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SanDisk (SNDK) perp contract on Binance has surpassed two of the largest crypto assets, Bitcoin and Ether, in trading volume. The TradFi asset SNDK attracted more than $7.38 billion in volume over the past 24 hours.
During that period, BTC and ETH saw only $6.11 billion and $4.57 billion, respectively, according to Binance market data. This wasn’t a sudden move, actually. As of August 17, SNDK was the third-biggest perp on Binance, with a 24-hour trading volume of around $3.71 billion. As of then, the stock contract carried $1.73 billion in open interest, 1.86 times SPCX’s $928 million and 3.51 times SKHX’s $493 million.
SDNK flips BTC and ETH in trading volume
SDNK pushed to a high of $1,693 earlier today before settling at $1,641 at the time of writing. The price has risen over 35% from the $1,213 low in less than two weeks. It appears that interest in stock perpetuals is beginning to overshadow that in major altcoins, at least on Binance, based on trading volume. Of all the top 10 traded perpetual contracts on Binance in the last 24 hours, half were TradFi contracts.
Following SNDK are SKHYNIX with $2.48 billion in volume, KORU at $1.84 billion, SOXL at $1.82 billion, and SPCX at $1.35 billion, according to Binance market data at the time of writing. Binance began introducing tokenized stocks in June under the bStock program, which is now the second-largest issuer of tokenized stocks by market cap, per earlier reporting by Cryptopolitan.
On August 13, bStock recorded a market cap of up to $610.6 million, or 22.1% of the entire sector, surpassing xStocks at $601.2 million. Ondo Finance led with $951.8 million and a 34.4% share.
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The Singapore International Commercial Court (SICC) has authorized the freezing of about S$75 million ($58 million) in Bitcoin and USD Coin (USDC) in a crypto legal battle that has dragged on for years. The episode began after a customer received coins that were never meant for them because the unnamed exchange was looking at an outdated ledger when it initiated the transfer.
Observers are now drawing parallels between this episode and the Bithumb customers who quickly withdrew tokens that were wrongfully sent to them after an employee error. The Singapore court granted an interim proprietary injunction on March 26 in the case listed on its eLitigation service as DVA and another v DVC [2026] SGHC(I) 4. International Judge David Goddard, who sat with High Court Justice Aidan Xu and International Judge Anthony Meagher, delivered the rulings. The claimants appear as DVA and DVB, the customer as DVC.
Singapore court suspends transfer amid dispute
The Singapore court documents did not name the crypto platform litigating the wrongful transfer case, only going as far as describing the claimant as one of the world’s largest digital-asset trading operations. But the judgment revealed that the customer has used the platform since around 2013, founded his own blockchain in 2016, and set up a cryptocurrency exchange of his own. Apparently, the unnamed exchange discontinued support for its specialized self-custody wallet product in April 2018.
However, users were not immediately cut off, as there was a period after the exchange wound down the service during which they could still use a third-party open-source tool to access wallets. As for how the wrongful transfer happened, the exchange’s systems continued to show that the customer named in the lawsuit still had 2,500 Bitcoin and 2,500 Bitcoin Cash in their specialized wallets when, in fact, they had already emptied those accounts in March 2020.
The first transfer, per court records, saw 2,500 BTC leave the wallet on March 2, 2020, landing in an account registered on a cryptocurrency exchange that the customer founded. The transfer of 2,500 BCH was initiated six days later. 250 of those coins went to Binance, ruling out the exchange as a potential claimant or defendant in this case. The problem with these withdrawals was that the platform’s internal ledger just never logged them. Hence, the exchange continued to send reminders to the customer to move their tokens for up to four years after the actual withdrawals.
A help offer from a relationship manager in June 2024 turned up an automated “remediation tool” in July that ended up with the exchange sending 2,500 BTC and 2,500 BCH of its own holdings to the customer in what appears to be a classic double-spend incident. The platform clawed back the 1,700 BTC and 2,500 BCH in the customer’s wallet when it caught the mistake on January 29 2025. The customer has resisted the refund request on the missing balance, insisting on their claim to the disputed tokens as part of a defense strategy that disagrees with the platform’s version of events.
The interim order bars the customer from selling, moving, or reducing the value of about 780 BTC and 816,773 USDC, along with any profits, interest, or assets derived from them. The court also ordered him to disclose where the disputed coins and their proceeds now sit, which matters because later transactions have made some of them hard to trace. The judges did not give the platform everything. They refused, for now, to let it use that disclosure to chase similar freezes in other countries, leaving it to apply again later if needed.
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The countdown to AIBC World 2026 has begun, alongside anticipation building ahead of one of Europe’s most significant gatherings dedicated to frontier technology this November. Rome will become the meeting point for leaders across AI, blockchain, fintech, gaming and digital innovation as AIBC World brings together the companies, investors and decision-makers shaping the next stage of the digital economy.
Under the theme of connecting frontier technology with real-world applications and digital scalability, AIBC World 2026 will unite AIBC, SiGMA, FX.World and AGS for a major cross-industry gathering focused on collaboration, innovation and business opportunities.
The event is set to welcome 1,000 exhibitors, 300 speakers and 30,000 delegates, creating a global platform where technology leaders, entrepreneurs and investors can connect, exchange ideas and explore new opportunities across emerging sectors.
AIBC Hall: a dedicated hub for blockchain and AI innovation
One of the major highlights of AIBC World 2026 is the introduction of the new AIBC Hall at Fiera Roma.
Located in Hall 7, the dedicated space will bring together blockchain and AI service provider (PSP) companies in a single, concentrated environment. Recognised as one of Europe’s largest dedicated blockchain expo spaces, the AIBC Hall will provide attendees with direct access to the infrastructure providers, exchanges, custody solutions driving the evolution of the digital economy.
Beyond the exhibition floor, the AIBC Hall will also feature a dedicated AIBC Stage, hosting expert-led panels and discussions covering the latest developments, challenges and opportunities across blockchain, AI and emerging technologies.
By combining exhibition, thought leadership, and industry connections in one space, AIBC Hall will create a dedicated environment for companies, innovators, and decision-makers to exchange ideas, build partnerships, and explore the technologies of digital industries.
A global platform for innovation, business and collaboration
Hosted at Fiera Roma, one of Europe’s largest exhibition venues, AIBC World 2026 will provide the scale and facilities required to welcome thousands of international attendees.
Across the exhibition floor and conference stages, visitors can expect perspectives on the latest developments across blockchain, artificial intelligence, digital assets and emerging technologies. The event will bring together established industry players, innovative startups, and technology pioneers to discuss the trends shaping the global digital landscape.
Confirmed exhibitors include leading names such as Blockchain.com, Transak, Gate, CertiK, BitGo, Fireblocks, Bybit, BIT.COM, Chainalysis, TradingView and Alchemy Pay.
