Trump Organization Income Soars 17-Fold on Global Crypto Token Sales Push
The Trump Organization’s revenue surged to $864 million in early 2025, with cryptocurrency ventures generating $802 million through token sales.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The Trump Organization’s revenue surged to $864 million in early 2025, with cryptocurrency ventures generating $802 million through token sales.
Cronos rallied 5% following Trump Media’s announcement of Truth Predict, a prediction market feature on Truth Social powered by Crypto.com partnership.
The Near Foundation proposes cutting NEAR’s yearly inflation from 5% to 2.5% through node-level governance voting that started October 28, requiring 80% validator consensus.
Western Union announced plans to launch its US Dollar Payment Token stablecoin on Solana in early 2026, partnering with Anchorage Digital Bank for issuance.
TeraWulf signed a 25-year, $9.5 billion lease with Fluidstack to deploy 168 MW of AI infrastructure at its Texas campus, with Google backing $1.3 billion.
X Layer terminated spokesperson Felix Fan for undisclosed conflict of interest activities, prompting OKX President to accuse Binance of targeting employees with competitive offers.
Binance.US begins trading WLFI and USD1 tokens amid political controversy over Trump’s pardon of exchange founder CZ and alleged financial ties.
SharpLink Gaming allocates $200 million in Ethereum to Linea’s zkEVM Layer 2, combining staking and restaking services to generate enhanced institutional yields.
Circle Internet Group unveils Arc, an EVM-compatible layer-1 blockchain using USDC as its native gas token, with major tech and financial institutions participating in the public testnet.
Bitwise’s $BSOL became the first US spot Solana ETP on Oct. 28. Grayscale’s $GSOL is expected soon, offering regulated crypto exposure.
Rep. Ro Khanna calls President Trump’s pardon of Binance founder Changpeng Zhao “blatant corruption” as he unveils new trading restrictions.
TIS Inc., a leading Japanese IT services provider, partnered with Ava Labs to launch a blockchain platform for bank token issuance.
BlackRock was instrumental in the success of spot Bitcoin ETFs, dampening sentiment with its boycott of altcoin ETFs.
Hedera (HBAR) price surged 16% to $0.21 as market optimism spiked following reports that the Canary Spot Hedera ETF will begin trading on October 28.
Pump.fun’s $PUMP token rallied after a whale withdrew 1.29 billion tokens from Binance and the platform’s buybacks topped $150 million.