Everything web3, crypto, defi, degen
In brief 21Shares wants to list a Hyperliquid exchange-traded fund. HYPE, the native coin of decentralized exchange Hyperliquid, is the 16th biggest cryptocurrency by market cap. The SEC is weighing ETF applications tracking different altcoins, and combinations of tokens. Exchange-traded fund issuer 21Shares has applied for an exchange-traded fund tracking the token of the Hyperliquid…
In brief Elizabeth Warren and Bernie Sanders warned that Trump’s plan to let 401(k)s invest in crypto could jeopardize Americans’ retirement savings. In a letter to the SEC and Department of Labor, they called the policy “dangerous,” citing crypto’s volatility and Trump’s potential conflicts of interest. The senators asked whether agencies have studied the risks…
In brief MoviePass wants people to wager on the box office. Its service doesn’t use actual money yet. Betting giants like DraftKings are interested in prediction markets. MoviePass, a company that used to let customers binge an unlimited number of movies in theaters for a monthly fee, began letting more people wager on box-office performances…
In brief A romance web-novel hit No. 1 after its author used AI to publish dozens of chapters a day, gaming Kakuyomu’s ranking system. The author apologized for not making it obvious that the novel was largely AI-generated. Writers warn the flood of AI fiction could drown human voices, while defenders call it creative evolution…
In brief The CME FedWatch Tool, which uses futures trading data to infer trader sentiment, predicted a near-certain rate cut. The Conference Board’s Expectations Index, a measure of economic sentiment, remained below the threshold that typically signals a coming recession. Bitcoin has lingered well below the all-time high it set earlier this month. The U.S.…
In brief Telegram launched Cocoon, a decentralized AI compute network on TON that pays GPU owners in crypto for powering private AI tasks. Telegram will use Cocoon internally, integrating it into Mini Apps and AI tools for its billion-plus users. The project challenges Big Tech’s dominance, positioning TON as an open, user-controlled alternative to AWS…
In brief Perpetual futures, or perps, have been a big business in crypto this year, generating $1.27 trillion in trading volume over the past 30 days. Crypto wallets MetaMask and Phantom, as well as Telegram mini-app Blum, now offer perps natively within their apps. Analysts warn they present a “double-edged sword” to new users who…
October 29, 2025 | Asset Listings We’re thrilled to announce that ZRC is available for trading on Kraken! Funding and trading ZRC trading is live as of October 29, 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 A meme coin tied to a statue of Binance founder Changpeng “CZ” Zhao surged on Wednesday The statue was shown in Washington, D.C., for a handful of hours on Tuesday. Unaffiliated meme coins with similar branding may be causing confusion for traders. A meme coin tied to a golden statue of Changpeng “CZ”…
In brief Bitcoin miner TeraWulf is aiming to raise a total of $575 million to fund its data center plans. The Nasdaq-listed company in August said it was working with Fluidstack to build an AI data center with 168 MW of critical IT load. TeraWulf’s stock was down slightly on Wednesday after spiking the previous…
