Everything web3, crypto, defi, degen
In brief Paxos mistakenly minted 300 trillion PYUSD tokens last week before burning them 24 minutes later in what the company on Wednesday called an “internal technical error” that never left its systems. The Paxos co-founder said “the mistake was entirely ours” and blamed rarely-used manual operational processes designed for “very secure cold minting processes”…
In brief Google’s Willow chip achieved a verified quantum speed-up confirmed by experiment. Verified results mark a step toward fault-tolerant quantum systems with real-world impact. Experts warn that such progress could eventually threaten Bitcoin’s elliptic-curve encryption. Google’s latest quantum processor has achieved what physicists have pursued for decades: a verified speed-up over the world’s best…
In brief The Ethereum Foundation moved $610 million worth of ETH to a new wallet on Wednesday. The “routine” migration was to a new multi-signature wallet from Safe. The Foundation is deploying more of its funds into DeFi protocols to support community development. The Ethereum Foundation moved more than 160,000 ETH—valued at approximately $610 million…
October 22, 2025 | Asset Listings We’re thrilled to announce that VFY is available for trading on Kraken! Funding and trading VFY trading is live as of October 22, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
Throughout the quarter, Kraken accelerated that momentum – introducing new product categories, enhancing client experiences and expanding platform-wide capabilities to strengthen our full product suite. Our results demonstrate the scalability of our multi-product platform and the resilience of our model in a fast-changing market. By pairing innovation with discipline, we continue to lay the foundation…
In brief OpenAI launched ChatGPT Atlas, a native AI browser that merges chat, browsing, and automation to challenge Google’s dominance. The move escalates competition in the AI space, shifting the fight from search engines and chatbots to the browser itself. Google is expected to respond with Gemini 3, embedding multimodal reasoning into Chrome to defend…
In brief Solana Saga devices are no longer receiving software updates and security patches. The product’s support lifecycle lasted just more than two years, far less than devices from Apple and Google. Solana Mobile’s focus has shifted to the Seeker, its second-gen mobile phone that will eventually get an ecosystem token. Solana Mobile is discontinuing…
In brief Veteran Ethereum Core Developer Péter Szilágyi has argued that Vitalik Buterin has effective control over the non-profit Ethereum Foundation. He claimed that a small number of people are dominating new investment and advisory roles. The CEO and founder of the Polygon Foundation also critiqued the Ethereum Foundation’s governance. Longtime Ethereum Core Developer Péter…
In brief Google Threat Intelligence Group researchers have uncovered North Korean hackers using EtherHiding malware. EtherHiding enables stealthy, untraceable malware delivery through smart contracts. The regime’s hackers have stolen over $2 billion so far in 2025 alone, most from the Bybit exchange breach. Google’s Threat Intelligence Group has warned that North Korea is using EtherHiding—a…
In brief BlackRock’s iShares Bitcoin ETP is now available to UK retail investors on the London Stock Exchange, backed by bitcoin held through Coinbase custody. BlackRock’s U.S. Bitcoin ETF became the firm’s most profitable fund in just 21 months, though it fell short of the $100 billion milestone amid last week’s market crash. BlackRock CEO…
