August 29th Midday Update: Key Developments at a Glance

7:00-12:00 Keywords: CalPERS, Eliza Labs, DeFi Development

1. X company under Musk's control was sued for anti-monopoly by Eliza Labs;

2. Bloomberg: Coinbase is quickly becoming the preferred lender for Bitcoin mining companies;

3. Summary of the 219th meeting of the Ethereum Core Developers' Meeting (ACDE);

4. DeFi Development Corp. increased its holdings of 407,247 SOL tokens, worth $77 million;

5. CalPERS, the California retirement fund, bought $18.5 million worth of Strategy stock in the second quarter;

6. Federal Reserve Governor Waller: The speed of rate cuts is not predetermined, we know we are moving towards a neutral interest rate;

7. Galaxy Research: Apart from BTC and ETH, there are currently 10 tokens that meet the ETF fast listing standards.

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