Everything web3, crypto, defi, degen
In brief CTM360 identified a “ClickTok” campaign using over 10,000 fake domains that mimic TikTok Shop to steal user credentials and distribute malware through phishing pages and trojanized apps. Scammers deploy fake Meta ads and AI-generated TikTok videos mimicking influencers to direct victims to fraudulent storefronts offering heavily discounted products paid for with cryptocurrency. The…
In brief Amanda Fischer, ex-Chief of Staff to SEC Chair Gary Gensler, compared liquid staking to the risky rehypothecation practices that helped sink Lehman Brothers. Crypto lawyers and founders say Fischer overstates the SEC’s stance, which narrowly applies to passive, non-leveraged staking setups. Figures from VanEck, Solana’s Helius Labs, and Magic Eden called Fischer’s claims…
In brief Coinbase has launched a new feature for developers. It will allow builders to include crypto wallets into their apps. The exchange said the feature will be well-suited to stablecoin-related apps. Crypto exchange Coinbase has debuted a feature for developers so they can easily build self-custodial wallets into their apps. Dubbed the Embedded Wallets software,…
In brief Bitcoin and Ethereum ETFs have experienced $1.9 billion in net outflows over a three-day period. Despite the outflows, analysts are unfazed and see potential inflow catalysts in the near future. Bitcoin and Ethereum have dropped 3.6% and 5.2% respectively over the course of the last week. Bitcoin and Ethereum exchange-traded funds have experienced…
In brief Ponke, a Solana meme coin with a large social media following, is set to sell a plush toy of its monkey mascot on Wednesday for $69. It comes as the result of its partnership with 223, a spinout venture of licensed accessories giant JCorp. The project is set to roll out two more…
In brief MEXC Ventures has invested in Indonesian crypto exchange Triv at a $200 million valuation, though the amount remains undisclosed. The deal was structured entirely as equity and reflects MEXC’s long-term strategy of backing licensed exchanges in emerging markets. Triv will maintain operational independence while gaining access to greater liquidity and expanded product support…
In brief Top U.S. companies like Coinbase and PayPal have recently doubled down on offering customers 3% to 5% rewards on stablecoin desposits. The GENIUS Act, passed last month, prohibits stablecoin issuers from offering yield to holders. But Coinbase no longer issues USDC, and PayPal lets a third-party company issue its native PayPal stablecoin, permitting…
In brief Microsoft’s Edge Copilot Mode brings free, built-in AI to the masses—no waitlist, no extra app, just ask and it answers. Comet and Dia promise supercharged assistants, deep automation, and privacy—if you can stomach the price (or score an invite). Opera and soon Neon bet on local AI and wild multitasking, while OpenAI’s rumored…
In brief Cryptocurrency exchange Bullish formally filed for IPO. The exchange aims to raise up to $629 million based on an initial share price of $28-$31. The firm previously sought IPO in 2021, but plans were spoiled due to market conditions in 2022. Cryptocurrency platform Bullish publicly filed its F-1 registration with the SEC on…
In brief 17-year-old Nathan Smith made ChatGPT help him pick micro stocks and documented his open-source AI experiment on Substack and GitHub. Wall Street firms are quietly rolling out their own AI copilots, but experts warn: bots are fast, but not always wise. Generally speaking, AI agents and chatbots are better at fundamental analysis than…
