A former Google X executive warned: In 2027, AI will enter a 15-year hell mode, with large numbers of white-collar workers unemployed, the middle class completely disappearing, and only the top 0.1% of the rich and the bottom class left in the world.

According to PANews, the office of the Vice President of Indonesia has extended an invitation to members of the Bitcoin community to discuss the potential of adopting Bitcoin as a national reserve asset. This move signals Indonesia's interest in exploring digital currencies as part of its financial strategy.

Key Insights: Spot Bitcoin and Ethereum ETFs by BlackRock recorded massive outflows on Monday, raising concerns over crypto market direction in the coming weeks. ETH price saw a rebound after Ethereum treasury companies purchased ETH worth millions. But, BTC price remained stuck under $115,000. BlackRock iShares Bitcoin ETF Risk-Offs $292 source: https://www.thecoinrepublic.com/2025/08/05/blackrock-sells-over-600-million-in-bitcoin-ethereum-whats-next/

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Financial services titan JPMorgan Chase is reportedly warning that the US economy is flashing signs of an upcoming recession after a less-than-stellar July jobs report. According to a new report from Fortune, the most recent jobs report sent a recession warning to traders and analysts on Wall Street. source: https://dailyhodl.com/2025/08/05/jpmorgan-chase-warns-us-economy-flashing-recession-signal-after-258000-jobs-growth-revision-report/

According to PANews, OpenAI, Google, and Anthropic have received approval from the United States to enter into civilian artificial intelligence contracts. This development marks a significant step for these companies in expanding their AI capabilities and services within the civilian sector. The approval allows them to further integrate AI technologies into various applications, potentially enhancing efficiency and innovation across multiple industries.

Summary: What is South Korea doing to prepare for the future of digital finance? South Korea is introducing new laws to support tokenized securities and regulate stablecoins. These measures include recognizing blockchain for record-keeping and allowing financial institutions to issue digital assets. Banks are also forming dedicated teams and infrastructure to support this shift. 🎧 Listen to This Article Prefer to listen? Hit play below to hear the narrated version source: https://news.shib.io/2025/08/05/south-korea-fast-tracks-tokenized-securities-and-stablecoin-laws/

Crypto now represents a huge slice of Donald Trump's net worth — and these charts explain why. source: https://cryptonews.com/exclusives/revealed-donald-trumps-huge-crypto-wealth-in-charts/

Buying volume on Bybit has grown remarkably as market prepares for next Bitcoin breakout source: https://u.today/insane-bitcoin-buy-volume-stuns-bybit-exchange-bullish-data-emerge

Ethereum’s Lean approach, which achieves quantum resistance by completely overhauling key chain components, contrasts with Sui’s “Fat” approach, which seeks to preserve existing functionality with minimal changes.

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According to Cointelegraph, a controversial proposal within the European Union, known as “Chat Control,” is gaining traction, with 19 out of 27 member states reportedly supporting the initiative. This plan would require messaging platforms such as WhatsApp, Signal, and Telegram to scan every message, photo, and video sent by users starting in October, even if end-to-end encryption is in place. The proposal was reintroduced by Denmark on July 1, coinciding with the start of its EU Council presidency. France, which previously opposed the measure, has now shifted its stance in favor, as noted by Patrick Breyer, a former Member of the European Parliament for Germany and the European Pirate Party. Other countries supporting the proposal include Belgium, Hungary, Sweden, Italy, and Spain, while Germany remains undecided. Should Berlin align with the majority, a qualified Council vote could potentially pass the plan by mid-October. The EU Council requires a qualified majority to approve such measures, which involves two conditions: at least 55 percent of member states, equating to 15 out of 27, must vote in favor, and these countries must represent at least 65% of the EU’s total population. The proposal aims to implement client-side scanning, where software embedded in users’ devices inspects content before encryption. This approach has been likened to the Post Office reading letters in one's living room before they are sealed in envelopes. Critics argue that the real target is not criminals, who often use encrypted or decentralized channels, but ordinary users whose private conversations would be subjected to algorithmic scrutiny. The proposal cites the prevention of child sexual abuse material (CSAM) as its justification, but it raises concerns about mass surveillance and the erosion of privacy in digital correspondence. In addition to scanning, the proposal includes mandatory age verification, effectively removing anonymity from messaging platforms. Digital freedom groups are urging citizens to contact their Members of the European Parliament (MEPs), sign petitions, and oppose the law before it becomes irreversible. Meanwhile, Telegram founder Pavel Durov has warned that France risks societal collapse if it continues down a path of political censorship and regulatory overreach. Durov was arrested in France in August 2024, accused of failing to moderate his app to reduce criminality. He also claimed that French intelligence officials approached him earlier this year with requests to censor pro-conservative content ahead of the May 2025 Romanian election, a request he refused.

This is also the reason why we always emphasize not to fight against the trend and place heavy bets on the left side in a bull market.

Understand ZK technology, zkEVM roadmap, and Ethereum L1 scaling plan.

To solve the liquidity dilemma of RWA, the authors propose an innovative token architecture: Flatcoin, which is supported by the first real-world asset token binding curve (RWA TBC).

Some Chinese listed companies, finding it difficult to obtain a stablecoin license in Hong Kong, have gone to the United States to apply for a stablecoin license, or cooperate with exchange licenses from Abu Dhabi Dubai or the EU MiCA to form a good industrial digital asset layout.

The White House is reportedly preparing an executive order aimed at penalizing banks that terminate customer relationships based on political or ideological grounds, addressing long-standing concerns from conservatives and crypto companies about financial discrimination.

BitMine quickly bought over 833,000 ETH in just over a month, becoming the largest company holder of Ethereum. The firm’s fast growth, investor backing, and a $1 billion stock buyback have pushed its market value up sharply.

France’s far-right Rassemblement National (RN) has proposed using surplus nuclear energy to mine Bitcoin-a move that is dramatically contradictory to Marine Le Pen's 2016 promise to ban virtual currencies.

The Philippines has warned ten major offshore crypto exchanges, including OKX and Kraken, for operating without a licence under new rules. The regulator says these platforms pose risks to investors and may face legal action or website blocks.