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

총 자산이 8,000억 달러에 육박하는 거대 기업이 스테이블코인 경쟁에 공식적으로 뛰어들었으며, 창립자가 직접 팀을 이끌고 하루 만에 홍콩의 최고 금융 관리 두 명을 만나기도 했습니다.

골든 파이낸스는 가장 빠르고 최신의 MEME, DeFi, DAO, NFT 및 메타버스 업계 뉴스를 제공하는 골든 웹 3.0 데일리를 선보입니다.

2025년 8월 11일 월요일, 큐빅 프로토콜은 먼로코인 네트워크 장악 시도를 성공적으로 완료하며 새로운 역사를 썼습니다.

이더리움 기반 기업의 공급 역학, 생태계 및 체인 영향.

먼로코인,51%의 공격을 받은 먼로코인: 60억 달러 규모의 기술 검증을 3억 달러에 인수? 골든 파이낸스,큐빅은 적인가, 새로운 친구인가?

주식 토큰화는 2025년 트레이딩 파이와 Web3의 융합을 위한 최고의 내러티브가 되고 있습니다.

오늘 저녁 추천 읽기: 1. 트럼프의 허벅지를 껴안는 것부터 오른손을 왼손으로 넘기는 것까지 ALT5와 WLFI의 자본 게임은 어떻게 진행되나요? 2. 비트마인 주가가 다시 급등하다 위험은 무엇인가요? 3. 어려운 질문: 이제 이더를 쫓아갈 수 있을까? ;

이러한 접근 방식은 회사의 부채 부담을 증가시키지는 않지만 기존 주주들의 지분을 희석시킬 수 있습니다. 전반적인 시장 침체나 이더리움 가격 변동성으로 인해 주가가 약세를 보일 경우, 추가 발행을 통한 자본 조달 능력이 크게 감소할 수 있습니다.

리는 솔직한 글을 통해 2009년 싱가포르 시민이 되기로 한 자신의 결정으로 인해 네티즌들로부터 자주 조롱을 받았다고 밝혔습니다.

퍼지 펭귄의 PENGU 토큰은 크라켄의 거래 콘테스트에서 우승하여 싱가포르 그랑프리에서 윌리엄스 레이싱의 F1 자동차에 마스코트가 등장했습니다. 이 토큰은 최근 강력한 성장과 상장 확대로 암호화폐와 모터스포츠 커뮤니티에서 인지도를 높이고 있습니다.