Weekly Preview | Trump's equal tariffs effective date postponed to August 7; Ethena (ENA) will unlock tokens worth approximately $96 million.

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News Preview:

  • Ethena (ENA) will unlock approximately 172 million tokens at 3 PM Beijing time on August 5, accounting for 2.70% of the current circulation, valued at approximately $95.8 million.
  • Brazilian legislators plan to debate a new cryptocurrency tax proposal put forward by the president on August 6.
  • Ethena has reached a USDe redemption agreement with German regulators, and holders must declare their redemption by August 6.
  • Trump's equal tariff effective date has been delayed by one week to August 7.
  • The Hong Kong RWA registration platform will go live on August 7.
  • YZi Labs' first offline global incubation program, EASY Residency, will conclude on August 10.

August 4

SEC Commissioner Hester Peirce to Discuss Regulatory Challenges with Small Crypto Projects at UC Berkeley on August 4

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce revealed that she will meet with several small crypto projects at UC Berkeley on August 4 to discuss the specific regulatory challenges they face. Projects interested in participating in the discussion can contact via email.

Exchanges:

Binance Alpha to Launch DarkStar (DARK) Token on August 4

Binance Alpha will launch DarkStar (DARK) on August 4. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens.

Binance Alpha to Launch Cycle Network (CYC) on August 4

Binance Alpha will launch Cycle Network (CYC) on August 4. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens. More details will be announced later.

Project Updates:

Solana Mobile: Second Phone Seeker to Start Shipping on August 4, Launching SKR Token

Solana Mobile announced that its second phone, Seeker, will start shipping on August 4, 2025. Additionally, Seeker will launch the SKR token, which is the native asset of the Solana mobile economy. SKR tokens will be directly distributed to developers and users participating in the ecosystem.

Succinct Airdrop Registration Ends on August 4

Registration for the Succinct airdrop has been open since July 29, with a deadline of 3 AM on August 4 (Beijing time). This airdrop rewards community members who actively participated in the testnet over the past six months and recognizes open-source developers who contributed to ZK, cryptography, and blockchain, as well as affiliated organizations of the cooperation agreement, partners of Succinct Labs, public goods organizations, and crypto Twitter influencers. Users with badges are eligible to participate in this airdrop.

The official Succinct documentation page shows that the total supply of PROVE tokens is 1 billion, used for payments, staking, and governance. The distribution ratio is: 25% for the public and future incentives (including 5% for the first airdrop), 25% for the ecosystem and R&D, 29.5% for core contributors, 10.5% for investors, and 10% for foundation operations. Investor and contributor tokens will have a one-year lock-up period and a four-year linear unlock.

Governance Voting:

dYdX Foundation Requests $8 Million in Funding to Launch New dYdX Grant Program, On-Chain Governance Proposal Set to Launch on August 4

dYdX Foundation's wholly-owned subsidiary, dYdX Grants Ltd., is applying to the dYdX Chain community treasury for $8 million in DYDX to initiate, manage, and operate a new dYdX grant program. This funding is expected to last approximately 12-18 months. This will enable dYdX grant projects to expand support for developers, researchers, and contributors across the entire dYdX ecosystem and improve operational efficiency and cost-effectiveness. Following feedback from the dYdX community, the on-chain governance proposal is set to launch on August 4.

Token Unlocks:

IOTA (IOTA) will unlock approximately 8.63 million tokens at 8 AM Beijing time on August 4, accounting for 0.22% of the current circulation, valued at approximately $1.6 million.

GoGoPool (GGP) will unlock approximately 750,000 tokens at 8 AM Beijing time on August 4, accounting for 10.60% of the current circulation, valued at approximately $1.2 million.

August 5

Exchanges:

Binance Alpha to Launch Towns (TOWNS) on August 5

Binance Alpha will launch Towns (TOWNS) on August 5. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens. More details will be announced soon.

Project Updates:

Rice Robotics to Launch RICE Token for AI Data Market on TokenFi Launchpad on August 5

Rice Robotics, the company behind the RICE AI platform, announced that it will begin selling its RICE token through the TokenFi Launchpad on August 5. RICE will provide a decentralized data market for AI robots, part of a broader effort to tokenize robot data and scale DePIN. The $750,000 presale represents 10% of the total supply of 1 billion tokens, valued at $7.5 million. Launch partners include BNB Chain, DWF Labs, and Floki.

The company's indoor delivery robots have been deployed at SoftBank's Tokyo headquarters, Mitsui Fudosan properties, and Japan's 7-Eleven stores, integrated with the 7-Now delivery system. RICE tokens will be used to incentivize data contributions, subscribe to AI models, and for platform governance, achieving deflation through buybacks via transaction fees. Earlier this year, the company secured $7 million in Pre-A funding from institutions including Alibaba Entrepreneurs Fund.

Token Unlocks:

Ethena (ENA) will unlock approximately 172 million tokens at 3 PM Beijing time on August 5, accounting for 2.70% of the current circulation, valued at approximately $95.8 million.

Spectral (SPEC) will unlock approximately 3.62 million tokens at 8 AM Beijing time on August 5, accounting for 17.57% of the current circulation, valued at approximately $1.8 million.

