⚡️ News Flash - 16 Aug 2024 !

1️⃣ NASDAQ Withdraws Proposal for Bitcoin Options Trading

The SEC received NASDAQ's withdrawal notice for a rule change to list Bitcoin options on the ISE Exchange. The proposal was withdrawn amid concerns from Better Markets about risks to retail investors.

2️⃣ Donald Trump Selects Howard Lutnick of Cantor Fitzgerald to Head Potential Transition Team

Donald Trump has named Howard Lutnick of Cantor Fitzgerald to co-chair his transition team with Linda McMahon if he wins the presidency. J.D. Vance and Trump's sons will be honorary chairs.

3️⃣ Bitget Wallet Reaches 30 Million Users, Surpassing MetaMask in July App Downloads

Bitget Wallet reached 30 million users and led global app downloads in July 2024, surpassing MetaMask. The wallet saw a 50% growth since March and achieved 1.7 million downloads in July, marking a 140% month-over-month increase.

4️⃣ South Korea’s Public Pension Fund Allocates $34 Million to MicroStrategy

South Korea's National Pension Service (NPS) invested in cryptocurrency-related companies by buying 24,500 shares of MicroStrategy (MSTR) in Q2 2023, at an average price of $1,377.48 per share.

5️⃣ Nigerian Court Freezes $38 Million in Crypto Allegedly Sent to Support Protests

A Nigerian court has frozen nearly $38 million of $50 million in cryptocurrency linked to #EndBadGovernance protests. The Economic and Financial Crimes Commission requested the freeze on four wallets, but one address showed a zero balance.

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