Libre and TON Foundation Launch $500 Million Fund to Tokenize Telegram's Corporate Debt

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Libre and the TON Foundation have introduced a $500 million tokenized fund on The Open Network, enabling investors to access Telegram's corporate debt through the blockchain. This move marks one of DeFi's largest institutional RWA initiatives, with plans for further asset offerings.

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Solana Liquid Staking Protocol Jito Raises $50 Million From Andreessen Horowitz

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Andreessen Horowitz's crypto arm invested $50 million in Jito, a protocol supporting Solana, fostering long-term alignment. This deal marks the largest commitment from a single investor in Jito, encouraging liquid staking for validators.


Decentralized Solar Network Daylight Energy Raises $75 Million

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Daylight Energy has secured $75 million in financing to expand its decentralized solar network, with $15 million in equity from Framework Ventures and $60 million in project financing from Turtle Hill Capital. The company plans to fund installations of home solar and battery systems on its Daylight Network.


Eric Trump Says Family Has Earned More Than $1 Billion From Crypto

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President Donald Trump's involvement in the crypto industry has led to significant profits for his family, with estimates exceeding $1 billion. The family's ventures include a stablecoin project, NFT trading cards, meme coins, and a Bitcoin mining firm.


Coinbase Launches Platform for Businesses to Process Payments, Earn Yield on Stablecoins

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Coinbase has introduced Coinbase Business, an upcoming financial platform for small- and medium-sized businesses to handle crypto, manage assets, and earn yield on stablecoins. The platform offers features like instant settlements, multi-user access, and integration with accounting software. Businesses can earn up to 4.1% APY on USDC balances.


Ripple Just Dropped $1 Billion on a Treasury Management Firm

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Ripple acquired software firm GTreasury for $1 billion, aiming to enhance corporate treasuries managing crypto. The move aligns with Ripple's goal to facilitate money transfer and optimize capital utilization in the financial world.


BlackRock Overhauls Money Market Fund to Cater to Stablecoin Issuers

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BlackRock is retooling one of its money market funds to cater to U.S. stablecoin issuers under the GENIUS Act. The fund, BSTBL, will adjust its investments to comply with the act and meet the liquidity needs of stablecoin issuers, reflecting increased demand in the digital payments ecosystem.


SharpLink Reveals Share Sale as Ethereum Buys Cool

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SharpLink Gaming, Inc. has announced a $76.5 million registered direct offering of 4.5 million common shares at $17 each, aiming to boost its Ethereum holdings after a period of slower acquisitions. The company now holds 840,124 ETH, valued at $3.38 billion, while BitMine Immersion Technologies continues to increase its Ethereum reserves significantly.


Bitcoin Hash Rate Dipped in First Half of October: JPMorgan

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JPMorgan reported a 5 exahashes per second decline in Bitcoin network hashrate, now averaging 1,030 EH/s. U.S.-listed miners tracked by the bank make up about 38% of the global network's computational power, impacting mining profitability and industry competition.


Tether Donates $250K to Support Bitcoin and Open-Source Tech

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Tether, the largest company in the digital assets space, has donated $250,000 to OpenSats, a charity supporting Bitcoin and open, censorship-resistant technologies. The donation will fund free and open-source initiatives, including protocol development and education, to strengthen the ecosystem.


London Police Arrest Five Men in Connection With Global Crypto Scam

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Five men have been arrested by the London Metropolitan Police for their involvement in a cryptocurrency investment scam that targeted victims worldwide. The suspects, aged between 21 and 37, are accused of running a fraudulent operation that may have caused victims to lose over $1.3 million.