Everything web3, crypto, defi, degen
In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December…
In brief Balancer, a multi-chain automated market maker, suffered a major exploit that has resulted in an estimated $128 million in losses. Liquidity pools across Ethereum, Arbitrum, Base, and other chains have been affected by the attack. Berachain has halted its blockchain and is preparing for a hard fork to recover the lost funds. Crypto…
In brief Nasdaq warned TON Strategy for violating shareholder approval rules after the company raised over $500 million through a private stock sale to buy Toncoin. The exchange said TON Strategy, formerly Verb Technology, did not intentionally evade compliance, and issued only a warning instead of delisting its stock. The firm’s stock briefly surged after…
A major unlock for your trading strategy Kraken Pro clients in the EU are now able to post crypto, including BTC, ETH and certain stablecoins, as collateral when trading more than 150 perpetual futures markets. This makes Kraken Pro one of the first regulated platforms in Europe to offer crypto-collateralized perpetual futures contracts. It also…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news:💰 Tether Prints $10 Billion in ProfitTether is the most profitable company nobody talks about.And the stablecoin giant just posted numbers that would…
In brief Ripple Prime clients will have access to dozens of cryptocurrencies. Customers can engage in OTC spot transactions, Ripple said. Hidden Road was a multi-asset prime brokerage. XRP-linked fintech Ripple began letting U.S. customers access spot trading for dozens of cryptocurrencies through its Ripple Prime service, the company said in a blog post on…
In brief BitMine Immersion Technologies added more than 80,000 ETH to its leading Ethereum treasury last week. The firm now holds more than 2.8% of the entire ETH supply. Shares of BMNR have fallen more than 8% as ETH continues its slide, now changing hands just over $3,600. Publicly traded Ethereum treasury company BitMine Immersion…
In brief Strategy last week spent $45.6 million on 397 Bitcoins, one of its smaller buys. It now holds 641,205 digital coins worth $69.1 billion. The Bitcoin treasury’s stock was down slightly on the news. Bitcoin treasury Strategy added 397 digital coins for around $45.6 million—an average price of $114,771 per coin—in one of its…
CZ Pumps Aster 25% with Tweet! Crypto Majors Selloff! Trump distances from CZ!Crypto majors fell between 2–5% following a Sunday night selloff, with Bitcoin down 2% at $108,100, Ethereum off 4% at $3,720, BNB down 6% at $1,020, and Solana dropping 5% to $176. Among top movers, ASTER (+8%) and TRUMP (+3%) led the gains.…
After a rough October that didn’t produce the expected “Uptober” gains for Bitcoin and other top crypto assets, November’s getting off to a rough start.Major crypto assets are deep in the red so far on Monday, with Bitcoin diving by 4% and altcoins showing much larger losses. All the while, liquidations are piling up, with…
