Everything web3, crypto, defi, degen
In brief Stablecoin network Plasma has meme coins now after entering “mainnet beta” last week. The Trillions token hit a $60 million market cap on Sunday, before falling sharply. It references a meme at the foundation of the Plasma thesis, predicting the total stablecoin market cap to be in the trillions of dollars. A meme…
In brief The meme coin trenches have seen a drop in trading volume with the rise of perpetual futures decentralized exchanges, such as Aster. Data shows grass roots meme coins hitting a six-month low, while perp DEXs spike in volume. However, seasoned veterans aren’t too concerned as they believe that meme coins are “cyclical” and…
In brief DeepMind’s Gemini Robotics models gave machines the ability to plan, reason, and even look up recycling rules online before acting. Instead of following scripts, Google’s new AI lets robots adapt, problem-solve, and pass skills between each other. From packing suitcases to sorting trash, robots powered by Gemini-ER 1.5 showed early steps toward general-purpose…
We are making new pairs available for margin trading, taking our total to over 230 markets enabled for margin trading on Kraken Pro! Margin trading is now available for three new trading pairs: *Pairs available as long only. Here’s some more information about the tokens: BNB Chain (BNB) is a decentralized, interoperable blockchain ecosystem created…
In brief Elon Musk’s xAI has sued OpenAI, alleging it induced former employees to steal source code and data center deployment strategies. The AI company alleges OpenAI targeted employees with knowledge of its “secret sauce” data center operations, with one executive refusing to sign confidentiality documents after leaving for OpenAI. One engineer allegedly admitted in…
In brief North Korean hackers compromised Web3 gaming incubator Seedify’s cross-chain bridge, draining $1.2 million across BNB Chain networks. The attack exploited a developer’s private key to mint unauthorized SFUND tokens through an audited bridge contract that should have prevented such minting. Blockchain sleuth ZachXbt linked the theft addresses to past North Korean “Contagious Interview”…
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.”The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of “Lungo Company,” a fraud ring that deployed multiple scam tactics, including romance schemes, crypto…
In brief September got off to a hot start, but the seasonal “Red September” curse might now be kicking in. Bitcoin is now just 4% away from marking another down month in September, historically the worst month of the year for markets. Myriad prediction market users remain somewhat bullish, but the charts paint a less…
In brief Bitcoin mining firm AgriFORCE Growing Systems announced plans to begin an Avalanche treasury. The firm’s stock price skyrocketed following the announcement, rising over 200% on the day at one point. AgriFORCE is raising $300 million via a PIPE led by HiveMind Capital, and has added Anthony Scarmucci to its advisory board. The crypto…
In brief Arc is a blockchain built by USDC issuer Circle for stablecoin-focused applications. It uses USDC for gas, features a built-in FX engine, and enables opt-in privacy. Public testnet is expected later this year, with a mainnet beta planned for 2026. Circle, the company behind the USDC stablecoin, has launched a new blockchain platform…
