Everything web3, crypto, defi, degen
In brief OpenAI’s cryptic teaser shows the sign “GPT-4o” morphing into what seems to be “GPT-5.” CEO Sam Altman has been fueling the hype with memes and no-so-accidental screenshots featuring the model. Github leaks point to different GPT-5 variants touting agentic-like logic and unified architecture, with leaks benchmarks showing outstanding scores OpenAI dropped a teaser…
In brief CTM360 identified a “ClickTok” campaign using over 10,000 fake domains that mimic TikTok Shop to steal user credentials and distribute malware through phishing pages and trojanized apps. Scammers deploy fake Meta ads and AI-generated TikTok videos mimicking influencers to direct victims to fraudulent storefronts offering heavily discounted products paid for with cryptocurrency. The…
In brief U.S. President Donald Trump’s sweeping tariffs have revived global trade tensions, with potential knock-on effects for crypto markets. Analysts argued that rising costs and macro uncertainty could pressure mining operations and influence rate cuts. Crypto has held steady so far, but deeper disruptions could test market resilience, Decrypt was told. U.S. President Donald…
In brief Spot Bitcoin ETFs saw inflows of $91.6 million on Wednesday. Analysts suggested that expectations of a rate cut are the main driver of recent ETF inflows. The short-term outlook remains steady, but experts exercise caution. Bitcoin ETFs ended a four-day streak of outflows Wednesday, pulling in $91.6 million according to data from Farside…
In brief Marex is the first clearing firm to use JPMorgan’s Kinexys blockchain platform for client settlements, the companies said Wednesday. The partnership with Brevan Howard Digital enables 24/7 payments using blockchain-based deposit accounts. The move signals growing institutional interest in programmable, real-time settlement infrastructure. Financial services firm Marex has become the “first clearing firm”…
In brief Bitcoin is up around 1.3% in the last 24 hours, reclaiming $115,000 while Ethereum has jumped 2.8% and is above $3,600. ETH ETFs regained inflows on Tuesday despite Bitcoin ETFs posting another day of outflows. Analysts seem unfazed by the market movement, noting that dips are expected in bull markets. Crypto markets rebounded…
In brief Ethereum daily transactions reached 1.87 million, approaching the all-time high of 1.96 million set in January 2024. The surge has been driven primarily by increased activity from stablecoins USDC, Tether, and decentralized exchange Uniswap. Market analysts attribute the surge to regulatory developments like the GENIUS Act passage, multiple ETF approvals bringing traditional market…
In brief Binance founder Changpeng Zhao has filed to dismiss a $1.8 billion lawsuit brought by the FTX bankruptcy estate. The case concerns a 2021 equity buyback FTX arranged with Binance, allegedly using misappropriated funds. Zhao argues he was improperly served and is not subject to Delaware jurisdiction. The founder and former CEO of crypto…
In brief Amanda Fischer, ex-Chief of Staff to SEC Chair Gary Gensler, compared liquid staking to the risky rehypothecation practices that helped sink Lehman Brothers. Crypto lawyers and founders say Fischer overstates the SEC’s stance, which narrowly applies to passive, non-leveraged staking setups. Figures from VanEck, Solana’s Helius Labs, and Magic Eden called Fischer’s claims…
In brief Bitcoin and Ethereum ETFs have experienced $1.9 billion in net outflows over a three-day period. Despite the outflows, analysts are unfazed and see potential inflow catalysts in the near future. Bitcoin and Ethereum have dropped 3.6% and 5.2% respectively over the course of the last week. Bitcoin and Ethereum exchange-traded funds have experienced…
