Legal & Regulatory - A U S class-action lawsuit accuses Meteora founder Benjamin Chow of leading meme coin scams [1] - The lawsuit alleges Melania Trump and Argentine President Javier Milei were used as promotional fronts [1] - Chow allegedly coordinated at least 15 pump-and-dump tokens [1] - A judge has unfrozen $576 million USDC tied to the case [1] Cryptocurrency & Meme Coins - The meme coins involved are named "MELANIA" and "LIBRA" [1] - Kelsier Ventures and the Davis family are also implicated in the alleged scheme [1]

Nate Geraci, president of The ETF Store, noted that traditional asset manager T. Rowe Price, founded in 1937, has filed for an actively managed cryptocurrency ETF. The firm, which oversees roughly $1.8 trillion in assets, only entered the ETF space in 2020, making this filing a significant milestone marking its direct entry into the crypto market.https://t.co/cnEr4Eth9u ...

Product Launch - Coinbase launched "Payments MCP" to enable LLMs to perform wallet operations, fiat on-ramping, and stablecoin payments via natural language [1] - The tool, developed by Coinbase Developer Platform, supports local deployment and customization [1] Industry Impact - The initiative aligns with the x402 Foundation, backed by Coinbase and Cloudflare, to standardize AI-driven payments [1] - The goal is to bridge mainstream LLMs with the crypto economy [1]

Hyperliquid Strategies Inc. has filed an S-1 registration statement with the U.S. Securities and Exchange Commission to offer up to 160 million shares of common stock through a committed equity facility with Chardan Capital Markets, seeking to raise as much as $1 billion. The company plans to use the proceeds for general corporate purposes, including potential purchases of HYPE Tokens. https://t.co/ogvwsLVfoY ...

Valuation & Funding - Kalshi's valuation has potentially doubled in weeks, from $5 billion to over $10 billion [1] - Kalshi received venture capital funding offers valuing the company at over $10 billion [1] - Kalshi closed a $300 million funding round at a $5 billion valuation [1] - Kalshi raised $185 million at a $2 billion valuation in June [1]

Market Dynamics - DraftKings' acquisition of Railbird signals expansion into prediction markets [1] - Polymarket will act as the clearinghouse for DraftKings' prediction market [1] - This move expands Polymarket's B2B operations [1] - Kalshi has surpassed Polymarket in sports betting volume since September [1] - Both Kalshi and Polymarket have signed multi-year licensing agreements with the NHL [1]

Andreessen Horowitz (a16z) in its 2025 State of Crypto Report stated that annual stablecoin transaction volume reached $46 trillion (adjusted to $9 trillion), monthly active crypto wallet users ranged from 40 to 70 million, and blockchains are now processing over 3,400 transactions per second. The total crypto market capitalization has surpassed $4 trillion. a16z described the industry as moving from its “adolescence” into “adulthood.” https://t.co/BjQyTaLdiE ...

Financial Performance - Kraken 第三季度收入为 6亿4800万美元，同比增长 114% [1] Trading Volume & Assets - Kraken 平台总交易额达到 5619 亿 美元 [1] - Kraken 平台持有的资产增长 89% 至 593 亿 美元 [1] User Growth - Kraken 平台注资账户数量增长 46% 至 520 万 [1]

Listing Information - BNB will be listed on Coinbase platforms, including coinbase․com, the Coinbase app, and Coinbase Advanced [1] - Institutions can directly access BNB via Coinbase Exchange [1]

Real-time blockchain project MegaETH will launch a public sale on October 27 via Sonar on the Echo platform, starting at a $1 million FDV and capped at $999 million. The sale will use an English auction to sell 5% of total MEGA supply. MegaETH has raised $30 million to date from investors including Dragonfly and Ethereum co-founder Vitalik Buterin.https://t.co/BRoZ5hvjsU ...