Circle Internet Group, the issuer of the stablecoin USDC, and its shareholders plan to sell a total of 10 million shares. According to a filing with the U.S. Securities and Exchange Commission, Circle will sell 2 million shares, while shareholders, including co-founder and CEO Jeremy Allaire, will sell 8 million shares. Based on Tuesday's closing price of $163.21, the total value of the stock offering is approximately $1.63 billion. (Bloomberg)

Payment technology company Stripe has appointed Matt Huang, co-founder and managing partner of cryptocurrency investment firm Paradigm, as CEO of its blockchain project, Tempo. Huang will also retain his position at Paradigm. Earlier news, financial technology company Stripe and Paradigm partnered to develop the payment blockchain Tempo. (Fortune)

Kazakh asset management company Fonte Capital launched Central Asia's first spot Bitcoin exchange-traded fund (ETF) on the Astana International Exchange (AIX) on August 13. The fund, trading under the ticker symbol BETF, is denominated in US dollars. Each fund share is backed by physical Bitcoin, held in custody by BitGo, a licensed US custodian, and backed by up to $250 million in insurance. BitGo employs offline cold storage and secure vaults to ensure asset security. (CoinDesk)

According to on-chain analyst Yu Jin, pump.fun sold 86,000 SOL tokens five hours ago, cashing out $16.28 million in USDC. This was the first sale since the token's launch. Funds came from a fee-based wallet and a wallet that previously executed a PUMP buyback. The funds were first transferred to Kraken and then withdrawn to the blockchain for an average price of $189. Officials also disclosed that they repurchased $8.42 million worth of PUMP tokens over the past week, totaling 72.9 units, representing 0.729% of the total supply.

Odaily Planet Daily reported that Coingecko data showed that with BTC's short-term rebound to $120,000 and ETH breaking through $4,600, the total market value of cryptocurrencies has exceeded $4.1 trillion, currently reaching $4,143,024,615,935, with a 24-hour increase of 3%.

According to Odaily Planet Daily, according to monitoring by on-chain analyst Aunt Ai, addresses associated with the Ethereum Foundation sold 1,694.8 ETH on the chain in the past two hours, worth approximately US$7.72 million. The selling address currently still holds 1,500 ETH. It received 20,756 ETH from Ethereum Fundation 8 years ago, and can be traced back to 10 years ago when the price of ETH was only US$0.875.