The conference programme will feature influential founders, investors, policymakers and technology executives, including Tim Draper, Founder of Draper Associates; Reeve Collins, Chairman and Co-Founder of STBL & WeFi; Felix Fan, CEO of Trust Wallet; Arthur Breitman, Co-Founder of Tezos; and Brando Benifei, Member of the European Parliament.
Spotlighting emerging technology startups
AIBC World 2026 will continue to support the next generation of innovators through the AIBC Startup Pitch competition.
Open to startups working across crypto, blockchain, Web3 and artificial intelligence, the competition provides selected founders with the opportunity to present their solutions to investors, accelerators and industry leaders. Six finalists will advance to the live on-stage competition, showcasing high-potential projects from across the global emerging technology ecosystem.
Networking opportunities beyond the exhibition floor
Beyond the exhibition and conference programme, AIBC World 2026 will offer exclusive opportunities for attendees to connect with global technology leaders, investors and innovators.
From the iGathering Networking Cocktail at Lanterna di Fuksas and the SiGMA Nexus Elite Golf Tour to the AIBC & FX Awards, the event will bring together the community through a series of premium experiences. Held in the historic setting of Rome, the AIBC & FX Awards will celebrate the leading performers across AI, crypto, blockchain, fintech and emerging technology, with winners announced during an exclusive ceremony featuring recognition, connection and a charitable art auction.
Join AIBC World 2026 in Rome
As AI, blockchain and digital finance continue to reshape industries worldwide, AIBC World 2026 arrives at a defining time for the technology ecosystem.
With a dedicated exhibition hall, a strong international speaker lineup, leading exhibitors and a programme designed around innovation and collaboration, the event is set to become a key meeting point for those building, investing in and shaping the future of frontier technology.
As Rome prepares to welcome the global technology community this November, now is the time to secure your place at AIBC World 2026 and join the conversations driving the industry forward.
Disclaimer: The content within the Sponsored Insights and Press Release category has been provided by our partners and sponsors. The views and opinions expressed in these articles are those of the authors and do not necessarily reflect the official policy or position of our website. While our team takes care to share valuable and reliable content, we do not take responsibility for the accuracy, completeness, or validity of any claims made in these sponsored articles and Press Releases. Readers are encouraged to conduct their own research and due diligence before making any decisions based on the information provided in Sponsored Insights.
The post AIBC World 2026 countdown begins ahead of Rome’s frontier technology summit first appeared on Coinfea.

South Korea has approved the integration of Ripple into the country’s banking system on the same day a media watchdog voted to cut off access to the prediction market Polymarket. Regulators in South Korea have joined a widening crackdown against Polymarket while approving Ripple’s partnership with Jeonbuk Bank.
Ripple (XRP) has announced that Jeonbuk Bank will run cross-border business remittances over Ripple Payments, making it the first regional lender in the country to adopt the service. Traditional transfers have to be routed between intermediary banks on the SWIFT network, and this process can make transactions take days to clear. However, Ripple offers a route that settles in seconds to minutes and runs around the clock. The service is aimed at the bank’s importers, exporters, IT startups and online content creators. Jeonbuk is Ripple’s third Korean partnership of 2026, following a tokenized government-bond trial with Kyobo Life Insurance and a custody and wallet deal with internet-only Kbank.
South Korea votes to cut off access to Polymarket
Despite these partnership announcements in South Korea, XRP slipped under $1 to 98 cents in Asian morning trading on Tuesday, its weakest level since November 2024 and the worst performer among major coins over the day and week. The decline might be due to RLUSD, Ripple’s dollar-pegged stablecoin, which now does much of the institutional settlement work. Tokenized real-world assets on the XRP Ledger are worth roughly $1.38 billion, and $845 million of that is RLUSD, representing more than three-fifths of the total value.
RLUSD’s circulating supply reached approximately 1.71 billion tokens, with a market capitalization of around $1.71 billion. Ripple minted another 10 million RLUSD on the XRP Ledger on August 17. Despite the drop in XRP’s price, traders are still leaning long, with futures open interest near $2.78 billion. On the same day that the Ripple deal advanced, the Korea Media and Communications Standards Commission, another regulator in South Korea, voted to block domestic access to Polymarket, stating that the platform facilitates gambling under the Criminal Act and the National Sports Promotion Act.
The commission explained that because payouts hinge on events users cannot control and winners take the entire pot, the design “fuels gambling psychology.” It also noted the fact that Polymarket sets the markets, runs the settlement rails, and collects trading fees. Polymarket argued it had removed Korean-language services and won-denominated payments and therefore fell outside Korean law, but the regulator rejected that, saying technical features cannot exempt a platform providing “a real illegal gambling environment to domestic users.”
Cryptopolitan has been tracking the situation since the Korean police opened the country’s first criminal investigation into local Polymarket bettors after heavy trading around the June 3 national election. The commission began deliberations on July 6 after referrals from the National Police Agency. Beyond South Korea, more than 30 countries, including Italy, Indonesia, and Argentina, have blocked or limited Polymarket.
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OpenAI has started rolling out a version of ChatGPT built specifically for Teens aged 13 to 17. The rollout comes after OpenAI has been dragged through the courts over lawsuits tying ChatGPT conversations to teen suicides.
OpenAI is rolling out a new version of its flagship chatbot, ChatGPT, which will automatically place users aged 13 to 17 in the teen version. Users under 13 are barred from ChatGPT entirely. Even if teens try to trick the system by signing up with a fake birthdate, the system will consider signals such as the topics an account discusses, the hours it is active, and how long it has existed, in order to decide if a user is under 18 or not. Users who are still wrongly sorted can get their age verified through Persona, a third-party firm that reviews a government ID or a live selfie and deletes the upload within seven days.
OpenAI VP details benefits of new model to teenagers
Ann O’Leary, OpenAI’s vice president of global policy, said the goal is to stop exposing teens to material “they shouldn’t be exposed to.” Parents who link an account to a teen user can lock access to the chatbot at chosen times. They also receive alerts in limited high-risk cases, although OpenAI says the controls do not let them read a teen’s messages. OpenAI also said the teen ChatGPT version brings together its existing safety features rather than create new ones.
For instance, the age prediction feature has existed since the start of the year, while OpenAI’s parental controls and study mode were launched roughly a year ago. The company first revealed its plans for a teen tier in September 2025. The Federal Trade Commission (FTC) also made an official inquiry into OpenAI, Meta, Alphabet, xAI, Snap and Character.AI over how they protect minors around that period. The FTC specifically targeted “companion” chatbots following multiple tragic incidents, including the suicide of a 16-year-old who had interacted extensively with ChatGPT.
