Daily Report | Binance increases the total quota of Plasma USDT locked products to 1 billion USDT; industry insiders say that several Chinese-funded financial institutions in Hong Kong have received requests from headquarters to explore RWA projects
August 22 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Philippine Congressman Proposes Establishing a National Bitcoin Strategic Reserve
- Binance Wallet Hemi Pre-TGE Event Participation Threshold is 240 Alpha Points
- Binance to Launch XPL USDT Perpetual Contract Pre-Trading
- Binance Increases Plasma USDT Lockup Product Total Quota to 1 Billion USDT
- SBI to Acquire Majority Stake in CoinPost, Transaction Expected to Complete by October 1
- Binance Alpha: XPIN Airdrop Claim Threshold is 200 Alpha Points, First Come First Served
- Insiders: Several Chinese Financial Institutions in Hong Kong Receive Headquarters Request to Explore RWA Projects
- Binance Alpha to Launch FreeStyle Classic (FST)
- First YZY Buyer Identity Exposed, Made Over 100 Million USD Profit from TRUMP
"What Important Events Happened in the Last 24 Hours"
Philippine Congressman Proposes Establishing a National Bitcoin Strategic Reserve
According to NLNico, Philippine Congressman Migz Villafuerte has submitted HB 421, proposing the establishment of a strategic Bitcoin reserve for the Philippines.
The proposal suggests that the Bangko Sentral ng Pilipinas (BSP) purchase 2,000 Bitcoins annually over five years, accumulating a total of 10,000 Bitcoins, and hold them for 20 years, aiming to strengthen national security and debt stability.
Binance Wallet Hemi Pre-TGE Event Participation Threshold is 240 Alpha Points
Binance Wallet will hold an exclusive Hemi Pre-TGE event, where users with 240 or more Binance Alpha Points can participate through the Alpha event page. Participation in this event will consume 10 points.
The event will take place on August 22, 2025, from 20:00 to 22:00 (UTC+8).
Binance to Launch XPL USDT Perpetual Contract Pre-Trading
Binance will launch XPLUSDT USDT perpetual contract pre-trading on August 22, 2025, at 17:30, with a maximum leverage of up to 5 times. The underlying asset for this contract is Plasma (XPL), allowing users to trade 24/7.
Binance Increases Plasma USDT Lockup Product Total Quota to 1 Billion USDT
According to an official announcement, Binance Earn has announced that due to strong community response, the total quota for the Plasma USDT lockup product has been increased from 250 million USDT to 1 billion USDT, with subscriptions opened in batches. The second batch of 250 million USDT will be available for subscription starting at 09:00 (UTC) on August 22, 2025, with subsequent batches to be announced separately.
SBI to Acquire Majority Stake in CoinPost, Transaction Expected to Complete by October 1
According to an announcement from SBI Holdings, SBI Holdings has signed a share transfer agreement with some existing shareholders of CoinPost to acquire a majority stake in the Web3 media company CoinPost, making it a controlled subsidiary. The transaction is expected to complete by October 1, 2025.
CoinPost is one of Japan's largest cryptocurrency and Web3 professional media outlets and operates Asia's largest Web3 conference, "WebX." After the acquisition, both parties will collaborate in three areas: expanding media functions, supporting digital asset investment expansion, and jointly hosting industry events. SBI Holdings stated that this move will accelerate the social implementation of Web3 in Japan by leveraging synergies with group enterprises, establishing a new financial digital industry foundation.
Binance Alpha: XPIN Airdrop Claim Threshold is 200 Alpha Points, First Come First Served
According to an official announcement, Binance Alpha is the first platform to launch XPIN Network (XPIN), with trading starting on August 22, 2025, at 17:00 (UTC+8).
After trading begins, users holding at least 200 Binance Alpha Points can claim 80,000 XPIN tokens in the airdrop. If the event is not over, the score threshold will automatically decrease by 15 points every hour.
Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture of the airdrop.
Tencent News published an article titled "Stablecoin Boom Fuels Chinese Institutions in Hong Kong to Explore RWA, Industry Insiders Call for Cooling," which pointed out that the financial circle in Hong Kong is starting to stratify, with foreign institutions researching quantification, hedging, and IPOs, while Chinese institutions are beginning to explore RWA. Chinese financial institutions in Hong Kong are actively trying RWA, and a head of a leading fund company in Hong Kong stated that many institutions have received requests from their domestic headquarters to explore business opportunities in RWA projects. Like most financial products landing in Hong Kong, these Chinese financial institutions require a large number of lawyers to participate in exploring RWA projects, which has led to an increase in business for some law firms in Hong Kong in the crypto sector, including King & Wood Mallesons and JunHe Law Offices.
Additionally, a head of a state-owned enterprise asset management company stationed in Hong Kong stated, "This wave is actually top-down; headquarters hopes that institutions in Hong Kong will try to do RWA to prepare for the ecological development after the issuance of stablecoins."
Binance Alpha to Launch FreeStyle Classic (FST)
Binance Alpha will launch FreeStyle Classic (FST) on August 24.
Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha Points after the Alpha trading opens. Specific details will be announced separately.
First YZY Buyer Identity Exposed, Made Over 100 Million USD Profit from TRUMP
According to on-chain analysis by Bubblemaps, the first buyer of YZY is Naseem—a trader who spent 1.1 million USD this year investing in TRUMP and ultimately made over 100 million USD in profit.
YZY was deployed on-chain on August 17, with the first actual transaction occurring on August 21, when an address starting with AwY1V purchased YZY worth 250,000 USD. Bubblemaps found a strong correlation between the AwY1V starting address and wallets previously associated with Naseem, including addresses that had previously purchased Libra and Trump. Based on this evidence, there is reason to believe that the AwY1V starting address belongs to Naseem.
As of now, Naseem has cashed out 800,000 USD from the first purchase and still holds 600,000 USD in YZY, and may have used other addresses for trading.
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Meme Hot List
According to the meme token tracking and analysis platform GMGN, as of August 22, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: Kanye, LINK, MHRD, SMOG, SATOSHIT
In the past 24 hours, the top five popular Solana tokens are: LILPEPE, LBRETT, LILPEPE, Xiaomi, LBRETT
In the past 24 hours, the top five popular Base tokens are: SCAN, EDOG, GIGABRIAN, SLAP, SKITTEN
Risk warning
Risk warning
