Everything web3, crypto, defi, degen
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 rebound 1-2%; BTC at $109,500 a16z releases ‘State of Crypto 2025’ highlighting newest trends BlackRock says it will stay focused…
In brief Ledger released its latest crypto hardware wallet (or “signer”), the Nano Gen5. The product comes with an icon set developed by former Apple designer Susan Kare. Ledger is now referring to its hardware wallets to “signers” in an attempt to simplify and better characterize the role its devices play. Crypto hardware wallet maker…
In brief An Ethereum whale has bought $32 million in ETH, signaling institutional interest amid corporate accumulation. A Solana whale sold $93 million, indicating “waning whale confidence” in the asset. A Bitcoin whale netted $835,000 profit, closing a short position as the market hints at a potential bottom. With Bitcoin trading in a tight range,…
In brief Decentralized exchange Bunni announced its permanent shutdown Wednesday, saying it lacks the capital for a secure relaunch requiring six to seven figures in audit expenses alone. The September 2 hack drained $8.4 million through flash loan manipulation and rounding errors, with stolen funds remaining unmoved in Tornado Cash-funded wallets. Users can still withdraw…
In brief Social media platform Reddit has sued Perplexity AI, accusing the firm of an “industrial-scale” scheme to scrape its user-generated content. Reddit alleges billions of search pages were scraped through tools that bypassed its and Google’s protections. The lawsuit names Perplexity, SerpApi, Oxylabs, and AWM Proxy as defendants. Social media platform Reddit has sued…
In brief Paxos mistakenly minted 300 trillion PYUSD tokens last week before burning them 24 minutes later in what the company on Wednesday called an “internal technical error” that never left its systems. The Paxos co-founder said “the mistake was entirely ours” and blamed rarely-used manual operational processes designed for “very secure cold minting processes”…
In brief Coinbase’s new MCP tool lets AI agents hold wallets and send stablecoin payments. Payments MCP builds on Coinbase’s x402 protocol for machine-to-machine crypto transfers. Built-in wallet limits and compliance checks aim to keep AI spending safe and traceable. Coinbase is linking artificial intelligence directly to crypto payments with a new system built on…
In brief 60% of Australians still say they don’t trust crypto, up from 57% in 2024. Labor’s reform package spans exchange licensing, stablecoin oversight, and payments modernization. Swyftx projects millions of new investors once regulation is finalized. Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious…
In brief First Lady Melania Trump and Argentine President Javier Milei aren’t to blame for the “scam tokens” they promoted, investors claim in a legal filing. Rather, the plaintiffs claim that Meteora founder Benjamin Chow was the “center of the enterprise,” with Hayden Davis and Kelsier Ventures working under his instructions. The class action lawsuit…
In brief T. Rowe Price has filed for a crypto ETF. If approved, the fund would hold mostly Bitcoin and Ethereum but other coins, too. The SEC is weighing more than 90 crypto fund proposals. Asset management giant T. Rowe Price on Wednesday applied for a mixed digital asset exchange-traded fund, according to a regulatory…
