1. Federal Reserve Board Nominee Milan May Take Office Before September Meeting

U.S. Treasury Secretary Basant stated that Federal Reserve Board nominee Milan may officially take office before the September Federal Reserve meeting. -Original

2. Hong Kong Monetary Authority Receives 77 Applications for Stablecoin Licenses

A spokesperson for the Hong Kong Monetary Authority stated that as of August 31, a total of 77 applications for stablecoin licenses have been received, with applicants including banks, technology companies, investment firms, and e-commerce businesses. The Monetary Authority emphasized that expressing intent or submitting an application does not guarantee approval, and the final issuance of licenses will depend on whether the applications meet the criteria, with only a small number of licenses being issued initially. -Original

3. Trump Family-Backed Project WLFI Set to Launch

Tonight at 21:00 (UTC+8), World Liberty Financial (WLFI), backed by the Trump family, will make a strong debut on major exchanges such as Binance, OKX, and Gate.io! The opening market is about to start, with the first 5 seconds determining the outcome—opportunities are fleeting, are you ready? 🔥 AiCoin "抢新开盘"—WLFI's ultimate trading weapon, helping you position accurately and win the opening: ✅ High-speed concurrent ordering → High-frequency batch orders, multiple orders synchronously seizing the best prices ✅ Fully automated execution → Pre-set market price chasing/limit price bottom-fishing, strategies triggered instantly, saying goodbye to manual delays ✅ Intelligent opening alerts → Multi-channel reminders pushed 5 minutes in advance, always ready, worry-free not to miss 📌 4 easy steps to set up WLFI's automatic launch: 1️⃣ Download AiCoin PC client, authorize exchange API (supports major platforms like Binance/OKX/Gate, etc.) 2️⃣ Search for "WLFI/USDT", click [抢新开盘] 3️⃣ Flexibly set order parameters (reference pre-market price or market price) 4️⃣ Keep AiCoin online, automatically high-frequency order grabbing 5 seconds before the opening ⚠️ Note: WLFI has a low initial circulation and high FDV, expected to be highly volatile, please rationally allocate positions and pay attention to risk control! Lock in AiCoin now, don't miss the Trump concept coin WLFI launch~ -Original

4. Former Cred CEO Sentenced to 52 Months in Prison for Crypto Fraud

According to Decrypt, Daniel Schatt, the former CEO of bankrupt crypto lending company Cred, was sentenced to 52 months in prison for his involvement in a $150 million cryptocurrency fraud case, while former CFO Joseph Podulka was sentenced to 36 months. Legal experts say this case sets a new precedent for executive accountability in crypto fraud cases. -Original

5. South Korea's Kbank Completes Cross-Border Payment Test for KRW Stablecoin

South Korea's digital bank Kbank has partnered with blockchain company BPMG to develop a multi-chain wallet KMINT and provide blockchain platform and stablecoin consulting services. The two parties have completed a proof of concept for cross-border payments using KRW stablecoins in Thailand and Dubai. Kbank is a partner bank of South Korea's crypto exchange Upbit, with 14 million customers. -Original

6. U.S. Treasury Secretary Says Federal Reserve Should Be Independent but Has Made Many Mistakes

U.S. Treasury Secretary Basant stated that the Federal Reserve should remain independent but pointed out that it has made many mistakes. He also defended Trump's right to fire Federal Reserve Governor Lisa Cook on the grounds of mortgage fraud. Trump has recently continued to criticize the Federal Reserve and Chairman Powell, including their failure to cut interest rates and issues related to headquarters renovation costs. -Original

7. MUFG: Weak Non-Farm Data May Prompt Federal Reserve to Increase Rate Cuts

MUFG analyst Lee Hardman stated in a report that if the U.S. non-farm employment data released this Friday is significantly weaker than expected, the dollar may face further downward pressure. He noted that consecutive weak employment data would strengthen market expectations for the Federal Reserve to resume rate cuts at the September meeting, potentially even cutting rates by 50 basis points at once. The market generally expects the Federal Reserve to cut rates by 25 basis points this month and to accumulate more than 100 basis points in cuts before September next year. Hardman believes that unless the non-farm data is significantly better than expected, market expectations for imminent rate cuts by the Federal Reserve are unlikely to change. -Original

8. Slow Mist Discovers Malicious Contract Leading to WLFI Token Theft

Slow Mist founder Yu Xian stated that a recent attack utilizing the 7702 delegate malicious contract was discovered, resulting in the theft of WLFI tokens from multiple addresses of players. The attack method involved hackers embedding malicious contracts in target wallets, transferring ETH and other token assets after the private keys were leaked. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com).

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