According to PANews, Ethereum co-founder Joseph Lubin expressed agreement with Bitmine Chairman Tom Lee's perspective on the X platform, stating that Wall Street will engage in ETH staking due to their current infrastructure costs. Lubin highlighted that Ethereum is poised to replace numerous isolated stacks operated by financial giants like JPMorgan Chase, which manages multiple isolated stacks from its acquisitions over the years. He emphasized the need for Wall Street to fully understand Ethereum's rules, as the financial landscape is evolving. Lubin suggested that traditional financial companies must adapt to decentralized operations, which involves staking, running validators, operating L2/L3 solutions, participating in DeFi, and developing smart contract software for protocols, processes, and financial tools. For JPMorgan Chase, this transition is expected to be relatively smooth, given their exploration and use of Ethereum technology to build private blockchain networks since 2014-2015. Many other financial institutions also possess extensive Ethereum experience. Lubin predicted that ETH's price could potentially increase by 100 times or more, with Ethereum/ETH set to disrupt Bitcoin/BTC's monetary foundation.

According to PANews, the NFT market witnessed a decrease in trading volume over the past week, dropping by 8.53% to $129.6 million, as reported by Crypto.news. Despite the decline in trading volume, the number of NFT buyers increased by 18.06% to 541,831, while sellers grew by 17.05% to 385,179. Additionally, the number of NFT transactions rose by 11.96%, reaching 1,814,788. In terms of network-specific trading volumes, Ethereum recorded $54.5 million, marking an 8.24% decrease from the previous week. Polygon's trading volume increased by 16.12% to $18.9 million. BNB Chain experienced a significant drop of 34.77%, with a trading volume of $13.4 million. Mythos Chain saw a rise of 4.71%, reaching $10.2 million, while Bitcoin's trading volume fell by 30.28% to $7.7 million. High-value transactions during the week included several CryptoPunks sales: CryptoPunks #4619 sold for 96 ETH ($446,764), CryptoPunks #2400 for 73.5 ETH ($324,076), CryptoPunks #5273 for 65 ETH ($283,399), CryptoPunks #1721 for 60 ETH ($274,171), and CryptoPunks #6373 for 55 ETH ($261,046).

According to BlockBeats On-chain Detection, a newly created wallet has received 230,420 SOL tokens, valued at $46.36 million, from a centralized exchange (CEX). The wallet subsequently staked the SOL tokens.

According to PANews, a Florida man, previously sentenced to 47 years in prison for orchestrating a series of violent home invasions targeting cryptocurrency holders, has received an additional six-year sentence. The U.S. Department of Justice reported that the new sentence was imposed last week due to the man's assault on a witness. The original conviction occurred in September of last year.

US and Dutch law enforcement shut down VerifTools, a major fake ID marketplace operating with cryptocurrency. source: https://coincu.com/358958-fake-id-marketplace-shutdown

VerifTools, a counterfeit ID marketplace, dismantled by FBI and Dutch police using cryptocurrencies. source: https://coincu.com/358956-dismantling-fake-id-marketplace-veriftools

On Aug 31, 2025, 00:39 AM(UTC). According to Binance Market Data, Ethereum has crossed the 4,400 USDT benchmark and is now trading at 4,400.259766 USDT, with a narrowed 1.39% increase in 24 hours.

On Aug 31, 2025, 00:39 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 109,000 USDT benchmark and is now trading at 109,008.992188 USDT, with a narrowed 0.72% increase in 24 hours.

Cryptowzrd, in a fresh update on Bitcoin’s daily technical outlook, noted that the market closed bearish, leaving room for further downside. A decisive close below the $110,500 support could mark a key shift, making lower levels worth watching. Daily Candle Signals Bearish Pressure For Bitcoin Cryptowzrd expanded on his outlook by pointing out that Bitcoin’s daily candle closed bearish, with price now trading beneath the $110,500 support zone. This breakdown is significant and could invite further selling pressure in the sessions ahead if buyers fail to reclaim the level source: https://www.newsbtc.com/news/bitcoin/bitcoin-daily-close-spurs-caution/

According to PANews, Dutch and U.S. law enforcement agencies have dismantled the online fake ID marketplace VerifTools, which sold counterfeit documents for as low as $9 in cryptocurrency. The operation resulted in the seizure of 23 servers. The FBI reported that the platform generated approximately $6.4 million in revenue. Dutch authorities estimated VerifTools' annual turnover at around €1.3 million (approximately $1.5 million), making it one of the largest providers of fake identification documents globally. The platform operated by requiring users to upload passport photos and input false data, which the site operators then used to create fake IDs. FBI agents successfully ordered a fake New Mexico driver's license and paid for it using cryptocurrency, although the specific type of cryptocurrency used remains unidentified.

Industry leaders such as Eric Trump, CZ, Arthur Hayes, and the founder of Uniswap shared their views on the current and future of the crypto market at conferences in Tokyo and Hong Kong from August 25th to August 29th.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry trends.

On August 27, at the Hong Kong Crypto Finance Forum held at the University of Hong Kong, CZ's speech was blunt and explicit, criticizing Hong Kong's Web3 policies.

Berkshire Hathaway's second-quarter holdings have been made public. The overall structure remains unchanged, with a still-high 52.74% in cash and only 47.26% in stocks.

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Eleven years ago, on August 28, 2014, a cryptographer named Hal Finney passed away.

Whatever the outcome, the precedent has been set: the U.S. government is no longer just a regulator of high technology; it is becoming an active market participant.

A report from Capital Economics suggests that the valuation premium investors are currently paying for U.S. stocks is largely justified.

BTC, market, crypto market, "Hell September" is coming: Bitcoin is facing its cruelest month. Golden Finance, looking back at the entire August, the cryptocurrency market was once in a frenzy.

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.