Coins

Solana DeFi Exchange Jupiter to Launch Native Stablecoin

In brief Solana DEX aggregator Jupiter has tapped Ethean to launch its own stablecoin. JupUSD is expected to launch in Q4 and will initially be collateralized by USDtb, Ethena’s short-term treasury-backed stablecoin. The total stablecoin market cap has grown by more than 75% in the last year and now sits above $300 billion. Jupiter, a…

Law and Order

Kazakhstan Tightens Crypto Rules After Seizing $16.7M From Unlicensed Exchanges

In brief Kazakh authorities terminated operations at 130 unlicensed crypto platforms suspected of processing illicit funds, confiscating digital assets valued at $16.7 million. Financial monitors identified 81 underground cash-out networks handling more than $43 million. Planned biometric authentication for cash transactions could morph into surveillance infrastructure “without strong data-protection laws and independent oversight,” an expert…

Business

MetaMask Reveals $30 Million Rewards Program Ahead of Token Drop

In brief Crypto wallet MetaMask will launch a rewards program with over $30 million in incentives for users. The rewards push will begin ahead of the wallet’s upcoming token launch. The rewards will include LINEA tokens from the Consensys Ethereum layer-2 network, Linea. Popular crypto wallet MetaMask is launching a program that will distribute over…

Opinion

Morning Minute: Bitcoin Makes Smashing New ATH Over $125k

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors are green after Bitcoin hits new ATH at $125,600 (now $124,300) BNB hits new ATH at $1,220; Binance lists spot…

Business

Galaxy Debuts Crypto Platform for Individuals to Rival Robinhood, Kraken

In brief GalaxyOne is set to compete with the likes of Coinbase and Robinhood. The platform offers “premium” yield for accredited investors. Galaxy has historically catered to financial institutions. Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken…

Games

The Best Nintendo Switch 2 Games to Play Right Now

So you just spent $450 on a Nintendo Switch 2—or maybe more, depending on how the market behaves in the near future—and you want to play something new on it. Technically, there are thousands of games to play on your Switch 2, thanks to backward compatibility, but a slightly better framerate isn’t a very enticing…