According to PANews, the Qubic team recently conducted an experiment to test the Proof of Work (PoW) protocol. The team, led by founder Come-from-Beyond, is among the few capable of performing such experiments due to their unique architecture and expertise. Qubic emphasized that the experiment did not harm the Monero network, reverse transactions, or affect prices. The team believes this experience will enhance the resilience of the Monero network and increase awareness of potential risks in the cryptocurrency sector. The impact is considered temporary and aims to contribute to the overall development of the industry. Previously, Monero faced a network takeover attempt by the Qubic mining pool, which sparked strong opposition from the community. There were also claims that the Qubic mining pool might have successfully launched a 51% attack on Monero, theoretically allowing them to rewrite transactions.

Golden Finance has launched the 2784th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

The rally has reignited investor optimism, with analysts pointing to even higher targets in the months ahead. source: https://coindoo.com/ethereum-climbs-to-4600-bulls-eye-a-fresh-all-time-high/

Long-term confidence and Pectra-improved network capabilities are driving Ethereum's rally. source: https://cryptopotato.com/ethereums-next-stop-5210-or-6946-analyst-lays-out-the-path/

According to PANews, a recent filing with the U.S. Securities and Exchange Commission (SEC) indicates that Circle (CRCL.N) plans to issue 10 million shares of stock. The filing details that the company itself will offer 2 million shares, while existing shareholders will sell 8 million shares.

Ethereum rallied 6. 31% to $4,515 following BitMine's announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum's total supply. The post BitMine Files to Raise Ethereum Purchase Plan to $24. source: https://www.coinspeaker.com/bitmine-files-to-raise-ethereum-purchase-plan-to-24-5-billion-will-eth-price-rally-hit-5k/

U. S. debt hits $37 trillion, raising alarm for financial stability and economic policy challenges. source: https://coincu.com/354442-us-debt-surpasses-37-trillion

XRP has recently experienced fluctuations in its price, with a slight decline over the last few days. However, the cryptocurrency remains positioned near significant resistance levels, with whales actively accumulating XRP despite signs of a potential market top. The prospect of a rise to the all-time high (ATH) remains strong, although the market’s current conditions could create challenges for further gains. XRP Investors Remain Bullish XRP is currently facing a potential market top, with over 95% of its circulating supply in profits source: https://beincrypto.com/xrp-whales-accumulation-may-drive-price-to-ath/

The affluent Seoul district of Gangnam is ramping up its crypto confiscation initiative for tax evaders, seizing 340 million won ($244,796) since the end of last year. source: https://cryptonews.com/news/seouls-gangnam-district-targets-tax-evaders-in-revamped-crypto-confiscation-drive/

According to PANews, Stripe has appointed Matt Huang, co-founder and managing partner of Paradigm, as the first CEO of its new blockchain project, Tempo. Huang will continue his role at Paradigm while leading Tempo, which is designed as a high-performance Layer-1 blockchain focused on the payments sector and compatible with Ethereum code. Recently, Stripe acquired stablecoin company Bridge and wallet service provider Privy to enhance its stablecoin business technology stack. It remains unclear whether Tempo will issue its own token, and the project's launch date has not been disclosed. Previously, it was reported that Stripe and Paradigm are collaborating on the development of the Tempo blockchain.

According to PANews, on August 12, the U.S. national debt exceeded $37 trillion for the first time as the federal government continues to accumulate debt at a record pace. The latest data from the U.S. Treasury Department indicates that by the afternoon of that day, the total national debt had reached $37,004,817,625,842. Maya MacGuineas, chair of the Committee for a Responsible Federal Budget, commented on the situation, stating that the U.S. fiscal condition is severely imbalanced, and Congress is exacerbating the issue.

An industry giant with total assets of nearly 800 billion yuan has officially joined the stablecoin race. The founder personally led the team to meet with two of Hong Kong's top financial officials within one day.

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.

On Monday, August 11, 2025, the Qubic protocol successfully completed its attempt to take control of the Monero network, making history.

The supply dynamics, ecosystem, and on-chain impact of ETH treasury companies.

Monero, Monero 51% Attack: A $300 million takeover of $6 billion technical verification? Golden Finance, Is Qubic an enemy or a new ally?

Stock tokenization is becoming the best narrative for the integration of TradFi and Web3 in 2025.

Recommended reading for this evening: 1. From clinging to Trump to shilling for the rich: How do ALT5 and WLFI play the capital game? 2. Bitmine's stock price surges again: What are the risks? 3. A blunt question: Is Ethereum still worth chasing?

This approach will not increase the company's debt burden, but it will dilute the holdings of existing shareholders. If the stock price weakens due to a market downturn or ETH price fluctuations, the company's ability to raise funds through additional issuance will be greatly reduced.

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