Blockchain Brief – Aug 28

Bitcoin mining expands, Venezuela embraces crypto, and UK adults show growing interest in adding digital assets to retirement plans.
Evening-News
Crypto Pulse - Aug 28

Bitcoin Miner Hut 8 Announces Four New Sites Across The US

Bitcoin miner Hut 8 is expanding the scale of its operations by adding 1.5 gigawatts of capacity via four new facilities set to be launched across Texas, Illinois, and Louisiana.

Venezuela’s Crypto Adoption Surges Amid Inflation And Currency Collapse

Venezuelans are embracing stablecoins as inflation soars and the bolívar loses over 70% of its value. Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small family stores to large retail chains, shops across the country now accept crypto through platforms. Some businesses even use stablecoins to pay employees, while universities have begun offering courses dedicated to digital assets.

One in Four Brits Open to Crypto in Retirement Plans

A new survey shows growing appetite among UK adults to include crypto in their retirement savings, hinting that digital assets may one day compete for a share of the country’s multitrillion-pound pension market. According to UK insurance company Aviva, 27% of adults polled said they were open to having crypto in their retirement portfolios. Of those, just over 40% said the main attraction was the potential for higher returns compared to traditional pension assets. The poll, conducted by Censuswide between June 4 and 6, surveyed 2,000 UK adults.

Lunate Teams Up With Brevan Howard To Launch Digital Asset Funds In UAE

Lunate, UAE based global alternative investment manager with $110 billion in assets under management (AUM), and Brevan Howard, one of the world’s most successful hedge fund managers with AUM of $34 billion, have formed a strategic long-term partnership to establish an investment platform to be domiciled in the Abu Dhabi Global Market, subject to regulatory approval which will include digital asset funds.

Metaplanet Shares Jump 6% on International Stock Sale

Metaplanet, a Japanese listed company, plans to raise ¥130.334 billion ($881 million) through an international share offering. The funds will be used to purchase ¥123.818 billion ($837 million) in Bitcoin between September and October 2025 and allocate ¥6.516 billion ($44 million) for Bitcoin financial operations. As of August 27, 2025, the company holds 18,991 Bitcoins, valued at approximately ¥314.6 billion.

Swedish Company H100 Group Has İncreased Its Position by 46.22 BTC

on August 27, Swedish company H100 Group announced it has increased its Bitcoin holdings by purchasing 46.22 BTC, now owning a total of 957.5 BTC.

BitMine Chairman Tom Lee Makes a Wild Price Prediction for Ethereum

BitMine Chairman Tom Lee, one of the leading figures in the crypto markets, made a very optimistic price prediction for Ethereum (ETH). Lee predicted in a livestream interview that ETH could reach $5,500 in the next few weeks and trade in the $10,000-$12,000 range by the end of the year.

Ethereum Staking Exit Queue Hits Record High of Over $4.6 Billion

Ethereum’s staking system is under mounting pressure as withdrawals outpace new deposits, with the exit queue reaching its highest level. Validator queue data shows that as of Aug. 27, more than 1,023,560 ETH, worth roughly $4.6 billion, had been lined up for withdrawal from staking. By contrast, only 580,637 ETH, valued at about $2.6 billion, is waiting to be added to the network.

⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always do your own research before making decisions. Darkex is not liable for any financial losses.
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