Everything web3, crypto, defi, degen
In brief BlackRock’s Bitcoin ETF (IBIT) has become the asset manager’s most profitable fund by annualized fee revenue, with $97 billion in assets after just 21 months. S&P Global launched its first hybrid “Digital Markets 50” index combining 35 blockchain-related stocks with 15 major cryptocurrencies. Coinbase secured approval to offer staking services in New York…
In brief Salaries and token incentives declined across nearly all roles and regions, according to Dragonfly’s latest crypto compensation report. Western Europe remains a dominant labor hub, while Asia’s hiring share nearly doubled year-over-year. Most crypto firms remain remote-first, with slower hiring and a widening gap between top executives and staff pay. Crypto salaries are…
In brief Luxembourg became the first European nation to invest in Bitcoin, allocating 1% of its $811 million sovereign wealth fund to BTC ETFs. The approximately $8 million investment marks a shift from the fund’s conservative strategy of bonds and equities to include alternative assets. Treasury director says the allocation “strikes the right balance” while…
In brief Global crypto market cap hit an all-time high of $4.35 trillion on October 6, with Bitcoin surging past $126,000 and Ethereum crossing $4,500. Spot Bitcoin and Ethereum ETFs have attracted over $70 billion in inflows since January 2025, with last week alone seeing $4.5 billion in record flows. Technical indicators show mixed signals:…
In brief Portuguese authorities suspect 39-year-old Pedro M. of orchestrating cryptocurrency and credit card fraud totaling €500 million across multiple countries including Portugal, Europe, the Philippines, and Thailand. The suspect was discovered by a Portuguese journalist at a Bangkok luxury mall and arrested by Thai police using facial recognition technology. Police say he’s been living…
In brief Arthur Hayes has previously attacked the U.S. Federal Reserve in his blog posts. This time he’s focusing on the European Central Bank—and honing in on France’s debt. The crypto entrepreneur argues that France’s debt and money printing will cause Bitcoin’s price to surge. Crypto mogul Arthur Hayes has previously attacked the U.S. central…
We’re excited to announce a new collaboration designed to supercharge the adoption of xStocks, the industry’s gold standard for tokenized equities. Together with Backed, Kraken are today partnering with Wallet in Telegram, a digital asset solution natively embedded into the Telegram app, to bring xStocks to one of the largest consumer platforms in the world. …
In brief Telegram founder Pavel Durov said French intelligence sought the removal of opposition channels ahead of Moldova’s 2024 election. His allegations come as Moldova’s pro-European party leads in a new parliamentary vote marked by claims of Russian interference. The dispute underscores rising state pressure on digital privacy platforms, from messaging apps to crypto networks.…
In brief The Asia-Pacific region—led by India, Pakistan, and Vietnam—had the biggest increase in crypto transaction volume, a new Chainalysis report shows. Volume in the region shot up from $1.4 trillion to $2.36 trillion. Latin America wasn’t far behind in adoption. The Asia-Pacific is the fastest growing region for crypto adoption, research released Wednesday by…
In brief Hyperliquid’s USDH stablecoin has debuted, after Native Markets won the high-profile bid for the ticker last week. It follows a swarm of crypto companies attempting to win the proposal, including the likes of Paxos, Agora, and Ethena. The launch comes as Hyperliquid faces notable competition from emerging perpetual futures decentralized exchange, Aster. Hyperliquid’s…
