According to the announcement from Binance, the platform is set to introduce a new trading challenge to celebrate the listing of Plume (PLUME) on Binance Spot. The event will feature two promotional activities, offering a combined prize pool of 10,000,000 PLUME in token vouchers. The promotion period is scheduled from 2025-08-19 09:30 (UTC) to 2025-09-02 09:30 (UTC). Promotion A is open to all verified regular and VIP users. Participants must trade a cumulative amount of at least $300 equivalent in PLUME on Binance Spot during the promotion period. Eligible users can earn a random reward ranging from 20 to 100 PLUME in token vouchers, with rewards limited to the first 40,000 participants. Promotion B involves a trading volume tournament, where users must trade a cumulative amount of at least $500 equivalent in any PLUME pairs on Binance Spot. The prize pool for this promotion will be determined by the total number of eligible participants, with a maximum of 8,000,000 PLUME available. Rewards are capped at 2,200 PLUME per user, and the final allocation is based on the user's trading volume relative to the total trading volume of all eligible participants. Binance has outlined specific rules for the promotions, including the exclusion of zero-fee trading pairs from volume calculations and the requirement for users to claim their rewards within 21 days of distribution. The leaderboard will be updated daily, and all token vouchers will be distributed by 2025-09-16. Binance reserves the right to amend or cancel the promotions at its discretion, and all participants must adhere to the terms and conditions set forth by the platform.

UK crypto exchange Lykke collapsed after hackers linked to North Korea’s Lazarus Group stole £17 million in digital assets. The company went into liquidation, its founder was declared bankrupt, and affected users are still waiting for refunds.

According to BlockBeats, U.S. Federal Reserve Chair Jerome Powell is set to deliver a speech on the economic outlook and the Fed's policy framework at the Kansas City Fed's annual central bank meeting in Jackson Hole, Wyoming, on August 22 at 10 a.m. Eastern Time (10 p.m. UTC+8). Major investment banks have shared their expectations for Powell's address. State Street Global Advisors anticipates that Powell might pave the way for interest rate cuts starting in September and continuing through the end of the year. UBS suggests that, based on last week's data, Powell may indicate a preference for a rate cut in September. Russell Investments believes the Jackson Hole meeting could temper expectations for a Fed rate cut, suggesting that a September cut is "possible" rather than "certain," with a likely reduction of 25 basis points instead of 50. ING notes that recent concerns expressed by three Fed officials—Daly, Cook, and Kashkari—about the deteriorating job market could signal a shift towards a more dovish stance at the Jackson Hole meeting. MUFG highlights the risk that Powell might not provide a clear signal on the timing of the next rate cut, allowing the Fed more time to assess upcoming data before the September FOMC meeting. This could help mitigate short-term downward pressure on the U.S. dollar. Bank of America remains skeptical about a rate cut this year, noting that Powell expressed satisfaction in July with low employment growth as long as the unemployment rate remains within a narrow range. This scenario appears to be unfolding, and Powell's speech at Jackson Hole will offer him an opportunity to align his words with actions.

null source: https://x.com/DaanCrypto/status/1957719562520260938

According to PANews, Intel's stock experienced a significant increase of 6% in pre-market trading on August 19. This surge follows the announcement that SoftBank Group has invested $2 billion in the company. The investment marks a notable development for Intel, as it continues to navigate the competitive landscape of the technology sector.

null source: https://x.com/DaanCrypto/status/1957718947429564788

Cathie Wood's Ark Invest has purchased 123,336 shares of Robinhood, worth $14. 2 million on Monday, after acquiring $9 million worth same shares last week. source: https://cryptonews.com/news/cathie-woods-ark-invest-scoops-14m-worth-of-robinhood-shares/

According to Foresight News, L1 blockchain Supra announced via a tweet that SupraNova has been launched on the Ethereum mainnet. The platform is set to support additional blockchains, potentially starting with BNB. Users can now transfer ETH and USDC from the Ethereum mainnet to the Supra mainnet without the need for cross-chain transactions.

GameFi is broken – if it ever worked to begin with. Play-to-earn relied on complicated tokenomics (often inflationary), with gameplay driven largely by luck. And if you really wanted to earn more, the easiest way was by bot-powered reward farming. As a result, the GameFi sector hasn’t really gotten off the ground, mired in crappy gameplay and poor mechanics source: https://www.newsbtc.com/news/tapzi-presale-provides-skill-to-earn-web3-gaming-wants/

According to BlockBeats, Japanese 3D printing construction company Lib Work has announced its decision to include Bitcoin in its corporate reserve assets. The company plans to purchase Bitcoin worth $3.3 million as a tool to hedge against inflation. Lib Work specializes in the research and application of 3D printing construction technology.

According to PANews, Swedish cryptocurrency trading firm Safello has announced plans to introduce Europe's first physically backed TAO exchange-traded product (ETP). This ETP is set to be listed on the SIX Swiss Exchange, Euronext Paris and Amsterdam, and Deutsche Börse Xetra. The initiative aims to provide both institutional and retail investors with an opportunity to invest in Bittensor's native token, TAO.

Dutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.

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Stablecoins have become a parallel to the US dollar. Tokenization isn't just a marketing gimmick; it's the process of transforming capital into something programmable. Ethereum is becoming the invisible settlement layer behind open networks and enterprise financial experiments.

The SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.

China Merchants Bank (CMB), one of China’s biggest financial institutions has successfully set up its first crypto exchange in Hong Kong under its subsidiary company, CMB International Securities Limited.

The United States not only uses "clearer rules" to increase the attractiveness of the capital market, but also uses "a more fundamental view of rights" to reshape the attractiveness of talent.

In addition to the simple definition of stablecoin, it is also mixed with surrounding concepts such as blockchain, web3.0, RWA, US debt crisis, US dollar hegemony, decentralization, etc., which makes it suddenly more difficult to understand.

Qubic has just declared that it is planning an attack on the DOGE network, with plans of taking over 51% of the memecoin's hash power.

South Korea plans to submit a stablecoin regulation bill in October to allow banks and tech firms to issue and manage won-pegged stablecoins. Major banks are preparing for adoption and may partner with USDC issuer Circle to enable domestic and international crypto payments.