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U.S. President Trump initiated a renaming vote on social media. He pointed out that many people believe the term "artificial intelligence" is inaccurate and sounds very stiff. For this new phenomenon, more elegant and accurate names could be Superior Intelligence, Extreme Intelligence, or Supreme Intelligence.Trump called on everyone to participate in the vote to choose the most fitting new name for this evolving "revolution." So far, over 170,000 people have voted, and the leading "new name" is Superior Intelligence (abbreviated as SI), with a vote percentage of 40.6%.Hours later, Elon Musk replied to the post, stating: It will be smart enough for us to not understand.

Trump posted that many people believe the term "artificial intelligence" is not accurate or elegant enough, and proposed three alternative names: "Superior Intelligence (SI)", "Extreme Intelligence (EI)", and "Supreme Intelligence (SI)".Trump also initiated a poll asking the public which name is most suitable to describe this ongoing "revolution." A screenshot shows that at the time, 2,370 people had participated in the poll, with about 1 day remaining.

The decentralized AI infrastructure project DGrid AI announced that its community-driven AI model evaluation platform DGrid AI Arena has launched the Points-to-$DGAI redemption mechanism. Users can earn points by participating in AI model evaluations and redeem them for $DGAI, further connecting user participation, model feedback, and ecological incentives.It is reported that since its launch, DGrid AI Arena has attracted over 570,000 users to participate in reviews, generating more than 2.5 million model evaluation votes. The platform employs an anonymous model battle mechanism, where users compare two sets of AI outputs and choose the better response, continuously accumulating evaluation data from real scenarios.DGrid stated that AI Arena is not only a model evaluation and community incentive platform but also the community intelligence layer within the DGrid AI ecosystem. By continuously gathering real user preference signals across different tasks, the platform can more accurately understand the performance of different models in specific scenarios, further optimizing model selection and routing mechanisms, making AI services more aligned with real user needs.Previously, DGrid AI's native token $DGAI has been listed on Binance Alpha and several exchanges such as OKX and Bybit, further promoting the ecological application and community participation of $DGAI.

TON ecosystem self-custody wallet Tonkeeper announced its rebranding to Keeper and expanded from a single TON wallet to a multi-chain wallet supporting 7 blockchain networks. According to a statement disclosed exclusively to The Block, Keeper now supports TON, Bitcoin, Ethereum, TRON, BNB Smart Chain, Arbitrum, and Base. Tonkeeper claims to be the largest self-custody wallet in the TON ecosystem, with over 77 million registered users.Andrew Rogozov, founder and CEO of The Open Platform, stated that Keeper is the next chapter, aiming to bring the wallet experience known for its simplicity from TON to a broader crypto economy, with the goal of creating the default self-custody wallet for a multi-chain world, allowing users to freely hold, trade, and spend across any chain. This rebranding follows changes in the management of Tonkeeper, as The Open Platform took over the operational leadership of the wallet last month, while co-founders Oleg Andreev and Oleg Illarionov remain shareholders.Keeper also includes a gas-free transaction infrastructure called Battery, which allows users to pay network fees without holding the native gas tokens of each chain. The Open Platform plans to expand Battery to all supported networks within the next year and launch native DeFi services, daily payment tools, cross-chain exchanges, a built-in decentralized application browser, and more financial products such as perpetual contract trading.

The U.S. SEC is reviewing Grayscale's application to rename the Grayscale Litecoin Trust to "Grayscale Litecoin Trust ETF," which is planned to be listed on NYSE Arca under the stock ticker LTCN.

