1. The US Seizes 127,000 BTC from a Wire Fraud Group. On the evening of October 14th, Beijing time, the US Department of Justice indicted Chen Zhi, founder and chairman of the Cambodia-based transnational fraud ring Prince Group, and other accomplices on charges of wire fraud and money laundering. If convicted of these two counts, the US government will forfeit all property or proceeds directly or indirectly derived from these crimes, including, but not limited to, 127,271 bitcoins (approximately $15 billion). 2. Bitwise: Three Issues Suggest the October 11th Flash Crash Was a Blip, and the Bull Market Will Continue. When I invest in cryptocurrencies, I'm essentially making a multi-year bet on the future of money and finance. I firmly believe that a robust digital currency (Bitcoin) will provide a significant escape route from the continued devaluation of the US dollar and other fiat currencies; stablecoins will revolutionize payments; and tokenization will forever change the way we trade stocks and bonds.
Click to Read3. The New Stablecoin Battleground: Why Are Stablecoin Issuers Flocking to Apply for National Trust Bank Status?
On March 7, 2025, the U.S. Office of the Comptroller of the Currency (OCC) issued a new letter announcing the revocation of Interpretive Letter No. 1179 issued on November 18, 2021, and reiterating that the crypto asset custody, distributed ledger, and stablecoin activities discussed in the previous letter are permissible. In the letter, the OCC confirmed that "federal banks and federal savings associations may engage in crypto asset custody, certain stablecoin activities, and participate in independent node verification networks." Click to read
4. Galaxy: How Titan reconstructs Solana’s price discovery mechanism
As we lead the investment in Titan, Solana’s leading meta-aggregator exchange, we want to share our views on Solana’s evolving market microstructure and Titan’s positioning in this rapidly changing landscape. Click to read
5. Powell leaves the door open to rate cuts: Significant downside risks to employment, may be nearing a halt to balance sheet reduction
In his final public speech on economic and monetary policy before the Fed's meeting quiet period at the end of this month, Fed Chairman Powell hinted that the US labor market continues to deteriorate. Although the government shutdown has affected economic judgment, he still retains the possibility of a rate cut this month. He also said that the Fed may stop its quantitative tightening (QT) program, reducing its balance sheet, in the coming months. Click to read