Alleged Trump Insider Denies Insider Trading, Opens New $BTC Short

️ On today's Top Picks:

Crypto News

• ⭐️ Alleged Trump Insider Whale denies insider trading; profited ~$150M by shorting crypto prices ahead of President Trump’s tariffs announcements; has since opened a new ~$340M Bitcoin $BTC short.

• Binance to pay compensation following Friday's depegs; Futures, Margin, & Loan users who held $USDE, $BNSOL, and/or $WBETH as collateral are eligible.

• ⭐️ China Renaissance in talks to raise $600M for US-listed $BNB treasury company; YZi Labs to also participate.

• CME Group launches Solana $SOL & Ripple $XRP options; regulated by the US CFTC.

• ⭐️ Hyperliquid $HYPE launches HIP-3 upgrade; enables permissionless perp market creation; must stake 500K HYPE to launch perpetual DEX on HyperCore.

• Digital Asset Investment Products saw $3.17B of inflows last week; Bitcoin $BTC ~$2.67B inflows, Ethereum $ETH ~$338M inflows, Solana $SOL ~$93.3M inflows, Ripple $XRP ~$61.6M inflows.

• WazirX's debt restructuring scheme approved by the Singapore High Court; to resume operations within 10 business days once the scheme becomes legally effective.

Alpha

• Airdrops, Checkers, & Points by Olimpio.

• ⭐️ MegaETH posts "Big week" on X; to potentially launch 2nd round of Fluffle NFT mint.

• Cap launches Epoch 3 of the Cap Frontier Program; no changes from Epoch 2, earn up to 20x Caps; Epoch 3 ends January 28th.

• Socket posts "▓▓▓▓▓▓▓▓▓▓▓▓░░░░░░░░ 60%" on X; to potentially launch mainnet soon.

• Hey (Lens) launches Hey Beta; Hey Pro users can claim a Beta badge, special Guild role & get early access to new releases.

• Brevis launches Brevis Proving Grounds; complete tasks to earn Brevis Sparks; Phase 1: Basic Training is live from October 13th to November 2nd.

Airdrops

• ⭐️ Monad to launch $MON Airdrop Claim Portal on October 14th at 13:00 UTC; to be open for 3 weeks, no time-sensitive component.

• $BNB Chain & Four Meme to launch $45M Reload Airdrop; 160k+ users/addresses who have traded memecoins on BNB Chain recently are eligible.

• Aster launches $ASTER stage 2 airdrop claim; Aster Stage 2 users are eligible.

• Intuition to launch $TRUST airdrop claim on November 5th; IQ points holders; high-signal Ethereum users, & more were eligible to register.

• Binance launches Euler $EUL HODLer airdrop; $BNB Simple Earn and/or BNB On-Chain Yields subscribers from October 4th to October 6th are eligible.

Finance News

• Gold $XAU reaches new all-time high of ~$4,100.

• Strategy $MSTR buys an additional 220 Bitcoin $BTC for ~$27.2M at ~$123,561 per BTC; now holds 640,250 BTC (~$74B) acquired for ~$47.38B at ~$74,000 per BTC.

• Bitmine $BMNR buys an additional 202,037 Ethereum $ETH (~$860M); now holds 3,032,188 ETH (~$13B) at ~$4,154 per ETH.

• House of Doge, the business arm of the Dogecoin $DOGE Foundation, lists on the Nasdaq through merger with Brag House Holdings $TBH.

• Key Events This Week by The Kobeissi Letter.

Security and Exploits

• SEAL launches Verifiable Phishing Reports program; users can submit attestations for sites which they believe contain phishing content.

• RippleX $XRP launches $200K Attackathon in collaboration with Immunefi; program runs from October 27th to November 24th.

Token Unlocks

• Starknet $STRK / ~$16M / OCT 15th
• Sei $SEI / ~$12M / OCT 15th
• Arbitrum $ARB / ~$30M / OCT 16th
• deBridge $DBR / ~$19M / OCT 17th
Sourced from Tokenomist

Funding

• Ferra raises $2M in Pre-Seed funding led by Comma3 Ventures.

The Degen Farmer