ChainCatcher message, according to the official website of the U.S. government's efficiency department, the logo that previously included Shiba Inu elements is currently suspected to have been removed.

ChainCatcher News, the U.S. Department of Efficiency (DOGE) announced in a post on X on Friday that within 80 hours, the department canceled existing or upcoming government contracts worth approximately $420 million, along with two leases. According to BusinessInsider's calculations, this amounts to about $126 million in contracts canceled per day.If the organization continues to operate at this pace over the 530 days between January 20, 2025, and July 4, 2026, approximately $67 billion in contracts will be canceled each year. (Note: The U.S. DOGE Services Temporary Organization is set to terminate on July 4, 2026.) This would ultimately account for about 3% of Elon Musk's initial goal to cut the federal budget by $2 trillion, or 7% of his revised goal of $1 trillion. Currently, DOGE is primarily focused on DEI (Diversity, Equity, and Inclusion) contracts and vacant buildings, but it cannot directly alter the federal budget without Congressional approval.

ChainCatcher message, on-chain detective ZachXBT posted: "A few months ago, when the U.S. government suffered a $20 million hack, I helped recover a significant amount of funds, for which I received $0 in rewards."

ChainCatcher news, according to Politico citing informed sources, Vivek Ramaswamy will leave the U.S. Department of Efficiency to run for Governor of Ohio.

ChainCatcher news, according to The Washington Post, a lawsuit against the "Department of Government Efficiency" led by billionaire Elon Musk for violating federal transparency regulations is expected to be filed just minutes after U.S. presidential candidate Donald Trump's inauguration, marking the beginning of a legal battle over key aspects of the incoming U.S. government's agenda.In a 30-page complaint obtained prior to submission, the Public Interest Law Firm's National Security Advisor claims that the non-governmental DOGE group violated a 1972 law that requires advisory committees providing advice to the executive branch to adhere to certain regulations regarding disclosure, employment, and other practices.

ChainCatcher news, according to a document disclosed by @tier1ok, a U.S. court has stated that it has the authority to order voluntary restitution based on the defendant's plea agreement. This voluntary restitution should include all assets seized from the Bitfinex hacker wallet, and according to the plea agreement, these assets should be returned to Bitfinex as restitution in kind.All other seized assets listed in the amended second revised attachment (ECF 195) should continue to undergo third-party ancillary forfeiture proceedings.

ChainCatcher news, according to Blockworks, Aidan Larkin from the U.S. company Asset Reality, which helps the government manage seized assets, stated in response to questions about the U.S. government's Bitcoin that essentially, the recent court approval is a normal procedure for any civil forfeiture. Moreover, this does not mean that the U.S. will sell immediately; the sale must follow a very strict process."At some point in the future, it will go through the normal government procedures. There will be a civil forfeiture application hearing. They will get approval, and then it will enter the normal marshal process and public domain." Additionally, the possibility of these Bitcoins being funneled into a potential Bitcoin strategic reserve is also not very high, so don't hold out too much hope.

ChainCatcher message, according to Polymarket data, the probability of the U.S. government selling Bitcoin before Trump's inauguration is currently reported at 14%. The previous high was 39%, and the total betting amount is only $270,000.

ChainCatcher message, regarding "The U.S. Department of Justice has been authorized to sell $6.5 billion in seized Silk Road Bitcoin," CryptoQuant CEO Ki Young Ju posted on X: "Last year, based on realized market cap, $379 billion entered the market, about $1 billion per day. The $6.5 billion (Bitcoin) sold by the U.S. government could be absorbed within a week. Don't panic."

ChainCatcher message, according to Trader T's post on X, regarding "the U.S. government has been authorized to liquidate 69,370 BTC seized from the Silk Road on the dark web," it may take several months from authorization to actual sale.In addition, according to Spot On Chain, the U.S. government currently holds about 197,000 BTC. Since previous sales were conducted through over-the-counter transactions, they did not directly affect the price, but the resulting market panic may lead to a temporary price drop.

ChainCatcher news, according to Jinshi reports, the Chief Economist of ANZ Greater China, Yang Yuting, mentioned at the 2025 China Chief Economist Forum Annual Meeting that the current U.S. public debt has reached 36 trillion, exceeding the 31.4 trillion cap. "In the past two years, the debt has increased by 2 trillion each year. Unless Musk can really help him reduce the U.S. deficit and decrease U.S. debt, I think there is a high possibility that the U.S. federal government will face a shutdown, which will also bring a certain degree of impact on the U.S. economy."

ChainCatcher news, Galaxy Digital's research department predicts that the U.S. government will not purchase any Bitcoin by 2025 but will safeguard its existing supply. Alex Thorn, head of Galaxy Research, stated in a report on December 27: "Some actions will be taken within departments and agencies to explore expanding Bitcoin reserve policies."