Key Events Preview for Next Week
August 18
OKB Burn and Upgrade Schedule: Burn on August 15, Upgrade Smart Contract on August 18；
Binance Wallet to Launch Exclusive RICE TGE Event, Open for Two Hours of Subscription on August 18；
Binance Alpha to Launch Reservoir (DAM) on August 18, Eligible Users Can Claim Airdrop；
August 19
New York Court to Hold Hearing Related to LIBRA Project Advisor Hayden Davis on August 19；
August 20
Decentralized Data Platform Sapien Announces TGE on August 20；
August 21
The U.S. Will Announce Initial Jobless Claims for the Week Ending August 16 on August 21；
Federal Reserve Updates
- On August 20 (Wednesday) at 23:00, Federal Reserve Governor Waller will speak at a blockchain seminar in Wyoming;
- On August 21 (Thursday) at 2:00, the Federal Reserve will release the minutes of the monetary policy meeting;
- On August 21 (Thursday) at 3:00, 2027 FOMC voting member and Atlanta Fed President Bostic will speak on the economic outlook;
- On August 22 (Friday) at 22:00, Federal Reserve Chairman Powell will speak at the Jackson Hole Global Central Bank Annual Meeting.
From August 18 to August 24, more noteworthy events in the industry are as follows.
August 18
OKB Burn and Upgrade Schedule: Burn on August 15, Upgrade Smart Contract on August 18
According to an announcement from OKX, the specific schedule for the completion of the PP upgrade of X Layer and the launch of the OKB Gas Token economic model optimization (Beijing time) is as follows:
August 13, 2:10 PM: OKT will stop trading on the OKX platform, while OKTChain will continue to produce blocks and process on-chain transactions normally;
August 13, 3:00 PM: The OKX platform will stop allowing OKB withdrawals to ETH L1;
August 15, 10:00 AM: The platform will automatically convert users' OKT in their accounts to OKB according to the rules;
August 15, 2:00 PM: A one-time burn of OKB will occur, and the smart contract will be called for on-chain destruction;
August 18, 2:00 PM: Upgrade the OKB Smart Contract, removing the functions of issuance and destruction.
Binance Wallet to Launch Exclusive RICE TGE Event, Open for Two Hours of Subscription on August 18
Binance Wallet announced that the 34th exclusive TGE event will be held on August 18, 2025, from 16:00 to 18:00 via PancakeSwap, featuring the project RiceAI (RICE). Eligible users must use Binance Alpha points to participate. The official will also provide an additional 40 million RICE for subsequent activities, with more details and event access to be announced later.
Binance Alpha to Launch Reservoir (DAM) on August 18, Eligible Users Can Claim Airdrop
According to the official announcement, Binance Alpha will be the first platform to launch Reservoir (DAM).
Alpha trading opens: August 18, 2025, at 19:00 (UTC+8).
Contract trading opens: August 18, 2025, at 20:30 (UTC+8).
Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after Alpha trading opens. Specific details will be announced separately.
Coinbase Derivatives to Launch nano SOL and XRP Perpetual Futures Contracts on August 18
According to a report from Cointelegraph, Coinbase Derivatives announced that it will launch nano SOL and nano XRP perpetual futures contracts on August 18, further expanding its derivatives product line and providing more market participation channels for U.S. investors.
August 19
New York Court to Hold Hearing Related to LIBRA Project Advisor Hayden Davis on August 19
The New York court will hold a hearing related to LIBRA project advisor Hayden Davis on August 19, where Hayden Davis first acknowledged LIBRA as a meme token. The court will examine whether Hayden Davis and his partners are suspected of manipulating LIBRA for profit.
Bless: TIME Token Airdrop Registration Window Now Open, Closes on August 19
The official Bless account, a shared computing protocol in the Solana ecosystem, announced on platform X that the registration window for the TIME token airdrop is now open.
By August 19, users must complete registration by linking social accounts, linking wallets, etc., to qualify for the upcoming TIME token airdrop. Additionally, importing the current wallet into an OKX wallet or creating a new OKX wallet address during registration will grant a 5% token airdrop bonus.
August 20
ProShares and Bitwise have submitted an ETF application to track Circle stock, with the trading code pending, expected to take effect on August 20.
Wyoming Stablecoin WYST Set to Launch on August 20
The Wyoming Stablecoin Committee announced plans to officially launch its official stablecoin WYST at the Wyoming blockchain seminar in Jackson on August 20, 2025. (Cointelegraph)
Decentralized Data Platform Sapien Announces TGE on August 20
The decentralized data platform Sapien announced that it will conduct a TGE on Base on August 20. This will adopt a fair distribution model, initially unlocking 25% of the total supply of 1 billion tokens to support AI decentralized data minting operations. (Coindesk)
August 21
The U.S. Will Announce Initial Jobless Claims for the Week Ending August 16 on August 21
On August 21, 2025, at 20:30 Beijing time, the U.S. will announce initial jobless claims for the week ending August 16.
Hong Kong Stock Exchange to List Two New Spot Virtual Asset ETFs on August 21
According to documents from the Hong Kong Stock Exchange, the MicroBit Bitcoin Spot ETF and the MicroBit Ethereum Spot ETF will be listed on the Hong Kong Stock Exchange next Thursday (August 21). Both ETFs have a management fee of 0.5% per year of net asset value, which is relatively low among existing virtual currency spot ETFs. Bank of China International UK Trust serves as the custodian and administrative manager, with HashKey Exchange as the virtual asset trading platform and Hash Blockchain Limited as the virtual asset sub-custodian. Participating brokers include CMB International (Hong Kong), Ade Securities, Future Asset Securities (Hong Kong), Huaying Dongfang (Asia), Huasheng Capital Securities, and Victory Securities. (East Net)
Upbit to Delist STRIKE at 15:00 Local Time on August 21
The South Korean cryptocurrency exchange Upbit will delist STRIKE at 15:00 local time on August 21.
August 22
BTC Digital Postpones Extraordinary Shareholders' Meeting to August 22
Odaily Planet Daily reports that Nasdaq-listed company BTC Digital Ltd. has announced the postponement of its extraordinary shareholders' meeting to August 22, 2025. The company previously announced its full embrace of Ethereum (ETH) as its core asset and operational foundation, planning to convert all BTC reserves into ETH. The related plans are expected to be discussed and voted on at the shareholders' meeting. (PRNewswire)
August 23
None
August 24
Odaily Planet Daily reports that the Central Bank of Brazil's consultation on accounting standards for virtual assets will continue until August 24. The main content of the draft resolution includes: definitions of initial recognition and subsequent measurement standards, accounting treatment of issued virtual assets and third-party custodial virtual assets, as well as detailed disclosures in explanatory notes regarding changes in the value of issued assets, the nature of the assets, and related obligations.
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