Trump’s $1 Billion Dubai Real Estate Project Will Accept Crypto Payments 

Monicah W

The Trump International Hotel and Tower in Dubai will accept Bitcoin and other unspecified cryptoassets for real estate purchases. The project won’t be completed for five years, so details are somewhat sparse.

Although the Tower will include a hotel and clubhouse for tourists and temporary guests, crypto payments are only available for condo acquisitions. Permanent occupancy units will sell for between $1 million and $20 million each.

Trump’s Dubai Project Mixes Crypto and Real Estate

According to a report from The National, Eric Trump is apparently his family’s main representative in this plan. The Trump Organization is building the Trump International Hotel and Tower in Dubai, and Eric is its executive vice president.

He gave several comments describing the plan to accept crypto payments:

“[The Tower] is going to be the first truly large-scale project that accepts Bitcoin, that accepts cryptocurrency to purchase units, and that’s really exciting for me, because I love that world and I am deeply invested in that world. I believe in cryptocurrency. When I can see two worlds that I truly love come together, it’s very exciting,” Eric Trump claimed.

Trump name-dropped Bitcoin as an asset that enables these purchases, but he didn’t describe any other specific tokens. To be clear, the Tower will contain both a hotel and condominiums for permanent occupancy; only the latter can pay with crypto.

There is no apparent plan to employ tokenized real estate strategies either. Crypto will purely be used as a payment option.

The Trump family is partnering with Dar Global, a London-listed company, to launch this $1 billion Dubai development project. Its two penthouses will have a $20 million asking price, while other condos will go for between $1 and $1.2 million.

If everything goes according to plan, the Tower will open its doors in five years.

Eric Trump is an influential member of his family’s crypto enterprises thanks to his involvement with WLFI. He also sits on Metaplanet’s Advisory Board, further lending credence to his interest in crypto.

Eric Trump is also set to appear at Token2049 in Dubai, which could give him another opportunity to advertise the project to potential buyers.

Dubai is an attractive destination for the Trump International Hotel and Tower because it has a booming real estate market and a growing crypto hub.

Since construction is still in its early stages, details about the project are relatively sparse, but it enjoys several solid fundamentals. Its success could be a valuable proof of concept for real estate developments worldwide.

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Crypto Theft Hits Record $2.1 Billion in Stolen Funds in H1 2025, TRM Labs Reports

In the first six months of 2025, crypto thefts reached an unprecedented $2.1 billion, setting a new record for illicit activity in the crypto space.

This marks a significant escalation from previous years, with infrastructure attacks and state-sponsored actors, particularly North Korea, driving the surge in losses.

Crypto Theft Reaches New Heights in H1 2025 

In its latest report, TRM Labs, a blockchain intelligence firm, disclosed that between January and June 2025, the crypto sector endured nearly 75 distinct hacks and exploits. These attacks led to losses exceeding $2.1 billion,

This represented a 10% increase compared to the previous record of $2 billion stolen in the first half of 2022. Moreover, the amount is nearly equivalent to the funds stolen throughout all of 2024.

“The first half of 2025 has delivered a stark reminder of the crypto ecosystem’s vulnerabilities,” the report read.

Total Amount Stolen via Crypto Hacks Over the Years
The Amount Stolen via Crypto Hacks Over the Years. Source: TRM Labs

TRM Labs noted that most of the stolen funds in the first half of 2025 (over 80%) resulted from infrastructure attacks. This includes tactics like stealing private keys and seed phrases or compromising platforms’ front end. On average, these incidents caused 10 times greater losses than other attacks, highlighting their outsized impact on the crypto ecosystem.

“Infrastructure attacks refer to attack techniques that target the technical backbone of the digital asset system to gain unauthorized control, mislead users, or reroute assets. Often enabled by social engineering or insider access, these breaches expose critical weaknesses at the foundation of cryptosecurity,” TRM added.

The firm also revealed that protocol exploits accounted for 12% of the stolen funds. This involves flash loans and re-entrancy attacks. 

Malicious actors exploit vulnerabilities in a blockchain protocol’s underlying logic or smart contracts. This allows them to extract funds or disrupt the system’s functionality.

Meanwhile, hackers stole over $100 million in January, April, May, and June. However, the industry witnessed the biggest losses in February with the Bybit hack. BeInCrypto reported that the North Korean Lazarus Group stole $1.5 billion from the exchange.

“This incident alone accounted for nearly 70% of total losses so far this year, pushing the average hack size to nearly $30 million — double the $15 million average in H1 2024,” the report stated.

It is important to note that the Bybit breach is not an isolated incident for North Korea-linked groups. In fact, state-sponsored groups have been tied to numerous high-profile hacks.

TRM Labs pointed out that North Korea-affiliated groups were behind $1.6 billion of the total stolen funds. Moreover, the report highlighted that other state actors are increasingly using crypto hacks as a tool for geopolitical leverage.

The latest Nobitex hack is an example of this. On June 18, pro-Israel hacking group Gonjeshke Darande (Predatory Sparrow) targeted Iran’s largest crypto exchange, resulting in a loss of over $90 million.

“Such events underscore how digital asset theft is becoming a covert instrument in geopolitical conflicts and national policy,” TRM Labs added.

To combat these exploits, TRM Labs advocated for a multi-layered defense strategy. Recommendations include regular security audits, multi-factor authentication (MFA), and using cold storage.  

The firm emphasized the need for advanced defenses against state-level threats, such as improved insider threat detection and countermeasures for social engineering. Lastly, TRM Labs stressed the importance of global collaboration among law enforcement, financial intelligence units, and blockchain intelligence firms to track stolen funds and prosecute cybercriminals.

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