Everything web3, crypto, defi, degen
In brief Neobank Revolut has secured a Markets in Crypto-Assets (MiCA) license in Cyprus. The license enables Revolut to provide and market crypto-asset services across all 30 markets in the EEA under MiCA legislation The move opens a path for Revolut to issue its own stablecoin, with the company having been in conversation with at…
In brief Coinbase says U.S. AML laws are “broken” and wants Treasury to adopt AI, APIs, and zero-knowledge proofs to modernize compliance. The exchange proposes safe harbors for AI use and recognition of decentralized IDs to reduce costly, privacy-risky KYC duplication. Coin Center warns traditional AML on stablecoins could create a “CBDC-style panopticon” as Treasury…
In brief World Liberty Financial is an Ethereum-based DeFi project co-founded by U.S. President Donald Trump and his sons. The platform, which aims to “keep the dollar digital” and provide “loans for institutions and everyday users,” has launched a stablecoin called USD1. The Trump family’s involvement in World Liberty Financial and other crypto projects has…
In brief Mt. Gox’s 2011 hack caused Bitcoin’s worst crash ever, plummeting 99.9% after hackers dumped stolen BTC for pennies. Major crashes stemmed from China bans, COVID-19 panic, and crypto platform collapses like Celsius and FTX. Trump’s October 2025 China tariff threat triggered a 13% drop and $19 billion in liquidated positions—but didn’t make the…
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market…
In brief Five men aged between 21 and 37 were arrested on Oct. 1 on suspicion of conspiracy to commit fraud. Police say victims may have lost more than a million pounds (£1 million / approx. $1.3 million) through the fake cryptocurrency schemes. The suspects have been bailed pending further enquiries as the investigation continues.…
In brief Visa reports stablecoins have originated $670 billion in lending over five years, with average loan sizes rising from $76,000 to $121,000. USDC and USDT dominate stablecoin lending, mirroring their share of the $307 billion total stablecoin market. The IMF warns that stablecoin growth could lead to excessive risk-taking and financial system vulnerabilities. Payments…
In brief The channel was briefly compromised late Wednesday, promoting a Solana-based token. An hour later, the PGL YouTube channel, run by the Romanian esports organizer behind Valve-sanctioned tournaments, was also reportedly hijacked to stream a fake Bitcoin giveaway. Decrypt independently verified screenshots of the compromised Dota 2 channel before the content was removed. The…
In brief More than 300 malicious code packages were uploaded to npm in what researchers call the “Contagious Interview” campaign. The fake job-recruitment lures targeted Web3 and crypto developers, stealing credentials and wallet keys. Security experts warn that software supply-chain attacks are becoming a preferred tool of state actors. A U.S. cybersecurity firm says North…
In brief Bitcoin and Ethereum have stabilized after recent volatility, with BTC trading above $112,000 and ETH near $4,100. The two-week U.S. government shutdown has delayed key economic data releases, including the September CPI report now rescheduled for October 24. Despite data delays, Fed Chair Powell indicated the committee still has enough information to proceed…
