MEXC Weekly Industry Insights (August 16 – August 22)
1️⃣ This week, U.S. spot Bitcoin ETFs have seen a total net outflow of $1151.01 million. 2️⃣ This week, U.S. spot Ethereum ETFs have seen a total net inflow of $578.88 million. 3️⃣US SEC Chairman Says Only a Few Crypto Tokens Are Securities. 4️⃣ Wyoming launches its first state-level stablecoin, FRNT, which is now available on seven blockchains, including Solana and Arbitrum. 5️⃣ Japan to approve first yen-denominated stablecoin JPYC. 6️⃣ South Korea's Financial Services Commission plans to submit a stablecoin regulation bill in October. 7️⃣Singapore's DBS Bank Launches Tokenized Structured Notes on Ethereum. 8️⃣Volkswagen Singapore partners with FOMO Pay to support digital currency payments, allowing users to pay for vehicles and services using BTC, ETH, and stablecoins. 9️⃣Hyperliquid has become the company with the highest per capita revenue in the world, with an average annual revenue of US$102.4 million. 🔟 Kanye West Launches Meme Coin YZY on Solana.
MEXC Weekly Industry Insights (August 16 – August 22)
1️⃣ This week, U.S. spot Bitcoin ETFs have seen a total net outflow of $1151.01 million. 2️⃣ This week, U.S. spot Ethereum ETFs have seen a total net inflow of $578.88 million. 3️⃣US SEC Chairman Says Only a Few Crypto Tokens Are Securities. 4️⃣ Wyoming launches its first state-level stablecoin, FRNT, which is now available on seven blockchains, including Solana and Arbitrum. 5️⃣ Japan to approve first yen-denominated stablecoin JPYC. 6️⃣ South Korea's Financial Services Commission plans to submit a stablecoin regulation bill in October. 7️⃣Singapore's DBS Bank Launches Tokenized Structured Notes on Ethereum. 8️⃣Volkswagen Singapore partners with FOMO Pay to support digital currency payments, allowing users to pay for vehicles and services using BTC, ETH, and stablecoins. 9️⃣Hyperliquid has become the company with the highest per capita revenue in the world, with an average annual revenue of US$102.4 million. 🔟 Kanye West Launches Meme Coin YZY on Solana.
That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. The account, "War on Fakes," was created on February 24, the same day Russian President Vladimir Putin announced a "special military operation" and troops began invading Ukraine. The page is rife with disinformation, according to The Atlantic Council's Digital Forensic Research Lab, which studies digital extremism and published a report examining the channel. Individual messages can be fully encrypted. But the user has to turn on that function. It's not automatic, as it is on Signal and WhatsApp. Two days after Russia invaded Ukraine, an account on the Telegram messaging platform posing as President Volodymyr Zelenskiy urged his armed forces to surrender. Also in the latest update is the ability for users to create a unique @username from the Settings page, providing others with an easy way to contact them via Search or their t.me/username link without sharing their phone number.
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