Andreessen Horowitz (a16z) and the DeFi Education Fund (DEF) jointly urged the U.S. Securities and Exchange Commission to establish a “safe harbor” for certain blockchain applications, particularly DeFi and NFT apps, so their developers aren’t automatically treated as broker-dealers under the Exchange Act.

Chainlink’s LINK has reclaimed the $24 level for the first time since early February, extending a strong August run. The token posted a 35% weekly surge to kick off the month and is up about 42% month-to-date, outpacing Ethereum’s gains.

BitMine Immersion Technologies is dramatically expanding its at-the-market equity program, seeking SEC approval to raise up to $20 billion more, bringing total approved stock sales to $24.5 billion.