Everything web3, crypto, defi, degen
In brief Meta is pouring billions into AI, aiming to build “personal superintelligence” for users. The company launched Superintelligence Labs and is racing to train massive next-gen AI models. So far, AI mostly powers ads and engagement, raising questions about Meta’s real endgame. Meta is investing billions in AI infrastructure and intensifying efforts to recruit…
In brief Etherex, a new decentralized exchange on Linea, aims to fulfill the original promise of Ethereum DEX. The DEX is designed to be completely user-aligned, providing all trading fees and incentives back to locked token holders. It ultimately could attract capital from major ETH holders and institutions by offering “superior yield.” Newly launched crypto…
In brief Quantum computers threaten blockchain security by cracking private keys with Shor’s algorithm. Chains using EdDSA, like Solana and Sui, are easier to upgrade for quantum resistance. Older chains like Bitcoin face steep risks and costly upgrades, or risk leaving assets exposed. Quantum computing could one day break the cryptographic foundations that secure trillions…
In brief Developers William Lonergan Hill and Keonne Rodriguez on Wednesday pleaded guilty to operate an unlicensed money transmitting business. The two—who set up Bitcoin mixer Samourai Wallet—had changed their pleas this week. They could face up to five years in prison. The founders of Bitcoin mixer Samourai Wallet face up to five years in…
Following up on our recent announcement about the infrastructure transition, we need to address another important aspect of our operations that requires new stewardship: our social media accounts and blog management.As we mentioned in our previous post, the funding we received through the CFPs has been exhausted. This affects not just our infrastructure services, but…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
In brief Attorney Leslie Sammis has successfully challenged Volusia County’s seizure of 1.19121 BTC from an EU-licensed brokerage’s Kraken account. The seizure warrant was never assigned a case number or filed with the clerk of court. Authorities must return all crypto, retrieve $95,030.59 sent to Wisconsin, and pay legal fees. Authorities in Volusia County were…
When the market’s hot, having a plan is half the profit. That’s the mindset pro trader Dentoshi brought to our latest live session, hosted by Kraken’s VP Growth, Matt Howells-Barby. In front of thousands of live viewers, Dentoshi opened up her process for preparing to trade in bullish market conditions – from weekly reviews and…
In brief Authorities recovered over 90 BTC, valued at about $11 million. Prosecutors said the funds were moved through eight offshore exchanges and obscured using coin mixing tools. The case was included in a government report highlighting the rise of crypto-enabled fraud in China’s tech sector. A Beijing court sentenced a former technology firm executive…
In brief Nym’s token surged 12% after the UK began enforcing the Online Safety Act, triggering a 6,000% spike in VPN demand. The law forces age verification for online content, pushing users to seek privacy tools to bypass restrictions. Privacy advocates say the law enables mass surveillance under the guise of protecting children. The Nym…
