Everything web3, crypto, defi, degen
In brief Gabriel Haines often posts shirtless rants about crypto on X. He has raised money to film a pilot for a dark comedy based on industry happenings. The protagonist of “The Max Extractor” is loosely inspired by Libra co-creator, Hayden Davis. When a meme coin crisis befell Argentine President Javier Milei in February, Gabriel…
In brief The pseudonymous Buzzlamic Jihad has joined Aptos as an advisor, after months of memes he posted on social media helped pump the token in February. Buzz told Decrypt he wants to fix Aptos’ image problem and position it as a premium stablecoin network. He also plans to leverage his long-time relationship with the…
In brief BNB Chain’s X account may be compromised with users urged not click on any links. CZ made the public announcement via his own X account on Wednesday. Phishing remains a prominent attack vector in the crypto industry. The official X account for BNB Chain has been compromised, prompting an urgent alert from Binance…
In brief The crypto market is poised to close in the green for September as Bitcoin rallies above $114k. Altcoins like ADA and DOGE, though, aren’t faring nearly as well. Technical indicators and prediction market data diverge on the near and long-term market view. The crypto market is nursing another day of modest losses—but they’re…
In brief Phantom designed its own stablecoin—CASH—to underpin its new consumer financial platform Phantom Cash. Phantom Cash will offer unique features like peer-to-peer transactions, a Visa debit card, and rewards on unspent CASH. The wallet provider raised $150 million in January at a $3 billion valuation. Popular Solana crypto wallet Phantom unveiled CASH, a new…
In brief Kentucky Senator Brandon Smith faces two lawsuits over his Bitcoin mining repair company Mohawk Energy, including claims of misrepresentation and breach of contract. Smith, who authored Kentucky’s 2021 crypto mining tax incentive bill, denies all allegations and has filed counterclaims against both plaintiffs. The legal troubles highlight growing pains in the U.S. crypto…
In brief Bitcoin has historically performed well in October, posting green months nine out of the past 10 years. It has led traders to believe in the legend of “Uptober,” and this year is no different. However, market analysts warn that the reality is much more complex, with many macro factors ready to blow up…
In brief Core v30 raises the OP_RETURN limit, letting transactions carry far larger amounts of non-payment data like messages, proofs, or files. Critics say the change risks abuse and legal exposure, while supporters argue it provides a cleaner, safer way to handle data. Figures including Adam Back and Jameson Lopp have flagged the idea spans…
In brief An old address holding 400 Bitcoin worth over $44 million has moved their “digital gold.” The coins had sat in the digital wallet since November 2013. Bitcoin is up 16,000% since then. A growing number of “Satoshi-era” investors have moved their Bitcoin in recent months with BTC steadily above $100K. Another long-term Bitcoin…
In brief New York Department of Financial Services Superintendent Adrienne Harris is leaving her position in October. Under her tenure, NYDFS became the first American regulatory body to provide guidance on stablecoins. Kaitlin Aslow, who is at the NYDFS now, will take over as superintendent after serving at the Federal Reserve and the Financial Health…
