According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

Fed's Williams says downside risks to achieving full employment have eased, while inflation remains a major challenge. Demand for artificial intelligence is quite strong, and it is reasonable to raise interest rates again before the end of the year. (Jinshi)

According to Bitget market data, WTI crude oil rose 1% intraday to $93.09 per barrel. Brent crude oil climbed to $100 per barrel, posting a 1.20% intraday gain.

According to monitoring by Specter Investigation, the privacy-focused stablecoin payment network Payy Network is suspected to have been hacked, with approximately 1.8 million USDC siphoned off. The attacker obtained initial funds via the privacy protocol Railgun, then converted the stolen USDC into ETH and dispersed the funds to three separate addresses.

On-chain data analyst MLM stated in a post on his personal channel that the four addresses conducting concentrated unstaking of HYPE today all belong to crypto venture capital firm Paradigm. BlockBeats previously reported that multiple large addresses initiated concentrated HYPE unstaking today. The specific transaction details are as follows: Address 0x8b...d914 unstaked 391,800 HYPE, valued at approximately $35.99 million; Address 0x0a...b0ad unstaked 209,600 HYPE, valued at about $19.24 million; Address 0x15...d3fd unstaked 146,400 HYPE, valued at roughly $13.46 million; Address 0x55...c32a unstaked 135,700 HYPE, valued at approximately $12.46 million.

Insight Beating AI News: Doubao Work has updated its task modes, adding two new features: "Goal Mode" and "Plan Mode". Goal Mode allows users to specify acceptance criteria in advance. After the AI Agent completes the task, it will verify each item against the criteria, continuing revisions until all requirements are met before delivery. Plan Mode, by contrast, delays task execution. It first conducts research to generate an editable Markdown implementation plan, clearly detailing task breakdown, required materials, and acceptance standards. The AI Agent will only formally execute the task after user confirmation. This update also adds task queues, online Markdown editing, and dark mode. Additionally, Doubao is offering all users a 30-day subscription benefit. Users can claim it by downloading or upgrading to the latest desktop versions of Doubao Work and Doubao Desktop. Users who already received the benefit in the previous round will get an extra 30 days in this round. Paid users will have their existing paid benefits automatically extended, while retaining their peak-time priority access.

Franklin Templeton Institute Chief Investment Strategist Jeff Schulze said that regarding the Federal Reserve’s latest interest rate hike, the market’s recent mild performance may help mitigate any potential downturn. In the three months leading up to last week’s rate action, the S&P 500 index barely moved, while the average gain in the three months prior to the first interest rate hike of a cycle historically stood at 4.2%. “I think the market is poised to continue moving higher as it enters the seasonally very strong fourth quarter,” Schulze said. (Jinshi)