Everything web3, crypto, defi, degen
In brief AI firm Showrunner plans to produce an interpretation of missing footage from Orson Welles’ 1942 film, “The Magnificent Ambersons.” The reconstruction effort will use deepfake technology and newly shot footage based on archival research. The end product will not be commercially released, as Showrunner doesn’t hold the rights to the original film. AI…
In brief French police have freed a 20-year-old Swiss citizen held hostage in Valence. France has become Europe’s hotspot for violent crypto-related kidnappings, known as “wrench attacks.” Similar incidents are on the rise worldwide. French authorities have detained seven suspects following the kidnapping of a 20-year-old Swiss man, believed to be the latest case in…
In brief The U.S. has jumped from fourth to second place in global crypto adoption as regulatory clarity drives institutional demand, according to the latest Chainalysis report. India has maintained a three-year winning streak despite heavy taxation and compliance requirements. The Asia-Pacific region led growth with a 69% surge in transaction volume, while stablecoin volumes…
In brief Polygon’s Aishwary Gupta says no Indian government department wants ownership of stablecoin regulation, creating bureaucratic deadlock across agencies. Gupta estimates India could save $68 billion annually through stablecoin integration, but regulatory uncertainty prevents banks from acting. 80-85% of India’s top crypto talent has relocated internationally, Gupta said, while Asian neighbors advance clear stablecoin…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINSCrypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid staking Activities are not securities: SEC. China testing out Yuan stablecoins. Brazil considers BTC reserve. Japan’s SBI files for various crypto ETFs. Michigan pension fund…
In brief The White House unveiled new tariffs on Thursday. A cooler-than-expected jobs report pointed to a tepid labor market. Odds of a September rate cut surged to 83% from 37%. The price of Bitcoin and other cryptocurrencies wavered on Friday as investors weighed the White House’s latest round of tariffs against fresh signs of…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
In brief PayPal will launch a platform this fall linking domestic wallets like UPI and WeChat Pay to its global merchant network. The service mirrors stablecoin functionality but runs on traditional fiat rails, without blockchain infrastructure. It comes as PayPal continues to support and integrate its stablecoin, PYUSD, into its broader product suite. U.S. payments…
Whether you’re looking to trade, earn rewards or send money across borders, it all starts with a fast, familiar and trusted payment method: Pix. Your BRL can do more on Kraken When you fund your Kraken account with Pix, your BRL is automatically converted to USD at competitive rates – with full transparency and no…
