According to an announcement from the Hong Kong Stock Exchange, China's largest chess and card game company, Boyaa Interactive, will increase its holdings of cryptocurrencies. Currently, it is expected to purchase approximately $45 million worth of Bitcoin and $45 million worth of Ethereum, and will also spend up to $10 million to purchase USDT and USDC stablecoins.
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Boyaa Interactive, China’s largest card game company, plans to spend $90 million to buy Bitcoin and Ethereum
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Cointime August 17th News Express
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A whale liquidated WBTC positions built in the past 10 months 6 hours ago, with a cumulative profit of 14.26 million US dollars
According to AI aunt's monitoring, the giant whale 0x3c9...8f757 cleared the WBTC built up over the past 10 months six hours ago, with a total profit of about $14.26 million.Starting from October last year, he withdrew 618 WBTC in batches from Binance, with an average price of only $39,899; and gradually reduced his position after BTC reached a new historical high, with an average selling price of $62,921, selling tokens worth a total of $38.89 million. -
Ethereum network gas fee falls back below 1 gwei
According to Etherscan data, the current Ethereum network gas fee has fallen below 1 gwei, currently at 0.937 gwei. -
Asset Management Firm Franklin Templeton Files S-1 for New Crypto Index ETF
On August 17th, Franklin Templeton, an asset management company, is seeking to launch a new exchange-traded fund (ETF) that aims to be a one-stop-shop cryptocurrency investment portfolio, according to a document dated August 16th. The document states that the Franklin Crypto Index ETF will track the performance of the CF Benchmarks Digital Asset Index, which currently only includes Bitcoin and Ethereum. The document states that "the fund will achieve its investment objective by investing in digital assets with weights that are roughly similar to those of the underlying index," and that the ETF may hold other types of cryptocurrencies in the future. -
VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
According to X user @SummersThings, the 19b-4 form for VanEck and 21Shares Solana ETF seems to have been removed from the CBOE website on August 17th. The documents SR-CboeBZX-2024-066 and SR-CboeBZX-2024-067 are no longer accessible through direct links and are no longer visible in BZX pending rule changes. -
Cointime August 10th News Express
1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs -
Ethereum ACDC #139: Pectra's Devnet 2 upgrade is under debugging, and the release date of Devnet 3 is still to be determined
Christine Kim, Vice President of Galaxy Research, summarized the main content of the 139th ACDC conference call. The debugging of Pectra's upgraded Devnet 2 is currently underway, and the release date of Devnet 3 is yet to be determined. Developers will hold weekly testing update meetings starting from Monday to better coordinate the release of Pectra's Devnet. The decision to include EIP-7688 in Pectra's upgrade has been postponed again. -
Runecoin: Season 2 is about to start, with mechanics and timing being the priority
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Ethereum network gas fee drops to 1 gwei
According to Etherscan data, the current gas fee on the Ethereum network has dropped to 1 gwei. -
The IRS released a draft of a new crypto tax form that no longer requires investors to fill in wallet addresses and transaction IDs
The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version.Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DA from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users paying US crypto taxes.The newly released update to form 1099-DA is more streamlined than the IRS's initial tax filing draft released in April. The item for investors to fill in wallet addresses and transaction IDs has been removed (which sparked privacy concerns when the form was first released), and it is no longer required to fill in the time of the relevant transaction, only the date.Drew Hinkes, a partner at Miami law firm K&L Gates and a cryptocurrency lawyer, said the updated form "has greatly improved, reduced the burden of reporting, and significantly reduced the required data reporting."
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