The 'main explosive multiple orders' have sold out 563 million US dollars across the entire network in the past 24 hours, with multiple orders selling out 460 million US dollars

OKX-ETH/USDT is currently trading at $2992.23, a decrease of 0.14% in 5 minutes. Please pay attention to market fluctuations.

[U.S. Prosecutors Recover Nearly $1.7 Million in Cryptocurrency Scam Funds] The U.S. Attorney's Office for the Eastern District of Virginia has recovered 420,740 USDT and 1,249,996 BUSD, with a total value of nearly $1.7 million, through a civil asset forfeiture process. These funds were obtained from cryptocurrency investment scam proceeds and money laundering activities and are currently being returned to the victims. Court documents reveal that scammers contacted victims via text messages and social media, luring them into transferring funds to encrypted messaging apps and defrauding them through fake investment websites.

The US federal prosecutor reserved the right to impose a maximum sentence of 12 years on Terra founder Quan Daoheng in the plea agreement in August, and is currently seeking this maximum sentence. （Decrypt）

The cost of mining one Bitcoin has risen to between $74600 and $137800, and public miners are shifting towards more profitable artificial intelligence and high-performance computing workloads. （Cointelegraph）

[Economists Predict Fed Rate Cut in December and Two More Cuts Planned for 2026] Economists predict that Federal Reserve officials will vote to cut interest rates on December 10 (2:00 PM Washington time) to address risks of a deteriorating labor market. The median survey result indicates that the Fed is expected to implement two additional 25-basis-point rate cuts in 2026, starting in March. This rate cut will continue the trend of rate reductions from the September and October policy meetings. Most respondents believe that Fed officials will reiterate the view that 'downside risks to employment have increased in recent months.' Chairman Jerome Powell will hold a press conference following the announcement of the decision.