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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.
- 03:05South 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.
- 03:05Project Hunt: Decentralized exchange PancakeSwap is the project unfollowed by the most Top figures in the past 7 daysChainCatcher news, according to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the decentralized exchange PancakeSwap was the project unfollowed the most by X (Twitter) Top figures. The influential X personalities who newly unfollowed this project include crypto trader Loomdart (@loomdart), Mr. Block (@mrblocktw), and crypto analyst Phyrex (@Phyrex_Ni). In addition, other projects most unfollowed by X Top figures include Bless, Limitless, and time.fun.
- 02:51ARK DeFAI's first proposal officially passes with a 99% approval rate, ushering in a new era of AI × DAO co-governance.ChainCatcher reported that the world's first AI × DAO co-governance proposal has been officially approved on its governance platform with an overwhelming 99% approval rate, marking a new stage in ARK DAO's decentralized governance. The approved proposal introduces a new staking cycle plan, which will be fully implemented within 24 hours, further optimizing the protocol's lock-up cycle and long-term incentive mechanism, and strengthening the commitment of consensus participants to the protocol's stability and development.According to ARK officials, this voting result is not only a milestone in technical upgrades, but also a historic moment for the integration of intelligent governance and civic consensus. In the future, ARK will continue to advance more governance proposals and modular upgrades, promoting the ongoing evolution of decentralized civilization.