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South Korea cryptocurrency reforms initiative

Key Points: Main announcement by President Lee Jae-myung on crypto reforms.
Initiatives aim to boost the domestic crypto market.
Regulatory shifts to encourage digital asset ecosystem growth.
South Korea, under President Lee Jae-myung, announced plans on August 13 to boost the domestic
IN-14.32%
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BtcTurk hot wallet breach

Key Points: BtcTurk detected a $48 million breach in its hot wallet, leading to suspended cryptocurrency transactions.
Trading and Turkish lira transactions remain operational.
Previous security challenges persist despite leadership changes.
BtcTurk, Turkey’s second-largest cryptocurrency
IN-14.32%
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U.S. stablecoin regulatory reform

Key Points:
U.S. banking entities and consumer advocates push for changes to GENIUS Act.
Call to limit competitive advantage for state-chartered banks.
Lobby for overhaul of cryptocurrency market legislation.
On August 15, 2025, the American Bankers Association and 52 other organizations
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Robinhood UAE license application

Key Points: Robinhood applies for a DFSA license to enter the UAE market.
Mario Camara appointed to lead UAE operations.
Potential competitive effects on existing platforms like eToro.
Robinhood has filed for a license with the Dubai Financial Services Authority to launch foreign exchange and
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Circle USDC mint Solana liquidity

Key Points: Circle mints $750M USDC on Solana, expanding DeFi liquidity.
Solana’s TVL increased after USDC issuance.
USDC surge links to Solana-native protocols’ growth.
Circle has minted a record $750 million USDC on Solana in a day, expanding its supply and enhancing Solana’s role in
USDC-0.04%
MINT-14%
SOL-4.3%
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Trump Coin ETF registration

Key Points: Canary Capital registers meme-coin ETF, targeting institutional investors in the U.S.
Trump Coin price surged, market cap increased to $1.9 billion.
Awaiting further SEC reviews, market watching for impacts.
Canary Capital has registered the CANARY TRUMP COIN ETF in Delaware, marking A
TRUMP-4.7%
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Offchain Labs ZeroDev acquisition

Key Points: Offchain Labs acquires ZeroDev to enhance smart account infrastructure.
This move aims to streamline developer tooling and boost on-chain adoption.
Facilitates seamless user experience across over 30 blockchains.
Offchain Labs, the developer behind Arbitrum, has acquired ZeroDev, enhan
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Guizhou Bitcoin mining allegations

Key Points: Authorities deny Jing Yaping’s involvement in Bitcoin mining.
No recorded impact on cryptocurrencies reported.
Official dismissed allegations as AI-generated rumor.
The Guizhou Provincial Commission for Discipline Inspection debunked claims that former Big Data Bureau director Jing Yap
BTC-2.47%
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Eric Trump crypto pivot

Key Points: Eric Trump reports major banks closed his accounts, leading to cryptocurrency adoption.
Eric Trump joins ALT5 Sigma board amid financial shifts.
Market and regulatory responses reflect increasing concerns over “debanking” practices.
Eric Trump, son of former President Donald Trump, rep
TRUMP-4.7%
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DeFi regulatory safe harbor

Key Points: a16z and DeFi Education Fund submitted a petition to the SEC for regulatory clarity.
They seek protection for DeFi websites.
The petition addresses broker-dealer registration exemptions.
On August 13th, venture capital firm a16z and the DeFi Education Fund submitted a petition to the S
DEFI-3.01%
SAFE-3.73%
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Do Kwon fraud plea deal

Key Points: Do Kwon pleads guilty implicating U.S. and South Korean legal systems.
Faces a 12-year sentence for conspiracy and fraud.
Agrees to pay $80 million penalty and global trading ban.
Terraform Labs founder Do Kwon has agreed to a plea deal on fraud charges, allowing him to serve part of h
IN-14.32%
LUNA-6.51%
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ChainCatcher Alibaba Cloud Web3 partnership

Key Points: Focus on reducing operational costs and technical barriers.
Emphasis on technical setup, not immediate market influence.
Potential for long-term advancements in blockchain innovation.
ChainCatcher and Alibaba Cloud announce a partnership on August 13, 2025, to enhance Web3
CLOUD0.05%
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institutional crypto adoption trends

Key Points: Institutional crypto integration is reshaping traditional finance.
Bitcoin and Ethereum are key anchors in institutional portfolios.
Financial leaders emphasize the need for blockchain technology understanding.
Wang Feng, founder of LightHash, highlighted cryptocurrency’s growing
BTC-2.47%
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bullish cryptocurrency exchange ipo 2025

Key Points: Key Point 1
Key Point 2
Key Point 3
Cryptocurrency exchange Bullish, backed by Peter Thiel, is set to list on the NYSE under ticker BLSH on August 13, aiming to raise $990 million.
![](https:) The listing, supported by BlackRock and ARK Invest, underscores growing institutional
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Perplexity AI Chrome acquisition offer

Key Points: Perplexity AI makes $34.5 billion offer for Google’s Chrome.
Designed to address U.S. antitrust measures.
Investor backing noted, but specifics undisclosed.
Perplexity AI has extended a $34.5 billion acquisition bid for Google’s Chrome browser, aimed at complying with U.S. antitrust me
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