Binance has announced the launch of the Plasma USDT Locked Product under its On-Chain Yields platform. Starting today at 12:00 (UTC), users can subscribe their USDT for a limited time to earn both daily USDT rewards and XPL airdrop rewards from the Plasma Protocol after its upcoming Token Generation Event (TGE).Key Details of the Plasma USDT Locked ProductSubscription Period: August 20, 2025, 12:00 (UTC) until Plasma’s Post-TGE, or until quota is filled.Total Subscription Limit: 250,000,000 USDT (subject to adjustments by Binance).Rewards:USDT Rewards – distributed daily to users’ Spot Accounts.XPL Rewards – distributed post-TGE from a pool of 100,000,000 XPL (1% of total supply).Reward Calculation: Based on multiple daily snapshots of users’ subscription amounts, similar to Binance’s HODLer Airdrop method.Redemption RulesEarly Redemption:Users retain all accrued USDT rewards up to the redemption date.XPL rewards are preserved based on historical snapshots already taken.Redeemed USDT will be credited back to Spot Accounts within three days.Reward Accrual Start: Rewards begin accruing the day after subscription (no rewards on the subscription day).Notes & DisclaimersProduct launches on Binance Earn are independent of any future Binance Listings.Participation does not guarantee XPL will be listed on Binance markets.Minimum/maximum subscription limits and lock duration requirements apply.Why It MattersThe Plasma USDT Locked Product offers users a dual incentive model—providing stable daily USDT income alongside exposure to Plasma’s native XPL token via an airdrop. With a capped supply pool and first-come, first-served allocation, early participation is expected to be competitive.

Binance has announced its role as a founding member of the Beacon Network, a first-of-its-kind real-time crypto crime response system developed by blockchain analytics firm TRM Labs. Backed by leading exchanges, payment providers, and law enforcement partners, the initiative aims to prevent illicit funds from leaving the blockchain by enabling instant, coordinated action.A New Era of Crypto Crime PreventionThe Beacon Network connects exchanges, stablecoin issuers, regulators, and law enforcement into a live intelligence-sharing system. When investigators flag suspicious addresses linked to hacks, scams, or fraud, the information is instantly distributed across the network.Participating platforms, including Binance, can immediately freeze or block flagged funds before they exit the ecosystem. This marks a shift from reactive approaches to proactive, real-time defense.“Blockchain has proven to be one of the most powerful tools to fight financial crime. Beacon Network further enables private and public sector collaboration to ensure that we continue to lower crime on the blockchain,” said Noah Perlman, Binance’s Chief Compliance Officer.Why It MattersWhile illicit activity accounts for less than 1% of all crypto transactions, hacks and scams still cost billions each year. The Bybit hack earlier this year, which saw over 10,000 transactions in its first month, underscored how quickly stolen funds can spread.Beacon Network is designed to address such threats by:Blocking ransomware payments and terrorism financing.Recovering stolen assets before they reach off-ramps.Strengthening cross-border law enforcement collaboration.Industry-Wide CollaborationAlongside Binance, other founding members of the Beacon Network include Coinbase, PayPal, Kraken, Ripple, Crypto.com, OKX, and Bitfinex, among others. Membership is also open to DeFi platforms, stablecoin issuers, and security researchers, with affiliate membership offered for free to encourage widespread adoption.The initiative highlights a broader industry trend: building trust and security as foundations of global crypto adoption.Binance’s RoleAs the world’s largest exchange, with over 280 million users and the deepest liquidity in the market, Binance’s participation significantly enhances the reach and effectiveness of Beacon Network alerts. Its ability to detect and freeze flagged funds strengthens the resilience of the entire crypto ecosystem.Final ThoughtsBeacon Network represents a milestone in crypto security, shifting the balance of power away from criminals and toward defenders. By combining blockchain transparency with real-time intelligence sharing, the network bolsters security and trust, paving the way for broader digital asset adoption.For Binance, joining as a founding member underscores its commitment to building a safer, more resilient crypto industry.

