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According to Reuters, Mexican authorities discovered an illegal cryptocurrency mining operation in a remote mountainous building in Tehuacán, Puebla, where 300 GPUs, 80 medium-voltage terminals, and 8 satellite antennas were found on-site. Authorities are investigating whether the operation is stealing electricity from a nearby hydroelectric power station.This is the fourth similar crypto farm discovered in the area since early last year, with three others found near a hydroelectric power station in northern Puebla last year. Local residents reported that the noise from the equipment can be heard from a kilometer away. Mexican security analyst David Saucedo stated that drug trafficking groups seem to have reached a new level of sophistication, as establishing such operations requires technical expertise and support from well-funded groups.Chainalysis Latin America expert Caio Motta pointed out that such operations are usually located in areas with extremely low electricity prices or within the reach of organized crime to steal electricity and establish large-scale mining infrastructure.

According to a notice from the U.S. Department of Justice, the Department's Fraud Center Strike Force, in coordination with the Department of the Treasury, took coordinated law enforcement action against Xinbi Guarantee, seizing and restricting the disposal of over 52 million dollars in cryptocurrency in a single day, bringing the total assets restricted by the task force to approximately 938 million dollars. Tether provided proactive assistance in this investigation.The Department of Justice alleges that Xinbi is an illegal scam service market primarily operating through Telegram, providing customized investment scam websites, money laundering services, and recruiting victims of human trafficking to work in scam parks in Southeast Asia. Law enforcement has seized its Telegram channel and two cryptocurrency wallets holding approximately 12 million dollars, and restricted the disposal of an additional 47 related wallets.At the same time, the U.S. Department of the Treasury's Office of Foreign Assets Control designated Xinbi as a significant transnational criminal organization and sanctioned two additional entities that support it. The task force also assisted Madagascar in shutting down 13 scam parks operated by Chinese criminal groups, processing over 3,200 electronic devices, and local authorities arrested nearly 400 people.

Data analysis and indexing platform Bilinear Labs announced that it has been acquired by Sei Labs, and the team will join Sei Labs to participate in the development of projects such as Sei Network and Sei Giga.Bilinear Labs will cease operations on September 14, and the platform is built with Rust, having indexed hundreds of billions of events and launched the BYOABI technology.

According to Decrypt, the Mexican federal prosecutor, in conjunction with the Navy and Puebla state police, conducted a raid on a property in the remote mountainous area of Tlaola, Puebla, seizing approximately 300 cryptocurrency mining machines, as well as transformers, medium-voltage terminals, and satellite internet antennas.The investigation revealed that the mining operation illegally tapped into the grid of the Nuevo Necaxa hydroelectric power station, and authorities have filed charges for "theft of electricity." Currently, forensic accountants are tracing the source of the hardware funding, and money laundering suspicions have not been ruled out. Data from the Mexican Federal Electricity Commission shows that from January to July 2024, non-technical electricity losses reached up to 6,346 gigawatt-hours, valued at approximately 13.8 billion pesos (about 817 million USD).

According to the Korea Herald, a federal court in Washington, D.C. has ordered the seizure of a wallet asset involved in money laundering by North Korean overseas IT workers, including 158,123 USDC and 54,574 USDT, with a total value of approximately $212,700. The U.S. Department of Justice is seeking to confiscate a total of $7.74 million in North Korea-related cryptocurrency assets.

The Federal Bureau of Investigation (FBI) tracked and seized over $560,000 in cryptocurrency originally intended for Hamas by combining blockchain analysis, human intelligence, and court orders. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts. Three seizure operations occurred in March, June, and October 2025.Investigators found that multiple donation addresses associated with Hamas's military wing, Al Qassam Brigades, used the same Gas wallet to pay transaction fees, and visualized funds flowing from donation wallets to operational wallets and related infrastructure through Reactor. In the June 2025 case, funds circulated through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts; in October, the network switched to one-time donation wallets and cross-chain bridges. Court orders required Tether to destroy USDT from specified addresses and to reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer the balances of three accounts.