August 6

Policy Regulation:

Brazilian Legislators Plan to Debate New Cryptocurrency Tax Proposal on August 6

Brazilian legislators are preparing to debate a new cryptocurrency tax proposal put forward by President Lula, which would impose a fixed fee of 17.5% on all transactions, eliminating the income tax exemption for small trading businesses compared to the old tax system, and targeting decentralized finance activities through a temporary measure that took effect in June. A related hearing is scheduled for August 6, and the proposal must be confirmed within 120 days of promulgation to remain valid. The deadline for this decision is October 8; if the measure is not approved by this date, it will expire.

Project Updates:

Ethena Reaches USDe Redemption Agreement with German Regulators, Holders Must Declare Redemption by August 6

Ethena Labs has reached an agreement with the German Federal Financial Supervisory Authority (BaFin) to initiate a 42-day redemption process for USDe stablecoin holders. BaFin stated that USDe holders must declare their redemption to Ethena GmbH by August 6; after this deadline, related claims will be handled by its offshore affiliate, Ethena (BVI) Ltd. This agreement marks the formal end of a four-month regulatory dispute between the two parties, and Ethena GmbH will officially liquidate in Germany, the EU, and the European Economic Area, with the future of re-entering the EU market still uncertain.

Etherex Launches Official Website and Will Launch Token REX on August 6

DEX Etherex announced via Twitter that it has officially launched its website, aiming to inject liquidity into the Linea and broader Ethereum ecosystem. The token REX will be launched on August 6, and users can choose from various LP options.

Token Unlocks:

Heroes of Mavia (MAVIA) will unlock approximately 11.89 million tokens at 8 AM Beijing time on August 6, accounting for 23.03% of the current circulation, valued at approximately $1.9 million.

EigenCloud (previously EigenLayer) will unlock approximately 1.29 million tokens at 3 AM Beijing time on August 6, accounting for 0.40% of the current circulation, valued at approximately $1.4 million.

August 7

Policy Regulation:

Trump Delays Effective Date of Equal Tariffs by One Week to August 7

U.S. President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods exported to the U.S. from 67 trading partners, raising tariff levels to the highest in over a century. However, the new tariffs will not take effect until August 7, rather than the previously scheduled August 1, giving countries another window to negotiate lower tariffs. A senior government official stated, "This is historic; this is a new trade system, and this is what I call the Trump round of negotiations." White House officials indicated on Thursday evening that they hope to reach more agreements with countries before the new tariff implementation date of August 7.

Hong Kong RWA Registration Platform to Go Live on August 7

The Hong Kong RWA registration platform will go live on August 7, initiated by the Hong Kong Web 3.0 Standardization Association, which will facilitate the entire process of dataization, assetization, and financialization for RWA asset tokenization.

August 8

Project Updates:

JuCoin Commits to Full Compensation for Millions in Losses Due to Contract System Anomaly Before August 8

JuCoin released a statement regarding the contract system anomaly and its compensation decision. On August 1, 2025, at 16:06, JuCoin's contract system experienced a brief anomaly, during which the ETHUSDT perpetual contract exhibited price irregularities, resulting in some users profiting approximately 2.87 million USDT, while others incurred losses of about 7.3 million USDT. JuCoin stated that it will fully compensate all losses incurred during the incident, while profits will not be retroactively reclaimed. The total compensation amount is expected to be around 10 million USDT. The platform promises to complete all compensations before August 8.

Token Unlocks:

Immutable (IMX) will unlock approximately 24.52 million tokens at 8 AM Beijing time on August 8, accounting for 1.30% of the current circulation, valued at approximately 12.2 million USDT.

Space and Time (SXT) will unlock approximately 24.64 million tokens at 9 PM Beijing time on August 8, valued at approximately 2 million USDT.

August 9

Project Updates:

Bitcoin Re-staking Platform SatLayer Airdrop Registration Ends on August 9

The Bitcoin re-staking platform SatLayer announced on the X platform that airdrop registration for SlayDrop is now open, with a deadline of 9 PM on August 9.

Token Unlocks:

Movement (MOVE) will unlock approximately 50 million tokens at 8 PM Beijing time on August 9, accounting for 1.89% of the current circulation, valued at approximately 6.5 million USDT.

August 10

Project Updates:

YZi Labs' First Offline Global Incubation Program EASY Residency Ends on August 10

YZi Labs announced the launch of a 10-week offline global incubation program, EASY Residency, focusing on Web3, AI, and healthcare, aimed at clearing distractions for the top 1% of founders courageous enough to tackle challenges and providing a focused entrepreneurial environment. The program started on June 2, 2025, in Silicon Valley, California, and will conclude on August 10, when a Demo Day will be held. Selected teams (10-20) will showcase their product results to industry-renowned venture capitalists for potential investment opportunities. The mentor lineup includes industry leaders such as Binance co-founder CZ and Ethereum co-founder Vitalik Buterin, who will provide long-term guidance and support to entrepreneurs. Applications are currently open and will close on May 21 at 23:59 (GMT-7).

Token Unlocks:

Render (RENDER) will unlock approximately 492,000 tokens at 8 AM Beijing time on August 10, accounting for 0.09% of the current circulation, valued at approximately 1.7 million USDT.

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