Compilation: Fairy, ChainCatcher

Key News:

• Binance US to Suspend Operations for Washington Customers from August 20
• Terraform Labs Bankruptcy Claim Deadline Set for 5 AM on August 22
• Fed Chair to Speak on Economic Outlook on August 23, Setting the Tone for September Rate Cut
• Fed Officials to Speak Intensively Next Week, Monetary Policy Meeting Minutes to be Released on Thursday
• BitDeer Plans to Issue $150 Million Convertible Notes, Expected to Complete Issuance on August 20
• OKX to Launch DOGS/USDT Spot Trading Pair on August 20

August 19 (Monday)

Democratic National Convention to be Held in Chicago from August 19 to 22

The Democratic National Convention is scheduled to be held in Chicago from August 19 to 22, officially nominating current Vice President Harris as the party's presidential candidate to compete against Republican presidential candidate Trump. Harris and her running mate, Minnesota Governor Walz, will also deliver speeches at the convention to expound on their policy positions.

Upbit to Implement Multiple New Service Terms on August 19

According to an official announcement, Upbit will update 34 service terms, which are set to take effect on August 19, 2024. These include new provisions such as the cancellation of existing unfilled orders when changing services to protect users (in which case, Upbit must notify users in advance); no longer providing deposit services for digital assets that have ceased trading support, with the assets being processed for withdrawal during the withdrawal support period and users being able to request the return of pending digital assets through the Upbit Customer Center; and the addition of minimum deposit and withdrawal amounts for digital assets on the website or service, requiring users to check the minimum deposit and withdrawal requirements before depositing or withdrawing digital assets.

Binance to Delist CVP, EPX, FOR, and Other Tokens on August 19

Binance will close all arbitrage strategies at 06:00 (UTC) on August 19 and automatically settle the LOOM/USDT and REEF/USDT trading pairs. Binance will delist and cease all spot trading pairs for 6 tokens on August 26, 2024, at 11:00 Beijing time.

The specific trading pairs to be removed include: CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY, LOOM/USDT, REEF/TRY, REEF/USDT, VGX/USDT.

Flare Network: XRP Testnet and FAssets Beta to be Reset on August 19

Flare Network announced that its XRP testnet will be reset on August 19, along with the FAssets Beta. The team will restore testing through the airdrop of new TestXRP, an official dashboard, support for FTestBTC, and more updates.

Bounce Brand to Conduct BN Token IDO on Launchpad on August 19, Total Supply 4.2 Million

Bounce Brand announced details of its BN token IDO. The IDO will take place on the Bounce launchpad platform from 18:00 on August 19 to 18:00 on August 21 Beijing time, with a total supply of 4.2 million BN.

The IDO is divided into three pools: AUCTION staking pool (Ethereum, 1.05 million $BN supply, raising $12,500), fixed-price public pool (Ethereum, 2.73 million BN supply, price of 1 BN = $0.011905), and fixed-price whitelist pool (Ethereum, 420,000 BN supply, same price as public pool).

August 20 (Tuesday)

Network3's First Batch of Physical Miners Pre-sale to Start on August 20, IoTeX Token to Support Dual Mining

During the industry conference DePINsubmit hosted by EV3, the head of the Network3 ecosystem responsible for DePIN & Edge AI revealed during a panel with IoTeX Founder that the first batch of physical miners for Network3 will go on pre-sale at 10 AM California time on August 20, 2024. These physical miners can participate in dual mining of IOTEX tokens and Network3 tokens.

It is reported that Network3 has secured $5.5 million in seed and seed round financing, with the next round of financing already underway and confirmation of participation from multiple top institutions. The official statement claims that the Network3 project token $N3 is currently in the process of being listed.

Binance US to Suspend Operations for Washington Customers from August 20

Binance.US announced that due to regulatory developments in Washington, the platform will suspend operations for customers in Washington and close all accounts in the state on or after August 20, 2024.

Dogs: DOGS Tokens Now Available for Claim to Telegram Wallet and CEX, Deposit into Corresponding Accounts by August 20

According to an official post on Dogs' Telegram channel, DOGS tokens are now available for claim to Telegram wallets and CEX. Users will not immediately receive the tokens and they will be deposited into the selected airdrop receiving account by August 20.

Simon's Cat Meme Coin to Launch on TokenFi Launchpad on August 20

Floki's official social media post stated that the Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20. 18.5% of the total supply will be distributed to FLOKI token holders.

OKX to Launch DOGS/USDT Spot Trading Pair on August 20

According to an official announcement from OKX, the DOGS/USDT spot trading will commence at 20:00 Beijing time on August 20.

BitDeer Plans to Issue $150 Million Convertible Notes, Expected to Complete Issuance on August 20

Bitdeer Technologies Group, a Bitcoin mining company under Wu Jihan, announced the pricing of its $150 million 8.50% convertible senior notes public offering. The issuance is expected to be completed on August 20, 2024. The notes will mature in 2029, and holders can choose to convert the notes into cash or Class A common stock of the company. Bitdeer plans to use the proceeds from this issuance for data center expansion, ASIC miner development, and other general corporate purposes. BTIG is the sole book-running manager for this issuance.

