This Week's News Preview | Hong Kong RWA Registration Platform Launched; Binance Alpha Launches Towns (TOWNS)

Organized by: Jerry, ChainCatcher

Key News:

• Binance Alpha will launch DarkStar (DARK) on August 4
• Binance Alpha will launch Cycle Network (CYC) on August 4
• Solana Mobile announces Seeker phone will ship on August 4 and launch native token SKR
• Binance Alpha will launch Towns (TOWNS) on August 5
• Trump delays the effective date of reciprocal tariffs by one week to August 7
• Hong Kong RWA registration platform will launch on August 7
• The U.S. will announce the number of initial jobless claims for the week on August 7

August 4 (Monday)

Binance Alpha will launch DarkStar (DARK) on August 4

According to the official announcement, Binance Alpha will launch DarkStar (DARK) on August 4. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens. Further details will be announced separately.

Binance Alpha will launch Cycle Network (CYC) on August 4

Binance Alpha will launch Cycle Network (CYC) on August 4. Eligible users can claim airdrops on the Alpha Events page using Binance Alpha points after trading begins.

Solana Mobile announces Seeker phone will ship on August 4 and launch native token SKR

According to official news, Solana Mobile announced that its second phone, Seeker, will start shipping on August 4, 2025.

Additionally, Seeker will launch the SKR token, which is the native asset of the Solana mobile economy. The SKR token will be directly distributed to developers and users participating in the ecosystem.

Succinct airdrop registration will close on August 4

Registration for the Succinct airdrop opened on July 29 and will close at 3 AM (Beijing time) on August 4. This airdrop rewards community members who actively participated in the testnet over the past six months and recognizes open-source developers who contributed to ZK, cryptography, and blockchain, as well as affiliated organizations of cooperation agreements, collaborators from Succinct Labs, public goods organizations, and crypto Twitter opinion leaders. Users with badges are eligible to participate in this airdrop.

The official Succinct documentation page shows that the total supply of PROVE tokens is 1 billion, which will be used for payments, staking, and governance. The distribution ratio is: 25% for the public and future incentives (including 5% for the first round of airdrops), 25% for ecosystem and R&D, 29.5% for core contributors, 10.5% for investors, and 10% for foundation operations. Tokens for investors and contributors will be locked for one year, with a four-year linear unlock.

August 5 (Tuesday)

Binance Alpha will launch Towns (TOWNS) on August 5

According to the official announcement, Binance Alpha will launch Towns (TOWNS) on August 5. Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after trading opens. Further details will be announced separately.

August 6 (Wednesday)

Brazilian lawmakers plan to debate the president's new crypto tax proposal on August 6

According to Brazilian media livecoins, Brazilian lawmakers will debate the new crypto tax proposal put forward by President Lula. The proposal aims to impose a fixed tax of 17.5% on all crypto transactions and eliminate the income tax exemption for small transactions.

The proposal also covers decentralized finance (DeFi) activities through a temporary measure that took effect in June. Relevant hearings will be held on August 6, and the proposal must be approved by October 8, or it will automatically expire.

August 7 (Thursday)

Trump delays the effective date of reciprocal tariffs by one week to August 7

According to Jin10, on Thursday evening local time, President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods exported to the U.S. from 67 trading partners, raising tariff levels to the highest in over a century.

However, the new tariffs will not take effect until August 7, rather than the previously scheduled August 1, giving countries another window to negotiate lower tariffs. A senior government official stated, "This is historic; this is a new trade system, and this is what I call the Trump round of negotiations." White House officials indicated they hope to reach more agreements with countries before the new tariff implementation date of August 7.

Hong Kong RWA registration platform will launch on August 7

According to the Science and Technology Innovation Board Daily, Hong Kong's first RWA registration platform will launch on August 7, initiated by the Hong Kong Web3.0 Standardization Association, which will facilitate the entire process of data, asset, and financial services for RWA asset tokenization.

The U.S. will announce the number of initial jobless claims for the week on August 7

At 8:30 PM Beijing time on August 7, the U.S. will announce the number of initial jobless claims for the week ending August 7, with the previous value being 218,000.

August 8 (Friday)

Federal Reserve Governor Kugar will resign on August 8

According to a statement from the Federal Reserve, Governor Kugar will resign next week, providing Trump with an opportunity to appoint a favored candidate who may take a leadership position in the central bank. Kugar's position was not expected to become vacant until January next year, and there are currently no other vacancies on the seven-member Federal Reserve Board.

Now, Trump will have the opportunity to immediately appoint a governor to pressure Chair Powell—and this governor could potentially succeed Powell. The statement noted that Kugar has submitted his resignation to President Trump and will step down next Friday (August 8) to return to Georgetown University as a professor.

Kugar did not attend this week's Federal Reserve policy meeting, and the board stated he was absent due to personal matters. Kugar previously served as the Chief Economist at the U.S. Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023.

August 9 (Saturday)

Bitcoin re-staking platform SatLayer airdrop registration is now open, deadline is August 9

Bitcoin re-staking platform SatLayer announced on the X platform that airdrop registration for SlayDrop is now open, with a deadline of 9 PM on August 9.

August 10 (Sunday)

YZi Labs' first offline global incubation program EASY Residency will end on August 10

According to official news, YZi Labs has officially launched a 10-week in-person global incubation program, EASY Residency, focusing on Web3, AI, and healthcare, aimed at clearing distractions for the top 1% of founders who dare to solve problems and providing a focused entrepreneurial environment.

The program started on June 2, 2025, in Silicon Valley, California, and will end on August 10, when a Demo Day will be held. Selected teams of 10-20 will showcase their product results to industry-renowned venture capitalists for potential investment opportunities. During the program, teams will receive comprehensive support including accommodation and meals, and will have deep access to a network of world-class mentors, builders, and investors. The mentor lineup is impressive, including Binance co-founder CZ, Ethereum co-founder Vitalik Buterin, and other industry leaders, who will provide long-term guidance and support to entrepreneurs.

Applications are currently open and will close on May 21 at 11:59 PM (GMT-7).