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With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.

Which new-generation projects are attempting to break away from the old path of "speculative games"?

On October 14, the U.S. Department of Justice announced criminal charges against Chen Zhi, founder of Cambodia's Prince Group, and successfully seized 127,271 BTC under his control, with a market value of approximately $15 billion. This event marks not only the largest judicial seizure of virtual assets in history, but also a public demonstration of state power directly exercising control over on-chain assets.

What drives the market is not only cold economic data, but also greed, fear, and the unpredictable nature of human behavior.

Overview of key market events on October 15th.

The U.S. Department of Justice has seized 127,271 BTC controlled by Chen Zhi, the founder of Cambodia's Prince Group, with a market value of approximately $15 billion, making it the largest judicial seizure of Bitcoin in the world. The case involves fraud, money laundering, and hacking, demonstrating the state's judicial control over on-chain assets. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
- 03:05RootData: SOSO will unlock tokens worth approximately $4.95 million in one weekAccording to ChainCatcher, based on token unlock data from the Web3 asset data platform RootData, SoSoValue (SOSO) will unlock approximately 6.66 million tokens at 10:00 on October 24 (GMT+8), with a value of about $4.95 million.
- 03:05Data: Crypto sector falls for three consecutive days, DePIN sector leads the decline with over 7%, ETH drops below $4,000ChainCatcher news, according to SoSoValue data, most sectors in the crypto market have generally declined. The DePIN sector led the decline over the past 24 hours, dropping 7.18%. Within the sector, Render (RENDER) fell 7.05%, and Filecoin (FIL) dropped 7.58%. In addition, Bitcoin (BTC) fell 2.19%, breaking below $109,000. Ethereum (ETH) dropped 2.14%, falling below the $4,000 mark. In other sectors, the PayFi sector fell 3.03% in the past 24 hours, with Monero (XMR) and Telcoin (TEL) dropping 6.56% and 9.94% respectively within the sector. The CeFi sector declined 3.08%, with Cronos (CRO) down 8.03%. The Layer1 sector dropped 3.71%, with Sui (SUI) down 7.62%. The Layer2 sector fell 3.74%, but Zora (ZORA) bucked the trend and rose 18.68%. The DeFi sector dropped 3.81%, with Aave (AAVE) down 7.58%. The Meme sector fell 4.43%, with Pump.fun (PUMP) down 11.13%. Crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiGameFi indices fell by 6.14%, 5.69%, and 5.44% respectively.
- 03:05South Korean blockchain infrastructure provider DSRV completes approximately $21.12 million Series B financing roundOn October 17, it was reported that South Korean blockchain infrastructure provider DSRV has completed a Series B financing round totaling 30 billion KRW (approximately $21.12 million). The Series B round was conducted in two phases: the first phase included participation from Intervest, SK Securities, and Nice Investment Partners; the second phase attracted new investors such as NXVP, Han River Partners, IBK Capital, and S2LPartners. According to the introduction, DSRV provides infrastructure for more than 70 blockchain networks worldwide and manages digital assets worth over 4 trillion KRW. Last year, DSRV's annual sales reached approximately 10.7 billion KRW. With this round of financing, DSRV plans to accelerate its global market expansion, with specific initiatives including: recruiting core talent; developing advanced stablecoin and payment infrastructure technologies; expanding its staking business; and entering the US, Japanese, and African markets.