Everything web3, crypto, defi, degen
In brief Prediction markets enable users to speculate and bet on the outcome of any future event. The price of one “share” in a prediction market ranges from between $0.00 to $1, and its price correlates to its percentage chance of winning. Once the event has taken place, the market resolves, with the price going…
In brief Ethereum layer-2 network Linea aims to be the future home to the world’s Ethereum capital. The network unveiled some token details and mechanisms designed to support ETH and LINEA. Ethereum-aligned companies like SharpLink Gaming, ENS Labs, and Eigen Labs will collectively steward 75% of the LINEA token distribution as part of the Linea…
In brief Top Shot moments are now collectible via physical vending machines located in Japan. Packs are sold for about $6.70, with payments made via mobile devices after interacting with the machines. Users will not need any knowledge of crypto or blockchains to add to their collection. Basketball highlights from Dapper Labs’ NBA Top Shot…
In brief Former Sky Mavis and Voodoo executive Quinn Campbell has joined Yield Guild Games as its as its third-party publishing advisor. Campbell is helping YGG Play test which game formats can scale under a single monetization model. YGG is targeting a crypto-native audience it calls Casual Degens: players drawn to fast, rewarding loops. Most…
In brief Solana co-founder Anatoly Yakovenko dismissed meme coins and NFTs as “digital slop,” in a discussion with Coinbase’s Jesse Pollak. Pollak defended platforms like Zora, calling content “incredibly valuable” and coins “the most powerful technology” for enabling value transfer to creators. Despite Yakovenko’s criticism, Solana remains deeply tied to meme coin activity, with launchpad…
In brief Options markets now assign a 30% probability to Ethereum reaching $6,000 by year-end, up from 7% in early July, Decrypt was told. A U.S.-EU trade deal has calmed global risk sentiment, creating a more favorable backdrop for digital assets. Low volatility and funding rates suggest crypto’s latest rally is being driven by spot…
In brief The Wyoming Stable Token (WYST) won’t initially offer a yield, but there is support for enabling the feature later, Wyoming State Senator Chris Rothfuss said. Wyoming’s Select Committee on Blockchain urged the Commission issuing WYST to “resist pressure to act as a political or financial gatekeeper.” The GENIUS Act’s passage could increase crypto…
ETH LEADS, MONEY SUPPLY HITS ATH, PUNKS CONTINUE TO SURGEBTC dips as jobs data diminishes Fed rate cut hopes. US crypto inflows surge hit $60b YTD. Strategy increases pref stock offering to $2b. Tokyo’s Quantum Solutions plans to buy 3k BTC. ETH could outperform BTC for 6 months: Novogratz. Galaxy begins to sell large clips…
Here’s some more information about the tokens: Virtuals Protocol (VIRTUALS) is a digital asset based on blockchain technology.which enables decentralized peer-to-peer transactions . Trading with Virtuals Protocol can offer portfolio diversification opportunities, potential profits from market movements, and exposure to one of the most active areas of global finance. Fetch.ai (FET) is building a decentralized…
In brief OSL Group is raising HK$2.36 billion (US$300 million) through new share issuance. About $90 million is earmarked for stablecoin and payment infrastructure. Observers say the move positions OSL to capitalize on early demand for compliant stablecoin rails in Asia. OSL Group, Hong Kong’s first licensed digital asset exchange, said Friday it will raise…
