According to Cointelegraph, two Estonian nationals, Sergei Potapenko and Ivan Turogin, who co-founded the cryptocurrency mining service HashFlare, are set to be sentenced on Thursday after pleading guilty to conspiracy to commit wire fraud. This plea deal comes amid a legal battle with U.S. prosecutors, who have contested claims made by the defendants' lawyers in their sentencing recommendations. The co-founders have requested time served, while the U.S. government is pushing for a 10-year prison sentence, arguing that the victims of HashFlare have suffered significant harm. Prosecutors have criticized the defense's argument that HashFlare's victims did not incur losses, citing an expert opinion and attempts to discredit victim statements. They argue that the expert opinion relies on fabricated data regarding supposed investor earnings, which the defendants admitted to in their plea agreements. The prosecution maintains that the figures provided by Potapenko and Turogin support the victims' claims of financial loss. The U.S. government's sentencing recommendation highlights the fraudulent nature of HashFlare, describing it as a Ponzi scheme. Potapenko and Turogin have previously claimed in court filings that they returned $400 million in cryptocurrency to users and agreed to forfeit interests in assets frozen by the U.S. government in 2022. However, prosecutors have dismissed these claims as incorrect, emphasizing the fraudulent operations of HashFlare. The co-founders were indicted in October 2022, arrested in Estonia, and extradited to the U.S. in May 2024. They have been free on bail since July 2024 and entered guilty pleas in February 2025. During the court proceedings, the co-founders received letters from the U.S. Department of Homeland Security instructing them to leave the United States, aligning with U.S. President Donald Trump's administration's efforts for mass deportations. It remains uncertain whether the judge will consider their immigration status during sentencing. Cointelegraph attempted to contact Potapenko's legal counsel for comments on the upcoming sentencing hearing but had not received a response by the time of publication.

Coinbase launched a second Stablecoin Bootstrap Fund to provide additional liquidity for the DeFi ecosystem via USDC. According to an Aug. 12 announcement, the initiative will target protocols across multiple blockchains, starting with Aave, Morpho, Kamino, and Jupiter. Coinbase also invited protocols seeking liquidity to reach out to the exchange source: https://cryptoslate.com/coinbase-facilitates-defi-funding-via-usdc-amid-40-7-billion-active-loan-record/

Circle stock jumps 11% pre-market following first public earnings showing USDC circulation at $61. 3B with remarkable 90% year-over-year growth despite $482M net loss from IPO-related charges. source: https://cryptonews.com/news/circle-stock-jumps-11-pre-market-after-first-public-earnings-show-usdc-at-61-3b-with-90-growth/

Microsoft has recently rolled out a chip called Majorana 1 that its engineers say could point the way to building quantum computers with the scale people once only imagined. Google and IBM have also posted progress updates in recent months, and some in crypto called the news alarming. Related Reading: Ethereum Faith Fading? Samson Mow Says Holders Will Shift To Bitcoin But Graham Cooke, a Google veteran-turned blockchain CEO, pushed back on the panic, saying “Your wallet’s math is stronger than the fabric of spacetime itself. ” Majorana 1 And The Million Qubit Claim Microsoft says Majorana 1 uses a new class of material — a “topoconductor” — and an architecture meant to make qubits more stable and easier to scale toward a million-qubit device source: https://www.newsbtc.com/news/bitcoin/quantum-computers-no-match-for-bitcoins-math-google-expert-says/

Ethereum exchange-traded funds (ETFs) have recently experienced a remarkable surge in inflows, reaching a total of $1 billion. This significant increase has been largely driven by the involvement of major financial institutions, notably BlackRock, which has played a pivotal role in attracting substantial investments into the cryptocurrency space. As a result of these inflows, Ethereum has seen a notable recovery, with its price climbing back to around $4,000, even in the face of market fluctuations that had previously caused a dip in value. source: https://blocknews.com/ethereum-etfs-hit-inflows-led-by-blackrock-powering-4k-recovery-despite-dip/

The two men pleaded guilty to conspiracy to commit wire fraud in February and later received a letter directing them to “self-deport” from the United States. source: https://cointelegraph.com/news/us-prosecutors-hashflare-co-founders-sentencing-recommendation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Institutions launching their own L1s isn’t good for Solana — but it’s just as bad for everyone else source: https://blockworks.co/news/stripe-circle-l1s-solana

The move comes as Bitfarms looks to redomicile in the U. S. , backed by President Trump's strong political support for crypto and AI. source: https://www.theblock.co/post/366663/bitcoin-miner-bitfarms-looks-to-redomicile-in-us-as-its-revenue-jumps-87-year-over-year?utm_source=rss&utm_medium=rss

BitMine, the Delaware-based ETH whale chaired by Tom Lee, is arming a $20B ATM to chase 5% of supply—after amassing 1. 15M ETH (~$5B) as ETH pushes toward $4,500 source: https://cryptonews.com/news/eths-biggest-whale-bitmine-unleashes-20b-war-chest-to-buy-more-ethereum-supply-shock-imminent/

Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit. source: https://cointelegraph.com/news/bitcoin-holds-dollar118k-while-eth-bnb-link-uni-aim-to-extend-the-altcoin-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

総資産8000億ドル近い巨大企業が、ステーブルコインの争奪戦に正式に参加した。創業者自らがチームを率いて、香港の金融当局トップ2人と1日以内に会談する予定だ。

ゴールデンファイナンスがお届けするゴールデンウェブ3.0デイリーでは、MEME、DeFi、DAO、NFT、メタバース業界の最新・最速ニュースをお届けします。

2025年8月11日（月）、QubicプロトコルはMonroeCoinネットワークを掌握する試みを成功させ、歴史に名を刻んだ。

ETH財務省型企業の供給ダイナミクス、エコシステム、チェーンへの影響。

MonroeCoin,MonroeCoinが51％から攻撃される：60億ドルの技術検証を3億ドルで買収？ Golden Finance,Qubicは敵か、それとも新たな友か？

株式トークン化は、2025年のTradFiとWeb3の融合のための最良のシナリオになりつつある。

今晩のおすすめ本：1.トランプの太ももに抱きつくことから、右手より左手へ ALT5とWLFIの資本ゲームはどう展開する？ビットマイン株、再び急騰 リスクは？3.大まかな疑問：イーサは今、追いかけられるか？;

この方法は会社の負債負担を増加させないが、既存株主の株式を希薄化させる。市場全般の低迷やETH価格の変動により株価が低迷すれば、追加発行による資本調達能力は大幅に低下する。

李は率直な投稿の中で、2009年にシンガポール国籍を取得したことをめぐり、ネットユーザーからたびたび嘲笑されてきたことを明かした。

Pudgy PenguinsのPENGUトークンはKrakenの取引コンテストで優勝し、そのマスコットがシンガポール・グランプリでウィリアムズ・レーシングのF1カーに描かれることになった。このトークンは最近力強い成長を遂げ、上場も拡大し、暗号とモータースポーツの両コミュニティにおける知名度を高めている。