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 Market makers Wintermute and LO:TECH momentarily stopped trading amid last week’s $19 billion liquidation cascade. The pause came because their predefined trading rules were broken and they were forced to regroup, the market makers said. Wintermute told Decrypt that if the firm can “make markets in a safe, delta neutral way,” it will—but…
In brief Binance has received regulatory approval to take majority control of GOPAX after prolonged scrutiny. GOPAX says the move marks progress toward resolving GOFi repayments tied to Genesis Global Capital. Analysts say the decision reconciles with regulators but does not mean immediate disruption in a crypto market still dominated by Upbit and Bithumb. South…
In brief The Financial Stability Board’s review of nearly 40 jurisdictions found “significant gaps and inconsistencies” in crypto regulations that threaten financial stability. A separate European Banking Authority report revealed crypto firms engaging in regulatory “forum shopping” across EU member states. Cross-border cooperation remains “fragmented, inconsistent, and insufficient,” with authorities struggling to share information due…
In brief Burke revealed Australia’s crypto ATM count has exploded from 23 machines six years ago to over 2,000 today, with 85% of top user transactions linked to scams or money mules. The proposed legislation would grant AUSTRAC the authority to restrict or prohibit “high-risk products,” with crypto ATMs specifically targeted. The move follows months…
In brief The Gemma-based model generated and validated a new cancer-therapy hypothesis in human cell experiments. It identified silmitasertib as a conditional amplifier that boosts immune visibility of tumors. The result hints that scaled biological AI models can invent—not just optimize—new scientific ideas. Google DeepMind said Wednesday that its latest biological artificial-intelligence system has generated…
In brief Coinbase added Binance’s BNB token to its listing roadmap on Wednesday. BNB is the fourth-largest digital asset by market capitalization. Coinbase delisted the Binance-branded BUSD stablecoin amid regulatory scrutiny in 2023. Coinbase added BNB to its listing roadmap on Wednesday, signaling support for the cryptocurrency issued by its biggest competitor, Binance.Offered to the…
In brief Reform UK has reportedly received a donation in cryptocurrency, the UK’s first ever to a political party. Donations must be referred to the electoral regulator if they exceed £11,180 ($14,905). Commentators warn that crypto-based donations may increase the risk of anonymous and illicit campaign contributions. The UK’s Electoral Commission is planning to update…
In brief New York City Mayor Eric Adams signed an executive order to establish the Office of Digital Assets and Blockchain Technology. Moises Rendon, who has served in the NYC Office of Innovation and Technology since 2024, will lead the new office. Adams will leave office in January, after ending his reelection campaign in late…
