Everything web3, crypto, defi, degen
The MegaETH interview (w/ Bread)Crypto bounces as BTC dominance rises to 60%. The SEC and CFTC aim for crypto regulation by the end of 2025. Democrats and crypto executives meet to discuss a crypto bill. Over 150 crypto ETF filings await review. HYPE leads altcoins after its co-founder appeared on TBPN. Hyperliquid Strategies plans to…
In brief 60% of Australians still say they don’t trust crypto, up from 57% in 2024. Labor’s reform package spans exchange licensing, stablecoin oversight, and payments modernization. Swyftx projects millions of new investors once regulation is finalized. Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious…
In brief Leading crypto executives met with Senate Democrats and Republicans on Wednesday, in sit-downs that exposed divisions over the path forward to passing a crypto market structure bill. Democrats were frustrated about numerous issues, including recent leaks of proposed bill language, while Republicans warned that if the bill doesn’t move forward soon, it could…
In brief Developer activity is rising again after a post-FTX slump, led by Ethereum, Solana, and zero-knowledge projects. Stablecoin transactions now top $9 trillion annually, showing steady real-world use. Andreessen Horowitz says U.S. regulation is “finally normalizing,” but warns volatility and fraud still threaten progress. The cryptocurrency industry is no longer a niche experiment, but…
In brief U.S. Senator Cynthia Lummis (R-WY) has urged the Consumer Financial Protection Bureau to finalize its open banking rule, warning that banks have restricted access to industries they oppose, including digital assets. The rule, finalized on October 22, 2024, allows consumers to share financial data with third-party apps via APIs, critical infrastructure for connecting…
In brief OCC Chief Jonathan Gould said any material deposit impact from stablecoins “would not happen in unnoticed fashion” and “would not happen overnight” at the ABA convention on October 19. His reassurances come as the American Bankers Association and over 50 state banking groups demand Congress close “loopholes” allowing third parties to offer yield…
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…
By Arjun Sethi, Kraken co-CEO The illusion of liquidity It happened in September 2019 when overnight repo rates spiked to 10%. It happened in March 2020 when Treasury markets seized and the world’s benchmark “risk free” asset had no bid. It happened again in March 2023 when regional banks failed and the Fed had to…
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 Japan plans to ban insider trading in cryptocurrencies under the Financial Instruments and Exchange Act. The move empowers its financial regulators to investigate and penalize illicit trades, extending securities-style oversight to digital assets. Policy experts say Japan’s clarity could trigger “competitive convergence,” pushing other major markets to align on crypto regulation. Japan is…
