Odaily Planet Daily News: Binance released an update on its reserve certificate for August. As of August 1, 2025, the user's BTC net balance was 591,163.841, the Binance wallet balance was 608,639.998, and the BTC reserve ratio was 102.96%. In terms of ETH, the user's net balance is 4,555,013.724, the wallet balance is 4,585,489.832, and the reserve ratio is 100.67%. In addition, the reserve ratio of USDT is 102.27%, and that of BNB is 111.74%.

Odaily Planet Daily reported that US President Trump posted on social media: "Reciprocal tariffs will take effect at midnight tonight! Billions of dollars will begin to flow into the United States, mainly from countries that have taken advantage of the United States for many years. The only thing that can stop America from being great is a radical left-wing court that wants to see our country fail!" (Jinshi)

According to official sources, OpenAI will make a major announcement on Thursday. Based on tweets, this appears to be a prelude to the long-awaited release of the GPT-5 AI model. (Note: OpenAI's post announced a LIVE 5 TREAM at 10 AM Pacific Time on Thursday—note that the "s" in the word "livestream" has been replaced with a "5"). Combined with recent official OpenAI announcements, it seems GPT-5 is imminent. Last Sunday, OpenAI CEO Sam Altman posted a screenshot with "ChatGPT 5" written in the top left corner. The company's head of applied research also posted on Monday that he was excited to see how GPT-5 would be received. Last month, Altman also stated that OpenAI planned to release GPT-5 soon. The Verge's Tom Warren reported in July that OpenAI planned to launch GPT-5 in early August, and in February, he wrote that Microsoft had been preparing server capacity for the new model.

Odaily Planet Daily Xundelin Holdings (01709.HK) announced that it has signed a placement and subscription agreement with DA Wolf and other parties, and a special authorization subscription agreement with DA Wolf Investment I Limited. The total financing amount is expected to be approximately HK$653.3 million. The funds will be mainly used to expand blockchain and virtual asset businesses, including: approximately 30% for strategic acquisitions and investments, and expansion of the RWA tokenization program; 15% for the development of Bitcoin mining and the establishment of Bitcoin reserves; 7% for the construction of a licensed virtual asset over-the-counter trading and retail network in Hong Kong; 8% for the development of digital assets, cryptocurrencies and stablecoin businesses; 10% for investment in the ONE Carmel high-end residential project in the United States; and another 10% each for IT facility upgrades, ETF creation and quantitative investment, and group working capital replenishment.

Odaily Planet Daily News: YZi Labs (formerly Binance Labs) announced that it will launch the second season of its global incubation project Easy Residency on October 6, focusing on Web 3, AI and life sciences.

According to Odaily Planet Daily, Coinbase analyst David Duong stated that the continued growth in stablecoin supply, with strong monthly momentum, indicates a recovery in on-chain liquidity. The total amount of stablecoins in circulation has risen to a record $265 billion, with a 5% growth rate over the past 30 days. While above zero growth, this is still below the double-digit growth seen in January of this year.