Everything web3, crypto, defi, degen
In brief Bitcoin and Ethereum are close to breaking new records. As the two flagship digital coins rise, altcoins like Solana and Dogecoin have posted larger daily gains. Ethereum is now up 29% on the week, outpacing all other major coins. Dogecoin and Solana were soaring Wednesday just as Bitcoin edged towards a new all-time…
In brief Standard Chartered has massively raised its Ethereum forecast to $7,500 by 2025, $12,000 in 2026, $18,000 in 2027, and $25,000 in 2028 and 2029, up from just $4,000 for 2025 in March. The bank points to heavy institutional buying, the GENIUS Act’s boost for stablecoins, etc, as key growth drivers. ETH is trading…
In brief Binance chief security officer, Jimmy Su, told Decrypt that North Korean attackers are the single biggest threat to crypto companies. He said that the centralized exchange throws away suspicious resumes every single day, and sometimes catches the malicious actor red handed during a video call. That’s not all, North Korean attackers also poison…
In brief AI companions via Replika and ChatGPT-4o are fueling a billion-dollar intimacy industry. Studies show AI partners can ease loneliness, but experts warn of social and emotional costs. Experts say the trend raises questions about love, connection, and the role of technology in relationships. When Reddit user Leuvaade_n announced she’d accepted her boyfriend’s marriage…
In brief FTX investors have filed a lawsuit against Silicon Valley law firm Fenwick & West, accusing it of being “deeply intertwined” in the crypto exchange’s collapse. Of 130 firms that worked with FTX named in multidistrict litigation, Fenwick & West is the only one accused of having actual knowledge of FTX’s scheme and providing…
In brief Stripe is reportedly building a payments-focused Layer 1 blockchain called Tempo with VC firm Paradigm. The stealth project was revealed via a job listing on the Blockchain Association’s careers board. Analysts say Tempo could offer predictable fees and performance, but success may hinge on privacy and openness. Stripe, a private financial technology firm…
In brief Bitcoin’s weekend rally stalled Monday as traders booked profits. Experts suggest a potential drawdown if Tuesday’s U.S. CPI print comes in hotter than expected. Bitcoin options data shows traders are hedging for downside risk with puts. Bitcoin’s surprise weekend rally hit a wall Monday with a move that undid more than half of…
In brief Kaia registered four KRW-related trademarks earlier this month; Kakao and Kakao Pay sit on its governance council. Competing bills and an administration framework would set rules on licensing, reserves, equity requirements, interest treatment, and banks’ roles. Foreign exchange controls and planned reporting for cross-border crypto flows could limit early use cases, relative to…
In brief GPT-5 is fast, accurate, and cost-effective at code generation, beating most rivals in logic and technical tasks. However, with its relatively small context window, it’s weak in creative and right-brain output. It’s still a work in progress and will likely get better as OpenAI iterates with updates. OpenAI finally dropped GPT-5 last week,…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
