U.S. Treasury Secretary Benson: Government Shutdown Costs Economy $15 Billion Daily
U.S. Treasury Secretary Benson stated, “The artificial intelligence boom has only just begun,” and noted that the government shutdown is costing the economy $15 billion daily.
BlackRock and Nvidia Lead $40 Billion Acquisition of Aligned
According to the Financial Times, a consortium including BlackRock, Nvidia, $xAI, and Microsoft is acquiring data center giant Aligned Data Centers for $40 billion. The venture plans to double the number of campuses in the US to 50 to meet the demand for artificial intelligence computing power.
Remixpoint Purchases 2.85 BTC More
According to BitcoinTreasuries, Japan-based public company Remixpoint has purchased 2.85 BTC more, bringing its total holdings to 1,381.83 BTC.
Zeta Network Group Secures $231 Million in Funding
Zeta Network Group (NASDAQ: ZNB), which trades on the US stock exchange, has completed a private placement worth $231 million. The funding will be made in $BTC or SolvBTC, and the proceeds will be used to strengthen its digital asset treasury.
Curve and Balancer Announce Partnership with X Layer
Curve and Balancer announced that they have deployed on OKX’s high-performance Layer 2 network, X Layer. This will allow users to access various DeFi transactions through the X Layer ecosystem.
Galaxy Digital Transfers 250,000 SOL ($51.69 Million) to Binance
According to Lookonchain data, Galaxy Digital deposited $250,000 SOL (approximately $51.7 million) to Binance.
Hyperliquid: No Listing Fee or Department, Entire Process Permissionless
Hyperliquid introduced its new system that requires no listing fee or approval. Anyone can distribute tokens by paying the $HYPE gas fee on-chain and earn up to 50% of the transaction fee revenue.
Ripple Partners with South Africa’s Absa Bank
Ripple announced its first major custody agreement in Africa, launching a digital asset custody service with Absa Bank, one of South Africa’s largest banks.
Thumzup Explores Dogecoin Integration
According to Trump Jr., Thumzup Media Corporation plans to add Dogecoin ($DOGE) integration to its payment infrastructure. This step aims to provide faster and lower-cost transactions on the platform.
ETHZilla to Implement 10-for-1 Stock Consolidation on October 20
Ethereum treasury company ETHZilla announced it will conduct a 10-for-1 stock consolidation on October 20, 2025. The total number of shares will decrease from 160 million to 16 million.
Parataxis Holdings Reveals It Holds Over 150 Bitcoins
Korean public company Parataxis Holdings has revealed that it currently holds over 150 Bitcoins and also plans to purchase 1,150 ASIC mining devices.
UK Electoral Commission to Update Crypto Donation Guidelines
Following Reform UK’s first crypto donation, the UK Electoral Commission is preparing new guidelines for cryptocurrency donations. Nigel Farage has pledged to reduce the capital gains tax on crypto from 24% to 10%.
Hamak Strategy Raises $46.55 Million
Gold miner Hamak Strategy plans to increase its Bitcoin reserves by raising $46.55 million in a new funding round.
OTC Platforms Played a “Shock Absorber” Role in the Crypto Liquidation Crisis
According to CoinDesk, OTC desks preserved liquidity by preventing the spread of systemic risk during the recent market crash. According to a Finery Markets report, the OTC structure helped prevent panic selling thanks to “dark pool liquidity.”
