Binance Wallet will hold a Reveel (REVA) pre-launch event (Pre-TGE) from 7:00 PM to 9:00 PM Beijing time on August 14th. Users can subscribe to REVA tokens through an oversubscribed subscription model, with each participant able to deposit up to 3 BNB. Tokens will be distributed proportionally to the total deposits of all participants. The fundraising amount is $200,000 USD, with a total of 20 million REVA tokens issued, representing 2% of the total supply, at a price of $0.01 per BNB. Subscribed REVA tokens will be subject to a lock-up period, with the specific circulation period determined by the project team. Additionally, the Booster Program will airdrop an additional 40 million REVA tokens, which users can participate in by completing tasks.

According to Odaily's OKX market data, ETH has surpassed 4,700 USDT, currently trading at 4,700.97 USDT, a 24-hour increase of 9.49%. (This newsletter was generated with AI assistance.)

According to official news from Odaily Planet Daily, Binance Futures will list AIO and XNY, supporting up to 50x leverage.

According to Odaily's OKX market data, BTC has broken through 120,000 USDT and is now trading at 120,001.5 USDT, a 24-hour increase of 1%. (This newsletter was generated with AI assistance.)

According to Odaily Planet Daily, digital asset trading platform Bullish raised $1.1 billion in its initial public offering, priced at $37 per share, higher than its previous range of $32 to $33. The IPO was oversubscribed by over 20 times, bringing its market capitalization to $5.4 billion. BlackRock and ARK Investment Management are interested in subscribing for a combined $200 million in shares. Bullish, led by former NYSE President Tom Farley, primarily serves institutional clients. Its largest shareholder is Block.one CEO Brendan Blumer, who holds a 30.1% stake. The company will list on the NYSE under the ticker symbol BLSH. (Bloomberg)

According to foreign media analysis, pressure is growing within the Bank of Japan to abandon a vaguely defined inflation metric. Previously, Bank of Japan Governor Kazuo Ueda stated that "underlying inflation" (focused on the strength of domestic demand and wages) remains below the central bank's 2% target, justifying a slow pace of interest rate hikes. The problem is that there is no single indicator measuring "underlying inflation," making it a target for critics. Critics say that while both headline and core inflation have exceeded targets for years, the Bank of Japan is overly reliant on a vague indicator to guide monetary policy. Now, even some Bank of Japan policymakers are calling for a shift in communication style, toward a more hawkish approach focused on overall inflation. Naomi Muguruma, a senior Bank of Japan observer, suggests the Bank of Japan may gradually remove the concept of "underlying inflation" from its policy communications in preparation for the next rate hike, which could come as early as October. (Jinshi)