Everything web3, crypto, defi, degen
In brief Pixelverse is expanding beyond its successful Telegram tap-to-earn game, launching an arcade platform on Ethereum layer-2 network, Base. Its expansion is focused on delivering more Web3 mechanics to a receptive audience of crypto-native users. Its first game is Storychain, an AI agent-led game focusing on collaborative storytelling through social media. Pixelverse is moving…
In brief PENGU has jumped by double digits over the past 24 hours, following its appearance in the earnings report of a publicly traded digital asset exchange. Predictors on Myriad think it’s likely that the meme coin will climb an extra 34% to $0.05, rather than dipping to $0.02. The Pudgy Penguins’ NFT collection has…
In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE)…
In brief Crypto exchange Bullish has received the green light to operate in New York by regulators. The BitLicense and Money Transmission License comes after the exchange had a roaring debut on the New York Stock Exchange in August. Bullish shares rose on the news. Shares of Peter Thiel-backed crypto exchange Bullish jumped 5% after…
In brief The UK’s Financial Conduct Authority has launched another consultation on standards for crypto firms mirroring traditional finance rules. The current proposals aim to balance consumer protection, innovation and international competitiveness. The rules form part of a wider UK push to regulate cryptoassets from 2026. The UK’s Financial Conduct Authority (FCA) has opened a…
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: Crypto majors mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
In brief Coinbase has filed a letter with the DOJ urging federal preemption of state crypto laws, citing Oregon’s securities suit, New York’s ETH stance, and staking bans. Chief Legal Officer Paul Grewal called state actions “government run amok,” warning that patchwork enforcement “slows innovation and harms consumers.” A legal expert told Decrypt that states…
In brief Layer 1 tokens take the lead as investors prepare for the highly anticipated FOMC meeting. Analyst attributes XRP, BNB, and Hyperliquid’s out-of-pocket performance to coin-specific development. With altcoin open interest briefly surging above Bitcoin’s, investor appetite continues to remain elevated. With the Fed’s crucial interest rate decision in less than 12 hours, a…
In brief The amended complaint claims TaskUs’s India operations were at the center of a coordinated bribery scheme to steal customer information. Plaintiffs allege the company concealed the breach, firing investigators and failing to disclose details in securities filings before a $1.6 billion Blackstone buyout. Coinbase reimbursed affected users, tightened controls, and ended its relationship…
In brief DeepMind warns AI agent economies may emerge spontaneously and disrupt markets. Risks include systemic crashes, monopolization, and widening inequality. Researchers urge proactive design: fairness, auctions, and “mission economies.” Without urgent intervention, we’re on the verge of creating a dystopian future run by invisible, autonomous AI economies that will amplify inequality and systemic risk.…
