Everything web3, crypto, defi, degen
In brief MrBeast filed a trademark for MrBeast Financial, a planned app offering crypto exchange, payment processing, banking, and insurance services. The YouTuber would need FinCEN registration, state money transmitter licenses, and SEC/CFTC approval to launch such a platform—none filed yet. This joins 52 trademarks owned by his company, though not all have become actual…
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 Ripple has bought corporate treasury management firm GTreasury for $1 billion. It’s Ripple’s third major acquisition this year after buying primer brokerage Hidden Road and stablecoin platform Rail. Ripple CEO Brad Garlinghouse said the deal would reduce friction and costs of “outdated payments systems.” Fintech Ripple announced Thursday that it bought software firm…
In brief OwlTing announced Tuesday it will begin trading on the Nasdaq on Thursday. The company chose a direct listing to emphasize transparency and avoid shareholder dilution. The move follows heightened global regulatory focus and growing institutional interest in stablecoins. Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday,…
In brief Bridge, Stripe’s stablecoin arm, has applied to the OCC to form a national trust bank under the GENIUS Act. The charter would place its stablecoin issuance and reserves under a unified federal framework. Bridge joins Circle, Paxos, Ripple, and Coinbase in seeking federal trust bank approval. Bridge, the stablecoin infrastructure arm of Stripe,…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors fall as China trade war rhetoric escalates; BTC at $111k Citi says it will custody crypto in 2026, evaluating a…
In brief Bitcoin tested the key support level of $112,500 Tuesday morning, as ETF flows reversed with $326M in outflows. Analysts warned that a break of support could send Bitcoin down toward $103,500. Ongoing U.S.-China trade tensions are compounding market fragility and fear. The cryptocurrency market is facing a broad pullback, with Bitcoin testing a…
In brief Ripple is teaming with blockchain security firm Immunefi to host an “attackathon” for the XRP Ledger lending protocol. If one serious bug is found, a full $200,000 will be provided to participants. The protocol aims to eventually offer fixed-term, uncollateralized loans on the XRP Ledger. Ripple is offering up to $200,000 to users…
In brief Myriad prediction market users currently favor bullish moves for both Bitcoin and XRP. Bitcoin hit a new all-time high over the weekend, and XRP last hit a record price in July. The charts currently lean bearish, but sentiment undoubtedly favors the “moon” scenarios. As “Uptober” nears the midway point, crypto traders are positioning…
In brief Rebecca Slaughter, a Democratic FTC commissioner fired by the Trump administration, is suing over her dismissal in a case that could effectively end the independence of federal regulators. Her husband, a crypto lobbyist at Paradigm, is working to pass a crypto bill that could see its chance of passage dwindle if the Supreme…