A 2025 study from Common Sense Media found more than 70% of U.S. teens have used AI chatbots for companionship, and half use AI companions regularly. A separate study found that ChatGPT would, when asked, tell 13-year-olds how to get drunk and high, hide an eating disorder, or draft a suicide note. Sam Altman has called emotional overreliance on the technology “a really common thing” among young people.
The teen experience will be available for eligible accounts on either free or paid personal plans. From August 18, the teen version will be available for eligible accounts with no restrictions for free accounts. The company is also planning a full rollout in Australia, expected by September 8.
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HTX-linked transfers have raised concerns after several wallets received USDT from addresses associated with the exchange.
Users fear the transactions could trigger compliance reviews, account freezes, or blocked activity across centralized and decentralized platforms.
Multiple wallets reportedly received small transfers linked to HTX, formerly Huobi. A token contract for a new HTX asset interacted with thousands of addresses on BNB Smart Chain. Other users reported receiving USDT from an address identified as HTX48.
An HTX ambassador said the exchange did not intentionally distribute assets and described such behavior as inconsistent with normal operations. Justin Sun, TRON founder and HTX owner, had not responded to questions about the reported spam activity. Sun has focused on artificial intelligence projects, including bonus tokens and access to a new model.
HTX Transactions Prompt Compliance Concerns
The activity has been described as compliance poisoning rather than a traditional dust attack. Standard dust attacks often attempt to confuse users into sending funds to incorrect addresses.
Exchanges in the European Union and other regions increasingly screen wallets and trace links to sanctioned entities. Binance has not confirmed whether it will specifically screen dust transfers. However, users remain concerned that interaction with HTX-linked addresses could trigger checks.
Some users said traders and crypto influencers may be particularly exposed to such reviews. Several key opinion leaders and industry participants have reported exchange accounts being frozen after receiving the transfers during recent reported activity.
Dusting History Shows Different Enforcement Outcomes
Similar incidents occurred after the United States sanctioned Tornado Cash. In one case, a user spent $50,000 sending dust transactions to multiple addresses connected with prominent individuals.
Those transfers did not result in all affected wallets or exchange accounts being banned. The US Office of Foreign Assets Control later determined that passive receipt of immaterial funds did not make recipients participants in sanctioned activity.
Recent HTX-linked transfers are larger than typical dust transactions, reaching as much as 12 USDT. The reported activity also involves genuine tokens rather than newly created or counterfeit assets.
Wallet Screening Practices Vary Across Platforms
Compliance procedures differ among exchanges and brokerage platforms. Binance has applied strict controls in some cases, including freezing accounts after suspicious transactions. Other platforms may flag incoming transfers while allowing users to move the assets back to self-custodial wallets.
The source states that wallets withdrawing from HTX after May 26 are considered sanctioned. It also says Hyperliquid and some decentralized finance protocols have started blacklisting related addresses.
HTX was included in a wider sanctions-related exchange crackdown. Binance froze transactions involving HTX, Exmo, and 14 other exchanges. Critics argue such measures may burden legitimate users while diverting resources from investigations into actual on-chain crime.
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Uniswap founder Hayden Adams says automated market makers could play a central role as tokenization reshapes markets.
His argument comes as demand grows for always-on infrastructure and more assets move onto blockchain-based trading systems.
Adams believes blockchains separate execution, custody, and settlement into distinct layers, unlike traditional market makers that combine those functions. He argues this structure can reduce barriers by avoiding the need for firms to manage every part of trading.
Why Uniswap Sees AMMs Suited to Tokenized Assets
Adams says AMMs are particularly effective for closely related asset pairs, where passive liquidity can face lower inventory risk. He also says these markets can offer costs that remain competitive with large professional trading desks.
His view is that continued migration of assets onchain will reorganize trading around related pairs and a limited number of cross-chain routes. Adams also expects this shift to widen market access as tokenized markets develop.
He has further suggested that passive AMM strategies could eventually operate similarly to index funds. The comments extend his defense of automated market makers in blockchain-based finance.
In January, Adams rejected criticism that liquidity providers are structurally undercompensated in AMMs. He pointed to growth in Uniswap pools and argued that AMM liquidity can be reused as collateral more easily than alternatives.
Tokenized Market Issuance Reaches $34.55 Billion
The latest comments arrive as tokenized real-world asset activity continues to expand. DeFiLlama data cited by Cryptopolitan showed RWA deposits rising from $650.88 million to about $3.98 billion within twelve months.
That increase represents roughly sixfold growth over the period. Total tokenized issuance across the sector has reached $34.55 billion, according to figures cited in the report.
Uniswap has also expanded its involvement in tokenized equities. As of August 13, the protocol supported more than 190 Robinhood stock tokens across its protocol, applications, and API.
One tokenized SPY trading pair recorded $33 million in volume over twelve days. The activity reflects Uniswap’s effort to participate in global, self-custodial, round-the-clock tokenized markets.
Uniswap Expands Tools for Regulated Token Issuers
In July, Uniswap introduced Permissioned Pools through a v4 hook designed for regulated tokenized markets. The feature limits trading access to wallets approved by the relevant issuer.
Tokenization companies Securitize, Superstate, and Dowgo were named as launch partners. The initiative allows issuers to use Uniswap infrastructure while maintaining approved-wallet trading restrictions.
Despite the broader tokenization push, UNI did not mirror the sector’s growth. CoinMarketCap listed UNI near $3.25 on the day of Adams’ post, with a market capitalization of about $2.03 billion.
That valuation remained below levels recorded earlier in the year, even as Uniswap increased its participation in tokenized assets and related trading infrastructure.
The post Uniswap Sees AMMs Driving Growth Across $34.55 Billion Tokenized Markets first appeared on Coinfea.

Pando Rings oracle exploiter activity returned on August 18 after the wallet remained inactive for two months.
The address linked to the 2022 hack swapped 3 million DAI for about 1,570 ETH through CoW Protocol. Blockchain tracker Onchain Lens reported that roughly 800 ETH, valued near $1.52 million, then moved to Tornado Cash across eight transactions.
The renewed activity follows years of intermittent movement from funds connected to the exploit. It came three days after Pando announced that its protocol would be sunset and its DeFi products placed into maintenance mode under Mixin oversight.
Pando Rings Hack Began With Oracle Manipulation
The original attack occurred on November 5, 2022, when the exploiter manipulated the price of the sBTC-WBTC liquidity provider token on 4swap. The distorted oracle price was used in an effort to withdraw about $70 million in crypto.
Before the team intervened, around $21.9 million in ETH, EOS, and BTC had already left two Mixin wallets controlled by the attacker. Pando later worked with Mixin Network and cybersecurity company SlowMist to freeze remaining assets.
