Key Takeaways:Richard Teng says DEX growth is healthy for the crypto ecosystem, with over $480B in monthly volume according to DeFiLlama.Binance does not plan to directly compete by launching a DEX but is instead focusing on Binance Wallet and Binance Alpha.These platforms serve as bridges between CeFi and DeFi, offering users simple access to decentralized finance with Binance’s scale and security.DEX Growth Reflects Healthy Industry MomentumDuring a Binance Square AMA, CEO Richard Teng responded to a question about whether Binance plans to compete in the decentralized exchange (DEX) space, given the rise of platforms like Hyperliquid.“Many DEXes are growing and evolving, which is a healthy sign for the industry. It shows increasing interest and participation in DeFi,” Teng said.According to DeFiLlama, DEX trading volume surpassed $480 billion in the past 30 days, marking a steady rise year-over-year and underscoring the sector’s long-term momentum.Binance’s Strategy: Wallet and AlphaTeng clarified that Binance’s strategy is not focused on launching a new DEX but on strengthening user access to DeFi through Binance Wallet and Binance Alpha.“Our strength lies in delivering what users want, sometimes even before they realize it,” Teng noted.Binance Wallet has rapidly grown as a non-custodial solution, allowing users to interact directly with DeFi protocols while retaining control of their funds.Binance Alpha has already “captured most market share within this space,” Teng said, positioning it as a central hub for token launches, rewards, and DeFi participation.CeFi Meets DeFiRather than competing head-on with standalone decentralized exchanges, Binance’s strategy is to act as a bridge between centralized finance (CeFi) and decentralized finance (DeFi).By combining Binance’s liquidity, security, and compliance framework with direct DeFi access through Wallet and Alpha, the company seeks to give users the “best of both worlds.”Industry ImplicationsBinance’s stance highlights a broader trend: centralized exchanges are shifting away from direct competition with DEXes and instead focusing on integration and accessibility.As Teng put it, “Competing by launching a DEX isn’t the only way to engage with DeFi.”With Binance Wallet and Alpha already gaining significant traction, Binance is positioning itself as the gateway for mainstream users into DeFi—without the steep learning curve typically associated with self-managed platforms.

According to the announcement from Binance, the platform is set to introduce the Carnival Quest campaign in the MENASA region, offering participants a chance to share in $300,000 worth of token voucher rewards. The campaign will run from 2025-08-28 to 2025-09-28, targeting verified regular and VIP 1 - 3 users. Participants can engage in daily challenges across Spot, Futures, P2P, and Fiat trading to earn reward chances, with each challenge completion offering a random BMT token voucher worth up to $50. To participate, users must complete specific tasks to unlock reward chances every 24 hours. These tasks include accumulating at least $2,500 in total trading volume on Binance Futures, $500 on Binance Spot, successfully referring a friend who completes account verification, or purchasing a minimum of 300 USDT via Binance P2P or Fiat. Additionally, the first 1,000 users to complete their first trade during the promotion will receive $25 in BMT tokens, with a total prize pool of $25,000. Token voucher rewards will be distributed within 14 working days after the campaign ends. Users can redeem their vouchers via the Rewards Hub, with a validity period of 14 days from distribution. Binance emphasizes that sub-account trading volumes will not be combined with master accounts, and reserves the right to disqualify trades or participants involved in dishonest behavior or market manipulation. The platform also retains the discretion to amend the campaign terms or cancel the activity without prior notice.

According to PANews, Tencent Cloud servers experienced severe configuration errors, leading to the exposure of sensitive internal credentials and source code to the public internet. The issue was identified by researchers during routine scans in late July 2025. These errors allowed critical configuration files to be directly accessed externally, posing significant potential risks.

According to Foresight News, U.S. Nasdaq-listed company LiveOne has increased its Bitcoin holdings by over $2 million, bringing its total investment to $4 million, equivalent to approximately 34.2 BTC.

Both men face convictions tied to the software’s use in criminal activity — Storm in the United States and Pertsev […] The post Did Tornado Cash Developers Just Get a Lifeline From Solana? appeared first on Coindoo. source: https://coindoo.com/did-tornado-cash-developers-just-get-a-lifeline-from-solana/

France is becoming a global hotspot for crypto "wrench attacks" targeting holders amid organized crime surge. source: https://decrypt.co/337167/paris-police-kidnapping-ex-crypto-trader

تشير التحركات الأخيرة في مؤشر هيمنة البيتكوين إلى احتمالية اقتراب موجة العملات الرقمية البديلة من نهايتها. حيث ارتد المؤشر مؤخرا عن خط اتجاه صاعد ظل صامدا منذ مطلع عام 2023، ليستقر فوق مستوى 58%، ما يعزز احتمال عودة التركيز إلى البيتكوين على حساب العملات الرقمية البديلة. source: https://arab-btc.net/bitcoin-dominance-rebounds/

A significant portion of the almost $5 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 72% climb over the past three months source: https://cointelegraph.com/news/ethereum-exit-queue-record-5b-eth-sell-pressure-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ethereum volume shows extremely bullish tendencies source: https://u.today/ethereum-eth-isnt-dying-358-million-institutional-euphoria

Solana briefly broke February resistance as retail commentary turned overwhelmingly bullish. source: https://cryptopotato.com/solana-sol-just-did-something-it-hasnt-done-since-february/

In the past year, the most magical crypto story must be World Liberty Financial (WLFI).

「Ronin is coming home to Ethereum.」

Stablecoins are the next step in the evolution of money. Like traditional fiat currencies, they rely on the trustworthiness of sovereigns.

A man in Shanghai has sparked widespread outrage after displaying his hairless dog with a large, elaborate tattoo covering its back at a Pet Fair Asia in Shanghai, China.

Is the US Stablecoin Act a "booster" for US dollar hegemony? Golden Finance: The first year of stablecoin regulation, US legislation sends shockwaves.

Philippine Senator Bam Aquino has proposed putting the country’s entire national budget on blockchain so citizens can track all government spending. The plan builds on existing blockchain initiatives but faces technical and political challenges before it can be fully implemented.

Iran’s cryptocurrency flows have fallen sharply in 2025 following a series of destabilizing events, including renewed conflict with Israel, a $90 million hack targeting the country’s largest exchange, and Tether’s unprecedented freeze of dozens of wallets linked to Iran.

On the eve of the official opening of WLF token trading on September 1, the market was shrouded in a complex emotion of enthusiasm, expectation and deep doubts.

A former cryptocurrency trader was kidnapped near Paris on 26 August and released the next day with injuries, despite a €10,000 ransom demand. The attack is part of a rising trend of crimes targeting people linked to digital assets in France.

WLFI is not a single-dimensional encryption project, but an unprecedented complex that operates on three different levels.