Daily News | Trump signs executive order allowing cryptocurrency inclusion in 401(k) pension plans; Ant Financial announces its self-developed public blockchain, Jovay, is expected to launch on its mainnet in September and will not involve a token issuance.

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Compiled by: Jerry, ChainCatcher

Important News:

"Important Events in the Past 24 Hours"

Ant Digital Technology: Self-developed Public Chain Jovay Expected to Launch on Mainnet in September This Year, No Token Issuance

According to Jinshi News, Ant Group Vice President and Blockchain Business Director Bian Zhuoqun revealed today that the company's self-developed public chain is planned to officially launch by the end of September 2025, and this public chain will be capable of processing real transactions.

On April 30th this year, Ant Digital Technology released Layer2 blockchain Jovay and clearly stated that Jovay is a compliant institutional-level blockchain that will not issue tokens. Bian Zhuoqun stated that Ant Digital Technology is committed to becoming a portal connecting Web2 and Web3, providing more trusted assets for Web3 and introducing more compliant funds to Web2. She cited data predicting that the global tokenization market size could reach $16 trillion by 2030.

Currently, Ant Digital Technology has been expanding its RWA asset map in areas such as new energy, computing power, and finance.

Bloomberg: Trump to Sign Executive Order on Thursday to Allow Cryptocurrencies in 401(k) Retirement Plans

According to Bloomberg, Trump will sign an executive order on Thursday to relax 401(k) retirement account investment restrictions. The order will instruct the Department of Labor to re-evaluate alternative asset investment guidelines under the 1974 Employee Retirement Income Security Act, allowing alternative assets such as private equity, real estate, and cryptocurrencies to be included in the retirement account system worth approximately $12.5 trillion. The Department of Labor will also make clear fiduciary responsibilities for fund management involving alternative assets.

Binance Charity to Airdrop Up to $1.2 Million in BNB to Users in Southern Taiwan Flood-Affected Areas

Binance Charity announced that it will airdrop up to $1.2 million (approximately NT$35 million) in BNB to users in southern Taiwan's flood-affected areas to provide timely support. Eligible users must verify their residence in severely affected areas through Proof of Address (POA), including Changhua County and City, Yunlin County, Chiayi County and City, Tainan City, and Kaohsiung City.

Existing users who complete POA verification before August 7, 2025, will receive BNB worth $80; additionally, the first 15,000 users who complete POA verification between August 7 and August 20, 2025, can receive BNB worth $30.

Funds are expected to be distributed to user accounts starting from August 14, 2025.

RWA Registration Platform Officially Launches in Hong Kong

According to Jinshi News, the RWA registration platform officially launched in Hong Kong today. Initiated by the Hong Kong Web3 Standardization Association, the platform will connect the entire service system of data, asset, and financial processes for RWA asset tokenization.

Three Web3 standards were also initiated on the same day, including 'RWA Tokenization Business Guidelines', 'RWA Tokenization Technical Specifications', and 'Blockchain-based Stablecoin Cross-border Payment Technical Specifications'.

Binance Alpha: Users with at Least 200 Binance Alpha Points Can Claim 1000 X Airdrop

According to the official announcement, Binance Alpha is the first platform to go live with TaleX (X). Alpha trading will begin on August 7, 2025, at 19:00 (UTC+8).

After trading starts, users with at least 200 Binance Alpha points can apply for a 1000 X token airdrop. First come, first served. If the event has not ended, the point threshold will automatically decrease by 15 points every hour.

Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim within 24 hours on the Alpha event page, otherwise it will be considered forfeited.

Binance Alpha: INFINIT(IN) Airdrop Threshold of 200 Points

According to the official announcement, Binance Alpha and Contracts will list INFINIT(IN):

Alpha Trading Opens: August 07, 2025, 17:00 (UTC+8).

Contract Trading Opens: August 07, 2025, 18:30 (UTC+8).

After trading begins, users with at least 200 Alpha points can apply for 500 IN token airdrop. First come, first served, until the airdrop pool is claimed or the event ends.

