Everything web3, crypto, defi, degen
In brief The White House has abruptly ended Brian Quintenz’s candidacy to lead the Commodity Futures Trading Commission. Crypto lobbying, a dispute with Gemini co-founders the Winklevoss twins, and opposition to Quintenz’s Kalshi links may have played a role. Acting CFTC chair Caroline Pham will remain in place as new contenders are considered. The White…
In brief Mitchell Amador, CEO of Immunefi, told Decrypt at Token2049 in Singapore that AI tools once limited to security firms are now accessible to groups like Lazarus, enabling massive attacks. Bug bounties have paid out over $100 million but have “hit the limits” as there aren’t “enough eyeballs” to provide necessary coverage, he said…
In brief The crypto market is poised to close in the green for September as Bitcoin rallies above $114k. Altcoins like ADA and DOGE, though, aren’t faring nearly as well. Technical indicators and prediction market data diverge on the near and long-term market view. The crypto market is nursing another day of modest losses—but they’re…
In brief Bitcoin and Ethereum are both roughly flat on the day as Congress races to pass a funding bill before the shutdown deadline. Some 85% percent of Myriad prediction market users expect Bitcoin to see at least 48 red candles before Wednesday noon amid political uncertainty. Ledn’s CIO John Glover remains optimistic, noting that…
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 green but pulling back after Monday rally; BTC at $113k SWIFT partners with Consensys to bring payments onchain SEC &…
In brief The SEC’s adoption of generic listing standards has made the 19b-4 review clock irrelevant, shifting the approval process to S-1 registrations. Bloomberg analyst Eric Balchunas said Solana’s S-1 just filed its fourth amendment, signaling that approval could come soon. A Solana ETF could trigger speculative buying but may also face a “sell the…
In brief A potential government shutdown could delay Friday’s jobs report, which Bitcoin traders rely on to predict Federal Reserve rate cuts. Bitcoin has climbed above $114,000 but still trails 0.7% behind its price from two weeks ago amid shutdown uncertainty. Historical shutdowns show mixed results for Bitcoin – it gained 14% during the 2013…
In brief Bitcoin recovered to $112,000 Monday morning, recovering losses sustained during last week’s price slump. CME-based Bitcoin futures and options products saw a $4.33 billion decline in open interest between September 18 and 26. Crypto-native investors remained optimistic despite last week’s liquidation event, supported by an $800 million uptick in open interest and rising…
In brief Top alcoins have risen 3–4% in the past 24 hours, partially reversing last week’s sell-off. About $345 million in crypto liquidations were recorded, mostly from short positions. One analsyt expects near-term consolidation before capital rotation into select altcoin segments in Q4. A weekend surge in crypto has partially erased last week’s losses as…
In brief Caltech trapped 6,100 cesium atoms as qubits, the largest neutral-atom quantum system to date. Qubits stayed coherent for 13 seconds with 99.98% operational accuracy, defying scaling trade-offs. The team moved atoms across the array while keeping them in superposition. Caltech physicists have created the largest neutral-atom quantum computer to date, trapping 6,100 cesium…
