Everything web3, crypto, defi, degen
In brief WLFI is expected to become tradable on Monday The token could decimate retail investors, analysts at Compass Point said. A lot of WLFI tokens were earmarked for insiders and early supporters. Analysts at investment bank Compass Point expect potential pitfalls for investors in the World Liberty Financial token when it hits the market…
BTC WHALE CAUSES MINI-CRASH, ETH HITS ATH, FOOTBALLFUN GOES VIRALETH hits new ATH then retreats. Whale dumps 24k BTC, triggers mini-crash. Only 18.3m ETH is left on exchanges. Jump & Galaxy plan $1bn SOL treasury vehicle. Sharps Technology plans $400bn SOL DAT. VanEck files for first SOL liquid staking ETF. Sharplink to buy back $1.5b…
In brief The Paris-based chipmaker aims to raise up to $200 million through ADS issuance. Funds will be directed toward expanding Bitcoin holdings under long-term plan. The company already holds more than 3,000 BTC, with a 100,000 target by 2030. Sequans Communications (NYSE: SQNS), a Paris-based semiconductor firm listed on the New York Stock Exchange,…
In brief Nasdaq-listed Sharps Technology is raising $400 million to buy Solana. The medical device company is the latest to adopt a Solana treasury strategy. A number of publicly traded firms are putting cryptocurrency on their balance sheets. Nasdaq-listed medical device company Sharps Technology’s stock boomed on Monday after the firm said it would pivot…
In brief Wallets linked to Libra meme coin promoter Hayden Davis have made $12 million in profits on Kanye West’s meme coin, YZY. The on-chain connections to Davis were discovered by Bubblemaps, a blockchain visualization startup. Libra was promoted by Argentine President Javier Milei in February before it crashed. Libra meme coin promoter Hayden Davis…
In brief AUSTRAC has directed Binance Australia to nominate external auditors within 28 days after identifying “serious concerns” with anti-money laundering controls. The regulator flagged inadequate reviews, “high staff turnover,” and insufficient local management oversight at the platform. This action adds to a string of regulatory measures, including a $5.1 million fine for Kraken and…
In brief Pudgy Penguins is a popular crypto-native IP that started from NFTs and has expanded into toys, games, and more. CEO Luca Netz told Decrypt that he hopes to take the company public within two years. In addition to NFTs on Ethereum, the brand has launched a meme coin, PENGU, on Solana. Pudgy Penguins…
DeFiChain has been an extraordinary project, and the whole DeFiChain Labs team was honored to be a part of it.But all good things have to come to an end, and for us, that means handing over our responsibilities to new groups and individuals represented by the community.Since we took over the agenda from the Bake…
In brief ASIC has removed more than 14,000 scam and phishing websites in two years, with crypto scams making up about 20%. The regulator will now target fraudulent ads on social media platforms such as Facebook and Instagram. Investment scams cost Australians nearly $1 billion in 2024, with tactics like “AI washing” emerging as new…
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 mixed, ETH and SOL lead; BTC back to $113k BNB hits fresh ATH at $880 overnight before retracing Kanye tweets…
