Odaily News - Asset manager Franklin Templeton plans to incorporate its tokenized money market fund, the Franklin Onchain U.S. Government Money Fund (BENJI), as holdings or collateral within exchange-traded funds (ETFs) and mutual funds, involving approximately $2.6 billion in assets. The initiative could launch as early as the fourth quarter.

The U.S. Securities and Exchange Commission (SEC) has granted no-action relief for this structure, allowing Franklin Templeton's funds to use BENJI for cash management and collateral purposes, though it still requires approval from each fund's board of directors. The company currently manages over 130 ETFs and approximately $82 billion in ETF assets, alongside roughly $790 billion in mutual fund assets.

Franklin Templeton has already distributed the tokenized fund through digital wallets and plans to launch additional tokenized products for cash or collateral management across its broader fund lineup. The tokenized asset market currently exceeds $38 billion in size. (Bitcoin.com News)

Odaily Planet Daily News According to Gate data, South Korea's KOSPI index closed up 45.77 points, or 0.68%, at 6,742.73 points on Tuesday, August 25. Japan's Nikkei 225 index closed up 328.34 points, or 0.50%, at 65,856.43 points on Tuesday, August 25.

PPP Prediction Market Tool monitoring shows that the probability of "BTC reaching $85,000 in the remaining period of August" on Polymarket has risen to 44%, up 26% in 24 hours. Additionally, the probability of rising to $90,000 has increased to 12%, up 6% in 24 hours.

According to the settlement rules, this market is based on Binance's BTC/USDT trading pair. Within the month specified in the title (from 00:00 on the 1st to 23:59 on the last day of the month, EST), if the highest price of any 1-minute candlestick is equal to or higher than the price specified in the title, the market settles immediately as Yes; otherwise, it settles as No. The market only uses the High price of Binance BTC/USDT 1-minute candlesticks, and prices from other exchanges, trading pairs, or spot markets are not considered.

Join the PPP Signal Push Community to stay ahead and seize the opportunity first.

Odaily News: Las Vegas businessman Brent Kovar has been convicted by a jury for his involvement in a $24 million crypto Ponzi scheme and faces up to 280 years in prison. The U.S. Department of Justice stated that Kovar used investor funds to operate Profit Connect and repaid old investors with new funds under the guise of mining profits.

Odaily News According to on-chain analyst Ai Yi's monitoring, after "Set 10 Big Goals First" made his "comeback" this time, the three trades combined are in a losing state, but it is only a retracement of profits (previously disclosed total profits were around $70 million). Among them, his long position gained $20 million; his first BTC short position lost approximately $6.283 million; the first half of the second BTC short position has confirmed losses of approximately $10.158 million, while the loss amount for the second half is unknown and estimated to be around $9 million.

Odaily News: SKHX rebounded this afternoon, rising approximately 4.6% within two hours. Previously, the storage smart money address (0xc8b) was still holding no position, and had pre-placed 100 buy orders in the $1,030 to $1,060 range, planning to deploy approximately $20.9 million waiting for a pullback. After SKHX began to rebound, the address canceled the low-level orders and directly purchased 35,600 SKHX after 11:00 AM, with an actual transaction amount of approximately $41.646 million and an average execution price of approximately $1,168.2. As of press time, the address holds approximately $43.014 million in SKHX long positions with 3x leverage on a full-position basis, with unrealized gains of approximately $1.368 million, a return rate of 9.9%, and a liquidation price of $636.7. It currently retains two add-on orders in the $1,162.6 to $1,170 range, planning to buy another $2.074 million. Yesterday, the address closed out 26,600 SKHX long positions at an average price of approximately $1,210.9, profiting approximately $1.952 million. This round of position size has expanded by approximately 34%.

Odaily News, L1 blockchain Decred stated that between August 16 and 17, its mainnet inflation vulnerability was exploited, resulting in the generation of approximately 2,077.97 DCR. This vulnerability has existed in the consensus code since the mainnet launch in February 2016, stemming from improper handling of edge cases when the regular transaction tree interacts with the stake transaction tree, allowing for double-spending of inputs. The vulnerability was submitted via a bounty program on August 12, but was exploited before a fix could be implemented. Decred has decided not to roll back to minimize the impact on users. The approximately 2,000 DCR minted through this exploit do not affect the 21 million hard cap and are far lower than historical shortfalls in subsidies due to missed votes and other causes, which exceed 215,000 DCR. Currently, the team has developed an additional double-spend monitoring service and plans to improve the emergency upgrade signaling mechanism.

Odaily News: The whale known as "Setting 10 Big Goals First" posted on X to update the progress of its previous BTC short position. The whale stated that it had established a short position when BTC was in the $74,000-$76,000 range. When the price rapidly surged to around $79,500, it reduced most of the position. Although some short positions were re-established near $78,000 afterward, the early moves had already resulted in realized losses of approximately $10 million.

