Everything web3, crypto, defi, degen
In brief Former president of FTX US, Brett Harrison, told Decrypt that offering leverage up to 1,001x on volatile crypto assets is “irresponsible” and a “major problem.” Proponents of the high-leverage crypto products believe they’re just giving retail users what they want and offering a level playing field. Harrison’s comments come as he is preparing…
In brief Bitcoin has typically performed well during October—dubbed “Uptober” by observers. But this year, the leading cryptocurrency finished the month in the red. Experts told Decrypt that a number of factors influenced the drawback. Despite a roaring start and fresh all-time high early on in October, the expected “Uptober” turned into a real downer…
In brief A federal appeals court affirmed the Fed’s ability to deny crypto bank Custodia a master account. Custodia had argued the Fed had no choice but to award a master account to eligible banks. The Fed said it could deny Custodia an account based on the risk posed by crypto activity. Custodia said it…
In brief California’s Department of Financial Protection and Innovation (DFPI) fined Coinhub $675,000 for violating digital assets law. Of that total, $105,000 is due as restitution to consumers who were overcharged by the ATM operator. This marks the fourth enforcement action from the regulator as it cracks down on crypto ATM operators that it says…
October 31, 2025 | Asset Listings We’re thrilled to announce that LION is available for trading on Kraken! Funding and trading LION trading is live as of October 30, 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…
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 2-3% after Powell says rate cut not certain in December US Senator claims Binance helped with TRUMP launch for…
In brief The Fed’s end of quantitative tightening places Bitcoin at a critical liquidity juncture. Aside from short-term volatility, the crypto market is unlikely to repeat the post-Fed pivot scenario of 2019 amid higher interest rates and institutional demand, Decrypt was told. A favorable macro and geopolitical outlook could extend the bull run, analysts say.…
In brief Sam Bankman-Fried’s X account has shared a document in his defense. It claims that the bankrupt crypto exchange was never actually insolvent. FTT would be worth $22 billion today if FTX and Alameda survived, it adds. An account once used by Sam Bankman-Fried, founder and former CEO of bankrupt crypto exchange FTX, posted…
In brief The New York court issued a provisional order under Section 1519 directing Circle to maintain the freeze on three Ethereum wallets. A related class action by U.S. investors seeking the same funds has been paused pending the Chapter 15 review. The case will determine whether Singapore’s liquidation of Multichain qualifies for formal recognition…
In brief Prediction market users are reflecting market uncertainty with swaying predictions on crypto price movements. Bears have taken control in the market that asks for Bitcoin’s next stop—$100,000 or $120,000. Users on Myriad think BNB’s market cap will outrank XRP next week. Uncertainty in the crypto market has led to a tighter price range…
