DB: The 127,271 BTC the US plans to seize are owned by LuBian, from which hackers stole these Bitcoins in 2020. The coins have remained untouched since then. It is unlikely that the US will succeed in confiscating them.

Earlier: The hackers who targeted LuBian have not yet sold the 127,426 BTC.

The U.S. Department of Justice has filed a civil forfeiture action to seize roughly 127,271 Bitcoin, valued at approximately $15 billion, tied to the alleged fraudulent and money laundering activities of Prince Group. The funds were held in unattended cryptocurrency wallets controlled by the defendant. The seized cryptocurrency is now in the custody of the U.S. government.

The U.S. government holds approximately 325,283 Bitcoin, valued at over $37 billion.

Binance Launches $400 Million Together Initiative to Support Users Amid Market Volatility

The top 10 NFT collections by trading volume over the past 30 days.

The US Trade Representative indicated that the decision to implement tariffs starting November 1 will depend on China's subsequent actions.

ZachXBT suggests that the Prince Group wallets may have been compromised by a hacker operating on behalf of the U.S. government, or that the U.S. government itself was directly involved in the incident.

A Republican legislator has introduced the Retirement Investment Choice Act, which seeks to codify a directive from former President Trump. The bill instructs the Department of Labor to allow the inclusion of cryptocurrency and private equity investments in 401(k) retirement plans.

Tether has agreed to pay $299.5 million to Celsius Network as part of a settlement linked to a bankruptcy claim filed against Tether in August 2024. claim

Powell indicates no significant changes to forecasts since September meeting; risks of a labor market slowdown have increased; Federal Reserve may complete balance sheet reduction in upcoming months.

Powell signals that the Federal Reserve has increased flexibility to cut interest rates this year to support the job market, despite a recent rise in inflation.

Powell warns that an overly rapid Fed response could hinder efforts to reduce rising inflation.

Stripe launches support for payments using stablecoins.

A new wallet, possibly associated with Bitmine, has acquired 26,199 ETH worth approximately $108 million via FalconX.

Bitcoin Depot to Deploy Cryptocurrency ATMs Across U.S. Grocery Chains in Partnership with IGA

Trump emphasizes maintaining strong yet cautious ties with China amid occasional tensions.

U.S. President Donald Trump is contemplating the imposition of trade tariffs on Spain, according to sources familiar with his remarks.

Ethereum's Fusaka upgrade has been activated on the Sepolia testnet.

Earlier: The Fusaka hard fork is scheduled for Q4.

Trump examines potential measures to halt trade with China related to edible oil and other commodities.

VanEck revises application for Solana ETF to include staking features, with a 0.30% fee; SOL Strategies to provide staking services and Gemini to serve as custodian.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647