Everything web3, crypto, defi, degen
In brief Neobank Revolut has secured a Markets in Crypto-Assets (MiCA) license in Cyprus. The license enables Revolut to provide and market crypto-asset services across all 30 markets in the EEA under MiCA legislation The move opens a path for Revolut to issue its own stablecoin, with the company having been in conversation with at…
U.S. President Donald Trump has pardoned Binance founder Changpeng Zhao, the White House confirmed to Decrypt on Thursday, marking the latest clemency for the digital asset industry from the crypto-friendly administration.Zhao, also known as “CZ,” resigned his position as Binance’s CEO in 2023 as part of a plea bargain that sent him to jail for four months in…
In brief Indian crypto exchange WazirX will resume operations on October 24 with zero trading fees across all markets. Trading and withdrawals will resume the same day, with full functionality by Monday. The platform has partnered with BitGo for institutional-grade custody solutions. Indian crypto exchange WazirX will restart operations on October 24 with zero trading…
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 FalconX has agreed to acquire 21Shares, one of the largest crypto exchange-traded product providers, though terms of the deal remain undisclosed. The companies said the deal will combine their infrastructure and product capabilities across the U.S., Europe, and Asia. 21Shares will remain independently managed under FalconX, with CEO Russell Barlow continuing in his…
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 Europol has taken down a cybercrime network that provided SIM cards to fraudsters in over 80 countries. Criminal activity facilitated by the network resulted in losses above $5 million in Austria, while authorities seized $330,000 in crypto from alleged network members. Europol’s action comes as crypto increasingly features in international crime, and as…
In brief House of Doge, the Dogecoin Foundation’s commercial arm, acquired a controlling stake in U.S. Triestina Calcio 1918. The soccer club plays in Serie C, the third-highest league of Italian professional soccer. As part of the announcement, it added Toronto Blue Jays Vice Chairman Roger Rai to its advisory board to help with sports…
In brief AI models Grok, DeepSeek, and Claude are up big in a live, real-money crypto trading showdown. Google’s Gemini 2.5 Pro is the biggest loser of the bunch, underscoring reliability and transparency risks. The results deepen the divide between data-specialized and general-purpose AI approaches to finance. In early innings, Elon Musk’s Grok, DeepSeek, and…
By Arjun Sethi, Kraken co-CEO The illusion of liquidity It happened in September 2019 when overnight repo rates spiked to 10%. It happened in March 2020 when Treasury markets seized and the world’s benchmark “risk free” asset had no bid. It happened again in March 2023 when regional banks failed and the Fed had to…
