Here’s what happened in crypto today
Today in crypto, US President Donald Trump’s wealth has grown by $620 million, largely driven by his crypto-linked ventures. Meanwhile, Coinbase is extending its 2025 acquisition spree, and blockchain security firm SlowMist has flagged five emerging crypto attack methods in 2025.
Trump’s crypto ventures have added $620M to his net worth — Report
US President Donald Trump, with an estimated net worth of more than $6 billion, has reportedly added at least $620 million to his portfolio in a matter of months, thanks to ventures connected to the cryptocurrency industry.
According to a Wednesday Bloomberg report, Trump’s crypto holdings represented “a sizeable portion” of his wealth for the first time, mainly due to windfalls from his family-backed crypto business World Liberty Financial and his personal memecoin, Official Trump (TRUMP).
Though the bulk of his net worth comprised stakes in his media venture, Trump Media and Technology Group, and real estate, crypto ventures reportedly accounted for roughly 9% of his wealth as of June.
Trump and his three sons reportedly earned $390 million through the $550 million in token sales at World Liberty Financial, and collectively hold more than $2 billion worth of the company’s governance tokens, WLF. The business also could have netted $100 million following a $2 billion deal in which Abu Dhabi-based investment firm MGX used the platform’s USD1 stablecoin to settle an investment in crypto exchange Binance.
Concerning his memecoin, which drew criticism from many US lawmakers after the president announced a dinner for the top 220 tokenholders and a “VIP tour,” Trump’s investment was reportedly worth roughly $150 million. However, millions of TRUMP tokens are set to be gradually unlocked over the next three years, and it remains unclear whether the president will be entitled to claim additional tokens.
Coinbase acquires token management platform Liquifi
Major US cryptocurrency exchange Coinbase continued its 2025 buying spree, acquiring token management platform Liquifi.
Coinbase on Wednesday announced a strategic acquisition of Liquifi, a token management platform focused on early-stage tokenization projects.
“Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey,” Coinbase’s vice president of institutional product, Greg Tusar, said in the announcement.
The latest acquisition is Coinbase’s fourth this year, following its $2.9 billion acquisition of Deribit, one of the world’s biggest crypto derivatives trading platforms, in May.
According to Tusar, Coinbase’s acquisition of Liquifi aims to address the complexity of token launches by onchain builders, including issues like fragmented legal, tax and compliance hurdles, regulatory matters and more.
“We want to remove these barriers by providing both the product and the expertise to make token launches simple, compliant, and scalable,” Tusar said, adding:
He added that the acquisition aligns with Coinbase’s vision and goal to make token launches “easier, faster and more global than issuing traditional startup equity.”
SlowMist warns of five “insidious” crypto scams emerging from Q2
Crypto users faced a rise in “psychologically manipulative” attacks in the second quarter as hackers dreamt up advanced and creative ways to try and steal crypto, according to blockchain security firm SlowMist.
SlowMist’s head of operations, Lisa, said in the firm’s Q2 MistTrack Stolen Fund Analysis report that while it didn’t see an advancement in hacking techniques, the scams have become more sophisticated, with a rise in fake browser extensions, tampered hardware wallets and social engineering attacks.
“We’re seeing a clear shift from purely on-chain attacks to off-chain entry points — browser extensions, social media accounts, authentication flows, and user behavior are all becoming common attack surfaces,” said Lisa.