Those frozen holdings included 2,022,662 EOS, then worth about $2.36 million, alongside other tokens valued above $50 million. Pando suspended Pando Rings, 4swap, Pando Leaf, and Pando Lake while the oracle issue was addressed and said customers would be reimbursed.
Exploiter Converts DAI Into Ether
The same address has resurfaced periodically since the hack. Lookonchain reported on June 6 that the wallet used 10 million DAI to purchase 6,243 ETH at an average price of $1,602.
The tracker commented that “even the hacker is buying the $ETH dip.” This week’s transaction again converted stablecoins into Ether, but part of the ETH was subsequently transferred through Tornado Cash.
Tornado Cash remains watched because it can make transaction links harder to follow. However, mixer activity can still draw attention from blockchain investigators monitoring known exploit addresses and fund movements.
PANDO RINGS EXPLOITER MOVES AFTER 2 MONTHS The Pando Rings exploiter became active again after two months, swapping 3M $DAI for 1.57K $ETH (~$3M) via CoW Protocol. It has since sent 800 $ETH (~$1.52M) to Tornado Cash across eight transactions. Pando Rings was exploited for… pic.twitter.com/r0rbP2zyjB
— Onchain Lens (@OnchainLens) August 18, 2026
Pando Winds Down While Old Funds Move
Tornado Cash was sanctioned by the US Treasury in August 2022. It was removed from the sanctions list on March 21, 2025, after a federal appeals court ruled that immutable smart contracts could not be treated as property under sanctions law.
Pando announced on August 15 that it was discontinuing the protocol and moving its DeFi products into maintenance mode. Pando Rings now supports only loan repayments and collateral withdrawals.
Immunefi data shows oracle-related ecosystem attacks have become less common. Such incidents fell from nearly 19% of DeFi loss cases in 2022 to under 1% in 2025. The latest transactions show that funds tied to older exploits can remain inactive for years before moving again.
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xAI challenges Minnesota’s HF 1606, restricting AI tools generating sexual images of identifiable people.
Attorney General Keith Ellison urged a federal judge Friday to reject xAI’s effort, calling Grok Imagine technology, not protected speech. The hearing is Wednesday.
Ellison said xAI is unlikely to win its constitutional claim or show irreparable harm. He wrote, “With Grok Imagine, X.AI has created an unparalleled marketplace for digital sexual violence, and the state would be defenseless from the start unless it could direct its laws at the technology itself.”
HF 1606 Targets AI Providers Directly
HF 1606 bars companies from enabling realistic images showing intimate parts absent from an identifiable person’s original photograph, or producing them. Violations can reach $500,000 per image, and depicted people may sue.
Unlike many deepfake laws, including the federal Take It Down Act, Minnesota requires neither knowledge nor intent. Texas contacted operators in 2025 when owners knew consent was absent or ignored takedown notices.
The House passed HF 1606 by 132 to 1 and the Senate 65 to 0 after reports that a man created sexual images of over 80 women he knew. Signed in April, it took effect August 1.
xAI sued July 27 and sought a temporary restraining order July 29. Judge Donovan Frank denied it July 31, saying the nearly three-month delay and three-day timing showed “harm is not immediate.”
xAI Argues Law Reaches Consensual Content
xAI accepts Minnesota’s interest in preventing nonconsensual imagery but says the statute goes further. It says Minnesota borrowed an intimate-part definition from bodily-contact crimes covering breasts and inner thighs, potentially reaching swimsuits and satire.
Page 19 cites a May 1 AI image Trump shared on Truth Social showing JD Vance, Marco Rubio, Doug Burgum, an unidentified woman, and the men shirtless in the Lincoln Memorial Reflecting Pool as a repair-cost joke. xAI says newly depicted breasts could make it unlawful.
“Even if subjects gave their consent, generated the images themselves or never shared them, there is no safe harbor for good-faith efforts by the provider of general-purpose AI creative tools,” xAI said. It calculated ten violations could cost $5 million and 100,000 violations $50 billion.
Grok Abuse Scale Draws Wider Scrutiny
xAI’s July filing showed 52,222 suspensions and 73,604 reports to the National Center for Missing and Exploited Children, producing at least 244 arrests in 2026.
The Center for Countering Digital Hate estimated Grok created about 3 million sexually explicit images from December 29 to January 8 after Musk endorsed editing features, including about 23,000 appearing to depict children.
California opened an investigation January 14 and issued a cease-and-desist two days later. Thirty-five attorneys general issued a joint demand January 23. Ellison cited a class action by five children and federal suits from two Arkansas families. The European Commission opened an investigation January 27, while Malaysia and Indonesia banned the chatbot.
The post xAI Minnesota Law Fight Escalates Over AI Sexual Images first appeared on Coinfea.

ByteDance and the Motion Picture Association have signed a memorandum of understanding to build copyright guardrails into the company’s Seedance and Seedream AI generators, the first deal of its kind between Hollywood’s main studio lobby and an AI firm, according to the Los Angeles Times.
The truce ends a dispute that broke out approximately six months ago. The controversy dates back to a clip created purely by AI of Tom Cruise trading blows with Brad Pitt, built with Seedance, and then spreading widely all over the internet. On February 20, MPA global general counsel Karyn Temple wrote to ByteDance general counsel John Rogovin, the Los Angeles Times reported, arguing that Seedance 2.0 had been trained on protected material and was turning out unauthorized clips of characters such as SpongeBob SquarePants alongside a recreated scene from “Stranger Things.”
ByteDance ends feud with MPA with copyright deal
Variety reported that the trade group accused ByteDance of “disregarding well-established copyright law that protects the rights of creators and underpins millions of American jobs” on a supposedly “massive scale.” Disney and other studios also objected to tools that could reproduce Marvel and Star Wars figures without permission, The News reported. The MOU then announced on Monday that it has created a structure covering ByteDance’s generative products, reaching users through TikTok, its separate U.S. TikTok app, CapCut, and Dreamina.
The MPA did not release the details of the specific barriers and deterrents in the deal to the public, the Los Angeles Times reported. Both companies have, however, pointed to newer releases as evidence that these safeguards have been initiated, with ByteDance claiming both Seedance 2.5 and Seedream 5.0 Pro, shipped last month, carry stronger IP protections. “Today’s agreement illustrates our belief that copyright is a cornerstone of the film and television industry,” MPA Chairman and CEO Charles Rivkin said in a statement.
He also added that the deal “reflects our shared determination to continue our work together to further fortify those guardrails.” ByteDance general counsel John Rogovin said the company “respects the intellectual property rights that underpin creative industries around the world” and said the MOU was “an important framework for continued collaboration as the technology evolves.” ByteDance is not the first AI company the MPA has pressured into concessions on its AI product.
