QueenOfTheDay

WALL STREET VS BASEL: WHY BIG BANKS WANT 2026 CRYPTO RULES PAUSED
Eight top trade groups for Wall Street banks have asked global rule makers to pause strict crypto bank rules that were set to start in Jan 2026. They say capital load is too high and will push two point eight trillion dollar crypto flow outside banks.
What rule says: if a bank holds crypto that watchdogs deem risky, it must hold far more core capital than for same size of loan book. That makes holding crypto costly.
Bank view: cost too high means banks will not touch crypto, will not bank crypto firms, will not custody, will not issue token dollar. If banks step back, risk does not vanish. It moves to off shore books with less watch.
Crypto view: mixed. Some want banks out so DeFi keeps edge. Most pros want banks in, as banks bring cash, trust, and mass user path.
What pause would do: give time to sort risky coin versus less risky coin, tokenized bill versus pure volatile coin, and set fair capital based on real risk.
Trader play: if pause wins, US big banks can roll out custody and token dollar with less fear of fine in 2026. That adds slow but huge bid via ETF and fund rails.
If no pause, banks will keep fee high and scope small, and flow stays in crypto pure firms.
Watch Basel reply in late Aug and early Sep. That reply will shape Q1 2026 bank offer.
#BaselDelay #BankBid

PHISH SCAM SURGE: TWELVE MILLION LOST IN ONE MONTH AS FAKE LINKS SPREAD
Fresh data shows scam loss via fake links jumped hard this month. More than twelve million dollars was lost to phish tricks, with over fifteen thousand users hit. That is up more than seventy percent from last month.
How scam works: you get fake mail or chat that looks like your wallet or your app. You tap link, you sign, you lose. One sign can drain all.
Why spike now: price chop makes users chase aid, fake help desks grow, and AI made fake sites look real.
Top traps: fake aid claims, fake fund recovery, fake chain upgrade notes, fake law notes that say your funds are locked.
Trader shield:
One, never tap link from chat. Go via app.
Two, use fresh wallet for risky taps. Keep big bag in cold vault that never signs unknown sites.
Three, set limit on token approval. Revoke old approvals each week.
Four, check URL letter by letter. One letter swap is enough to steal.
If you see loss, cut net, move rest fast to new vault, and log case with your custody crew. Speed saves rest.
Scam loss is up, but shield is simple: slow down, verify, never sign blind.
#PhishShield #StaySafe

STUCK TAPE: WHY BTC CHOP HOLDS AS ETF BID MEETS OLD WHALE ASK
Price looks stuck. That is not weak hands. That is two big flows that cancel.
On one side, ETF and fund bid. Spot funds have pulled in fresh cash for months. New buyers use ETF as easy way to get BTC without self custody. That bid is steady and buys dips. Data shows inflow days still beat outflow days in most weeks, and when CPI hit, outflow was eighty one million, not huge versus prior inflow months.
On other side, old whales and long hold groups sell tops. On chain shows coins that sat for over one year moving to trade desks when price tops prior high. They sell into strength and lock gain. That ask caps rally.
So tape chops in box: bid lifts low, ask caps high.
Why this box matters for pro trader:
One, funding stays low. In stuck tape, perp funding hovers near zero. That means long cost is low. Good for spot hold, bad for lev chase.
Two, vol crush. Implied vol drops when spot stays in box. Options sellers win, buyers lose unless they time break.
Three, alt bleed. When BTC chops, cash goes to BTC, not alts. Alts lose BTC pair. You saw that in recent red day where alts fell more than BTC.
Four, liq hunt. In box, price loves to tap both sides to take stops. Long stops below low get hit, then short stops above high get hit. That is why mid box trades bleed.
How to play box:
For spot: buy low edge of box with small size, sell high edge with same size. Keep core long that you never touch. Do not sell core in chop. Core is for trend.
For lev: wait for break with proof. Break proof is close above box high plus ETF inflow over one hundred million plus spot vol jump plus funding flip to high. If you have all four, chase has edge. If not, chase is trap. Most traders chase first poke and get rekt on fake out.
