Everything web3, crypto, defi, degen
In brief Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill face sentencing this week after pleading guilty to operating an unlicensed money transmitter. Prosecutors allege the defendants actively solicited criminals on dark web forums, with Rodriguez describing their service as “money laundering for bitcoin” in private messages. The government identified at least $237 million…
In brief Hollywood.com and Crypto.com are joining to debut entertainment-focused prediction markets. Prediction markets are booming lately with record volume and multi-billion-dollar platform valuations. Crypto.com is also powering an upcoming Truth Predict platform from Trump Media & Technology Group. Prediction market fever is sweeping through crypto, politics, sports—and now Hollywood, too.On Monday, Hollywood.com announced an…
In brief The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions. Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year. Ripple ended a four-year legal battle with the SEC this August. Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company…
In brief Nasdaq warned TON Strategy for violating shareholder approval rules after the company raised over $500 million through a private stock sale to buy Toncoin. The exchange said TON Strategy, formerly Verb Technology, did not intentionally evade compliance, and issued only a warning instead of delisting its stock. The firm’s stock briefly surged after…
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:💰 Tether Prints $10 Billion in ProfitTether is the most profitable company nobody talks about.And the stablecoin giant just posted numbers that would…
In brief Ripple Prime clients will have access to dozens of cryptocurrencies. Customers can engage in OTC spot transactions, Ripple said. Hidden Road was a multi-asset prime brokerage. XRP-linked fintech Ripple began letting U.S. customers access spot trading for dozens of cryptocurrencies through its Ripple Prime service, the company said in a blog post on…
In brief Blockchain investment firm and game publisher Animoca Brands plans to go public on the Nasdaq. Its merger with Currenc Group is expected to close next year. Animoca said that it has invested in more than 600 projects to date. Animoca Brands plans to go public on the Nasdaq via a reverse merger, the…
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…
In brief Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since. On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future. However, several other…
In brief A federal appeals court affirmed the Fed’s ability to deny crypto bank Custodia a master account. Custodia had argued the Fed had no choice but to award a master account to eligible banks. The Fed said it could deny Custodia an account based on the risk posed by crypto activity. Custodia said it…
