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 fall 1-2% ahead of FOMC today; BTC at $113,200 Bitwise SOL ETF breaks 2025 record for launch day volume Western…
In brief ASIC has released an updated version of Info Sheet 225, expanding how financial-services laws apply to digital assets, including stablecoins, staking, and tokenized products. The guidance introduces new custodial standards and 18 classification examples while reaffirming that Australian law applies to offshore and decentralized platforms serving local users. The update aligns with Treasury’s…
In brief Mt. Gox was the world’s largest Bitcoin exchange until it shut down in 2014 after discovering large-scale BTC thefts. Some 850,000 Bitcoin was stolen over the course of years due to a vulnerability in Bitcoin’s code. After Feds recovered 140,000 BTC in 2023, repayments to Mt. Gox users are finally underway… but the…
Western Union will release a stablecoin via the Solana blockchain in 2026, the company said Tuesday.The international payments firm said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.”Western Union will provide users with access to digital assets, and we look…
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 fall slightly after weekend rally; BTC -1% at $114,500 SOL holds $200 ahead of Bitwise BSOL ETF launch today (with…
In brief Coinbase offers Bitcoin-backed loans as a technology provider. The exchange’s competitors have state-by-state licenses. Coinbase applied for a national trust charter this month. As Coinbase leans into its Bitcoin-backed lending product, the exchange is offering customers competitive rates by connecting them with lightly vetted pools of capital, which don’t require people to provide…
In brief Circle launched the public testnet for Arc, its Layer-1 blockchain network, with participation from over 100 companies including BlackRock, Visa, Goldman Sachs, AWS, and major crypto exchanges like Coinbase and Kraken. The blockchain is designed as an “Economic Operating System” featuring dollar-based fees, sub-second transaction finality, and optional privacy for financial applications like…
In brief China’s central bank will continue cracking down on domestic crypto operations while monitoring overseas stablecoin developments. PBOC Governor Pan warned stablecoins “can’t meet the basic requirements like customer identification and anti-money laundering.” Meanwhile, Japan rolled out JPYC, the first yen-backed stablecoin, and South Korea launched KRW1, its first regulated won-backed token. China will…
Wall Street bank Citi and crypto exchange Coinbase are teaming up to “boost digital-asset payment capabilities” for the bank’s institutional clients.In the initial phase, the bank aims accelerate fiat pay-ins and payouts and improve orchestration to better bridge traditional finance with crypto on- and off-ramps, the bank said in a press release.“The financial landscape is…
In brief Strategy purchased $43 million worth of Bitcoin. The purchase was funded through a combination of preferred shares. Citi analysts last week said Strategy shares could hit $485. Strategy spent $43 million on 390 Bitcoin last week, the company said in a press release on Monday, its largest purchase of the asset in nearly…
