Everything web3, crypto, defi, degen
In brief The CBS segment was Trump’s first sit-down with 60 Minutes in five years, spanning the government shutdown, foreign policy, and crypto. Trump said he “didn’t know” CZ and had been “told” Zhao was wrongfully targeted by the Biden administration. O’Donnell pressed the president on Binance’s $2 billion transaction involving his family’s World Liberty…
Claims that Binance helped with Trump Launch for CZ Pardon! Coinbase $1.9B in revenue!Crypto majors are down 1-3% after a major post-fomc dip yesterday; btc -3% at $110,100, eth -3% at $3,900, bnb +1% at $1,120, sol -2% at $192. Zec (+2%) and aero (+2%) led top movers. 870m+ was liquidated from the crypto market…
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 Senator Chris Murphy (D-CO) has alleged that Binance helped facilitate Trump’s “corrupt crypto coin” and UAE deals in exchange for a presidential pardon of founder Changpeng Zhao. Binance listed Trump’s USD1 stablecoin on Tuesday, one week after Zhao’s pardon, prompting Murphy to call the White House a “24/7 corruption machine.” Democrats, including Maxine…
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 Western Union said on Wednesday that the publicly announced new coin would be called USDPT. The WUUSD trademark application is being reviewed by the U.S. Patent and Trademark Office. The payments giant has said it plans to introduce a “digital asset network.” Western Union has applied to trademark the name “WUUSD” shortly after…
In brief Kraken’s parent company, Payward, topped the list of spenders from the crypto industry. Payward spent between $323,000 and $430,000 in 2024. The EU’s Markets in Crypto-Assets Regulation went fully into effect on December 30, 2024. Crypto exchanges spent millions lobbying the European Union in 2024, based on publicly available data, with many of…
In brief A meme coin tied to a statue of Binance founder Changpeng “CZ” Zhao surged on Wednesday The statue was shown in Washington, D.C., for a handful of hours on Tuesday. Unaffiliated meme coins with similar branding may be causing confusion for traders. A meme coin tied to a golden statue of Changpeng “CZ”…
In brief The California lawmaker announced plans to ban elected officials from owning or creating cryptocurrencies, calling it a response to corruption concerns. Khanna linked the proposal to President Trump’s pardon of Binance founder Changpeng Zhao, which he described as “blatant corruption.” He previously authored the 2023 Ban Congressional Stock Trading Act, aimed at preventing…
