According to data from SoSoValue, Bitcoin spot ETFs experienced a net inflow of $548 million during the trading week of August 11th to August 15th. BlackRock’s IBIT ETF led inflows with $888 million for the week, bringing its total historical net inflows to $58.67 billion. #crypto #blockchain #news #BTC #Bitcoin
OKX’s X Layer sees massive growth! Assets up 103% to $84.89M (new ATH) after OKB burn. X Layer also surpassed Ethereum in transactions (2.05M on Aug 16th) & UOPS surged 1000%+ to 19.23! #XLayer #OKX #L2 #crypto #blockchain #news
LayerZero nearing approval to acquire Stargate for ~$110M! 97.09% of votes are in favor. Stargate DAO will dissolve & STG tokens will be swapped for ZRO (1 STG = 0.08634 ZRO). Voting ends Aug 24th. #LayerZero #Stargate #DeFi #crypto #blockchain #news
Japan’s FSA likely to approve the first yen-pegged stablecoin this fall, issued by Tokyo’s JPYC. Registration as a funds transfer service is expected this month. Aims to simplify international remittances. #stablecoin #Japan #crypto #blockchain #news