News Preview:
Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 AM Beijing time on August 12, accounting for 2.20% of the current circulation, valued at approximately $52.1 million.
The U.S. July CPI data 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 15, accounting for 0.51% of the current circulation, valued at approximately $39.2 million.
In the SEC vs. Ripple lawsuit, while there is no fixed deadline for the SEC to withdraw its appeal, it must submit a report to the appeals court by August 15, and new updates are expected before then.
FTX announced that the next round of compensation registration date will be August 15, and creditors must complete KYC verification, submit tax forms, and select designated compensation channels by this date.
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 circulation, valued at approximately $41.9 million.
August 11
Policy Regulation:
The Malaysian Securities Commission plans to revise the rules for cryptocurrency exchanges, with a consultation period ending on August 11.
The Malaysian Securities Commission plans to reform the framework for digital asset exchanges (DAX) and proposes a series of regulatory enhancements to accelerate token listings and strengthen investor protection. The new regulations suggest allowing digital assets that meet minimum requirements to go live without prior approval while increasing the responsibilities of exchange operators.
Additionally, the proposal includes mandatory customer asset segregation and higher governance and operational requirements to address the risks of digital asset trading. DAX operators must also meet higher financial thresholds to enhance the operational and financial resilience of the platform. The public can submit feedback from June 30 to August 11, and the consultation document has been published on the SC official website.
Hong Kong plans to expand restrictions on misleading financial names to include terms like 'virtual assets,' with a consultation period ending on August 11.
The Hong Kong Securities and Futures Commission recommends expanding the restricted names list under the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance to include terms like 'trading platform' and 'virtual assets' to prevent unregulated entities from misleading the public, with a consultation period ending on August 11.
Exchanges:
Binance Alpha will launch Xeleb Protocol (XCX) on August 11.
Binance Alpha will launch Xeleb Protocol (XCX) on August 11. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page once trading opens.
Binance Alpha will launch SatLayer (SLAY) on August 11.
Binance Alpha announced it will be the first exchange to launch SatLayer (SLAY) on August 11. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page once trading opens.
Binance will adjust the minimum price precision of several U-based perpetual contracts on August 11.
Binance will adjust the minimum price precision of the following U-based perpetual contract trading pairs at 3:00 PM on August 11 (UTC+8). During the adjustment period, U-based perpetual contract trading and operations will not be affected; API will be updated synchronously, and API users can view the latest price precision of U-based perpetual contracts through GET /fapi/v1/exchangeInfo; existing contract orders will not be affected. After the price precision update, the system will match based on the original order price precision in the matching system.
Binance will delist DEFIUSDT and MEMEFI U-based perpetual contracts on August 11.
Binance Contracts announced that at 5:00 PM Beijing time on August 11, 2025, they will automatically liquidate DEFIUSDT and MEMEFI U-based perpetual contracts and will delist the related trading pairs after liquidation. Users must close their positions by 4:30 PM Beijing time on August 11, otherwise they will not be able to add new positions.
Bithumb and other South Korean DAXA members will delist the ALEX token on August 11.
The South Korean cryptocurrency exchange Bithumb announced that members of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for ALEX, with Bithumb expected to cease trading support for ALEX on August 11 and withdrawals on September 11.
Project updates:
The airdrop claim for the SNS token of sns.sol will close on August 11.
The Solana domain service sns.sol (formerly Bonfida) announced that its token generation activity is now live, with 40% of the supply specifically allocated for 'early and new supporters.' Users need to claim SNS tokens through wallets holding '.sol domain', with a deadline of August 11. The newly launched SNS token aims to replace the previously issued FIDA token by Bonafida. Bonafida stated this month that the economic model of FIDA is 'unsustainable' and cannot meet the needs of .sol holders.
Earlier this month, the project stated that 20% of the total supply has been 'claimed', and it has 'new team, new mission, and clear focus.' This announcement was made on the same day Bonafida claimed that the FIDA token economics is unsustainable.
Token Unlocking:
Solayer (LAYER) will unlock approximately 27.02 million tokens at 10:00 PM Beijing time on August 11, accounting for 9.51% of the current circulation, valued at approximately $17 million.
io.net (IO) will unlock approximately 13.29 million tokens at 8:00 PM Beijing time on August 11, accounting for 6.51% of the current circulation, valued at approximately $8.3 million.
BounceBit (BB) will unlock approximately 42.90 million tokens at 8:00 AM Beijing time on August 11, accounting for 6.36% of the current circulation, valued at approximately $5.4 million.
August 12
Macroeconomics:
The U.S. July CPI data will be released at 8:30 PM on August 12.
