A certain new address deposited 2.59 million USDC and went long on XPL with 1x leverage.

On August 27th, as per the report in Decrypt, the U.S. federal prosecutors have appealed to the Ninth Circuit Court of Appeals in an attempt to secure an increase in the "time served" sentence for Estonian citizens Sergei Potapenko and Ivan Tur?gin in the $577 million HashFlare cryptocurrency Ponzi scheme case. The federal prosecutors have characterized the original sentence as "unusually lenient." These two individuals had previously pleaded guilty to conspiracy. They defrauded 440,000 global victims between 2015 and 2019 by means of false mining contracts, presenting a fabricated "dashboard" of returns, and using the funds to purchase luxury goods and pay early withdrawers. Previously, the judge sentenced them to three years of supervised release and a $25,000 fine each. The judge rejected the prosecutor's request for a 10-year prison term, citing concerns regarding the treatment of foreign defendants in the U.S., including the possibility of "indefinite detention." Legal exp

On August 27th, as per MarketWatch, the subsidiary Valour of the US-listed company DeFi Technologies announced the launch of cryptocurrency ETP products priced in Swedish Krona on the Swedish Spotlight stock market. These products include: Shiba Inu (SHIB), Pi (PI), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA).

On August 27, U.S. Treasury Secretary Yellen stated: We will present 3 to 4 candidates for the position of Federal Reserve Chair to U.S. President Trump. President Trump holds great respect for the Federal Reserve and is currently considering candidates for the Fed Chair, and he will have conversations with them. According to President Trump, the selection of the Fed Chair will "definitely" be made known in the autumn. (FX168)

August 27th. As per The Information, a novel SOL treasury firm named "Solana Co" and led by Pantera Capital is set to launch in collaboration with Summer Capital and Avenir Group, which are two strategic Asian partners. Summer Capital, founded in 2017, is one of the earliest licensed financial institutions in Asia engaged in digital asset investments. Avenir Group, founded by Li Lin, is an emerging investment group concentrating on financial innovation and investments in cutting-edge technology and has operations in the United States, the United Kingdom, Japan, Singapore, and Hong Kong. BlockBeats reported yesterday that the cryptocurrency fund Pantera is aiming to raise up to $1.25 billion to convert a public company into a Solana investment company. Galaxy Digital, Multicoin Capital, and Jump Crypto are engaged in discussions with potential investors to raise approximately $1 billion for a substantial SOL acquisition, making it the largest treasury dedicated to this digital

On August 27th, based on market data, during the pre-market trading in the US stock market, the AI industry benchmark NVIDIA rose by 0.67%, and it will release its financial report after the market closes today. Cryptocurrency stocks all showed a downward trend, including: Coinbase (COIN) down by 0.09%; Circle (CRCL) down by 0.26%; MicroStrategy (MSTR) down by 0.32%; Bullish (BLSH) down by 0.71%; SharpLink Gaming (SBET) down by 1.2%; Bitmine Immersion Technologies (BMNR) down by 4.3%; ETHZilla (ETHZ) down by 0.62%; BTCS (BTCS) down by 0.23%; BNB Network Company (BNC) up by 1.64%.

On August 27th, according to BitcoinTreasuries, the South Korean financial group Mirae Asset, which has a total Assets Under Management (AUM) of $61.4 billion, has raised its holdings in Strategy (MSTR) by 25%. Currently, it holds MSTR shares worth $153 million.