Everything web3, crypto, defi, degen
In brief Dare Market brands itself as the “most unhinged platform on the internet,” as it creates a place for people to be paid to do goofy stunts. However, Dare Market says it won’t allow dangerous content on the site due to its strict moderation policy. The project raised a $2 million pre-seed round led…
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 fall 2-3% after Powell says rate cut not certain in December MetaMask parent Consensys files for IPO Mastercard to acquire…
In brief Key metrics such as ETF flows, Coinbase Premium, and the CME basis signal a decline in U.S. institutional demand for Ethereum. Experts cite a closed Grayscale arbitrage window and a broader macro risk reassessment as primary causes. The long-term outlook remains bullish, contingent on Ethereum’s utility and real-world asset adoption. Demand for Ethereum…
In brief AFP Commissioner Krissy Barrett revealed Wednesday how a data scientist unlocked over $6 million from a crypto wallet held by an “alleged criminal.” The data scientist was able to access the wallet by identifying fabricated digits in a seed phrase sequence. The same analyst has since cracked another wallet using a different method,…
In brief Thai police have arrested Chinese national Liang Ai-Bing on Wednesday over an alleged $14 million crypto scam tied to defunct platform FINTOCH. FINTOCH promised 1% daily returns, falsely claimed Morgan Stanley backing, and used an actor as a fake CEO before an exit scam in May 2023. On-chain analyst ZachXBT traced the rug…
In brief Gold’s pullback may create space for a Bitcoin catch-up trade, experts say. Gold has suffered a six-day, 10% slide only 10 times in the past 45 years, and in each case the metal regained losses within roughly two months, posting an average rebound of about 8%. The Q4 outlook for both assets remains…
In brief The deal would outpace Stripe’s massive $1.1 billion purchase of stablecoin startup Bridge last year. Stablecoin activity has mushroomed with tokens’ total market cap increasing by about $100 billion year-to-date. Last month, Morgan Stanley teamed with Zerohash to enable E*Trade customers to trade Bitcoin, Ethereum, and Solana. Credit card giant Mastercard is reportedly…
In brief IBM researchers entangled 120 qubits, setting a new benchmark for quantum computing. The GHZ “cat state” achieved fidelity of 0.56, proving full multi-qubit entanglement. Direct Fidelity Estimation confirmed results, offering scalable quantum verification. IBM’s latest quantum breakthrough has edged the crypto world a little closer to its nightmare scenario—a computer capable of breaking…
In brief Michael Saylor thinks Bitcoin will rise to around $150,000 by the end of the year, thanks to diminishing volatility. The Strategy founder predicts BTC will hit $1 million per coin in the next four to eight years. Saylor also said the last 12 months have been the best in the history of the…
In brief MetaMask maker Consensys has tapped JPMorgan and Goldman Sachs to advise on a potential IPO, Axios reported. The Ethereum developer joins Circle and Bullish in pursuing listings as investor appetite for crypto equities improves. It follows a fresh wave of crypto IPOs this year, including Circle’s June debut and Bullish’s August listing on…