Exchanges:
Binance Alpha will launch World3 (WAI) on August 12.
Binance Alpha will launch World3 (WAI) on August 12. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page once trading opens. Specific details will be announced separately.
FTX lawyers claim Three Arrows Capital's $1.5 billion claim is 'unreasonable,' with the related hearing scheduled for August 12.
FTX's bankruptcy management lawyers recently opposed the $1.53 billion claim made by Three Arrows Capital (3AC), requesting the court to dismiss it in full. The lawyers argued that 3AC's losses were due to market fluctuations and its own withdrawal, unrelated to FTX. In March of this year, the bankruptcy court approved 3AC's claim amount to be increased from $120 million to $1.53 billion. In November 2024, 3AC claimed, based on new evidence, that FTX had sold $1.5 billion in assets two weeks before initiating liquidation. However, FTX's lawyers countered that the claim was based on unreasonable premises, inaccurate data, and neglect of facts. FTX pointed out that after the Terra crash in June 2022, 3AC's account balance was below $240 million, yet it did not replenish margin and instead withdrew $18 million in ETH. FTX subsequently liquidated $820 million in assets to avoid a loss of $18 million when the account went bankrupt. 3AC must respond by July 11, and the hearing is scheduled for August 12.
Project updates:
The Superp Foundation will unlock and distribute the remaining 3% airdrop in one go next week, with the claim page expected to go live on August 12.
The Superp Foundation of the derivatives protocol indicates that 2% of the 5% token airdrop allocation completed during the TGE has been distributed, and the remaining 3% will be unlocked and fully distributed next week. The claim page is expected to go live on August 12.
Extended will migrate to Starknet in three phases, with the first phase starting on August 12.
The perpetual contract trading platform Extended, built by Revolut founder RF, announced it will migrate from StarkEx to Starknet in three phases, with the first phase starting on August 12. From now on, only trades on Starknet will earn points, and activities on StarkEx will no longer receive rewards. Users migrating in the first phase will receive additional rewards. Both StarkEx and Starknet instances will operate normally during this phase. The migration will be automatic, and users do not need to withdraw funds; they just need to 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, accounting for 2.20% of the current circulation, 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 circulation, valued at approximately $5.6 million.
August 13
N/A
August 14
Macroeconomics:
2025 FOMC voting member and Chicago Fed President Goolsbee will speak on monetary policy.
2027 FOMC voting member and Atlanta Fed President Bostic will speak on the outlook for the U.S. economy.
U.S. initial unemployment claims for the week ending August 9 and July PPI data.
Exchanges:
Gemini previews a major event to be announced on August 14.
The exchange Gemini tweeted a preview of a major event to be announced on August 14.
Project updates:
HashFlare's two founders requested a reduction of their prison sentences in a U.S. court, with the sentencing hearing scheduled for August 14.
The now-defunct cryptocurrency mining service HashFlare's co-founders requested U.S. judges to waive their additional imprisonment after admitting to telecom fraud, but prosecutors stated they orchestrated a $577 million Ponzi scheme and should be sentenced to 10 years in prison.
In a sentencing memo submitted to Judge Robert Lasnik of the Seattle Federal Court, prosecutors argued that Sergei Potapenko and Ivan Turõgin should each be sentenced to 10 years in prison for this 'horrific crime,' which caused approximately $300 million in losses to victims. Prosecutors argued that given HashFlare is the largest fraud case reviewed by the court, a 10-year sentence is reasonable. However, Potapenko and Turõgin, in a sentencing memo submitted the same day, stated that their sentences should be reduced due to their cooperation and having served time in Estonia.
The two were arrested in Estonia in November 2022 and, after serving 16 months, were extradited to the U.S. in May 2024, where they admitted to conspiring to commit telecom fraud. They are currently out on bail in the U.S., and their sentencing hearing is scheduled for August 14.
Block may release new Bitcoin mining chips on August 14.
Amrita Ahuja, CFO of Block, a crypto fintech company founded by Twitter co-founder Jack Dorsey, stated in an interview with CNBC that the company will launch new Bitcoin mining chips next week, aimed at optimizing the decentralized Bitcoin mining ecosystem. It was reported that Block disclosed the completion of a 3-nanometer Bitcoin mining chip development months ago. Additionally, Jack Dorsey also posted on X platform 'Next Week' with an image of mining tools, implying that a new product will be launched on August 14.
August 15
Policy Regulation:
U.S. SEC vs. Ripple case: SEC must submit a report to the appeals court by August 15.
