ETH breaks through the $2550 mark

On August 14th, Jin Shi Data reported that Ethan Harris, former chief economist of Bank of America Securities, said that the days when the Federal Reserve was in sync are gone forever. The objections of Waller and Bauman, who were appointed by President Trump in July, to support interest rate cuts have "broken the harmony". This means that no matter what decision the Federal Reserve makes, there will always be opposition. Harris also said, "I expect a heated debate between hawks and doves before the September meeting, casting some uncertainty over the decision to cut interest rates. Hawks will not easily concede. But I believe this month's data will support a 25 basis point rate cut Stephen Ricciuto, Chief Economist of Mizuho Securities, stated that currently, neither hawkish supporters of keeping interest rates unchanged nor dovish supporters of loose policies make up the majority. Most Federal Reserve officials hold a middle ground stance. The focus of debate within the Federal Reserve is whether cutting interest rates to support a weak labor market is meaningful. (Golden Ten)

SpaceX holds 8285 BTC worth over $1 billion According to Arkham data, SpaceX currently holds 8285 bitcoins with a total value exceeding $1 billion. The company first purchased Bitcoin on December 31, 2020 and has maintained its position since completing its final increase on June 10, 2022.

A year ago, a vulnerability caused serious disconnection of aUSD in Acala On August 14, 2022, Acala was hacked due to incorrect configuration of iBTC/aUSD liquidity pool parameters, resulting in over 1.3 billion aUSD being minted incorrectly and causing severe price detachment of aUSD.

South Korean government accelerates cryptocurrency reform, focusing on stablecoin regulation According to Cryptonews, the South Korean government is accelerating cryptocurrency reform, with a focus on regulating stablecoins. President Lee Jae ming has listed "building a digital asset ecosystem" and "developing the domestic cryptocurrency market" as national tasks, and the Presidential Office has announced relevant plans to promote industry development.

Micro strategy holds Bitcoin with a market value of 77.2 billion US dollars According to Golden Finance, Michael Saylor's micro strategy company currently holds a Bitcoin market value of $77.2 billion, reaching a historic high.