Everything web3, crypto, defi, degen
Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws to crypto businesses in an effort to bolster consumer protections and provide clarity for the industry.Assistant Treasurer Daniel Mulino announced the reforms on Wednesday at the Digital Economy Council of Australia’s Global Digital Asset Regulatory Summit. He described…
In brief Aster is the flavor of the week for crypto degens, up a staggering 2,180% in just seven days. The Aster token today surged another 19% to $2.35, breaking above key resistance levels with strong volume. How high will Aster go? Technical indicators and prediction market data show mixed signals. After a choppy start…
In brief JD Vance posted a heavily edited photo of him on X, leading to a Solana meme coin to skyrocket 65% in an hour. The token and broader meme spawned after the U.S. Vice President told Ukrainian President Zelenskyy that he needed to thank America for help in the fight against Russia. His reposting…
In brief Binance Chain has overtaken Hyperliquid in 24-hour perpetual volume, helped along by new DEX Aster. The surge in investor interest surrounding BSC DEXs is not a phase and is likely to persist, experts told Decrypt. Binance Chain validators have proposed a tenfold reduction in gas fees in a bid to improve the DEX…
In brief Former California Assembly majority leader Ian Calderon has vowed to put Bitcoin on California’s balance sheet and back crypto payments for state programs as part of his bid for governor. Calderon previously pushed blockchain policy through AB 2658 and worked with the Satoshi Action Fund. Current bills, AB 1180 and AB 1052, stop…
In brief Kraken co-CEO Arjun Sethi announced $1 million donation to the Digital Freedom Fund PAC and increased the commitment to America First Digital to $1 million. Arjun Sethi said crypto embodies “the right to self-determination” and warned of “attempts to criminalize infrastructure.” Winklevoss twins previously donated over $21 million in Bitcoin to launch the…
In brief Researchers built a “Swarm Oracle” of robots that collectively agreed on sensor data under adversarial attacks. The system uses a reputation token model to penalize faulty robots and reward accurate ones, enabling self-healing over time. Potential applications include disaster insurance, climate monitoring, and DePIN networks, though scalability remains a challenge. A swarm of…
In brief The crypto market continues to struggle today, extending yesterday’s losses. Bitcoin has dropped below $112,000, with the market flashing bearish signals. Meanwhile, there’s one coin in the top 10 currently defying trends and turning heads: BNB. The crypto market, including Bitcoin, is today still dealing with the effects of yesterday’s massive liquidation cascade,…
In brief Bitcoin futures open interest dropped $1.25 billion to $80.8 billion over recent days, which analysts view as a healthy market reset that purged excessive leverage rather than a bearish warning. The drawdown is considered a temporary cooldown following volatility peaks and large liquidations, with Bitcoin maintaining key support around $112,000. Future market direction…
In brief The $100 million facility has been secured by CleanSpark’s Bitcoin holdings. Executives said the strategy helps fund growth without equity dilution. Rising difficulty, low fees, and tariffs have added pressure to mining margins. Bitcoin miner CleanSpark said Monday it has secured a new $100 million credit line from Coinbase Prime, extending its existing…
