Federal Reserve's Harker: May Temporarily Hold Rates Steady

According to Yonhap News Agency, Dunamu, the operator of Upbit, will attend the "2026 National Assembly Legislative Expo" held at the central lawn plaza of the National Assembly Building in Yeouido, Seoul, for two consecutive days starting today. It has set up an exhibition booth under the slogan "The Value of Digital Assets, Safely Passed to the Next Generation", focusing on proposing institutional improvements to strengthen the protection of virtual assets as inheritance property. The company noted that the core goal is to protect users' virtual assets as soon as possible after their death and make it easier for heirs to locate such assets. A Dunamu official stated that virtual assets currently fall into a blind spot of institutional protection in inheritance processes, adding that the firm hopes this policy proposal will serve as an opportunity to solidify the relevant institutional foundation.

On-chain data analyst Yu Jin monitored that between 11 PM and 12 AM yesterday, when ETH surged from $2,315 to $2,440, the address of F2Pool co-founder Wang Chun sold 6,200 wstETH during the rally to convert into 18.5 million USDC, with an average selling price of the ETH equivalent at $2,390. Afterward, he transferred the USDC to Binance.

According to Fox Business reporter Eleanor Terrett, House Democrats are discussing expanding Representative Maxine Waters’ 2025 amendment to the Clarity Act — the Crypto Investor and Consumer Rights Act — into a more comprehensive crypto "market structure" bill for the next Congress. The draft is reportedly set to include provisions from the Democratic version of the Clarity Act previously introduced by Waters in the House but not adopted, as well as parts of an agreement reached between Senate Democrats and Republicans before a September vote that halted debate. Key points under discussion include granting the U.S. Securities and Exchange Commission (SEC) a larger role in regulating crypto markets, while correspondingly scaling back the Commodity Futures Trading Commission (CFTC)’s authority; and possibly adding ethics provisions to restrict crypto-related activities by President Trump and other federal officials. Republicans have referred to the bill as a "statement piece".

Crypto journalist Eleanor Terrett broke the news on social media, citing three industry sources who spoke with Democratic congressional staffers: House Democrats are discussing a plan to expand the Crypto Investor and Consumer Rights Act — a 2025 amendment Rep. Maxine Waters proposed to the CLARITY Act — into a broader crypto "market structure" bill for the next Congress. The proposal would combine two sets of provisions: original Democratic CLARITY Act language that Waters introduced in the House (which failed to pass), and terms Senate Democrats struck with Republicans ahead of September’s cloture vote. Discussions reportedly include granting the U.S. Securities and Exchange Commission (SEC) a larger role in overseeing crypto markets, while limiting the U.S. Commodity Futures Trading Commission (CFTC)’s role. Additional ethics rules are also likely to be added to restrict crypto activities by President Trump and other federal officials. Republicans have labeled the measure a "messaging bill" — legislation intended solely to communicate political stances, with little practical chance of being enacted.

According to CNN, after the Republican Party's crushing defeat in the U.S. midterm elections, multiple GOP lawmakers and allies are quickly pointing fingers at Defense Secretary Pete Hegseth, blaming him for convincing Trump to launch military strikes on Iran while lacking an exit strategy and a plan for political consequences. Meanwhile, party leaders and many colleagues still hesitate to directly blame Trump himself. The report notes a vote on impeaching the Pentagon chief could come as early as next week. Kentucky Republican Congressman Thomas Massie told CNN that he plans to initiate a vote on impeaching Hegseth once Congress returns from recess next week; multiple GOP sources said the measure is expected to pass. Since taking the helm of the Defense Department, Hegseth has had few allies on Capitol Hill. Several Republicans, speaking anonymously to CNN, accused him of exaggerating prospects for a quick victory and pushing for escalation even as Iran showed no signs of surrender, turning the conflict into a quagmire that has driven up prices and sparked voter backlash against the GOP. Vice President J.D. Vance said Wednesday, "The reason we lost is this war," but did not name the responsible party. The White House still shows Trump's unwavering trust in Hegseth: when pressed Wednesday, Trump denied any plans to fire him, calling him "doing a great job" and stating that if he had to make the decision to go to war again, he would still do so. People close to Hegseth said he is prepared to fight the impeachment head-on. Pentagon spokesman Sean Parnell released a statement saying Hegseth is "100% committed to leading the department until the end of Trump's term" and will not be deterred by "false investigations."

Following Binance's major hack, the crypto community has observed a bizarre on-chain trend: a large number of strangers are sending tiny Bitcoin amounts to the hacker’s controlled wallets via the blockchain, with various messages attached—ranging from begging and pitches to even money laundering advice. These transactions typically amount to less than $1, with senders leveraging Bitcoin’s OP_RETURN function to permanently embed text data on the blockchain. The most persistent sender has, since last Friday, repeatedly sent the message "Help me bro" to all 19 wallets held by the hacker. Each round, the sender spends roughly 1,000 sats (≈$0.78) per wallet; after three rounds, total costs including fees hit around $46, yet no response has been received. Beyond begging, the messages are wildly varied. Some pitched to the hacker, suggesting they use a link to swap assets on THORChain, and advised never returning funds to Binance founder CZ. A self-proclaimed Turkish crypto influencer promoted his own token, asking the hacker to "donate" to support his ecosystem. Another, leaning into Halloween, left the message: "Happy Hacklloween Satoshis for treats PLS". Despite the lively comment section, the hacker has not replied, and the stolen funds have remained unmoved since last Thursday.