Everything web3, crypto, defi, degen
In brief The NHL has signed multi-year licensing deals with prediction market startups Kalshi and Polymarket. Weekly prediction market volume surpassed $2 billion for the first time, with sports betting driving $414.7 million in volume last week. Major funding rounds have propelled valuations, with Kalshi recently raising $300 million and Polymarket securing $2 billion. The…
Throughout the quarter, Kraken accelerated that momentum – introducing new product categories, enhancing client experiences and expanding platform-wide capabilities to strengthen our full product suite. Our results demonstrate the scalability of our multi-product platform and the resilience of our model in a fast-changing market. By pairing innovation with discipline, we continue to lay the foundation…
In brief ChinaAMC’s Solana ETF will be Hong Kong’s first spot fund offering direct exposure to SOL, set to begin trading Oct. 27. The ETF will invest entirely in SOL and track the CME CF Solana-USD Index based on the APAC reference rate. Observers say the move shows Hong Kong’s confidence in expanding its regulated…
DePIN-fueled ecosystem AIOZ Network is “evolving a people-powered internet”—addressing key pain points while delivering infrastructure that’s designed for the artificial intelligence era.“AIOZ Network empowers users to store, compute, and share data on their own terms,” Erman Tjiputra, Founder and CEO of AIOZ Network, told Decrypt. Anyone can contribute to the “people-powered, peer-to-peer DePIN network” using…
In brief Bitcoin is down 4% this month, defying its historical 19.84% average return for October. Analysts say on-chain data and failed rallies point to a continued correction phase. Sharp price swings reflect a market torn between institutional optimism and macro risks. Bitcoin’s recovery this week continues to lag, leaving most altcoin performances in the…
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 are red overnight; BTC -2% at $108,500 Coinbase buys Cobie’s Echo + Up Only NFT for $375M Coinbase urges US…
Bitcoin and the broader financial markets are bracing for the first inflation data release after the U.S. government shut down on October 1, with analysts pricing in a measured market reaction. The Consumer Price Index reading, scheduled for release on Friday, will play a pivotal role in shaping the Federal Reserve’s interest rate decision next week.The…
In brief A major outage at Amazon Web Services continued to disrupt key crypto platforms on Monday afternoon, including Coinbase, Base, and OpenSea, with issues hitting East Coast users especially hard. The downtime even impacted decentralized apps like MetaMask, which use third-party, AWS-dependent services to fetch blockchain data for users. While the disruptions highlighted crypto’s…
In brief Bitcoin funds experienced $946 million in outflows last week following the October 10 market crash triggered by President Trump’s tariff threats, with losses concentrated in U.S.-listed products. While U.S. investors pulled money out, European and Canadian investors bought the dip, with Germany, Switzerland, and Canada recording net inflows during the downturn. Altcoins saw…
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 rebound over the weekend, Bitcoin back at $110,700 Stripe’s Tempo raises $500M at $5B valuation Mr Beast files trademark for…
