Everything web3, crypto, defi, degen
In brief WLFI begins trading on Labor Day with only a small portion of its 33 billion supply unlocked. The token underpins World Liberty’s plans around stablecoins and payments, though governance details remain limited. Analysts and legal experts warn that concentrated holdings and political ties raise risks for liquidity, integrity, and investor protections. World Liberty…
In brief Blockstreet is creating a complimentary ecosystem for USD1, the Trump-backed stablecoin. Co-founder Kyle Klemmer believes that it will outmatch all other stablecoins by 2028. World Liberty Financial’s WLFI governance token becomes tradable on Monday. By the time U.S. President Donald Trump’s second term is over, USD1 will have become the world’s most dominant…
In brief China has set targets for AI adoption, seeking 70% penetration by 2027 and 90% by 2030. The policy mandates integration of AI across industry, governance, and public services. The move underscores Beijing’s bid to outpace Western rivals in artificial intelligence. China is aiming to achieve a 70% penetration rate of AI technologies within…
August 27, 2025 | Asset Listings We’re thrilled to announce that BTR is available for trading on Kraken! Funding and trading BTR trading is live as of August 27, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief The U.S.’s recently passed stablecoin law has heightened pressure on Europe to accelerate digital euro plans. Deploying on Ethereum or Solana could expand global use of the currency, Decrypt was told. Yet privacy, governance and banking stability remain key concerns for officials. European officials are considering whether to issue the digital euro on…
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…
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 The measure directs the country’s central bank to purchase 10,000 BTC over five years, with a 20-year holding requirement. Custody, proof-of-reserves, and disposal rules would be codified by law and regulation. Local crypto voices call the proposal bold but warn of volatility, fiscal tradeoffs, and gaps in financial literacy. The Philippines has introduced…
In brief The OCC terminated its consent order on digital assets bank Anchorage Digital. The regulator brought the order in 2022 after granting conditional approval to Anchorage in 2021. Federally chartered Anchorage custodies some of the BTC and ETH held in BlackRock’s spot ETFs. The Office of the Comptroller of Currency (OCC) announced Thursday that…
In brief YZY surged to a multibillion-dollar valuation within an hour of launch before tumbling. The token is framed as part of a broader “YZY Money” payments ecosystem. On-chain data shows 70% of supply sits in a single wallet, raising centralization concerns. Hip-hop artist Kanye West has made his first direct move into crypto with…
