Everything web3, crypto, defi, degen
In brief MrBeast filed a trademark for MrBeast Financial, a planned app offering crypto exchange, payment processing, banking, and insurance services. The YouTuber would need FinCEN registration, state money transmitter licenses, and SEC/CFTC approval to launch such a platform—none filed yet. This joins 52 trademarks owned by his company, though not all have become actual…
In brief Market makers Wintermute and LO:TECH momentarily stopped trading amid last week’s $19 billion liquidation cascade. The pause came because their predefined trading rules were broken and they were forced to regroup, the market makers said. Wintermute told Decrypt that if the firm can “make markets in a safe, delta neutral way,” it will—but…
October 17, 2025 | Asset Listings We’re thrilled to announce that U2U is available for trading on Kraken! Funding and trading U2U trading is live as of October 17, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
October 17, 2025 | Asset Listings We’re thrilled to announce that ZBT is available for trading on Kraken! Funding and trading ZBT trading is live as of October 17, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Whales are dumping SOL, AAVE, and ASTER, moving over $120M in assets to exchanges. The sell-off contributed to the crypto market cap dropping by over 5% as altcoins posted losses on the day. One entity took a $5M loss on ASTER, signaling a rush to exit rather than hold through volatility. Whales are…
In brief The ARK 21Shares Bitcoin ETF (ARKB) recorded $275.2 million in outflows on October 16, its largest single-day exodus since August 1, when the fund shed $327.9 million. Bitcoin ETFs collectively bled $530.9 million Thursday, capping a brutal week that saw $858.7 million flee the products, with only Tuesday breaking the outflow streak. Analysts…
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market…
In brief Japan plans to ban insider trading in cryptocurrencies under the Financial Instruments and Exchange Act. The move empowers its financial regulators to investigate and penalize illicit trades, extending securities-style oversight to digital assets. Policy experts say Japan’s clarity could trigger “competitive convergence,” pushing other major markets to align on crypto regulation. Japan is…
In brief Newsmax is building a digital assets treasury centered on Bitcoin and President Trump’s official Solana meme coin. The company is approved to spend up to $5 million to acquire the assets over the next 12 months. Shares of NMAX fell 4% today but have bounced in after-hours trading. Publicly traded media company Newsmax…
In brief Crypto markets crashed last week, and Dogecoin has taken the hardest hit among major assets. While Bitcoin and Ethereum are still suffering following the sell-off, Dogecoin is faring far worse. Experts said that the coin is not finding enough use cases and may be facing an identity crisis. Following last week’s flash crash,…
