CFTC Clarifies US Access to Foreign Crypto Exchanges

️ On today's Top Picks:

Crypto News

• ⭐️ US CFTC clarifies Foreign Boards of Trade registration rules; gives non-US crypto exchanges a path to let Americans trade on their platforms.

• US Government to publish macroeconomic data on Bitcoin $BTC, Ethereum $ETH, Solana $SOL, & more chains; to also use ChainLink $LINK & Pyth $PYTH as oracles.

• US CFTC to use Nasdaq’s SMARTS surveillance platform to monitor trading in digital asset derivatives and prediction markets.

• ⭐️ Tether to launch $USDT on Bitcoin $BTC via RGB; RGB is a protocol for issuing digital assets on Bitcoin.

• Ethereum $ETH Foundation pauses open grants programs; to transition to a strategic, proactive funding model.

Alpha

• ⭐️ Linea distributes LXP-L & LAM (Linea Activity Multiplier); to launch $LINEA airdrop eligibility & allocation checker soon.

• OpenSea launches HyperEVM $HYPE support; trade HyperEVM NFT's and/or tokens.

• Soneium launches Soneium Score, a way to reward proof of contributions across the Soneium ecosystem; based on daily activity, providing liquidity, holding NFTs, & engaging with featured projects.

• Abstract posts "Abstract Autumn loading…." on X; to potentially launch something new.

• Rabby posts "Something big is coming" on X; to launch Hyperliquid perps on Rabby wallet.

• Rainbow to launch Hyperliquid perps on Rainbow wallet; Rainbow points program ongoing.

• Jumper launches second batch of perks; Jumper Perks gives access to benefits & IRL perks for leveling up your Jumper Pass,

Airdrops

• Airdrops, Checkers, & Points by Olimpio.

• Camp launches $CAMP airdrop claim; Summit Series participants & Camp TrailHeads NFT holders were eligible to register.

• ⭐️ Union launches $U airdrop eligibility & allocation checker; testnet users, Trusted Setup Ceremony participants, Wandering Whale Sharks NFT holders, & more are eligible.

• Mitosis launches $MITO airdrop claim; Expedition participants, Morse NFT holders, & more were eligible to register.

• Hemi launches $HEMI airdrop eligibility & allocation checker; Hemi Points holders are eligible.

• CyberKongz to launch $KONG airdrop soon; active OpenSea users to be eligible.

• ICYMI Airdrops, Checkers, & Points (AUG 26th) by Olimpio.

Finance News

• ⭐️ US Appeals Court finds President Trump's global tariffs illegal; tariffs to remain in effect as the case is reviewed.

• US July PCE Inflation rises to 2.6%, in-line with expectations of 2.6%; Core PCE inflation rises to 2.9%, in-line with expectations of 2.9%.

• US Federal Reserve Governor Lisa Cook sues President Trump over move to fire her; alleges Trump's actions infringed on her constitutional rights and US law.

• Nvidia $NVDA reports Q2 2025 earnings; reports $46.7B in revenue, higher than expectation; announces $60B stock buyback.

• Strategy $MSTR investors drop class-action lawsuit against the company; lawsuit alleged Strategy misled investors about profitability.

• American Bitcoin to go public via all-stock merger with Gryphon Digital Mining $GRYP; Donald Trump Jr, Eric Trump, and Hut 8 $HUT will jointly hold 98% of the new entity.

• Metaplanet $3350.T to raise $881M to buy more Bitcoin $BTC; currently holds 18,991 BTC worth ~$2.1B.

• DeFi Dev Corp $DFDV buys an additional 407,247 Solana $SOL for ~$77M at ~$189 per SOL; now holds 1,831,011 SOL worth ~$391M.

• Sharps Technology $STSS raises $400M to establish Solana $SOL treasury; investors include ParaFi, Pantera, FalconX, RockawayX, Borderless, & Luca Netz.

• Caliber $CWD adopts $LINK digital asset treasury strategy; to use existing ELOC, cash reserves, and "issuance of equity-based securities to fund strategy.

Security and Exploits

• WhatsApp patches security vulnerability in its iOS & macOS messaging clients; flaw was exploited in targeted zero-day attacks.

• TransUnion suffers data breach impacting ~4.4M people; to notify affected individuals beginning August 26th.

• Google $GOOG to form disruption unit to target hackers; to form in the coming months.

Token Unlocks

• Kamino $KMNO / ~$13M / AUG 30th
• Optimism $OP / ~$22M / AUG 31st
• Sui $SUI / ~$144M / SEP 01st
• ZetaChain $ZETA / ~$8M / SEP 01st
• Ethena $ENA / ~$26M / SEP 02nd
Sourced from Tokenomist

Funding

• Rain raises $58M in Series B funding led by Sapphire Ventures.

• M0 raises $40M in Series B funding led by Polychain Capital & Ribbit Capital.

• aPriori raises $20M in Strategic funding from several investors.

• OrangeX raises $20M in funding led by Kryptos.

• The Clearing Company raises $15M in Seed funding led by Union Square Ventures.

• Metafyed raises $5.5M in funding from several investors.

• Credit Coop raises $4.5M in Seed funding led by Maven 11 & Faction.

• Tazapay raises an undisclosed amount in Series B funding from several investors.

• IoTeX raises an undisclosed amount in Strategic funding from Animoca Brands.

• DeAgentAI raises an undisclosed amount in Strategic funding from Valkyrie Fund.

• Gondor raises an undisclosed amount in Angel funding from several investors.

The Degen Farmer