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

• dailycryptonews.net
• https://twitter.com/DCNDailyCrypto

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