The association had initially gone after OpenAI’s Sora before the firm added limits, according to Variety, with OpenAI eventually shutting Sora down earlier this year after a similar wave of unauthorized character videos. However, instead of fully retreating and shutting down its products, ByteDance is taking a different path, pouring more funds into Seedance, which is reportedly one of the most advanced video models available, alongside Google’s offerings.
The Los Angeles Times reported that Seedance has gained ground with independent filmmakers who find it cheaper than rival tools, a development that gives ByteDance a commercial reason to keep the studios afloat instead of completely disengaging from the market.
The post ByteDance inks first AI copyright deal with Hollywood’s MPA first appeared on Coinfea.

Unitree Robotics revealed its ‘Superman’ humanoid robot on Monday, with a reported top running speed of 12.66 meters per second and a two-meter standing jump, beating every human on record. The reveal comes only two days before Unitree starts publicly trading in Shanghai, after one of the most oversubscribed tech listings the market has seen.
Superman cleared a two-meter standing high jump on legs measuring 0.85 meters, and hit 12.66 m/s, which is equal to 45.6 km/h in speed. The human marks the robot beat for the respective actions are a 1.8-meter standing jump and a 12.4 m/s sprint. Usain Bolt reached a max speed of 12.42 m/s during his 2009 world-record race, meaning the ‘Superman” robot is faster than the world’s fastest man ever managed, if Unitree’s figures hold.
Unitree Robotics’ Superman robot hits record top speed
The robotics company has, however, not released any independent verification for these figures, with the numbers all coming from a company video and not an independently measured event. Unitree also stated that its engineers built the robot in a little over three months, and that the humanoid robot’s current hardware leaves plenty of room for improvement. The company’s founder, Wang Xingxing, hinted at the possibility back in March at the Yabuli China Entrepreneurs Forum.
He predicted that humanoid machines would break human sprint limits by mid-2026, referring to cheaper parts and better algorithms as the reason for such a possibility. The robotics company had introduced the As2W some weeks before, a wheeled quadruped robot built for cargo. The As2W weighs 25 kilograms, can carry a recorded max load of 180 kilograms, and can move a cargo of up to 16 kilograms continuously.
Unitree priced its coming IPO listing at 150.8 yuan and raised about 6.1 billion yuan, almost $905 million, in a deal that places the company’s valuation at about $9 billion. The IPO was oversubscribed by over 5000 times, and the company raked in 45% more than the 4.2 billion yuan it had initially targeted.
Real revenue also adds to the valuation, as sales hit 1.7 billion yuan last year, more than four times the 2024 figure, with net profit of 591 million yuan. Unitree sold over 5,500 humanoid units across all its G1, H1, and R1 units in 2025, with most of these going to research labs and entertainment buyers instead of factories and manufacturers.
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United States President Donald Trump is set to host crypto companies and prediction market businesses at the White House on Wednesday for a private conversation about regulation, with several major industry names expected in the room. President Donald Trump is expected to speak at the gathering, and CFTC Chair Mike Selig is also scheduled to address those attending.
The companies expected to take part include Coinbase, a16z, Ripple, Chainlink, Kalshi, Paradigm, and the Digital Chamber. Paradigm is one of Kalshi’s investors. Patrick Witt, who leads Trump’s presidential council of advisers on digital assets, is also expected to attend. The White House meeting will take place one day before the CFTC holds its first gathering of its newly created 35-member Innovation Advisory Committee on Thursday. Earlier, the Office of the Comptroller of the Currency, an agency within the Treasury Department, granted conditional preliminary approval to a national trust bank application linked to World Liberty Financial, the crypto business launched with Trump and members of his family.
Donald Trump to host crypto execs at the White House
World Liberty Trust Company applied for the license in January. The company would get permission to issue the USD1 stablecoin on its own and also to keep the dollars backing the token. At present, BitGo is doing this job for World Liberty Trust Company. World Liberty described the OCC approval as a “milestone” in its plans to establish the bank. Zach Witkoff is the president and chairman of World Liberty Trust.
“A national trust bank brings USD1 issuance, custody, and reserve management together under OCC supervision, examined on the same standards that have governed banks for generations. We welcome continuous scrutiny from Federal regulators for many years to come,” he said. World Liberty still has to maintain at least $20 million in capital, bring in a qualified employee to manage internal auditing, and notify the OCC before making any major changes to the business plan it submitted.
Ripple and Circle Internet Group have been granted provisional OCC approvals for a national trust bank charter through Comptroller Jonathan Gould, who was appointed as the Comptroller by Trump just last year. It also raised issues related to the investors of the crypto firm. According to the OCC, foreign investors associated with the parent company would not necessarily be considered as the owners having control over the bank. Some of the foreign investors had agreed to remain passive and would not seek to control the decision-making process of the bank.
Eric Trump, Donald Trump’s son, was among those who signed one of the agreements. He did so while serving as president of an investment entity connected to the Trump family. Zach is the son of Steve Witkoff, Trump’s special diplomatic envoy. The Witkoff family helped launch World Liberty Financial with Trump and his three sons in late 2024, and Zach currently serves as the company’s CEO. Robert Witkoff, Steve’s brother and a former insurance company executive, is expected to serve as a director of World Liberty Trust.
Scott Alper, who is president of the Witkoff family’s real estate business, has also been put forward as a proposed director. Lawmakers from the Democratic Party have stated that there would be a conflict of interest if a bank owned by the family members of the president was approved. During a congressional hearing in February, they pressured Jonathan to provide full and unredacted copies of World Liberty’s application for lawmakers to see in private. The publicly available copy lacked certain details on the capital structure and operations of the company.
The post Donald Trump to assemble crypto CEOs, set to discuss regulations first appeared on Coinfea.

Apple is now alerting people it believes are targets of spyware right on the Lock Screen of their iPhone. This is important for journalists, activists, and officials who are frequently impacted by these attacks. It places a high-stakes alert right where they cannot overlook it. The latest round of notifications on Thursday reached people in 110 countries.
Apple has until now used email and a banner after signing into an Apple Account to alert users to threats. Now, an “Apple Threat Notification” appears on the Lock Screen and inside Settings. This feature works in addition to the older email and account-page alerts. The message informs the user that Apple “detected a mercenary spyware attack targeted at your iPhone. There are actions you can take now to help protect your data and device.” Apple changed the experience so users can reach guidance on what to do next more quickly.
Researcher says new Apple warnings are harder to miss
Researcher Pieter Arntz stated that a warning on the Lock Screen is much harder to miss than one buried in an inbox. He wrote, “The new on-device alert is meant to make a high-risk warning harder to overlook and complements notifications by email and through the user’s Apple Account page.” Apple refers to these notifications as “high-confidence alerts that a user has been individually targeted by a mercenary spyware attack, and should be taken very seriously.”
