According to an official announcement from Odaily Planet Daily, Gate has released its August reserve report, showing significant increases across all metrics. The data shows that as of August 8, 2025, Gate's total reserves reached $12.02 billion, with a total reserve ratio of 123.98%. Reserves cover over 400 user assets. Compared to the previous period, total reserves increased from $10.504 billion to $12.02 billion, and excess reserves increased from $2.17 billion to $2.32 billion, a 7.14% month-over-month increase. This data further demonstrates Gate's robust strength in asset security and transparency. To date, Gate's core assets have maintained sufficient reserves. The total number of BTC users has increased from 15,774.41 in the previous period to 19,334.98, and Gate's reserves have also increased from 22,779.00 to 25,809.00, with an excess reserve ratio of 33.48%. The total number of ETH users is 338,663.88, with Gate's reserves at 418,536.00, and an excess reserve ratio of 23.58%. The total number of USDT users is 1,009,562,323.90, with Gate's reserves at 1,279,510,136.00, and an excess reserve ratio of 26.74%. Furthermore, popular assets like GT, DOGE, and XRP all exceed the 100% reserve benchmark, reaching 156.49%, 109.00%, and 115.07%, respectively. Gate continuously safeguards user assets through a verifiable reserve system and multi-layered security measures.

According to official news from Odaily Planet Daily, Binance Alpha will list Overlay Protocol (OVL), and Alpha trading will begin at 15:30 (UTC+8) on August 14, 2025. Once trading begins, users holding at least 200 Binance Alpha Points will be eligible to claim an airdrop of 111 OVL tokens. This will be on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour while the promotion lasts. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page, otherwise they will be deemed to have forfeited the airdrop.

According to Odaily's OKX market data, BTC has fallen below 122,000 USDT, currently trading at 121,982.1 USDT, with its 24-hour gain narrowing to 2.43%. (This newsletter was generated with AI assistance.)

According to Odaily Planet Daily, MyStonks founder Bruce J issued a statement addressing recent platform controversies, stating that last week, the compliance team received a law enforcement request to provide information about a single client and suspend withdrawals for that client. This action was not the platform's own initiative, and the client's brokerage account was also restricted. He emphasized that assisting regulatory investigations is the exchange's legal responsibility, and that targeted investigations do not indicate a problem with the source of client funds. He urged the public not to over-interpret or spread false rumors. Bruce J stated that MyStonks has completed compliance filings in the US, has over 20,000 registered users, and is valued at over $50 million. The platform will continue to adhere to a compliant approach and focus on developing its RWA business and providing customer service.

Binance Alpha users with 224 or more points can participate in the Cherry AI (AIBOT) TGE event through the Alpha event page. Participation will cost 15 points.

1. Tom Lee: Standard Chartered's forecast of ETH reaching $7,500 by the end of the year may underestimate its actual value; 2. WLFI's OTC price is $0.3, with a 24-hour trading volume exceeding $1.56 million; 3. The practicality of the South Korean won stablecoin may be questionable due to restrictions on onshore policies. 4. Coinbase was stolen by MEV bots due to a misconfiguration in its interaction with 0x swapper. 5. “ETH whales” bought another 4,201 ETH in half an hour, bringing their total purchases to 14,931 ETH during the week. 6. A whale withdrew 210,900 LINK from Binance, worth approximately $5.05 million. 7. Coinbase DEX will initially be open to 1% of users and will gradually expand coverage. 8. Nate Geraci: Spot ETFs are not "buyers," BTC and ETH both saw significant gains; 9. Bitcoin spot ETFs saw a total net inflow of $86.9145 million yesterday, marking the sixth consecutive day of net inflow. 10. Ethereum spot ETF had a total net inflow of US$729 million yesterday, the second highest in history.