Everything web3, crypto, defi, degen
In brief The Crypto Gaming Recovery Fund has been set up to offer players of shuttered crypto games assets for Splinterlands. A total of $500,000 worth of tokens and in-game assets are available, spread out over seven years. The Splinterlands team hopes to welcome additional contributors to offer up game assets to affected players. Blockchain…
September 12, 2025 | Asset Listings We’re thrilled to announce that XION is available for trading on Kraken! Funding and trading XION trading is live as of September 12, 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 21Shares launched a new ETP tied to dYdX’s native token, extending regulated access to one of the largest decentralized derivatives protocols. The product follows 21Shares’ earlier DeFi ETPs including Aave and Uniswap launched in 2022, becoming Europe’s largest crypto ETP issuer with 48 products. DYDX was chosen because it “adds a distinctive dimension”…
In brief Projects are fighting over who will take control of the USDH ticker to create a “Hyperliquid-aligned” stablecoin. Major companies like Ethena, Paxos, Sky, and Agora have submitted proposals, most of which include a way to give back to the Hyperliquid community. But the relative newcomer Native Markets is currently looking most likely to…
September 10, 2025 | Asset Listings We’re thrilled to announce that UXLINK is available for trading on Kraken! Funding and trading UXLINK trading is live as of September 10, 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 Bloomberg analyst Eric Balchunas calls Rex-Osprey DOJE the first US ETF to hold an asset with “no utility on purpose.” ETF filed under the Investment Company Act of 1940 instead of the Securities Act of 193, like other crypto ETF filings. Initial institutional adoption is initially, but market cap growth could attract attention,…
In brief Ethena presented a proposal for Hyperliquid’s stablecoin. USDH would be indirectly backed by BlackRock’s tokenized BUIDL fund. Ethena would divert USDH revenue back into Hyperliquid’s ecosystem. Ethena Labs, makers of the synthetic-dollar protocol, cast its name into the USDH ring on Tuesday, presenting itself as a potential suitor for issuing Hyperliquid’s stablecoin.The decentralized…
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 green, SOL leads again; BTC at $112,700 Tom Lee 30x’s Moonshot bet on OCTO (WLD +75%) HYPE hits a new…
In brief Hong Kong-based Hashkey Group has announced plans for a fund bridging tradfi and crypto. The DAT fund will target over $500 million in its first phase with a focus on Bitcoin and Ethereum projects. The structure is designed as a perpetual vehicle allowing regular subscriptions and redemptions. HashKey Group, a Hong Kong-based digital…
In brief Validators will decide the USDH ticker in an on-chain vote scheduled for September 14. Hyperliquid claims the ticker carries no special privileges, while analysts see it as a push to reduce reliance on USDC. Analyst estimates suggest USDH could divert $5.5 billion from USDC and generate $220 million annually for HYPE holders. Hyperliquid,…
