Everything web3, crypto, defi, degen
In brief Guido Reichstadter is maintaining his hunger strike at Anthropic’s San Francisco offices. Michael Trazzi and Denys Sheremet staged similar fasts at DeepMind’s London HQ, but ended them this week. AI doomers are raising the alarm about the potential dangers of AI superintelligence. Guido Reichstadter is 24 days into a hunger strike outside the…
In brief Strategy Michael Saylor appeared to endorse Bitcoin Knots on X on Wednesday. The CEO of a prominent firm doubts that was Saylor’s intention. Saylor has acknowledged the debate surrounding OP_RETURN elsewhere. When Michael Saylor speaks, Bitcoiners often listen. But on Thursday, they couldn’t seem to agree on whether Strategy’s co-founder and executive chairman…
In brief A Circle executive said the company is considering whether to enable reversible USDC transactions. The move would potentially boost the usefulness of stablecoins by traditional finance players. However, it also goes against the crypto ethos of immutability. Publicly traded stablecoin issuer Circle is exploring the possibility of reversible transactions involving its dollar-backed stablecoin,…
In brief Bitcoin was trading at $111,336, down 1.8% daily and 5.4% weekly, as investors awaited tomorrow’s PCE inflation data release. Of prediction market users, 61% expect BTC to drop to $105,000 before reaching new highs, with selling pressure between $115,000-$119,000. Fed rate cut odds stand at 83.4% for next month’s meeting, but higher inflation…
In brief Plasma, a stablecoin-focused layer-1 blockchain, has hit “mainnet beta” with its XPL token debuting alongside it. XRP buyers from the initial coin offering earlier this year are up massively. Additionally, people who made deposits towards the pre-sale were handed free tokens, even if they didn’t ultimately buy XPL. Stablecoin blockchain Plasma launched its…
In brief Kraken surveyed 1,000 crypto users in the U.S. Of the survey respondents, 79% said they would pay higher fees on an exchange they trust. Still, most users had accounts at multiple exchanges. In an industry that prides itself on decentralization, a recent survey conducted by crypto exchange Kraken found that Americans are placing…
In brief South Korea’s ruling Democratic Party has established a Digital Asset Task Force to draft comprehensive stablecoin and crypto legislation. The task force aims to enact digital asset laws during this year’s regular and year-end National Assembly proceedings. The country faces mounting pressure over capital flight, with $40.6 billion in digital assets transferred abroad…
In brief South Park’s latest episode “Conflict of Interest” satirized prediction markets, specifically naming Polymarket and Kalshi as targets of its criticism while depicting children becoming obsessed with betting on everything. Prediction market users largely failed to forecast their own platforms being mentioned, with only 27% on Myriad and around 20% on Kalshi and Polymarket…
In brief Integrity Chain, built by BayaniChain, logs DPWH contracts and milestones as digital assets validated by independent civic groups. The launch follows protests on September 21, during which 130,000 people demanded accountability over $33 billion in alleged infrastructure corruption. The project aims to rebuild trust using cryptography and open validation systems. The Philippines has…
In brief South Park’s next episode, “Conflict of Interest,” will center on a prediction market app taking over the kids’ school. Real prediction markets like Myriad and Polymarket are letting users bet on which words or topics will appear in the episode, which is set to air tonight. The current season of South Park has…
