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Chris Larsen’s XRP sales have now totaled more than $764 million in realized profits, according to analysts — a figure drawing renewed attention as his latest $120 million transfer coincides with continued market uncertainty.

The U.S. government shutdown continues, Bitcoin price rebounds; Meteora founder accused of token manipulation; Hyperliquid Strategies plans to raise 1 billion USD; Tesla’s Bitcoin holdings have yielded an 80 million USD profit; crypto industry leaders discuss regulatory legislation. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

Investors have filed a U.S. class action lawsuit accusing Meteora co-founder Ben Chow of orchestrating a meme coin fraud tied to Melania Trump and Argentine President Javier Milei. Plaintiffs say the public figures were used as “props” in a liquidity trap, while Chow denies wrongdoing. The case highlights growing scrutiny of Solana’s meme coin market and regulators’ uncertain stance worldwide.

September was a busy month with RWA Summit, KBW, and Token2049 back-to-back. One point is clear: tokenized securities are here to stay, and the questions revolve around “how” and “when” instead of “what” and “why.” Below are five takeaways and what they signal for the next year. Defi’s Utility is Undercounted Because the Best Infrastructure

An era of conversation has begun, the era of confrontation has ended

Standard Chartered believes Bitcoin’s next move below $100K could be its last, with gold rotations, liquidity trends, and resilient technicals pointing to a historic entry point before a new rally begins.

Several Asia-Pacific countries, including Hong Kong, India, Mumbai, and Australia, are resisting corporate hoarding of cryptocurrencies.

At this new historical starting point, the entire industry is working together to move toward a more open, interconnected, and efficient future.

A new report reveals North Korea stole $2.8B in crypto since 2024, using sophisticated nine-step laundering to convert assets into fiat via brokers in China and Russia.

Investing globally no longer requires a cross-border identity, just a Bitget account.
- 15:38Giggle Academy: Has never issued any tokens or smart contractsChainCatcher news, Giggle Academy posted on social media that it has recently discovered individuals impersonating its official team and community to create fake token projects. The official statement emphasized that Giggle Academy has never issued any cryptocurrency, token, or smart contract address, nor has it participated in any investment projects. Giggle Academy stated that its mission is to promote free, high-quality education worldwide and it will never request funds or ask users to download applications via private messages. The team reminds users to be cautious of suspicious links and scams, and to immediately report any impersonators encountered to prevent financial loss.
- 15:38Rumble to launch Bitcoin tipping feature for 51 million monthly active users in DecemberChainCatcher news, according to CoinDesk, video sharing platform Rumble plans to officially launch its Bitcoin tipping feature in mid-December, making it available to its approximately 51 million monthly active users. This feature is jointly developed by Rumble and Tether, allowing users to directly send BTC tips to creators through an in-app digital wallet, expanding revenue channels for content creators. The system is currently still in the testing phase, and the first Bitcoin tip has already been sent by a viewer to Canadian creator David Freiheit. This news was announced at the Plan ₿ Forum held in Lugano, Switzerland.
- 15:02Nobel laureate: The U.S. economy is in an abnormal state, with key sectors facing development obstaclesJinse Finance reported that on October 22 local time, Nobel Prize-winning economist Paul Krugman published an article on the US subscription platform Substack, stating, "At present, the US economy is in an abnormal state on multiple levels. The most direct issue is that the government shutdown has delayed the release of the September employment report, leaving policymakers in a state of 'partial blindness'." He pointed out that while US economic data appears acceptable on the surface, a deeper analysis reveals that many objective indicators show the US economy is flashing red lights. He said this "abnormal" state is first reflected in the severe divergence of the economy: while the artificial intelligence sector is booming, other sectors are stagnating. Secondly, the economy is showing a "frozen" state in many aspects: although there have not yet been large-scale layoffs, it is very difficult for the unemployed or those just entering the labor market to find new jobs. Thirdly, although investment in the artificial intelligence sector has driven economic growth, this growth is showing a "K-shaped divergence," and the signals of distress among middle- and low-income consumers have become very obvious. (Golden Ten Data)