Everything web3, crypto, defi, degen
In brief Monad unveiled an eligibility checker and early claim portal for its upcoming MON airdrop. The portal will be open until November 3 in which eligible participants can register an early claim on their tokens. Monad is set to rival Ethereum and Solana and raised $225 million in 2024 to build its layer-1 network.…
In brief Tesla CEO Elon Musk praised Bitcoin’s energy-based foundation on Tuesday, suggesting its value comes from the impossibility of faking energy, unlike fiat currency which governments can debase. This marks a shift from 2021 when Musk criticized Bitcoin’s electricity consumption as “insane,” and Tesla stopped accepting BTC payments over environmental concerns. Tesla currently holds…
In brief Ethereum ETFs recorded $428.5 million in outflows on October 13, the largest single-day exodus in five weeks, with BlackRock’s ETHA leading at $310.1 million. The retreat follows a prior week that saw $488 million in net ETH ETF inflows, part of a broader $3.17 billion surge into crypto products. Experts attribute the defensive…
In brief Ripple is teaming with blockchain security firm Immunefi to host an “attackathon” for the XRP Ledger lending protocol. If one serious bug is found, a full $200,000 will be provided to participants. The protocol aims to eventually offer fixed-term, uncollateralized loans on the XRP Ledger. Ripple is offering up to $200,000 to users…
In brief Top bank Citi will debut a crypto custody service in 2026, CNBC reports. The bank is the latest to delve into other digital asset services. Mainstream banks are working on everything from stablecoin offerings to crypto trading for clients. Citi will reportedly debut a crypto custody service in 2026 as mainstream financial institutions…
In brief Hungarian novelist László Krasznahorkai was awarded the 2025 Nobel Prize for Literature last week. His story links crypto and blockchain with trust, portraying them as systems that ensure authenticity without human intermediaries. The narrator argues that “the model already exists in crypto,” presenting it as proof that belief can still structure a broken…
In brief TAO, MNT, WLF, ASTER, DOGE and BNB are among the altcoins leading the post-crash recovery, with gains of up to 30%. Analysts told Decrypt that their utility, liquidity depth, and strong narratives are driving the rebound. Experts project a market consolidation phase through the second half of October. A handful of altcoins are…
In brief Meme coins including SHIB, PEPE, PENGU, BONK, and WIF are leading crypto’s recovery from Friday’s crash, pushing the total meme coin market cap to $69 billion. Friday’s selloff triggered nearly $20 billion in liquidations, the largest single-day wipeout in crypto history, as Bitcoin plunged from $121,000 to $109,000 before rebounding. Analysts told Decrypt…
In brief Friends and collaborators described Pagotto as “super creative” and “discreet and humble.” RTFKT cofounder Steven Vasilev and BAYC’s Greg Solano were among those who paid tribute online. Pagotto helped build RTFKT into one of digital fashion’s most influential brands before Nike acquired it in 2021. Benoît Pagotto, co-founder of the digital fashion studio…
If you looked away from crypto markets on Friday, then you missed a record-breaking bloodbath.Following a Friday morning threat from U.S. President Donald Trump to unleash “massive” new trade tariffs on China, crypto prices began to plunge alongside stocks, representing widespread concern from investors. And then crypto declines rapidly accelerated late in the afternoon when…
