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.
But because group chats and the channel features are not end-to-end encrypted, Galperin said user privacy is potentially under threat. Multiple pro-Kremlin media figures circulated the post's false claims, including prominent Russian journalist Vladimir Soloviev and the state-controlled Russian outlet RT, according to the DFR Lab's report. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted. The next bit isn’t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Fools’ prank. TechCrunch implies that it was a matter of principle, but it’s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. 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.
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