According to Foresight News, Argentinian Ethereum developer Fede's Intern announced a donation of $500,000 for the legal defense of Tornado Cash co-founder Roman Storm. This decision follows Fede's Intern's recent detention by Turkish authorities. The team is currently in the process of transferring the funds, with the transaction expected to be completed within a few hours. Fede's Intern emphasized the importance of protecting those who challenge the status quo and creating systems that allow their ideas to flourish. He stated, "Progress comes from defending our innovators; when we stop doing so, we halt the construction of the future." Previously, Foresight News reported that Fede's Intern was detained in Turkey on allegations of assisting others in the "misuse" of Ethereum. He expressed his willingness to cooperate with Turkish authorities or any other national authorities, asserting that they have not aided anyone in any wrongdoing but are prepared to defend themselves.

The company addressed the rumors on Weibo Sunday night, warning the public not to be misled by reports suggesting such a project was underway.

According to Foresight News, Ark Invest, led by Cathie Wood, has increased its holdings in Block by acquiring 262,463 shares. The purchase is valued at approximately $19 million, based on data from Ark Invest Daily.

According to BlockBeats, Metaplanet has announced an investment of $61.4 million to purchase 518 Bitcoin (BTC). This move reflects the company's strategic decision to increase its holdings in the cryptocurrency market. The acquisition highlights Metaplanet's confidence in Bitcoin's potential for growth and its commitment to expanding its digital asset portfolio.

FTX customers say their class complaint against Fenwick & West needs updating with new details from Sam Bankman-Fried’s trial and FTX’s bankruptcy case. source: https://cointelegraph.com/news/ftx-users-bolster-lawsuit-claiming-law-firm-was-key-to-ftx-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to BlockBeats, OpenAI CEO Sam Altman has expressed concern over allegations against Elon Musk, following Musk's threat of legal action against Apple. Altman shared a post on X, stating that he heard accusations of Musk manipulating X for personal and corporate gain, potentially harming competitors and individuals he dislikes. Altman described these claims as shocking and expressed a desire for a counter-investigation to uncover the truth, noting that many people are interested in understanding the situation. Despite these concerns, Altman emphasized that OpenAI remains focused on developing outstanding products. Altman also shared a media article from 2023, which reported that Musk had pressured the Twitter team to significantly increase the visibility of his tweets.

Are Cardano whales set for a breakout or a dump? source: https://ambcrypto.com/166m-whale-bet-keeps-ada-steady-but-cardano-can-rally-to-1-only-if/

The Argentinian developer said he was detained due to his alleged connection with a privacy protocol, which he did not name. source: https://www.theblock.co/post/366473/fedes-intern-freed-roman-storm?utm_source=rss&utm_medium=rss

Terraform Labs co-founder Do Kwon may plead guilty in a US fraud case over the $40b TerraUSD collapse, with a New York hearing set for Tuesday. source: https://cryptonews.com/news/terraform-labs-cofounder-do-kwon-change-guilty-plea-ust-fiasco/

NEOS Investment Management has officially submitted an application for a new exchange-traded fund (ETF) aimed at high-income investors, which will focus on Ethereum, the second-largest cryptocurrency by market capitalization. This innovative ETF is set to utilize a variety of options strategies to enhance the overall yields for its investors. By employing these strategies, NEOS aims to not only generate income but also manage risk effectively. Additionally, the fund will seek out indirect exposure to Ethereum, allowing it to capture potential price movements in the cryptocurrency market without requiring direct ownership of ETH. This move comes at a time when there has been a noticeable surge in institutional interest and investment in Ethereum, signaling growing confidence in the asset's long-term value proposition. Through this approach, NEOS hopes to provide investors with a compelling opportunity to benefit from the burgeoning Ethereum ecosystem while aiming for higher income returns. source: https://blocknews.com/neos-files-for-high-income-ethereum-etf-using-options-strategies-and-indirect-exposure-to-boost-yields-amid-institutional-eth-surge/

Trump Media plans Bitcoin ETF launch pending SEC approvals. Management fee and ticker remain undisclosed. source: https://coincu.com/354169-trump-media-bitcoin-etf-sec-filing-2

Strategy has launched an innovative capital instrument, STRC. This article will explore STRC and Strategy’s other capital instruments (such as STRK and STRF), focusing on their unique appeal to different types of investors.

Blockchain is a technology that transforms production relations, aiming to restructure current organizational structures. Therefore, a cyber state can be considered the ultimate goal, a more ambitious vision.

Golden Finance has launched the 2783rd 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.

Ten years after the UK Financial Conduct Authority launched the fintech regulatory sandbox, although the model has become popular around the world, there is still a lack of strong empirical evidence on the actual effect of its core concept - combining regulatory relaxation with guidance.

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.

In 2022, Appchain may be a relatively marginal technology option. As we enter 2025, with the launch of more and more Appchains, especially Unichain and HyperEVM, the market's competitive landscape is quietly changing.

US crypto market: $9 trillion in pension funds are pouring into the crypto market. Is a bull run far behind? Golden Finance: Trump's support for the crypto industry is truly dedicated.

Recommended reading for tonight: 1. The driving force behind ETH's 4-month comeback and DeFi tokens worth watching; 2. The rise of private currencies: Tether, Bitcoin, and the "Genius Act"; 3. The rise of DATs: From holding Bitcoin to yield management;

In the crypto market, is Bitcoin facing an "August crisis" or a "golden layout"? Golden Finance reports that this week's crypto market presented an "extreme interpretation of the bull-bear game."