Everything web3, crypto, defi, degen
In brief Travis Chen, a quantitative trader who worked for the brothers’ company, testified about a December 2022 meeting where they outlined the alleged scheme. Chen agreed to forfeit $2.4 million, his cut from the operation, under a nonprosecution agreement with the government. Notes from the planning meeting showed the brothers reportedly anticipated making $6…
In brief The Gemma-based model generated and validated a new cancer-therapy hypothesis in human cell experiments. It identified silmitasertib as a conditional amplifier that boosts immune visibility of tumors. The result hints that scaled biological AI models can invent—not just optimize—new scientific ideas. Google DeepMind said Wednesday that its latest biological artificial-intelligence system has generated…
In brief Researchers have revealed a “super prompt” that boosts model creativity by 2x thanks to verbalized sampling. It works by asking the model to list several responses with probability estimates before choosing one. The method offers an easy, training-free fix for AI’s growing sameness problem—though skeptics warn it may add noise, not insight. A…
In brief Two MIT-educated brothers went on trial Tuesday for allegedly stealing $25 million in a 12-second Ethereum blockchain exploit. The defense argues there was no crime at all, just strategy in an unregulated market where “economic incentives guide parties’ behavior,” not laws. If convicted of conspiracy, wire fraud, and money laundering charges, Anton and…
In brief Reform UK has reportedly received a donation in cryptocurrency, the UK’s first ever to a political party. Donations must be referred to the electoral regulator if they exceed £11,180 ($14,905). Commentators warn that crypto-based donations may increase the risk of anonymous and illicit campaign contributions. The UK’s Electoral Commission is planning to update…
In brief Hungarian novelist László Krasznahorkai was awarded the 2025 Nobel Prize for Literature last week. His story links crypto and blockchain with trust, portraying them as systems that ensure authenticity without human intermediaries. The narrator argues that “the model already exists in crypto,” presenting it as proof that belief can still structure a broken…
In brief Morgan Stanley will reportedly expand its crypto offerings, allowing all wealth clients to have access to the asset class. The bank in September said it will allow customers to trade Bitcoin, Ethereum, and Solana via its E*Trade platform. Morgan Stanley’s CEO said in January that the bank was working with regulators to see…
In brief Nearly every major social platform now relies on AI for ranking, ad targeting, moderation, and engagement optimization. A 2025 report found 96% of social media professionals use AI tools—72.5% daily—to generate and manage content. Analysts forecast the AI-in-social-media market to triple by 2030, embedding algorithmic influence deeper into online discourse. Large language models…
More markets, more control This October, your futures trading experience is getting a major upgrade. Kraken now supports CME futures contracts – from equity indices to energy, metals, FX and more. With professional-grade order tools, ultra-competitive 0.5 bps fees and free live market data for funded non-professional clients, trading futures has never been easier. Why…
In brief Market breadth has weakened as capital concentrates in high-liquidity, high-certainty assets like Bitcoin and Ethereum. Experts cite institutional ETF flows and a loss of patience with purely narrative-driven altcoins. Any future altcoin rally is expected to be highly selective, favoring tokens with real-world utility. Bitcoin and Ethereum continue to capture investor interest, while…
