Crypto Industry News & Market Trends

Trump Is Hosting Yet Another Meme Coin Dinner: Here Are the Details

In briefThe TRUMP meme coins top 185 holders will attend a Nov. 22 gala dinner with President Trump at his Virginia golf club, though no attendee will get a private meeting with him.The event follows the Clarity Acts Sept. 15 Senate failure, where restrictions on Trumps crypto holdings were a central sticking point.Trump earned more than $635 million from the meme coin in 2025, mostly from licensing royalties, according to his financial disclosure.　　President Donald Trump is putting another dinner on the table for his biggest meme coin backers, just weeks after a fight over his crypto interests helped sink the industrys top legislative priority.　　The official account for the TRUMP meme coin announced Wednesday on X that top holders will attend a “gala dinner” with Trump and three as-yet-unnamed “superstars” on Nov. 22. The event will take place at Trump National, the Washington-area Virginia golf club that hosted the tokens first dinner last year.　　Myriad: Where does Solana go next？ Click to make your prediction.　　Seats go to the top 185 registered holders, according to the event page run by Fight Fight Fight LLC, the company behind the coin. Holders are ranked by a time-weighted score that rewards holding more tokens for longer,

Within 1 weeksIndustry

Six US banks have failed in 2026 but the numbers look nothing like 2023

Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself.　　But before we start reliving Silicon Valley Bank, its worth looking at what those six banks actually held: about $1.43 billion in combined assets, compared with roughly $552.54 billion at the banks that failed in 2023, according to historical numbers from the Federal Deposit Insurance Corporation (FDIC).　　Counting each bank as one gives you a perfectly accurate number and a pretty lousy sense of scale. This years total includes a lender with $3.73 million in assets, which gets the same vote in the tally as a bank the size of SVB.　　Related Company Silicon Valley Bank Commercial banking company　　Meanwhile, FDICs latest industry assessment shows stronger profits and fewer banks on its problem list. That doesnt mean the six failures were harmless, or that every surviving bank is doing well, but anyone selling a 2023 rerun has some explaining to do.　　Nano Bancs Sept. 25 closure brought the count to six and supplied the largest failure of the year so far. The Irvine, California, lender reported $736 million in assets, and the FDIC estimated a $114 million cost to

Within 1 weeksIndustry

The Pope Has Thoughts on AI Art—And They're Not Flattering

In briefPope Leo XIV said in an Oct. 2 post on X that there is an “ontological difference” between human art and what machines generate.He said the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”The post follows a May encyclical on AI and a Sept. 25 speech in Paris in which he cited it.　　Pope Leo XIV said Friday that there is an “ontological difference” between human art and what machines generate, and that the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”　　The pope posted the message on X, where he has shared AI warnings before.　　Myriad: Who wins the midterm elections？ Click to make your prediction.　　“There is an ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others. Algorithms lack the spark of humanity,” the Pope wrote.　　“Ontological” is philosophy-speak for what something fundamentally is, as opposed to how it looks. His point is, essentially, that a painting by a person and an image from a model can look alike and still be totally different things. He says that gap exists before

Within 1 weeksIndustry

Bitcoin Price Gets Squeezed at $84K as $85K Becomes the Next Test

Bitcoin traded between $84,614 and $84,887 on Saturday, Oct. 3, 2026, after a sharp rejection from a 24-hour intraday high of $87,085, leaving the market wedged between short-term consolidation and a broader bullish structure. The immediate tape has cooled, but every tracked moving average remains bullish while the oscillators are largely neutral, creating a technical tug-of-war as bitcoin searches for its next directional leg.　　Key TakeawaysBitcoins price holds near $84,600 to $84,887 after retreating from the $87,219 area.BTC faces its first upside trigger between $85,000 and $85,500.Bitcoins 12 tracked moving averages remain bullish as MACD signals a bearish reading.　　1-Hour Chart: Bitcoin Builds a Tight Base After the Sell-Off　　The 1-hour chart shows bitcoins price settling into consolidation after falling from $87,219 to $83,841, with the price subsequently building a narrow shelf around $84,400 to $84,700 as volume steadily declined. That compression puts $84,800 to $85,000 in the spotlight as the first upside trigger, while a clean hourly break accompanied by expanding volume would bring $85,500 and then $86,000 to $86,500 into view.　　BTC/USD 1-hour chart via Bitstamp on Oct. 3, 2026.　　On the flip side, losing $84,300 would expose $83,841, followed by $83,500. A defended retest of $84,300 to $84,500 offers a clearer short-term

