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Binance announced that, in response to recent regulatory changes, to continuously comply with relevant regulations and ensure the safety of user assets, Binance will no longer process transactions involving certain cryptocurrency service providers/platforms starting from the following dates: effective August 7, including Shelbit, Aban Tether Exchange; effective August 13, including A7 Nigeria, A7 Africa, PilotFinance; effective August 23, including Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), EXMO, and other platforms.Binance reminds users to avoid transferring or receiving assets directly or indirectly to the above entities, or engaging in other transactions with them, as related transactions may require additional compliance review, during which wallets may be restricted, and related activities may also involve violations of Binance's Terms of Use.A spokesperson for Huobi HTX responded that Huobi HTX has always strictly complied with the relevant laws and regulations of its operating location. Regarding recent sanctions related to the EU and the UK, the platform is actively communicating and has made good progress.The spokesperson for Huobi HTX also stated that Huobi HTX is currently not operating in the EU region and does not have EU region customers, so users need not worry excessively. The platform will continue to prioritize compliance and actively and responsibly advance related matters, and also appreciates the community's understanding and support.

According to Bloomberg, the stablecoin payment company RedotPay has postponed its plans for an IPO in the United States. Sources reveal that the company previously aimed to complete its IPO as early as this year, but the listing date may now be delayed until next year or even later. RedotPay needs to obtain regulatory approval from the country where it operates before advancing its IPO, and the company is also facing related legal issues that need to be addressed.

On the evening of August 14, the U.S. Securities and Exchange Commission (SEC) announced that the "Regulation Crypto" rule proposal meeting originally scheduled for August 15 was canceled due to "unforeseen scheduling issues," and a new meeting date has not yet been announced. This rule is seen as the SEC's first significant rule-making attempt in the digital asset space, expected to provide a limited exemption framework for crypto securities issuance, allowing issuers to advance projects without triggering full registration requirements, and potentially allowing for a gradual exit from SEC oversight in later stages.SEC Chairman Paul Atkins had previously identified this rule-making as one of the core components of the digital asset regulatory agenda. The industry had also anticipated that the SEC would simultaneously advance the "tokenized securities innovation exemption," but this matter is also facing delays. Meanwhile, the legislative process for the Senate's "Digital Asset Market Clarity Act" remains unresolved, with negotiations between both parties and the White House yet to reach a consensus on crossing the 60-vote threshold. The two regulatory paths for the crypto industry, administrative rule-making and legislative advancement, are currently at a standstill.

DeepSeek announced the new pricing for the V4 API, effective August 17. The V4-Pro peak period price for cache misses on input has increased from 3 yuan to 9 yuan per million tokens, and the output has risen from 6 yuan to 27 yuan, representing increases of 3 times and 4.5 times, respectively.During off-peak hours, although the price is only half of the peak rate, it is still more expensive than the current rates. The V4-Pro input is 4.5 yuan, and the output is 13.5 yuan; the V4-Flash input is 1.5 yuan, and the output is 4.5 yuan.Peak hours are from 9:00 to 12:00 and 14:00 to 18:00 Beijing time. The remaining hours are charged at off-peak prices.

On August 12, institutional digital asset lending technology provider Digital Prime Technologies announced a strategic investment from global institutional digital asset prime broker LTP. LTP will become its chief strategic partner in the Asia-Pacific region, helping the Tokenet platform expand institutional participation in the Asia-Pacific market.Tokenet is Digital Prime Technologies' institutional-grade digital asset and tokenized asset lending platform. Following this investment, LTP will work alongside previously joined EquiLend, Galaxy Digital, and Marex to promote the global institutional infrastructure development of Tokenet. LTP stated that it will leverage its network of institutional clients, prime brokerage capabilities, and financing expertise to accelerate the adoption of Tokenet among financial institutions in the Asia-Pacific region.