For risk: set stop just below low edge of box, not in middle. Mid box stops get hunted. Use time stop too: if trade does not move in your way in two days, cut.
For cash: keep thirty percent cash in chop. Cash is a tool, not idle. It lets you buy panic wick that comes when ETF flow flips red for a day.
What ends box:
Box ends when one flow wins. If ETF inflow doubles and old whale ask fades, price rips up and alt season can start. If ETF flow flips to three red days in row and macro yield jumps, price breaks down to flush old longs and then finds base near next on chain cost level.
Key levels to watch without chart:
ETF net flow each day at US close, coin age flow for one year plus coins, funding and open interest on top perps, and dollar index plus ten year yield.
When all four line up up, box ends up. When all four line down, box ends down.
Last note: stuck tape wears mind more than wallet. Most loss in chop comes from over trade, not from trend. Cut trade count, keep size small, wait for clear edge. Journal each trade, note why you took it, and review at week end.
Chop is not forever. It is fuel for next big leg. Pro traders use chop to stack cheap, not to chase green. Patience pays when break comes.
#StuckTape #ETFvsWhale

6. BNY MELLON FLIPS THE SWITCH: USDC CUSTODY PLUS MINT AND BURN IS LIVE NOW
Oldest US bank just moved from plan to live. On June 29 2026 BNY Mellon said it added USDC as first coin on its Digital Asset Custody platform. By end of July it went live. On August 12 today, its big clients can hold USDC, move it, and tell Circle via BNY to mint new USDC from dollars and burn USDC back to dollars.
Why live now matters: BNY already guards most of cash that backs USDC, a seventy four billion dollar token. Now same bank lets clients do full loop inside bank rails.
Loop is simple: client holds dollars in BNY, asks BNY to mint USDC, gets token on Ethereum or Solana, uses token for pay or trade, then burns back to dollars in same custody account. No need to wire out to a crypto firm for mint.
Trader read: this is cash leg upgrade. Old pain was weekend gap. Banks closed, crypto ran. Now big funds can swap cash to token cash inside custody at bank hours and soon near 24/7 as BNY pushes more steps.
For flow, watch bank mint data. When BNY clients mint big, it means TradFi cash is moving on chain. That often leads bid in majors within days.
Risk is low as this is custody, not bank coin. But key is fees and cut off times. If BNY keeps fees low and window wide, more funds will keep cash on chain.
Big picture: banks are not launching own coin to fight USDC. They are adding USDC as rail and earning fee as gate.
#BNYlive #USDCrails

📰 Gate Plaza Daily | August 12
There is so much market information—what is truly worth paying attention to? 👀
Today’s hot topics, market changes, and market trends—all in one image for a quick overview 📊
After reading the news, what matters more is determining the next step—
What opportunities are emerging?
Which hot topic may continue to gain momentum?
👇 Come to Gate Plaza to see how everyone is assessing the market, and share your own market views.

#NFPShockSpikesRateCutOdds
The latest NFP shock has put the U.S. labor market back at the center of the market conversation, and traders are now paying much closer attention to the possibility of future rate cuts.
Employment data matters because the Federal Reserve has to balance two major risks: inflation that remains too strong and an economy that may be losing momentum. When hiring slows more than expected, wage pressures weaken, or unemployment moves higher, markets can begin pricing in a greater probability of monetary easing.
That is why a weaker-than-expected jobs report can have an immediate impact across financial markets.
Treasury yields may fall as traders increase expectations for lower interest rates. The U.S. dollar can come under pressure, while risk assets such as technology stocks and cryptocurrencies may benefit from easier financial conditions.
But one report does not automatically determine the Fed's next decision.
Markets will also watch inflation data, wage growth, unemployment, consumer spending, GDP growth, jobless claims, and upcoming employment reports. The Fed has repeatedly emphasized that monetary policy depends on the totality of incoming economic evidence.
For traders, the important lesson is to avoid reacting emotionally to a single headline.
A large move immediately after NFP can create both opportunities and risks. Liquidity can change quickly, spreads can widen, and leveraged positions can be liquidated when volatility suddenly increases.
