Everything web3, crypto, defi, degen
In brief Proof-of-work layer-1 network Tari has developed a mining infrastructure that, it claims, can have users up and running within 45 seconds. Tari Universe is billed as “the world’s easiest to use mining app,” and can be installed on nearly any Mac or PC. Tari is designed around “pragmatic” privacy controls. Crypto mining is…
In brief Solana Company says it has deepened its on-chain strategy by adding Twinstake and Helius as institutional validators, expanding its $396 million Solana treasury. The Nasdaq-listed firm, formerly a medical device maker, has rebranded as a Solana-focused treasury vehicle after a 96% stock decline this year. Chairman Joseph Chee said the firm is “leaning…
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 rebound 1-2%; BTC at $109,500 a16z releases ‘State of Crypto 2025’ highlighting newest trends BlackRock says it will stay focused…
In brief Decentralized exchange Bunni announced its permanent shutdown Wednesday, saying it lacks the capital for a secure relaunch requiring six to seven figures in audit expenses alone. The September 2 hack drained $8.4 million through flash loan manipulation and rounding errors, with stolen funds remaining unmoved in Tornado Cash-funded wallets. Users can still withdraw…
In brief Former RWA Company executive Max Glass filed suit claiming he was wrongfully terminated and pressured into relinquishing his rights as the company pursued stablecoin development opportunities without him. Glass alleges co-executives Gregory DiPrisco and Joseph Quintilian breached fiduciary duties by appropriating a stablecoin product, which later turned into M^0, for their own benefit.…
In brief Leading crypto executives met with Senate Democrats and Republicans on Wednesday, in sit-downs that exposed divisions over the path forward to passing a crypto market structure bill. Democrats were frustrated about numerous issues, including recent leaks of proposed bill language, while Republicans warned that if the bill doesn’t move forward soon, it could…
In brief Developer activity is rising again after a post-FTX slump, led by Ethereum, Solana, and zero-knowledge projects. Stablecoin transactions now top $9 trillion annually, showing steady real-world use. Andreessen Horowitz says U.S. regulation is “finally normalizing,” but warns volatility and fraud still threaten progress. The cryptocurrency industry is no longer a niche experiment, but…
In brief The Ethereum Foundation moved $610 million worth of ETH to a new wallet on Wednesday. The “routine” migration was to a new multi-signature wallet from Safe. The Foundation is deploying more of its funds into DeFi protocols to support community development. The Ethereum Foundation moved more than 160,000 ETH—valued at approximately $610 million…
Throughout the quarter, Kraken accelerated that momentum – introducing new product categories, enhancing client experiences and expanding platform-wide capabilities to strengthen our full product suite. Our results demonstrate the scalability of our multi-product platform and the resilience of our model in a fast-changing market. By pairing innovation with discipline, we continue to lay the foundation…
In brief OCC Chief Jonathan Gould said any material deposit impact from stablecoins “would not happen in unnoticed fashion” and “would not happen overnight” at the ABA convention on October 19. His reassurances come as the American Bankers Association and over 50 state banking groups demand Congress close “loopholes” allowing third parties to offer yield…
