White House spokesperson Levitt said on Tuesday that President Trump is considering suing Federal Reserve Chairman Powell for his management of the renovation of the Federal Reserve headquarters in Washington. President Trump earlier posted on social media mentioning this potential move, increasing the ongoing pressure from Trump on Powell to lower interest rates.

 Zircon Financial Group's "Zircon Securities" has officially announced that it has obtained approval from the Securities and Futures Commission of Hong Kong (SFC) to conduct Virtual Asset Token In/Out business. This move makes Zircon Securities one of the few compliant platforms in the industry that can provide full-process services for virtual asset deposit, trading, and withdrawal through a mobile app.

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.