Thailand Introduces Tourist Wallet for Foreign Visitors, Cryptocurrency Functionality Still in Sandbox Phase
On August 18th, as reported by CoinDesk, Thailand has initiated the Tourist Wallet for foreign tourists. This wallet is used for QR code payments to convert foreign currency into Thai Baht. However, the cryptocurrency exchange function has been temporarily suspended due to regulatory reviews and is not expected to be available until mid-August.
The Bank of Thailand stated that the purpose of launching the Tourist Wallet is to address a practical issue. Currently, cross-border QR code payments are only available in countries such as Singapore, Malaysia, and upcoming partner countries. Tourists from other countries still encounter inconvenience when making payments in Thailand, and the new wallet aims to address this pain point.
Tourists can top up the wallet in the following ways: using cash at service provider counters, linking a foreign debit or credit card, or through overseas bank transfers. The spending limits are as follows: a maximum of 500,000 Thai Baht (approximately $13,800)
6 minutes ago
Over 650 million USDT and approximately $2.06 billion worth of OKB were transferred to OKEx within 20 minutes.
August 18th. Based on Whale Alert's monitoring, a significant amount of funds was transferred from an unidentified wallet to OKX within the past 20 minutes. This transfer included 652,228,192 USDT and a total of 17,157,570 OKB, which is approximately worth 2.06 billion US dollars.
Previously reported, on August 15th, following the destruction of OKB, the total supply officially decreased to 21 million tokens.
6 minutes ago
After liquidating their long position in ETH and suffering a $6.59 million loss, a certain whale has once again gone long on ETH, with a position now totaling $100 million.
On August 18th, according to ChainInfo, a whale liquidated a long position in ETH and suffered a loss of $6.59 million. Subsequently, the whale continued to take a long position on ETH. Currently, the whale holds a long position of 23,373 ETH, with a notional value of $100 million.
6 minutes ago
Hong Kong SFC's Thomas Atkinson: Beware of Stablecoin Hype, High Risks of Unlicensed Trading Platforms
August 18th. Terence Yeung, the Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, stated that recently, some companies have been manipulating stock prices under the guise of applying for a stablecoin license. Investors are advised to remain rational and be vigilant against related scams.
He disclosed that the division received 265 complaints related to virtual asset trading in the first half of this year, mainly concerning overseas fraud, platform infringement, or fund freezing. He also cautioned about the risks of trading on unlicensed platforms. (FX678)
6 minutes ago
Binance HODLer Airdrop Launches for Plume (PLUME)
August 18th. According to an official announcement, the Binance HODLer Airdrop has now initiated the 32nd project - Plume (PLUME), a blockchain designed for Real World Assets (RWA) and compatible with the EVM. From July 24, 2025, at 08:00 to July 28, 2025, at 07:59 (UTC+8), users who used BNB to subscribe to Yield Farming Coins (fixed-term and/or flexible-term) or on-chain yield farming products will receive an airdrop allocation. The HODLer Airdrop information is expected to become available within 24 hours, and the new tokens will be delivered to users' spot wallets at least 1 hour before trading commences.
Binance will list PLUME on August 18, 2025, at 23:00 (UTC+8) and open trading pairs for USDT, USDC, BNB, FDUSD, and TRY in accordance with the Seed Label Trading Rules. The PLUME deposit channel will open on August 18, 2025, at 19:30 (UTC+8).
6 minutes ago