Important news:
- Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on August 12, representing 2.20% of the current circulating supply and valued at approximately $52.1 million.
- The US CPI data for July will be released at 8:30 pm on August 12.
- Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8:00 AM Beijing time on August 15th, accounting for 0.51% of the current circulating supply and valued at approximately US$39.2 million.
- In the US SEC vs. Ripple lawsuit, although the SEC has no fixed deadline to withdraw its appeal, it must submit a report to the Court of Appeal by August 15th, and new news is expected before then.
- FTX announced that the registration date for the next round of compensation will be August 15th. Creditors must complete KYC verification, submit tax forms, and select a designated compensation channel before this date.
- Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 PM Beijing time on August 16, representing 2.04% of the current circulating supply and valued at approximately $41.9 million.
August 11
Policy supervision:
The Securities Commission of Malaysia plans to reform the Digital Asset Exchange (DAX) framework, proposing a series of regulatory enhancements to accelerate token listings and strengthen investor protection. The new rules propose allowing digital assets that meet minimum requirements to be listed without prior approval while also increasing the liability of exchange operators.
The proposals also include mandatory segregation of customer assets and enhanced governance and operational requirements to address risks in digital asset trading. DAX operators will also be required to meet higher financial thresholds to enhance the platform's operational and financial resilience. The public can submit feedback between June 30 and August 11, and the consultation document has been published on the SC's official website.
The Hong Kong Securities and Futures Commission (SFC) has proposed expanding the list of restricted titles under the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance to cover terms such as "trading platform" and "virtual assets" to prevent unregulated institutions from misleading the public. The consultation period will last until August 11.
Exchange:
Binance Alpha to List Xeleb Protocol (XCX) on August 11th
Binance Alpha will list Xeleb Protocol (XCX) on August 11. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page, available once trading opens.
Binance Alpha to List SatLayer (SLAY) on August 11th
Binance Alpha announced that it will be the first exchange to list SatLayer (SLAY) on August 11th. Eligible users can claim the airdrop using Binance Alpha Points via the Alpha event page after trading becomes available.
Binance will adjust the minimum price precision (i.e., the minimum unit price fluctuation) for the following U-margined perpetual swap trading pairs at 3:00 PM (ET) on August 11th. Trading and operations for these U-margined perpetual swaps will remain unaffected during this period. The API will be updated simultaneously, and API users can access the latest price precision for these U-margined perpetual swaps via GET /fapi/v1/exchangeInfo. Existing orders for these contracts will remain unaffected. After the price precision update, the system will continue to match orders according to the original price precision.
Binance will delist DEFIUSDT and MEMEFI U-margined perpetual contracts on August 11th
Binance Futures announced that it will automatically liquidate DEFIUSDT and MEMEFI U-margined perpetual contracts at 5:00 PM Beijing Time on August 11, 2025, and delist the relevant trading pairs following the liquidation. Users must close their positions by 4:30 PM Beijing Time on August 11, and new positions will not be available during this time.
Bithumb and other Korean DAXA members will delist ALEX tokens on August 11th
South Korean cryptocurrency exchange Bithumb announced that members of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for ALEX. Bithumb expects to terminate trading support for ALEX on August 11 and withdrawal support for ALEX on September 11.
Project News:
sns.sol's SNS token airdrop claim will end on August 11th
Solana's domain name service, sns.sol (formerly Bonfida), has announced the launch of its token generation event, with 40% of the supply earmarked for "early adopters and new supporters." Users must claim SNS tokens through wallets holding .sol domains until August 11th. The newly launched SNS token is intended to replace the FIDA token previously issued by Bonafida, which this month called FIDA's token economic model "unsustainable" and unable to meet the needs of .sol holders.
Earlier this month, the project said that 20% of the total supply had been “claimed” and that it had “a new team, a new mission, and a clear focus.” This announcement came on the same day that Bonafida declared FIDA’s token economics unsustainable.
Token unlocking:
Solayer (LAYER) will unlock approximately 27.02 million tokens at 10:00 PM Beijing time on August 11th, accounting for 9.51% of the current circulation and worth approximately US$17 million.
io.net (IO) will unlock approximately 13.29 million tokens at 8:00 PM Beijing time on August 11th, accounting for 6.51% of the current circulating supply and worth approximately $8.3 million.
BounceBit (BB) will unlock approximately 42.9 million tokens at 8:00 AM Beijing time on August 11th, accounting for 6.36% of the current circulating supply and valued at approximately US$5.4 million.
August 12
Macroeconomics:
The US CPI data for July will be released at 8:30 pm on August 12.
