The SOON Foundation announced the first batch of airdrop details for the Hyperliquid copy trading platform simpfor.fun.
On August 28th, SOON Foundation announced the first batch of airdrop rules for the Hyperliquid copy-trading platform simpfor.fun, with an expected distribution of 1,500,000 $SOON tokens.
A whale deposited $5.72 million into Hyperliquid and bought $3.94 million worth of HYPE
according to Onchain Lens monitoring, the whale qianbaidu.eth deposited $5.72 million into Hyperliquid, bought 81,572.11 HYPE tokens for $3.94 million, still holding $1.787 million USDC, and holding open orders for HYPE at a price of $48.20.
In the past 30 hours, 78,891 ETH may have been received by Bitmine's 4 new addresses
in the past 30 hours, 4 new wallets (possibly related to Bitmine) have received 78,891 ETH (worth approximately $358.16 million).
Data: Over 100 investors in YZY tokens lost between $100,000 and $1 million, while only 11 wallets saw profits exceeding $1 million.
August 28th Midday Update: Key Developments at a Glance
7:00-12:00 Keywords: US SEC, Yellen, Goldman Sachs
South Korea's central bank governor: In dialogue with finance minister and regulators on stablecoins
Lee Chang-yong, the Governor of the Bank of Korea, stated that he has started a dialogue with the Minister of Finance and regulatory agencies on the issue of stablecoins.
Former U.S. Treasury Secretary Yellen: Firing Cook is illegal and dangerous, and the U.S. credibility could collapse
former US Treasury Secretary Yellen wrote in response to the controversy caused by Trump's dismissal of Federal Reserve Board member Powell: Trump claimed to "dismiss" Powell with "just cause", this move is not only illegal, but also extremely dangerous. This is a direct attempt to politicize the Federal Reserve, it is intimidation of its leadership, and an attempt to force monetary policy to conform to the will of the president. This move could end the independence of the Federal Reserve - and what will follow is the collapse of the credibility of US monetary policy at home and abroad. Yellen called on Congress to defend the independence of the Federal Reserve, the courts must reject this illegal abuse of power, and the financial sector must also speak out against this direct attack on the credibility of the US dollar.
Bitplanet announces launch of $40 million Bitcoin vault project
Paul Lee, co-founder and managing partner of Lobo Ventures, announced at the 2025 Asian Bitcoin Conference that Bitplanet plans to establish a company specifically for holding Bitcoin in custody, and will invest $40 million in Bitcoin acquisitions.
Goldman Sachs holds $721 million worth of Ethereum ETF, making it the largest institutional holder
according to the 13F filing, Goldman Sachs holds $721 million worth of Ethereum ETF, making it the largest institutional holder, followed by Jane Street (holding $190 million) and Millennium (holding $186 million).
Two XPL shorting addresses deposited a total of 73 million USDC into Hyperliquid to avoid liquidation
according to Lookonchain monitoring, XPL short sellers are depositing a large amount of USDC into Hyperliquid to avoid liquidation, including:
Summer Capital and Avenir Group jointly launch the new SOL treasury company "Solana Co."
On August 27th, according to Theinformation, the new SOL Treasury company "Solana Co" was jointly launched by Pantera Capital, Summer Capital, and Avenir Group, two strategic partners in Asia. Summer Capital was founded in 2017 and is one of the earliest licensed financial institutions in Asia to participate in the digital asset investment track. Its investment portfolio includes Hashkey, Immutable, Upbit, Animoca, etc. Avenir Group, founded by Mr. Li Lin, is a cutting-edge investment group with a global vision, focusing on investments in financial innovation and cutting-edge technology fields. Yesterday's news, Pantera Capital is raising $1.25 billion to acquire a listed company and transform it into the SOL Treasury company.
Crypto asset outflows reached $1.4 billion last week, the largest since March
according to *Walter Bloomberg, the outflow of funds from cryptocurrency assets reached $1.4 billion last week, the largest scale since March.
Pump.fun surpassed AxiomPro in revenue on the 7th and returned to the top of Solana, reaching $11.26 million
according to SolanaFloor monitoring, Pump.fun's revenue on the 7th surpassed AxiomPro to return to the top of Solana, reaching 11.26 million US dollars.
DOLO surged by over 40% in a short period of time due to its listing on Binance spot trading.
On August 27th, according to market data, influenced by the launch of Binance spot trading, DOLO surged over 40% in the short term, now priced at $0.307, with a 14% increase from the announcement by Binance.
EU proposes to remove all tariffs on U.S. industrial goods to meet Trump's demands
according to Watcher.Guru, the European Union has proposed to eliminate all tariffs on American industrial products to meet President Trump's demands.
A Bitcoin trader who has held Bitcoin for 12 years deposited 750 BTC into Binance
according to The Data Nerd, within 1 hour, a trader who has held Bitcoin for 12 years deposited 750 BTC (worth about $83.11 million) into Binance. The entry cost 12 years ago was only about $122, and the realized profit from the 750 BTC this time is about $83 million, with an investment return of 907 times.
Over 100 cryptocurrency institutions call on lawmakers to protect software developers when considering regulatory proposals for the digital asset industry.
according to The Block, many cryptocurrency companies including Coinbase, Paxos, and Uniswap Labs are urging the leadership of the Senate committee to include adjustment clauses in market structure-related legislation. Over the past year, members of the U.S. House of Representatives and Senate have been pushing for legislation aimed at comprehensive regulation of the cryptocurrency industry. Stakeholders say that if the necessary protective measures are not implemented, they cannot support this market structure bill.
CAMP is now available on Kraken
according to Kraken's announcement, CAMP has been listed on Kraken. CAMP is an L1 layer network designed for intellectual property and artificial intelligence workflows, supported by @campnetworkxyz.
A whale address shorted XPL with 2x leverage and WLFI with 3x leverage.
according to Lookonchain monitoring, a whale address 0x54d7 shorted XPL with 2x leverage and shorted WLFI with 3x leverage, resulting in losses exceeding $1.4 million.
2,760,957 SOL transferred from unknown wallet to Binance
according to Whale Alert monitoring, at 17:11, 2,760,957 SOL coins (worth $563,252,000) were transferred from an unknown wallet to the Binance exchange.