Bitget officially launches an institutional-level CFD liquidity solution aimed at quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, arbitrage, and automated trading scenarios such as EA. As the demand for execution efficiency, liquidity, and low latency continues to rise among professional trading institutions, this solution aims to provide a more stable and efficient execution environment for large-scale, high-frequency trading.In terms of execution and liquidity, Bitget adopts a 100% STP (Straight Through Processing) model, routing orders directly to external liquidity pools and aggregating multi-tier market depth from global tier-one banks and non-bank market makers to reduce slippage and market impact during the execution of large orders. Meanwhile, trading servers are deployed in core financial data centers such as London LD4 and Tokyo TY3, supporting sub-millisecond order matching through dedicated lines and fiber connections, and providing FIX API to facilitate institutional clients' access to existing trading systems, bridging tools, and liquidity aggregation platforms.In terms of fund management, client assets and platform operating funds are segregated, and asset management transparency is enhanced through independent custody accounts, compliance reviews, and third-party auditing mechanisms. The launch of this institutional-level liquidity solution further improves Bitget's CFD backend trading infrastructure, complementing existing retail products and covering a multi-layer trading demand from ordinary traders to professional institutions.

According to The Defiant, the monthly fund flow report released by 21Shares on August 10 shows that in July, global cryptocurrency exchange-traded products (ETPs) had a net inflow of $600 million, marking the first month of net inflow since April. Among them, Ethereum-native products attracted $350 million, about twice that of Bitcoin-native products at $176 million, while XRP, Solana products, and a basket of products saw inflows of $34 million, $13 million, and $7 million, respectively.The report states that July reversed the previous brief and intense redemptions. Bloomberg data shows that $2.5 billion and $4.4 billion flowed out of cryptocurrency ETPs and ETFs in May and June, respectively, following a net inflow of $2.9 billion in April. Although Ethereum led in subscriptions, Bitcoin products still dominated trading, with a global trading volume of cryptocurrency ETPs and ETFs in July reaching $133.3 billion, of which Bitcoin accounted for 78.5%, Ethereum 11.1%, other assets 9.1%, and Solana 1.3%. The inflow of funds into Ethereum is based on a much smaller active base, rather than a large-scale withdrawal from Bitcoin products.

According to MBN, South Korea's People Power Party member Jeong Seong-guk plans to propose a bill to postpone the implementation date for taxing virtual asset income by three years, from January 1, 2027, to January 1, 2030. The member pointed out that by delaying the implementation date until a comprehensive review of related systems, including the taxation of virtual assets, is completed, a safeguard can be established to enhance taxpayer expectations and prevent system chaos.According to current regulations, starting from January 1 of next year, income generated from the transfer or lending of virtual assets will be classified as "other income" and will be subject to income tax. Therefore, the portion of annual profits exceeding 2.5 million won will be taxed at a rate of 22%, which includes 20% for other income tax and 2% for local income tax. Amid recent stock market turmoil and soaring real estate prices triggering public attacks on the government and ruling party, the People Power Party seems to be trying to gain public support by actively proposing legislation aimed at protecting the interests of virtual asset market investors. The People Power Party has consistently opposed the government, advocating for the abolition of this tax.

Citrini analyst Jukan shared content on platform X stating that industry insiders reported that Google DeepMind co-founder Demis Hassabis had previously planned to leave simultaneously with another co-founder, David Silver. However, Google management was concerned that this news could trigger a significant drop in stock prices, so they hoped to delay his departure. Reports indicate that after Google announced related adjustments, the company's stock did indeed decline. Ultimately, Hassabis was persuaded to take on the role of chairman of DeepMind to help facilitate a smooth transition and create space for a more appropriate departure from Google in the future.It is reported that as David Silver shifts to founding Ineffable Intelligence and John Jumper joins Anthropic, the core AI research and development force at DeepMind is undergoing changes. Some insiders believe that the center of gravity for AI model development at Google has now shifted more towards the Bay Area, leading to a decline in the importance of DeepMind. Internally, Google is focusing on the large language model Gemini to catch up with OpenAI and Anthropic. Hassabis's adjustment reflects a long-standing strategic contradiction within Google: researchers are more focused on long-term scientific breakthroughs, while the commercial team is more concerned with AI products that can be quickly commercialized to drive revenue and stock price growth. Market predictions suggest that Hassabis may leave Google within a year and could potentially start a new venture.

