Everything web3, crypto, defi, degen
In brief The family of former OpenAI researcher Suchir Balaji is disputing San Francisco’s conclusion that his 2024 death was a suicide. Supporters have raised over $140,000 in crypto and launched a Solana-based meme coin to fund the family’s legal case. Balaji had been an outspoken critic of OpenAI’s data practices and a prominent voice…
In brief Jeff Bezos’ Blue Origin is accepting cryptocurrency payments for flights to space. Crypto holders can use Bitcoin, Ethereum, and Solana to snag their seat on the firm’s New Shepard spacecraft. Crypto payments are facilitated by global payments firm, Shift4. Amazon founder Jeff Bezos’ rocket and space exploration firm Blue Origin is now accepting…
In brief Healthy beverage company Safety Shot Inc. is pivoting to become a crypto treasury firm, receiving $25 million in BONK on Monday. Pseudonymous core contributor Nom is set to join the Safety Shot team in a strategic position, and says it is targeting up to 5% of the meme coin’s total supply. At current…
In brief Pump.fun has regained popularity on Solana at LetsBonk’s expense, and its token is surging again. Meme coin traders have flocked to competitors in recent weeks. Pump.fun unveiled the Glass Full Foundation last week, which helps support tokens with liquidity. Pump.fun’s token surged on Monday as the meme coin launchpad clawed back market share…
In brief Zora token surged 43% in 24 hours, gaining 129% weekly and 1,566% monthly following strong platform adoption. The Ethereum Layer-2 platform rewards creators for content sharing and was added to Base App in July for easier access. Recent surge driven by spike in coin creation activity (47,000 new tokens Sunday) and new Binance…
In brief Ethereum’s recent surge, driven by institutional ETF inflows, has sparked increased market confidence in potential altcoin season. Top altcoins like Solana, Dogecoin, XRP and meme coins are likely to see an increased speculative activity. Analysts believe this phase could last until November Ethereum-betas could catch a headwind due to the cautiously optimistic due…
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 sell off after big overnight pump; BTC at $120,500 ETH soars to $4,350 in big weekend run; Punks hit $235k…
In brief The ASX has reportedly queried DigitalX over director Ieva Guoga’s share purchases and dealings with major shareholder Antanas “Tony G” Guoga ahead of a Solana acquisition announcement. The ASX-listed crypto investment manager says the trades complied with its securities trading policy and listing rules, though it will tighten processes. The company also unveiled…
In brief Coinbase is raising $2 billion in convertible notes for acquisitions and general corporate purposes amid analyst concerns over Q2’s 25% revenue drop. Two Seas Capital, Core Scientific’s largest shareholder with 6.3% stake, opposes the $9 billion all-stock sale to CoreWeave as “inadequate valuation.” Block Inc. added 108 Bitcoin to its corporate treasury in…
In brief Bitcoin’s dominance fell to 57.8% of the crypto market. XRP and Dogecoin led gains among altcoins. Altcoin season could happen, but it probably won’t hit the same way, according to Hashdex’s Gerry O’Shea. XRP and Dogecoin led altcoins higher on Friday as Bitcoin’s dominance fell to a 12-day low.The Ripple-linked token was recently…
