Everything web3, crypto, defi, degen
In brief Vitalik Buterin, the co-founder of Ethereum, is a billionaire following ETH’s 20% weekly rise. Wallets connected to Buterin hold $1.045 billion worth of assets, mostly Ethereum. ETH’s recent surge has seen it pass several traditional companies in market capitalization, including defence contractor Palantir. Ethereum co-founder Vitalik Buterin is an “on-chain billionaire” again, as…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
In brief Ethereum ETFs led digital asset funds with $268 million in weekly inflows, narrowly outpacing Bitcoin’s $260 million despite early-week volatility, according to CoinShares. The turnaround came after $1 billion in combined outflows early in the week, triggered by weak U.S. payroll data, before a $1.57 billion surge following 401(k) crypto approval. Ethereum’s year-to-date…
In brief BitMine’s Ethereum holdings are worth nearly $5 billion The firm owns roughly 1% of Ethereum’s circulating supply BitMine teased U.S.-made validator network in a shareholder presentation. BitMine Immersion Technologies’ Ethereum holdings were valued at nearly $5 billion on Monday, as the treasury firm said that it now owns 1% of the asset’s circulating…
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 BNB Network Company spent $160 million from its $500 million treasury plan to buy 200,000 BNB, becoming the largest corporate holder of the token. The move is part of a shift toward BNB Chain’s ecosystem, which the company says has 250 million users but little U.S. institutional exposure. Executives and analysts are split…
In brief Bo Hines will step down as head of the White House Crypto Council, ending his tenure as the administration’s top digital-assets adviser. Deputy Director Patrick Witt is reportedly in line to succeed him, though the White House has yet to confirm a replacement. Hines played a key role in shaping stablecoin oversight and…
In brief A weaker U.S. dollar and firmer expectations of a near-term Federal Reserve cut are supporting risk assets. Recent U.S. guidance on liquid staking and stablecoins, together with directives opening retirement plans to crypto and curbing de-banking, reduces regulatory overhangs. ETF sponsorship and growing corporate treasuries continue to add demand while coins migrate off…
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…
