Everything web3, crypto, defi, degen
In brief BNB climbed more than 10% over the weekend to an all-time high of $1,079, doubling Bitcoin and Solana’s year-to-date gains. Analysts cite renewed institutional demand, Binance’s partnerships, and a stronger regulatory outlook as key drivers. Both bulls and bears see room for correction, with some warning of a dip below $1,000 before longer-term…
In brief Arc is a blockchain built by USDC issuer Circle for stablecoin-focused applications. It uses USDC for gas, features a built-in FX engine, and enables opt-in privacy. Public testnet is expected later this year, with a mainnet beta planned for 2026. Circle, the company behind the USDC stablecoin, has launched a new blockchain platform…
In brief Sen. Elizabeth Warren is demanding answers from the DOJ about its enforcement of Binance’s 2023 settlement and the company’s ties to the Trump administration. Warren criticized the DOJ for not addressing previous questions about Binance’s compliance, a possible pardon for founder Changpeng Zhao, and links to Trump-affiliated crypto platforms. Warren raised new concerns…
For 14 years, we have been one of the most trusted crypto platforms. Our vision is for Kraken Launch to support project teams throughout their token journey by offering services before, during and after token sales. Why Kraken Launch? Crypto started with an ethos of open access for all. However, the first chance retail has…
In brief Prosecutors said Palafox raised $201M by promising daily returns of up to 3%. At least $62.7M in losses were recorded, with funds spent on luxury goods and property. The real issue is fraudulent behavior, not the underlying technology, one observer said. The chief executive of Praetorian Group International, Ramil Ventura Palafox, pleaded guilty…
In brief ASIC has granted class relief for intermediaries distributing stablecoins issued under an AFS licence. An expert told Decrypt this “helps bridge regulatory friction while Treasury finalises its proposed stablecoin regime.” ASIC noted the relief could be extended to additional issuers as more look to secure AFS licences. The Australian Securities and Investments Commission…
In brief Switzerland allowed Backed to avoid whitelisting xStocks. Tokenized Tesla shares have the largest supply. xStocks have roughly 30,000 unique holders. Balancing compliance needs against the open and accessible nature of decentralized finance ultimately brought Backed Finance to Switzerland, according to co-founder Adam Levi.The company was registered in the European nation because it allowed…
In brief Crypto exchange Bullish has received the green light to operate in New York by regulators. The BitLicense and Money Transmission License comes after the exchange had a roaring debut on the New York Stock Exchange in August. Bullish shares rose on the news. Shares of Peter Thiel-backed crypto exchange Bullish jumped 5% after…
FED DECISION TODAY, CZ MAY BE RETURNING, CREATOR COINS HEAD SOUTHBTC taps $117k, BNB leads L1s ahead of Fed decision. Whale moves $116m BTC after 11-year dormancy. Binance nears deal to end DoJ compliance monitor. CZ updates X profile, sparks Binance return rumours. 67% fund managers don’t hold crypto: BofA survey. Crypto execs set to…
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 mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
