Everything web3, crypto, defi, degen
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 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 Bernstein initiated coverage of SharpLink with an “outperform” rating. The analysts said Ethereum is an ideal asset for crypto treasury strategies. SharpLink shares should trade at a premium to its Ethereum holdings, they added. Analysts at investment firm Bernstein initiated coverage of SharpLink Gaming with an “outperform” rating on Thursday, saying the Ethereum…
In brief The company has acquired 93 BTC as part of its daily accumulation program. It aims to build a 10,000-Bitcoin treasury using $40 million in fresh funding and a rebrand. Bitcoin has been rising steadily over the past week, buoyed by softer U.S. inflation data and ETF inflows. South Korea’s publicly listed Bitplanet has…
In brief SharpLink Gaming said Thursday that it has sold $76.5 million worth of shares. The Ethereum treasury firm has amassed $3.37 billion worth of ETH, though has slowed its purchases of late. Leading Ethereum treasury company BitMine Immersion Technologies holds over $12 billion worth of ETH. Publicly traded Ethereum treasury company SharpLink Gaming, Inc.…
We’re excited to announce we have acquired Small Exchange, a CFTC-licensed Designated Contract Market (DCM) from IG Group for $100 million. This move lays the foundation for us to launch a fully U.S.-native derivatives product suite, creating a deep, sophisticated onshore venue in the world’s largest capital market. The acquisition of Small Exchange advances our…
In brief Helius Medical Technoligies (HSDT) shares are down more than 16% on Monday. The firm announced it acquired 760,190 SOL in its first Solana acquisitions, valuing its treasury at $168 million. It maintains an extra $335 million in cash, which it will ultimately use to bolster its treasury. Shares in medical device and neurotech…
In brief Kevin Durant has regained access to his Coinbase account, the exchange confirmed. Durant’s agent told a conference audience earlier this week that the star forward couldn’t find his account information. Durant first bought Bitcoin in 2016 when it was trading at about $600. NBA mega star Kevin Durant has regained access to his…
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: Crypto majors green, SOL leads again; BTC at $112,700 Tom Lee 30x’s Moonshot bet on OCTO (WLD +75%) HYPE hits a new…
In brief OpenSea is creating an NFT reserve, starting with a CryptoPunk on Ethereum. The firm is preparing for the final phase of pre-token rewards, starting with a prize vault filled with $1 million in ARB and OP tokens. The OpenSea Foundation is expected to announce SEA tokenomics in early October. Prominent NFT marketplace OpenSea…
