According to Federal Election Commission data compiled by crypto market and blockchain analyst James Delmore, Gemini Trust Co. founder Cameron and Tyler Winklevoss are the largest individual crypto donors in this election cycle, donating a total of $10.1 million, or just over $5 million each. Among them, the Winklevoss brothers donated approximately $1.7 million, more than $700,000, and $250,000 to the Trump 47 Committee, the "Make America Great Again" political action committee, and the America PAC, which support Trump, respectively, and also donated $4.9 million to the bipartisan Fairshake political action committee that supports cryptocurrency. (CNBC)

According to Odaily, the Qatar Financial Centre (QFC) has announced the launch of a Digital Asset Lab. This initiative aims to foster innovation in the digital asset space by providing a platform for development, testing, and commercialization of new digital solutions and services. The lab features a team of 24 participants, including notable entities such as ALT Realtech, Bladelabs, Polygon, and Partior. The Digital Asset Lab is designed to support participants comprehensively, offering resources and guidance to help them bring their innovative ideas to market. This move is part of QFC's broader strategy to position itself as a leading hub for financial and business services in the region. By focusing on digital assets, QFC aims to attract cutting-edge technology firms and foster a vibrant ecosystem for digital innovation. Participants in the lab will have access to a range of support services, including mentorship, technical assistance, and opportunities for collaboration with other innovators. The inclusion of prominent companies like Polygon and Partior highlights the lab's potential to drive significant advancements in the digital asset sector. This initiative underscores QFC's commitment to embracing digital transformation and supporting the growth of the digital economy in Qatar.

Investment bank TD Cowen said in a report on Monday that World Liberty Financial could deepen divisions among Washington lawmakers and hinder legislative efforts. Jaret Seiberg of TD Cowen's Washington Research Group said the project could become a "major political issue for the cryptocurrency industry" if Trump wins in November. "After the Trump family established World Liberty Financial, the likelihood of cryptocurrency market structure legislation passing if Trump wins the election is lower," Seiberg wrote. "This is because for political reasons, Democrats will be reluctant to support any bill that is seen as enriching the Trump family." (The Block)

In the "2024 FAT Awards" released at the Odaily "2024 FAT Awards & Summint" ceremony, Mantle won the "Top 30 Infrastructure". Here, industry witnesses and adherents attended the awards ceremony together to discuss the industry changes, transformation and innovation driven by the "new trend".

According to on-chain analyst Yu Jin, a whale withdrew 13.07 million TRX (US$1.99 million) from Binance 4 days ago, and then directly bought 3.52 million SUNDOG in one transaction. The large slippage directly raised the price of SUNDOG to US$1. The whale's average purchase price was US$0.565, and the current price of SUNDOG is US$0.313. His purchase currently has a floating loss of 44% (US$880,000).

According to Upbit's official announcement, due to the LUNC network upgrade, deposit and withdrawal support will be suspended from 12:00 on September 18, 2024 (Korean time) until the network upgrade is confirmed to be stable.

Qatar’s onshore financial and commercial center, QFC, has announced the launch of its Digital Asset Lab. The lab has a team of 24 participants who will receive full support to develop, test and ultimately commercialize their innovative digital solutions and services, including ALT Realtech, Bladelabs, Polygon and Partior. (Bitcoin.com)

According to Odaily, the U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion has announced a hearing titled 'Bewildered and Confused: Breaking Down the SEC's Politicization of Digital Assets.' The hearing is scheduled for September 18 and will feature testimonies from former SEC Commissioner Dan Gallagher and Michael Liftik, who served in various roles at the SEC for nearly a decade, including attorney, senior advisor, and acting head of enforcement. The subcommittee's leadership has criticized SEC Chairman Gary Gensler for prioritizing and advancing an enforcement and regulatory agenda that they claim is detrimental to the digital asset ecosystem. They argue that Gensler's stance on digital assets as securities under the Howey Test has been inconsistent and that there are disagreements among SEC members regarding this issue.

The U.S. House of Representatives Subcommittee on Digital Assets, Fintech, and Inclusion said in a September 13 notice that they will hold a hearing titled “Dazed and Confused: Breaking the SEC’s Politicized Approach to Digital Assets.” Witnesses for the September 18 hearing will include former SEC Commissioner Dan Gallagher and Michael Liftik, who served as a lawyer, senior advisor, or acting head of enforcement during his roughly decade at the SEC. The subcommittee’s leadership claims that SEC Chairman ary Gensler “prioritized and pursued an enforcement and regulatory agenda that was detrimental to the digital asset ecosystem” during his tenure. They point to Gensler’s inconsistent stance on digital assets as securities under the Howey test and divisions among the agency’s members. (Cointelegraph)

MicroStrategy is planning to raise $700 million through the private sale of convertible senior notes which will be due in 2028 to qualified institutional buyers. The company plans to use the proceeds to redeem $500M worth of 6.125% senior secured notes and purchase more Bitcoin (BTC). The Bitcoin bull firm may also grant an option […] source: https://www.cryptopolitan.com/bitcoin-bull-microstrategy-targets-700m/

MonkeyBit completed a $2 million seed funding round and launched a global ambassador recruitment programme this month. Aiming to build the next Web3 social amusement ecosystem, MonkeyBit plans to release its $MONK token in Q3. Will you go bananas for these monkeys?