‍Trump Family's Crypto Holdings Surpass $1 Billion in Pre-Tax Profits Reports indicate substantial gains in the Trump family's cryptocurrency portfolio, with an estimated over $1 billion in pre-tax profits generated over the past year. Key ventures include World Liberty Financial (WLFI), memecoins like Official Trump (TRUMP) and Official Melania (MELANIA), and the USD1 stablecoin. Trump Media & Technology Group, with its Bitcoin treasury, adds approximately $1.9 billion to their digital asset holdings. The family is reportedly employing strategies focused on digital asset treasuries for asset management and token stabilization.
‍C1 Fund Inc. Invests Strategically in Ripple C1 Fund Inc., a publicly traded investment company, has announced a strategic equity purchase in Ripple. This move highlights growing institutional confidence in enterprise blockchain solutions and their role in global finance. Ripple is a leader in enterprise blockchain, focusing on cross-border payments with its platform, RippleUSD stablecoin, and the XRP Ledger (XRPL). Elliot Han, CIO of C1 Fund Inc., stated, "Ripple’s technology and international reach fit directly with our strategy to support core infrastructure and institutional progress in blockchain finance." C1 Fund Inc. targets late-stage digital assets and blockchain infrastructure, making Ripple a strategic addition to its portfolio. This investment signifies increasing institutional validation of the digital asset space.
‍US Regulator Declares Crypto Innovation "Job One" After Lagging Decade SEC Chair Paul Atkins admits the US is "probably 10 years behind" in crypto and states addressing this gap is now the regulator's "job one." The agency aims to build a framework to attract talent and innovation, even considering an "innovation exemption" for new technologies. Atkins also supports the development of "superapps" and improving regulatory coordination, signaling a proactive approach to making the US a leader in crypto innovation.
‍Zebu Live 2025: London to Host Premier Web3 and Crypto Policy Summit London will host Zebu Live, the UK's leading Web3 summit, on October 21-22, 2025, at Tobacco Dock. Now in its fifth year, the event focuses on the UK's crypto policy and real-world Web3 use cases. The summit features speakers from Coinbase, Ripple, and Binance. Attendees will explore discussions on regulatory frameworks, decentralized identity, and financial infrastructure. Co-Founder Harry Horsfall stated, "Zebu Live is where the next phase of UK crypto and Web3 truly begins." The event expects over 4,500 attendees and aims to solidify London's position as a global leader in blockchain adoption.
‍Kraken Acquires Small Exchange for $100 Million to Boost US Derivatives Trading Kraken has acquired Small Exchange, a CFTC-regulated designated contract market (DCM), for $100 million. This strategic move aims to integrate clearing, risk, and matching into a unified platform, enhancing trade execution and reducing market fragmentation for US traders. This acquisition complements Kraken's existing derivatives platforms in the UK and EU, bolstering its global derivatives footprint. The expansion occurs as the crypto derivatives market shows resilience, with projections to reach $23 trillion by year-end 2025.
‍dYdX Achieves $1.5 Trillion in Trading Volume, Outlines 2026 Expansion The dYdX Foundation recently announced a significant milestone, surpassing $1.52 trillion in lifetime trading volume across all protocol versions. This achievement highlights the platform's growing user adoption and robust infrastructure. Key metrics shared include over $62 million in cumulative fees generated and nearly $50 million in rewards distributed to stakers. The protocol also saw an increase of approximately 10,000 new token holders in the past 30 days, bringing the total DYDX holders to over 92,000. dYdX Labs President Eddie Zhang detailed an updated roadmap for 2026, focusing on deepening liquidity, expanding asset coverage, enhancing user experience, and pursuing institutional-grade innovation.
‍Evolving Signature Traps Drain Billions: Protect Your Crypto New threats target users at the signature prompt, leading to significant crypto losses. 'Drainer-as-a-service' kits are sophisticated, siphoning funds before on-chain transactions are visible. A key vulnerability lies in 'permit' signatures, which grant spending rights off-chain without immediate gas fees, akin to signing a blank check. Pre-sign protection, which simulates transactions and signatures in real-time, is crucial. Tools like Web3 Antivirus can flag dangerous approvals and suspicious contracts. Users should pause at the signature screen, verify spender, tokens, and amounts, avoid unlimited allowances, and use security tools. Revoking suspicious allowances and moving funds to a new wallet quickly after a potential mistake is vital. Platforms can integrate security APIs to embed these safeguards.
‍Shareholder Lawsuit Challenges Strive-Semler Scientific Bitcoin Treasury Merger A shareholder has filed a lawsuit against Semler Scientific, seeking to block the proposed merger with Strive. The plaintiff alleges the company's board provided misleading and incomplete financial information regarding the stock-for-stock transaction. The lawsuit, filed in the US District Court for the Northern District of Illinois, accuses Semler Scientific and its directors of violating securities laws by failing to disclose sufficient details on the deal's financial fairness. The plaintiff is requesting an injunction to halt the shareholder vote or, if the merger proceeds, its cancellation or monetary damages. This legal action casts scrutiny on two prominent Bitcoin treasury holders. Strive holds 5,885 BTC and Semler Scientific holds 5,021 BTC. The case highlights the importance of transparency in corporate mergers involving substantial cryptocurrency assets.
‍3iQ and Further Partner to Launch Institutional Digital Asset Hedge Fund Global firms 3iQ Corp. and Further have announced a strategic partnership to launch a new digital asset multi-strategy hedge fund. This initiative targets institutional investors, aiming to provide secure and risk-managed exposure to the digital asset economy. The fund leverages 3iQ's expertise in institutional-grade digital asset solutions and Further's deep understanding of the blockchain ecosystem. Key benefits include enhanced security, risk-managed strategies, operational simplicity, and transparency. "Digital assets are becoming a permanent allocation in institutional portfolios," stated Faisal Al Hammadi, Managing Partner at Further. Pascal St-Jean, President & CEO at 3iQ, added that the partnership will enable institutions to allocate "easily and securely."