A midday review of major developments on August 25th

7.00-12 noon Keywords: Arthur Hayes, Becent, Solana 1. USSEC investigated the sale of “AI Equity” funds; 2. U.S. Supreme Law allowed Trump to impose restrictions on postal voting; 3. Binance SAFU Fund has been floating at $221 million, with a 21.5 per cent return; 4. Michael Saylor: Bitcoin is moving from its early faiths to a digital capital network; 5. Arthur Hayes: Bensont “Indies” operation has opened the Bitcoin New Bulls; 6. Hyperliquid Policy Center urges the USSEC and CFTC to adopt a unified framework for renewal of contracts; 7. Progress on the Solana Supply Readiness Proposal: Community turnout is less than 17 per cent and the participation threshold still needs to be pressed。