This is especially important in crypto markets, where leverage can amplify both gains and losses.
If rate-cut expectations continue to rise, the market narrative could shift toward easier monetary conditions. But if inflation remains stubborn or other economic data shows resilience, those expectations can reverse just as quickly.
The biggest question is no longer simply whether the Fed will cut rates. The market is trying to determine when cuts could happen, how aggressive they might be, and whether weaker employment represents a temporary slowdown or the beginning of a broader economic deterioration.
That uncertainty creates volatility.
Smart traders focus on the data, manage risk, and avoid turning speculation into certainty.
The NFP report may have changed the rate-cut conversation, but the next wave of economic data will determine whether this move becomes a lasting trend or simply another market reaction.
Stay alert. Follow the data. Manage leverage carefully.

#KIMIPreIPOsNowOpen #KIMIPreIPOsNowOpen Gate Pre-IPO Phase 3: Moonshot AI ($KIMI) Opens a New Investment Window
Gate has opened Phase 3 of its Pre-IPO subscription, featuring Moonshot AI ($KIMI)—giving users an opportunity to participate in one of the most closely watched AI companies entering the public-market pipeline.
🚀 Moonshot AI ($KIMI): The Opportunity
Moonshot AI is an AI-focused company best known for its Kimi AI platform. With artificial intelligence rapidly becoming one of the most competitive technology sectors, the company’s potential public-market debut has attracted significant attention.
Gate’s Phase 3 subscription provides users with access to a structured pre-IPO opportunity before the subscription window closes.
Key Subscription Details
- Reference subscription price: $105–$115 per share
- Payment options: USDT or GUSD
- Earlier subscription: Higher allocation weight
- GUSD benefit: 3.8% flexible U.S. Treasury yield
- Redemption fee: 0
- VIP users: Eligible for additional airdrops
- Deadline: August 13, 2026, 15:00 (UTC+8)
⏰ Timing Could Matter
One of the most important details is the allocation mechanism: earlier subscriptions receive a higher allocation weight.
That means waiting until the final hours may reduce the potential allocation compared with subscribing earlier, subject to Gate’s final allocation rules.
For users already watching the AI sector, this makes the subscription deadline particularly important.
💰 USDT or GUSD?
Gate supports subscriptions using USDT or GUSD, giving users flexibility in how they participate.
For users choosing GUSD, Gate states that the subscription can also provide access to a 3.8% flexible U.S. Treasury yield with no redemption fees, while eligible VIP users may receive additional airdrops.
This combination makes the offering more than simply an IPO-access opportunity—it also introduces an additional yield component for eligible users.
🔥 Why $KIMI Is Worth Watching
The AI industry continues to attract enormous capital, talent, and investor attention. Companies developing advanced AI models and consumer-facing AI products are competing in a rapidly evolving market.
Moonshot AI’s Kimi ecosystem places the company directly within this broader AI race.
However, investors should remember that pre-IPO participation is not the same as guaranteed profit. The reference subscription price does not guarantee the eventual market price, and allocation is not necessarily guaranteed.
📌 The Final Countdown
The subscription deadline is:
August 13, 2026 — 15:00 (UTC+8)
With earlier subscriptions receiving higher allocation weight, users interested in participating should review the official terms and subscription details before the deadline.
Subscribe: https://www.gate.com/ipos/34
More details: https://www.gate.com/announcements/article/101035
Final Take
Gate Pre-IPO Phase 3 brings Moonshot AI ($KIMI) into the spotlight at a time when AI remains one of the biggest themes in technology and investing.
The combination of an AI-focused company, early subscription allocation weighting, USDT/GUSD payment support, and additional GUSD yield benefits makes this a campaign worth watching closely.
But as always: understand the allocation rules, risks, and terms before subscribing.

#GateLaunchpool141MDOS Gate Launchpool Issue 370: Earn 1,410,000 DOS by Staking GUSD, USDT or DOS
The crypto market continues to evolve beyond simple buying and selling. Today, users can access opportunities designed around staking, yield generation, and token rewards—and Gate Launchpool Issue 370 is bringing another high-yield campaign into focus.
