Everything web3, crypto, defi, degen
In brief FTSE Russell will publish its global equity, FX, and digital asset benchmarks directly on blockchain networks. The data will be accessible to over 2,000 applications across more than 50 public and private blockchains. Observers say the move could transform traditional reference indices into programmable and verifiable financial primitives. FTSE Russell, a global index…
In brief Bitcoin’s recent drop is a mid-cycle reset, not a bear trend, according to analysts. The crypto’s first red October in six years could be setting the stage for a bullish comeback in November. A cooling trade war could serve as a tailwind, though macroeconomic concerns persist. Bitcoin is heading into November after its…
In brief The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions. Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year. Ripple ended a four-year legal battle with the SEC this August. Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company…
In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December…
In brief Nasdaq warned TON Strategy for violating shareholder approval rules after the company raised over $500 million through a private stock sale to buy Toncoin. The exchange said TON Strategy, formerly Verb Technology, did not intentionally evade compliance, and issued only a warning instead of delisting its stock. The firm’s stock briefly surged after…
In brief Stripe is working with crypto venture firm Paradigm to build a new layer-1 network for payments and stablecoins. The network is in private testnet, being built with design input from global firms like OpenAI, Shopify, and Visa. Tempo will feature low fees, a payments-first user experience, and opt-in privacy features. Stablecoins and payment…
In brief Former president of FTX US, Brett Harrison, told Decrypt that offering leverage up to 1,001x on volatile crypto assets is “irresponsible” and a “major problem.” Proponents of the high-leverage crypto products believe they’re just giving retail users what they want and offering a level playing field. Harrison’s comments come as he is preparing…
In brief Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since. On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future. However, several other…
In brief BlackRock’s IBIT saw its largest single-day outflow since early August, shedding $290 million. The drop reflects short-term macro uncertainty and a closed arbitrage window, not a long-term shift, according to analysts. Despite the weekly outflow, October’s total ETF inflows still beat September’s at $3.61 billion. U.S. spot Bitcoin ETFs witnessed a significant wave…
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 2-3% after Powell says rate cut not certain in December US Senator claims Binance helped with TRUMP launch for…
