Everything web3, crypto, defi, degen
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…
In brief The Ethereum Foundation has launched a new privacy team, with over 28 members in different fields The news comes ahead of the Foundation launching a privacy-centric wallet SDK, Kohaku. Interest in privacy-focused coins like Zcash has risen in recent weeks. The Ethereum Foundation is launching a new privacy cluster, as part of plans…
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 on the day, Bitcoin holds at $123,000 ZCash soars 35% leading all crypto movers; RAIL jumps 100% Jack Dorsey’s…
In brief Block founder Jack Dorsey tweeted a call for a de minimis tax exemption on everyday Bitcoin transactions, prompting Sen. Cynthia Lummis to reply she’s “Working on it.” Lummis urged supporters of the tax exemption to contact their representatives. The exemption was part of crypto tax reforms that failed to make it into Trump’s…
A non-custodial stablecoin wallet provider has unveiled new payment features that are designed to appeal to freelancers around the world.MiniPay now allows users to share virtual bank account details with their clients, enabling them to receive dollars and euros. Once paid, the cash is automatically converted into stablecoins like USDT and USDC. Big news for…
In brief The Roughrider Coin is scheduled to launch in 2026. The stablecoin is built on the FIUSD platform and backed by U.S. dollars. The announcement follows Wyoming’s Frontier Stable Token debut in August. The Bank of North Dakota and financial technology firm Fiserv announced Wednesday that they will launch Roughrider Coin, a U.S. dollar-backed…
In brief Grant Cardone views Bitcoin as a superior store of value to gold. Hedge fund innovator Ray Dalio has urged investors to own a combination. The precious metal has outperformed Nvidia this year. Investors may see opportunity in gold’s historic rally, but they shouldn’t be selling Bitcoin to latch onto the precious metal, according…
In brief Shayne Coplan, the CEO of Polymarket, has entered the billionaire club as the youngest self-made billionaire, per Bloomberg. He joins a list of other crypto billionaires including Changpeng “CZ” Zhao, Michael Saylor, and Satoshi Nakamoto. Coplan’s rise in net worth follows Polymarket’s valuation of $9 billion, as it secured a $2 billion investment…
In brief Solana DEX aggregator Jupiter has tapped Ethean to launch its own stablecoin. JupUSD is expected to launch in Q4 and will initially be collateralized by USDtb, Ethena’s short-term treasury-backed stablecoin. The total stablecoin market cap has grown by more than 75% in the last year and now sits above $300 billion. Jupiter, a…
In brief YZi Labs, formerly known as Binance Labs, is kickstarting a $1 billion builders fund for those looking to develop long-term on BNB Chain. The fund will support builders in areas like trading, real-world assets, artificial intelligence, DeSCI, and DeFi. The firm is merging its EASY Residency program with BNB Chain’s incubator “MVB” to…
