Everything web3, crypto, defi, degen
In brief Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut. The Solana-based project adds a new dimension to their on-chain presence. Physically-backed Pokémon card NFTs have primarily existed on Polygon. Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based…
In brief Ondo Finance launched tokenized versions of 100+ U.S. stocks and ETFs on Ethereum, backed by real assets held at registered U.S. broker-dealers. The tokenized stocks are only available to non-U.S. investors due to regulatory restrictions. The tokenized assets enable 24/7 trading and fractional ownership, allowing global investors to trade U.S. securities outside normal…
In brief The U.S. has jumped from fourth to second place in global crypto adoption as regulatory clarity drives institutional demand, according to the latest Chainalysis report. India has maintained a three-year winning streak despite heavy taxation and compliance requirements. The Asia-Pacific region led growth with a 69% surge in transaction volume, while stablecoin volumes…
In brief Kevin Spacey has returned to directing with “Holiguards Saga—The Portal of Force,” a sci-fi film written by Russian entrepreneur Vladimir “Lado” Okhotnikov. Okhotnikov, co-founder of Ethereum DeFi app Forsage, faces U.S. fraud charges tied to an alleged $300 million crypto Ponzi scheme. The film, which is inspired by Okhotnikov’s libertarian principles, is the…
We’re excited to announce the next major step in the rapid growth of xStocks, the industry’s gold standard for tokenized equities. In partnership with Backed, Kraken is bringing xStocks to the Ethereum blockchain, unlocking a new wave of opportunities for tokenized stocks and ETFs to be integrated across the world’s most widely adopted smart contract…
In brief A Binance Smart Chain user fell victim to a phishing scam and lost $13.5 million worth of tokens on Tuesday. Early reports suggested that BNB lending platform Venus Protocol had been hacked, but blockchain security firms subsequently confirmed that this was not the case. Venus Protocol and security firm PeckShield are in contact…
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 slightly green out of long weekend; BTC at $110,000 Trump family WLFI token has volatile debut, now at $25B FDV…
In brief Decentralized exchange BunniXYZ has reportedly lost $8.4 million to a liquidity-based security exploit. The DEX has paused all smart contract activity on its network and is “actively investigating” the attack. Hackers reportedly manipulated Bunni’s “liquidity curve,” also known as its LDF, to carry out the exploit. Decentralized exchange (DEX) BunniXYZ has reportedly lost…
In brief President Trump and his family saw their net worth surge by almost $6 billion after trading began for WLFI. The family collectively owns 22.5 billion WLFI tokens, now valued at nearly $6 billion, though the tokens remain locked under a vesting schedule that has not yet been determined. WLFI’s market debut gave the…
In brief President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap. At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko. Some early buyers of the token could today realize a gain of more than…
