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SUI $0.7110 +2.28%
XLM $0.1989 +7.28%
ZEC $410.72 +3.15%
BTC $59,881.15 +1.93%
ETH $1,610.24 +2.05%
BNB $549.85 +0.68%
XRP $1.05 +1.27%
SOL $76.73 +4.10%
TRX $0.3168 +0.57%
DOGE $0.0726 +0.64%
ADA $0.1532 +6.02%
BCH $212.75 +6.33%
LINK $7.37 +2.38%
HYPE $63.02 -3.79%
AAVE $85.43 -0.24%
SUI $0.7110 +2.28%
XLM $0.1989 +7.28%
ZEC $410.72 +3.15%

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The U.S. Congress plans to rebuild the Department of Justice's cybercrime task force to coordinate efforts against related theft and fraud

According to CryptoSlate, the U.S. Congress is pushing to rebuild the Department of Justice's cryptocurrency crime task force. Previously, the Department of Justice disbanded the National Cryptocurrency Enforcement Team in April 2025 and stopped its "law enforcement as regulation" strategy targeting the cryptocurrency industry. The new bill was proposed by Representatives Lance Gooden and Josh Gottheimer, aiming to establish a federal cryptocurrency theft task force within the Department of Justice, responsible for coordinating investigations and prosecutions of cases involving cryptocurrency theft, hacking, fraud, and more.The task force's responsibilities include developing best practices for evidence collection, digital evidence analysis, asset tracking, and victim outreach, providing technical assistance and training to state and local law enforcement agencies, and coordinating international cross-border case cooperation. The bill explicitly excludes the cryptocurrency market, financial institutions, and financial products from the task force's regulatory scope, without changing the existing regulatory framework and criminal law. An FBI report indicates that in 2025, there were 181,565 complaints involving cryptocurrency, with reported losses exceeding $11 billion. The bill has not yet clarified details regarding funding, staffing, and victim response mechanisms.

Data: "BTC OG" whale builds a $500 million short position again, with its associated matrix previously profiting over $150 million from a coordinated short

ChainCatcher news, according to on-chain AI analysis tool Coinbob, the "BTC OG" whale address (0xb317) currently holds a short position of 4,394.7 BTC on Hyperliquid (valued at approximately $498 million) with a 10x leverage full position, an opening average price of 115,288 USDC, and a current liquidation price of 124,272 USDC (requiring a 7.8% increase). The margin utilization rate has reached 83.22%, indicating a high-risk, high-reward strategy. This whale address has realized a floating profit of over $9 million in the past 30 days, recently building positions through high-frequency batch trading, with a total account net worth of $60 million.According to Arkham tracking, this "high-profile BTC OG whale swapping to ETH" transferred large amounts of funds from address (0x2eA) to a transit address (0x4f9) on October 10, which then injected funds multiple times into the trading address (0xb31). Shortly before the "black swan" event, the two associated addresses (0x2eA) precisely shorted ETH and (0xb31) shorted BTC, both making profits; currently, (0x4f9) still holds approximately $386 million in USDC liquidity.The simultaneous heavy shorting and profit-taking actions of the two addresses on the eve of the crash have sparked community discussions about whether they hold "insider information." Data shows: October 10 concentrated deposits → shorting on the eve of the event → October 11 batch closing and withdrawals - (0x2eA): closed nearly 30,000 ETH short positions on October 11, profiting about $72.32 million; - (0xb31): closed BTC short positions on October 11, profiting over $85 million; currently still holding 4,394.7 BTC shorts, with a total position of about $500 million, an opening average price of $115,000; floating profit of about $8.589 million. - (0x4f9): still has a large amount of USDC ammunition (about $386 million); transferred $80 million to (0xb317D) on October 10, and another $40 million on October 13; after profits on October 11, a total of $120 million was withdrawn.
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