Everything web3, crypto, defi, degen
Top crypto trading platforms Coinbase and Robinhood went offline for hours Monday, with the companies citing an Amazon Web Services (AWS) outage as the cause of the mayhem. Users across the world panicked as their crypto funds became—at least temporarily—inaccessible. Users of both apps reported an inability not only to buy or sell tokens on Monday,…
In brief BlackRock’s iShares Bitcoin ETP is now available to UK retail investors on the London Stock Exchange, backed by bitcoin held through Coinbase custody. BlackRock’s U.S. Bitcoin ETF became the firm’s most profitable fund in just 21 months, though it fell short of the $100 billion milestone amid last week’s market crash. BlackRock CEO…
In brief Gemini is launching a Solana version of its Gemini Credit Card. Users can earn SOL on every purchase and automatically stake it to boost their rewards. The exchange also offers Bitcoin and XRP versions of the card. Publicly traded crypto exchange Gemini expanded its credit card suite on Monday, unveiling the Solana Card—a…
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 rebound over the weekend, Bitcoin back at $110,700 Stripe’s Tempo raises $500M at $5B valuation Mr Beast files trademark for…
In brief Assembly Bill 9138, introduced Friday in the New York State Assembly, would tax proof-of-work miners based on electricity consumption, with rates ranging from 2 to 5 cents per kilowatt-hour. The companion bill to Senate Bill 8518 would funnel collected taxes into New York’s Energy Affordability Programs for low- to moderate-income households. Mining operations…
In brief Travis Chen, a quantitative trader who worked for the brothers’ company, testified about a December 2022 meeting where they outlined the alleged scheme. Chen agreed to forfeit $2.4 million, his cut from the operation, under a nonprosecution agreement with the government. Notes from the planning meeting showed the brothers reportedly anticipated making $6…
In brief Bitcoin stabilized above $105,000 over the weekend, triggering a push toward $109,400. Experts say Bitcoin could be forming a local bottom amid softening U.S.-China trade tensions, but remain cautious. The end of quantitative tightening and potential rate cuts create a bullish setup for Bitcoin heading into 2026. Bitcoin is showing signs of stabilization…
China has moved to block private stablecoin ambitions in Hong Kong, in what could be interpreted as an effort to reaffirm its state authority over monetary policy.Two of China’s largest technology companies, Alibaba-backed Ant Group and JD.com, an e-commerce group, have been instructed to suspend their stablecoin plans in Hong Kong.That follows guidance from the…
In brief Traders on Polymarket are anticipating a potential token launch, and some users are looking to farm it. Last year, airdrop farming was visibly rampant, with many users engaging in obvious wash trading methods. Now, however, the wash trading has gotten more sophisticated while other farmers are just optimizing their use of the prediction…
In brief Bitcoin’s energy consumption remains large, at an estimated 138TWh as of 2025. Recent academic research explores the broader environmental cost of Bitcoin mining, adding in carbon dioxide, water, e-waste, and land impacts. Policy pressure is rising as governments focus on what kind of power Bitcoin mining uses, where it is sited, and what…
