Figure Technology Solutions, co-founded by SoFi's Mike Cagney, secretly submitted an S-1 draft registration statement for an initial public offering (IPO) to the SEC on Monday, planning to go public within the year. Figure is a "blockchain-native capital market" that seamlessly connects origination, financing, and secondary market activities, and is the "largest non-bank home equity financing provider." The company has previously raised a total of $120 million. (The Block)

Wu reported that Adam Weitsman, the founder and CEO of Upstate Shredding – Weitsman Recycling, one of the largest private scrap metal recycling and processing companies in the northeastern United States, announced that he has directly purchased over 5,000 Otherside-related assets from Yuga Labs, including Otherdeeds, Mega Kodas, and Weapon Kodas, as part of his long-term investment, and committed to continuing to acquire more through the Secondary Market this year.

According to Wu, Onchain Lens monitoring has found that Sharplink Gaming has added 18,680 ETH (approximately 66.63 million USD) to its strategic reserve address (0xCd9e09…F5F75) today. The address currently holds approximately 498,884 ETH, which is about 1.8 billion USD at current prices.

Trump plans to appoint successors for the Federal Reserve Board of Governors and the Director of the Bureau of Labor Statistics in the coming days, stating that several candidates are being considered. Federal Reserve Board member Adriana Kugler resigned early on August 8, and the departure of BLS Director Erika McEntarfer is believed to be related to the lower-than-expected July non-farm payroll data and its historic downward revision. (CNBC)

The cryptocurrency exchange Bullish, supported by Peter Thiel, has submitted an IPO prospectus to the U.S. SEC, planning to raise up to $629 million, with a corresponding valuation of up to $4.23 billion, and intends to convert part of the raised funds into US dollars stablecoin. Benefiting from favorable information such as the GENIUS Act, Bullish has restarted its listing plans and has acquired the crypto media CoinDesk. The CEO is former NYSE president Thomas Farley. (Reuters)

Wu learned that MARA Holdings announced its operating data for July 2025, producing 703 BTC that month, a decrease of 1% compared to the previous month; the total holdings increased to 50,639 coins, setting a new record. MARA stated that the output slightly declined due to the global rise in Computing Power and the increase in Mining Difficulty, but the overall hashrate rose by 3% month-on-month. Additionally, MARA is advancing the launch of its Texas wind farm data center.

According to Wu, DeFi Development Corp. (NASDAQ: DFDV) announced the purchase of approximately $18.4 million worth of Solana (SOL), increasing its holdings by 110,466 SOL at an average purchase price of $166.61. DFDV now holds a total of 1.2936 million SOL, equivalent to $209 million.

Wu learned that the US-listed company Artelo Biosciences announced the completion of a $9.475 million private sale to initiate the Solana reserve strategy. Bartosz Lipiński, former engineering director at Solana Labs, participated as a technical partner, with asset custody and Decentralized Finance execution services provided by CUBE. The Artelo board also approved a gradual expansion of the scale of this strategic investment.

According to Wu, Verb Technology, a publicly listed company in the US stock market, announced plans to conduct a PIPE private sale of approximately $558 million and plans to rename itself as TON Strategy Co., becoming the first publicly traded company with TON as its core reserve asset. The financing round is priced at $9.51 per share, led by Kingsway Capital, with over 110 institutions and crypto investors participating. The funds will primarily be used for the acquisition of Toncoin (TON) and to obtain returns through staking.

According to Wu, The Ether Machine announced the purchase of an additional 10,605 Ether at an average price of $3,781, increasing its Holdings to 345,362 ETH (approximately $1.3 billion) as part of its long-term on-chain accumulation strategy. The funds for this increase come from a previous $97 million private sale.

According to Wu, BitMine Immersion Technologies (NYSE: BMNR) under Tom Lee announced that it currently holds over 833,000 Ether, valued at approximately $2.9 billion, making it the world's largest ETH reserve entity. BMNR has accelerated its Build a Position over the past 35 days, aiming to accumulate 5% of the circulating supply of ETH and earn returns through staking. Investors behind BitMine include Bill Miller III, Cathie Wood, and Peter Thiel's Founders Fund.

According to Wu, CrediX, a DeFi project, has been attacked, as reported by SlowMist. The attacker was added as an administrator and bridge contract controller of the multi-signature wallet six days ago, and then exploited their permissions to mint collateral and take out large loans in the liquidity pool, ultimately draining the fund pool. Currently, the CrediX official website has been disabled to prevent users from continuing to deposit assets. Credix had previously obtained a credit line of 60 million USD in 2023.

According to the Chinese Financial Times, some residents have recently received notifications from the tax authorities, requiring them to declare and pay taxes on foreign income in accordance with the law. According to the current individual income tax law, income from personal foreign stock trading is classified as capital gains and is subject to a 20% tax rate on a per-transaction basis, allowing for annual offsetting of gains and losses, but not supporting cross-year deductions. The tax authorities will strengthen supervision through the Common Reporting Standard (CRS) for international fin

QCP Capital stated in its latest report that Bitcoin fell again last Friday and briefly dipped below $112,000, triggering over $1 billion in leveraged long positions liquidations. The reasons behind this include weak U.S. non-farm payroll data and risk aversion sentiment triggered by a new round of tariffs. SOL and ETH fell nearly 20% and 10% respectively over the week, and there was also a significant outflow of funds from ETFs. Nevertheless, this round of adjustment is a leveraged washout, and the structural bull run foundation remains, with the options market also indicating that the market

According to Wu, CoinShares reported that digital asset investment products recorded their first outflow of funds after 15 consecutive weeks of net inflows, totaling $223 million, mainly influenced by the Fed's hawkish signals and stronger-than-expected economic data. Bitcoin saw an outflow of $404 million, while Ether experienced an inflow of $133 million. XRP, Solana, and SEI saw inflows of $31.2 million, $8.8 million, and $5.8 million, respectively.

The Japanese listed nail company Convano announced plans to accumulate 21,000 Bitcoins by March 2027, and on August 4, it decided to issue 2 billion yen of ordinary corporate bonds (approximately 13.9 million USD). Previously, Convano had invested about 2.9 billion yen through two rounds of corporate bonds and its own funds, currently holding 164.92 BTC. (JinaCoin)