News linked to both this project and an event.
Odaily News - According to an official announcement, global digital asset trading platform Gate will launch the third phase of Pre-IPOs project subscriptions, focusing on AI enterprise Moonshot AI, offering KIMI asset certificate subscription services.The KIMI asset certificate is a Mirror Note designed based on changes in the enterprise value of Moonshot AI. The subscription period runs from 15:00 on August 11, 2026, to 15:00 on August 13, 2026 (UTC+8), with a subscription price of $105-$115 per share (subject to final pricing results). The project's implied market value is approximately $50 billion, supporting subscription in both USDT and GUSD, with GUSD subscriptions additionally earning a 3.8% yield on demand U.S. Treasury bonds.After the subscription concludes, KIMI asset certificates will be fully unlocked and distributed at 15:00 (UTC+8) on August 17, with dedicated market trading opening approximately one month after distribution. Trading fees on the dedicated market are 0.5% maker fee and 1.5% taker fee. Additionally, this project charges a 5% underwriting service fee. Should excess returns be generated in the future, a 20% performance fee (Carry) will be charged on the profitable portion.The launch of the Moonshot AI (KIMI) project marks an important step in Gate's continued exploration of AI, RWA, and innovative asset service scenarios. Going forward, Gate will continue to expand more diverse asset participation channels, driving further integration between the digital asset ecosystem and traditional financial markets.
According to HK01, the Hong Kong Police updated information on the virtual currency "Fun Coffee" fraud case, disclosing that as of August 5, a total of 255 related reports had been received, an increase of 30 cases from earlier. The total involved losses have increased to approximately HK$104 million. In addition, the Macau Judicial Police arrested two women involving 9 cases worth about MOP 3.6 million. Regarding some TVB artists having previously hosted activities related to the Fun Coffee fraud case, the Hong Kong Police stated that they will definitely contact victims and relevant individuals during the investigation to determine the masterminds of the fraud and the roles played.
According to the official announcement, HTX listed the BLESS/USDT perpetual contract on August 6, supporting 1-10x long and short positions. Meanwhile, from now until 15:00 on August 11 (UTC+8), HTX is launching a new coin perpetual contract trading competition. Users who complete registration, participate in perpetual contract trading for the participating tokens, and meet the specified thresholds will have the opportunity to share a total prize pool of 1 billion $HTX tokens.
Squid (QUID) launches on Bitget PoolX. Users can stake XAUT and QUID to share an airdrop of 860,000 QUID. Among them, the XAUT staking pool has a total airdrop of 780,000 QUID, with a per-user staking limit of 300 XAUT; the QUID staking pool has a total airdrop of 80,000 QUID, with a per-user staking limit of 5,000,000 QUID. The staking period runs from August 5 to August 12. Additionally, users with a positive net XAUT deposit amount during the event can receive a 3% XAUT Earn interest rate boost voucher after the event concludes. Users participating in PoolX for the first time who also meet the net deposit condition can also receive a 12% APR XAUT interest rate boost voucher. For more details, please refer to the official Bitget platform.
Bitget launches 2U2 Flexible Savings, with the event period from August 5 to September 4. Users can subscribe to the corresponding token in the "Simple Earn" section, enjoying up to 30% APR, with a single user subscription limit of 3,600,000 2U2. For more details, please refer to the Bitget official platform.
Odaily News The U.S. Department of the Treasury released a joint statement on August 4, outlining discussions from the U.S.-UK Financial Regulatory Working Group meeting held in London on July 8. Regulators from both countries expanded collaboration in areas including digital assets, stablecoins, payment modernization, AI, financial stability, capital markets, and cross-border financial cooperation. Participants included finance ministries from both countries, the Bank of England, the Federal Reserve, the UK Financial Conduct Authority, and multiple U.S. financial regulatory agencies. The U.S. side provided updates on the implementation progress of the GENIUS Act for stablecoins and digital asset market structure, while the UK side presented its digital strategy for wholesale financial markets. Both sides support comparable regulatory standards for stablecoins, including cross-border usage, comparable treatment of similar risks, and requirements that stablecoins used as money be backed at least one-to-one by high-quality liquid asset reserves. The U.S. Federal Deposit Insurance Corporation has proposed implementation standards for the GENIUS Act, covering reserves, redemption, capital, liquidity, risk management, custody, and safekeeping. The Bank of England has published draft rules for stablecoins that could reach systemic scale in the UK economy, including a temporary issuance cap of £40 billion per systemic stablecoin, unrestricted use by individuals and businesses, and reserve requirements. The Financial Regulatory Working Group is expected to convene again in early 2027.
