established

Spain's largest cryptocurrency exchange Bit2Me announced the establishment of an independent company Bit2Shield (registered name CryptoShield S.L) to assist courts, police, and financial institutions in tracking, seizing, storing, and selling cryptocurrency assets. This department will support investigators in extracting wallet data, locating cryptocurrency assets, and issuing digital signature forensic reports that can be used in court, while also being responsible for fraud investigations, source of funds verification, and providing training for police, judges, and banks.This move formalizes the work Bit2Me previously conducted for public institutions. In 2025, Bit2Me handled seized cryptocurrency assets worth 1.5 million euros (approximately 1.74 million dollars) for Interpol, Europol, and the Spanish police, using blockchain analysis company Chainalysis to track the assets. Bit2Shield will store seized assets in cold wallets that require multiple signatures and arrange for their sale when ordered by authorities, with proceeds transferred to government bank accounts in euros.Bit2Shield is part of Bit2Me's expansion from retail trading to banking and public institution infrastructure, with investors including Bankinter, Unicaja, Cecabank, Telefónica, and Tether. Since Bit2Shield focuses on investigations, forensics, and training, it is not considered a cryptocurrency service provider under the EU's Markets in Crypto-Assets Regulation (MiCA); any operations involving the exchange of cryptocurrency for euros will be handled by Bitcoinforme S.L., an entity authorized by the Spanish securities regulator MiCA under Bit2Me.

According to Jinshi reports, the Qichacha APP shows that recently Jiangxi Luyou Intelligent Technology Co., Ltd. was established, with a business scope that includes the development of artificial intelligence application software, research and development of intelligent robots, integration services for artificial intelligence industry application systems, sales of artificial intelligence hardware, sales of intelligent robots, and more.Qichacha equity penetration shows that the company is jointly held by companies including Ubtech.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address holding approximately 4.5 million dollars (0x2Ae...a78Ae) has recently adjusted its positions: it cleared 156,452 UNI (worth 1.077 million dollars), realizing a profit of 86,000 dollars; it increased its position by 402,000 PONS (worth 342,000 dollars), raising the total holdings to 3.63 million (approximately 2.99 million dollars); and it established a new position of 355,175 FORM, worth 94,000 dollars.Currently, the holdings of $AAVE and $CASHCAT remain unchanged, with the total holdings of the four major tokens reaching 4.46 million dollars.

The United States and the United Kingdom announced the establishment of the first joint law enforcement alliance aimed at combating fraud centers involving cryptocurrency and online investment scams. The U.S. Department of Justice stated that the U.S. Attorney's Office for the District of Columbia, the UK Crown Prosecution Service, and the UK's National Crime Agency have signed a memorandum of understanding to conduct parallel investigations on common objectives, share intelligence on organized crime groups, and negotiate jurisdictional prosecution rights for specific cases.This alliance expands upon the "Fraud Center Task Force" initiated by U.S. Attorney Jeanine Ferris Pirro in November 2025, focusing on Chinese organized crime networks primarily located in Southeast Asia that are involved in cryptocurrency investment scams, which are often linked to human trafficking and money laundering. The task force includes the FBI, U.S. Secret Service, IRS Criminal Investigation Division, Homeland Security Investigations, and the Department of Justice, and collaborates with the U.S. Department of the Treasury, the State Department, and private enterprises to dismantle fraud operations and recover victims' funds.The U.S. Department of Justice pointed out that losses reported due to cryptocurrency investment scams in the U.S. continue to rise, with losses reported to the FBI Internet Crime Complaint Center increasing from $4.57 billion in 2023 to $8.65 billion in 2025. Previously, international law enforcement agencies had conducted joint operations, with a raid led by Dubai police on April 29, involving the FBI and the Chinese Ministry of Public Security, resulting in the arrest of 276 individuals and the closure of at least 9 cryptocurrency scam centers. Several Southeast Asian countries are also strengthening domestic legislation, with Myanmar's military government releasing a draft on May 15 proposing a 10-year to life imprisonment for digital currency fraud, and the death penalty if a victim dies due to being coerced to work at a scam center; this bill was passed by parliament on July 28.

Base Labs has announced its establishment as an independent research organization focused on advancing open-source AI. It believes in a healthy and open frontier model ecosystem and will conduct scientific research in an open manner.Base Labs will carry out blue-sky research on continuous learning, reinforcement learning science, and model lifecycle learning mechanisms, and will publicly share all experiments and recipes; it will build the BaseHub Data Foundry to provide an open reinforcement learning environment, training data, and real-world benchmarks; it will enhance the capabilities, safety, and alignment of open-source models through continuous post-training and deploy cutting-edge safety stacks; at the same time, it will conduct model performance research to reduce costs and improve performance.The organization emphasizes that this is mission-driven research work rather than a commercial product and is currently recruiting engineers, researchers, and research scholars.