These are campaigns that cost millions of dollars, burn fast once they are discovered, and are aimed at a tiny group of people. Apple’s support documentation associates the attacks with state actors and the private companies that create surveillance tools for them, with Pegasus from Israel’s NSO Group as one example. The usual targets are journalists, activists, politicians, and diplomats. Apple only uses its internal threat intelligence and won’t say what generates a specific alert, as that would help attackers avoid detection.
The company says it has notified people in 150+ countries since the program began in 2021. Apple’s latest round of threat notifications, which was on Thursday, reached 110 countries. Apple’s advice to anyone who receives a notification is to enable Lockdown Mode, which removes features that attackers could exploit. The company says it hasn’t yet seen a case of a device running Lockdown Mode being successfully hacked.
It also directs recipients to the Digital Security Helpline run by the nonprofit Access Now, which is available 24/7. A genuine warning is valuable bait, so recipients should check if any alert is legitimate by signing in to account.apple.com, where Apple says a real threat notification shows up clearly at the top of the page. Apple says its real notifications never ask anyone to click on a link, install something, or give a password or verification code.
The post Apple deploys spyware alerts on iPhone lock screen in latest warnings first appeared on Coinfea.

Bitcoin’s economic energy is central to Michael Saylor’s latest argument about money, scarcity, and long-term value preservation.
The Strategy chairman published an essay on August 15 outlining why he believes Bitcoin conserves economic value better than gold or fiat currencies.
Written with Robert Breedlove and titled “What Is Money?”, the essay describes money as technology for storing labor’s value. It also explains how that value can move across time and distance. Saylor refers to this stored value as “economic energy” and asks how efficiently monetary systems preserve it.
How Saylor Defines Economic Energy
Saylor argues that sound money should preserve the value created through work without suffering significant “monetary entropy.” He uses that term to describe the erosion of value as money moves through time or across distance.
The essay credits gold for scarcity and durability, but highlights several weaknesses. Gold is heavy, expensive to transport, costly to secure, and difficult to audit. Once integrated into financial systems, it also depends heavily on custodians.
Government-issued currencies solve many portability problems associated with gold. However, their supply and operating rules remain controlled by governments and central banks.
Why Saylor Favors Bitcoin
The essay describes Bitcoin as digital monetary energy with no physical mass and no central issuer. Its total supply is capped at 21 million coins, a feature central to Saylor’s argument about scarcity.
Saylor’s position is that Bitcoin loses less economic energy than competing monetary systems. His broader case focuses on how effectively an asset can preserve purchasing power while remaining transferable across long distances.
The essay arrived during a wider debate about whether advanced artificial intelligence could eventually reduce the importance of money. Elon Musk has argued that AI-driven abundance could make money less relevant through what he calls a universal high income.
Saylor Challenges Musk’s Money Outlook
Saylor rejected that view during a Diary of a CEO interview with host Steven Bartlett published earlier this month. He argued that scarcity would continue shaping human behavior even in a more abundant economy.
Saylor told Bartlett that people would keep pursuing scarce goods linked to status because “we’re status-oriented animals.” His argument suggests that abundance in ordinary goods would not remove competition for limited assets.
Strategy currently holds 840,447 BTC, giving it the largest disclosed corporate Bitcoin position. The company has also sold Bitcoin in recent months.
Strategy offloaded 1,690 BTC for about $108.6 million in early August to repurchase STRC preferred shares. Chief Executive Phong Le has said the company expects to resume Bitcoin purchases before year-end.
The essay therefore places Bitcoin within Saylor’s broader monetary framework, centered on scarcity, portability, durability, and resistance to value erosion.
The post Bitcoin Economic Energy Thesis Frames Saylor’s View of Money first appeared on Coinfea.

DeFiLlama founder 0xngmi said he deliberately allowed a fraudulent App Store application to drain cryptocurrency from a funded wallet. The move created evidence that the impersonating application was stealing funds from users.
Apple removed the fake application days after receiving that evidence, according to 0xngmi. The removal followed months of complaints submitted through Apple’s abuse and trademark reporting channels.
The pseudonymous founder shared details of the incident on X on August 15, 2026. He said reports identified trademark violations and impersonation, but the listing remained available.
DeFiLlama Founder Demonstrates Fake App Theft
0xngmi said he downloaded the fraudulent DeFiLlama application and placed a small amount of cryptocurrency inside a wallet. He then allowed the application to access the wallet and drain those funds.
After documenting the theft, he submitted the result to Apple as evidence of fraud. The application was removed from the App Store within days of that report.
“I know it’s insane you have to do this to save users from obviously fake apps,” 0xngmi wrote. He said he shared the experience so other cryptocurrency teams “don’t waste time like us.”
According to 0xngmi, the fraudulent application was a basic DeFiLlama copy designed to request users’ seed phrases. Those recovery words provide control over cryptocurrency wallets and their assets.
Fake Crypto Apps Used Defunct Companies for Verification
0xngmi said the operators also created impersonating applications targeting other cryptocurrency brands. He claimed they passed Apple’s identity checks by registering their applications through defunct companies.
For the DeFiLlama impersonation, the operators allegedly completed verification using a shoe-shine company. The business had been incorporated around 40 years earlier and was no longer operating.
DeFiLlama delayed the launch of its legitimate application for months while fake versions remained available. The team wanted every copy removed before releasing its app to reduce accidental downloads.
DeFiLlama also operates LlamaSearch, a directory of vetted cryptocurrency domains. The service addresses risks when manipulated search results or app listings direct users toward fraudulent websites.
Similar Crypto Impersonation Scams Hit Other Platforms
The incident follows other cryptocurrency impersonation schemes involving advertising and application platforms. On August 14, a Hyperliquid trader lost about $550,000 in USDC after following a Google advertisement.
The advertisement directed the trader to a cloned Hyperliquid exchange. In May 2026, fake Google advertisements targeting Uniswap users resulted in losses exceeding $400,000.
Around 146 ETH from those Uniswap incidents reached two attacker addresses. Cryptopolitan also reported a fraudulent Hyperliquid application appearing on the Google Play Store in November 2025.
The DeFiLlama case highlights the unusual method 0xngmi used after months of unsuccessful complaints. By documenting an actual wallet drain, he provided evidence that prompted Apple’s removal.
The post DeFiLlama Founder Says Fake App Hack Forced Apple to Act first appeared on Coinfea.

Ethereum issuance has been compared with the finances of a minimal nation-state by Grayscale research head Zach Pandl.
In an X post labeled a “Quasi brainstorm on $ETH issuance,” Pandl described Ethereum as a system funding security through newly created ETH instead of taxation.
