Everything web3, crypto, defi, degen
In brief Agama, a longtime SEC official appointed Director-General in 2024, has pushed for more proactive engagement with digital asset firms. His latest remarks follow the onboarding of stablecoin firms into the SEC’s regulatory sandbox and renewed public outreach. Analysts say rebuilding trust will depend on whether the government follows through with consistent, transparent enforcement.…
In brief The meme coin market is down over the past 24 hours, with most major meme coins dropping in value. It comes after Alon Cohen, co-founder of Pump.fun, confirmed that the hotly anticipated PUMP airdrop won’t be coming in the “immediate future.” Pump.fun-created tokens GOAT, Moo Deng, and Peanut the Squirrel are amongst the…
PENGU & REKT ALL TIME HIGHS, HUGE ETH ETF INFLOWS, BNB OUTPERFORMS MARKETCrypto majors slightly red with BNB outperforming and hitting new ATH. ETH ETFs see 3rd biggest day of inflows while BTC sees net outflows. Coinbase partners with PNC for Crypto-as-a-Service model. Goldman and BNY to offer tokenized money market accounts. PENGU and REKT…
In brief BNY Mellon and Goldman Sachs are working together on a tokenized money market fund (MMF) product. The product will allow fund managers to subscribe to MMF shares that earn a tokenized representative. The goal is to unlock utility and transferability of MMF shares. Publicly traded financial giants BNY Mellon Corporation and Goldman Sachs…
In brief SpaceX has consolidated $153 million worth of Bitcoin into a single on-chain wallet, Arkham Intelligence data shows. The private company holds 8,285 Bitcoin, or $990 million worth of the token, on its balance sheet. -The movement comes as investors raise concerns about SpaceX, particularly following Elon Musk’s public feud with U.S. President Donald…
In brief BitMine Immersion shares have soared about 800% over the past month. The firm, which previously focused on Bitcoin mining, added $500 million of Ethereum last week. Investment management giant ARK Invest purchased more than 4.7 million shares of the BMNR on Monday. BitMine Immersion shares were up slightly in Tuesday trading, a day…
In brief Altcoins slipped Tuesday morning as tokens including Ethereum (ETH) and Dogecoin (DOGE) gave back gains from last week’s Trump-driven rally. Hedera and Hyperliquid led losses among the top 20 cryptocurrencies by market cap. Analysts called the drop a “healthy correction” after steep gains, pointing to overbought signals, profit-taking, and bullish patterns like XRP’s…
In brief JPMorgan is reportedly exploring crypto-backed loans secured by Bitcoin and Ethereum. The move follows growing institutional interest and regulatory clarity, including the recent passage of the GENIUS Act. Experts say Basel III rules remain a hurdle, but JPMorgan’s plans may signal progress toward treating crypto as acceptable collateral in TradFi. JPMorgan Chase is…
In brief Coinbase has launched CFTC-regulated perpetual futures for U.S. traders, offering up to 10x leverage. The move follows last week’s signing of the GENIUS Act, a landmark crypto law by President Trump. The launch fills a long-standing gap in U.S. crypto markets, Decrypt was told. Coinbase launched CFTC-regulated perpetual futures for U.S. customers Monday,…
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.…
