In a recent interview, Donald Trump stated that he embraces the crypto industry because it benefits the country. He believes the United States should lead the global crypto race ahead of China or any other country. The Republican presidential candidate declared that crypto is here to stay and mentioned his plan to release another set of NFTs.

Cypherpunk Holdings, a Canadian investment firm focused on crypto and blockchain technologies, has significantly increased its Solana holdings. According to a published report, they now hold 63,000 SOL, valued at approximately $14 million. The firm plans to operate its own Solana validator and stake the majority of its tokens with its own node.

The bankrupt crypto broker FTX and the U.S. Commodity Futures Trading Commission (CFTC) have agreed on a $12.7 billion settlement, pending approval by a Delaware judge. As part of the agreement, the CFTC will not make any claims as long as FTX adheres to its reorganization plan. Consequently, FTX will pay up to $12.7 billion to affected parties, depending on the available resources.

Cryptocurrency asset manager Grayscale has announced the launch of a new fund named Grayscale Decentralized AI Fund LLC, aimed at supporting investment initiatives related to artificial intelligence within the crypto industry. The fund will finance AI services, address issues related to centralized AI usage, and develop infrastructure linked to AI. The decentralized AI projects included in the fund’s initial basket at launch are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Currently, Near, Filecoin, and Render have the largest weight in the fund, with rebalancing planned on a quarterly basis.

Maelstrom, a crypto venture capital fund led by BitMEX co-founder Arthur Hayes, has launched a new grant program for Bitcoin developers. The grants range from $50,000 to $150,000 per applicant. The program aims to promote the technical advancement of Bitcoin, enhancing its resilience, scalability, censorship resistance, and privacy.

Crypto broker OKX has announced the expansion of its wallet service to include support for The Open Network, marking the 100th integrated mainnet blockchain. According to the press release, the wallet now supports over 10,000 decentralized applications and 300,000 tokens, and aggregates more than 400 decentralized exchanges (DEXs).