According to Reuters, Beijing’s plans mark one of the most significant policy shifts to date in its approach toward digital […] The post China Eyes Yuan-Backed Stablecoins to Challenge Dollar Dominance appeared first on Coindoo. source: https://coindoo.com/china-eyes-yuan-backed-stablecoins-to-challenge-dollar-dominance/

Defense stocks across Europe are crashing again, this time side by side with the fastest unwinding of gas long positions since winter 2023, with arms manufacturers and energy bulls both getting hit. The sell-off comes after markets briefly rallied Tuesday on the back of talks held in Washington between U. S. President Donald Trump, Ukrainian President […] source: https://www.cryptopolitan.com/european-arms-stocks-plunging-with-gas-longs/

Target's stock dropped over 10% premarket after reporting Q2 earnings and announcing a new CEO transition. source: https://tokenist.com/why-did-targets-shares-crash-in-premarket-trading-today/?utm_source=rss&utm_medium=rss&utm_campaign=why-did-targets-shares-crash-in-premarket-trading-today

China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters. source: https://cointelegraph.com/news/china-considering-yuan-backed-stablecoins-global-currency-usage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

2,943,549,207,720 Shiba Inu (SHIB) surface in Bybit's latest announcement source: https://u.today/bybit-reveals-how-much-shiba-inu-shib-it-owns-talk-about-trillions

Google Search interest in the term 'Alt Season' has experienced a significant decline, falling by more than 50% within just one week. source: https://voiceofcrypto.online/ampstories/web-stories/google-search-interest-for-alt-season-drops-over-50-in-a-week

إلينوي تُقر أول قوانين لحماية مستهلكي الكريبتو في الغرب الأوسط، مع إلزام البورصات بالرقابة وتحديد رسوم أجهزة الصراف الآلي عند 18%. source: https://ar.cointelegraph.com/news/illinois-governor-slams-trump-crypto-bros-signs-two-new-crypto-bills?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ALT5 Sigma, the Trump Family’s World Liberty Financial-backed Nasdaq-listed crypto and fintech firm, has denied reports from media outlets of a regulatory probe involving one of its associates, venture capitalist Jon Isaac. The firm issued a statement late Tuesday on X, rejecting allegations that the US Securities and Exchange Commission (SEC) had opened an inquiry […] source: https://www.cryptopolitan.com/alt5-sigma-denies-sec-investigation-rumors/

Recommended reading tonight: 1. Google invests $132 million in crypto mining: Why did it choose TeraWulf? 2. Interest rate cut expectations, DAT speculation, and market indicators: When will the bull market top? 3. BTC will remain the world's best-performing asset over the next 10 years.

Is the crypto market a healthy correction or a sign of recession? What's the outlook for the crypto market? Golden Finance reports that the downward trend seems to be unstoppable.

OpenAI is planning a secondary share sale that could see employees cashing out around $6 billion, potentially valuing the company at $500 billion. The move comes as revenue surges from ChatGPT growth and the firm expands with new funding, acquisitions, and AI development.

Shein’s high-stakes push for a public listing has taken a new twist. The fast-fashion giant is reportedly considering shifting its corporate base back to China from Singapore in a bid to win Beijing’s approval for a Hong Kong initial public offering (IPO), according to Bloomberg.

Is it because there are too many Ethereums waiting to be unlocked that has caused market concerns and triggered the decline in Ethereum?

Can stablecoins like ETH and BMNR continue to rise? Cathie Wood discusses the investment logic behind BitMine, the Ethereum treasury. Golden Finance discusses ARK's bet on the crypto and tech boom of the next decade.

BTC, market, why did Bitcoin crash? Will $112,000 be the final bottom? Golden Finance, the market is beginning to question whether this bull run is nearing its end.

Bank of America is exploring entry into the stablecoin market, but will move forward only if U.S. regulations are clear. CEO Brian Moynihan said the bank plans to work with industry partners to ensure compliance while offering faster, more efficient digital payments.

Illinois Governor JB Pritzker pointed his fingers at President Donald Trump, calling him responsible for the degrading of the crypto laws in the United States after letting so-called "Crypto bros" write the federal policy.

As competition in the AI field becomes increasingly fierce, TeraWulf's development footprint is providing a transformation model for more crypto mining companies.