Important Updates on August 8

The cryptocurrency sector has welcomed several key developments. Binance will remove multiple FDUSD trading pairs today at 14:00 (UTC+8), including full margin DOGS/FDUSD, MOVE/FDUSD, and isolated DOGS/FDUSD, among others. Investors need to close positions or transfer assets beforehand to avoid losses.

The 5M protocol of Jubi officially launched today, creating a five-year mutual assistance mechanism with an innovative business model, allowing free entry and exit of principal, achieving a daily yield of 3%, ensuring safety through decentralized custody and smart contracts, and supporting free transfer of cross-chain assets.

Additionally, the unlocking of popular tokens in August continues, with IMX unlocking 13.1 million USD today. Since most of the supply has already circulated, this unlocking may have limited impact on the market. Furthermore, news that Trump plans to allow Americans' retirement funds to invest in cryptocurrencies has triggered a rise in the prices of Bitcoin and others, and the market is closely monitoring the subsequent policy implementation. #币圈新闻