Everything web3, crypto, defi, degen
In brief MrBeast filed a trademark for MrBeast Financial, a planned app offering crypto exchange, payment processing, banking, and insurance services. The YouTuber would need FinCEN registration, state money transmitter licenses, and SEC/CFTC approval to launch such a platform—none filed yet. This joins 52 trademarks owned by his company, though not all have become actual…
In brief Experts believe that some crypto traders are selling as they are following the classic four-year cycle rulebook. Historically, Bitcoin has followed a four-year cycle (with altcoins following suit), and believers are fearful a crash is looming. However, many analysts believe that the classic four-year cycle will be broken due to institutional adoption and…
In brief Market makers Wintermute and LO:TECH momentarily stopped trading amid last week’s $19 billion liquidation cascade. The pause came because their predefined trading rules were broken and they were forced to regroup, the market makers said. Wintermute told Decrypt that if the firm can “make markets in a safe, delta neutral way,” it will—but…
In brief Mt. Gox’s 2011 hack caused Bitcoin’s worst crash ever, plummeting 99.9% after hackers dumped stolen BTC for pennies. Major crashes stemmed from China bans, COVID-19 panic, and crypto platform collapses like Celsius and FTX. Trump’s October 2025 China tariff threat triggered a 13% drop and $19 billion in liquidated positions—but didn’t make the…
In brief Bitcoin dropped early Friday amid uncertainty over Trump’s proposed China tariffs, with analysts watching the critical $103,000 support level. Short-term holders who bought around $113,000 are selling, while the “Coinbase premium” has turned negative, signaling weakened U.S. demand. Broader market pressure from U.S. banking concerns and $1.2 billion in liquidations over 24 hours…
In brief Gespa, Switzerland’s gambling authority, filed a formal criminal complaint against FIFA’s NFT collectibles platform. The regulator pointed to the site’s random draws and right-to-buy offerings, which it likened to sports betting and lotteries. FIFA Collect is the soccer governing body’s collectibles platform, which now runs on an Avalanche L1. Gespa, the lottery and…
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 very red as Bitcoin hits 4-month low at $105,700 ETFs see biggest outflows since August with $530.9M Charles Schwab plans…
In brief Authors E. Molly Tanzer and Jennifer Gilmore have sued Salesforce, alleging it “pirated hundreds of thousands of copyrighted books” to develop its XGen AI models. The lawsuit claims Salesforce initially disclosed using the “RedPajama-Books” dataset in June 2023, then deleted references two months later, rebranding training data as simply “publicly available.” Salesforce CEO…
In brief Binance has received regulatory approval to take majority control of GOPAX after prolonged scrutiny. GOPAX says the move marks progress toward resolving GOFi repayments tied to Genesis Global Capital. Analysts say the decision reconciles with regulators but does not mean immediate disruption in a crypto market still dominated by Upbit and Bithumb. South…
In brief Prediction market Myriad shows a 57% chance Bitcoin hits $100K before $120K—a dramatic flip from 60% bullish just a day ago. Short-term technical indicators scream bearish while longer term signals hint at oversold bounce potential. Tomorrow’s $115K price target on Myriad looks very unlikely, with 95% of the money on the prediction market…
