This Week's News Preview | Hong Kong RWA Registration Platform Launches; Binance Alpha Launches Towns (TOWNS)

Organized by: Jerry, ChainCatcher

Key News:

August 4 (Monday)

Binance Alpha will launch DarkStar (DARK) on August 4

According to the official announcement, Binance Alpha will launch DarkStar (DARK) on August 4. Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after trading opens. Further details will be announced separately.

Binance Alpha will launch Cycle Network (CYC) on August 4

Binance Alpha will launch Cycle Network (CYC) on August 4. Eligible users can claim airdrops using Binance Alpha points on the Alpha Events page after trading begins.

Solana Mobile announces Seeker phone will ship on August 4, and launches native token SKR

According to official news, 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. The SKR token will be directly distributed to developers and users participating in the ecosystem.

Succinct airdrop registration will close on August 4

Registration for the Succinct airdrop has been open since July 29, with a deadline of 3 AM (Beijing time) on August 4. This airdrop rewards community members who actively participated in the testnet over the past six months, recognizes open-source developers who contributed to ZK, cryptography, and blockchain, as well as affiliated organizations of cooperation agreements, collaborators from Succinct Labs, public goods organizations, and crypto Twitter opinion leaders. 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 round of airdrops), 25% for 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.

August 5 (Tuesday)

Binance Alpha will launch Towns (TOWNS) on August 5

According to the official announcement, Binance Alpha will launch Towns (TOWNS) on August 5. Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after trading opens. Further details will be announced separately.

August 6 (Wednesday)

Brazilian legislators plan to debate the president's new crypto tax proposal on August 6

According to Brazilian media livecoins, Brazilian legislators will debate the new crypto tax proposal put forward by President Lula. The proposal aims to impose a fixed tax of 17.5% on all crypto transactions and eliminate the income tax exemption for small transactions.

The proposal also covers decentralized finance (DeFi) activities through a temporary measure that took effect in June. Relevant hearings will be held on August 6, and the proposal must be approved by October 8, or it will automatically expire.

August 7 (Thursday)

Trump delays the effective date of reciprocal tariffs by one week to August 7

According to Jin10, on Thursday evening local time, 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, instead of 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 will launch on August 7

According to the Science and Technology Innovation Board Daily, Hong Kong's first RWA registration platform will launch on August 7, initiated by the Hong Kong Web3.0 Standardization Association, which will streamline the entire process of dataization, assetization, and financialization of RWA asset tokenization.

The U.S. will announce initial jobless claims for the week on August 7

At 8:30 PM Beijing time on August 7, the U.S. will announce initial jobless claims for the week ending August 7, with the previous value at 218,000.

August 8 (Friday)

Federal Reserve Governor Kugler will resign on August 8

According to a statement from the Federal Reserve, Governor Kugler will resign next week, providing Trump with an opportunity to appoint a favored candidate who may take a leadership position in the central bank. Kugler's position was not expected to become vacant until January next year, and there are currently no other vacancies on the seven-member Federal Reserve Board.

Now, Trump will have the opportunity to immediately appoint a governor to pressure Chairman Powell—and this governor could potentially succeed Powell. The statement noted that Kugler has submitted his resignation to President Trump and will step down next Friday (August 8) to return to Georgetown University as a professor.

Kugler did not attend this week's Federal Reserve policy meeting, and the board stated he was absent due to personal matters. Kugler previously served as the Chief Economist at the U.S. Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023.

August 9 (Saturday)

Bitcoin re-staking platform SatLayer airdrop registration is now open, deadline is August 9

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.

August 10 (Sunday)

YZi Labs' first offline global incubation program EASY Residency will end on August 10

According to official news, YZi Labs has officially launched a 10-week in-person global incubation program EASY Residency, focusing on Web3, AI, and healthcare, aimed at clearing distractions for the top 1% of founders who are courageous enough to solve problems and providing a focused entrepreneurial environment.

The program started on June 2, 2025, in Silicon Valley, California, and will end on August 10, when a Demo Day will be held, where 10-20 selected teams will showcase their product results to industry-renowned venture capitalists for potential investment opportunities. During the program, teams will receive comprehensive support including accommodation and meals, and will have deep access to a network of world-class mentors, builders, and investors. 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 now open and will close on May 21 at 11:59 PM (GMT-7).

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