Everything web3, crypto, defi, degen
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 fall as China trade war rhetoric escalates; BTC at $111k Citi says it will custody crypto in 2026, evaluating a…
In brief Bhutan’s national digital ID platform will issue credentials through Ethereum. The system, initially built with Cardano developer IOG, is scheduled to undergo a full migration by early 2026. Observers warn that putting national IDs on public blockchains might raise privacy risks despite greater transparency. Bhutan has integrated its National Digital Identity platform with…
In brief California’s SB 822 explicitly includes digital financial assets under the state’s Unclaimed Property Law, treating them like bank accounts and securities. The bill preserves unclaimed digital assets in their native form, preventing forced liquidation that would have created taxable events for consumers without their consent. Account holders can reclaim their original digital assets,…
In brief Bitcoin dropped from $121,000 to $106,000 on Friday after Trump announced 100% tariffs on China, triggering $19 billion in liquidations within 24 hours. The crash hit leveraged traders on centralized exchanges hardest, with 1.6 million positions liquidated as the timing—after market close—left crypto as the only outlet for investor reaction. Leverage amplifies both…
In brief Ripple is teaming with blockchain security firm Immunefi to host an “attackathon” for the XRP Ledger lending protocol. If one serious bug is found, a full $200,000 will be provided to participants. The protocol aims to eventually offer fixed-term, uncollateralized loans on the XRP Ledger. Ripple is offering up to $200,000 to users…
In brief Top bank Citi will debut a crypto custody service in 2026, CNBC reports. The bank is the latest to delve into other digital asset services. Mainstream banks are working on everything from stablecoin offerings to crypto trading for clients. Citi will reportedly debut a crypto custody service in 2026 as mainstream financial institutions…
In brief Nigel Farage called Monday for the British financial watchdog to better regulate crypto. Farage in May said that he would establish a Bitcoin reserve—like Trump did in the U.S.—if elected prime minister. The Brexit mastermind has long spoken about the benefits of using digital assets. Reform UK leader Nigel Farage said Monday that…
In brief The Singapore High Court has approved WazirX’s debt restructuring scheme with modifications. The platform will resume operations within 10 business days once the scheme becomes legally effective. 95.7% of voting creditors backed the amended plan in the August 2025 revote. Embattled crypto exchange WazirX secured court approval for its debt restructuring plan on…
In brief Larry Fink said he had to “relook at [his] assumptions” about Bitcoin. BlackRock now manages several crypto-linked ETFs amid growing investor interest. Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products. BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made…
In brief Binance said its systems remained operational during the $19 billion market-wide liquidation, attributing reports of tokens hitting zero to a display error. Affected assets that depegged on the exchange included USDe, BNSOL and wBETH. Analysts described the payout as rare and likely aimed at restoring confidence in the post-CZ era. Crypto exchange Binance…
