Everything web3, crypto, defi, degen
In brief Steam and Itch.io removed a wide range of adult games, following Collective Shout issuing an open letter to payment processors about titles involving “rape, incest, and child sexual abuse-themed games.” Collective Shout told Decrypt that it had “discussed” also pressuring crypto payment processors to do the same and may revisit the issue in…
In brief Biotech firm 180 Life Sciences is rebranding to ETHZilla and starting an Ethereum treasury. The firm is raising $425 million via a PIPE offering, and using proceeds to buy ETH. Shares are down more than 99% all-time, but finished the day up more than 10%. Publicly traded biotech company 180 Life Sciences is…
In brief Court documents now show that Bitcoin mixer Samourai Wallet’s founders will plead guilty. Investigators arrested William Lonergan Hill and Keonne Rodriguez last year, alleging that they allowed their app to be used by criminals. The Samourai Wallet app was used to hide the movement of Bitcoin transactions. The founders of Bitcoin mixer Samourai…
In brief CEA Industries chose BNB for its crypto treasury, picking it over more prominent assets like Bitcoin or Ethereum. Incoming CEO David Namdar believes the token hasn’t gotten enough attention and has been cut off from investors in the West. Shares of VAPE are down Tuesday, but up more than 336% in the last…
In brief Prediction markets enable users to speculate and bet on the outcome of any future event. The price of one “share” in a prediction market ranges from between $0.00 to $1, and its price correlates to its percentage chance of winning. Once the event has taken place, the market resolves, with the price going…
In brief South Korea’s ruling and opposition parties introduced competing stablecoin bills, diverging on whether to ban interest payments. Both proposals grant emergency powers to financial regulators and require full reserve backing for won-pegged tokens. The legislative split comes as President Lee Jae-myung advances a crypto-friendly agenda amid global moves to regulate stablecoins. South Korea’s…
In brief CryptoPunks’ floor price has climbed 163% since August 2024, now exceeding $200,000 for the first time in over a year. A recent sweep of 45 Punks and rising Ethereum prices have fueled renewed interest in high-end NFTs. NFT trading on Ethereum hit its busiest day since February last week, with CryptoPunks driving over…
In brief Z.ai’s GLM-4.5 and Air models leapfrog Western AIs, hitting No. 3 globally in industry tests. The startup, blacklisted by Washington, raised $1.5B as Chinese state funds pile in. New models are open-source, super-efficient, and cost a fifth of Western rivals to use. Beijing-based Z.ai, recently added to the U.S. Entity List and backed…
In brief Former Sky Mavis and Voodoo executive Quinn Campbell has joined Yield Guild Games as its as its third-party publishing advisor. Campbell is helping YGG Play test which game formats can scale under a single monetization model. YGG is targeting a crypto-native audience it calls Casual Degens: players drawn to fast, rewarding loops. Most…
In brief Solana co-founder Anatoly Yakovenko dismissed meme coins and NFTs as “digital slop,” in a discussion with Coinbase’s Jesse Pollak. Pollak defended platforms like Zora, calling content “incredibly valuable” and coins “the most powerful technology” for enabling value transfer to creators. Despite Yakovenko’s criticism, Solana remains deeply tied to meme coin activity, with launchpad…
