Everything web3, crypto, defi, degen
In brief Polymarket can now return to the U.S. after the CFTC said it won’t pursue certain enforcement actions against QCX, CEO Shayne Coplan said Wednesday. Polymarket acquired QCX, a licensed exchange already regulated by the CFTC, for $112 million in July. Polymarket was banned from the U.S. in 2022, and has been looking for…
In brief President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap. At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko. Some early buyers of the token could today realize a gain of more than…
Prediction market protocol Myriad has passed $10 million in USDC trading volume with over half a million users, as it builds on its mission to make information itself a tradable asset class.The protocol’s rapid expansion is “building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment…
In brief Top markets on Myriad’s prediction market include questions about Satoshi’s wealth and Kanye’s token. Predictors are not as bullish on ETH than they were last week, in line with the asset’s recent fall. But predictors are even less bullish on Bitcoin booming for Satoshi, and YZY jumping 50% by the end of the…
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 soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH…
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…
In brief Predictors on Myriad are leaning bullish on Bitcoin, believing it will hit $125K before it dips to $105K. A new market asks whether or not SharpLink Gaming will reach its 1 million ETH milestone before September 16, though predictors are skeptical. Vitalik Buterin has been vocal about the Ethereum layer-2 roadmap and predictors…
In brief Microsoft’s Copilot Mode enhances its Edge browser with AI-driven features like image analysis, video summaries, and more. Testing showed Copilot still requires precise prompts for accurate results and relies on captions for video analysis. It’s the next step in the race toward AI browsers that will fundamentally change how we use the web.…
In brief Sen. Warren acknowledged the need for crypto legislation but critiqued the industry’s influence on US politics. The senator claimed the GENIUS Act was an instance of the industry writing “its own legislation.” She compared it to another bill—the Commodity Futures Modernization Act of 2000—which may have indirectly influenced the 2008 financial crisis. Sen.…
Everyone thinks prediction markets are all about big money and quick trades. But what if the real edge isn’t speed or volume but rather the story behind a prediction?Prediction markets face the same fundamental problem: getting people to care enough to participate. Polymarket addressed this challenge by offering high‑stakes political markets that generated significant volume…
