Virtuals Protocol upgraded its Genesis mechanism with tiered access based on $VIRTUAL holdings (21K, 42K, 100K). 7% of supply remains for community (6% liquidity, 2% veVIRTUAL). Aims for fairer access & balanced demand! #Virtuals #DeFi
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Ark Invest Increases Stake in Robinhood by $14.14 Million
Cathie Wood’s Ark Invest increased its holdings in Robinhood (HOOD) by 123,336 shares on August 18th, according to Ark Invest Daily data. The purchase is valued at approximately $14.14 million.
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OpenAI launches ChatGPT Go in India for ₹399/month! 🎉 Get 10x message allowance, image generation, file uploads & double the memory. Supports UPI payments. Expansion to other countries planned. #ChatGPT #OpenAI #India
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S&P Maintains US Credit Rating at AA+/A-1+ with Stable Outlook
S&P Global Ratings has affirmed the United States’ sovereign credit rating at AA+/A-1+, maintaining a stable outlook. This indicates no anticipated changes to the rating in the foreseeable future.
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Boundless revealed ZKC tokenomics! 🪙 1B total supply: 31% ecosystem, 18% growth, <b>6% community sales & airdrops</b>, 21.5% investors, 23.5% team/contributors. Aiming for strong ecosystem & long-term growth! #ZKC #Boundless #tokenomics
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KindlyMD secures $200M convertible note to boost Bitcoin holdings & fund operations. Publicly traded on Nasdaq (NAKA), the company—formed via merger with Nakamoto Holdings—previously raised $540M. Investor confidence signals strong support for their digital asset strategy. #Bitcoin #investment
#crypto #blockchain #news #BTC
Figure Technology Solutions, a blockchain lending platform, filed for IPO! 🚀 H1 2025 revenue hit $191M (+22.4% YoY) with $29M net profit. Founded in 2018, they’ve originated $16B+ in home equity loans & will trade as “FIGR” on Nasdaq. Co-founder retains majority control. #blockchain #IPO #fintech
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🇯🇵 Japan just approved its first yen-pegged stablecoin (JPYC)! Backed 1:1 by yen reserves, it’ll launch on Ethereum, Avalanche & Polygon. This move boosts digital payments & Web3 integration, offering a regulated crypto option for users. 🚀 #stablecoin #crypto #japan
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US govt considering taking a ~10% stake in Intel (INTC.O) amid the chip shortage! 💡 Investment could come from repurposing $10.9B in CHIPS Act funding. SoftBank also recently invested $2B in Intel. Boosting domestic chip production is key. #chips #intel #USgovt
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US Treasury seeks input on stablecoin regulation to combat illicit activity (via the GENIUS Act)! 🏛️ Fintech firms (APIs, AI, blockchain tools) can submit proposals by Oct 17th. More info: link to source - *add link here*
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New recession risk indicator from the San Francisco Fed! The Labor Market Stress Indicator (LMSI) tracks states with rising unemployment (≥0.5% from 12-month low). 30+ states rising simultaneously = strong recession signal. Simple & transparent!
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Large ETH holder sold 3,075 ETH (~$13.25M) for DAI at $4,310/ETH, per Onchain Lens. Still holds a significant 15,708 ETH (~$67.82M), hinting at potential further sales.
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Trump says he's working to arrange a meeting between Putin & Zelenskyy, potentially with him mediating, after Ukraine security talks with European leaders. US officials (Vance, Rubio, Witkov) are coordinating. Target: before end of August, but Germany prefers within 2 weeks.
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Ukraine proposed a $100B arms purchase from the US—tied to security guarantees—per the Financial Times. A $500M drone co-production deal is also in the works. Kyiv shared the plan with allies before meeting with Trump, aiming for long-term security post-conflict with Russia. #Ukraine #US #security
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Nvidia CEO Jensen Huang recently sold $27.1M in stock (150k shares) across multiple transactions. Sales follow Nvidia’s huge gains this year driven by AI chip demand. Executive stock sales are common & don’t always signal a negative outlook!
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Zhongjin Investment forecasts cautious Fed rate cuts due to stagflation risks & persistent inflation. Expect price stability to be prioritized over quick easing. #Fed #economy #rates
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Chamath’s back with a $250M SPAC (American Exceptionalism Acquisition Corp. A) targeting energy, AI, crypto & defense. No warrants, 50% price increase for founder shares. Still cautions SPACs are risky – SoFi is the only success so far. #SPAC #Chamath
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SEC delays decisions on spot Bitcoin & Ethereum ETFs linked to Truth Social, pushing review to Oct 8. Delays also issued for Litecoin, XRP, & Ethereum staking ETFs. SEC cites need for further review. #crypto #ETF #SEC
#blockchain #news #BTC #Bitcoin
US Treasury Sec. Scott Bessent says passing the GENIUS Act is vital for US leadership in digital assets. He believes stablecoins could boost US dollar use globally & demand for US Treasury bonds. Key to staying competitive! #digitalassets #stablecoins #GENIUSAct
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Coinbase International will list Mantle (MNT), Reserve Rights (RSR), & SuperVerse (SUPER) perpetual contracts on Aug 21, 2025 (5:30 PM Beijing time). Trading via Coinbase International Exchange & Advanced Trade. #crypto #Coinbase
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