The Federal Bureau of Investigation (FBI) seized over $560,000 in cryptocurrency through court-authorized actions and took control of domains and servers allegedly used by Hamas for fundraising and recruiting supporters. The related actions involved three seizures on March 25, June 25, and October 10, 2025.Investigators identified a crypto chat group that directed supporters to fundraising websites and tracked the rotating cryptocurrency addresses. The operation also obtained information on thousands of individuals who had contacted Hamas online, attempting to donate via cryptocurrency or traditional means. This operation expanded upon the $200,000 cryptocurrency seizure announced in March 2025. At least 17 related addresses had transferred over $1.5 million since October 2024, with funds having passed through exchanges, over-the-counter brokers, and accounts in Turkey.

According to Japan's Sankei Shimbun, "Saint Seiya" author Masami Kurumada has sued his former manager and their relatives and acquaintances, accusing them of misappropriating approximately 4.68 billion yen from Kurumada Productions and two other companies over a period of about six years through company account transfers and withholding copyright fees, among other methods. Some of the funds are reportedly used for investing in cryptocurrencies.The related incident was exposed during a tax investigation by the Tokyo National Tax Agency in 2024, with approximately 1.8 billion yen already recovered. Masami Kurumada is now seeking compensation of about 2.89 billion yen from the Tokyo District Court.

The U.S. Department of Justice announced that it has seized over $560,000 in cryptocurrency originally intended to fund Hamas and has taken control of the domain names and servers used by the organization for fundraising and recruiting supporters. The Department of Justice released five affidavits along with the announcement on Wednesday, three of which were signed on March 25, June 25, and October 10, 2025, regarding the seizure order for the aforementioned $560,000 in cryptocurrency.According to court documents, investigators identified and tracked rotating cryptocurrency addresses promoted through encrypted group chats and fundraising websites with the help of human intelligence sources. The first actions recovered approximately $201,400 from wallets and accounts, which have transferred over $1.5 million since October 2024, with the related addresses allegedly controlled by Hamas's military wing, the Izz ad-Din al-Qassam Brigades.Additionally, the FBI seized the domain name and servers used to operate the organization's main website Alqassam.ps, allowing them to intercept subsequent cryptocurrency donations. The Department of Justice stated that this operation enabled investigators to obtain information on thousands of individuals who contacted Hamas-related platforms, attempting to donate via cryptocurrency or traditional payment methods.

According to Decrypt, the British police confiscated 20.21 bitcoins along with other cryptocurrencies and bank funds, totaling a value of 1.4 million dollars. The individuals involved had previous convictions for money laundering and are now deceased.Investigators traced these assets back to dark web markets that operated from 2016 to 2019 and were later shut down by law enforcement. The police stated that these now-closed websites had facilitated various criminal activities ranging from drug supply to human trafficking, but did not disclose the specific names of the websites.

The Irish National Police (An Garda Síochána) reported that during a special operation against organized crime in the Galway area, police searched two properties and froze two cryptocurrency accounts worth approximately $900,000 in total. In addition, the police also froze a bank account containing €25,000 (approximately $29,100), and seized €9,300 in cash and drugs valued at approximately €18,300 (including amphetamines and cannabis).A man in his 40s involved in the case has been arrested and charged, and the investigation is ongoing.

According to TokenPost, Park Seung-jin, head of the Digital Asset Strategy Department at Korea Investment & Securities, stated in an interview with Yonhap Infomax that the company is preparing to move beyond fragmented investments in the token securities market and enter the tokenization of standardized securities such as stocks and bonds. If regulations allow, the company hopes to leverage its experience as an early entrant in the issuance of notes, IMAs, and other areas to become the first institution to enter this market.Park Seung-jin emphasized that even with significant first-mover advantages in the market, it is essential to prioritize discovering and supplying products that can win customer trust. The company will rely on the capabilities accumulated by its investment banking headquarters, project financing department, and investment products department to provide trustworthy products for investors. The Digital Asset Strategy Department started last year with a special task force and was officially established at the beginning of this year, focusing on token securities, stablecoins, and collaboration with Coinone.Korea Investment & Securities is entering the digital asset market by investing in Coinone shares. Park Seung-jin believes that the virtual asset sector should be led by trading platforms that are more familiar with the business, with both parties collaborating. Current collaboration has begun with providing domestic stock investment information from Korea Investment & Securities in the Coinone app, while simultaneously reviewing internal controls and security. The formal cooperation is expected to commence after the passage of the Digital Asset Basic Law currently under review in the National Assembly. The company is also paying attention to stablecoins, viewing them as a convenient payment method, and is researching solutions for settling other goods.

