according to Fox Business Channel, economist E.J. Antoni, nominated by US President Trump as the head of the Bureau of Labor Statistics, suggested suspending the agency's closely watched monthly employment report, citing fundamental flaws in its basic methods, economic models, and statistical assumptions. Before Trump's nomination was announced on Monday, Antoni criticized the unreliable data behind the monthly employment report in an interview, warning that it is often exaggerated and misleading key economic decision-makers from Washington to Wall Street. Antoni stated: "When businesses do not know how many job opportunities have been added or lost in our economy, how are they supposed to plan, or how should the Federal Reserve execute monetary policy? This is a serious issue that needs to be addressed immediately. The Bureau of Labor Statistics should suspend the release of the monthly employment report until the issue is corrected, but should continue to release more accurate but less timely quarterly data," he said, "Key decision-makers from Wall Street to Washington rely on this data, and a lack of confidence in this data would have far-reaching consequences."

Binance Alpha announced that it will launch Overlay Protocol (OVL) on August 14th and become the first platform to support the project. Eligible users can use Binance Alpha points to claim airdrops on the Alpha activity page after trading opens. Specific details will be announced soon.

SEC Chairman Pierce: No need to wait for legislation to promote the development of cryptocurrencies.

according to @pete_rizzo_, market news: Trump advisor David Bailey will buy $760 million worth of BTC today.

SlowMist founder Yu Xian commented on the 51% attack on Monero, saying that there are many doubts in the community about whether it is a true 51% attack in the real sense, but there are no doubts about the reorganization of blocks (such as 6 blocks). The Qubic mining pool claims to control 51% of the hash power, but many community members believe they control approximately 33% of the hash power. This debate is not easy to prove, and to truly confirm a 51% attack, a double spend attack test must be initiated.

 according to @Cointelegraph, Cuy Sheffield, the head of Visa's cryptocurrency business, mentioned that stablecoins could greatly expand Visa's potential market when talking about the $2 trillion market opportunity.

According to Lookonchain monitoring, the new wallet address "0x2A92" withdrew 23,365 ETH from Kraken in the past hour, worth $104 million.

Binance Wallet will announce the exclusive sale of Cherry (AIBOT) tokens from 4:00 to 6:00 pm (UTC+8) on August 14. Eligible users must use Binance Alpha points to participate in the subscription. In addition, 30 million AIBOT tokens will be used for future activities, with specific details to be announced separately. TGE details and event pages will be released soon.

 according to @ali_charts, when Bitcoin falls before the CPI or PPI report, it usually rebounds quickly after the data is released, and vice versa.

 according to @JieData_Com monitoring, an address withdrew 500 BTC from Binance an hour ago, and the address currently holds a total of 3,000 BTC.