Everything web3, crypto, defi, degen
In brief Eric Trump said that the his family’s crypto empire has profited more than $1 billion so far. The family’s crypto ventures span NFT trading cards, meme coins, World Liberty Financial, and more. President Trump’s crypto businesses have been a point of contention, with critics claiming conflicts of interest. President Donald Trump’s embrace of…
In brief BlackRock will adapt one of its money market funds to specifically serve stablecoin issuers under the recently passed GENIUS Act. The fund will be an approved reserve asset U.S. stablecoin issuers can use to back their dollar-pegged tokens. The firm says it made the move after receiving increased demand from stablecoin issuers for…
In brief Deren Akyeam-Pong pleaded guilty to nine charges, including kidnapping and assault related to the December 2022 abduction of Ontario’s “Crypto King” Aiden Pleterski. The guilty plea prompted an immediate adjournment of the trial for co-defendants Akil Heywood and Alfredo Paladino, with no new trial date scheduled. Cybersecurity consultant warns oversharing crypto gains “practically…
In brief Coinbase is making a fresh investment in CoinDCX, building on prior investments through Coinbase Ventures, with the deal subject to regulatory approvals. The deal comes months after CoinDCX weathered a $44.2 million hack in July, which the exchange absorbed from its treasury reserves while dismissing acquisition rumors at the time. Industry experts view…
In brief Rep. Troy Downing is introducing a bill to give President Trump’s crypto retirement executive order the force of federal law. The order, signed in August, encouraged 401(k) providers to offer exposure to crypto and other alternative assets. The $25 trillion U.S. retirement savings industry could inject huge amounts of capital into crypto, but…
In brief Bhutan’s national digital ID platform will issue credentials through Ethereum. The system, initially built with Cardano developer IOG, is scheduled to undergo a full migration by early 2026. Observers warn that putting national IDs on public blockchains might raise privacy risks despite greater transparency. Bhutan has integrated its National Digital Identity platform with…
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…
In brief Crypto ETPs drew $3.17 billion in inflows last week, pushing 2025’s total to a record $48.7 billion. Friday’s market crash saw minimal ETF outflows of just $159 million, suggesting retail investors held positions while institutional traders remained largely unaffected. Bitcoin briefly dropped below $110,000 over the weekend but is recovering, with Ethereum showing…
In brief BitMine Immersion Technologies added more than 200,000 Ethereum during the recent crypto market dip. The firm now holds more than 3 million ETH valued at greater than $12.5 billion. Shares of BMNR jumped 4.5% early Monday as the market rebounds. Top publicly traded Ethereum treasury firm BitMine Immersion Technologies bought the crypto dip.The…
In brief Friends and collaborators described Pagotto as “super creative” and “discreet and humble.” RTFKT cofounder Steven Vasilev and BAYC’s Greg Solano were among those who paid tribute online. Pagotto helped build RTFKT into one of digital fashion’s most influential brands before Nike acquired it in 2021. Benoît Pagotto, co-founder of the digital fashion studio…