Pandl said Ethereum “is akin to a minimal nation-state” with one primary responsibility: protecting property rights and enabling value exchange. He added that “Ethereum does not raise taxes to fund government services,” drawing attention to how network security is financed.
Ethereum Issuance Links Security With Money Creation
Under Pandl’s framework, Ethereum covers its core security costs through money creation. Economists describe the revenue earned by a currency issuer from creating money as seigniorage.
Stakers provide the service of protecting Ethereum’s property rights and receive newly issued ETH as compensation. This structure effectively connects fiscal and monetary policy because securing the network also expands the supply of ETH.
The arrangement differs from Bitcoin’s fixed supply model. Bitcoin has a capped maximum supply, while ETH issuance can change depending on network conditions and the amount of ETH being staked.
That variable issuance makes Ether’s scarcity less straightforward for people evaluating the asset as a store of value. Pandl’s comparison therefore focuses attention on issuance as both a security mechanism and a source of network funding.
Ethereum Funding Debate Focuses on Validator Rewards
The thought experiment arrives during an ongoing debate about how Ethereum should finance core development. Validators collectively receive roughly 700,000 ETH annually in staking rewards, while the ecosystem reportedly faces limited cash for paying core developers.
Former Ethereum Foundation coordinator Trent Van Epps said in June that maintaining the network’s client teams costs about $30 million each year. He warned about risks from lacking a clear funding source while the Ethereum Foundation reduces spending.
One proposed approach would redirect part of the rewards currently paid to validators toward development costs. Supporters see validator rewards as a potential source for addressing the funding shortfall.
Critics argue that creating another distribution mechanism would be unnecessary if validators are prepared to accept lower yields. Under that approach, Ethereum could simply reduce issuance rather than redirecting newly created ETH through another layer.
Ethereum Issuance Becomes Central to Treasury Questions
Pandl’s nation-state analogy does not propose a direct solution to Ethereum’s developer funding problem. Instead, it frames ETH issuance as the network’s effective treasury and links security spending directly with monetary expansion.
The comparison underscores why debates over validator compensation, developer funding, and ETH supply are closely connected. Within Pandl’s framework, arguments about funding ultimately become arguments over how large Ethereum’s issuance-based treasury should be over the longer term.
The post Ethereum Issuance Debate Frames Network as a Minimal Nation-State first appeared on Coinfea.

Robinhood Chain is gaining attention as Robinhood Crypto SVP Johann Kerbrat emphasizes infrastructure over launching a native network token.
Kerbrat said the company’s tokenization effort is “just the beginning,” while development remains centered on technical foundations and stock tokens.
The network offers 24-hour on-chain versions of equities including Nvidia and Apple. These products provide economic exposure without granting holders a legal claim to the underlying shares. They are available across more than 120 countries but remain unavailable to U.S. persons.
Robinhood Chain Builds Without a Native Token
Robinhood Chain launched without a native token, separating its approach from many competing blockchain networks. The permissionless, EVM-compatible layer-2 uses Arbitrum technology, settles transactions on Ethereum, and requires Ether for gas fees.
Stock Tokens remain the network’s main strategic product, although trading activity currently tells a different story. OAK Research found that memecoins account for more than 99% of Robinhood Chain’s trading volume.
CASHCAT, a cat-themed token referencing Robinhood’s former mascot, rose more than 5,500% within one week. Its market capitalization approached roughly $200 million during that surge.
A July CoinDesk review found memecoin and stablecoin activity significantly exceeded tokenized real-world asset activity. Those real-world assets totaled $12.81 million, including approximately $10.68 million represented by stocks.
Robinhood CEO Vlad Tenev had told CNBC six days earlier that assets without utility “do not serve a lasting purpose.” He later posted that Robinhood Chain “works great for memes too” and followed CASHCAT’s account.
Network Activity Rises During Gas Subsidy
DefiLlama lists Robinhood Chain with about $536 million in total value locked. Its stablecoin market capitalization stands near $634 million, while 24-hour decentralized exchange volume is around $440 million.
Robinhood Chain’s TVL has climbed steadily since launch. Source: DefiLlama
Ethena’s USDe increased from roughly $17 million one month earlier to about $253 million. That amount represents nearly 43% of the network’s stablecoin supply.
Growthepie data showed Robinhood Chain processing more than seven million daily transactions on July 13. That activity allowed the network to move ahead of Coinbase’s Base by that measure.
Robinhood is currently covering gas costs for eligible wallet users completing swaps, bridges, and perpetual trades. The 90-day subsidy is scheduled to end in late September.
Crypto Revenue Falls as Prediction Markets Grow
Robinhood reported $100 million in second-quarter crypto transaction revenue, representing a 38% year-over-year decline. Prediction markets generated $156 million and surpassed crypto revenue for the first time.
Despite weaker crypto transaction revenue, Robinhood’s total net revenue increased 32% to $1.31 billion. The company continues expanding tokenized stock access while its blockchain records heavier activity from memecoins and stablecoins. The contrast highlights how network usage differs from the equity-focused purpose behind Robinhood Chain’s initial design.
The post Robinhood Chain Gains Edge From No-Token Strategy as Stock Tokenization Expands first appeared on Coinfea.

Lido DAO has released a detailed overview of NEST, the automated program it is building to buy back its own LDO governance token. The program is a direct response to LDO’s token, which has lost more than 95% of its value since 2021.
The Network Economic Support Tokenomics (NEST) program is Lido DAO’s long-term solution to the growing distance between what the protocol earns and what its token is worth, which it has been warning about for months. Cryptopolitan reported that NEST is meant to run as an automated mechanism. It’s completely separate from the one-off proposal the DAO put forward in March to spend treasury funds directly on LDO. An annual revenue benchmark of $40 million (about $109,000 per day) has already been set by the company. If the protocol earns more than this baseline in a day, 50% of that extra income is sent to the NEST program to buy LDO.
Lido DAO targets $50,000 LDO per day cap
The platform mentioned that the program can only buy $50,000 worth of LDO per day, with a total annual cap of $10 million. Cryptopolitan reported that the previous system proposed by Lido’s Growth Committee would use up to 10,000 stETH from the DAO treasury, worth roughly $20 million at ether prices near $2,000, to accumulate LDO. The LDO-to-ETH price ratio was about 0.00016, representing a 70% decline from where it traded for most of the previous two years.
During that same period, the protocol’s net rewards had only dropped about 20%. The DAO also said its costs went down by 13% compared to the year before, and its fee rate increased to 6.11% from 5%. Lido holds the largest share of staked ether at around 23%. DefiLlama data also lists Lido’s total value locked near $17.8 billion against a market capitalization of roughly $252 million. Its annualized fees are around $693 million, and the annualized revenue is near $38 million.
