Everything web3, crypto, defi, degen
In brief Digital asset treasury company Safety Shot Inc., is set to rebrand itself to Bonk, Inc. on Friday. The firm says its part of a crucial shift into the “digital asset space” as it looks to “evolve” its plans and “sell off any unnecessary assets.” Its stock is up 37.65% over the past 5…
In brief The Ethereum Foundation has launched a new privacy team, with over 28 members in different fields The news comes ahead of the Foundation launching a privacy-centric wallet SDK, Kohaku. Interest in privacy-focused coins like Zcash has risen in recent weeks. The Ethereum Foundation is launching a new privacy cluster, as part of plans…
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 chop on the day, Bitcoin holds at $123,000 ZCash soars 35% leading all crypto movers; RAIL jumps 100% Jack Dorsey’s…
In brief Realized profits have fallen 50% since July, signaling restrained selling pressure. Long-term holders’ profit margins remain well below overheated cycle levels. Derivatives traders are clustering around $120,000 call options, reinforcing bullish sentiment. Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built…
In brief Zcash has surged over 140% in two weeks, hitting its highest level since 2021. Nearly $2 million in short positions were liquidated as the token climbed to $170. Analysts cite Grayscale access and endorsements from Naval Ravikant as key drivers. The token belonging to privacy blockchain Zcash has more than tripled in value…
In brief The Roughrider Coin is scheduled to launch in 2026. The stablecoin is built on the FIUSD platform and backed by U.S. dollars. The announcement follows Wyoming’s Frontier Stable Token debut in August. The Bank of North Dakota and financial technology firm Fiserv announced Wednesday that they will launch Roughrider Coin, a U.S. dollar-backed…
In brief MetaMask users can trade derivatives using Hyperliquid’s infrastructure. The self-custodial wallet plans to add support for Polymarket. MetaMask users can earn rewards, including Linea’s native token. Popular crypto wallet MetaMask unveiled native support for Hyperliquid on Wednesday, allowing users to more easily speculate on the price of various cryptocurrencies through the up-and-coming decentralized…
In brief YZi Labs, formerly known as Binance Labs, is kickstarting a $1 billion builders fund for those looking to develop long-term on BNB Chain. The fund will support builders in areas like trading, real-world assets, artificial intelligence, DeSCI, and DeFi. The firm is merging its EASY Residency program with BNB Chain’s incubator “MVB” to…
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 fall after recent rally; BTC at $123,000 Gold makes new ATH at $4,070 up 50% on year Monad’s MON token…
In brief The crypto market’s pullback Wednesday morning triggered $635 million in liquidations over the past 24 hours. The short-term pressure was the result of profit-taking, gold’s rebound, and a stronger dollar, analysts told Decrypt. Analysts view this drop as a healthy correction, with a target of $132,000 to $135,000 if key support holds. Bitcoin…