Exchange:
Binance Alpha to List World3 (WAI) on August 12th
Binance Alpha will list World3 (WAI) on August 12th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. Detailed details will be announced later.
FTX's bankruptcy attorney recently challenged Three Arrows Capital's (3AC) $1.53 billion claim, requesting the court dismiss it in its entirety. The attorney argued that 3AC's losses were due to market volatility and its own withdrawals, unrelated to FTX. In March of this year, the bankruptcy court approved 3AC's increased claim from $120 million to $1.53 billion. In November 2024, 3AC, citing new evidence, claimed that FTX sold $1.5 billion worth of assets two weeks before initiating liquidation. FTX's attorney countered that the claim was based on unreasonable premises, inaccurate data, and a disregard for the facts. FTX pointed out that after the Terra crash in June 2022, 3AC's account balance fell below $240 million, but it failed to replenish margin and instead withdrew $18 million in ETH. FTX subsequently liquidated $820 million in assets, preventing the $18 million loss in the event of bankruptcy. 3AC is required to submit its response by July 11, and a hearing is scheduled for August 12.
Project News:
The Superp Foundation will unlock and distribute the remaining 3% airdrop in one go next week. The claim page is expected to be launched on August 12.
The Superp Foundation, a derivatives protocol, announced that it has distributed 2% of its 5% airdrop token allocation during its TGE. The remaining 3% will be unlocked and distributed in full next week. The claim page is expected to launch on August 12th.
Extended will migrate to Starknet in three phases, with the first phase starting on August 12th.
Extended, the perpetual swaps trading platform built by Revolut founder RF, announced it will migrate from StarkEx to Starknet. The migration will be carried out in three phases, with the first phase beginning on August 12th. Starting immediately, only Starknet trading will earn points; activity on StarkEx will no longer earn rewards. Users who migrate during the first phase will receive additional rewards. During this phase, both StarkEx and Starknet instances will remain fully operational. The migration will be automated; users do not need to withdraw funds; they simply close their positions and click "Migrate" in the user interface.
Token unlocking:
Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on August 12, representing 2.20% of the current circulating supply and valued at approximately $52.1 million.
Peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 AM Beijing time on August 12, accounting for 7.03% of the current circulating supply and worth approximately $5.6 million.
August 13
None
August 14
Macroeconomics:
2025 FOMC voting member and Chicago Fed President Goolsbee delivered a speech on monetary policy;
Atlanta Fed President Bostic, a 2027 FOMC voting member, delivered a speech on the outlook for the U.S. economy;
U.S. initial jobless claims for the week ending August 9, July PPI data
Exchange:
Gemini announces a major event on August 14th
The Gemini exchange tweeted that a major event would be announced on August 14.
Project News:
The co-founders of defunct cryptocurrency mining service HashFlare asked a U.S. judge to spare them additional prison sentences after pleading guilty to wire fraud, but prosecutors said they deserved 10 years in prison for orchestrating a $577 million Ponzi scheme.
In a sentencing memorandum filed with Federal Court Judge Robert Lasnik in Seattle, prosecutors argued that Sergei Potapenko and Ivan Turõgin each deserved a 10-year prison sentence for a "horrific crime" that cost victims approximately $300 million. Prosecutors argued that the 10-year sentence was appropriate given that HashFlare was the largest fraud case ever tried by the courts. However, Potapenko and Turõgin, in sentencing memoranda filed the same day, said the sentences were excessive given their cooperation and the prison sentences they had already served in Estonia.
The two were arrested in Estonia in November 2022 and, after serving 16 months in prison, were extradited to the United States in May 2024, where they pleaded guilty to conspiracy to commit wire fraud. They are currently out on bail in the United States, and their sentencing hearing is scheduled for August 14.
Blockchain may release new Bitcoin mining chip on August 14
Amrita Ahuja, CFO of Block, the crypto fintech company founded by Twitter co-founder Jack Dorsey, told CNBC that the company will launch a new Bitcoin mining chip next week, aiming to optimize the decentralized Bitcoin mining ecosystem. This comes months after Block reportedly announced the completion of development of a 3-nanometer Bitcoin mining chip. Furthermore, Jack Dorsey also posted "Next Week" on the X platform, along with an image of a mining tool, hinting at the upcoming August 14th launch of the new product.
August 15
Policy supervision:
US SEC v. Ripple: SEC must submit report to appeals court by August 15
The crypto community is closely following the progress of the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple, hoping for a swift conclusion to the years-long XRP case. Ripple has withdrawn its appeal, but the SEC has not followed suit. Legal expert Bill Morgan stated that while the SEC has no fixed deadline for withdrawing its appeal, it must submit a report to the Court of Appeals by August 15, 2025, and further information is expected in the next two weeks. The case centers on whether Ripple's sales of XRP constitute unregistered securities transactions. In 2023, a judge ruled that institutional sales of XRP constitute securities transactions, while programmatic sales on exchanges do not. Although the two parties reached a settlement, the judge rejected it.
