Everything web3, crypto, defi, degen
In brief 60% of Australians still say they don’t trust crypto, up from 57% in 2024. Labor’s reform package spans exchange licensing, stablecoin oversight, and payments modernization. Swyftx projects millions of new investors once regulation is finalized. Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious…
In brief Former RWA Company executive Max Glass filed suit claiming he was wrongfully terminated and pressured into relinquishing his rights as the company pursued stablecoin development opportunities without him. Glass alleges co-executives Gregory DiPrisco and Joseph Quintilian breached fiduciary duties by appropriating a stablecoin product, which later turned into M^0, for their own benefit.…
In brief Bitcoin’s price is weathering a “fear-drive selloff,” according to Standard Chartered’s Geoff Kendrick. It could fall below $100,000, but that may be the last time, he wrote. After surging to new all-time highs, gold showed weakness on Tuesday. As investors react to developments between the U.S. and China over tariffs and trade, Bitcoin’s…
In brief Stablecoins now account for 30% of all crypto transaction volume, over $4 trillion in total, according to a new report from TRM Labs. The stablecoin market has remained both highly consolidated and US-dollar-centric. TRM Labs told Decrypt that “interest will continue to surge” in stablecoins. The big winner in the crypto world over…
In brief ChinaAMC’s Solana ETF will be Hong Kong’s first spot fund offering direct exposure to SOL, set to begin trading Oct. 27. The ETF will invest entirely in SOL and track the CME CF Solana-USD Index based on the APAC reference rate. Observers say the move shows Hong Kong’s confidence in expanding its regulated…
In brief Last year, $10 million was sent to a pre-sale wallet for the hotly anticipated Solana meme coin Slerf. The dev accidentally burned it all. Now, 19 months later, the Slerf dev has finally refunded every pre-sale participant in Solana tokens. The milestone was reached as the meme coin migrated to a new token…
The company behind the Kadena blockchain announced Tuesday that it is shutting down—and while the decentralized blockchain will remain online, the KDA token tied to it has quickly plummeted in price following the news.The Kadena organization wrote on X that it “is no longer able to continue business operations and will be ceasing all business…
In brief A young teen girl was hospitalized in New Delhi, India after popular streamer Sam Pepper hit her in the face with a firework. The controversial British prankster told Decrypt that he paid the victim’s family in cash to cover hospital fees, and that he won’t be playing with fireworks again. Pepper was banned…
In brief The government has introduced legislation to make a temporary crypto mining moratorium permanent. Officials said the change is part of a broader plan to allocate electricity to high-value industries. Crypto industry leaders warned the decision could push investment to areas without clean energy. The Government of British Columbia is moving to permanently bar…
In brief Veteran Ethereum Core Developer Péter Szilágyi has argued that Vitalik Buterin has effective control over the non-profit Ethereum Foundation. He claimed that a small number of people are dominating new investment and advisory roles. The CEO and founder of the Polygon Foundation also critiqued the Ethereum Foundation’s governance. Longtime Ethereum Core Developer Péter…
