‍George Kikvadze's Memoir Chronicles Bitcoin's Ascent and Foresees AI Convergence George Kikvadze, a key architect of Bitcoin's infrastructure, is releasing his book, "And Then You Win," on October 31. The memoir details building Bitcoin's foundational architecture, influenced by Kikvadze's experiences with fiat system fragility in Soviet Georgia. The book highlights Bitcoin's journey to mainstream acceptance, citing Paul Tudor Jones' comparison to gold and BlackRock's Bitcoin ETF launch as pivotal moments. Kikvadze emphasizes building over trading, noting Bitfury's role in ASIC chip design and network security, leading to successful spin-offs like Cipher Mining. Kikvadze shares leadership principles for volatile markets, including relentless adaptation and listening. He predicts the next major advancement will be the convergence of blockchain and AI, termed "Freedom Tech," enabling decentralized compute and data integrity for advanced intelligent systems.
‍Kraken Leads EU Crypto Lobbying Amidst MiCA Implementation Kraken's parent company, Payward, significantly increased its lobbying expenditure in the EU for 2024, spending between $323,000 and $430,000. This surge in advocacy efforts by major crypto exchanges like Kraken and Coinbase coincides with the full implementation of the Markets in Crypto-Assets Regulation (MiCA) and the upcoming Anti-Money Laundering Regulation (AMLR) in the European Union. The heightened engagement reflects the industry's strategic focus on shaping the evolving regulatory landscape across the bloc.
‍Whale.io Announces First $WHALE Airdrop for Crock Dentist NFT Holders Whale.io is set to conduct its first airdrop for Crock Dentist NFT holders this weekend. This distribution rewards early adopters and highlights the platform's commitment to community value. The 1,000 limited-edition Crock Dentist NFTs have seen strong adoption, with over 300 unique holders and active secondary market trading on Magic Eden. Whale.io provides live game statistics, showing over $250,000 in turnover. The game's 2% house edge is dedicated to funding airdrops for NFT holders. The initial airdrop is projected to exceed $5,000 in $WHALE tokens, with each NFT entitling holders to 0.1% of the distribution. The $WHALE token is the utility token for the Whale.io ecosystem, used for gameplay, battle pass purchases, and staking rewards. The platform is also running social campaigns to offer chances to win Crock Dentist NFTs.
‍Architect Financial Brings Perpetual Futures to Traditional Markets Former FTX US President Brett Harrison's new venture, Architect Financial Technologies, aims to introduce perpetual futures contracts ("perps") to traditional finance. This crypto-native derivative, known for its lack of expiration dates and leveraged trading, has been instrumental in the growth of crypto trading volumes. While perps offer continuous trading opportunities, they are high-risk instruments that have attracted regulatory scrutiny, particularly following past exchange collapses. Architect Financial, now approved in Bermuda, plans to offer perps on traditional assets like stocks, commodities, and currencies, bridging innovative crypto instruments with established financial markets.
‍Perpetual Futures Trading: Easy Access, High Risk Perpetual futures, offering high leverage, are now integrated into popular crypto wallets like MetaMask and Phantom, and Telegram mini-apps such as Blum. This increased accessibility, while boosting liquidity, exposes potentially inexperienced traders to significant financial risks. "Perps" allow leveraged bets, historically found on offshore exchanges. Now, direct wallet integration lowers entry barriers, eliminating the need for exchange accounts and KYC. This trend contributes significantly to wallet revenue. The primary danger is liquidation, where positions are forcibly closed, leading to substantial losses. While educational resources are being introduced, critics argue they are insufficient compared to centralized exchanges. Experts warn that leveraged products require active management, not passive trading. Responsible trading, including stop losses and profit targets, is crucial for newer crypto traders.
‍Armada II Rebrands to XRPN, Launching $1 Billion XRP Investment Strategy Armada Acquisition Corp. II will officially change its NASDAQ ticker symbol to "XRPN" on October 30, 2025. This rebranding marks its evolution into an institutional XRP digital asset treasury with a $1 billion strategy for regulated XRP exposure. The company's partnership with Evernorth Holdings, Inc. has secured over $1 billion in gross proceeds. These funds will be used for open-market XRP purchases, aiming to grow XRP per share through yield strategies and ecosystem participation. Michael Arrington, founder of Arrington Capital, expressed strong conviction in Evernorth's potential to drive shareholder value.
‍Binance Web3 Wallet Partners with Bubblemaps to Enhance Transparency Binance Web3 Wallet has integrated with blockchain data platform Bubblemaps to provide users with advanced tools for analyzing on-chain activities. This collaboration aims to help users identify potential insider trading and token manipulation through Bubblemaps' data visualization capabilities. Bubblemaps' platform visualizes complex blockchain data, allowing users to analyze token distribution and wallet clusters to detect suspicious patterns. The platform has a history of identifying illicit activities, including insider token sales and questionable team wallet movements, such as in the case of the MELANIA token. This partnership seeks to foster a more transparent and secure crypto environment.
‍Everstake & Colossus Digital Launch Custody-Controlled Staking for Institutions Everstake and Colossus Digital have partnered to offer secure, custody-controlled staking for financial institutions. This collaboration integrates Everstake's validator infrastructure with Colossus Digital’s Institutional Hub. The partnership addresses regulatory and compliance challenges, allowing institutions to stake assets like Ethereum and Solana directly from preferred custodians (e.g., Fireblocks, Ledger Enterprise) while maintaining full control and adhering to existing governance and security policies. This solution aims to unlock scalable institutional participation in staking rewards without operational trade-offs.
‍CZ Warns Investors as Memecoin Crashes 86% Binance founder Changpeng “CZ” Zhao has cautioned the crypto community against investing in a memecoin that rapidly lost 86% of its value. The token, launched following the creation of a golden statue of Zhao by a fan page, saw its value plummet within hours. Zhao stated the creators likely aimed to profit from an interaction with him, urging users not to purchase the token. Data from Nansen shows the CZ STATUE token crashed from a $5.10 million market cap. Nansen also identified a red flag: over 15% of the supply was held by a new wallet, suggesting potential insider activity. Memecoins often lack utility, relying on hype, and are highly volatile.
‍DeFi Needs Smarter Wallets for 24/7 Automated Protection The 24/7 nature of cryptocurrency markets poses significant challenges for investors, leading to burnout. Unlike traditional finance (TradFi), DeFi lacks automated protections, leaving users constantly exposed to risk. This highlights an urgent need for "smarter wallets" with automated safeguards. Current wallets function as passive vaults requiring manual approval for every action, a model incompatible with continuous crypto market operations. Co-founder of Glider, Brian Huang, notes this forces constant monitoring and risk management, leading to burnout. The Terra UST collapse in 2022, where the stablecoin depegged significantly in just four hours, resulted in overnight losses for many users due to the absence of auto-sell features. TradFi offers lessons with mechanisms like stop-loss orders and robo-advisors. For DeFi to grow, wallets must evolve into intelligent partners, automatically protecting positions and rebalancing assets. This "codified control" allows users to define goals and risk parameters without relinquishing sovereignty, fostering confidence and paving the way for wider adoption.