The U.S. Senate has postponed the vote on the CLARITY Act until after the summer recess, increasing uncertainty about the bill's passage in the short term.The CLARITY Act had previously received bipartisan support in the House of Representatives and aims to establish a federal regulatory framework for digital assets, clarify the responsibilities of different regulatory agencies, and promote the further integration of crypto assets into the U.S. financial system.North Carolina Republican Senator Thom Tillis stated that with the vote postponed until September, the probability of the bill's final passage "may have decreased by 50%." Wyoming Republican Senator Cynthia Lummis, who is responsible for pushing the negotiations, indicated that discussions have been ongoing for nearly 11 months, the bill text has increased by about 300 pages, and it has responded to numerous amendment requests from Democrats, and it should now enter the voting phase.Currently, Democrats still oppose the existing version, with the main disagreement centered on the restrictions on government officials' interests in crypto assets. Democrats believe that the current version does not adequately limit federal officials' investments and promotion of crypto assets, nor does it require relevant personnel to fully divest from related holdings, while also seeking to grant state attorneys general stronger enforcement powers.Some Democratic and Republican lawmakers had previously pushed for the inclusion of stricter ethical oversight provisions, but negotiations are still ongoing. Democrats are particularly concerned about the connections between Trump and his family with crypto projects like World Liberty Financial.Previously, the crypto industry hoped the Senate could advance procedural voting before the summer recess to adjust political investments during the 2026 midterm elections based on legislative progress. Data shows that the crypto industry's main political action committee, Fairshake, held nearly $200 million in cash reserves at the beginning of this cycle.

The research organization SemiAnalysis released an analysis indicating that Google DeepMind is no longer among the leading AI laboratories. A week prior, DeepMind co-founder Demis Hassabis stepped back from daily operations, and key members such as Google Chief Scientist Jeff Dean and Gemini co-lead Oriol Vinyals left to establish a new lab called Discovery Loop. The analysis suggests that the long-term struggle within Google over computing power allocation between Gemini and GCP has concluded with GCP emerging victorious.SemiAnalysis stated that Gemini 3.5 Pro has been canceled, and Gemini 3.6 Flash's performance is inferior to that of leading Chinese open-source models and Grok 4.5. Currently, Gemini has fallen to the 8th or 9th position in the large model rankings. Meanwhile, GCP is selling a large number of TPUs to competitors like Anthropic, having secured long-term leasing and sales contracts for hundreds of thousands of TPUs over the past nine months. The Tokenomics model estimates that Gemini's own ARR is about $12 billion, while GCP's third-party AI cloud service revenue is expected to exceed $73 billion by the end of 2027, with TPU system sales contributing an additional over $120 billion. GCP's latest quarterly growth rate is 82%, and it is expected to accelerate to over 100% by 2027 due to TPU system sales, contributing approximately $3 to Google's earnings per share.

According to Politico, the U.S. Senate has decided to postpone the vote on the Clarity Act until September.

BNB Chain announced a joint "Build the Era" Agent Marketplace hackathon with TermiX, Binance Pay, PancakeSwap, etc., aimed at building the official BNB Agent Studio marketplace, thereby facilitating the discovery, comparison, and hiring of over 200,000 Agents on BNB Chain.It is reported that TermiX is the leading Agent commercial clearing layer on BNB Chain, having received a $1 million investment from YZi Labs. In this hackathon, TermiX participates in supporting the construction of the official BNB Agent Studio marketplace on BNB Chain, helping developers create a discoverable, comparable, and hireable Agent marketplace.Recently, TermiX launched Agent.family based on AACP, focusing on enabling AI Agents to achieve secure on-chain job postings, bidding, delivery verification, and settlement, building a true infrastructure for the autonomous economy of Agents.

