Golden Morning News | Overview of Important Developments Overnight on August 8

[Golden Morning News | Important Overnight Developments Overview on August 8] 21:00-7:00 Keywords: Paxos, Chainlink, Scenius Capital, Stephen Milan

1. Chainlink will use protocol revenue to establish LINK reserves;
2. Trump announced the nomination of Stephen Moore to the Federal Reserve Board;
3. Insider: Waller is a leading candidate for the new chair of the Federal Reserve;
4. Trump signed an executive order to halt the "disconnection of banking services" in the cryptocurrency industry;
5. Paxos reached a settlement agreement of $48.5 million with New York financial regulators;
6. Trump signed an executive order allowing 401(k) retirement plans to invest in cryptocurrency;
7. Scenius Capital raises $20 million for cryptocurrency venture fund;
8. The legal dispute between the SEC and Ripple has officially come to an end, with the ruling that XRP is not a security taking effect.