The whale stated that despite BTC briefly falling back to around $76,000 over the weekend, reducing the position at that time still aligned with its trading discipline. As for the remaining position, the original plan was to set a hard stop-loss near $80,400. However, considering that if BTC's daily chart were to reclaim the $78,000-$78,500 level after the US stock market opens, it would close the position early and accept the loss. The whale claimed that even if this trade ultimately results in a loss, it is acceptable, as it does not want to miss out on a potential trend move from $80,000 to $100,000 in the future because of chasing back a single loss.

In its latest reply, the whale confirmed that it has closed the remaining BTC short position and stated, "This trade is completely over."

Odaily News: The U.S. Department of the Treasury has expanded its sanctions framework against Iran to include the digital asset sector, stating that related crypto payments exceeding $100 million have been used to facilitate Iranian crude oil sales. The Treasury's Office of Foreign Assets Control (OFAC) has also imposed sanctions on nearly 60 entities, individuals, and vessels involved in nuclear, missile, cyber, and crude oil networks.

This digital asset-related sanctions designation allows OFAC to sanction foreign individuals and companies operating in Iran's digital asset sector or providing support services to related fields. The U.S. Treasury stated that Iran is increasingly using cryptocurrencies to evade sanctions, including processing transactions linked to Iran's Islamic Revolutionary Guard Corps (IRGC) and government insiders.

The U.S. Treasury stated that Ivan Obukhov, a Ukrainian national based in the UAE, has processed over $100 million in crypto payments since 2023 to facilitate crude oil sales on behalf of the IRGC's Quds Force. OFAC has added Ivan Obukhov and his UAE-based company, Foscom FZE, to the sanctions list. (Cointelegraph)

Odaily Planet Daily News Stablecoin issuer Tether entered Uruguay in May 2023, planning to carry out sustainable Bitcoin mining with a locally licensed company and invest in energy production. The project established two mining sites in the Florida province, with an estimated investment of $60 million each, totaling approximately $120 million.

Uruguay's state-owned power company, UTE, and Tether disagreed over the capacity of the power supply contract. Tether's Uruguayan entity, Microfin, stopped paying electricity bills in May 2025 and notified UTE of its intention to terminate the contract in June. On July 25, UTE cut off power to the mining sites. Microfin owed nearly $5 million, with monthly electricity costs of around $2 million.

Tether notified Uruguay's labor authorities on November 25, 2025, of its decision to cease operations, eliminating 30 of the 38 local jobs. UTE stated that Microfin had settled its outstanding debt by December. In 2025, 98% of Uruguay's electricity generation came from renewable sources. (Bitcoin.com News)

1. Tom Lee: Bitmine's ten-year vision is to bet on Ethereum becoming the dominant public chain for tokenization and AI applications;

2. Upbit operator Dunamu responds to Nasdaq listing: Confirms contact with the US SEC and CFTC, plans to establish an IPO committee;

3. EntropyIO completes $14 million funding round, led by Ribbit Capital;

4. Morgan Stanley increases its BTC holdings by approximately 100 coins again, with total holdings surpassing 7,000 coins for the first time;

5. Account balance grows nearly 200-fold, Machi Big Brother opens $113 million long positions in BTC and ETH;

6. BTC breaks stop-loss price, two short positions under "First set 10 big goals" expected to incur floating losses of $9.86 million;

7. CASHCAT hits all-time high, a whale invests $1.49 million to buy 13.64 million tokens, yet unrealized profit stands at $1.3 million;

8. Hedge funds significantly reduced US stock holdings last week, ending three consecutive weeks of net buying.

Odaily News: Circle has minted approximately 1 billion USDC on the Solana blockchain over the past 24 hours.

Odaily News: According to Lookonchain monitoring, two addresses likely belonging to the same whale closed their BTC long positions 1 hour ago, having held them for nearly 2 months, realizing a profit of $11.6 million.

Odaily星球日报讯 以太坊社区发布“支持后量子计算的存款合约”EIP 提案。提案拟引入支持可变长度公钥与凭证元数据的新合约，并引入明确的方案标识符，其中方案 0 保留给当前 BLS 存款。新合约不再依赖旧存款合约的默克尔树结构，而是通过 EIP-7685 日志衍生的执行请求将存款信息传递至共识层。该合约设有由协议系统调用控制的不可逆模式：存款初始禁用，在指定时间戳启用 BLS 存款，并在更晚的时间戳永久停用 BLS 存款，且不可重新启用。迁移期间，执行客户端需合并新旧合约的存款请求。