Bubblemaps puts Kimchi’s TRUMP gains near $6M
- Trencher
- Shitposter
- Shiller
Bubblemaps challenged the $40 million figure attached to Kimchi’s TRUMP trades, putting his gains near $6 million. The investigation follows his Pump partnership.
Bubblemaps challenged the $40 million figure attached to Kimchi’s TRUMP trades, putting his gains near $6 million. The investigation follows his Pump partnership.
A trader put KIMCHI’s market cap at $8.87 million, down from a $48 million peak. Claims that Kimchi’s account was SIM-swapped remain disputed, with Pump.fun CEO Alon also facing criticism for reposting a token promotion from the account.
Tether froze about $2.2 million in USDT linked to roughly $16 million in CoinDCX wallet outflows. CoinDCX says it covered losses on deposits to retired addresses, but ZachXBT disputes that account and says compromised addresses remained active through May 2026.
An Argentine judge dismissed the LIBRA criminal case against Javier Milei and ten others, ruling that the conduct did not constitute a criminal offense. Proceedings will be archived once the decision becomes final.
The OCC’s final GENIUS Act rules take effect January 18, 2027, adding requirements for reserves, redemptions, capital and smart contract security. Issuers cannot pay yield, and third-party rewards remain subject to case-by-case review.
Bitcoin’s hashrate has risen above 1 ZH/s to a seven-month high despite some miners shifting capacity to AI infrastructure.
US spot Bitcoin ETFs recorded roughly $635 million in net outflows on October 22, their largest daily withdrawal since June 25. BlackRock’s IBIT led with $254 million in outflows.
SoFi launched SoFi Earn with 4.40% variable APY on SOFIE deposits, which share an FDIC insurance limit with other individual SoFi deposits. Members must convert into SoFiUSD or another crypto asset for onchain transfers, ending deposit protection on the converted amount.
LG CNS partnered with Chainlink to add oracle, cross-chain and orchestration tools to its digital asset platform for Korean institutions. The partnership also targets wider use of Korean won stablecoins.
Franklin Templeton filed on October 22 to register FBEQ and FIBT for Nasdaq trading, with an October 27 effective date listed in the prospectus. Both start at 95% US stocks and 5% Bitcoin, then direct stock dividends into Bitcoin exposure.
Pump.fun announced a two-week trading contest with $2.5 million for the three squads with the highest PNL. Signups close October 26, with prizes of $1.5 million, $750,000 and $250,000.
a16z is renaming its crypto arm a16z Frontier and widening its focus to AI and other emerging technologies. The firm plans to keep investing in blockchain and advocating for crypto regulation.
The SEC published its fiscal 2027 examination priorities and specifically named tokenization risks. The priorities guide scrutiny of regulated firms using new market structures and technology.
Bitcoin is holding near the $80,000 floor of its October trading range despite ETF outflows and a tech selloff. StoneX sees room for a retest of $88,000 if news improves.
Bitcoin traded below $82,000, with an order wall flagged near $81,000. Nebraskangooner says buyers need to reclaim $82,200 by the weekly close to avoid testing lower moving-average support.
Six more companies, including Wells Fargo and Intuit, have objected to OKX-ICE tokenizing their shares, bringing the total to 22 of 63 planned listings.
LACMA’s digital art gift of more than 200 works includes eight Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs. The eight NFTs were donated through @DigitalArtMove, an initiative approved and funded by ApeCoin DAO.
Bitcoin reversed a push above $84,400 and has struggled to hold gains around $83,000. Traders are watching $80,000–$80,400 for support, with a break below $80,000 risking a move toward $72,000–$75,000.
JPMorgan made its tokenized money market funds MONY and JLTXX available on Solana. Qualified US investors can access them through Morgan Money.
A Circle shareholder filed a derivative suit against Trump and World Liberty Financial over UAE-linked crypto deals; Circle reportedly says it did not authorize the suit. The complaint alleges that MGX’s $2 billion Binance investment using USD1 costs Circle $70 million to $82 million a year in USDC reserve income.
Lodestar released v1.50.1 to remove Hoodi’s postponed October 26 Glamsterdam activation. Hoodi operators must remove the schedule from both consensus and execution clients; mainnet is unaffected and no replacement date is set.
Kimchi removed Pump.fun from his bio after a token promoted from his account crashed. He claimed he was hacked, and the status of his promotional relationship with Pump.fun remains unclear.
Fomo began publicly rolling out its own bridge after a week of limited access, claiming cross-chain transactions land in under one second.
Aave lets eligible investors borrow USDC against Coinbase tokenized stocks on Base.
Bitcoin recorded its first daily close below its 50-day moving average in over two months. It is trading around that level, with traders watching for a daily close above $82,000.