Within 1 weeksIndustry

Stellar Unlocks New DeFi Milestone at Over $273 Million

As Stellar continues to prove itself as a fast-growing crypto project, challenging XRP even across the DeFi ecosystem, the network has just reached a new milestone.　　With the network seeing increased participation among users, it has subsequently recorded notable growth across its DeFi applications, pushing it to reach a new record in its total value locked as of October 2.　　Stellar TVL hits all-time high　　Per the latest data from DeFiLlama, Stellar has seen its DeFi TVL surge to nearly $273 million, marking the highest level it has ever reached since it launched.　　This new record has drawn attention from market participants as it has come just one week after it initially climbed to about $265 million.　　This suggests that Stellar has continued to witness steady growth of capital deployed across protocols based on its network, driving further growth in its native token, XLM.　　In addition to its record TVL growth, the network has also recorded substantial increases in its onchain activity. Stellar now boasts about $934.54 million in stablecoin market capitalization and about $2.82 billion in active real-world asset (RWA) assets under management.　　Stellar active addresses near 100,000 milestone　　Following the surge in its DeFi performance, user participation in the Stellar network has also continued to increase,

Within 1 weeksIndustry

Ripple President Highlights XRP Ledger's Next Big Institutional Growth Phase

The XRP Seoul event is happening now at the Grand Hyatt Seoul with more than 5,000 attendees. One of the major highlights of the event was Ripple President Monica Longs discussion about how financial institutions are moving on-chain, using XRPL for collateral mobility, tokenized assets, and payment infrastructure.　　The discussion was moderated by Christina Chan, Senior Director of Ecosystem Growth at Ripple, on how Ripple is bringing XRP utility to institutional finance.　　The XRPSeoul2026 X account posted key takeaways from the much-anticipated fireside chat with the Ripple President, including institutional shift and capital market use cases, building institutional-grade rails on XRPL and ecosystem growth, and predictions for the future.　　Regulatory clarity is propelling financial institutions from experimenting with blockchain to deploying on-chain infrastructure, with an emphasis on 24/7 collateral mobility through tokenized money market funds, treasury-backed repos, and cross-border payments enabled by stablecoins.　　To meet enterprise requirements, Ripple is expanding XRPLs capability stack with permissioned privacy controls, native yield and lending protocols using XRP/RLUSD, and decentralized exchange (DEX) payment integration handled directly by Ripple to reduce customer complexity.　　XRP Ledger aims to achieve exponential growth over the next year through regional incubators such as the Korea Financial Innovation Program and partnerships with top-tier institutions. It

Within 1 weeksIndustry

Chainalysis AI traces $387M Bitget hack in under 10 minutes

Chainalysis has used its in-house AI to cut more than 20 hours of manual bridge reconciliation to under 10 minutes while investigating the $387 million stolen from Bitget.　　SummaryChainalysis says AI accelerated cross-chain matching while investigators directed the work and reviewed results.The firm attributes the attack to North Korean actors, putting their 2026 theft above $1 billion.Investigators tracked stolen XRP through cross-chain swaps to Bitcoin addresses controlled by the attackers.Bitget has offered separate 5% rewards for qualifying help freezing and recovering stolen funds.　　Chainalysis said in its Oct. 1 report that investigators built custom automation to connect transactions across blockchains after the Sept. 24 breach. The reported time saving concerned matching bridge deposits with payouts, one part of an investigation involving Bitget and law enforcement partners.　　Working around the clock, the firms investigation team used the tools to follow fragmented transaction trails and share findings with the exchange and authorities. According to the report, newly identified addresses received stolen-fund labels within minutes, making the information available to compliance teams through its data platform.　　Chainalysis AI matched transfers while investigators directed the case　　Under the process described by the firm, investigators set the matching rules, checked the results, and decided which leads to pursue. Its AI

