Former President Trump hosted a dinner with TRUMP Token holders, where TRON founder Justin Sun thanked the Trump administration for supporting the development of the encryption industry. He stated that 100 days ago the government was pursuing crypto individuals, but now they can hold grand events in Washington. This move allows all industry practitioners to gather in the U.S. to collectively build the encryption industry, and he himself has become an example.

On August 16, Jinshi Data News, Omdia's latest forecast shows that by 2028, data center (DC) storage revenue will rise to $103 billion, reflecting strong growth in storage and average selling price (ASP) pump. The forecast includes external storage revenue from DC expansions of arrays and servers.

MakerDAO proposes to reduce the WBTC collateral size to limit the risks associated with changes in WBTC custody rights. The WBTC collateral in the core vault and SparkLend will be dropped to 0, and the WBTC LTV will drop from 74% to 0%.

Metaverse and AI technology company Futureverse has announced that it has acquired digital collectibles platform Candy Digital for an undisclosed amount, a deal that gives Futureverse access to the latter's vast portfolio of blue-chip brands, including Major League Baseball, Netflix and DC Comics. （Decrypt）

Gate.io News bot, according to on-chain data, 5 suspected associated wallet addresses spent $4.28 million in USDT and WETH to buy 61.105 billion PEPE tokens. These Wallets received funds from Tornado 15 days ago and are associated with fraudulent activities. The related wallet addresses include 0x5d058264e34e27ee1b4f852216dc4afc7c320e25 and 0xf9effa7d38a9aa9e5ecc725666c6bf04014431ad.

Tether CEO Paolo Ardoino reiterated at the DC Fintech Week conference that USDT is secure and stated that the company is enhancing transparency and communication. Ardoino added that Tether holds more US Treasury bonds, is diversifying the decision-making power of selling US Treasury bonds, and is seeking new buyers for hundreds of millions of US Treasury bonds.

Gate.io News bot message, according to data from Nansen, an early Ethereum whale address (0x3530210047414414622f66d8e76dc65efa4714c9) sold 9,514 ETH for the first time after holding for 10 years, with a transaction amount of 14.04 million USDC. The wallet currently holds 29,066 ETH, worth approximately 44.33 million USD.

Fed Governor Michelle Bowman is urging state and federal partnerships to regulate stablecoins while lawmakers work on bills. Asked Wednesday at the Digital Chamber's DC Blockchain summit what role the states and the federal government should play in addressing stablecoin issues, Bowman said states are more open to discussions about expansion in this area, "The important thing for me is to build partnerships." "U.S. coins come with risks such as bank runs, which may require us to provide protections for the dollar," Bowman said. So from the Fed's perspective, it's important that we have the ability to engage and negotiate any framework that ultimately emerges, whether it's the current bill or other frameworks that emerge with the development of stablecoins in the U.S., the Fed should have a seat at the table in the negotiation process. ”

Odaily Planet Daily News According to Certik Alert monitoring, the ETH contract 0x9A79f4105A4e1A050Ba0b42F25351D394fA7E1DC has experienced abnormal fund transfers, with the receiving Address 0x3ac96134fb0e42a52d33045aee50b89790f05ed0 receiving approximately 49.5 million US dollars and is currently exchanging the funds for Stable Coin Dai. The specific details are that account 0xc49b5e5b9da66b9126c1a62e9761e6b2147de3e1 was invaded and granted Address 0x8e9b the authority to withdraw all funds. The attacker has exchanged all funds for 17,696 ETH (worth 49 million US dollars). Community feedback is

Golden Finance reported that according to CertiKAlert warning, an unverified Smart Contract (Address: 0x9A7...E1DC) on the Ethereum network has detected suspicious fund transfers. The receiving Wallet (Address: 0x3ac...5ed0) has received approximately $49.5 million and is currently converting these funds into DAI stablecoins.

Meme coin CULT has been released online. You need to complete the test before you can claim the Token. Previously, Remilia Collective has raised $20 million worth of ETH for the presale of this Token, and the seven-day plan was sold out within 6 hours.

Odaily Planet Daily News According to MistTrack monitoring, the CoinStats attackers once again transferred funds to a new address. They sent 261.2131 ETH to the address 0xe0994ed541e6e6dc053fd9eb03a32f3d9a9876c6. A few days ago, the CoinStats attackers transferred 1 ETH to Tornado Cash.

Jinse Finance reported that U.S. Representative French Hill remains optimistic about the encryption market structure bill and Stable Coin legislation being deliberated by the end of 2024. Hill pointed out during a discussion at the Washington DC Fintech Week that these two bills may advance during the 'lame duck period' after the November elections. Furthermore, he emphasized that if they are not passed this year, these bills will become a top priority in 2025. Currently, the House of Representatives has passed the FIT

Tether CEO Paolo Ardoino expects the United States to take the lead in cryptocurrency regulation and believes it is important to have regulations for cryptocurrencies and stable coins to protect end users. He also stated that Tether is buying a large amount of US debt and that stablecoin issuers need to be able to liquidate reserves and repay everyone upon redemption.

MakerDAO proposes WBTC parameter adjustment suggestions to mitigate risks associated with WBTC Collateral in both the Maker protocol's WBTC vaults and SparkLend. The suggestions include halting new loans against WBTC Collateral, dropping the maximum Debt Ceiling (DC) and Loan-to-Value (LTV) ratios for WBTC, which will be voted on. Existing loan positions are unaffected.