Everything web3, crypto, defi, degen
In brief Reve integrates web browsing, pulling real logos and references directly into edits. Nano Banana sets a new standard for character consistency, but suffers from strict censorship. Qwen 3 Omni Flash excels at multi-element compositions, but lags on subject fidelity. Local models like Flux Kontext or Qwen Image Edit provide full creative freedom without…
In brief The price of Bitcoin surged early Friday afternoon, coming close to matching the record mark set in August. The leading cryptocurrency has soared since the start of “Uptober”—the name given to October by some traders. Still, the volatility of the coin has dampened compared to previous cycles. “Uptober” is off to a roaring…
In brief A California judge dismissed a class-action lawsuit against Yuga Labs, ruling that Bored Ape Yacht Club NFTs are not securities. The judge found key differences from other NFTs plausibly deemed securities, noting Bored Ape buyers used third-party marketplaces, and that creator royalties weakened financial ties between Yuga and holders. The ruling gives Yuga…
In brief Bitcoin miner manufacturer Canaan said Thursday that it has landed an order for over 50,000 rigs. The order, from an undisclosed U.S. customer, is the firm’s largest single order in the last three years. Canaan shares surged in early trading Thursday following the announcement. Canaan Inc., a Singapore-based cryptocurrency mining equipment manufacturer, announced…
In brief OpenAI’s new Sora 2 video model generates synchronized dialogue and sound effects, while an iOS app lets users insert themselves into AI videos through “cameos.” OpenAI compared the release to a “GPT-3.5 moment for video,” with physics-aware clips, multi-scene continuity, and a TikTok-style feed. Sora 2 Pro launched for ChatGPT subscribers, while 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 green but pulling back after Monday rally; BTC at $113k SWIFT partners with Consensys to bring payments onchain SEC &…
In brief New York City’s ‘Bitcoin Mayor’ Eric Adams has dropped out of the race for re-election. Adams had publicly tied his image to crypto, from Bitcoin paychecks to calls for BitLicense reform, and many other initiatives. His withdrawal follows legal troubles and questions about whether crypto can anchor political identity. Eric Adams, mayor of…
In brief Telegram founder Pavel Durov said French intelligence sought the removal of opposition channels ahead of Moldova’s 2024 election. His allegations come as Moldova’s pro-European party leads in a new parliamentary vote marked by claims of Russian interference. The dispute underscores rising state pressure on digital privacy platforms, from messaging apps to crypto networks.…
With Dogecoin making a comeback late last year and early into 2025, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the…
In brief Cipher Mining on Friday announced it had upped the price of its convertible debt offering. The Nasdaq-listed Bitcoin miner revealed a $3 billion AI hosting deal on Thursday, backstopped by Google. Bitcoin miners are increasingly delving into the world of AI computing, as both require immense computing power. Bitcoin miner Cipher Mining on…