This new Launchpool event gives users the opportunity to stake GUSD, USDT, or DOS and earn rewards from a total pool of 1,410,000 DOS.
With an estimated annualized yield of up to 245.07%, hourly reward distribution, and additional benefits for GUSD participants, Gate’s latest Launchpool campaign is attracting attention from yield-focused crypto users.
🚀 What Is Gate Launchpool Issue 370?
Gate Launchpool Issue 370 is a staking-based rewards campaign centered around DOS.
Participants can stake eligible assets and receive DOS rewards from the campaign’s reward pool. Instead of purchasing DOS directly on the market, users can participate through staking and potentially accumulate DOS rewards throughout the campaign period.
The campaign supports three staking assets:
- GUSD
- USDT
- DOS
The total reward pool is:
💰 1,410,000 DOS
This creates an opportunity for users who already hold supported assets to put their capital to work while participating in the DOS ecosystem.
🔥 Up to 245.07% Estimated Annualized Yield
One of the most eye-catching elements of Issue 370 is the advertised estimated annualized yield of up to 245.07%.
A triple-digit annualized figure naturally attracts attention, but it is important to understand what an annualized yield represents.
An estimated annualized yield is generally a projection based on the current reward rate and other campaign conditions. It does not mean users are guaranteed to receive 245.07% over a full year.
The actual return can change depending on factors such as:
- Participation levels
- Amount staked
- Reward distribution
- Token price movements
- Campaign conditions
- The duration of participation
Therefore, users should treat the advertised APY as an estimated figure rather than a guaranteed return.
⚡ Hourly Earnings Make the Campaign More Dynamic
Another important feature of Gate Launchpool Issue 370 is that earnings are credited automatically every hour.
Hourly reward crediting provides greater visibility into accumulated rewards and allows participants to track their progress throughout the campaign.
Instead of waiting until the end of the event to see rewards, users can monitor their earnings during the campaign.
For active yield seekers, this can make the Launchpool experience more transparent and easier to follow.
💵 Stake GUSD and Unlock an Additional Yield Benefit
The GUSD staking option is particularly interesting.
Gate states that users who stake GUSD can enjoy a 3.8% flexible U.S. Treasury yield with 0-fee redemption.
This adds another layer to the campaign.
Users participating through GUSD may therefore have access to both the Launchpool reward mechanism and the stated GUSD yield benefit, subject to the applicable terms and conditions.
The flexibility is also important. A zero-fee redemption structure can make the product more convenient for users who want access to their funds without paying a redemption fee.
However, users should always review the latest official terms to understand eligibility, yield calculation, redemption conditions, and any applicable limitations.
📅 Campaign Timeline
Gate Launchpool Issue 370 runs during the following period:
August 10, 2026, 19:00 — August 24, 2026, 19:00 (UTC+8)
That gives participants a defined window in which they can join the campaign and earn DOS rewards.
Because Launchpool rewards can vary with participation and staking levels, entering earlier may allow users to participate for a longer portion of the campaign.
Still, users should make decisions based on their own strategy rather than rushing simply because the campaign has a limited duration.
🪙 Why DOS Is Getting Attention
The reward token for this Launchpool campaign is DOS.
Launchpool campaigns can help introduce tokens to a broader crypto audience by allowing users to earn rewards through staking rather than requiring them to purchase the token outright.
For DOS, the Launchpool provides an additional mechanism for distribution and community participation.
But earning a token and its market value are two different things.
Even if users accumulate DOS rewards successfully, the token price can move up or down after receiving those rewards. Therefore, the potential value of earned DOS depends on market conditions.
This is one of the most important points for anyone considering a high-APY campaign.
📊 Three Ways to Participate
Gate provides three eligible staking assets for Issue 370:
1. GUSD
GUSD users can participate while also accessing the stated 3.8% flexible U.S. Treasury yield with 0-fee redemption.
This may appeal to users looking for a stablecoin-based participation route.
2. USDT
USDT holders can use their existing stablecoin balance to participate in the DOS Launchpool without needing to convert into DOS beforehand.
