Weekly Preview | Japan and Hong Kong will consecutively host Crypto Summit week; Jupiter (JUP) will unlock tokens worth approximately $27 million.

News Preview:

• Binance Alpha will launch Multiple Network (MTP, Alttown (TOWN)
• The Bitcoin Asia Summit will open on August 28 at the Hong Kong Convention and Exhibition Centre, with Eric Trump in attendance.
• The Japan Crypto Summit WebX will be held in Tokyo from August 25 to 26.
• U.S. Core PCE Price Index Year-on-Year for July Released
• Jupiter (JUP) will unlock approximately 53.47 million tokens at 10 PM Beijing time on August 28, which accounts for 1.78% of the current circulating supply, valued at approximately 27.1 million USD.
• Kamino (KMNO) will unlock approximately 229 million tokens at 8 PM Beijing time on August 30, which is 6.81% of the current circulation, valued at about 13.3 million USD.

August 25

Special Attention:

Trump and South Korean President Lee Jae-myung will meet in Washington on August 25

White House officials: US President Trump and South Korean President Lee Jae-myung will meet in Washington on August 25.

Exchange:

Binance Alpha will launch Multiple Network (MTP on August 25

Binance Alpha will launch Multiple Network (MTP on August 25. Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after Alpha trading opens. Further details will be announced separately.

Token Unlock:

Venom (VENOM) will unlock approximately 59.26 million tokens at 4 PM Beijing time on August 25, which is 2.34% of the current circulation, worth approximately 8.9 million USD.

AltLayer (ALT) will unlock approximately 240 million tokens at 6 PM Beijing time on August 25, which is 6.01% of the current circulating supply, valued at approximately 8.5 million USD.

Conference Activities:

The Japan Crypto Summit WebX will be held in Tokyo from August 25 to 26.

August 26

Exchange:

Binance Alpha will launch Alttown(TOWN) on August 26

Binance Alpha will launch Alttown (TOWN) on August 26. Eligible users can go to the Binance Alpha event page to claim the airdrop using Binance Alpha points after the Alpha trading opens. Further details will be announced separately.

Bybit will launch Centrifuge ($CFG) spot trading on August 26

Centrifuge ($CFG) will officially launch on the Bybit spot trading platform at 18:00 Beijing time on August 26.

Project Updates:

Mitosis Foundation: $MITO Genesis airdrop registration will be open until August 26

The modular liquidity protocol Mitosis Foundation announces that the $MITO Genesis airdrop registration will be open from August 20 at 00:00 UTC until August 26. The total supply is 1 billion $MITO, with 10% allocated for the airdrop. Participants can choose to receive all $MITO immediately or lock $tMITO, redeeming 2.5 times the $MITO plus additional rewards after 180 days. Eligibility includes protocol testers, community contributors, NFT holders, and more. Those who do not claim within the specified time will lose their eligibility. The official reminder is that $MITO has not yet launched, so be wary of scams.

CAMP Token Qualification Inquiry Tool is now online, users need to register before August 26

According to the announcement from the Camp Foundation, the CAMP Season 1 airdrop eligibility query is now open, and users must complete registration before 11:59 AM Beijing time on August 26. In addition, the Camp Foundation will cancel the airdrop registration fee. All users who have paid the registration fee of 0.0025 ETH will receive a full refund.

Lombard will launch the community round token public sale on Buidlpad on August 26, with a valuation of 450 million dollars

The Bitcoin DeFi protocol Lombard will conduct a community round token public sale (BARD) on Buidlpad from August 26 to September 4, with a valuation of $450 million. The total sales amount for this public sale is $6.75 million; it plans to allocate 1.5% of the total supply; the public sale tokens will be fully unlocked at TGE; the supported investment range is from $50 to $5000; acceptable tokens for payment include USD1, LBTC, and BNB.

Token Unlock:

Huma Finance (HUMA) will unlock approximately 378 million tokens at 9 PM Beijing time on August 26, which is 23.38% of the current circulation, worth about 10 million USD.

Sahara AI (SAHARA) will unlock approximately 84.27 million tokens at 8 PM Beijing time on August 26, accounting for 3.97% of the current circulation, with a value of about 7.3 million USD.