According to Arkham monitoring, the U.S. government recently transferred a small amount of Bitcoin. This Bitcoin was seized three years ago from Alameda's account on Binance US.This transfer only involves a small amount, and the market is paying attention to whether the U.S. government will begin liquidating Alameda's remaining Bitcoin assets.

According to the Associated Press, drug enforcement agencies from Cambodia and the United States announced on Friday that they have dismantled a cryptocurrency money laundering network utilized by the Sinaloa drug cartel from Mexico.The operation was conducted in collaboration between Cambodian drug enforcement police and the U.S. Drug Enforcement Administration, seizing approximately $7 million in cryptocurrency related to the Sinaloa drug cartel, arresting multiple individuals, and confiscating assets, drug production laboratories, and storage facilities.

Sei announced the launch of the Eidos upgrade, which involves a comprehensive reconstruction of the on-chain storage layer. Eidos is one of the three parts of the Sei Giga upgrade trilogy, following the consensus layer Autobahn and the execution layer Ares, which have been progressively advanced. Eidos is responsible for addressing the most critical storage bottleneck in blockchain scalability.Core changes include: replacing the traditional Merkle tree with FlatKV and LtHash, allowing state updates to shift from chain-based hash recalculation to constant time operations; migrating EVM state to an independent database, with historical data moved to off-chain archives, and nodes retaining only the content necessary for real-time operations.Sei's long-term goal for the Giga upgrade is 200,000 TPS, and Eidos is a key underlying support for achieving this goal. This upgrade represents an update to the technical roadmap, and the specific implementation effects will need to be validated in the future. Node operators can configure migration according to Sei's official documentation.

According to Decrypt, the Dutch prosecution has sold the seized crypto assets from the bankrupt cryptocurrency platform Knaken, raising approximately $2.5 million to repay creditors.The bankruptcy trustee stated that the funds invested by clients are estimated to be between $12 million and $14 million, and the proceeds from the sale are currently the main available funds in the bankruptcy estate.

Justin Drake posted on the X platform that Ethereum L1 will no longer use the SNARK-friendly hash function Poseidon, which has dominated since 2019, and will instead turn to traditional hash functions such as SHA2 or BLAKE2s.This adjustment is based on advancements in the field of SNARK design, shifting the focus from "SNARK-friendly hashing" to "hash-friendly SNARK." By aligning Boolean operations in traditional hashing with binary field native, the proof performance of traditional hashing in SNARK has reached 1 million per second, with an overhead of about 100 times.Research from Binius and Flock has driven relevant progress. The Ethereum Foundation's post-quantum team is advancing this route, with a roadmap that includes deploying production-level leanVM in 2027, and deploying in the consensus layer, execution layer, and data processing layer in 2028.Justin Drake also stated that the enhanced capabilities of AI in cryptanalysis have recently led to setbacks for the lattice-based scheme HAWK and the homomorphic scheme SQIsign, with hash-based schemes being used for post-quantum signatures on the blockchain. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.

According to GoPlus monitoring, a user on the Base chain lost 500,000 USDC due to a phishing attack. When the attacker exchanged the stolen funds for WETH, the script did not set slippage protection, routing to a Uniswap V4 WETH/USDC pool with almost no liquidity, resulting in only 67.9 ETH (worth $129,000) being exchanged for 500,000 USDC, of which $370,000 was earned by an MEV bot.The MEV bot only paid 0.03 USDC to front-run the transaction but incurred 3.5 ETH in gas fees for this. Subsequently, the victim sent an on-chain message to the attacker and the MEV address, stating that they had identified the attacker and were willing to pay a 10% bounty for a refund.

The Korean National Police Agency has selected Upbit's parent company, Dunamu, through public bidding to be responsible for the custody of seized virtual assets, with a contract period of 1 year.The confiscated digital assets will be managed through the digital asset custody service Upbit Custody, responding in real-time to regulatory infrastructure and conducting custody and management within 365 days. This service employs 100% offline cold wallets, 24/7 monitoring, and introduces MPC, DKG multi-key management, and multi-signature technology to ensure asset isolation and security.

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.