Everything web3, crypto, defi, degen
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 slightly green out of long weekend; BTC at $110,000 Trump family WLFI token has volatile debut, now at $25B FDV…
In brief Decentralized exchange BunniXYZ has reportedly lost $8.4 million to a liquidity-based security exploit. The DEX has paused all smart contract activity on its network and is “actively investigating” the attack. Hackers reportedly manipulated Bunni’s “liquidity curve,” also known as its LDF, to carry out the exploit. Decentralized exchange (DEX) BunniXYZ has reportedly lost…
In brief Japanese crypto exchange Coincheck plans to acquire French digital asset prime brokerage Aplo. Aplo’s founders will remain with the firm and continue expansion under Coincheck’s umbrella. The deal marks Coincheck’s latest effort to broaden institutional and retail offerings abroad. Coincheck, one of Japan’s largest cryptocurrency exchanges, said Tuesday it plans to acquire French…
In brief Ukraine could recover up to $10 billion lost to unregulated crypto activity with more stringent regulation, according to the Royal United Services Institute. A new RUSI report noted that Russian actors are exploiting regulatory gaps to fund military procurement and spread drugs. Ukrainian lawmakers face a 2025 deadline to align with EU rules…
In brief The tokenized assets market is now worth about $600 billion globally. Europe leads in fixed-income issuance, accounting for more than half of 2024’s total. But regulators are trying to strike a balance between innovation and investor protection. The European Union’s top markets regulator is calling for a balance between financial innovation and investor…
In brief BofA’s risk-love indicator hit 1.4, its highest in 13 months, signaling bullish extremes. Bitcoin and Ethereum remain flat over the past week despite recent equity gains. September seasonality and jobs data are keeping traders cautious. U.S. stocks are flashing signs of euphoria, contrasting with a muted crypto market as traders look to divine…
In brief The buyback plan would redirect 100% of fees from protocol-owned liquidity pools across Ethereum, BSC, and Solana. Proponents claim that linking fees to token burns enhances scarcity and boosts long-term value for holders. Analysts caution the effect may be limited by upcoming unlocks and WLFI’s high valuation. Less than a day through its…
In brief California governor Gavin Newsom has been trolling President Donald Trump in an ongoing campaign. In his latest idea to poke fun at the crypto-friendly president, Newsom said he will release his own meme coin. Democrats have criticized President Trump’s crypto ventures, particularly his meme coin, Official Trump. California governor Gavin Newsom has said…
In brief Bitcoin, Ethereum and XRP prices are holding relatively steady as the market rolls into Red September. September is historically the worst month of the year for markets, with BTC on average dropping 3.77%. Despite the sideways action, technical indicators suggest traders could be positioning for history to repeat. The cryptocurrency market is attempting…
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…
