Everything web3, crypto, defi, degen
In brief Bitwise has filed with the SEC for a Chainlink ETF that would directly hold LINK tokens, using Coinbase Custody as the custodian. The ETF would offer in-kind creation and redemption, allowing investors to exchange LINK tokens directly for shares. LINK traded around $24.27 following the news, down 1.1% amid broader crypto market weakness.…
In brief SharpLink Gaming added around $250 million in Ethereum to its treasury last week. The firm now holds nearly 800,000 ETH valued around $3.6 billion. Myriad predictors are split as to whether or not the firm will reach its goal of 1 million ETH by mid-September. Gambling marketer turned Ethereum treasury company SharpLink Gaming…
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 SubstackGM!Today’s top news: Crypto majors red but moving higher after Trump moved to fire Fed Governor Lisa Cook ETH ETFs see $444M in net inflows,…
In brief Trump Media is working with Crypto.com to build a crypto treasury with $6.4 billion in backing. The treasury will be made up of Cronos (CRO). Trump Media’s Truth Social will also use CRO as a rewards and utility token. It’s the latest crypto-related business venture by one of President Trump’s companies. Trump Media…
In brief The letter warned AI companies, including Meta, OpenAI, Anthropic and Apple, to prioritize children’s safety. Surveys show seven in ten teenagers in the U.S. have already used generative AI tools, and over half of 8-15 year olds in the UK. Meta was particularly singled out after internal documents revealed AI chatbots were allowed…
In brief Standard Chartered’s Geoffrey Kendrick sees Ethereum’s pullback from its all-time high as a “great entry point” with $7,500 target by end of 2025. Treasury companies and ETFs have purchased 4.9% of circulating ETH since June, with buying pressure driving the recent surge to $4,953 all-time high. Ethereum ETFs attracted $444 million inflows Monday…
In brief Dogecoin notes a 3% recovery bounce after dropping 16% from the August 24 peak of $0.245. Key fundamental developments for Dogecoin include the Trump family-linked Thumzup acquiring a Dogecoin mining company amid pending approval of a spot Dogecoin ETF. Experts suggest an uptick in whale activity and a surge in whale wallets is…
In brief Sugar Match is a new mobile puzzle game akin to Candy Crush Saga, albeit with crypto features. The game is built around the CNDY token minted on Tezos layer-2 network, Etherlink. The mobile game is now available in Google Play Store and Apple App Store. Candy Crush Saga’s glossy, streamlined take on match-3…
In brief Musk’s X Corp. and xAI claim Apple’s exclusive ChatGPT integration gives OpenAI “billions of user prompts” while completely blocking competitors. The lawsuit accuses Apple of manipulating App Store rankings to favor ChatGPT despite Grok ranking second in “Productivity.” Xai and X Corp. are seeking billions in damages and court orders to end the…
In brief The Paris-based chipmaker aims to raise up to $200 million through ADS issuance. Funds will be directed toward expanding Bitcoin holdings under long-term plan. The company already holds more than 3,000 BTC, with a 100,000 target by 2030. Sequans Communications (NYSE: SQNS), a Paris-based semiconductor firm listed on the New York Stock Exchange,…