Ghana requires virtual asset companies to complete registration by August 15
Market news: Ghana requires virtual asset companies to complete registration before August 15.
Exchange:
FTX announced that the registration date for the next round of compensation payments will be August 15th, with expected execution on September 30th. This round of compensation will apply to approved Class 5 customer claims, Class 6 general unsecured claims, and newly approved convenience claims since the previous payment. The court also approved a reduction in the disputed claims reserve from $6.5 billion to $4.3 billion, freeing up $1.9 billion for this round of compensation. Payments will be made through BitGo, Kraken, and Payoneer.
Creditors must complete Know Your Customer (KYC) verification, submit tax forms, and select a designated compensation channel by August 15th. For transfers of claims, these procedures must be completed before the registration date and a 21-day objection period must be met. Once funds arrive in the service provider's account, the creditor will manage them.
Project News:
SharpLink to hold a conference call on August 15 to release its second quarter financial results
SharpLink Gaming (SBET), a publicly listed Ethereum reserve company, announced that it will hold a conference call and webcast at 20:30 on August 15, 2025, to announce its financial and operating results for the three and six months ending June 30, 2025.
Developer Activities:
BNB Chain announces the selected projects for MVB Season 10 and will hold a Demo Day on August 15th
Fifteen early-stage Web3 projects have been selected for the BNB Chain's tenth season of the Most Valuable Builder (MVB) accelerator program. Jointly hosted by BNB Chain, YZi Labs, and CMC Labs, this season's MVB program aims to provide comprehensive support to startups, from fundraising strategies and token economics design to team building, furthering BNB Chain's vision of reaching a billion Web3 users.
The tenth season of the MVB will launch online, culminating in a two-day in-person closing event in New York. Outstanding projects will be selected for investment from YZi Labs. Demo Day will be held on August 15th, available online to viewers worldwide. Since its launch in 2021, the MVB program has incubated over 200 projects, with 16 selected for the ninth season. Meet48 and Avalon Labs, recent investments by YZi Labs, are also among the selected MVB teams.
The 15 selected Web3 projects cover sectors such as AI (RICE AI, Whitebridge Network), DeFi (AGNT.Hub, FlashX.ai, Opsin, Sigma Money), DePin (Bitring, ShareX), payment (AEON, Pepay), RWA (Asseto, AXC, DMZ Finance, R2) and decentralized social (dLife). The selected projects will participate in online incubation and offline closing camps, and the winners are expected to receive investment from YZi Labs.
Token unlocking:
Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8:00 AM Beijing time on August 15th, accounting for 0.51% of the current circulating supply and worth approximately $39.2 million.
Sei (SEI) will unlock approximately 55.56 million tokens at 8:00 PM Beijing time on August 15th, accounting for 1.21% of the current circulating supply and worth approximately US$17.5 million.
Starknet (STRK) will unlock approximately 127 million tokens at 8:00 AM Beijing time on August 15th, accounting for 5.98% of the current circulating supply and worth approximately $16.8 million.
August 16
Exchange:
Coinbase will suspend Function X (FX) trading on August 16th
Coinbase announced that it will suspend trading of Function X (FX) at approximately 2:00 AM on August 16, 2025. This decision is because the project team is still suspending the underlying smart contract for the asset on Coinbase.
Project News:
The Celestia Foundation purchased all TIA held by Polychain. The transaction will adopt a rolling unlock mechanism, with the first unlock date being August 16.
Celestia tweeted, "The Celestia Foundation is collaborating with Polychain Capital to transfer all remaining TIA tokens held by Polychain to new investors. This month, the Foundation purchased 43,451,616.09 TIA from Polychain Capital for $62.5 million. To complete this transaction, Polychain will soon liquidate its entire staked TIA holdings. To ensure the Foundation's financial health is not impacted, the Foundation is finalizing the distribution of TIA with new investors. These transactions will utilize a rolling unlock mechanism, with the first unlock commencing on August 16th and completing on November 14th."
Token unlocking:
Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 PM Beijing time on August 16, accounting for 2.04% of the current circulating supply and worth approximately $41.9 million.
August 17
None
Specific time to be determined
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has once again released Bitcoin Tracker information on the X platform and may disclose the increase in holdings next week. He said: "If you don't stop buying Bitcoin, you won't stop making money."