Coinbase announced that it has renamed the Base App to Coinbase Wallet, reversing the renaming decision made a year ago, shifting the focus of the self-custody application towards trading and broader multi-chain access. Ryan Kass, the product lead for Coinbase Wallet, stated that the wallet will serve as a "test kitchen" for products and assets not yet offered by the centralized exchange Coinbase, with the first case being perpetual contracts supported by Hyperliquid. The wallet also supports long-tail assets and plans to gradually integrate as new chains go live.The wallet also supports prediction markets and tokenized stocks. Coinbase stated that the Base App has evolved into a broader multi-chain trading platform, making the restoration of the Coinbase Wallet name a reasonable move. Coinbase promotes the wallet with the selling points of "no KYC, no waiting, borderless," allowing users to start trading within minutes after downloading the app, although some features are still subject to regional restrictions. The wallet will automatically detect and hide scam or malicious tokens, and new markets and asset classes must undergo strict product and compliance reviews before going live.In terms of background, Coinbase renamed Coinbase Wallet to Base App in July 2025, positioning it as a "universal app" that integrates social, mini-apps, messaging, payments, and trading. CEO Brian Armstrong admitted in March this year that the social experiment was "not very successful," after which Base founder Jesse Pollak handed over leadership of the app to Jordan "Cobie" Fish.

The re-staking protocol Renzo Protocol announced its name change to Renzo Finance and launched its first on-chain structured yield product Renzo Basis, which will go live on Hyperliquid, initially supporting BTC and HYPE. Lucas Kozinski, founder of Renzo Labs, stated that basis trading earns funding rate income by simultaneously holding a spot long and a perpetual contract short. Since the long and short positions hedge each other, asset price fluctuations do not affect the yield, and users earn the fees paid by perpetual traders every hour.Renzo stated that the product achieves automation through a triple protection mechanism, including hedge protection, yield protection, and safety buffer. Currently, the product does not use AI automation but instead conducts trading and strategy monitoring through Hyperliquid's proxy wallet (API wallet) with user authorization, without holding user funds. The relevant protection parameters can be customized by users. Renzo emphasized that its product differs from competitors such as Ethena and Bitwise's Superstate in that it is fully on-chain, self-custodied, and allows depositors to choose their own assets, trading venues, and risk parameters.Renzo Basis plans to support all assets on Hyperliquid that have both spot and perpetual markets and expand to other DeFi platforms, with the next stop being Lighter on Robinhood, where on-chain stock perpetual basis trading will be introduced.

Trump posted on the social platform Truth Social, stating that after the United States "controls the Strait of Hormuz," consideration should be given to renaming it "TRUMP STRAIT," and claimed that this would make the region "hotter than ever" like the United States.

Telegram has set its self-hosted Gram wallet as the default wallet in user settings, while renaming Wallet in Telegram to Walt. Telegram founder Pavel Durov previewed the Gram wallet in July, planning to introduce a native non-custodial wallet for each Telegram app.The Gram wallet will serve as the transaction layer for transfers and payments on Telegram, supporting the purchase of Telegram Collectibles (including gifts, usernames, and phone numbers) as well as services and daily consumption payments. The Gram wallet remains connected to Walt, which allows users to recharge their Gram wallet with multi-chain crypto assets.The renaming of Wallet in Telegram reflects that its services have surpassed the initial positioning primarily for purchasing and holding Gram (formerly Toncoin). Walt supports recharging, holding, and withdrawing over 300 crypto assets across 4 blockchains, as well as trading more than 200 assets, and offers over 100 tokenized stocks, ETFs, and metals. The product also includes crypto yield services and perpetual contracts. The Open Platform (TOP) and Walt founder and CEO Andrew Rogozov stated that they initially started as a simple wallet for purchasing TON, but over the past four years have grown into a full-scale crypto platform within Telegram, launching Earn, real-world assets, and perpetual trading.

The Alpha Arena Bali Grand Final was held in Bali. Arumando won the championship, while Murasaki Trades and Coin6097 took second and third place, respectively. According to the event organizers, the prize pool for this competition was 100,000 USDT, with a total of over ten thousand on-site and live-stream viewers.During the finals, the real-time leaderboard was fiercely competitive, with rankings changing in the last ten seconds of multiple rounds. Among them, the player ShamanShark held the top position for a long time but was overtaken in the last 30 seconds, ultimately missing out on the top three. After the match, MEXC CEO Vugar presented awards to the winning players.

