Everything web3, crypto, defi, degen
In brief Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill face sentencing this week after pleading guilty to operating an unlicensed money transmitter. Prosecutors allege the defendants actively solicited criminals on dark web forums, with Rodriguez describing their service as “money laundering for bitcoin” in private messages. The government identified at least $237 million…
In brief Bitcoin’s recent drop is a mid-cycle reset, not a bear trend, according to analysts. The crypto’s first red October in six years could be setting the stage for a bullish comeback in November. A cooling trade war could serve as a tailwind, though macroeconomic concerns persist. Bitcoin is heading into November after its…
In brief The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions. Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year. Ripple ended a four-year legal battle with the SEC this August. Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company…
In brief AI cloud compute company IREN has signed a $9.7 billion deal with Microsoft. The deal will give Microsoft to access to Nvidia’s NVIDIA GB300 GPUs. A number of top tech companies have inked deals with data center firms in recent months. IREN stock rocketed up after the former Bitcoin miner and data center…
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…
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 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.…
