List of important developments on the evening of November 3
12:00-21:00 Keywords: Coinbase, Michael Saylor, Stablecoin
1. This week, the cumulative net inflow of Bitcoin spot ETFs in the United States 2.2202 billion dollars;
2. Michael Saylor: Bitcoin has all the advantages of gold, but none of its drawbacks.
3. Coinbase's chief legal officer has accused the FDIC of taking covert actions to crack down on the crypto industry.
4. The total size of the secured loans in the Tether reserve is US $6.72 billion, fully guaranteed by current assets;
The total market capitalization of stablecoins rose by 0.38% in the past week, approaching the highest level since May 2022.
6. Chen Maobo: The Hong Kong Monetary Authority and Saudi PIF have established a 1 billion US dollar fund to invest in financial technology and other fields;
7. Paxos: It plans to release the first verification report of Singapore's compliance stablecoin USDG in cooperation with DBS Bank this month.