Everything web3, crypto, defi, degen
In brief The SEC is mulling 90 applications for crypto ETFs, many focused on XRP, Solana, and other top altcoins. Many of the funds are expected to be approved this year, according to industry experts. Some will likely be shuttered due to lackluster inflows, a crypto startup CEO told Decrypt. There is a growing stack…
In brief Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes. Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption. His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt. Speaking at the…
In brief American Bitcoin is reportedly eyeing a Nasdaq debut in September. The firm is 80% owned by Bitcoin miner Hut 8. American Bitcoin owned 215 Bitcoin in June. American Bitcoin, a Bitcoin miner that’s partially owned by two of U.S. President Donald Trump’s sons, is inching closer to its public debut, targeting September for…
In brief Stablecoin fintech Rain has raised $58 million. The Visa-backed company, which issues cards, has raised a total of $88.5 million from big backers like Sapphire Ventures, Dragonfly, Galaxy Ventures, and Samsung Next. Stablecoins are a hot topic since President Donald Trump signed the GENIUS Act. Stablecoin-backed card company Rain, which partnered with Visa…
Kraken has been selected by the U.S. Department of Commerce to facilitate a groundbreaking initiative unveiled this morning by President Donald Trump and Secretary Howard Lutnick. The initiative, which will distribute U.S. gross domestic product (GDP) data on nine major public blockchains, marks a milestone in the use of blockchain technology to enhance transparency in…
The Department of Commerce announced Thursday it has begun uploading its GDP data onto nine blockchain networks, and will also enter partnerships with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data within the decentralized finance (DeFi) ecosystem and the broader crypto economy. The department’s GDP data release for Q2 2025 has already been…
In brief Thaksin met with crypto investors in Bangkok to discuss positioning Thailand as ASEAN’s digital asset treasury hub. The proposal includes support from Metaplanet, UTXO, and other global firms, according to meeting documentation reviewed by Decrypt. Backers argue the initiative could boost economic resilience and growth amid Thailand’s weak macro outlook. Former Thai Prime…
In brief CRO, the native coin of the Cronos network, hit a three-year high price on Wednesday. The surge comes after President Donald Trump-backed Trump Media announced it would build a reserve of the cryptocurrency. The coin is linked to crypto exchange Crypto.com, which is teaming with Trump Media on the treasury and other moves.…
In brief Hut 8’s expansion plans mean its stock will rise and is worth buying, according to investment bank Benchmark. The Bitcoin miner on Tuesday unveiled plans to develop 1.53 gigawatts of new capacity across four U.S. sites. Hut 8 earlier this year signed a deal to contribute its Bitcoin mining equipment and help debut…
In brief Polymarket unveiled an investment from 1789 Capital. Donald Trump Jr. serves as a partner at the venture capital firm and is joining the prediction market’s advisory board. The prediction market is trying to reenter the U.S. Donald Trump Jr. is joining Polymarket’s advisory board, the prediction market said in a press release on…
