Everything web3, crypto, defi, degen
In brief A whale trading on Hyperliquid that made millions shorting BTC and ETH last week is now shorting Bitcoin again. The trader added $40 million USDC to Hyperliquid on Monday, using it to short Bitcoin with 10x leverage. The open position is currently yielding around $700,000 in unrealized profits. A whale that earned close…
In brief Bitcoin bounces back to $115K, but the technical picture suggests traders lack conviction. Ethereum shows the weakest trend strength among the three majors, despite reclaiming $4,200. Solana faces conflicting signals with bearish short-term momentum fighting bullish long-term structure. The crypto market just lived through another violent reminder that leverage is a double-edged sword.…
In brief Penn State researchers found that “very rude” prompts outperformed “very polite” ones in accuracy. The results contradict prior studies claiming LLMs respond better to a courteous tone. Findings imply that tone itself, once dismissed as etiquette, may be a hidden variable in prompt engineering. Being polite might make you a better person, but…
In brief Nigel Farage called Monday for the British financial watchdog to better regulate crypto. Farage in May said that he would establish a Bitcoin reserve—like Trump did in the U.S.—if elected prime minister. The Brexit mastermind has long spoken about the benefits of using digital assets. Reform UK leader Nigel Farage said Monday that…
In brief Hungarian novelist László Krasznahorkai was awarded the 2025 Nobel Prize for Literature last week. His story links crypto and blockchain with trust, portraying them as systems that ensure authenticity without human intermediaries. The narrator argues that “the model already exists in crypto,” presenting it as proof that belief can still structure a broken…
In brief Attack success depended on sample count, not dataset percentage. Larger models were no harder to poison than smaller ones. Clean retraining reduced, but did not always remove, backdoors. It turns out poisoning an AI doesn’t take an army of hackers—just a few hundred well-placed documents.A new study found that poisoning an AI model’s…
In brief Strategy raised $27 million by issuing preferred shares. The firm bought Bitcoin at an average price of $123,500 last week. Bitcoin still hasn’t recovered fully from last week’s crash. Strategy, the world’s largest corporate holder of Bitcoin, said that it spent $27 million on the asset last week, but it appears that the…
In brief Larry Fink said he had to “relook at [his] assumptions” about Bitcoin. BlackRock now manages several crypto-linked ETFs amid growing investor interest. Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products. BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made…
In brief Crypto ETPs drew $3.17 billion in inflows last week, pushing 2025’s total to a record $48.7 billion. Friday’s market crash saw minimal ETF outflows of just $159 million, suggesting retail investors held positions while institutional traders remained largely unaffected. Bitcoin briefly dropped below $110,000 over the weekend but is recovering, with Ethereum showing…
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.🧨 A Historic Flush: ~$19B in Crypto LiquidationsFriday wasn’t just a bad day for crypto.It was the worst day in crypto’s existence.And all due to a miscommunication at…