Odaily News: U.S. Senate Digital Assets Subcommittee Chair Cynthia Lummis stated that the Senate will hold a vote on the CLARITY Act before lawmakers begin their August recess. The bill aims to divide federal crypto regulatory responsibilities and covers ethics, enforcement, consumer protection, and market certainty. Lummis said negotiations around the bill have been ongoing for 11 months, with Democrats proposing more than 300 pages of amendments. Current negotiations still involve sections related to the Commodity Futures Trading Commission (CFTC), enforcement provisions, and ethics rules for senior federal officials. On August 5, Democratic staff on the Senate Banking Committee listed five unresolved areas, including securities protection, illicit finance, national security, and presidential conflicts of interest. Donald Trump has received a bipartisan counter-proposal that would allow state attorneys general to enforce federal crypto ethics rules. Under the CLARITY Act, the CFTC and the U.S. Securities and Exchange Commission (SEC) would share regulatory oversight, establishing distinct pathways for qualifying digital commodities and securities. CFTC Chairman Michael S. Selig and SEC Chairman Paul Atkins both support advancing clearer digital asset regulatory legislation.
Odaily News With the end of the "Quiet Period" following SK Hynix's U.S. ADR listing, the market has begun to focus on whether the company will introduce shareholder return policies, including a stock split. Among these, the possibility of a "split" against the backdrop of high stock prices has become a key topic of discussion. Recent sentiment circulating in the Korean market suggests that SK Hynix may follow the precedent set by Samsung Electronics, promoting a stock split after continued share price gains to lower the per-share price and expand participation from individual investors. However, such claims have not yet been officially confirmed by the company.Park Seok-hyun, Deputy Head of the WM Products Division at Woori Bank, stated on YTN Radio on the 5th that there is "currently no clear basis" for an SK Hynix stock split, but it "cannot be considered entirely impossible." While SK Hynix's current par value is relatively low and whether there is room for another split is debated, a stock split is not completely out of the question as the share price continues to rise.He noted that following the listing of SK Hynix's ADR on the U.S. market in July, newly listed companies typically undergo a "quiet period" of about 25 days, during which major policy changes are rarely announced. That period ended on August 4th."The end of the quiet period means SK Hynix has entered a phase where it may announce important financial policies. The recent uptick in market discussions about stock splits and dividend increases may be linked to this timing," Park said.Market observers believe SK Hynix's current stock price is already at a high level on the Korean exchange. As of the close on the 5th, the company's stock was trading at 1.668 million KRW per share, a relatively high unit price. If a stock split were implemented in the future, it could lower the investment threshold and boost trading activity among retail and overseas investors.Additionally, Park noted that SK Hynix's profitability has improved significantly in recent years, and the company may also strengthen shareholder return policies in the future, including raising dividend levels. If such policies materialize, they could further increase interest from U.S. market investors in its ADR.However, SK Hynix has not yet made any official announcements regarding a stock split or adjustments to its dividend policy, and market speculation still awaits confirmation from the company's board and official sources. (Daum)
Odaily News According to official sources, Gate's GUSD product has been fully upgraded. Users holding GUSD can enjoy an annualized yield of 3.8%,with support for flexible deposits and withdrawals, 1:1 lossless redemption in the original subscription currency, and zero redemption fees. Meanwhile, Gate Launchpool is simultaneously opening SPCX and SLX staking pools. Among these, the total value of flexible staking in the SPCX GUSD pool has approached 66.38 million GUSD, with a staking APR of 3.50%. Combined with the 3.8% base annualized yield from GUSD flexible savings, the total annualized yield reaches as high as 7.30%.In addition, Gate is running multiple wealth management and reward campaigns in parallel. Dual rewards for deposits and trading: From 14:00 on August 3 to 14:00 on August 10, 2026 (UTC+8), deposit 100 USDT to receive 100 USDT, and trade to earn an additional 0.1 ETH. Exclusive VIP boost for Gate's余币宝 (Flexible Savings): USDT fixed-term wealth management yields have been fully upgraded, with 7-day and 30-day annualized yields increased to 3.8% and 4.0%, respectively. Quotas are limited and available on a first-come, first-served basis. High-yield campaign for USD1 holders: Starting from 00:00 on July 29 (UTC+8), users holding USD1 in their asset accounts can earn up to 8% annualized yield. Campaign rewards will be distributed daily in the form of WLFI to eligible user accounts.As the product ecosystem and reward framework continue to evolve, Gate will keep enriching users' asset yield scenarios, delivering a digital asset management experience with higher returns and lower barriers.
Bitget announces the launch of a new global community event "Fan Story Collection". From now until August 31, users can post text, images, or videos on social platforms such as X, sharing their experiences of growing together with the Bitget community, or their authentic experiences of using rToken to trade US stocks for the first time. Participating content must include the hashtag #BitgetFanStory, and entries must be submitted via the official form to participate in the selection.
According to the official website of the UK Financial Conduct Authority (FCA), the FCA announced the simplification of information disclosure and research publication rules for UK stock initial public offerings to enhance the competitiveness of the UK listing market. The new rules eliminate the 7-day waiting period for connected research reports in initial public offerings and simplify information sharing requirements between issuers and intermediaries, aiming to reduce issuance execution risks and compliance costs and facilitate corporate access to the public capital market. The relevant rules took effect immediately on August 5, 2026.
Odaily News - According to official sources, OKX Jumpstart Lite will launch RE (Re Protocol) "Staking Rewards" from August 11, 2026, 15:00 to August 17, 2026, 15:00 (UTC+8). During the campaign period, users can subscribe by locking BTC, RLUSD, OKB, or RE, and share a total reward pool of 700,000 RE airdrop rewards.Additionally, users can subscribe in advance starting today, with rewards calculated from the official start of the campaign. Users can view and participate in the campaign via the "Jumpstart" entry at the top of the Explore page on the OKX App.