August 21 (Wednesday)

Sean Glennan Officially Assumes Role as CFO of Hut 8

Bitcoin mining and energy infrastructure company Hut 8 announced the appointment of a new Chief Financial Officer later this month.

Sean Glennan will assume the role of the new CFO of Hut 8, effective from August 21. Due to family-related reasons, Shenif Visram will step down as CFO but will continue to remain with the company to oversee a smooth transition until Glennan assumes the role.

Hut 8 CEO Asher Genoot stated, "We are pleased to welcome Sean to the organization. We will continue to execute our power-first thesis, and Sean Glennan brings a wealth of strategic, financial, and capital markets knowledge, coupled with his extensive relationships in the field, making him a valuable asset in shaping and realizing our future plans."

Scroll to Conduct Darwin Proof Recursion Upgrade on August 21, Gas Fees to Decrease by Approximately 34%

Scroll announced that it will conduct the Darwin Proof Recursion upgrade on August 21, which will reduce gas fees by approximately 34%. Through the Darwin hard fork, multiple batches of proofs will be bundled into a single validity proof, reducing verification costs. Scroll will deploy this upgrade on the Scroll Sepolia testnet on August 14 and subsequently on the mainnet.

August 22 (Thursday)

Terraform Labs Bankruptcy Claim Deadline Set for 5 AM on August 22

According to an official announcement from Terra, in the Chapter 11 bankruptcy case of Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL), the preliminary deadline for submitting encrypted loss claims is 5 PM Eastern Time on August 21 (5 AM Beijing Time on August 22).

Claims against TFL that arose before January 21, 2024, or against TLL that arose before July 1, 2024, should be submitted before this deadline. This deadline is only for the Chapter 11 plan vote.

Fed Officials to Speak Intensively Next Week, Monetary Policy Meeting Minutes to be Released on Thursday

According to Jin10, next week will see several important events, with Fed officials also set to speak intensively. These include:

• Monday 21:15, Fed Governor Waller delivers the opening speech at the summer symposium on money, banking, payments, and finance.
• Wednesday 1:35, 2024 FOMC voter and Atlanta Fed President Bostic delivers a speech.
• Thursday 2:00, the Fed releases the minutes of the monetary policy meeting.
• Thursday, the Jackson Hole Global Central Bank Annual Meeting will be held.
• Friday 22:00, Fed Chair Powell delivers a speech on the economic outlook at the Jackson Hole Annual Meeting.

In addition, the US August S&P Global PMI data will be released next Thursday evening. If the data unexpectedly weakens, concerns about the US entering a recession may intensify in the market, leading traders to increase bets on the Fed cutting interest rates by a larger margin later this year, which would be a blow to the US dollar.

Gitcoin: Gitcoin Grants 21 Now Live, Will Continue Until August 22

Gitcoin Grants 21 is now officially live and will continue until 7:59 on August 22 Beijing time. The theme of this round of grants is to collaborate with partners and enhance the capabilities of the external community.

It is reported that this round includes rounds for the Celo and Arbitrum ecosystems, as well as 9 community rounds. Users no longer need to collect Passport stamps, and the Gitcoin Grants Stack provides technical support.

August 23 (Friday)

Fed Chair to Speak on Economic Outlook on August 23, Setting the Tone for September Rate Cut

Fed Chair Powell will deliver a speech on the economic outlook at 10 AM Eastern Time on August 23 (10 PM Beijing Time on August 23) at the Jackson Hole Economic Symposium, setting the stage for a rate cut in September.

This is the first full-day meeting of the annual economic symposium held by the Kansas City Fed in Jackson Hole, Wyoming. This global central bank annual meeting provides Powell with an opportunity to make the latest assessment of the US economic trajectory and monetary policy outlook between the Fed's July and September policy meetings. Last month, he indicated that if inflation and the labor market continue to cool, the Fed may consider a rate cut at the next meeting.

Insider: Japanese Parliament to Hold Special Meeting on August 23 to Discuss BOJ Rate Hike Issue

Insider sources revealed that the Japanese Parliament will hold a special meeting in the lower house committee on August 23 to discuss the issue of a rate hike by the Bank of Japan, and may request BOJ Governor Kuroda to attend.

Time Not Yet Set

Babylon to Launch First Phase of Bitcoin Staking Mainnet This Week

Babylon announced that it will launch the first phase of the Bitcoin staking mainnet this week, allowing Bitcoin holders to start locking BTC for staking.

Pacmoon: Qualification for Exchanging Destroyed PAC for ARMY Tokens Completed Snapshot, ARMY to be Launched Early This Week

Meme project Pacmoon announced on X platform that the snapshot has been completed, and holders of PAC tokens during this snapshot period must complete token destruction by September 13, 2024, to exchange for ARMY tokens in the future. However, since the snapshot has been completed, users who purchase PAC tokens from now on will not be able to exchange them for ARMY tokens through token destruction.

Pacmoon added that it will take a few days to ensure a smooth migration process, and ARMY tokens are expected to be launched early this week.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。