Everything web3, crypto, defi, degen
In brief Last year, $10 million was sent to a pre-sale wallet for the hotly anticipated Solana meme coin Slerf. The dev accidentally burned it all. Now, 19 months later, the Slerf dev has finally refunded every pre-sale participant in Solana tokens. The milestone was reached as the meme coin migrated to a new token…
In brief Australian crypto traders are diversifying their portfolios beyond Bitcoin, anonymized Kraken wallet data reveals. Ethereum makes up 33% of Australian wallets, nearly double the global average of 19%, while Solana and meme coins appear more often in Australian portfolios. Kraken’s Jonathon Miller says Australia’s “speculative streak” reflects culture as much as strategy. Australians…
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 rebound over the weekend, Bitcoin back at $110,700 Stripe’s Tempo raises $500M at $5B valuation Mr Beast files trademark for…
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…
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,…
In brief SharpLink Gaming said Thursday that it has sold $76.5 million worth of shares. The Ethereum treasury firm has amassed $3.37 billion worth of ETH, though has slowed its purchases of late. Leading Ethereum treasury company BitMine Immersion Technologies holds over $12 billion worth of ETH. Publicly traded Ethereum treasury company SharpLink Gaming, Inc.…
In brief Synthetix (SNX) is up 190% over the past month ahead of its Q4 Ethereum mainnet perpetual DEX launch. The rally has fueled a spike in on-chain activity with 975 new wallets and 229 whale transfers in a day. Experts call the recent pullback a healthy correction, with long-term growth depending on user retention.…
Polling was built to measure what people think, but it mostly captures what people say they think. Belief filtered through bias, identity, and bipartisan rituals just becomes noise. Opinions are cheap when they cost nothing to express. Markets fix that.Myriad’s Perpetual Sentiment Markets replace surveys with price discovery. Instead of ticking a box, participants buy…
In brief AI drove 92% of U.S. GDP growth, according to Harvard’s Jason Furman. Bank of England flagged stretched valuations reminiscent of the dot-com era. Elon Musk’s xAI raised $20 billion for a new data-center, with bulls and bears debating whether AI is a bubble or not. What happens when artificial intelligence becomes both the…
In brief A trio of scientists shared the 2025 Nobel Prize in Physics for proving quantum behavior can occur in ordinary circuits. Their 1980s experiments enabled superconducting qubits—the foundation of today’s quantum computers. The prize, decades after discovery, affirms the long arc from lab curiosity to industry-defining technology. Three scientists whose experiments proved that the…