The crypto community is closely watching the progress of the SEC lawsuit against Ripple, hoping for an early conclusion to the long-standing XRP case. Ripple has withdrawn its appeal, but the SEC has not followed up. Legal expert Bill Morgan stated that while the SEC has no fixed deadline for withdrawing its appeal, it must submit a report to the appeals court by August 15, 2025, with new updates expected in the next two weeks. The focus of the case is whether Ripple's sale of XRP constitutes an unregistered securities transaction. In 2023, a judge ruled that institutional sales of XRP were securities transactions, while exchange programmatic sales were not. Although both parties reached a settlement, it was rejected by the judge.
Ghana requires virtual asset companies to complete registration by August 15.
Market news: Ghana requires virtual asset companies to complete registration by August 15.
Exchanges:
FTX plans to start the next round of compensation registration on August 15, releasing $1.9 billion in disputed claims reserve funds.
FTX announced that the next round of compensation registration date will be August 15, expected to start executing on September 30. This round of compensation is aimed at approved fifth-class customer claims, sixth-class ordinary unsecured claims, and newly approved claims since the last compensation. Meanwhile, the court has approved reducing the disputed claims reserve from $6.5 billion to $4.3 billion, releasing $1.9 billion for this round of compensation. Compensation will be executed through BitGo, Kraken, and Payoneer.
Creditors must complete KYC verification, submit tax forms, and select designated compensation channels by August 15. For transferred claims, procedures must be completed before the registration date and pass a 21-day objection period. Funds will be managed by creditors after arriving at the service provider's account.
Project updates:
SharpLink will hold a conference call on August 15 to disclose its second-quarter financial report.
SharpLink Gaming (SBET), an Ethereum reserve listed company, announced it will hold a conference call and live stream on August 15, 2025, at 8:30 PM to disclose financial and operational performance for the three and six months ending June 30, 2025.
Developer Activities:
BNB Chain announced the selection of projects for the tenth season of MVB and will hold a Demo Day on August 15.
The tenth season of the BNB Chain's Most Valuable Builder (MVB) Accelerator program has successfully selected 15 early Web3 projects. This season's MVB is co-hosted by BNB Chain, YZi Labs, and CMC Labs and aims to provide comprehensive support for startup projects, from financing strategies and tokenomics design to team building, promoting BNB Chain's vision of 'bringing a billion Web3 users.'
The tenth season of MVB will launch online and hold a two-day offline closing camp in New York, with the top selected projects getting the chance to receive investment support from YZi Labs. Demo Day will be held on August 15, and global audiences can watch online. Since its launch in 2021, the MVB program has incubated over 200 projects, with 16 selected in the ninth season. Recently, YZi Labs invested in Meet48 and Avalon Labs, both from MVB-selected teams.
The selected 15 Web3 projects cover AI (RICE AI, Whitebridge Network), DeFi (AGNT.Hub, FlashX.ai, Opsin, Sigma Money), DePin (Bitring, ShareX), payments (AEON, Pepay), RWA (Asseto, AXC, DMZ Finance, R2), and decentralized social (dLife) tracks. Selected projects will participate in online incubation and offline closing camp, with winners 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 15, accounting for 0.51% of the current circulation, valued at approximately $39.2 million.
Sei (SEI) will unlock approximately 55.56 million tokens at 8:00 PM Beijing time on August 15, accounting for 1.21% of the current circulation, valued at approximately $17.5 million.
Starknet (STRK) will unlock approximately 127 million tokens at 8:00 AM Beijing time on August 15, accounting for 5.98% of the current circulation, valued at approximately $16.8 million.
August 16
Exchanges:
Coinbase will suspend Function X (FX) trading on August 16.
Coinbase announced that it will suspend Function X (FX) trading around 2:00 AM on August 16, 2025. This decision is due to the project team still pausing the underlying smart contract of the asset on Coinbase.
Project updates:
The Celestia Foundation will purchase all TIA held by Polychain, and the transaction will adopt a rolling unlock mechanism, with the first unlock date on August 16.
Celestia tweeted that 'The Celestia Foundation has partnered 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 cancel all of its staked TIA holdings. To ensure the foundation's financial situation is unaffected, the foundation is finalizing the distribution of TIA with new investors. These transactions will adopt a rolling unlock mechanism, with the first unlock starting on August 16 and completing on November 14.'
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 circulation, valued at approximately $41.9 million.
August 17
N/A
Specific time to be determined.
Michael Saylor again released Bitcoin Tracker information, and Strategy may disclose increased holdings data next week.
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), again released Bitcoin Tracker information on X platform and may disclose increased holdings data next week. He stated: 'If you don't stop buying Bitcoin, you won't stop making money.'
