BetterBank Hacker Returns 550 Million pDAI to Official, Equivalent to Around $2.7 Million

On August 28th, U.S. Treasury Secretary Yellen stated that there are 11 highly capable candidates for the position of the Chairmanship of the Federal Reserve. After Labor Day (which falls on September 1st this year), we will commence the interview process and submit the final list to President Trump.

On August 28th, as monitored by Whale Alert, Cumberland transferred 22,289 ETH to Coinbase Institutional approximately 3 minutes ago, with a value of approximately $103 million.
BlockBeats had previously reported that approximately 3 and a half hours ago, Cumberland transferred 25,200 ETH to Coinbase Institutional, worth about $116 million.

On August 28th, based on the data from LookOnChain, Tether minted an additional 1 billion USDT today, and Circle minted an additional 250 million USDC. In the past month, Tether and Circle have together minted a total of $8.75 billion worth of stablecoins. An increase in on-chain minted stablecoins generally reflects a growing demand for stablecoins and heightened user participation. It is often correlated with bullish sentiment in the crypto market, suggesting that more funds are flowing into the crypto ecosystem.

On August 28th, according to reports from financefeeds (https://www.financefeeds.com), Falconedge, a newly spun-off hedge fund advisory firm from UK hedge fund Falcon Investment Management, has completed its pre-IPO financing. It plans to pursue a bold Bitcoin treasury strategy, allocating almost all the upcoming IPO proceeds to building a Bitcoin treasury. Falconedge CEO Roy Kashi stated, "By making Bitcoin the company's primary reserve asset, Falconedge is betting that BTC will become the cornerstone of institutional finance in the next decade." Falconedge's IPO is expected to take place in September.

On August 28th, based on strategicethreserve data, the following are the treasury companies and institutions with significant changes in Ethereum holdings in the past 30 days: Bitmine Immersion Tech (BMNR) takes the first place, currently holding 1.7 million ETH, with a value of approximately $7.95 billion and a 30-day holding increase of 202.4%; SharpLink Gaming (SBET) ranks second, currently holding 0.7977 million ETH, valued at approximately $3.7 billion and a 30-day holding increase of 121.1%; The Ether Machine (ETHM) comes in third, currently holding 0.3454 million ETH, valued at approximately $1.6 billion and a 30-day holding increase of 8.01%; Ethereum Foundation ranks fourth, holding 0.2316 million ETH, valued at approximately $1.007 billion and a 30-day holding decrease of 2.1%; Bit Digital (BTBT) ranks seventh, holding 0.1203 million ETH, valued at approximately $557.9 million with no change in holdings in the past 30 days; ETHZilla (ETHZ) ranks eighth, holding 0.1022 million

On August 28th, according to market data, Dolomite (DOLO) saw a significant surge after being listed on Binance Spot Trading. It reached a price of $0.297 and is currently trading at $0.268. The current market capitalization is $70 million, and the 24-hour gain has narrowed to 28%. The contract funding rate is currently -0.2%.