Everything web3, crypto, defi, degen
In brief Bitcoin dropped below $104K Tuesday morning, down 17.5% from its peak, amid a broad market sell-off. A DeFi crisis with $284 million in bad debt and macro fears is influencing the investors’ risk-off move, according to analysts. The leverage flush could reset the market for a more sustainable recovery, analysts told Decrypt. The…
In brief Stray dogs in the Chernobyl Exclusion Zone have been photographed with vivid blue fur—alive and seemingly healthy.  Caretakers suggest the most likely cause is chemical exposure, such as a leaking portable toilet, not radiation-induced mutation.  The incident draws attention to long-term environmental risks in zones of industrial or nuclear contamination and…
In brief Electronic Arts entered a strategic partnership with Stability AI to help power game development. Krafton also said this week that it’s becoming an “AI-first” company and using AI to transform its workflows. Generative AI is being widely adopted across the video game industry, despite concerns from players and developers. Two gaming industry giants…
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 A major outage at Amazon Web Services continued to disrupt key crypto platforms on Monday afternoon, including Coinbase, Base, and OpenSea, with issues hitting East Coast users especially hard. The downtime even impacted decentralized apps like MetaMask, which use third-party, AWS-dependent services to fetch blockchain data for users. While the disruptions highlighted crypto’s…
In brief Tesla CEO Elon Musk praised Bitcoin’s energy-based foundation on Tuesday, suggesting its value comes from the impossibility of faking energy, unlike fiat currency which governments can debase. This marks a shift from 2021 when Musk criticized Bitcoin’s electricity consumption as “insane,” and Tesla stopped accepting BTC payments over environmental concerns. Tesla currently holds…
In brief Bitcoin volatility has risen since the government shutdown began, though it remains below March’s tariff-driven peak. The U.S. deficit has reached $1.973 trillion, $76 billion higher than last year, raising concerns about fiscal sustainability. Bitcoin has lagged behind stocks, gold, and silver recently, but analysts expect crypto markets to remain supported if ETF…
In brief Bitcoin dipped below $121,400 while the S&P 500, Nasdaq, gold, and silver all hit record highs. BTC has underperformed stocks and precious metals for two months, with gold up 53% versus Bitcoin’s 29% gain in 2025. Fed Chair Powell’s brief remarks offered no economic guidance, leaving traders uncertain about upcoming monetary policy decisions.…
More markets, more control This October, your futures trading experience is getting a major upgrade. Kraken now supports CME futures contracts – from equity indices to energy, metals, FX and more. With professional-grade order tools, ultra-competitive 0.5 bps fees and free live market data for funded non-professional clients, trading futures has never been easier. Why…
In brief XRP surged above $3 today after weeks of sideways actions and bearish sentiment. Prediction market users on Myriad say there’s a 55% chance XRP hits $4 before dumping back to $2. The charts suggest caution. Here’s why. After weeks of sideways chop, XRP—the cryptocurrency created by the founders of Ripple—is making another run…
