tycoon

The founder and CEO of trading company DRW, Don Wilson, published an article raising several questions about the New York Stock Exchange's parent company's push to introduce the decentralized perpetual contract platform Hyperliquid to the U.S. market. He also expressed gratitude to CFTC Chairman Selig and the Trump administration for making such experiments possible and stated that only the market can determine whether an arrangement is useful.Don Wilson: What are the benefits of trading perpetual contracts on a regulated exchange in an on-chain manner? He believes the main advantage of on-chain trading is the reduction of friction in a trustless, identity-verification-free environment, or receiving the purchased assets in real-time through atomic transactions; however, perpetual contracts themselves are not assets, so the latter benefit does not apply.He also specifically mentioned Stan Druckenmiller, asking whether he is aware that positions and transactions on Hyperliquid can be tracked in real-time and whether he sees this as an advantage. Additionally, he noted that Hyperliquid's priority fee mechanism allows participants to pay to see information earlier or to move their orders ahead in the queue, and he inquired whether this aligns with CFTC core principles.Don Wilson further asked whether the liquidity of offshore order books can be merged with onshore order books; if not, whether listing perpetual contracts on regulated exchanges using traditional centralized order books is preferable to bearing the inefficiencies brought by on-chain matching.Previously, Intercontinental Exchange (ICE) and trade[XYZ] announced plans to deploy a perpetual contract market covering crypto assets, stocks, commodities, foreign exchange, and other physical assets for U.S. traders based on Hyperliquid infrastructure, pending regulatory approval, with ICE operating the regulated market and clearing framework.

Billionaires closely related to the artificial intelligence industry became the main force in the insider selling list for the third quarter. Nvidia director Mark Stevens topped the list, with Nvidia's stock valuation nearing its lowest in over a decade.Other AI-related billionaires in the top ten include Arista Networks CEO Jayshree Ullal and Amazon founder Jeff Bezos. The combined net worth of the three is approximately $302 billion.

Billionaire investor Stanley Druckenmiller stated that the decision by Besant to spend billions of dollars to buy back U.S. Treasuries is a wrong decision. He believes that the market aggregates information that no committee can possess, and prices are the way information is conveyed to decision-makers. Druckenmiller pointed out that the Treasury's attempt to influence the bond market lacks rationale, and the current financial environment is in a loose state.

According to CoinDesk, Mexican billionaire Ricardo Salinas Pliego stated that about 70% of his investment portfolio is allocated to Bitcoin. He believes that compared to real estate, Bitcoin is more suitable as a long-term store of value asset.

A female tycoon in the domestic cryptocurrency circle encountered an investment scam in the United States, resulting in a loss of over $9.4 million (approximately 60 million yuan). Reports indicate that this individual is a certain Lv, the CEO of a computing power technology company in Southwest China, whose mining pool reportedly accounted for about 9% of the global Bitcoin total computing power at its peak.The report pointed out that two brothers, claiming to have a "Middle Eastern royal family" background, carried out the scam by forging identities. One of them claimed to be a "Middle Eastern royal family son-in-law" and asserted that he controlled funds from Middle Eastern families, international business relations, and resources from local governments in the United States; the other mimicked a character from the American drama "Billions," presenting himself as a hedge fund manager. The two also successfully contacted and influenced Michael Smedley, the chief of staff to the mayor of East Cleveland, Ohio, ultimately inducing Lv to sign a cryptocurrency mining field development contract.

According to CoinDesk, the UK's parliamentary standards watchdog is conducting a formal investigation into Reform UK party leader Nigel Farage for failing to declare a £5 million donation from crypto billionaire Christopher Harborne. Harborne holds a 12% stake in stablecoin issuer Tether. Farage argues that the donation was used to pay for personal security costs and falls within the exemption for disclosure.If found in violation of the code of conduct, Farage could face suspension. A YouGov poll shows Reform UK leading with a 28% support rate, and Farage is expected to become the next Prime Minister. The UK government suspended political crypto donations in March, and this ban will be written into the Representation of the People Act.

According to CoinDesk, billionaire real estate investor Grant Cardone stated at the Consensus Miami 2026 event that he has added $100 million in Bitcoin as part of his hybrid strategy combining Bitcoin with income-generating real estate.Cardone revealed that he previously purchased 1,000 BTC for Cardone Capital in 2025, and currently has a total Bitcoin exposure of about $200 million. He believes that this model of combining Bitcoin with real estate can challenge traditional real estate investment trusts (REITs), and this strategy does not involve putting real estate assets on the blockchain, but rather incorporating Bitcoin into the real estate investment structure.