August 27

Exchange:

OKX will delist leveraged trading pairs such as CATI and NMR on August 27 and 28

OKX announced the delisting of certain leveraged trading pairs: CATI/USDT, NMR/USDT, ICX/USDT, DGB/USDT, MEME/USDT, JST/USDT, RVN/USDT. OKX will suspend leveraged trading and margin lending services for the related trading pairs at 18:00 on August 21, and will delist the tokens between August 27 and 28.

Project Updates:

Gryphon shareholders will vote on the merger with Bitcoin mining company American Bitcoin on August 27

The Bitcoin mining company American Bitcoin Corp (ABC), supported by the Trump family, is about to complete a secret merger with Gryphon Digital Mining and go public on NASDAQ. On July 31, Gryphon submitted a proxy statement to the U.S. Securities and Exchange Commission (SEC), officially confirming that shareholders will vote on the proposed merger on August 27. The SEC also announced that the S-4 registration statement outlining the transaction has become effective, which is a crucial regulatory approval that clears the way for the transaction to proceed.

This merger was first announced in May this year, with ABC merging with Gryphon. Gryphon is a Bitcoin mining company listed on NASDAQ under the stock code "GRYP". To prepare for this transaction, ABC raised $220 million last month through private equity financing.

Conference Activities:

The Hong Kong Blockchain Summit will be held on August 27, and the Deputy Secretary for Financial Services and the Treasury of Hong Kong, Chen Haolian, will attend

Mr. Chan Ho Lam, Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, confirmed his attendance at the "Hong Kong Blockchain Summit Forum - and New Fire Technology Strategic Release Conference" jointly organized by New Fire Technology (1611.HK) and the Greater Bay Area Financial Professionals Association. The forum will be held on August 27 at the Grand Hyatt Hotel in Hong Kong, and representatives from well-known companies such as UBS, CMB International, Tiger Brokers, AWS, OSL, Alibaba Cloud, FSD Securities, and Tencent Cloud have been invited to participate in discussions on core topics, jointly exploring the digital finance narrative in the new economic cycle.

It is reported that the forum topics will revolve around the integration of RWA with the real economy, the prospects of stablecoins and PayFi, the compliant development of the digital asset industry, future investments in the digital asset industry, and many other hot topics.

Governance Voting:

Solana will launch Alpenglow voting on August 27, DeFi Dev says it will vote in favor

Solana will launch the Alpenglow vote next week, and if passed, the finality time of Solana will be reduced to about 100-150 milliseconds. This speed is comparable to centralized systems like Visa, significantly improving compared to other blockchain networks. DeFi Dev Corp has stated that it will vote in favor of this proposal, which has a voting window from August 27, 2025, to September 2, 2025.

August 28

Macroeconomics:

Thursday 20:30, US Q2 Real GDP Annualized Quarter-on-Quarter Revision

Exchange:

Upbit, Bithumb, and other DAXA members in South Korea will terminate trading support for PUNDIAI on August 28

South Korean cryptocurrency exchanges Upbit and Bithumb announced that members of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for Pundi AI (PUNDIAI), stating that "the explanation materials provided by the foundation concerning the reasons designated as trading warning projects cannot eliminate relevant concerns. After a comprehensive review of aspects such as the project's legality, sustainability, and security, it was determined that the project does not meet the standards for maintaining trading support, and thus the decision to terminate trading support has been made." Both Upbit and Bithumb will terminate trading support for PUNDIAI on August 28.

Project Updates:

Anthropic will launch new weekly usage limits for Claude Pro and Max starting from August 28

Conference Activities:

Bitcoin Asia** will open on August 28 at the Hong Kong Convention and Exhibition Centre, with Eric Trump in attendance**

The Bitcoin Asia Summit will be held in Hong Kong in August 2025. The organizing committee announced that American entrepreneur Eric Trump will attend as a special guest and deliver a speech. Eric Trump will share his observations and thoughts on topics such as global fintech trends, digital infrastructure development, and emerging innovation models in the international business field.

