Everything web3, crypto, defi, degen
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…
In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…
In brief Kanye West said Tuesday that his Instagram was hacked to promote a fake YZY token. The unofficial token briefly spiked to a $7 million market cap before crashing down to around $160K. Kanye’s real token has fallen 81% from its all-time high and trades around a $73 million market cap. Kanye West’s official…
In brief Official Instagram accounts for Michael Jackson, Adele, and Future were apparently hijacked to promote a meme coin. The token, named after a clothing brand and record label attached to Future, reached a near $900K market cap before plummeting. The scammer made off with around $49,000 after dumping the majority of the tokens. The…
In brief Ye, formerly Kanye West, launched an official meme coin on Tuesday, prompting other tokens that some investors believed were tied to the musician to crash and burn. Yeezy Coin and Swasticoin were launched approximately six months ago, with members of both communities believing they were part of a performance art piece or an…
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 dip 3-6% overnight; BTC holds at $115,000 Gemini files to go public with ticker GEMI, timing TBD BTCS becomes first…
In brief Former Pump.fun employee Jarett Dunn has pleaded guilty to fraud by abuse of position, as well as transfer of criminal property. The former senior developer drained an estimated $2 million worth of Solana from the popular meme coin launchpad. He now awaits sentencing from behind bars, after breaking bail conditions two months ago.…
In brief Top markets on Myriad this week include predictions on the price of ETH, XRP, and SOL. ETH is charging ahead, but couldn’t push through to a new all-time high before retracing. Yet, predictors think $5K is no trouble in 2025. Predictors are split though about SOL’s chances of creating a new all-time high…
In brief Pump.fun is back to being the dominant token launchpad on Solana, following a month with LetsBonk on top. It comes following the formation of its Glass Full Foundation and an apparent social media strategy shift. As a result, Pump.fun tokens have risen 8% on the day, with Fartcoin leading the way up 15%.…
In brief Solana meme coins as an asset class have dropped more than 8% on the day. Expert say that investors are looking to purchase “quality-focused” assets, such as Ethereum and other altcoins. ETH has posted impressive gains this month, up 47.5%, as institutional interest in the asset spikes. Solana meme coins are one of…
