MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

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.

South Korean cryptocurrency exchange Bithumb announced that to support the BNB Smart Chain network upgrade and node server updates, it will temporarily suspend deposits and withdrawals for 28 related digital assets starting at 9:00 AM KST on August 25. The impacted assets include BNB, ASTER, CAKE, FLOKI, PUMPBTC, SFP, SOLV, USD1, XVS, C98, EDU, GMT, HOOK, LISTA, and others, with the suspension limited exclusively to the BNB Smart Chain network. Bithumb expects to complete the node server update by 11:30 AM KST on August 25, though the exact time may change due to network conditions and block generation speed. The platform will issue a separate announcement to resume deposits and withdrawals once the network stabilizes. The announcement emphasized that trading of the affected assets will remain normal during the suspension, but users should note that significant price fluctuations may occur in the period.

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.