Everything web3, crypto, defi, degen
In brief Blockstreet is creating a complimentary ecosystem for USD1, the Trump-backed stablecoin. Co-founder Kyle Klemmer believes that it will outmatch all other stablecoins by 2028. World Liberty Financial’s WLFI governance token becomes tradable on Monday. By the time U.S. President Donald Trump’s second term is over, USD1 will have become the world’s most dominant…
In brief The CFTC will start using Nasdaq’s Market Surveillance platform to enhance its ability to detect fraud and market manipulation in crypto and production markets. The shift comes as lawmakers mull the CLARITY Act. A White House report recently recommended that the CFTC impose requirements on reporting market data for certain crypto firms. The…
In brief Standard Chartered projects ETH could reach $7,500 by end of year and $25,000 by 2028 based on current adoption trends ETH ETFs have accumulated over $8B since July with major corporate buyers like BitMine and SharpLink stacking aggressively Ethereum’s yield advantages through staking and DeFi utility make it potentially stronger than Bitcoin as…
In brief A coalition of 114 crypto companies and tech lobbying groups sent a letter to the Senate Banking Committee demanding strong legal protections for software developers in any upcoming crypto market structure bill. The letter emphasized that developers of decentralized software should not face criminal liability for how others use their programs, comparing public…
In brief The U.S.’s recently passed stablecoin law has heightened pressure on Europe to accelerate digital euro plans. Deploying on Ethereum or Solana could expand global use of the currency, Decrypt was told. Yet privacy, governance and banking stability remain key concerns for officials. European officials are considering whether to issue the digital euro on…
In brief Top AI firms and tech leaders, including Andreessen Horowitz and OpenAI’s Greg Brockman, unveiled a $100 million fund to back pro-AI candidates. The fund, which mirrors crypto PAC Fairshake, will target races in California, New York, Illinois, and Ohio this year before moving to federal contests and the 2026 midterms. Supporters say the…
In brief Ethereum hit a new all-time high price, breaking a record set back in 2021. The second-biggest cryptocurrency had lagged behind Bitcoin in gains, and long lingered well short of its previous peak. Institutional adoption and a favorable regulatory landscape have helped the coin in recent months. Ethereum hit a new all-time high price…
In brief House Republicans have attached anti-CBDC measures to an upcoming Defense Bill. The U.S. remains the only major economy to halt retail CBDC development. Stablecoins have gained traction in the U.S. as lawmakers cite fears over the privacy and control of CBDCs. House Republicans have added a provision banning central bank digital currencies (CBDCs)…
In brief Coinbase is listing the World Liberty Financial stablecoin, USD1. World Liberty Financial is backed by President Donald Trump and its sons. While a dollar-pegged stablecoin like USD1 won’t see a price jump from the listing, it could boost World Liberty’s visibility. The USD1 stablecoin from World Liberty Financial—a crypto project backed by President…
In brief New York State Assemblymember Phil Steck proposed a 0.2% tax on crypto transactions that take place in the Empire State last week. The funds would help schools combat substance abuse upstate. Stablecoins will not be exempt, he said. New York State Assemblymember Phil Steck’s proposed tax on crypto transactions will not be modified…
