Jack Dorsey's decentralized messaging app Bitchat reached No. 2 on Jamaican app stores during Hurricane Melissa, according to data from October 2025. The app supports offline communication via Bluetooth mesh networks, enabling connectivity when internet services fail. This functionality proved vital as the storm disrupted power and internet infrastructure across the island.

Australia is strengthening its digital asset regulatory framework ahead of new licensing requirements set for 2026, according to the Australian Securities and Investments Commission (ASIC). The updated guidance clarifies how financial regulations apply to crypto firms, stablecoins, and staking services. Offshore platforms serving Australian users will also fall under enhanced oversight. The changes aim to improve compliance clarity without replacing existing legislation.

Metaplanet's stock rose over 10%, adding to a weekly gain exceeding 25%. The move followed the company's announcement of a new capital allocation policy, a $500 million credit facility, and plans to repurchase 150 million shares by October 29, 2026.

ETHZilla sold $40 million worth of Ether on October 24 to finance a share repurchase program, according to a press release. The company has repurchased approximately 600,000 shares for about $12 million under a $250 million board-approved authorization announced in August.

The dYdX governance community is preparing to vote on a proposal to compensate traders affected by an 8-hour network outage. The incident, caused by a misordered code deployment on October 10, led to incorrect trade executions and liquidations during a major market crash.

Bitwise Asset Management has launched the Bitwise Solana Staking ETF (BSOL), the first U.S. spot Solana ETF, on the New York Stock Exchange. The fund provides direct exposure to Solana (SOL) and includes on-chain staking to generate yield. BSOL's launch follows a regulatory pathway enabled by recent SEC guidance during a government shutdown.

Republican Senator Thom Tillis warned that Congress must pass comprehensive cryptocurrency legislation by early 2026 to avoid election-related delays. He cited partisan gridlock, leadership challenges, and a government shutdown as major obstacles to progress.

Multinational corporations face over $35 billion in tariff-related expenses due to U.S. policies, according to company reports. New trade agreements with Japan and the EU have helped reduce exposure. Uncertainties remain for companies without trade deals. S&P 500 earnings growth is projected at 9.3% for Q3, down from 13.8% in Q2.

Tether's CTO Paolo Ardoino said the energy competition between Bitcoin and artificial intelligence will establish a long-term equilibrium lasting centuries. He also announced Tether's plan to become the world's largest Bitcoin miner by the end of 2025.