This provides a straightforward route for stablecoin-focused users.
3. DOS
Users who already hold DOS can also stake the token and participate in the reward campaign.
This gives existing DOS holders another potential way to generate additional DOS rewards.
The best option ultimately depends on each participant’s portfolio, risk tolerance, and the specific terms shown by Gate at the time of staking.
🎯 Why the 245.07% Figure Is Important—and Risky
A 245.07% estimated annualized yield is extremely high compared with conventional yield products.
That high figure can be attractive, but it should also encourage users to examine the campaign carefully.
High projected yields often come with conditions, variable rates, token-price exposure, or limited campaign durations.
For example, if DOS experiences significant price volatility, the market value of the rewards received could decline even if the number of DOS tokens earned continues increasing.
This creates an important distinction:
More tokens do not automatically mean more profit.
Successful participation should therefore be evaluated in terms of both the number of tokens earned and their potential market value.
🧠 A Smarter Approach to Launchpool Participation
Before staking, users should consider several questions.
How much capital am I comfortable locking or allocating?
Never stake funds that may be needed for short-term expenses.
Which staking asset makes the most sense for my strategy?
GUSD, USDT, and DOS have different characteristics and risks.
How long do I intend to participate?
The campaign runs until August 24, so users should understand the campaign's staking and redemption mechanics.
What happens if DOS falls in price?
Reward calculations and token prices are separate issues. A high reward rate cannot eliminate market risk.
Have I reviewed the official rules?
This is especially important for understanding eligibility, reward calculations, staking limits, and redemption conditions.
🌐 Why Launchpool Campaigns Matter
Launchpool has become an important mechanism within the crypto ecosystem because it connects token distribution with user participation.
Rather than relying exclusively on traditional token sales, projects can use staking campaigns to encourage community engagement.
For users, Launchpool can provide an alternative way to discover emerging tokens and potentially earn rewards.
For projects, it can help expand awareness and distribute tokens across a broader user base.
Gate’s Issue 370 continues this model by combining DOS rewards with established assets such as GUSD and USDT.
⏰ Don't Miss the Campaign Window
The Issue 370 campaign is already active, running from August 10 at 19:00 UTC+8 through August 24 at 19:00 UTC+8.
The headline numbers are certainly significant:
1,410,000 DOS reward pool
Up to 245.07% estimated annualized yield
Hourly automatic earnings
GUSD 3.8% flexible U.S. Treasury yield
0-fee GUSD redemption
These features make Gate Launchpool Issue 370 an interesting campaign for users exploring crypto yield opportunities.
But high potential rewards should always be balanced against risk. The estimated yield can change, token prices can fluctuate, and actual results depend on the campaign's conditions and each user's participation.
🚀 Final Thoughts
Gate Launchpool Issue 370 brings together DOS rewards, stablecoin staking, hourly earnings, and a high estimated annualized yield in one campaign.
For users holding GUSD or USDT, the campaign offers a way to potentially earn DOS without simply buying the token on the open market. Meanwhile, DOS holders can participate directly through DOS staking.
The additional GUSD benefit—3.8% flexible U.S. Treasury yield with 0-fee redemption—adds another dimension to the campaign.
Still, the most important word in the advertised 245.07% APY is estimated. Crypto markets remain volatile, and reward rates and token values can change.
The strongest strategy is not simply chasing the highest number—it is understanding the mechanics, assessing the risks, and deciding whether the opportunity fits your own portfolio.
Campaign: August 10, 2026, 19:00 – August 24, 2026, 19:00 (UTC+8)
Reward Pool: 1,410,000 DOS
Eligible Assets: GUSD, USDT, DOS
Estimated Annualized Yield: Up to 245.07%
Rewards: Credited automatically every hour
GUSD Benefit: 3.8% flexible U.S. Treasury yield with 0-fee redemption
👉 Stake now: https://www.gate.com/launchpool/533
👉 Official announcement: https://www.gate.com/announcements/article/101067
This article is for informational purposes only and is not financial advice. Users should review the official campaign terms and assess the risks before participating.