Scott Besant: If Chinese companies steal intellectual property, sanctions will be considered and included in the entity list

[A certain swing trading address accumulates 2,657 ETH, valued at approximately $5.14 million] According to on-chain analyst Ai Yi's monitoring, an address that profited approximately $930,000 in April this year through swing trading 19,300 ETH has, after a two-month hiatus, initiated a new round of swing trading 10 hours ago, accumulating 2,657 ETH valued at approximately $5.14 million, with an average entry price of around $1,935.

Upbit will launch O Korean won, BTC, and USDT trading pairs.

CryptoQuant analyst Darkfost stated that institutional demand for Bitcoin is currently at a low level, with spot Bitcoin ETFs having a net 30 day traffic of -2.1 billion US dollars. Strategy has had almost zero demand for Bitcoin for several consecutive weeks, and overall demand for Bitcoin reserve companies has dropped from approximately 6.6 billion US dollars in August 2025 to nearly zero currently. Darkfost pointed out that this trend reflects market pessimism, but when institutional demand is at its lowest, it is often the best time to lay out.

US Treasury Secretary Scott Besant stated on X platform that he supports open source AI and its innovation, but open source is not an excuse for infringing on US intellectual property. If Chinese companies engage in secret, industrial scale refining attacks that constitute intellectual property theft, the United States will consider imposing sanctions on them and including them in the entity list.

Circle and Kakao Group have signed a memorandum of understanding to evaluate cooperation in blockchain based payment infrastructure and digital asset technology, including the application of USDC in payment, settlement, and digital asset connectivity scenarios.