Business

EU Risk Watchdog Sounds Alarm on Stablecoin Safeguards

In brief EU regulators have warned that cross-border schemes could create redemption pressures in the bloc, forcing ECB intervention. The EU has one of the world’s strictest crypto regimes and requires stablecoins to be fully backed by reserves. The stablecoin market is currently valued at over $300 billion, dominated by U.S. dollar-based tokens. The European…

1inchBusiness

1inch Unveils New Look as Coinbase Integrates API

In brief DeFi ecosystem 1inch has rebranded with a new 1inch.com domain, reflecting its commitment to user experience and decentralized finance’s growing importance for institutions. Co-founder Sergej Kunz argued that DeFi will become “indistinguishable” from traditional finance. 1inch has teamed up with Coinbase to integrate its Swap API into the crypto exchange’s app. DeFi ecosystem…

Opinion

Morning Minute: Polymarket Prepares for Imminent U.S. Launch

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.🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-TimeAfter four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.Potentially as…

NFTs

Why Crypto Brand Doodles Is Now on a Froot Loops Cereal Box

In brief Ethereum NFT collection Doodles collaborated with Kellogg’s to put its characters on Froot Loops boxes. The brand sold out 500 custom boxes priced at $50 apiece in just a few hours. It previously collaborated with McDonald’s on holiday coffee cups, along with other brand team-ups. Ethereum NFT collection Doodles commenced its collaboration with…