There is barely enough on-chain liquidity to execute the plan. Only about $90,000 worth of LDO is available to buy within 2% of the current price. This means a single batch purchase of 1,000 stETH (worth roughly $2 million) would use up all available liquidity several times over, causing the price to spike sharply. To get around that, the proposal authorized buying LDO through centralized venues including Binance, OKX, Bybit, Gate, and Bitget, each offering more than $100,000 in depth, alongside on-chain routes such as CoW Swap, 1inch, and Uniswap.
The purchases are made in 1,000 stETH batches, each requiring its own governance step (an “Easy Track” motion) with a three-day objection window and a slippage cap of 3% below the reference price. The market reacted positively to the buyback scheme, with reports indicating that LDO rallied by roughly 30% in a month where it resisted a broader downturn in the DeFi market.
The post Lido DAO activates NEST buyback program to revive token performance first appeared on Coinfea.

Nvidia has announced a very large investment in SpaceX. According to the latest filing, the chipmaker now owns 122.8 million Class A shares in Elon Musk’s company. Based on the current value of those shares, the position is worth around $21 billion, per new filing with the US Securities and Exchange Commission.
Nvidia has only one disclosed bigger investment, and that is its holding in Intel. There was not much drama in after-hours trading on Friday after the disclosure came out. SpaceX stock gained 0.35%, while Nvidia shares fell 0.12%. Their broader performances have been very different, though. Nvidia is up almost 20% so far in 2026, while SpaceX has lost close to 7% since it entered the public market in June. Retail traders are also looking at the two names differently. Stocktwits showed neutral sentiment around NVDA, with posting volume staying normal. For SPCX, sentiment was extremely bullish, while the amount of discussion also remained at normal levels.
Nvidia makes SpaceX investment amid deal between duo
Nvidia’s investment in SpaceX is happening alongside a much deeper business relationship between the two companies. During SpaceX’s first earnings call since becoming a public company, Elon Musk said SpaceX had chosen Nvidia as the only chip supplier it plans to use for the computing hardware inside its data centers. “We’ve decided to build exclusively on Nvidia because we think [its] Vera Rubin architecture is the best architecture,” Elon said.
He also said the company feels it is the best AI computer and it greatly values the close co-operation and partnership on many levels with Nvidia. Elon has informed investors that SpaceX is expecting to have a “significant allocation” of Nvidia’s Vera Rubin GPUs next year. This means that SpaceX is planning to utilize the next iteration of Nvidia’s AI chip as SpaceX increases computing power available through its data center network. Nvidia has also been planning a significant financing move aside from the deal with SpaceX.
The chipmaker revealed that it had planned out a $500 billion financing package with some of the largest banks on Wall Street, among which was Goldman Sachs (NYSE: GS). CNBC host Jim Cramer commented that it was “a monumentally positive change.” Intel is ahead of SpaceX in terms of Nvidia investments that are publicly known. Jim is still quite confident about the management team at Intel and the path that the firm is following. He thinks that the funds raised by Intel can be used for expanding its third-party manufacturing business where the company manufactures chips for other customers apart from Intel.
Elon Musk keeps tight control over SpaceX as stake reaches $907 billion
Jim also said he has a lot of confidence in Intel CEO Lip-Bu Tan, saying Lip-Bu “knows how to build things.” He argued that Intel would likely not go ahead with the share sale “unless they have something in hand,” and said one possibility could be a new customer for Intel’s manufacturing operation. “I still think this is my favorite stock in the portfolio,” Jim added. A separate regulatory filing released Thursday also provided a much clearer breakdown of Elon’s ownership in SpaceX.
As of June 30, Elon owned an economic stake of 48.4% in the company and had sole voting and investment control over 6.42 billion shares, with the value of that overall position at around $906.9 billion. Elon later responded to the ownership figure on X, saying the number can give the impression that more of the stake is fully his than is actually the case. He explained that part of the shares included in the total still depend on SpaceX hitting extremely difficult performance requirements before they completely vest. “A bunch of it only vests on extremely crazy good outcomes for SpaceX, so actual full vested percentage is lower,” Elon said.
The filing breaks the holdings down into several different parts. Trusts where Elon acts as trustee control about 849.5 million Class A shares. Those trusts also hold roughly 3.92 billion Class B shares. Elon directly owns another 1.30 billion restricted Class B shares, while options cover an additional 350 million Class B shares. So while Elon owns less than half of SpaceX from an economic standpoint, his voting control is much higher than his ownership percentage. He controls more than 82% of the company’s voting power, giving him a much larger say over shareholder decisions than the 48.4% economic stake alone would suggest.
The post Nvidia discloses $21B in SpaceX shares in new filing first appeared on Coinfea.

Apple opened a training center in its new Houston factory on Wednesday. According to reports, the site will begin assembling Mac mini computers by the end of 2026. The factory has been shipping AI servers for months, with Apple making its production methods available free of charge to small manufacturers.
It took Apple less than nine months to go from picking the Houston site to running a working plant. “In less than nine months, we have invested hundreds of millions of dollars into this Houston facility. “We stood up a factory, started production, and shipped the first advanced AI servers off the line,” said Apple’s chief executive, Tim Cook. During Apple’s August 13 announcement, he said the production of the Mac mini will begin “later this year.”
Apple set to build first US-made Mac mini at the new site
The new site is called the Advanced Manufacturing Center. It occupies 20,000 square feet of the Houston plant. It provides free sessions to small and medium-sized businesses on the techniques Apple uses in its own lines, from machine-learning quality checks to sophisticated automation. Apple designed the curriculum to emphasize hands-on work.
On opening day, the first group of business leaders assembled and laser-etched a product themselves, working with a holographic table and factory-floor equipment. Sessions will cover printed circuit board design and final-assembly principles. Apple says it will open the center to local college students in the future. It is the company’s second such facility, following the Apple Manufacturing Academy that debuted in Detroit in August 2025 and has since trained close to 1,000 workers and entrepreneurs.
As Cryptopolitan reported at the time, Apple announced last September that it would spend $600 billion on US manufacturing over four years, which includes about 79 factories. That pledge also included a $2.5 billion expansion of Apple’s glass partnership with Corning in Kentucky and chip work with Taiwan Semiconductor, Texas Instruments, and Applied Materials. Commerce Secretary Howard Lutnick, Houston Mayor John Whitmire, Senator Ted Cruz, and other officials attended the Houston opening.
“This opening is an important step in Apple delivering on its promise to bring its manufacturing back to America,” Lutnick said. The company previously said firms that manufacture within the US are exempt from a 100% tariff on imported semiconductors. Apple has promised to start Mac mini production in Houston in 2026 but has not disclosed a shipping date, unit target, or price for a US-assembled model.
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