Everything web3, crypto, defi, degen
In brief Hackers leaked 72,000+ selfies, IDs, and DMs from Tea’s unsecured database. The private info of women using the app is now searchable and spreading online. The original leaker said lax “vibe coding” may have been one of the reasons why the app was left wide open to attack. The viral women-only dating safety…
In brief The U.S. government is considering bringing charges against Dragonfly’s Tom Schmidt and other partners, Assistant U.S. Attorney Thane Rehn said Friday in federal court. Dragonfly invested in Tornado Cash developers’ Pepper Sec in 2020. Federal prosecutors seized Schmidt’s devices and raided his house in connection to their investigation into Roman Storm. U.S. prosecutors…
In brief Agama, a longtime SEC official appointed Director-General in 2024, has pushed for more proactive engagement with digital asset firms. His latest remarks follow the onboarding of stablecoin firms into the SEC’s regulatory sandbox and renewed public outreach. Analysts say rebuilding trust will depend on whether the government follows through with consistent, transparent enforcement.…
In brief Ethena Labs plans to make its nearly $1.5 billion USDtb stablecoin available in the U.S. The firm is partnering with Anchorage Digital to issue USDtb stateside in the “near future.” Both crypto-native firms and traditional financial institutions are aiming to enter the stablecoin market following the passing earlier this month of stablecoin legislation…
Everyone thinks prediction markets are all about big money and quick trades. But what if the real edge isn’t speed or volume but rather the story behind a prediction?Prediction markets face the same fundamental problem: getting people to care enough to participate. Polymarket addressed this challenge by offering high‑stakes political markets that generated significant volume…
We’re thrilled to announce that CCD is available for trading on Kraken! Funding and trading CCD funding and trading are live as of July 24, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by…
In brief India’s CBDT Chairman Ravi Agrawal said the country is stepping up its use of AI and international data-sharing to identify crypto tax evaders. Minister of State Pankaj Chaudhary confirmed the department is using data analytics to match crypto TDS filings with income tax returns and issue automated notices. India is actively participating in…
In brief Trump’s crypto task force will release its 180-day report on July 30, Bo Hines, the group’s executive director, said Wednesday. The report is expected to outline stablecoin oversight, token classification, and enforcement reforms following the GENIUS and CLARITY Acts, Decrypt was told. Experts say it may propose building a Bitcoin reserve using seized…
In brief Prometheum can custody a handful of tokens, but it’s now racing to support on-chain securities, founder and co-CEO Aaron Kaplan said. Kaplan testified on Capitol Hill in 2023 that the SEC had laid out a clear path to compliance for crypto firms. Some tokenized offerings resemble gambling, Kaplan argued. Tokenization could revolutionize finance,…
In brief A new survey by Reown found that stablecoin owners outnumber Solana holders. Crypto payments and stablecoins have become the “real breakout use case,” for crypto, Reown CEO Jess Houlgrave said. Barriers to adoption include user experience, though solutions such as the WalletConnect Network are addressing the fragmentation of networks and chains. Owners of…
