Bithumb will suspend deposits and withdrawals of 28 BNB Chain assets on August 25, with the network upgrade expected to be completed at 11:30.

According to CoinGecko data, Upbit’s trading volume surged 244.8% over the past 24 hours, spiking to $1.706 billion. The XRP/KRW trading pair led the KRW market with a 24.49% trading volume share, while the remaining top five pairs are BTC, USDT, ETH, and ONG. Earlier, South Korean retail investors poured $4.5 billion into US stocks in July, with approximately $840 million flowing into SK Hynix’s ADRs. This shift to US stocks did not dampen South Korean retail investors’ risk appetite—AI, semiconductors, and high-leverage products remain their core bets. Among the top 10 US stocks net purchased by South Korean investors in July, four were leverage products, with Direxion Daily Semiconductor Bull 3x ETF (SOXL) being the most popular.

China Merchants Wing Lung Bank issued an important notice to customers today, stating that in compliance with the latest risk management and account compliance guidelines from the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), it is conducting a comprehensive optimization and review of investment accounts held by mainland Chinese investors. Upon verification, all investment accounts held by the relevant customers (including wealth management, securities, and/or paper gold passbook accounts) had zero asset balances as of May 22, 2026, and no investment transaction records in the past 12 months, thus being classified as "zero-balance inactive investment accounts". To maintain normal account operations, the bank requires customers to submit the "Inactive Investment Account Declaration Form" as soon as possible. Customers can submit the form via the automatic pop-up window in their personal accounts on the China Merchants Wing Lung Bank mobile app; holders of joint accounts or those who have not registered for the mobile app may call the customer service hotline to complete the submission per instructions. Each holder of a joint account must submit the form separately. The main contents of the declaration form include confirming the accuracy of personal information, the legality of fund sources, that the account has not been closed or suspended due to suspicious documents, and timely notification of any information changes, among other requirements. The bank reminds that if customers fail to submit the form in a timely manner, it will suspend new investment transactions (including stock purchases, wealth management product subscriptions, etc.) at an appropriate time; if the submission remains pending, the relevant "inactive investment accounts" may be closed starting from November 2026. Once an account is suspended or closed, no new securities or wealth management product investment transactions can be conducted.

HertzFlow announced that its $4.44 million USD1 Genesis Deposit Vault has been fully funded. The project’s official stated that this is a key milestone ahead of its mainnet launch, and the team is currently making final preparations for the mainnet to officially open trading on August 24. According to the introduction, HertzFlow aims to build a permissionless leveraged trading market for oracle-backed assets, and further activate on-chain liquidity on BNB Chain via composable DeFi strategies, converting more on-chain funds into liquid assets that generate sustainable yields.

According to data from BlockBeats, Binance's platform futures trading volume surged 619% over the three-day period from August 16 to 19, rising from $13.2 billion to $95.1 billion.

The Federal Reserve’s recently released July meeting minutes show that policymakers referenced artificial intelligence (AI) 18 times across 15 paragraphs discussing economic conditions and outlooks. Attending officials warned that large-scale AI infrastructure investment could exert broader upward pressure on overall inflation by boosting aggregate demand, while the impact of AI on the labor market remains highly uncertain. Some officials noted that AI-related price pressures are currently concentrated only in chips, software, and certain consumer electronics, but others pointed out that the expanding scale of AI investment may have already or will soon affect overall prices. Meanwhile, Fed officials are concerned that AI capital spending is increasingly reliant on debt financing from non-bank investors and regional banks. A sharp reversal in AI asset pricing could lead to significant stock repricing and trigger shocks to financial institutions and consumer spending. The minutes also stated that AI’s impact on the labor market may be limited for now. While data center construction has created jobs in some regions, it has also exacerbated shortages of roles such as electricians, plumbers, and construction workers. Some officials also warned that there remains considerable uncertainty about whether and when the productivity gains promised by AI will materialize.

Max For AI has published a disclosure noting that a benchmark screenshot allegedly of Xiaomi’s next-generation large model MiMo-V3-Pro has circulated in online communities. The screenshot shows the model is primarily targeted at coding agent and general agent scenarios, with some test scores approaching those of top overseas models like Claude Opus and GPT. According to the alleged screenshot, MiMo-V3-Pro scored 72.8 points on SWE-Bench Pro, higher than GLM 5.3’s 67.9 points and Kimi K3’s 65.8 points, and less than 3 points behind Claude Opus 5’s 74.6 points and GPT-5.6 Sol Max’s 75.4 points. It also scored 70.6 points on Terminal-Bench 2.0, similarly close to Claude Opus 5’s 72.0 points and GPT-5.6 Sol Max’s 73.5 points. Additionally, its τ3-bench score reached 76.4 points, compared to GPT-5.6 Sol Max’s 78.8 points. If these scores are ultimately officially confirmed and reproducible in the official version, MiMo-V3-Pro could enter the first tier of the world’s top models. However, the authenticity of the benchmark screenshot and its test conditions have not been confirmed by Xiaomi’s official, and the relevant data should still be considered unsubstantiated leaks. It is worth noting that Xiaomi’s latest officially announced MiMo flagship models are currently MiMo-V2-Pro and MiMo-V2.5-Pro, so whether MiMo-V3-Pro exists and its specific release date remain to be further disclosed by the company.