Daily Crypto News
Daily Crypto News
Aug 15: OKX Burns Billons to an ATH While Coinbase Makes Massive Deribit Buy
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Aug 15: OKX Burns Billons to an ATH While Coinbase Makes Massive Deribit Buy

Your Friday dose of whiplash: pumps, dumps, burns, mints, and a gaming chain coming home to ETH. Axie, OKX, Coinbase/Deribit, plus the BeraBaddy Queen departs.

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

*****

Magic Newton Wallet

https://magic.link

Trader Cobb X: @TraderCobb

https://www.thegrowmeco.com/

Editing Services

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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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