Cointime August 4 News Express

1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

2.Kamino: $13.5 million worth of KMNO token rewards will be distributed in mid-August

3.USDT's weekly transaction volume on the EVM chain exceeded 18 million times, setting a new annual high

4.The total locked value of Ethereum Layer2 network is 38.64 billion US dollars, down 10.38% on the 7th

5.US spot Bitcoin ETF sees largest single-day outflow in 90 days

6.Bank of America: Expect the Fed to cut interest rates by 25 basis points at its September meeting

7.Galaxy Research: The vast majority of Bitcoin Layer 2 networks will not survive

8.More than 16,000 BTC flowed out of Kraken in the past 7 days

9.BRICS countries plan to create an independent digital payment platform

10.MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin