₿ Strive buys 6,182 BTC for $511 million and enters the top 5
Strive (ticker: ASST,l) acquired 6,182 BTC for $511.4 million at an average price of $82,732 per coin. Its total reserves grew to 43,000 BTC, worth approximately $3.45 billion.
This makes Strive the fourth-largest publicly traded corporate holder of Bitcoin—and it trails second-place Metaplanet by only about 1,000 BTC. The company also announced a new $1 billion preferred stock program to further boost its reserves.
The purchase came amid a pause in Strategy’s accumulation. Strive co-founder Vivek Ramaswamy received a vote of confidence from Michael Saylor, who publicly highlighted the significance of the deal.
Pump.fun accused of deliberately getting traders hooked on gambling
A class-action lawsuit has been filed against the platform. The plaintiffs claim they accessed around 5,000 internal team messages. According to the allegations, the developers deliberately turned memecoin trading into something like slot machines:
🔸 Maximum excitement and nonstop trading
🔸 Users lose money but keep coming back
🔸 The platform earns fees regardless of traders’ results $SOL $PUMP
🔐 A vulnerability in a Bitcoin wallet allowed funds to be stolen without private keys
A critical vulnerability was discovered: an attacker’s server could replace a manual fee increase with a payment confirmation benefiting the attacker. In other words, users thought they were simply speeding up a transaction, but were actually signing a transfer to someone else’s address.
The vulnerability was fixed in version 4.8.3. If you use the affected wallet, updating is essential. $BTC $USDC
📢 Ripple Swell, the Fed decision and DTCC launch: a packed week for XRP
XRP is heading into one of the busiest weeks of the year, with three major events that could affect the asset.
The Ripple Swell conference will take place in New York on October 27–29. On the same dates, the Fed will announce its interest rate decision, with markets largely expecting rates to remain unchanged. Meanwhile, DTCC is launching its asset tokenization service.
Each of these events is significant for the crypto market in its own right, and their timing makes this an especially important week for XRP holders. $XRP
Ethereum leads the tokenized fund market with $34.2 billion, representing 47.1% of the total on-chain capitalization in this segment.
These figures confirm the network’s key role in the blockchain ecosystem: despite competition from other L1s and L2s, Ethereum remains the primary platform for tokenized financial products. $ETH
Renowned economist Peter Schiff predicts that after reaching $80,000, BTC’s next target is $75,000.
"If this level doesn’t hold today, the weekend will be tough for BTC holders. This is especially true for U.S. spot ETF investors, who won’t be able to sell their assets until Monday." The average purchase price through ETFs is estimated at $81,000. $BTC
🇺🇸🇮🇷Trump again threatened Iran with large-scale strikes
The US president said the “Epic Fury” military operation could be repeated if Tehran does not agree to a deal. Trump himself, however, doubts that Iranian officials are willing to make concessions.
As the US military buildup in the region intensifies, the threats are sounding increasingly serious.
The main risk for markets is possible strikes on oil infrastructure and disruptions in the Strait of Hormuz. Such a scenario could send oil prices sharply higher and trigger a new wave of volatility in the crypto market. $BTC $ETH $USDC
The volume of funds locked on the network plunged from $158 million to $42 million after the Extended exchange moved to another blockchain. Perpetual futures trading fell from $280 million to zero. As a result, rumors emerged that Starknet might shut down. $STRK
🚓 Interpol and UAE authorities uncover more than $39 billion in fraud schemes
A large-scale operation involving 30 countries and 13 companies uncovered fraud schemes involving fiat currency and cryptocurrency worth more than $39 billion. More than 960 people were arrested, and raids were conducted at 29 scam centers. The question of whether the billions will be returned to victims remains open. $NEAR $RENDER
Trump claims Iran is deliberately driving up oil prices ahead of the U.S. midterm elections by staging attacks and spreading reports of mines. $TRUMP $WLFI $USD1