Everything web3, crypto, defi, degen
In brief Roman Storm’s lawyers said Monday they may file a motion for a mistrial, due to alleged holes in the prosecution’s case against their client. The U.S. government has so far failed to prove that Tornado Cash was used in some of the cybercrimes recounted by their witnesses at trial, according to Storm’s lawyers.…
In brief Robinhood CEO Vlad Tenev acknowledged that the company’s recent issuance of tokenized OpenAI stock garnered controversy, but nonetheless called the experiment a “big milestone.” OpenAI denounced the initiative, which it did not authorize, earlier this month. The tokenized stock let holders track the private company’s price, but did not offer OpenAI equity or…
In brief The price of ETH hit a new 2025 high on Monday, now up 26% over the last week. The surge comes as companies adopt Ethereum treasuries and investors throw cash at ETH ETFs in the United States. ETH, the second-largest cryptocurrency, still has to climb by over 20% to set a new all-time…
In brief The Ether Machine is debuting on the Nasdaq with a $1.5 billion stash of Ethereum. The company plans to leverage staking and decentralized finance. At 400,000 Ethereum, the company’s holdings would be the largest among entities that have joined a so-called Strategic Ethereum Reserve. Another firm dedicated to generating Ethereum is making its…
July 21, 2025 | Asset Listings We’re thrilled to announce that RAIIN will be available for trading on Kraken! Funding and trading RAIIN trading will be live as of July 23, 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…
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
In brief Thailand’s SEC proposes easing knowledge test rules for retail crypto investors, allowing them to skip repeat tests if already passed, replacing the current 3-month retesting requirement. New rules would mandate suitability tests for all digital token investors, reviewed every two years, to ensure alignment between investor risk tolerance and product risk. The proposed…
In brief Three states have passed laws enabling Bitcoin reserves to date. Several efforts in other states have failed over concerns about volatility and public fund safety. Proposals are still pending in 17 more states as crypto advocates push for wider adoption. As random companies snap up Bitcoin and Donald Trump hails the creation of…
In brief Block becomes the second crypto-facing firm in the S&P 500 index, two months after Coinbase. For over a year, Block has allocated 10% of its monthly profit from Bitcoin services to purchase additional Bitcoin. Industry observers say regulatory shifts are helping push crypto firms into mainstream acceptance. Block Inc., the fintech company led…
In brief You can now get Bitcoin transactions added to the blockchain for a lot cheaper than before. Mining pools cut the rate as Bitcoin blockchain activity has been low. Bitcoiners disagree over whether the coin should be used for everyday payments or primarily to hold value. The debate over whether Bitcoin is best suited…
