August 27th Midday Update: Key Developments at a Glance

A trader's XPL short position was completely liquidated, resulting in a loss of $4.59 million

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Aave's net treasury value hit a record high, with a year-on-year increase of 130%.

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A whale bought 117.5 BTC through a revolving loan

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Hut 8 will develop four new sites with a total installed capacity of more than 1.5 GW

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CI Global Launches CI Solana Fund and CCCX Exchange-Traded Fund

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BTC falls below $110,000

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A wallet sold $40.26 million of HYPE and opened a long position on ETH with 15x leverage.

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Bloomberg: Trump's firing of Cook could pave the way for a "massive" Fed shakeup

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VersaBank USA Launches Tokenized Deposit Pilot Program in the US

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Morgan Stanley expects the Fed to start cutting interest rates in September

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MGBX will launch FET, VIRTUAL, DEXE, and ATH spot trading

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Nano Labs CEO Kong Jianping increases his holdings in the company by 480,000 shares

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Bitwise Submits Chainlink ETF Application to US SEC

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European Commission spokesman: We have the sovereign right to regulate digital services

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State Council: Strengthening the coordination of intelligent computing power to support innovation in artificial intelligence chips and foster the development of an enabling software ecosystem

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