Ayo Akinyele, Senior Director of Engineering at Ripple, stated that the company is developing a four-phase quantum-resistant migration plan for the XRP Ledger, aiming to complete the transition before quantum computers become a real threat. The plan includes assessing the network's exposure, testing quantum-resistant cryptographic solutions, running existing security systems in parallel with quantum-resistant alternatives, and preparing emergency response pathways for scenarios where quantum computing advances exceed expectations.Akinyele emphasized that migration is not just about replacing a cryptographic algorithm, but requires more flexible infrastructure, stronger key management, and clearer upgrade paths. The XRP Ledger has supported changing the keys that control accounts without altering the accounts themselves, a feature that is expected to reduce the difficulty of future migrations, but independent validators on the network still need to coordinate any broader rule changes.Meanwhile, Anthropic's model last month reduced the workload required to break leading post-quantum signature candidates by 67 million times, and Bitcoin and Ethereum developers also released their respective migration plans this week. Akinyele pointed out that AI and quantum computing are different technologies, but they are driving financial infrastructure to evolve in the same direction, as AI agents begin to trade and pay autonomously, raising new requirements for payment infrastructure that is always online and natively internet-based.

The Interchain Foundation stated that it is committed to supporting the development of the Cosmos ecosystem and recognizes the impact of recent Cosmos EVM events on teams that rely on Cosmos technology for deployment.To this end, the ICF is establishing a discretionary funding program to support affected chains collaborating on remediation efforts. As part of the same program, the foundation will invest resources alongside the community to further enhance security practices, infrastructure, and incident response capabilities across the ecosystem.The foundation will continue to invest in the resilience and security of Cosmos, with more details on the new funding program to be announced in the coming days.

Bilal Bin Saqib, the Minister of State for Pakistan and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), revealed at the Bitcoin Asia conference that the country completed the establishment of its virtual asset regulatory system in less than six months, using only about 8% of the approved budget, which is approximately $200,000, with about 92% of the budget remaining unused. Saqib stated that the government should not measure success by how much money is spent, but rather by the actual delivery of results. The regulatory framework covers activities such as exchanges, custody, brokerage, asset management, lending, and settlement, and introduces requirements regarding governance, anti-money laundering and counter-terrorism financing, customer asset protection, cybersecurity, and market conduct. Saqib emphasized that Pakistan's regulatory ambitions extend beyond the current digital asset market, with future focus on the tokenization market, programmable payments, stablecoins, machine-to-machine transactions, and the AI agent economy, noting the need to establish corresponding regulatory rules for agent payments and the agent economy. Saqib stated that emerging markets do not need to spend a decade catching up; they can build on the frontier. With a population of over 240 million, Pakistan is a potentially significant market for emerging financial technologies. The rapid transition from legislation to licensing in the country is being used as a demonstration case for the government's response to next-generation financial infrastructure.

On August 27, according to TradingBeats (formerly Hyperinsight), with the recovery of the cryptocurrency market, "Maji" has added the altcoin ENA to its long list, now holding a long position worth $460,000. As of the time of publication, its holdings are as follows:A long position worth $61.04 million with 25x leverage on Ethereum;A long position worth $43.40 million with 40x leverage on Bitcoin;A long position worth $19.13 million with 10x leverage on HYPE;A long position worth $463,000 with 10x leverage on PUMP;A long position worth $461,000 with 10x leverage on ENA.

According to Forbes, Anthropic, Blackstone, and Goldman Sachs have jointly established an AI-native enterprise service company called "Ode," with an investment of $1.5 billion.Ode is positioned as an AI implementation consulting firm, with core services including identifying business processes suitable for AI transformation, deploying AI engineers, developing customized applications and agents, automating task processes, and assisting companies with regulatory compliance issues. The company will focus on helping client enterprises implement the Claude model under Anthropic.

Web3 asset data platform RootData has established a strategic partnership with Korea's leading cryptocurrency research institution, Tiger Research.According to the agreement, Tiger Research will fully adopt the API data interface provided by RootData to support its various industry research reports, market insights, and project analyses with underlying data. As a comprehensive data platform, RootData possesses a vast amount of project fundamentals, financing history, team backgrounds, and popularity index metrics. This collaboration will enable Tiger Research's research team to efficiently access structured, high-reliability datasets, significantly enhancing research efficiency and data breadth, thus producing more timely and in-depth analytical results.At the same time, RootData's network of data partners has further expanded, marking the validation of its data services in professional research scenarios. Currently, RootData has accumulated over 220 data partners, becoming one of the important structured data providers in the cryptocurrency industry.

