Everything web3, crypto, defi, degen
In brief Tokenized Pokémon cards are having a moment. Some developers think that the NFTs can serve as collateral in DeFi. Leading tokenized cards platform Courtyard isn’t exploring that, according to its CEO. A pseudonymous developer in Canada knows that his project’s target demographic cares little about crypto or decentralized finance. For the most part,…
Kraken is doubling down on trader empowerment. By increasing margin trading leverage from 2x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: ADA, LINK, AVAX, SUI and LTC! 10x margin trading is now…
In brief Minister Jayant Chaudhary’s crypto investments grew 19% to $25,500 (₹21.31 lakh), marking the second year a Union minister disclosed digital asset holdings amid policy uncertainty. Mudrex’s survey of over 9,000 Indians revealed that 93% support crypto regulation, while 84% call the current 30% tax rate unfair compared to 12.5% equity taxation. The RBI’s…
In brief Solana hit $219.50 and XRP rose above $3 as both cryptocurrencies outperform the broader market while Ethereum cools down. Prediction markets show 54% of users expect Solana to reach new all-time highs by year-end, with similar bullish sentiment for XRP hitting $4. Expected SEC approval of Solana and XRP ETFs in the U.S.…
In brief Multiliquid CEO Will Beeson has argued yield is important for stablecoins to scale in a competitive market. The GENIUS Act banned issuers from paying interest but leaves openings for third-party arrangements. Banks have warned loopholes could drive trillions in deposits out of the U.S. banking system. The clash between Wall Street and the…
In brief Kazakhstan will establish a State Digital Asset Fund to build a strategic crypto reserve. Crypto ownership among citizens has doubled in two years while mining generates millions in tax revenue. President Tokayev also warned of rising online fraud and pushed for a fully digitalized smart city. Kazakhstan President Kassym-Jomart Tokayev has proposed the…
In brief Anton Kobyakov, an advisor to Russian President Vladimir Putin, said the U.S. is using crypto to help fix its debt issue. Kobyakov highlighted stablecoins will play a role in the U.S.’s debt devaluation. He added that the U.S.’s actions are at the “world’s expense.” An advisor to Russian President Vladimir Putin said that…
In brief Wall Street will advance privacy on Ethereum, according to Danny Ryan. Etherealize is building infrastructure for trading and settling tokenized equities. The company plans on leveraging zero-knowledge proofs. Privacy advocates should be cheering on Wall Street’s adoption of cryptocurrencies, according to Etherealize co-founder and President Danny Ryan.As markets move on-chain, financial institutions are…
In brief Dogecoin is one of the most valuable cryptocurrencies on the market, but it’s down 70% from its 2021 peak. While Bitcoin, Ethereum, and XRP all recently set new peaks, Dogecoin isn’t enjoying the same momentum. Experts tell Decrypt that the digital asset lacks use cases. Can a DOGE ETF really make a difference?…
In brief Hyperliquid has opened proposals for teams to issue a USDH stablecoin on its network. Validators will have five days to vote on proposals, with the ticker being unlocked for the winning team once quorum is reached. But an established Hyperliquid stablecoin protocol is calling it “unfair,” as it pursued the ticker in the…
