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Aug 15: OKX Burns Billons to an ATH While Coinbase Makes Massive Deribit Buy
TODAY'S HEADLINES
- Coinbase Acquires Deribit — $2.9B cash-and-stock deal for the world’s #1 crypto options exchange by volume and open interest.
- US Treasury Secretary Flip-Flop on Bitcoin — Scott Bessent walks back comments, says department is exploring “budget-neutral” ways to buy BTC after initially claiming the US wouldn’t buy.
- Axie Infinity Returns to Ethereum — Ronin chain pivoting to an ETH L2 to become Ethereum’s gaming chain.
- Tether Mints $1B USDT — Stablecoins flood Binance with $1.82B inflow in hours, signaling potential buying activity.
- OKX Burns $26B in OKB Tokens — Supply cut from 300M to 21M, sparking debate over token float and market perception.
LittleBitz
- 10 Years of Etherscan, Props to blockchain scanners
- Pump.fun dev pleads guilty to stealing $2m
- CamiInThatThang leaves Berachain
WHERE TO FIND DCN
EMAIL or FOLLOW the Host
Email: kyle@dailycryptonews.net
*****
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https://magic.link
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!
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Published on 1 week, 4 days ago