Everything web3, crypto, defi, degen
In brief Coinbase is listing the World Liberty Financial stablecoin, USD1. World Liberty Financial is backed by President Donald Trump and its sons. While a dollar-pegged stablecoin like USD1 won’t see a price jump from the listing, it could boost World Liberty’s visibility. The USD1 stablecoin from World Liberty Financial—a crypto project backed by President…
In brief XRP Ledger received a security score of 41 out of 100—the lowest among 15 major blockchains—in Kaiko’s Blockchain Ecosystem report released in August. A RippleX leader dismissed the low rating, pointing to XRP Ledger’s strong safety record. XRP Ledger’s software development kit was hit with a supply chain attack in April, but devs…
In brief MetaMask has announced the launch of a native stablecoin, mUSD, issued by Stripe subsidiary Bridge and fully backed by dollar-equivalent assets. The stablecoin will be integrated throughout the MetaMask ecosystem, launching first on Ethereum and Linea, and will later be enabled as a payment option for the Mastercard-powered MetaMask debit card. MetaMask leadership…
In brief Crypto markets have decidedly shifted from “greed” to “fear” as the rally cools and uncertainty sets in. Even still, crypto majors like Ethereum and Solana are showing resilient signs. The day’s biggest overperformer, though, may come as a surprise: Is Chainlink making a comeback? Crypto markets appear to be entering a cautious rebound…
In brief The U.S. Treasury is seeking public comment on innovative technologies like AI, blockchain monitoring, and digital ID verification to detect illicit cryptocurrency use, with responses due October 17. Industry experts believe privacy and compliance can be balanced through zero-knowledge proofs and reusable KYC credentials that verify users without exposing personal data. The Treasury…
In brief Bitcoin’s price will likely peak in six months to a year, Bernstein analysts said. As the bull market broadens, Ethereum and Solana will likely shine, they said. Bernstein analysts raised their price target for Robinhood shares to $160. As the White House pushes crypto on Capitol Hill, it’s becoming increasingly difficult to see…
In brief SEC Chair Paul Atkins announced a major shift in crypto strategy, stating the regulator will no longer pursue “regulation by enforcement” against crypto projects, and wants to “embrace innovation.” Atkins launched “Project Crypto,” an initiative to attract crypto businesses to the U.S. by offering tailored disclosures, exemptions, and safe harbors for various crypto…
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 are slightly green after volatile day; BTC at $115,600 Tom Lee buys $1.7B in ETH in the past week, becomes…
CRYPTO SLIDES, LINK LEADS ALTS, FED ENDS CRYPTO SUPERVISIONBTC slides to $115k despite stability in stocks. ETH & SOL weakest in majors, LINK leads alts. Fed ends crypto supervision program. US weighs digital ID verification in DeFi. BTC hits 1.7% of total global money supply. ETH hits ATH in transaction count, active addresses. ETH ETFs…
In brief Publicly traded companies are now racing to accumulate Ethereum. Firms with strategic ETH reserves now account for more than 3% of the entire ETH supply. The top holders include BitMine Immersion Technologies, SharpLink Gaming, and Coinbase. The trend of publicly traded companies adopting crypto treasury strategies may have started with Bitcoin, but it…
