Everything web3, crypto, defi, degen
In brief Pump.fun has regained popularity on Solana at LetsBonk’s expense, and its token is surging again. Meme coin traders have flocked to competitors in recent weeks. Pump.fun unveiled the Glass Full Foundation last week, which helps support tokens with liquidity. Pump.fun’s token surged on Monday as the meme coin launchpad clawed back market share…
In brief The Uniswap Foundation published a proposal for Uniswap Governance to become a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA). The Cowboy State enacted the legal framework for DAOs last year. It would allow Uniswap Governance to operate with greater legal clarity, Uniswap Foundation General Counsel Brian Nistler said. The Uniswap Foundation published a proposal…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
In brief Ethereum ETFs led digital asset funds with $268 million in weekly inflows, narrowly outpacing Bitcoin’s $260 million despite early-week volatility, according to CoinShares. The turnaround came after $1 billion in combined outflows early in the week, triggered by weak U.S. payroll data, before a $1.57 billion surge following 401(k) crypto approval. Ethereum’s year-to-date…
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 sell off after big overnight pump; BTC at $120,500 ETH soars to $4,350 in big weekend run; Punks hit $235k…
In brief BNB Network Company spent $160 million from its $500 million treasury plan to buy 200,000 BNB, becoming the largest corporate holder of the token. The move is part of a shift toward BNB Chain’s ecosystem, which the company says has 250 million users but little U.S. institutional exposure. Executives and analysts are split…
In brief Coinbase is raising $2 billion in convertible notes for acquisitions and general corporate purposes amid analyst concerns over Q2’s 25% revenue drop. Two Seas Capital, Core Scientific’s largest shareholder with 6.3% stake, opposes the $9 billion all-stock sale to CoreWeave as “inadequate valuation.” Block Inc. added 108 Bitcoin to its corporate treasury in…
In brief Coinbase is rolling out decentralized exchange trading on its app. Digital tokens previously available on decentralized exchanges will now be available on the app. The San Francisco-based firm has made six acquisitions this year as it aims to expand its services. Coinbase will offer decentralized exchange trading for U.S. customers, the crypto exchange…
In brief CrediX’s team “has disappeared” following a $4.5 million exploit. A CrediX security report was addressed to users with “Fam.” Stability DAO, which was affected, is prepping a legal report. CrediX’s team has grown increasingly quiet since hackers swiped $4.5 million worth of crypto from the decentralized finance protocol on Monday.On Friday, blockchain security…
In brief Storm was convicted Wednesday on conspiracy to operate unlicensed money transmitter, butthe jury deadlocked on money laundering and sanctions charges Legal aid group warns Storm faces “potentially decades” if prosecutors retry the two unresolved counts. Samourai Wallet founders this week pleaded guilty to similar charges, highlighting government’s crackdown on privacy tools. The Ethereum…
