Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Changpeng "CZ" Zhao has broken through into the top echelons of the world’s wealthiest individuals, with his net worth reaching an estimated $75 billion following BNB’s new all-time high of $857.18.
Binance Changpeng Zhao's family office, YZi Labs, is making a significant move by supporting an investment company to go public in the U.S.
Silk Road founder Ross Ulbricht has resurfaced as a polarising crypto figure, raising $1.8 million in Bitcoin by auctioning prison memorabilia. Days later, he received a surprise 300 BTC donation worth $31 million—reigniting debate over whether this support reflects alignment with his ideals or raises ethical concerns in today’s crypto culture.
The SEC dropped its lawsuit against Binance after nearly three years of legal action over alleged securities violations. The case was closed as the new SEC leadership began easing its stance on crypto regulation.
Bhutan has launched the world’s first national crypto tourism payment system, letting visitors pay for everything from flights to local goods using digital currencies like Bitcoin and BNB. The system, built with Binance Pay and DK Bank, helps local businesses—especially in remote areas—accept crypto payments easily.
USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.
Crypto donations in 2025 are expected to hit $2.5 billion, fuelled by digital wealth and better regulations. Binance co-founder CZ’s 1,000 BNB donation to Myanmar and Thailand’s earthquake relief highlights crypto’s rising role in global aid.
Trump’s trade war spurred a market downturn, wiping out billions in a day. Bitcoin fell below $85,000, Ethereum dropped 11%, and crypto lost $500 billion, erasing gains from his US Crypto Reserve announcement. Is this a brief dip or a deeper decline?
CoNET has launched a new mini-game referral program to attract real users to join its decentralized ecosystem. By sharing the referral link, users can get CONET tokens as rewards. All referral rewards will be recorded on the chain to ensure fairness and transparency, and the plan starts on October 10.
Arkham Intelligence, a blockchain data company backed by OpenAI founder Sam Altman, is about to launch a cryptocurrency derivatives exchange, with plans to set up a new venue in the Dominican Republic. As the crypto market changes, Arkham hopes to seize market share through technological advantages and global expansion, challenging industry giants such as Binance.
Bitcoin's global interest has dropped to its lowest in a year, while memecoins are gaining popularity with significant search and trading activity. Despite concerns about their risks, memecoins continue to dominate the crypto market in 2024.
Bitcoin surged past $64,000 on Monday, with analysts combining technical indicators such as RSI, order book liquidity and moving averages to suggest that a breakout above $65,000 is increasingly likely.
The Liberal Party of Australia has launched the country's first fully AI-generated political advertisement, featuring a deepfake of ACT Chief Minister Andrew Barr, ahead of the 2024 federal election. This raises concerns about the implications of AI in politics, prompting calls for urgent regulation to protect the electoral process.
Chinese stocks opened higher on Monday and Bitcoin surged above $64,000 as investors assessed the potential impact of economic stimulus measures announced by the Ministry of Finance over the weekend.
Ethereum founder Vitalik Buterin sold a large number of meme coins over the weekend and cashed in $2.23 million. He previously stated that all tokens sent to him without permission would be sold and donated to charity, and the market speculated that this would be the case this time as well.
NTT Communications and SoftBank are using AI technology to protect call center employees in Japan from increasing abusive customer behavior, known as "kasu-hara." These innovations aim to reduce the emotional stress on workers and improve customer interactions by monitoring calls and softening the tone of complaints.
Cambridge University’s Museum of Zoology is launching an innovative project that allows visitors to interact with AI-generated voices of extinct and living animals to learn about their lives and the biodiversity crisis. The exhibits will provide personalized conversations in over 20 languages, aiming to foster empathy and raise awareness about environmental conservation.
The rise of generative AI is pushing software engineers to acquire new skills, such as prompt engineering, to remain relevant in their roles. Despite fears of AI replacing jobs, experts emphasise that it will create new opportunities and enhance productivity in the software development field.