Everything web3, crypto, defi, degen
In brief President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap. At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko. Some early buyers of the token could today realize a gain of more than…
In brief Binance has appointed SB Seker as Head of Asia-Pacific on Monday, who brings over 20 years of legal and regulatory experience. The hiring comes weeks after AUSTRAC ordered Binance Australia to undergo an independent audit, citing “serious concerns” about anti-money laundering controls vulnerable to illicit money flows. Industry experts view the appointment as…
In brief WLFI begins trading on Memorial Day with only a small portion of its 33 billion supply unlocked. The token underpins World Liberty’s plans around stablecoins and payments, though governance details remain limited. Analysts and legal experts warn that concentrated holdings and political ties raise risks for liquidity, integrity, and investor protections. World Liberty…
In brief WLFI begins trading on Labor Day with only a small portion of its 33 billion supply unlocked. The token underpins World Liberty’s plans around stablecoins and payments, though governance details remain limited. Analysts and legal experts warn that concentrated holdings and political ties raise risks for liquidity, integrity, and investor protections. World Liberty…
In brief Blockstreet is creating a complimentary ecosystem for USD1, the Trump-backed stablecoin. Co-founder Kyle Klemmer believes that it will outmatch all other stablecoins by 2028. World Liberty Financial’s WLFI governance token becomes tradable on Monday. By the time U.S. President Donald Trump’s second term is over, USD1 will have become the world’s most dominant…
WHY IS CRYPTO DOWN? ETH LEADS CRYPTO LOWER, PCE INFLATION TODAYETH leads majors lower, BTC ETF inflows flip ETH. US partners with LINK & PYTH to put data onchain. US to create path for offshore exchanges to return. 92 crypto related ETPs in the works. 21Shares files for SEI & HYPE ETFs. Binance futures trading…
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 deep red down 3-6% ahead of PCE; BTC at $110,000 U.S. Commerce Dept begins publishing GDP data to blockchain with…
In brief Fenwick & West moves to dismiss lawsuit alleging the law firm aided FTX’s multi-billion dollar fraud, arguing it had no knowledge of wrongdoing. Firm claims it only provided “routine and lawful legal services” despite bankruptcy examiner finding “exceptionally close relationships” with FTX leadership. Lawyers argue plaintiffs are recycling allegations from a dismissed case…
The U.S. Commodities Futures Trading Commission issued new guidance on Thursday for foreign firms, saying they now have a pathway to operating legally in the U.S.The regulator said in a blog post that it had put out new guidance regarding its foreign board of trade registration framework, which would apply equally to both traditional and…
In brief REX Shares and Osprey Funds have filed for a BNB ETF, which would seek to stake most of its assets. The filing has been submitted under the Investment Company Act, as with the Rex-Osprey Solana + Staking ETF that debuted in July. The fund would be listed on Cboe BZX Exchange, and its…