According to market news, Coinbase, in collaboration with Microsoft, Europol, and more than ten other organizations, successfully shut down the phishing-as-a-service platform Tycoon 2FA and seized 330 related domains.Since its launch in August 2023, Tycoon has had approximately 2,000 users, operating over 24,000 domains, and sending tens of millions of fraudulent emails each month to over 500,000 businesses worldwide. It bypassed multi-factor authentication by stealing session cookies and tokens, primarily targeting email and online service accounts such as Microsoft 365, Outlook, and Gmail.In this operation, Coinbase assisted in tracking the cryptocurrency payments funding Tycoon’s operations and supported the civil lawsuit to seize the domains. The main developer has been identified as Saad Fridi, a Pakistani national.

Caixin reported in "After Many Twists and Turns, Southeast Asian Gambling Kingpin She Lunkai is Extradited Back to China | Past Events · Future Events" that the only partner of She Lunkai's blockchain project "Asia-Pacific New City" is the Singapore blockchain company BCB Innovation Ltd. The Fincy payment software based on BCB's blockchain is also promoted within Asia-Pacific New City, aiming to create a Southeast Asian version of WeChat. Fincy and BCB share the same parent company and similar shareholders, providing fiat and cryptocurrency exchange transactions, as well as online gaming.Industry insiders point out that by offering exchanges between fiat and cryptocurrency and online games, it effectively introduces many unrelated participants, breaking down large sums of money into smaller amounts, which ultimately converge into a gambling platform disguised as a game, significantly weakening the regulation of the flow of funds.

According to the official page, Binance Alpha has launched Dino Tycoon (TYCOON).

According to official news, Binance Alpha will become the first platform to launch Dino Tycoon (TYCOON) on November 4th.Eligible users can visit the Alpha event page to claim airdrops using Binance Alpha points after the Alpha trading opens. Further details will be announced separately.

ChainCatcher news, Web3's leading IDO and project launch platform Mumubit has officially launched the Mumu Tycoon Game and released the token distribution details for the Mumu Tycoon Token (MUTY), aiming to enhance participation in the Web3 gaming ecosystem. The game is now live, and users can experience it immediately through the official website.

ChainCatcher news, the Mumubit platform will officially launch the first round of pre-sale blind boxes for the Mumu Tycoon game at 8 PM Hong Kong time on July 19, 2025. There will be a total of three rounds of pre-sale for the Mumu Tycoon game.Mumu Tycoon is the second major game released by the Mumubit platform based on the node ecosystem. Mumubit is a Web3 project initiated in 2021, innovatively organizing the ecological development of the market and community co-construction platform through a fully decentralized node system.

ChainCatcher news, citing a report from the British Financial Times by Xinhua News Agency, a group of billionaire Silicon Valley entrepreneurs has applied for a charter banking license in the United States, preparing to establish a national bank focused on supporting startups engaged in businesses such as cryptocurrency.After the collapse of Silicon Valley Bank in March 2023, some startups involved in high-risk businesses like cryptocurrency trading have faced difficulties in financing in the U.S. The report cites sources familiar with the matter, stating that the new bank is named "Erebor," after the treasure location in "The Lord of the Rings," with major investors being Silicon Valley big donors from the current Republican administration, such as Peter Thiel.According to application documents disclosed earlier this week, "Erebor" Bank will be a national bank providing traditional banking products and services related to virtual currencies for businesses and individuals. The primary target customers are companies participating in the U.S. "innovation economy," especially those in the fields of cryptocurrency, artificial intelligence, defense, and manufacturing, as well as individuals working for or investing in these companies, including those with "insufficient access to credit." The bank will also seek to collaborate with non-U.S. companies "looking to enter the U.S. banking system."According to reports, "Erebor" Bank's headquarters will be located in Columbus, Ohio, with an office in New York City, providing only online customer services.

ChainCatcher news, investment mogul and Pershing Square CEO Bill Ackman stated on social media that he supports President Trump as well as Musk. He believes that for the benefit of the United States, they should coexist peacefully. People united are stronger than when they are apart.