Elon Musk’s Lawyer Chairs $200 Million Dogecoin Treasury as Eric Trump Pushes $1 Million Bitcoin Prediction
Ethereum Foundation unveils 2026 roadmap with faster finality and Layer 2 interoperability, Eric Trump reaffirms $1 million Bitcoin call while promoting global crypto adoption, Pudgy Penguins launch Web3 mobile game Pudgy Party, Elon Musk’s lawyer chairs $200 million Dogecoin treasury plan, and US Senate eyes September 30 markup for crypto market structure bill


Because Bitcoin
August 29, 2025
Pudgy Penguins and Mythical Games Launch Pudgy Party Mobile Game With Seamless Web3 Onboarding and NFT Collectibles
Pudgy Penguins and Mythical Games have launched Pudgy Party, a new mobile party game for iOS and Android that blends colorful obstacle-course gameplay with seamless Web3 integration. Players are automatically onboarded into blockchain wallets via the Mythos Chain, allowing them to collect, upgrade, and trade in-game assets without needing crypto knowledge. The game will feature seasonal events, starting with “Dopameme Rush,” plus NFTs, premium passes, and marketplace trading. Pudgy Penguins CEO Luca Netz aims for tens of millions of downloads, positioning the title as the first major Pudgy franchise product beyond retail and NFTs. Mythical Games, known for FIFA Rivals and NFL Rivals, hopes to turn Pudgy Party into a long-term franchise that reaches hundreds of millions of players worldwide.
Eric Trump Touts U.S. Lead in Digital Revolution, Praises China and Hong Kong’s Role in Crypto, Reaffirms $1 Million Bitcoin Call
Eric Trump praised Hong Kong, China, the Middle East, and parts of South America for their role in advancing cryptocurrency during Bitcoin Asia in Hong Kong, while asserting that the United States is leading the digital revolution under President Trump’s pro-crypto policies. Despite China’s ban on crypto trading and mining, Eric emphasized Hong Kong’s experimental role in digital assets and growing global adoption. He tied his entry into crypto to the Trump family’s banking challenges during the Biden era and highlighted his ventures with American Bitcoin, World Liberty Financial, and Metaplanet. Spending most of his time in the crypto sector, Eric reiterated his bold prediction that Bitcoin will reach $1 million, calling it the “greatest asset in the world.” Bitcoin currently trades at $110,111, down 12% from its all-time high earlier this month.
Ethereum Foundation Maps Multi-Track Roadmap Through 2026 With Faster Finality, Layer 2 Interoperability, and $320 Billion Onchain Activity
The Ethereum Foundation unveiled a multi-track roadmap to unify Ethereum’s ecosystem and improve user experience. The plan introduces three workstreams—Initialisation, Acceleration, and Finalisation—covering interoperability, faster confirmations, and advanced cryptographic finality. Key initiatives include an Open Intents Framework, an Ethereum Interoperability Layer for seamless Layer 2 transactions, halving slot times, and real-time proving with ZK-SNARKs. Deliverables extend through 2026, with audits, specifications, and public documents scheduled over the next year. The roadmap also aligns with Ethereum’s Trillion Dollar Security program and the privacy-focused Kohaku wallet. Meanwhile, onchain activity is surging, with monthly volume topping $320 billion, its third-highest level ever.
Elon Musk’s Lawyer Alex Shapiro Chairs $200 Million Dogecoin Treasury Plan Amid Growing DAT Trend
Elon Musk’s personal lawyer, Alex Shapiro, has been named chairman of a planned Dogecoin digital asset treasury (DAT) seeking to raise at least $200 million, according to Fortune. The treasury would accumulate DOGE, though details on launch timing remain unclear. DATs have become a growing trend, with firms like Bit Origin and others adopting token-focused corporate models inspired by Michael Saylor’s $70 billion Bitcoin treasury strategy. Dogecoin, down 4% to $0.21 with a $32 billion market cap, is also the subject of Grayscale’s bid for a DOGE ETF. The development underscores renewed institutional interest in memecoins, backed by Musk’s longstanding Dogecoin advocacy.
US Senate Banking Committee Targets September 30 Markup for Crypto Market Structure Bill to Clarify SEC Oversight
US Senators are preparing to consider a revised version of the Responsible Financial Innovation Act, a crypto market structure bill, at a Senate Banking Committee markup hearing currently scheduled for September 30. The legislation focuses on clarifying the SEC’s authority over crypto markets, introducing a new five-part test for investment contracts. The bill is a streamlined 35-page draft compared to the House-passed CLARITY Act, which spans more than 250 pages and garnered bipartisan support with 294 votes in favor. Lawmakers aim to merge the two proposals into one comprehensive framework, with hopes of delivering a final bill to President Trump by Thanksgiving. Timing may shift if Congress fails to meet its September 30 budget deadline.