Everything web3, crypto, defi, degen
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…
In brief Aster has delayed its airdrop from October 14 to October 20, due to “potential data inconsistencies” leading to miscalculated token allocations. The announcement said that “for most users,” the new figures should not be lower than what they have already been shown. It comes just hours after the airdrop checker went live, which…
In brief Major banks including Banco Santander, Citi, Bank of America, and Deutsche Bank are exploring a “1:1 reserve-backed form of digital money.” The banks said in a statement that the potential product would be pegged to G7 currencies. A number of companies and banks worldwide are interested in issuing stablecoins. A group of international…
In brief A user on Hyperliquid was hacked for $21 million after their private keys appear to have been leaked. Private keys allow a wallet owner to sign a transaction, meaning anyone in possession of it has control over the wallet. Blockchain security experts say that private keys can be compromised via phishing sites, malware-infected…
In brief Zcash (ZEC) surged over the past week to its highest level since April 2022, leading a sector-wide rally for privacy coins including Railgun and Dash. The rally comes as concerns mount over financial surveillance and sanctions, with investors seeking assets that offer greater privacy and protection from capital freezes amid geopolitical uncertainty. Analysts…
In brief Solana exchange-traded funds could get the green light this month. But investor fatigue and more interest in Ethereum could dampen inflows into the products, JP Morgan analysts have said. A number of top asset managers have this year tried to get SEC approval for a SOL ETF. U.S. exchange-traded funds giving investors Solana…
In brief Monad will open its MON token airdrop claim portal next Tuesday. Further details about the actual airdrop and mainnet launch will come “in the near future”, the company told Decrypt. The closely watched blockchain project has not yet revealed who qualifies for the airdrop, or details about MON’s token supply and distribution. The…
In brief Bitcoin’s “debasement trade” narrative echoes gold’s historical role as a hedge against currency dilution. Some observers say Bitcoin still trades more like a high-risk asset than a haven. Others argue that could change as gold grows more expensive and trust in fiat erodes. Bitcoin’s latest price movements are reviving an old narrative that…
In brief Digital asset treasury company Safety Shot Inc., is set to rebrand itself to Bonk, Inc. on Friday. The firm says its part of a crucial shift into the “digital asset space” as it looks to “evolve” its plans and “sell off any unnecessary assets.” Its stock is up 37.65% over the past 5…
