Everything web3, crypto, defi, degen
In brief Core v30 raises the OP_RETURN limit, letting transactions carry far larger amounts of non-payment data like messages, proofs, or files. Critics say the change risks abuse and legal exposure, while supporters argue it provides a cleaner, safer way to handle data. Figures including Adam Back and Jameson Lopp have flagged the idea spans…
In brief Leaked files tie Moldovan oligarch Ilan Shor’s A7 network to $8 billion in crypto transactions for sanctions evasion. Analysts link the funds to election interference efforts via apps, bots, and ruble-backed stablecoins. Experts urge caution, noting attribution limits and the growing complexity of Russia’s crypto ecosystem. When a cache of internal files from…
In brief A 12-foot gold statue of Trump holding a Bitcoin was unveiled outside the U.S. Capitol on the day the Fed cut interest rates by a quarter-point. Funded by a group of meme coin creators, the installation is meant to provoke a conversation about government currency and digital financial innovation. Reactions are split: supporters…
In brief Myriad traders are betting on whether Jerome Powell will wear a purple tie at the September FOMC press conference—odds heavily favor Yes. Purple has become Powell’s signature color, signaling the Fed’s commitment to neutrality over partisan “red vs. blue” politics. The quirky market highlights how prediction platforms are moving beyond rate calls to…
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…
