Spacecoin (SPACE) is scheduled to unlock about 255.21 million tokens at 20:00 Beijing time on Aug. 23, according to token unlock data from Web3 asset data platform RootData. The unlocked tranche is valued at about $1.27 million based on the figures cited in the update. The item was published by ChainCatcher as a 7x24 news flash. No other details were provided in the source note, which focused only on the timing, token amount, and estimated value of the upcoming unlock.

A dense stream of updates hit crypto and AI markets between Aug. 12 and Aug. 13, spanning venture funding, protocol incidents, regulatory moves, exchange actions and large on-chain transfers. PANews’ roundup included Lovable’s $400 million Series C at a $13.3 billion valuation, Wintermute’s plan to spend about $1 billion over five years on high-frequency trading and AI data center infrastructure, and Tencent’s second-quarter results showing higher capital expenditure tied to AI spending. In digital assets, Harmony said it had traced fraudulently minted tokens across 409 wallets and was considering a rollback, while Solana briefly came close to a network-freeze threshold after a data center routing issue knocked nearly 29% of staked SOL offline. Anchorpoint also began the first phase of distributing its Hong Kong dollar stablecoin HKDAP, and Coinbase said it will suspend 10 perpetual contracts on Aug. 26. Whale activity remained active as well, including an Ethereum ICO participant moving 2,000 ETH to Coinbase, a wallet sending 2,300 BTC to Wintermute-linked deposit addresses since June 25, and a leveraged ETH trader closing out positions for a reported $4.3 million profit. The period also brought new product releases from Grok and DeepSeek, a major SEC no-action letter tied to Franklin Templeton’s BENJI fund, and fresh scrutiny of prediction markets from U.S. regulators and New York City lawmakers.

Crypto prices moved higher on Thursday, with Bitcoin at $62,894.99 and Ethereum at $1,659.05. Smaller tokens posted much larger gains, led by USDR’s 153.1% surge, while DeepNode and Velvet each rose more than 140%.

MEXC has launched Phase 2 of its SPACEX (PRE) Launchpad with a 7 million USDT allocation, a subscription price at roughly 70% of the post-split reference market price, and a 200,000 USDT-equivalent airdrop tied to stock trading activity.

SpaceX filed S-1 for Nasdaq listing under $SPCX, targeting $80B raise with $4.69B Q1 revenue. MEXC distributes 7,700 premarket tokens; subscription closes May 21. OpenAI reportedly picks Goldman & Morgan Stanley for its own IPO as early as September 2026.

Crypto market rally extends: Bitcoin holds $66K, XRP jumps 4.1% to $1.23, Solana gains 4%, Hyperliquid surges 10.4%. Small-cap tokens like Block Street soar 75.6%. TRX and DOGE see slight losses.

HYPE extended its ETF inflow streak to five weeks, while BSB surged after a Binance perpetual listing. JTO, GRASS and SPACE also advanced on MEV, AI data and DePIN catalysts.

MEXC released its May 2026 report: SpaceX Pre-IPO Launchpad hit a record 15.5x oversubscription, US equity futures volume surged 85%, and capital rotated from Meme to RWA and AI infrastructure.