Bitcoin Asia is committed to building a professional, open, and globally-oriented knowledge exchange platform to promote the development of the Bitcoin industry in Asia. The conference will be held from August 28 to 29, 2025, at the Hong Kong Convention and Exhibition Centre. This conference will gather developers, enterprises, research institutions, and policymakers from the Asia-Pacific region and around the world to discuss the evolving trends of digital assets and the underlying infrastructure. The agenda covers various dimensions including application scenarios, enterprise solutions, responsible innovation, and global collaboration, promoting cross-industry communication and industry implementation.

Token Unlock:

Jupiter (JUP) will unlock approximately 53.47 million tokens at 10 PM Beijing time on August 28, which is 1.78% of the current circulation, valued at approximately 27.1 million USD.

Sophon (SOPH) will unlock approximately 267 million tokens at 9 PM Beijing time on August 28, which is 12.94% of the current circulating supply, valued at about 8.9 million USD.

August 29

Macroeconomics:

06:00, Federal Reserve Governor Waller will speak on monetary policy;

20:30, U.S. July Core PCE Price Index Year-over-Year, U.S. July Personal Spending Month-over-Month, U.S. July Core PCE Price Index Month-over-Month.

Policy Regulation:

The Hong Kong Financial Services and the Treasury Bureau and the Hong Kong Securities and Futures Commission are consulting on the proposed regime for the regulation of virtual asset trading service providers and custodians, with a deadline of August 29.

The Hong Kong Financial Services and the Treasury Bureau and the Hong Kong Securities and Futures Commission have jointly launched a public consultation on the regulatory regime for virtual asset trading and custody service providers. The proposed regime will empower the Securities and Futures Commission to issue licenses and supervise virtual asset trading service providers and custody service providers, as well as enforce relevant regulations. The Commission will also be responsible for formulating compliance standards for these two important service providers, ensuring robust investor protection measures and maintaining market integrity based on the principle of "same business, same risks, same rules." The deadline for submitting relevant opinions is August 29, 2025.

August 30

Project Updates:

Bitcoin L2 Network Zulu Network is transitioning to an AI project, the mainnet and related services will be suspended on August 30

The Bitcoin Layer 2 network Zulu Network announced its transition to the AI field, focusing on decentralized AI models, AI-driven smart contracts, and the integration of blockchain and AI. Former OpenAI expert Ishant Singh has joined the team as the Strategic AI Director to promote protocol development. Zulu plans to support liquidity through the BNB chain, with the mainnet and related services scheduled to close on July 30, 2025, and to be suspended on August 30, with a future decision on whether to restart depending on demand.

Token Unlock:

Kamino (KMNO) will unlock approximately 229 million tokens at 8 PM Beijing time on August 30, which is 6.81% of the current circulating supply, worth approximately $13.3 million.

Renzo (REZ) will unlock approximately 448 million tokens at 7 PM Beijing time on August 30, which is 11.36% of the current circulating supply, valued at about 6.2 million USD.

August 31

Governance Voting:

Sonic Labs releases "U.S. Expansion and TradFi Adoption" proposal: proposing to issue $150 million worth of S tokens, **** voting will close on August 31

Sonic Labs has released a proposal for "U.S. Expansion and TradFi Adoption," which outlines the plan to establish Sonic USA, an entity dedicated to managing the protocol's entry into the U.S. financial system. Sonic Labs seeks community approval to implement several strategic initiatives. These initiatives include: establishing regulated exchange-traded products (ETP/ETF) to give mainstream investors access to the Sonic Labs ecosystem; integrating BitGo custody solutions to ensure compliance and security standards meet U.S. institutional requirements; exploring Nasdaq PIPE and potential listing avenues to help Sonic Labs enter the traditional stock market.

The proposal suggests authorizing the issuance of S tokens valued at $150 million, including $50 million for ETF allocations, $100 million for the Nasdaq PIPE, and the issuance of 150 million S tokens to strengthen Sonic USA's capital base. This allocation will be used to support infrastructure development, regulatory filing, and the resources needed to expand operations in the most heavily regulated financial environments. The deadline for voting on the proposal is August 31.