Everything web3, crypto, defi, degen
In brief Citi has given Strategy a “buy” rating and a price target of $485. But the bank warned that the stock could dip with the price of Bitcoin. Strategy closed Tuesday trading at nearly $302 per share. Citi has given Strategy stock a “buy” rating and a price target of $485, citing the investment…
The company behind the Kadena blockchain announced Tuesday that it is shutting down—and while the decentralized blockchain will remain online, the KDA token tied to it has quickly plummeted in price following the news.The Kadena organization wrote on X that it “is no longer able to continue business operations and will be ceasing all business…
In brief ChatGPT Atlas is initially available on macOS with versions for Windows, iOS and Android to follow.  Built on the Chromium engine, it embeds the Operator AI agent which can automate tasks like booking reservations and filling out forms.  The launch signals OpenAI’s shift from being a chatbot provider to controlling a…
In brief Galaxy Digital disclosed $505 million in Q3 profits. Assets on Galaxy’s platform reached a record $17 billion. The firm recently unveiled a Coinbase and Robinhood competitor. Galaxy Digital shares jumped on Tuesday after the institutional crypto firm reported $505 million in third-quarter profits amid an increasing amount of assets on its platform.The New…
In brief OCC Chief Jonathan Gould said any material deposit impact from stablecoins “would not happen in unnoticed fashion” and “would not happen overnight” at the ABA convention on October 19. His reassurances come as the American Bankers Association and over 50 state banking groups demand Congress close “loopholes” allowing third parties to offer yield…
In brief Solana Company (HSDT) opened resale for investors following a $500 million raise led by Pantera Capital and Summer Capital Shares fell more than 20% Monday after the resale registration took effect, expanding the tradable float. Leadership says proceeding now, rather than waiting for calmer markets, demonstrates conviction and transparency in its Solana-based treasury…
In brief X is launching its handle marketplace, letting Premium users buy or rent inactive usernames for up to $1 million. Priority handles are rentals, revoked if users cancel their subscription. The move chases new revenue, turning usernames into digital real estate as ad income collapses. X is rolling out its long-promised handle marketplace, allowing…
In brief House of Doge, the Dogecoin Foundation’s commercial arm, acquired a controlling stake in U.S. Triestina Calcio 1918. The soccer club plays in Serie C, the third-highest league of Italian professional soccer. As part of the announcement, it added Toronto Blue Jays Vice Chairman Roger Rai to its advisory board to help with sports…
In brief Solana founder Anatoly Yakovenko uploaded the code for a perpetual futures exchange to Github, but he says he isn’t developing the platform. Yakovenko invited other devs to steal his idea and wants to see more competition in the perpetual futures exchange sector. Despite the Solana founder pushing back, crypto degens still speculated on…
In brief Tammy Carvey of Michigan used ChatGPT to pick Powerball numbers, and won $100,000 in the draw. AI tools marketed as “lottery predictors” show no proven accuracy, experts say—they mimic randomness. AI helps lotteries detect fraud and monitor gambling, but doesn’t boost players’ winning chances. Tammy Carvey’s $100,000 Powerball win is turning heads—not for…
