Hunter Biden to Launch LAPTOP Memecoin With Airdrop for TRUMP Holders

Hunter Biden is preparing to launch a new memecoin called LAPTOP, with 20% of its one-billion-token supply earmarked for an airdrop to holders of President Donald Trump's memecoin and other recipients, according to The Wall Street Journal. The token derives its name from Biden's laptop, which became a flashpoint in American politics ahead of the 2020 presidential election. Biden and the project's co-founders will initially control 30% of the supply, locked for six months and vested over two years, while another 20% is allocated to charity and operating expenses. Notably, up to 30% of LAPTOP's supply could be burned if a Democrat wins the 2028 presidential election, Bitcoin reaches a new all-time high, or LAPTOP's fully diluted valuation surpasses TRUMP's market cap. The launch deepens the intersection of politics and crypto as Washington continues debating digital asset regulation.

In traditional finance news, DBS and Citi completed the first weekend tokenized cross-border payment between Singapore and the United States using the SWIFT Digital Ledger. DBS announced Monday that the transaction settled in minutes, a significant improvement over the standard one-to-two business days for conventional cross-border transfers. The pilot demonstrates how major banks are exploring blockchain infrastructure to accelerate settlement while keeping deposits within regulated banking channels. Standard Chartered and HSBC had previously completed similar tokenized cross-border transactions earlier in the development cycle.

Meanwhile, Bitcoin sidechain Liquid paused operations after purported white-hat hackers withdrew approximately $320 million in BTC from the network. The incident adds to a growing list of high-profile crypto security events and raises fresh questions about the resilience of Bitcoin-adjacent infrastructure. Bitcoin itself traded around $79,119 at publication, up 1.51% on the day, while Monero gained 3.50% and Solana rose 2.37% amid the broader market activity.