On August 19, the Alpha Arena Bali VIP/KOL Voyage launched in Bali. Contestants, KOLs, guests, and partners participated in a temple culture experience and a welcome reception at Mulia Skybar. This was the first time that relevant personnel gathered to participate in offline activities after arriving in Bali.According to the event organizers, the activities on August 19 focused on local cultural experiences and pre-competition exchanges, serving as the opening for the Alpha Arena Bali offline itinerary, providing contestants, KOLs, and partners with opportunities for pre-competition communication. The Alpha Arena Grand Final will be held on August 20 in Bali.

The Berachain Foundation announced that its stablecoin HONEY has completed a rebranding and is now named Bera USD (BUSD). The contract address and the token itself remain unchanged, with only the name and symbol being modified.Due to the token name participating in the EIP-712 domain separation design, permits or off-chain authorizations originally signed based on the HONEY name will automatically become invalid and need to be re-signed.Berachain stated that the BUSD-related updates will soon be fully launched across various integration partners, and more updates will be released in the future.

The AlphaArena Bali Grand Finals will be held on August 20 during CoinFestAsia in Bali, Indonesia. The event is sponsored by MEXCVentures and co-hosted by TRIV, with a total of 20 professional traders expected to participate. The lineup consists of players who advanced from regional online competitions and TRIV participants, with a total prize pool equivalent to $100,000 for this season.The finals will adopt an esports-style DEMO simulated trading format, featuring timed rounds, real-time profit and loss simulations, live leaderboards, and event commentary. The public can watch the competition through the official livestream and AlphaArena channels.

BitcoinTreasuries.NET posted on platform X that Renaissance Technologies has newly acquired 422,881 shares of Strategy, worth 40.1 million USD, increasing their total holdings to 2.55 million shares, with a total value of 242.3 million USD, representing a 20% increase in holdings.

MEXC Ventures announced its support for the global esports-style trading competition Alpha Arena, which is expanding to the Asia-Pacific region for the first time, and will serve as the main sponsor of Alpha Arena S03, with TRIV as a co-organizer. Following successful events in Amsterdam and Berlin, Alpha Arena will hold its first offline finals in the Asia-Pacific region on August 20, 2026, during Coinfest Bali.This event is expected to gather over 50 traders from 3 markets, competing for a total prize pool of $100,000. The competition will connect traders, creators, and the Web3 community in the Asia-Pacific region through trading competitions, community interactions, and ecological collaborations, creating an immersive trading competition experience together.

Mirae Asset has completed the acquisition of Korea's earliest cryptocurrency exchange Korbit at 97.15% and has renamed it Digital X.The company plans to develop Digital X into a smart investment platform, integrating real-world assets, security tokens, stablecoins, traditional assets, and digital assets within the same ecosystem. Mirae Asset stated that it will not directly compete with dominant exchanges like Upbit and Bithumb, focusing instead on investor education, research, strict compliance standards, and institutional-grade infrastructure.

The Japanese corporate bond issuance and purchasing platform operator Siiibo Securities announced that it plans to change its name to "Metaplanet Securities Inc." on July 13, 2026, and officially join the Metaplanet Group.Siiibo Securities stated that this name change requires approval from a temporary shareholders' meeting. The company previously operated with the mission of "creating free, transparent, and fair direct finance," providing an online private bond issuance and purchasing platform aimed at emerging enterprises and individual investors, and holds a first-class financial instruments business license in Japan.With the integration into the Metaplanet Group, Siiibo will further expand its business direction in the future, planning to leverage its parent company's experience in Bitcoin (BTC) asset operations to develop and offer BTC-based financial products to individual investors, creating a "BTC × Finance" platform.It is understood that Siiibo Securities was established in 2019 and currently operates an online securities platform focused on corporate bonds, providing private bond issuance and investment services. The platform has covered approximately 40 companies and over 100 types of bond products. After joining the Metaplanet Group, it will no longer be limited to the venture debt field but will explore more innovative income products that meet investor return demands.