[Trump's Eldest Son's Stakeholding Company Plans to Increase Holdings in Various Cryptocurrencies] On September 5, Thumzup, a company in which Trump's eldest son holds shares, announced that it had spent $1 million to purchase Bitcoin and plans to increase its holdings in DOGE, LTC, SOL, XRP, ETH, and USDC, among other cryptocurrencies. Additionally, the company's board of directors has authorized the purchase of 2,500 DOGE mining machines, with the possibility of adding 1,000 more machines. Previously, Thumzup announced plans to acquire Dogehash Technologies through an all-stock transaction and rename itself Dogehash Technologies Holdings, Inc., with the transaction expected to be completed and listed on Nasdaq by the end of the year.

BBX News, September 5, 2025, Global Listed Companies Focus on Public Chain Ecology in Cryptocurrency Asset Allocation Yesterday: SOL New King: DeFi Development purchased 196141 SOLs at an average price of $202.76, with a total holding of over 2.02 million SOLs (worth $427 million), making it the world's largest SOL institutional holder. Steady accumulation of BTC: Brazilian M é liuz increased its holdings by 9.01 BTC, bringing its total holdings to 604.69 BTC, reflecting the continued participation of South American companies. Emerging public chains are favored: SUI Group Holdings holds over 100 million SUI tokens (worth $344 million), with a cash reserve of 58 million available for further increase in holdings. The allocation of public chain assets by institutions is in-depth and focused, and the position of top holders continues to consolidate. Source: bbx.com

Arbitrum has announced the launch of the 'DeFi Revival Incentive Program,' allocating 80 million Arbitrum tokens valued at $40 million to attract decentralized finance (DeFi) traders to participate in its on-chain money markets. The first phase of the program focuses on supporting recursive lending strategies, a DeFi strategy that leverages the same collateral repeatedly to increase leverage, aiming to enhance user returns. The incentives cover lending markets and collateral assets, including mainstream recursive lending strategy tools such as Pendle derivatives. It is worth noting that the price of Arbitrum tokens has dropped approximately 80% since its 2024 peak of $2.39. Analysts believe that this token reward initiative may further exacerbate token inflation pressure, potentially impacting market prices.

[Russian Ministry of Finance: Proposal to Lower Entry Threshold for Crypto Trading Pilot] September 5 – According to reports, Alexey Yakovlev, Director of the Financial Policy Department at the Russian Ministry of Finance, stated that there are plans to lower the threshold for obtaining the status of 'special qualified' investors in order to expand the participants eligible for organized cryptocurrency trading under the Central Bank's 'experimental legal regime' (ELR) framework. In March of this year, the Russian Central Bank proposed a three-year pilot program, which is currently only open to 'special qualified' investors. The existing criteria require holding securities and deposits totaling at least 100 million rubles (approximately $1.2316 million) or having an annual income of at least 50 million rubles (approximately $615,800) in the previous year. The specific extent of the reduction has not been disclosed, with the goal being to enhance accessibility while ensuring risks remain controllable.

[Trump Administration Submits New Arguments Seeking Court Support to Dismiss Federal Reserve Governor Cook] Odaily Planet Daily News – The U.S. Department of Justice has presented new arguments regarding why President Trump should be allowed to dismiss Federal Reserve Governor Lisa Cook, stating that her claims about a "rate cut pretext" are baseless. Cook has been accused of involvement in mortgage fraud and is currently challenging the dismissal decision. On Thursday, government attorneys once again urged the judge to reject Cook's request to block her dismissal during the litigation, reinforcing arguments made during last week's hearing. Just hours before the legal filing, reports emerged that the Department of Justice had launched a criminal investigation into Cook. The U.S. government argues that the fraud allegations, initially raised by Federal Housing Finance Agency Director Mark Calabria, constitute sufficient "grounds" under U.S. law for Trump to dismiss her. In Thursday's filing, the Department of Justice emphasized that the judge must not "second-guess" Trump's judgment regarding the grounds for dismissal and reiterated its rejection of claims that the dismissal was merely a pretext to control the Federal Reserve and push for rate cuts. "Her only 'evidence' is that the President has criticized the Federal Reserve's policies," the filing stated, "but mere policy disagreements do not imply that the President dismissed Cook for that reason." (Jin10)