1.Altcoins Follow Market Downtrend, RAY Plunges Over 9% in 24 Hours
2.X Layer Network's 24-Hour Trading Volume Drops by 12.86% to $37.348 Million
3.Goldman Sachs Expects the Fed to Cut Interest Rates Three Times This Year
4.South Korea's Financial Regulator to Submit Stablecoin Regulation Bill in October
5.Thailand Introduces Tourist Wallet for Foreign Visitors, Crypto Features Remain in Sandbox Phase
1.《After 1194 Days of Collapse, Pioneer of $40 Billion Stablecoin Meets Its Demise》
From an elite school in Seoul to Stanford, from skyscrapers in Singapore to a run-down prison in Montenegro, Do Kwon's life trajectory resembles a parabola, soaring rapidly, plummeting steeply, and ultimately ending in ruin.
2.《Despite Losing $280 Million in Six Months, Gemini Aims for IPO to Raise Funds and "Pay Off Debt"》
Following in the footsteps of stablecoin issuer Circle and cryptocurrency exchange Bullish, cryptocurrency exchange Gemini is also preparing to go public in the U.S. Gemini recently filed its prospectus and is set to list on the Nasdaq under the ticker symbol "GEMI," with Goldman Sachs and Citigroup serving as lead underwriters.
On-chain Funds Flow on August 18
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