According to CoinDesk, RedotPay responded to the lawsuit filed by Binance, stating that it will actively defend itself. The company stated in a statement that it is aware of the legal proceedings initiated by Binance and will mount a strong defense against all allegations, denying the related accusations against the company and its co-founders, claiming that these allegations are baseless.Previously, Bloomberg reported that a Binance-affiliated entity filed a lawsuit in Hong Kong against RedotPay's co-founder, accusing him of breaching the agreement by directing over 470,000 Binance users to the RedotPay platform, resulting in approximately $473 million in losses. Binance stated in the lawsuit that it discovered in March 2026 that RedotPay allowed and encouraged the use of Binance Pay funds for unauthorized purposes without isolation, including recharging the RedotPay card. Binance's Chaintecs also filed a lawsuit against RedotPay affiliates in Singapore, with a related hearing scheduled for this Friday.Public information shows that Binance and RedotPay first reached a commercial cooperation in November 2023, which was terminated less than six months later due to Binance's claim that its funds were used for recharging RedotPay prepaid cards. The two parties reached a second agreement in March 2025, requiring Binance funds to remain isolated, allowing Binance users to exchange cryptocurrencies for fiat currency on RedotPay, conduct in-app transfers, and purchase RedotPay branded merchandise, but not to recharge the RedotPay card. Binance terminated the agreement in April 2026, stating it was part of a merchant partner review. RedotPay had previously planned to go public in the U.S. with an estimated valuation of about $4 billion, intending to raise over $1 billion.

According to Bloomberg, Binance affiliated entities Nest Trading, Distributed Technologies, and Chaintecs Consulting Singapore have filed a lawsuit in Hong Kong against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi, and Yao Chao, accusing the three of breaching agreements by redirecting over 470,000 users from Binance Card to RedotPay, claiming damages of $472.8 million. Binance stated that since March 2026, it discovered that RedotPay had been allowing Binance Pay funds to be used for RedotPay card top-ups without isolation, claiming that this cooperation allowed RedotPay to obtain approximately $304 million in user funds from Binance Pay. RedotPay responded that it will vigorously defend against all allegations and that it does not affect the company's daily operations.In addition, Binance affiliated entity Chaintecs has also filed a lawsuit against RedotPay affiliates in Singapore, with a hearing scheduled for Friday. RedotPay had previously sought an IPO with an estimated valuation of approximately $4 billion, stating that its annualized payment volume currently reaches $14 billion, with annualized revenue of $180 million and over 8 million users.

A research report published by Blockworks Research shows that among the 1,972 tokens that first broke through a circulating market value of $50 million between January 2020 and December 2025, only 4.1% outperformed Bitcoin as of June 2026. Among tokens with at least 24 months of historical data, this percentage drops to 1.7%. The median token in the full sample has lost 97% since entering the statistics.The report points out that the token market presents a pyramid structure with a "wider base and thinner top." The number of tokens with a market value exceeding $1 million reached a historical high of 3,648 in December 2024, but the tier with a market value exceeding $250 million has continued to shrink since peaking in November 2021, with only 102 tokens above that threshold as of June 2026, about one-third of the 279 in November 2021. Among the 187 tokens that outperformed Bitcoin during the 2020-21 bull market, 86.1% have since fallen at least 90% from their peak in November 2021, with only OKB continuing to outperform Bitcoin.The report also found that token performance deteriorates more rapidly over time: 86% of tokens issued in 2024 fell below 10% of their initial price within 24 months, while the proportion for tokens from 2020 during the same period was 18%. The median peak price of new tokens after 2023 is only 0.93 times the listing price, meaning it has never exceeded the listing price, while the median peak price for 2020 tokens reached 5.1 times. Exchange tokens are the only significant over-representatives in the long-term outperforming Bitcoin group, with BNB, OKB, GT, LEO, BGB, WBT, MX, and CAKE (PancakeSwap) all outperforming Bitcoin, sharing the common feature of fee revenue being used for regular buybacks and burns. The report's authors state that the crypto market is shifting from a broad token expansion to a pattern driven by a few high-quality assets.

According to The Block, the U.S. Securities and Exchange Commission has postponed its review of the cash-settled Bitcoin index options proposal submitted by Nasdaq PHLX after approving the CME Group's request for a rehearing.

According to Jinshi reports, U.S. President Trump stated, "America is ready to confront Iran; the level of military deterrence, strength, and power has not been seen since World War II.Nevertheless, we have just received requests from Iran and other Middle Eastern countries asking us to postpone any attacks, as a framework for an agreement has been reached. This will include the immediate, complete, and thorough opening of the Strait of Hormuz, as well as the end of Iran's nuclear threat.Based on this request, I agree to cancel the attack for the future interests of the world and the survival of a successful and prosperous Iran, provided that an agreement can be reached quickly. The State of Israel is committed to this with me. Everyone should take action and get this done."