Everything web3, crypto, defi, degen
In brief President Trump and his family saw their net worth surge by almost $6 billion after trading began for WLFI. The family collectively owns 22.5 billion WLFI tokens, now valued at nearly $6 billion, though the tokens remain locked under a vesting schedule that has not yet been determined. WLFI’s market debut gave the…
In brief President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap. At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko. Some early buyers of the token could today realize a gain of more than…
In brief Ethereum has gained 17% over the past month while Bitcoin slipped 5.5%. ETH ETFs have attracted $1.2 billion in inflows after mid-August outflows. Solana advanced 7% over the same period with a sharp rise in DEX trading volumes, though remains under pressure from a sliding DEX trader count. Ethereum’s ability to draw institutional…
In brief Top markets on Myriad this week focus on Dogecoin’s next move, SharpLink’s Ethereum holdings, and the U.S. Open. Predictors think SharpLink Gaming will achieve its goal of accumulating 1 million ETH by September 16. They also lean bullish on DOGE, expecting a pump to $0.30 before a dump to $0.15. Have a strong…
In brief Solana’s daily DEX trader count has fallen to 900,000, down from 4.8 million earlier this year, Dune data shows. Retail traders are retreating amid meme coin scams, Instagram hijackings, and Ethereum’s rising dominance. Solana’s DEX volume share rebounded to 27% in August, though some warn its meme coin reliance may hinder growth. Retail…
In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…
In brief TRIO and Swarm Markets launched tokenized gold bars on Bitcoin via the Ordinals protocol. The tokens trade like other Ordinals, but redemption requires KYC through Swarm’s compliance process. The project follows TRIO’s support for Runestone and Spartacus, which published the Afghan War Logs on-chain. Gold bars have landed on Bitcoin. A new token…
In brief WLFI is expected to become tradable on Monday The token could decimate retail investors, analysts at Compass Point said. A lot of WLFI tokens were earmarked for insiders and early supporters. Analysts at investment bank Compass Point expect potential pitfalls for investors in the World Liberty Financial token when it hits the market…
In brief Canary Capital filed for the first spot ETF directly tied to President Donald Trump’s meme coin, TRUMP, under the Securities Act of 1933. The fund would would be entirely and directly exposed to the president’s meme coin, and not diversified or leveraged, as past proposed TRUMP ETFs have been. -Analysts are doubtful the…
In brief Kanye West said Tuesday that his Instagram was hacked to promote a fake YZY token. The unofficial token briefly spiked to a $7 million market cap before crashing down to around $160K. Kanye’s real token has fallen 81% from its all-time high and trades around a $73 million market cap. Kanye West’s official…
