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📢 Gate Daily|August 8
1. The Gate Points Program & WLFI USD1 will launch soon
2. SEC and Ripple officially conclude their 4-year legal battle, the first-instance ruling confirmed.
3. Trump nominates pro-crypto official Stephen Moore for the position of governor of the Federal Reserve System
4. $374M liquidated on the market in the last 24 hours, mainly short positions
5. Bitcoin reached $117,000 this morning; Ethereum surpassed $3,900.
6. OpenAI launches the GPT-5 model for programming and writing.