will be updated from VERB to TONX.

According to BlockBeats, recent data from HyperInsight reveals substantial losses for several well-known traders and whale addresses due to the decline in ETH prices. A notable whale address, 0xa523. . source: https://www.binance.com/en/square/post/28994571765361?utm_source=BinanceNewsRSS

According to BlockBeats, recent data from HyperInsight reveals substantial losses for several well-known traders and whale addresses due to the decline in ETH prices. A notable whale address, 0xa523...75aa, opened a 15x ETH long position at $4,534, repeatedly increasing its holdings to lower the liquidation price. The current position size is $247 million, with an unrealized loss of $14.77 million and a liquidation price of $4,181. Additionally, Huang Licheng, known as "Brother Machi," continues to hold ETH and HYPE long positions. His ETH holdings amount to $121 million, with an opening price of $4,512 and a liquidation price of $3,244.44, resulting in a current unrealized loss of $6.42 million. His HYPE position is valued at $17.82 million, with an unrealized loss of $797,800. Other traders under scrutiny include James Wynn, who previously faced a $100 million liquidation, "Insider Trader" @qwatio, and AguilaTrades, all of whom have exited the market after losing their principal during this downturn. Currently, only the whale known for "rolling long ETH" remains active, holding a $993,600 25x ETH long position with an unrealized loss of $17,600 and a liquidation price of $4,247.39.

الرؤى الرئيسية: لقد كان أسبوعًا مثيرًا للاهتمام بالنسبة لحركة أسعار Cronos، التي ارتفع سعرها بنسبة تصل إلى 150% خلال الأيام الثلاثة الماضية. فقد حظيت العملة الرقمية بتأييد الثيران بفضل التطور الكبير الذي أُعلن عنه مؤخرًا. بدأ ارتفاع سعر CRO بعد أن أعلنت مجموعة Trump Media Group عن صندوق بقيمة 6. 4 مليار دولار لبناء خزينة Cronos source: https://www.thecoinrepublic.com/ar/2025/08/29/%d8%a7%d8%b1%d8%aa%d9%81%d8%a7%d8%b9-%d9%85%d8%b9%d8%af%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%a7%d9%84%d8%b3%d8%a7%d9%84%d8%a8-%d9%84%d9%83%d8%b1%d9%88%d9%86%d9%88%d8%b3/

According to PANews, official data reveals that Circle issued approximately $8.4 billion USDC and redeemed around $4.9 billion USDC in the week ending August 28. This activity resulted in a net increase of about $3.5 billion in USDC circulation. The total circulation of USDC now stands at 70.5 billion, with reserves amounting to approximately $70.6 billion. These reserves include around $10.4 billion in cash and $60.2 billion held in the Circle Reserve Fund.

According to PANews, official data reveals that Circle issued approximately $8. 4 billion USDC and redeemed around $4. 9 billion USDC in the week ending August 28. This activity resulted in a net increase of about $3 source: https://www.binance.com/en/square/post/28993955995306?utm_source=BinanceNewsRSS

The sharp correction dragged the total crypto market capitalization down to $3. 74 trillion after a 3. source: https://coindoo.com/crypto-bloodbath-bitcoin-crashes-below-108000-as-altcoins-follow/

Zhao Changpeng urges Hong Kong to adopt a Japan-like model for digital assets. source: https://coincu.com/358772-hong-kong-crypto-regulations-flexibility

The GENIUS Act seems like a promising start to the Trump administration's pro-crypto endeavours, but is it enough to buck a trend source: https://www.blockhead.co/2025/08/30/genius-act-the-us-dollars-smoking-gun-in-the-de-dollarization-war/

A crypto project deeply tied to the family of US President Trump is preparing to launch its tokens valued at over $40 billion (about 280 billion yuan) on the public market.

The paper mainly introduces the development history, working principles and advantages of prediction markets compared with traditional polls, and demonstrates the successful application of prediction markets in actual predictions through the example of the 2024 US presidential election.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

WLFI, WLFI is about to launch, and early investors are raking in 20-fold returns. Is the launch the peak, or will the legendary surge continue? Golden Finance, this article provides a detailed understanding of WLFI and the underlying strategy.

As the value chain shifts its focus to distribution, the differentiation of stablecoins will rely more on services and brands.

The U.S. Commerce Department has begun publishing official economic statistics directly to a public blockchain, describing the move as part of a new initiative to improve transparency and data security.

ChainLink, what is going on with the US government putting GDP data on the chain? Golden Finance, one is Hash, the other is Feed.

Hyperliquid has become the leading decentralized perpetual swap exchange over the past year, surpassing competitors in both performance and market share.

US banks processed $312 billion in suspicious transactions linked to Chinese money laundering networks between 2020 and 2024. Despite regulatory focus on crypto, most illicit funds still move through traditional banks, not digital platforms.