Everything web3, crypto, defi, degen
In brief Crypto exchange OKX announced changes to the tokenomics of its OKB token, sending it up more than 100% to a new all-time high. The OKB supply will undergo a burn of more than 65 million OKB tokens, bringing its fixed supply to 21 million in the process. The OKB token acts as the…
The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration. The regulator, which now has a crypto-friendly chairman in Paul Atkins and a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and…
In brief XRP is a cryptocurrency developed to facilitate efficient cross-border transactions, particularly for financial institutions and payment providers. The XRP Ledger employs a unique consensus protocol called the Ripple Consensus Algorithm to validate transactions. A long-running legal dispute between Ripple Labs and the U.S. SEC over whether sales of XRP constituted a unregistered securities…
In brief Banking groups have demanded that Congress close “loopholes” in the new GENIUS Act that allow stablecoin interest payments through exchanges and third parties. The banks warned of a $6.6 trillion deposit flight risk that could disrupt traditional lending and increase borrowing costs. Industry momentum continues with major crypto firms such as Paxos and…
In brief Investors put over $1 billion into Ethereum ETFs on Monday, breaking the single-day record. The surging investment shows that people finally understand the cryptocurrency, Bloomberg analyst Eric Balchunas told Decrypt. Ethereum’s price is now close to breaking a new all-time high, topping $4,500 on Tuesday for the first time since 2021. Investors threw…
ETH at $4,400, ETH ETFS $1B DAILY INFLOWS, TOM LEE ACQUIRES 1.2M ETHBitcoin pulls back after falling short of ATH. ETH outperforms, ETFs hit record $1b+ inflows. Stripe building L1 blockchain for payments. Circle profit rises 53%, also building L1 chain. Strategy bought only $18m BTC last week. Metaplanet buys $61m BTC. BMNR now top…
In brief Elon Musk accused Apple of excluding Grok and X from its “Must Have” section while promoting OpenAI’s ChatGPT. Legal experts say the case could test the line between curation rights and anti-competitive conduct. The dispute comes amid ongoing antitrust probes into Apple’s App Store dominance. Billionaire Elon Musk has escalated his dispute with…
August 12, 2025 | News Our MiCA license is fully activated, unlocking regulated access to crypto services throughout the European Economic Area Kraken is now live in all 30 countries of the European Economic Area (EEA) under our Markets in Crypto-Assets Regulation (MiCA) license – a significant milestone that expands our secure, compliant crypto offering…
ETH ETF INFLOWS ATH, CIRCLE & STRIPE PLAN L1S, CPI TODAYBitcoin pulls back after falling short of ATH. ETH outperforms, ETFs hit record $1b+ inflows. Stripe building L1 blockchain for payments. Circle profit rises 53%, also building L1 chain. Strategy bought only $18m BTC last week. Metaplanet buys $61m BTC. BMNR now top ETH holders,…
In brief Circle shares popped over 11% in pre-market trading Tuesday after a bullish Q2 earnings report. The report also included news that the company plans to launch its own blockchain, Arc, in the fall. However, Circle also posted a quarterly loss of $482 million, which the company said was incurred almost entirely by IPO-related…
