Everything web3, crypto, defi, degen
In brief A new survey by Reown found that stablecoin owners outnumber Solana holders. Crypto payments and stablecoins have become the “real breakout use case,” for crypto, Reown CEO Jess Houlgrave said. Barriers to adoption include user experience, though solutions such as the WalletConnect Network are addressing the fragmentation of networks and chains. Owners of…
In brief XRP is now 91st largest asset in the world, with a larger market capitalization than PepsiCo, BlackRock, and Uber. It comes after the cryptocurrency set a new all-time high for the first time in seven years. The asset needs to rise just 5% to surpass fast food giant McDonald’s. XRP is now larger…
In brief A DOJ crypto scam case briefly sealed in full has sparked a backlash after NOTUS linked the victims to MoonPay execs tied to Donald Trump’s meme coin. Interim U.S. Attorney Jeanine Pirro blamed court clerks for sealing the entire docket and said prosecutors only asked to shield a company name. The alleged victims…
In brief Bitcoin set a new all-time high last week above $122,000. But BTC has since struggled to hold onto those gains, now trading below $120K. Can bulls make up the ground? Predictions on Myriad lean slightly bearish at the moment on the short-term outlook. Bitcoin is on a historic run, setting a new all-time…
In brief Dating app Flirtini launched “Flirty Mood,” an AI chatbot sex coach, to curb the deluge of unsolicited nudes and help men learn respectful sexting. 78% of women report receiving unwanted nude photos; nearly half of men are open to practicing with AI before messaging real matches. Half of women say AI coaching could…
In brief BitMine Immersion shares have soared about 800% over the past month. The firm, which previously focused on Bitcoin mining, added $500 million of Ethereum last week. Investment management giant ARK Invest purchased more than 4.7 million shares of the BMNR on Monday. BitMine Immersion shares were up slightly in Tuesday trading, a day…
In brief XRP set a new all-time high last Thursday, the first time it had done so in over seven years. Members of its passionate fanbase, known as the XRP Army, are angry that they were forced to wait so long. XRP Army soldiers blame the SEC’s multi-year legal battle with Ripple for stunting the…
In brief At least 3,500 websites are running a hidden Monero mining script delivered through a malicious injection chain. Attackers reused access from past campaigns, targeting unpatched sites and e-commerce servers. The malware keeps a low profile, limiting resource use to avoid triggering suspicion or security scans. Hackers have infected more than 3,500 websites with…
In brief Dogecoin, the eighth biggest cryptocurrency by market value, has gained more over the past week than any of the other top 20 coins and tokens. Grayscale analyst Zach Pandle attributes the gains to investors’ renewed appetite for risk. Investors are now looking at altcoins following major July gains from Bitcoin and Ethereum, experts…
In brief UK Chancellor Rachel Reeves is reportedly exploring the sale of the government’s holdings of confiscated Bitcoin, worth $7.2 billion (£5.33 billion). Trade association CryptoUK has urged the government to reconsider, saying that such plans would “run contrary” to efforts to foster growth in the UK’s crypto sector. A growing number of countries around…
