Everything web3, crypto, defi, degen
In brief IBM researchers entangled 120 qubits, setting a new benchmark for quantum computing. The GHZ “cat state” achieved fidelity of 0.56, proving full multi-qubit entanglement. Direct Fidelity Estimation confirmed results, offering scalable quantum verification. IBM’s latest quantum breakthrough has edged the crypto world a little closer to its nightmare scenario—a computer capable of breaking…
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 fall slightly after weekend rally; BTC -1% at $114,500 SOL holds $200 ahead of Bitwise BSOL ETF launch today (with…
In brief Ant Group has filed to register the “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services. The filing follows the group’s recent crypto and blockchain initiatives, including USDC payment pilots and energy asset tokenization. Observers say the move is being done to “protect” the group’s interest and manage risk…
In brief T. Rowe Price has filed for a crypto ETF. If approved, the fund would hold mostly Bitcoin and Ethereum but other coins, too. The SEC is weighing more than 90 crypto fund proposals. Asset management giant T. Rowe Price on Wednesday applied for a mixed digital asset exchange-traded fund, according to a regulatory…
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 ARK 21Shares Bitcoin ETF (ARKB) recorded $275.2 million in outflows on October 16, its largest single-day exodus since August 1, when the fund shed $327.9 million. Bitcoin ETFs collectively bled $530.9 million Thursday, capping a brutal week that saw $858.7 million flee the products, with only Tuesday breaking the outflow streak. Analysts…
In brief Volatility Shares has filed to launch crypto ETFs that would give investors amplified exposure to Bitcoin, Ethereum, Solana, XRP, and various stocks. Such ETFs use leverage to maximize returns for investors. But investors can lose a lot of money buying such ETFs too. As if crypto trading isn’t already volatile enough, ETF manager…
In brief Ethereum ETFs recorded $428.5 million in outflows on October 13, the largest single-day exodus in five weeks, with BlackRock’s ETHA leading at $310.1 million. The retreat follows a prior week that saw $488 million in net ETH ETF inflows, part of a broader $3.17 billion surge into crypto products. Experts attribute the defensive…
In brief Top bank Citi will debut a crypto custody service in 2026, CNBC reports. The bank is the latest to delve into other digital asset services. Mainstream banks are working on everything from stablecoin offerings to crypto trading for clients. Citi will reportedly debut a crypto custody service in 2026 as mainstream financial institutions…
In brief Larry Fink said he had to “relook at [his] assumptions” about Bitcoin. BlackRock now manages several crypto-linked ETFs amid growing investor interest. Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products. BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made…
