Everything web3, crypto, defi, degen
In brief Figma stock dropped nearly 20% to $54.56 on Thursday after its first quarterly earnings since going public. Ark Invest Tracker data showed more than 100,000 shares added to ARKW, though the disclosure has not yet been confirmed in ARK’s public filings ARK’s purchase is a “textbook” Cathie Wood move, Decrypt was told. Ark…
In brief Kraken has bought proprietary trading platform Breakout. It’s the latest acquisition by the crypto exchange. San Francisco-based Kraken has said it is planning to go public. U.S. crypto exchange Kraken has acquired proprietary trading platform Breakout, the company announced Thursday, as it continues its efforts to expand services ahead of a planned public…
In brief World Liberty Financial’s governance token hit a new low price on Thursday, just days after trading began. The token appears most popular among traders in South Korea, based on exchange volumes. Some analysts warned that the WLFI token could “decimate” retail investors, while presale buyers remain well in profit. World Liberty Financial, the…
POKEMON CARDS ON-CHAIN, CRYPTO STABLE, POLYMARKET GETS GREEN-LIGHTCrypto stable amid strong BTC ETF inflows. Fed to hold conference on stablecoins, tokenisation. American Bitcoin soars on Nasdaq listing. BTC & gold best hedge for debt crisis:: Dalio. Treasury BV raises $147m to buy BTC. Bitmine buys $358m ETH. ETH supply on exchanges hit 3-year low. AlphaTON…
In brief Public code libraries are being poisoned with malware that is being downloaded via Ethereum smart contracts. Software security firm ReversingLabs identified a sophisticated network of malicious packages using this method with fake activity to give a sense of legitimacy. Binance chief security officer, Jimmy Su, told Decrypt in August that package poisoning like…
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 chop with ETH leading; BTC at $111,000 CFTC clears Polymarket for US operations; departing chair issues warning Federal Reserve to…
In brief Coinbase CEO Brian Armstrong wants half of all code at the exchange to be AI-generated by October. AI already accounts for 40% of daily code at Coinbase, reflecting a wider industry embrace of AI coding assistants. The surge in AI-assisted coding contrasts with the “vibe coding” trend, where developers lean on AI for…
In brief Crypto exchange Bullish debuted on the New York Stock Exchange in August. Its stock soared to more than triple the initial offering price. But analysts at Compass Point say it’s currently trading too high. Analysts at investment bank Compass Point initiated coverage of crypto exchange Bullish with a neutral rating and a $45…
In brief The TROLL meme coin team has secured an exclusive license to the Trollface IP, following a six-figure deal with the creator. Carlos Ramirez, the Trollface artist, will also earn an 11% royalty fee on net revenue produced by future TROLL meme coin merchandise. Seal, the pseudonymous community takeover lead for TROLL, called the…
In brief Ondo Finance launched tokenized versions of 100+ U.S. stocks and ETFs on Ethereum, backed by real assets held at registered U.S. broker-dealers. The tokenized stocks are only available to non-U.S. investors due to regulatory restrictions. The tokenized assets enable 24/7 trading and fractional ownership, allowing global investors to trade U.S. securities outside normal…
