Everything web3, crypto, defi, degen
In brief FTSE Russell will publish its global equity, FX, and digital asset benchmarks directly on blockchain networks. The data will be accessible to over 2,000 applications across more than 50 public and private blockchains. Observers say the move could transform traditional reference indices into programmable and verifiable financial primitives. FTSE Russell, a global index…
In brief Hollywood.com and Crypto.com are joining to debut entertainment-focused prediction markets. Prediction markets are booming lately with record volume and multi-billion-dollar platform valuations. Crypto.com is also powering an upcoming Truth Predict platform from Trump Media & Technology Group. Prediction market fever is sweeping through crypto, politics, sports—and now Hollywood, too.On Monday, Hollywood.com announced an…
In brief Balancer, a multi-chain automated market maker, suffered a major exploit that has resulted in an estimated $128 million in losses. Liquidity pools across Ethereum, Arbitrum, Base, and other chains have been affected by the attack. Berachain has halted its blockchain and is preparing for a hard fork to recover the lost funds. Crypto…
In brief Nasdaq warned TON Strategy for violating shareholder approval rules after the company raised over $500 million through a private stock sale to buy Toncoin. The exchange said TON Strategy, formerly Verb Technology, did not intentionally evade compliance, and issued only a warning instead of delisting its stock. The firm’s stock briefly surged after…
In brief Strategy last week spent $45.6 million on 397 Bitcoins, one of its smaller buys. It now holds 641,205 digital coins worth $69.1 billion. The Bitcoin treasury’s stock was down slightly on the news. Bitcoin treasury Strategy added 397 digital coins for around $45.6 million—an average price of $114,771 per coin—in one of its…
After a rough October that didn’t produce the expected “Uptober” gains for Bitcoin and other top crypto assets, November’s getting off to a rough start.Major crypto assets are deep in the red so far on Monday, with Bitcoin diving by 4% and altcoins showing much larger losses. All the while, liquidations are piling up, with…
In brief Bitcoin hovered near $108,000 and Ethereum traded around $3,750, extending cautious positioning ahead of Friday’s U.S. employment report. Bessent said high rates “may have driven” parts of the economy into recession, fuelling debate over whether future cuts would signal strength or stress. On-chain data shows Bitcoin stuck below a key $113,000 cost-basis level.…
In brief Bitcoin has typically performed well during October—dubbed “Uptober” by observers. But this year, the leading cryptocurrency finished the month in the red. Experts told Decrypt that a number of factors influenced the drawback. Despite a roaring start and fresh all-time high early on in October, the expected “Uptober” turned into a real downer…
In brief Ethereum’s price swings are dictated by a cycle of extreme greed and panic in funding rates, according to analysts. They argue that the market is under stress, sustained by leverage rather than real spot demand. Breaking the volatile cycle requires a reset in derivatives positioning and new spot buying, analysts told Decrypt. Ethereum…
In brief BNB and XRP are currently pulling back, with just a $500 million separating them in market cap. Traders on the Myriad prediction market are split, giving BNB a slight edge over XRP at 55%. Here’s what the charts say. After weeks of trading in parallel, the gap for cryptocurrency’s fourth-largest spot by market…