Well-known trader Doctor Profit posted that Ethereum has completely broken through the key resistance area of the bear market stage and has, for the first time since the start of this bear market, re-established itself above the "golden line (weekly EMA50)" that he focuses on.Doctor Profit believes that this breakthrough is an important technical signal for ETH and said, "Fasten your seatbelts," while indicating that bears will face pressure.

According to Bitcoin News, the Duquesne Family Office managed by Stanley Druckenmiller has exited its positions in Intel and Micron Technology, and has established new positions in four publicly traded Bitcoin mining companies: Bitdeer Technologies, Riot Platforms, Hut 8, and IREN.

According to the U.S. Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, had a total market value of approximately $19.1 billion at the end of the second quarter, a decrease from about $20 billion at the end of the first quarter.H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba, and significantly reducing its holdings in Nvidia, Google, and Microsoft, completely exiting from TSMC and CrowdStrike.

According to Coinpedia, JPMorgan, with an asset management scale of approximately $5.1 trillion, submitted its Q2 13F filing to the SEC, showing significant adjustments in its crypto-related ETF holdings. In terms of Bitcoin, the bank held approximately 10.4 million shares of BlackRock's IBIT as of June 30, valued at about $355.7 million, up from about 8.3 million shares and nearly $162 million in Q1; the number of IBIT call options increased to about 3.94 million, while put options decreased from about 4.75 million to about 3.5 million.Regarding Ethereum, JPMorgan held nearly 1.17 million shares of BlackRock's ETHA, valued at approximately $14.3 million, a significant increase of 338% compared to the previous quarter, but the value of Bitcoin positions still exceeds that of ETHA by more than twenty times. For XRP, after the related positions were reduced to zero in Q1, the bank re-established its holdings, holding small shares of Bitwise XRP ETF and Grayscale XRP Trust ETF, as well as approximately 19,900 shares of Armada Acquisition Corp II related to Ripple-supported trading, valued at about $207,000.In addition, the filing also showed that JPMorgan established a new position in Bitwise Solana Staking ETF, holding about 47,500 shares. The article also mentioned that there has been a recent net outflow from the U.S. spot Bitcoin ETF, with the next 13F covering Q3 expected to be disclosed in November.

ENS DAO has voted to approve the proposal "Next Era of ENS DAO" and completed on-chain execution, officially establishing the ENS Foundation to promote the ENS ecosystem into a new governance phase.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members, responsible for undertaking institutional work related to ENS in areas such as law, policy, standard-setting, and brand protection.ENS stated that over the past nearly ten years, ENS has developed into an important infrastructure within the Ethereum ecosystem, with millions of registered domain names, and has been integrated by numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks legal entity status, making it unable to effectively participate in the governance of the internet naming system, sign institutional cooperation agreements, hire full-time employees, maintain trademark rights, or engage in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. In the future, the foundation will be responsible for:Representing ENS in internet standard organizations such as ICANN, IETF, and W3C, promoting the recognition and management of the ".ens" top-level domain (TLD);Participating in policy discussions as a legal entity, communicating with regulatory agencies and government departments;Holding and protecting ENS trademarks and intellectual property, combating phishing and impersonation;Hiring full-time employees responsible for ecosystem operations, funding programs, and fund management;Becoming a formal cooperation entity between traditional institutions such as registrars and standard organizations and the ENS ecosystem.

According to on-chain analyst Ai Yi (@ai 9684xtpa), after the new address 0x615...d69d5 transferred 2 million USDC as collateral, it established a 4x leveraged long position in XMR on Hyperliquid, with a size of 10,962.78 XMR. Based on the opening price of $383.23, the position is valued at approximately $4.18 million and has now become the second largest position in XMR on Hyperliquid.

According to Lookonchain monitoring, a newly created address received 1,346 BTC from GalaxyDigital, worth 87.28 million USD.

The Financial Services Agency of Japan announced personnel appointments. As part of an organizational restructuring, the agency has established a new "Department of Crypto Assets and Stablecoins," specifically responsible for regulating crypto assets and stablecoins. Toshiaki Adomi has been appointed as the first section chief.Toshiaki Adomi graduated from Osaka University Faculty of Law in 2002 and then joined the Financial Services Agency. He later obtained a Master of Business Administration from the University of Birmingham in the UK and a Master of Laws from the London School of Economics. He has held positions in bank supervision and policy coordination, and from July 2025, he will serve as a councilor in the Comprehensive Policy Bureau. Until August 1, 2026, he served as the councilor overseeing postal savings and insurance supervision.