Odaily News: Bybit has announced the official launch of HYPEUSDT options contracts, further enriching the platform's derivatives product matrix.Launch schedule:- August 4, 8:00 UTC: Initial listing of HYPEUSDT options contracts with expiration dates of August 5 and August 7, allowing short-term traders to position quickly.- August 6, 8:00 UTC: Expanded listing of six additional expiration dates — August 8, 9, 14, 21, 28, and September 25 — covering a range of short-, medium-, and long-term strategy needs.- Starting August 7: HYPE options contracts will enter a regular rolling generation mechanism to continuously ensure liquidity and trading depth.HYPE is a highly watched asset in the recent on-chain ecosystem, characterized by significant volatility, making it well-suited for directional trading or volatility strategies via options. This launch provides users with more flexible tools for risk management and yield enhancement.
the official interface shows predict.fun has launched a prediction market for the rise/fall of the SSE Composite Index. Users can participate in daily markets predicting whether the Shanghai Composite Index will go up or down. Currently, the probability of the SSE Composite Index rising on August 6, 2026, is provisionally reported at 50%.
According to the official announcement, HTX listed the UNITREE/USDT perpetual contract on August 5, with a maximum leverage of 10x.
According to NADA NEWS, the Japan Financial Services Agency announced on August 5 that it will officially establish the "Crypto Assets and Stablecoins Division" on August 7, placing it under the jurisdiction of the newly established Asset Management and Insurance Supervision Bureau. This organizational restructuring marks a substantive upgrade of Japan's crypto asset regulatory system—relevant functions previously dispersed among multiple affiliated bodies such as the "Crypto Assets, Blockchain, and Innovation Counselor Office" and the "Crypto Assets Monitoring Office" are now formally integrated into an independent division-level department. The newly established division comprises three sub-departments: the "Crypto Assets Monitoring Office" responsible for exchange supervision, the "Innovation Promotion Office," and the "Digital Payment Planning Office." The Financial Services Agency stated that this restructuring aims to address new challenges more precisely, such as the rapid development of digital technology in the financial sector and the strengthening of regulation over financial institutions.
Currently, Hollywood giants such as Disney, Universal, and Warner Bros. Discovery have filed lawsuits against MiniMax for unauthorized use of copyrighted content to train AI models. The U.S. court rejected MiniMax's application to withdraw the lawsuit in May this year, and the case is currently under review. H3 officially released model weights on August 3, supporting the generation of videos up to 15 seconds long with 2K resolution, and ranks first on the video editing leaderboard of the benchmark platform Artificial Analysis.
Binance will open 10 bStocks trading pairs, including Astera Labs (ALABB), ASML (ASMLB), AST SpaceMobile (ASTSB), BitMine Immersion Technologies (BMNRB), Coherent (COHRB), Credo Technology (CRDOB), IREN (IRENB), Netflix (NFLXB), Super Micro Computer (SMCIB), and USA Rare Earth (USARB), on August 5, 2026, at 20:00, simultaneously supporting spot algorithmic trading bots and Binance Convert zero-fee trading.
Bitget has launched a new round of CandyBomb, with a total prize pool of 20,000 USDT. This event is exclusive to new futures users, and the participation period is from August 4 to August 14. During the event, users can unlock corresponding candies by completing net deposit and futures trading tasks, with a maximum of 150 USDT per user. Detailed rules have been published on the Bitget official platform. Eligible users must click "Join Now" to complete registration before participating.
Odaily News - U.S. Democratic Senators Elizabeth Warren and Richard Blumenthal sent a letter to SEC Chairman Paul Atkins on Monday, calling for an investigation into whether President Trump's related Meme coins violate securities laws.In the letter, the two senators cited reports stating that since the Trump Meme coin launched in January 2025, nearly 1 million crypto wallets have incurred losses, totaling approximately $3.81 billion. They accused Trump of potentially engaging in a "rug pull" and requested that the SEC determine whether fraudulent arrangements or securities law violations exist.Warren and Blumenthal stated that despite the token's price being driven by Trump's own public statements, its value has plummeted significantly, making it necessary for the SEC to investigate whether a fraudulent scheme exists and to prevent continued extraction of substantial value from hundreds of thousands of investors.The letter comes as the White House is evaluating the latest ethics provisions compromise regarding conflicts of interest in Trump's cryptocurrency business. This proposal is seen as key to advancing the "Clarity Act" crypto market structure legislation. A previous Trump-endorsed draft drew opposition from Democrats because it only restricted public officials and their spouses from issuing or sponsoring digital assets, did not cover other family members, and designated the Department of Justice for enforcement.The two senators also claimed that Trump has an "active interest" in encouraging supporters to trade his Meme coin, and alleged that Trump has earned $636 million in revenue from the Meme coin. With the Senate entering its August recess on Friday and attention subsequently shifting to the November elections, whether the "Clarity Act" can advance in the near term still depends on whether both parties can reach consensus on Trump-related crypto conflicts of interest.