A certain address dumped over 3500 OKB tokens, making a profit of over $500,000, and then bought MNT.

On August 27th, US President Trump (referring to Fed Governor Cook) stated, "We are prepared to engage in a legal battle. It appears that Cook has engaged in improper conduct. We need an individual who is one hundred percent honest and upright." (FXStreet) BlockBeats reported yesterday that US President Trump signed a document to remove Fed Governor Cook from his position with immediate effect. Trump said in the document: "Pursuant to Article II of the US Constitution and the amended Federal Reserve Act of 1913, which grants me the authority, I hereby dismiss Cook from the Board of Governors of the Federal Reserve System. Given Cook's lack of honesty in financial matters and the potential for involvement in criminal activities, I have no confidence in your integrity. At the very least, these actions expose serious negligence in your financial transactions, casting doubt on your ability and credibility as a financial regulator."

On August 27th, U.S. President Trump said, "I have a person in mind to take the place of Fed Chair Powell. We will soon obtain the majority at the Fed. We might transfer Milan to another more long-term Fed position." (FXStreet)

On August 27th, U.S. Commerce Secretary Raimondo announced that the Department of Commerce is about to commence the publication of statistical data related to the blockchain. We are currently in the process of finalizing the details regarding the utilization of the blockchain to publish GDP.

August 27: U.S. Treasury Secretary Yellen stated that the independence of the Fed is established on a political framework, and public trust is the sole element that endows the Fed with its credibility. (Xinhua Finance)

On August 27th, Federal Reserve's Powell stated that, considering his expectation that economic activity will remain relatively stable for the rest of the year, interest rates will experience a moderate adjustment. He said, "I perceive the economy operating in a moderate manner. If the economy operates moderately, it implies that interest rates will also adjust moderately." "I'm not certain whether the economy will truly develop in such a moderate way. We'll have to wait and observe. Therefore, this is my forecast, but forecasts are subject to change." Powell declined to provide details on the action he would be inclined to take in September. "I'm aware that there are three and a half weeks until the next meeting. On that day, based on all the available information, I will make the best judgment possible." (FXStreet)

On August 27th, Justin Sun stated in a recent interview with The Late Point that meme coins are centered around transforming internet attention into money. For instance, issuing a Biden coin at present would not attract any buyers because Biden has not yet completed the transition from being the name of the U.S. president to an IP or a particular type of meme. There exists a substantial gap between coins that anyone can issue and having the issued token be recognized, and one must excel in the internet attention economy in order to become a winner.