Everything web3, crypto, defi, degen
In brief Figma stock dropped nearly 20% to $54.56 on Thursday after its first quarterly earnings since going public. Ark Invest Tracker data showed more than 100,000 shares added to ARKW, though the disclosure has not yet been confirmed in ARK’s public filings ARK’s purchase is a “textbook” Cathie Wood move, Decrypt was told. Ark…
In brief Figma shares fell nearly 20% Thursday to $54.56, down from a high of $122 in early August. Q2 revenue rose 41% to $249.6 million, slightly beating expectations, with 2025 adjusted operating income forecast at $88–$98 million. The firm disclosed $91 million in Bitcoin holdings but its CEO stressed it is “a design company,”…
In brief Top markets on Myriad this week include predictions on the next move for Bitcoin and Solana. As prices slide, predictors are leaning bearish with odds swinging heavily on Myriad in favor of lower price targets. The NFL returns, and predictors on Myriad are offered slightly better odds compare to traditional sportsbooks for an…
In brief Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut. The Solana-based project adds a new dimension to their on-chain presence. Physically-backed Pokémon card NFTs have primarily existed on Polygon. Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based…
In brief An AI-generated clothing model on Shein’s site bore an uncanny resemblance to alleged murderer Luigi Mangione, confirmed by facial recognition tools. The shirt sold out before Shein pulled the listing, blaming a third-party vendor for the fiasco. The incident adds to a growing list of AI-generated ad disasters, from deepfake influencers to celebrity…
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 are green with SOL leading; BTC at $111,500 BTC ETFs see $333M in inflows, highest day since Aug 8; ETH…
Every decision we make comes back to one principle: Building the best possible experience for our clients. That’s why we are proud to announce that Kaiko has ranked Kraken as the #1 global crypto exchange for Q3 2025 – our first-ever top finish, completing our steady rise from #3 in Q1 2025 and #2 in…
In brief The ruling lets Google keep Chrome while imposing limits on exclusivity and new data-sharing obligations. Google relied on default agreements and preferential treatment that reinforced its dominance in search, the DOJ said. Analysts say the remedies are less drastic but still leave Google’s core moat intact. A U.S. federal judge declined to force…
In brief The market cap of top Bitcoin miners tracked by JP Morgan last month soared to a new record. This comes as publicly-traded miners branch out into high-performance computing, analysts at the bank said. The environment for the Bitcoin mining industry has been challenging. The market cap of top publicly-traded Bitcoin miners soared last…
In brief Coinbase unveiled a hybrid index called Mag7 + Crypto Equity Index Futures. The futures index tracks Coinbase shares, “Magnificent 7” tech stocks, and Bitcoin and Ethereum ETFs. The product will be available through “partner platforms,” Coinbase said. Coinbase is debuting futures in the U.S. that will simultaneously give traders exposure to cryptocurrencies and…
