Everything web3, crypto, defi, degen
In brief Federal Reserve Governor Christopher Waller proposed offering “skinny” master accounts to innovation-focused banks, granting them qualified access to Fed payment systems. These accounts would speed up access to the Fed’s services for crypto banks, but exclude benefits like earning interest or overdraft privileges. They could also include balance caps to manage risk. The…
In brief The government has introduced legislation to make a temporary crypto mining moratorium permanent. Officials said the change is part of a broader plan to allocate electricity to high-value industries. Crypto industry leaders warned the decision could push investment to areas without clean energy. The Government of British Columbia is moving to permanently bar…
In brief Galaxy Digital disclosed $505 million in Q3 profits. Assets on Galaxy’s platform reached a record $17 billion. The firm recently unveiled a Coinbase and Robinhood competitor. Galaxy Digital shares jumped on Tuesday after the institutional crypto firm reported $505 million in third-quarter profits amid an increasing amount of assets on its platform.The New…
TL;DR Last Friday’s ~$19B+ liquidation cascade reset positioning across crypto; this week’s action has been a shaky retest rather than a clean recovery, with BTC probing the low ~100Ks and failing multiple reclaim attempts. Den’s “line in the sand” on BTC: ~$98K. If it can hold above that level, there’s room for a base (but…
In brief Veteran Ethereum Core Developer Péter Szilágyi has argued that Vitalik Buterin has effective control over the non-profit Ethereum Foundation. He claimed that a small number of people are dominating new investment and advisory roles. The CEO and founder of the Polygon Foundation also critiqued the Ethereum Foundation’s governance. Longtime Ethereum Core Developer Péter…
In brief Coinbase acquired Echo, an onchain fundraising platform founded by crypto figure Cobie, for approximately $375 million. The acquisition brings Echo’s private investment tools and public token sale product Sonar into Coinbase’s ecosystem, having facilitated over $200 million across roughly 300 deals since launch. The deal complements Coinbase’s July purchase of token management platform…
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 are red overnight; BTC -2% at $108,500 Coinbase buys Cobie’s Echo + Up Only NFT for $375M Coinbase urges US…
In brief OCC Chief Jonathan Gould said any material deposit impact from stablecoins “would not happen in unnoticed fashion” and “would not happen overnight” at the ABA convention on October 19. His reassurances come as the American Bankers Association and over 50 state banking groups demand Congress close “loopholes” allowing third parties to offer yield…
In brief Google Threat Intelligence Group researchers have uncovered North Korean hackers using EtherHiding malware. EtherHiding enables stealthy, untraceable malware delivery through smart contracts. The regime’s hackers have stolen over $2 billion so far in 2025 alone, most from the Bybit exchange breach. Google’s Threat Intelligence Group has warned that North Korea is using EtherHiding—a…
In brief Governments are balancing modernization against monetary control, testing how far private stablecoin infrastructure can integrate into national systems. The region is moving from policymaking to real-world rollouts, with Japan’s banks leading institutional pilots and Singapore setting a regulatory benchmark. Competing models are emerging: bank-issued domestic coins, open but regulated innovation hubs, and conservative…
