MSTR gains over 11% in pre-market trading, while US-listed crypto-related stocks rally sharply ahead of regular trading hours.

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.

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.

ASTER is pumping. A whale has made a total profit of $2.36M from going long $ASTER on @Aster_DEX. He still holds a 3.2M $ASTER ($2.27M) long, with an unrealized profit of $190K+.