Hong Kong-listed Delin Holdings Seeks to Raise HK$653.3 Million, Focusing on Blockchain and Virtual Asset Business

Delin Holdings (01709.HK) announced that it has signed a placement and subscription agreement with DA Wolf and other parties, and a special authorization subscription agreement with DA Wolf Investment I Limited, with an expected total financing of approximately HK$653.3 million.

These funds will focus on expanding blockchain and virtual asset business, including: approximately 30% for strategic acquisitions and investments to expand RWA tokenization plans; 15% for developing Bitcoin mining and establishing Bitcoin reserves; 7% for building licensed virtual asset OTC and retail networks in Hong Kong; 8% for developing digital asset, cryptocurrency, and stablecoin businesses; 10% invested in the US ONE Carmel high-end residential project; and 10% each for IT infrastructure upgrades, ETF creation and quantitative investment, and supplementing the group's operating funds.

CPPCC Standing Committee Member Yao Zhisheng: Hong Kong Should Develop Financial White Paper to Surpass London in Stablecoin Bonds

CPPCC Standing Committee Member Yao Zhisheng stated that Hong Kong should timely develop a financial development white paper and clearly propose specific arrangements in this year's policy address, focusing on promoting stablecoin and bond business development to surpass London. He proposed four recommendations:

  1. Establish two strategic objectives for Hong Kong's financial development: first, to build an international financial center based on the "dual foundation" of RMB and USD, and second, to be on par with New York as a global financial hub;
  2. Focus on developing RMB stablecoins and expanding RMB bond issuance to promote RMB internationalization;
  3. Formulate a financial development plan for the next 5 years and outline a 10-year vision blueprint;
  4. The Chief Executive of Hong Kong will personally lead the preparation and implementation of the white paper.

"Noteworthy Articles in the Past 24 Hours"

Dialogue with Wall Street Guru Tom Lee: Corporate Treasury Model Outperforms Traditional ETF, Ethereum Poised for Bitcoin-like Explosive Growth

Tom Lee predicts ETH price may reach between $7,000 and $15,000 by year-end.

RWA Industry Development Research Report Released in Hong Kong: RWA's Rise is No Coincidence, Rejecting Blind Optimism

Hong Kong's first RWA industry white paper released: "Everything can be RWA" is a false proposition.

DeFi's Intelligent Evolution: From Automation to AgentFi's Evolutionary Path

DeFi's three-stage intelligent evolution: automation tools, intent assistants, AgentFi.

Lido Lays Off 15%, Ethereum Staking War Enters Second Half

As ETH continuously flows from retail to institutional hands, the survival space for decentralized staking platforms is being compressed.

Nobel Laureate Johnson: Crypto Crisis Imminent

In fact, from a systemic perspective, the main flaw of the 'GENIUS Act' is its failure to effectively address the inherent redemption risk of stablecoins, as it prevents regulators from establishing strong capital, liquidity, and other safeguard measures.

From Nile to Etherex: From $7 Million to $200 Million Market Cap, Linea's Strongest Dark Horse Before Token Launch?

August 7 Update: Etherex launched its token REX on August 7, with a peak market cap of $240 million, currently around $200 million. Compared to the pre-transformation NILE's $7 million market cap, it has surged 30-fold. Revisiting Linea's native liquidity hub Nile's upgraded version Etherex.

Dialogue with Kraken's Crypto Stock Head: Ensuring One-Click Token Access for Any User

Valentin explained how xStocks differs from competitors like Robinhood, how it addresses global regulatory challenges, and revealed the platform's future expansion plans.

Towns Airdrop Truth: Millions of Points for "Tiny Rewards", Early Community Users Become Biggest "Spectators"

The Towns airdrop not only provides "tiny rewards" but also treats many genuine users as Sybil addresses. Most importantly, while the airdrop was marked as nearly 10% of the total token supply, early users actually only receive 3%.

Meme Popular List

According to meme token tracking and analysis platform GMGN market data, as of August 7 at 19:50:

Top 5 Ethereum tokens in the past 24h: PAPPY, MARIE, MARIE, fric, MHRD

Top 5 Solana tokens in the past 24h: LCKO, TROLLGE, eTONS, PEPEMAN, BOSS

Top 5 Base tokens in the past 24h: ZORA, ZORB, RIBBIT, VIRTUAL, SLAP

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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