Everything web3, crypto, defi, degen
In brief Reform UK has reportedly received a donation in cryptocurrency, the UK’s first ever to a political party. Donations must be referred to the electoral regulator if they exceed £11,180 ($14,905). Commentators warn that crypto-based donations may increase the risk of anonymous and illicit campaign contributions. The UK’s Electoral Commission is planning to update…
In brief Synthetix (SNX) is up 190% over the past month ahead of its Q4 Ethereum mainnet perpetual DEX launch. The rally has fueled a spike in on-chain activity with 975 new wallets and 229 whale transfers in a day. Experts call the recent pullback a healthy correction, with long-term growth depending on user retention.…
In brief Gold futures climbed above $4,200 per ounce Tuesday, setting a new all-time high. CoinGlass tracked more than $21 billion in crypto outflows from Binance over the past week. Analysts told Decrypt the divergence marks a short-term flight to safety, with capital temporarily shifting from crypto to gold ahead of key Fed signals. Gold…
In brief Deren Akyeam-Pong pleaded guilty to nine charges, including kidnapping and assault related to the December 2022 abduction of Ontario’s “Crypto King” Aiden Pleterski. The guilty plea prompted an immediate adjournment of the trial for co-defendants Akil Heywood and Alfredo Paladino, with no new trial date scheduled. Cybersecurity consultant warns oversharing crypto gains “practically…
In brief Coinbase is making a fresh investment in CoinDCX, building on prior investments through Coinbase Ventures, with the deal subject to regulatory approvals. The deal comes months after CoinDCX weathered a $44.2 million hack in July, which the exchange absorbed from its treasury reserves while dismissing acquisition rumors at the time. Industry experts view…
In brief Public companies holding Bitcoin saw a 40% surge in the third quarter. These firms collectively hold over 1.02M BTC, valued at over $117 billion. Experts cite friendly policy and long-term strategy, forecasting that Bitcoin could hit $160,000 in the fourth quarter. A record number of companies have increased their Bitcoin exposure in the…
In brief Bitcoin hit a new all-time high last week, before plunging following President Trump’s tariff announcements. It has recovered slightly, while gold has already jumped to a new high this week. Bitcoin and gold will continue to be bought by traders to hedge against currency debasement, experts told Decrypt. Bitcoin had been on a…
In brief Regulators want to ban insider crypto trading in Japan, The Nikkei reported. Previously, laws against insider trading didn’t apply to digital assets. The Securities and Exchange Surveillance Commission will be authorized to investigate suspected violations, the report added. Japanese regulators plan to ban insider trading on crypto, according to a report, in a…
In brief Bitcoin gained against Ethereum as Trump’s latest tariff threat weighed on markets. Despite recently losing ground, Ethereum is still outperforming Bitcoin this year. Some analysts foresee an altcoin rally, while others are doubtful. Ethereum surged against Bitcoin on its way toward a peak of nearly $5,000 this summer, but the reigning cryptocurrency reasserted…
In brief New York City Mayor Eric Adams signed an executive order to establish the Office of Digital Assets and Blockchain Technology. Moises Rendon, who has served in the NYC Office of Innovation and Technology since 2024, will lead the new office. Adams will leave office in January, after ending his reelection campaign in late…
