Crypto fraud mastermind Malone Lam pleads guilty, involving a total amount of $245 million

[ARK Investment Management Applies to Issue Tokenized Shares for ARK Venture Fund] ARK Investment Management has applied to the U.S. SEC to issue a tokenized share class for the ARK Venture Fund. The U.S. SEC released a notice on August 24, setting September 18 as the deadline for hearing requests. As of January 31, the total assets of the ARK Venture Fund amounted to $562 million. The application proposes the establishment of both an exchange-traded class and a tokenized class, with tokenized shares recorded using distributed ledger technology to track ownership and transferable between registered alternative trading systems or whitelisted wallets.

The spot gold price has exceeded $4370 per ounce, with a intraday increase of 0.36%.

[The U.S. Senate to Hold Procedural Cloture Vote on Clarity Act in One Week] The U.S. Senate will hold a procedural cloture vote on the Clarity Act in one week. Senator Cynthia Lummis stated that if the bill fails to pass next week, it will be difficult to gain practical advancement opportunities before the end of 2029.

Whale address 0xEe0A has recharged 232600 HYPE (approximately $19.67 million) to Bybit and Gate exchanges in the past two weeks. (Source: Lookonchain)

The Coinbase roadmap has added two new assets, Dolphin (POD) and Concrete (CT), with Dolphin deployed on the base and Concrete being the Ethereum ERC-20 token.