Everything web3, crypto, defi, degen
In brief Elon Musk predicted AI and robotics will replace all jobs and create a “universal high-income” society. He believes future devices will replace phones with AI “edge nodes” and end operating systems and apps. Musk said Tesla’s Roadster may fly, SpaceX is aiming for full rocket reusability, and Starbase is now a city. The…
In brief Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since. On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future. However, several other…
In brief The European Central Bank is looking to pilot its digital euro in mid-2027 ahead of a Europe-wide roll out in 2029. It comes after the European Council told the ECB and other participants to “accelerate” the development of the CBDC, to release it as soon as possible. Crypto enthusiasts remain wary of CBDCs,…
In brief Tether reported $10 billion in profit for the first three quarters of 2025—surpassing Bank of America, and nearing Goldman Sachs and Morgan Stanley’s earnings. The company’s profits stem largely from returns on $135 billion in U.S. Treasuries backing its USDT reserves. Headquartered in El Salvador, Tether plans to launch a U.S.-compliant stablecoin, USAT,…
In brief REX Shares unveiled the REX IncomeMax Option Strategy ETF. The products seeks to turn volatility into weekly income. The product has exposure to several crypto firms. REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks,…
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 fall 2-3% after Powell says rate cut not certain in December US Senator claims Binance helped with TRUMP launch for…
In brief Senator Chris Murphy (D-CO) has alleged that Binance helped facilitate Trump’s “corrupt crypto coin” and UAE deals in exchange for a presidential pardon of founder Changpeng Zhao. Binance listed Trump’s USD1 stablecoin on Tuesday, one week after Zhao’s pardon, prompting Murphy to call the White House a “24/7 corruption machine.” Democrats, including Maxine…
In brief Author Billy Hallowell warned that AI chatbots could become tools of the “demonic realm.” Many churches are instead embracing AI for sermons, services, and outreach. Scholars argue that technology has always inspired both faith and fear—and AI is no different. As artificial intelligence grows more sophisticated, could your favorite chatbot actually be a…
In brief Prediction market users are reflecting market uncertainty with swaying predictions on crypto price movements. Bears have taken control in the market that asks for Bitcoin’s next stop—$100,000 or $120,000. Users on Myriad think BNB’s market cap will outrank XRP next week. Uncertainty in the crypto market has led to a tighter price range…
In brief Bitcoin dropped more than 6% during Q3, a more tepid performance than in the previous quarter. On Monday, Strategy announced a $43 million Bitcoin purchase for its treasury, its largest in a month. Co-founder Michael Saylor has remained upbeat about Bitcoin, despite its price drop this month. Leading Bitcoin treasury Strategy (MSTR) generated…
