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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.
In Brief YZi Labs invested $50 million in stablecoin network BPN for global payment expansion. BPN aims to reduce finance transfer times, lowering costs with innovative technology. BPN targets providing regional stablecoin support in emerging markets by year's end.
- 02:25Phone Call Between Russian and US Presidents Ends, Trump Says He Will Meet Putin in BudapestAccording to Jinse Finance, citing CCTV News, on October 16 local time, U.S. President Trump posted on his social platform "Truth Social" that he had just finished a phone conversation with Russian President Putin, describing the call as highly productive. Trump stated that he remains committed to helping resolve the Ukraine conflict, and that both sides spent a significant amount of time discussing trade issues between Russia and the United States after the end of the Ukraine conflict. Trump announced that U.S. Secretary of State Rubio will represent the United States at the upcoming meeting with Russia. The location of the meeting and the members of the delegation have not yet been determined. Trump said that after the advisory meeting, he will meet with Putin in Budapest, Hungary, to explore whether the conflict between Russia and Ukraine can be ended.
- 02:25Charles Schwab plans to launch spot Bitcoin and cryptocurrency trading services in 2026Jinse Finance reported that American financial giant Charles Schwab plans to launch spot Bitcoin and cryptocurrency trading services in 2026.
- 02:24Overview of Major Overnight Developments on October 1721:00-7:00 Keywords: Temple Digital Group, Jito, Charles Schwab 1. YZi Labs invests in Temple Digital Group; 2. The market increases bets on the Federal Reserve cutting rates three times this year; 3. a16z invests $50 million in Solana staking protocol Jito; 4. Spot gold surpasses $4,300/ounce, reaching a new all-time high; 5. International Commercial Settlement further acquires up to HK$200 million worth of Bitcoin; 6. Market news: Crypto Lawyers Alliance is preparing to file a lawsuit against a certain exchange; 7. Charles Schwab plans to launch spot Bitcoin and cryptocurrency trading services in 2026.