Within 1 weeksIndustry

Leveraged funds Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink

Leveraged funds reported Bitcoin futures shorts fell by about 5,300 BTC-equivalent in the week to Sept. 29, narrowing their net short even as their aggregate long exposure shrank.　　Related Asset Bitcoin #1 BTC · $84,851.68 24-hour change: down 0.47% Loading price history… 24H Down 0.47% 7D Up 0.85% 30D Up 4.37%　　The Commodity Futures Trading Commission‘s latest futures-only figures, released in the Oct. 2 reporting cycle, cover CME standard and micro Bitcoin futures plus Coinbase Derivatives’ nano Bitcoin and nano perpetual-style futures. The totals convert different contract sizes into BTC-equivalent exposure; they describe futures positions, not transfers of physical bitcoin.　　Compared with Sept. 22 positions, the funds reported shorts fell 5,299.69 BTC-equivalent and longs fell 908.99 BTC-equivalent. Their net short consequently narrowed by 4,390.70 BTC-equivalent, from 40,110.83 to 35,720.13. Their combined short exposure still exceeded their longs. These long and short columns exclude separately recorded, offsetting spread positions.　　A better net figure can result from shrinking positions on both sides when shorts fall faster. In this snapshot, aggregate futures long exposure did not expand.　　The individual products did not move uniformly. Standard CME futures accounted for 4,310 BTC-equivalent of the reduction in reported shorts, while their leveraged-fund longs increased 1,175 BTC-equivalent. Longs fell in CME

Within 1 weeksIndustry

Greek police arrest 17 in crypto fraud scheme exceeding $8M

Greek police have arrested 17 people in an alleged cryptocurrency investment scheme that authorities estimate collected more than $8 million from at least 10,000 participants.　　Hellenic Police said in an Oct. 2 statement that investigators in Katerini uncovered a suspected pyramid operation using company structures and an online platform to present cryptocurrency investments as legitimate.　　Greek crypto fraud suspects allegedly used recruitment bonuses　　ERT News reported that nine of the arrested suspects were military personnel, including two noncommissioned officers allegedly holding leadership roles.　　Citing information obtained by reporter Giorgos Gerafentis, the broadcaster said members received bonuses for bringing new participants into the platform. Its account described a hierarchy in which alleged leaders controlled the operation while recruits helped attract further investment.　　According to ERTs reporting, the operators initially gave participants the impression that their investments could generate profits, before failing to return the money they had deposited.　　The broadcaster placed the suspected networks offices in Katerini, Thessaloniki, Larissa, Patras and an island in the Dodecanese. ERT also reported that the case file included nine additional Greek suspects, among them another member of the armed forces.　　In the police account, the operation had been active since at least 2025 and offered guaranteed high returns with little or no

Within 1 weeksIndustry

Shiba Inu Developer Breaks Months-Long Silence Amid Shibarium Speculation

Amid Shibarium speculation, Shiba Inu developer Kaal Dhairya has broken months of relative silence on X with a brief reply: “Yours truly.”　　Before now Dhairya last posted on X on July 25, when he reacted to Shiba Inus price rise, maintaining months of silence, similar to Shiba Inu lead ambassador Shytoshi Kusama, who last posted or interacted on X on May 13.　　The Shiba Inu developers response comes after an X user raised an interesting question about the cost of maintaining a Layer 2 network.　　Citing Ethereum Layer 2 network Blasts decision to wind down operations, X user Ed Salomons asked who is paying for the hardening, updates, and ongoing maintenance of Shibarium. Dhairya replied, “Yours truly.”　　Ethereum Layer 2 chain Blast announced that it would wind down its network because operating costs exceeded revenue and the project saw no credible path to economic sustainability. Blast users have been given until Oct. 26 to withdraw assets through its interface.　　This development raised concerns about Shibarium being an Ethereum Layer 2 itself. Dhairyas response shows that Shibarium isnt abandoned, but it doesnt provide details on the amount being spent, the specific entities involved, or the long-term funding structure supporting the network.　　Shibarium abandoned？　　Shibarium continues to receive infrastructure

Within 1 weeksIndustry

...

3133

...

1000