A four-time World Series of Poker Circuit winner and car dealer from Michigan, who claimed he was kidnapped and held in a basement in 2023, has reportedly pleaded guilty to defrauding at least 20 banks and credit unions. MLive reports that an affidavit authored by an FBI special agent accuses George Paul Janssen Jr. source: https://dailyhodl.com/2025/08/31/poker-champ-and-autodealer-scams-20-banks-and-credit-unions-for-3900000-with-phony-loan-paperwork-in-bank-fraud-scheme-report/

An Indian anti-corruption court has sentenced 14 men to life in prison for the 2018 kidnapping and extortion of a businessman over his cryptocurrency holdings. source: https://cryptonews.com/news/india-jails-14-for-life-in-crypto-extortion-case-involving-cops-ex-mla/

Trump administration establishes Strategic Bitcoin Reserve, impacting global hedge dynamics and regulatory framework. source: https://coincu.com/359006-trump-strategic-bitcoin-reserve-announcement

According to PANews, recent developments under U.S. President Donald Trump's administration have led some investors to question the status of gold as the world's preferred hedge asset. André Dragosch, Head of European Research at Bitwise Asset Management, noted that gold is most effective as a hedge when the stock market experiences a downturn, whereas Bitcoin shows greater resilience when the U.S. bond market is under pressure. Historical data and industry research support this view, indicating that gold typically rises during stock market bear phases, while Bitcoin performs better during treasury sell-offs.As of 2025, gold prices have increased by over 30%, while Bitcoin has risen approximately 16.46%. This reflects the distinct roles these assets play as investors weigh rising yields, stock market volatility, and Trump's supportive stance on cryptocurrencies.

According to PANews, the Swedish krona has emerged as the best-performing currency among the Group of Ten (G10) nations so far this year. The currency has appreciated by 17.07% against the U.S. dollar, with the current exchange rate standing at 1 USD to 9.46 SEK.

According to PANews, Japanese Bitcoin treasury company Metaplanet has experienced a significant stock price drop of 54% since mid-June. The company's stock-based 'flywheel' mechanism has failed, prompting the Tokyo-listed firm to explore alternative financing options. Metaplanet plans to raise approximately 130.3 billion yen (around 8.8 billion USD) through an overseas public stock offering. Additionally, shareholders are set to vote on Monday regarding the approval of issuing up to 555 million preferred shares, a rare investment tool in Japan, which could potentially raise up to 555 billion yen (approximately 37 billion USD).

All eyes are on the $195-$215 range as SOL goes between breakout and breakdown. source: https://ambcrypto.com/will-september-be-kind-to-solana-once-again-history-says/

On Aug 31, 2025, 08:52 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 109,000 USDT benchmark and is now trading at 109,010.742188 USDT, with a narrowed 0.38% increase in 24 hours.

XRP is currently consolidating around the price level of $2.8, indicating a period of stability and lack of significant price movement. This stagnation may be temporary, as various derivative indicators are beginning to suggest that a substantial price movement could be on the horizon, potentially signaling the next major shift in the cryptocurrency's market dynamics. Traders and investors are closely monitoring these developments, as they could lead to opportunities for profit or increased volatility in the near future. source: https://blocknews.com/xrp-consolidates-at-2-8-as-derivatives-signal-the-next-big-move/

أعلنت السلفادور عن تقسيم احتياطياتها من عملة البيتكوين البالغة 6. 274 بيتكوين (بقيمة 678 مليون دولار) على 14 محفظة رقمية جديدة، وذلك كإجراء وقائي ضد تهديدات الحوسبة الكمومية المحتملة في المستقبل. صرح مكتب بيتكوين في السلفادور في منشور على إكس: «بتقسيم الأموال إلى مبالغ أصغر، يتم تقليل تأثير أي هجوم كمي محتمل»، مضيفًا أن كل عنوان … source: https://btcacademy.online/%d8%a7%d9%84%d8%b3%d9%84%d9%81%d8%a7%d8%af%d9%88%d8%b1-%d8%aa%d9%82%d8%b3%d9%85-%d8%a7%d8%ad%d8%aa%d9%8a%d8%a7%d8%b7%d8%a7%d8%aa%d9%87%d8%a7-%d9%85%d9%86-%d8%a7%d9%84%d8%a8%d9%8a%d8%aa%d9%83%d9%88/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25a7%25d9%2584%25d8%25b3%25d9%2584%25d9%2581%25d8%25a7%25d8%25af%25d9%2588%25d8%25b1-%25d8%25aa%25d9%2582%25d8%25b3%25d9%2585-%25d8%25a7%25d8%25ad%25d8%25aa%25d9%258a%25d8%25a7%25d8%25b7%25d8%25a7%25d8%25aa%25d9%2587%25d8%25a7-%25d9%2585%25d9%2586-%25d8%25a7%25d9%2584%25d8%25a8%25d9%258a%25d8%25aa%25d9%2583%25d9%2588

Backroom is trying to inject new vitality into the InfoFi market by using AI to sort out alpha from massive amounts of information and eliminate noise.

This week, the global crypto and financial sectors are packed with highlights, from government departments' blockchain layout, regulatory policy games, to the strategic moves of giant companies, and the influx of capital into the core ecosystem. Each hotspot is affecting the market's nerves.

Buying Bitcoin in 2020 was a professional adventure. Now with the entry of BlackRock and the enactment of government bills, it has taken a decade for cryptocurrencies to overcome Wall Street's suspicion and hostility and tear off the gray label.

With the improvement of the regulatory framework and the development of technology, stablecoins will play a more important role in the future financial ecosystem.

From the initial meme to the current top ten market capitalization, Dogecoin is not only a legend of its transformation from a joke to innovation, but also a vivid interpretation of the PoW spirit of "everyone can mine and the benefits are fairly distributed."

This week, 27 blockchain startups raised a total of $205.8 million in funding. Rain raised $58 million in its Series B funding round, the largest funding round of the week.

Golden Finance has launched the 2802nd issue of "Golden Morning 8:00", a morning newspaper for the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

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.