Everything web3, crypto, defi, degen
In brief In April, Armbrust pled guilty to computer fraud after using his ex-employer’s AWS account to mine Ethereum. Armbrust was sentenced to three years of probation and ordered to repay the full amount, court records show. The mining operation cost his former employer over $45,000 in cloud fees while netting him about $5,800 in…
In brief Bitcoin’s energy consumption remains large, at an estimated 138TWh as of 2025. Recent academic research explores the broader environmental cost of Bitcoin mining, adding in carbon dioxide, water, e-waste, and land impacts. Policy pressure is rising as governments focus on what kind of power Bitcoin mining uses, where it is sited, and what…
In brief Gespa, Switzerland’s gambling authority, filed a formal criminal complaint against FIFA’s NFT collectibles platform. The regulator pointed to the site’s random draws and right-to-buy offerings, which it likened to sports betting and lotteries. FIFA Collect is the soccer governing body’s collectibles platform, which now runs on an Avalanche L1. Gespa, the lottery and…
In brief Gespa, Switzerland’s gambling authority, is reportedly operating a preliminary probe into FIFA’s right-to-buy ticketing feature. The right-to-buy collectibles provide the option to purchase physical tickets to World Cup games from a select pool of set-aside tickets for FIFA Collect users. FIFA Collect is the soccer governing body’s official digital collectibles platform, now operating…
In brief Grayscale has added staking functionality to its two spot Ethereum ETFs in the United States. It also added staking to its Solana Trust, which has yet to be approved for an ETF conversion. Investors will be able to earn ETH staking rewards from the exchange-traded products. U.S. investors in exchange-traded funds tracking Ethereum’s…
September 26, 2025 | Asset Listings We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD1 (USD1) on Tron! Funding USD1 funding via Tron is already live. You can transfer USD1 to your Kraken account by navigating to Funding, selecting USD1 and choosing the desired deposit method (network) from the drop-down box,…
In brief Integrity Chain, built by BayaniChain, logs DPWH contracts and milestones as digital assets validated by independent civic groups. The launch follows protests on September 21, during which 130,000 people demanded accountability over $33 billion in alleged infrastructure corruption. The project aims to rebuild trust using cryptography and open validation systems. The Philippines has…
In brief FalconX executed the first forward rate agreements benchmarked to the Treehouse Ethereum Staking Rate. The products allow institutions to manage exposure to volatile staking yields, though they aren’t available to U.S. clients. The launch follows record demand for Ethereum staking, with validator queues hitting two-year highs. San Mateo, California-headquartered FalconX said Thursday it…
In brief Arc is a blockchain built by USDC issuer Circle for stablecoin-focused applications. It uses USDC for gas, features a built-in FX engine, and enables opt-in privacy. Public testnet is expected later this year, with a mainnet beta planned for 2026. Circle, the company behind the USDC stablecoin, has launched a new blockchain platform…
In brief Mainnet activation is set for December 3, with testnets starting in October. Recent testing suggested raising blob capacity in phases. Further tests will confirm those numbers before rollout. Ethereum developers have set Dec. 3, 2025, as the mainnet activation date for the Fusaka upgrade, nudging forward a timeline that had been expected to…
