‍BTCC Hosts Elite Networking Event Post-TOKEN2049 BTCC, the world's longest-serving crypto exchange, hosted an exclusive "Poolside Sync" event in Singapore following TOKEN2049. The invitation-only gathering united top crypto KOLs and community leaders to foster connections and collaborations within the Web3 space. The event featured entertainment, premium beverages, and the presence of BTCC's Global Brand Ambassador, Jaren Jackson Jr. Erik Gjergji, Head of Business Development at BTCC, highlighted the focus on building real relationships. This event aligns with BTCC's long-term vision and recent milestones, including plans to triple its workforce and surpass 10 million users.
‍Ethereum Co-Founder Joseph Lubin Advocates for Digital Asset Treasuries (DATs) Inspired by Michael Saylor's Bitcoin strategy, Ethereum co-founder Joseph Lubin believes Ether (ETH) Digital Asset Treasuries (DATs) can deliver superior returns. He argues ETH is "more solid than Bitcoin" due to its functionality and transactional demand. Lubin, chairman of SharpLink Gaming, has acquired over $2 billion in ETH. He foresees a "broadband moment" for Ethereum in 2025, driven by increased scalability and demand for block space. ETH DATs aim to stimulate this growth through aggressive acquisition and staking. While rivals like BitMine hold significantly more ETH, SharpLink's objectives include increasing Ether concentration per share, protecting equity price, earning staking yield, and strategic investments. Lubin acknowledges risks of over-leveraging but remains confident in ETH's future price appreciation.
‍Casper Network Achieves ERC-3643 Compliance for RWA Tokenization Casper Network has integrated with the ERC3643 Association, enhancing its capabilities for compliant real-world asset (RWA) tokenization. This move solidifies Casper's position in developing regulated digital assets, offering infrastructure for enterprises and institutions to manage tokenized assets in accordance with global regulations. The ERC-3643 standard, a framework for permissioned token issuance, is recognized by regulators and financial institutions for its compliance design. This integration leverages Casper's scalable and secure blockchain, aiming to set new benchmarks for tokenization by combining ERC-3643's compliance architecture with Casper's enterprise-grade features. Key benefits include enhanced regulatory compliance, increased institutional trust, scalable infrastructure, interoperability, and improved security and transparency for tokenized assets.
‍Scotland Faces Trial Over Alleged $23M Crypto Robbery Plot Two men in Scotland are set to face trial for an alleged conspiracy to steal approximately $23 million in cryptocurrency. Prosecutors claim the planning, which targeted individuals with significant crypto assets, occurred even while one accused was incarcerated. This case highlights the growing threat of "wrench attacks"—physical robberies targeting crypto holders. Experts note these violent crimes are increasing, particularly in areas with high crypto adoption and self-custody, and virtually any user can be a target. Proactive security measures, including limiting public discussion of holdings and using multi-signature or cold storage solutions, are crucial for protection.
‍Milo's Crypto Mortgages Fuel Over $100M Wealth Growth Milo's innovative crypto mortgage solution allows clients to leverage Bitcoin and Ethereum for home purchases, avoiding liquidation of digital assets. This has resulted in clients unlocking over $100 million in wealth, with more than $80 million in property acquired. The offering provides up to 100% financing with no down payment required, up to $5 million per loan. Assets are secured via trusted custodians like Coinbase and BitGo, with SOC2 compliance. Milo aims to empower clients to build equity and benefit from crypto's potential upside.
‍Jiuzi Holdings Announces $1 Billion Cryptocurrency Acquisition Plan Jiuzi Holdings (NASDAQ: JZXN), known for NEV charging infrastructure, is set to enter the cryptocurrency market with a $1 billion capital plan. The company expects its first Bitcoin purchase within two weeks. Funding will come from market financing, shareholder commitments, and institutional investors. CEO Tao Li stated the plan has strong investor support and aims to expand market share, optimize capital structure, and enhance shareholder value.
‍Ethereum Sees $10 Billion Validator Exit Amidst Record Withdrawals Ethereum's proof-of-stake network is experiencing its largest validator exit on record, with over 2.4 million ETH (valued at more than $10 billion) awaiting withdrawal. This has extended the validator queue to over 41 days. Despite this outflow, institutional interest is surging, with billions in ETH entering the validator queue. Grayscale alone has staked over $1.3 billion in Ether, accounting for the majority of coins awaiting staking activation. Analysts note Ethereum's growing role as a yield-bearing asset, infrastructure component, and collateral, suggesting continued institutional inflows driven by ETFs and corporate treasuries. The network remains stable with over one million active validators.
‍Issuer of TRUMP Memecoin Seeks $200M Treasury to Combat Price Decline The entity behind the official Donald Trump memecoin is initiating a fundraising effort to secure at least $200 million for a digital-asset treasury. This treasury aims to fund token buybacks following a significant price drop of approximately 90% from its peak. Fight Fight Fight LLC, led by Trump ally Bill Zanker, is managing the initiative, with potential funding scaling up to $1 billion. The TRUMP token has fallen from a high of $75 in January to around $8 currently, with a more than 10% drop in the last month. Roughly 35% of the total supply is unlocked and actively traded, contributing to a circulating market value of $1.5 billion. The remaining 65% is held by Trump-related entities and is subject to vesting schedules. The memecoin has faced controversy, including a private dinner attended by Trump and prominent holders, which drew protests and led to congressional inquiries into potential violations of federal law. Trump also faced scrutiny for using the presidential seal at the event.
‍Rome Protocol Launches 'Imperia' NFTs, Ushering in Era of Digital Citizenship Rome Protocol has announced its genesis NFT collection, "Imperia: Rome Citizens," set to launch on October 14th via Magic Eden for 0.753 SOL. Backed by a $9 million seed round from Hack VC, Portal Ventures, and Anatoly Yakovenko, these NFTs grant holders exclusive access to campaigns, token drops, and integrations across Rome Protocol's network. Rome Protocol aims to bridge disparate blockchains, bringing Solana's performance to various ecosystems and enabling cross-chain application development.