Saudi media: Reopening arrangements for the Strait of Hormuz could be announced as early as the next few hours.

Official announcements from Binance Alpha clarify the reward distribution plan for MarsCoin holders, as follows: For Binance Wallet holders: Rewards will be automatically disbursed to users’ on-chain Binance Wallet addresses via Flap in line with its allocation rules. For Alpha 2.0 (CEX) holders: Since Flap’s rewards will be sent to the Binance Alpha Treasury Contract address, Binance Alpha will calculate rewards based on users’ average monthly holdings, with a daily random snapshot taken. Eligible users must maintain an average monthly holding of at least 10,000 MarsCoin. Last month’s rewards will be distributed to eligible users’ spot accounts in the form of SPCXB at the start of next month. Reward eligibility is subject to applicable products and jurisdictions, including whether users are eligible to access bStocks on Binance. The reward distribution is set by the token deployer in the token contract, leveraging infrastructure from standard token issuance platform Flap. Binance only acts as a distribution coordinator for eligible holders on its platform.

US Secretary of State Rubio said there is no final resolution to the Strait of Hormuz issue, but he expressed hope that an agreement will be reached soon.

Ethereum Foundation member Justin Drake and his team have proposed a new Ethereum Improvement Proposal (EIP) numbered 8361, designed to lower Ethereum’s inflation rate. Under the proposal, if the proportion of staked ETH surpasses 50%, staking yields would be reduced to 0%; based on current staking volumes, this would halve staking rewards to 1%.

According to market data from BIT (bit.com), the Nasdaq 100 Index rose more than 2%, hitting its highest level since July 15.

According to market data from BIT (bit.com), Palantir (PLTR.N) remains on an upward trend, with its gains expanding to 21%. The company’s latest post-earnings report released yesterday shows that its second-quarter revenue grew 93% year-over-year to $1.94 billion, net profit reached $1.06 billion, and it significantly lifted its full-year performance guidance.

According to Fortune, Dinari has partnered with stablecoin giant Circle to enable U.S. investors to trade stocks via self-custody wallets for the first time. Dinari’s model replaces the traditional brokerage stack with a wallet-based system, allowing users to instantly fund their accounts using the stablecoin USDC. For decades, buying stocks has meant going through brokers, waiting for trade settlements, and facing limited trading outside market hours. Dinari aims to change this. On Tuesday, the San Mateo, California-based firm, which converts publicly traded stocks into tokens, announced it has tokenized the entire S&P 500 index and is offering these tokenized stocks to U.S. investors.