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August 11th Overnight Update

21:00-7:00 Keywords: Firefox, LayerZero, Patrick Witt

1. LayerZero Foundation has proposed to acquire Stargate;

2. The US spot Bitcoin ETF saw a net inflow of $253.2 million this week;

3. US Treasury Secretary Benson: expects trade issues to be resolved by the end of October;

4. Patrick Witt is expected to take over as Chairman of the White House Cryptocurrency Committee;

5. US Treasury Secretary Benson: hopes to maintain the US dollar's reserve currency status through policy;

6. Expectations for a Fed rate cut increase, arbitrage traders increase bets on emerging markets;

7. Hackers steal $1 million in cryptocurrency through 150 Firefox extensions.

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