Everything web3, crypto, defi, degen
In brief Crypto exchange Gate is adopting an “All in Web3” strategy to position itself as a “full Web3 operating system,” CEO Dr. Han told Decrypt. The platform has launched a suite of products designed to form a “cohesive, secure, and high-performance Web3 stack.” Gate has added a Perp DEX, tokenized stocks, on-chain token launchpad…
In brief China’s central bank will continue cracking down on domestic crypto operations while monitoring overseas stablecoin developments. PBOC Governor Pan warned stablecoins “can’t meet the basic requirements like customer identification and anti-money laundering.” Meanwhile, Japan rolled out JPYC, the first yen-backed stablecoin, and South Korea launched KRW1, its first regulated won-backed token. China will…
In brief Yuga Labs is launching the Koda Nexus, a social and interactive hub in its Otherside metaverse, on November 12. The firm is also teaming with Amazon Gaming to launch a co-branded NFT avatar that can explore the metaverse. The Otherside has been in development since 2022 after Yuga Labs sold tokenized plots of…
In brief MegaETH has attracted $350 million in pre-deposits at a “hypothetical” fully diluted valuation of $7 billion, just hours after opening its initial coin offering. The “hypothetical” fully diluted valuation is only the result of the ICO’s oversubscription. Once allocations have been determined, MEGA will have an FDV of $999 million. The Ethereum layer-2…
In brief Digital asset products attracted $921 million in inflows last week, according to CoinShares. U.S. and German markets led gains, while Switzerland saw outflows linked to asset transfers. Bitcoin captured nearly all inflows as Ethereum and altcoins cooled. Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism…
In brief IBM is launching a platform called Digital Asset Haven with support from crypto infrastructure firm Dfns. The platform will help governments and institutions engage with blockchain in what it says is a simple, secure platform. Shares of IBM are up modestly amid the news. Global computing firm IBM is making a fresh play…
October 27, 2025 | Asset Listings We’re thrilled to announce that SCA is available for trading on Kraken! Funding and trading SCA trading is live as of October 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…
October 27, 2025 | Asset Listings We’re thrilled to announce that XNAP is available for trading on Kraken! Funding and trading XNAP trading is live as of October 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 Valthos launched with $30 million from the OpenAI Startup Fund, Lux Capital, and Founders Fund. Its AI tools aim to detect and neutralize biological threats faster than traditional biodefense systems. The launch follows RAND’s warning that governments are unprepared for fast-moving AI-driven crises. Biodefense startup Valthos emerged from stealth on Friday with $30…
In brief Custodia and Vantage have unveiled a live network for tokenized deposits across U.S. banks. The system enables switching between deposits and GENIUS Act–compliant stablecoins. The platform awaits final regulatory approval to start at scale, Custodia CEO Caitlin Long confirmed with Decrypt. Custodia Bank and Vantage Bank Texas have unveiled a live platform for…
