Everything web3, crypto, defi, degen
In brief Leading Ethereum treasury company BitMine Immersion Technologies now holds $13 billion worth of ETH. The company purchased $823 million worth of Ethereum over the last week, it said Monday. BitMine is second only to Bitcoin giant Strategy in terms of the value of its crypto treasury holdings. BitMine Immersion Technologies, the leading publicly…
In brief GalaxyOne is set to compete with the likes of Coinbase and Robinhood. The platform offers “premium” yield for accredited investors. Galaxy has historically catered to financial institutions. Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken…
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 Steakhouse, a curator on Morpho, is sharing performance fees with Coinbase. The fees are derived from user repayments toward Bitcoin-backed loans. People are tapping the product to pay for cars and home improvements. Coinbase’s newest lending product is generating profits for the crypto exchange in several ways, but not all are reflected clearly…
In brief Samsung has integrated Coinbase access within its wallet app in the United States. The feature lets Samsung device owners more easily purchase cryptocurrency from their phones. Samsung has been immersed in crypto for years via phone integrations, investments, and enterprise blockchain moves. Tech giant Samsung has expanded its collaboration with crypto exchange Coinbase…
In brief Crypto markets have swung bullish this week, shifting odds dramatically back in favor of new all-time high marks for Bitcoin and Solana. Predictors believe Bitcoin is much more likely to hit $125,000 before $105,000, as it topped $121K on Thursday. Speculation about a Polymarket token is picking up steam, but predictors don’t expect…
In brief Bitcoin hit $120,000 Thursday for the first time since mid-August. Investors are flocking back to Bitcoin ETFs, with substantial inflows on Wednesday. October in the past has been a strong month for the asset, with traders dubbing it “Uptober.” Bitcoin topped a price of $120,000 per coin on Thursday for the first time…
On Monday, Kraken Co-CEO Arjun Sethi joined leaders from ICE, CME, Nasdaq, Cboe, Kalshi, DRW and Polymarket at the SEC–CFTC Roundtable on platforms and market structure. Moderated by former CFTC Commissioner Jill Sommers and SEC Division of Trading and Markets Director Jamie Selway, the panel brought together some of the most influential voices in global…
In brief A former Singapore Armed Forces diver stole $1.7 million in USDT after photographing the victim’s seed phrase in their bedroom. He spent the money on luxury watches, gambling and mortgage payments. Seed phrases are the master keys to crypto wallets and a major target for hackers worldwide. A former Singapore Armed Forces (SAF)…
In brief Mitchell Amador, CEO of Immunefi, told Decrypt at Token2049 in Singapore that AI tools once limited to security firms are now accessible to groups like Lazarus, enabling massive attacks. Bug bounties have paid out over $100 million but have “hit the limits” as there aren’t “enough eyeballs” to provide necessary coverage, he said…
