Everything web3, crypto, defi, degen
In brief Select stablecoin ATMs with USDT to cash conversion are now live at tourist and retail sites across South Korea. Access remains limited to foreign passport holders under regulatory sandbox rules. The rollout comes as lawmakers debate competing proposals for stablecoin legislation in the country. Foreign visitors to South Korea can now use select…
BTC STABLE, SEC ALLOWS IN-KIND REDEMPTIONS, FED DECISION TODAYBTC broadly stable ahead of Fed decision today. SEC allows ETPs to use in-kind mechanisms. eToro launches tokenised US stocks on ETH. Lummis intros crypto collateral for mortgages bill. Strategy buys $2.4b BTC post equity raise. Twenty One Capital receives 5.8k BTC from Tether. BTCS to raise…
In brief Bitcoin treasury Twenty One has added 5,800 Bitcoin to its holdings after acquiring more BTC from Tether. The firm, started by Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, will hold 43,500 digital coins. Traditional investors will be able to get exposure to the leading cryptocurrency via the company’s shares. Bitcoin treasury Twenty One Capital…
In brief Steam and Itch.io removed a wide range of adult games, following Collective Shout issuing an open letter to payment processors about titles involving “rape, incest, and child sexual abuse-themed games.” Collective Shout told Decrypt that it had “discussed” also pressuring crypto payment processors to do the same and may revisit the issue in…
In brief The Wyoming Stable Token (WYST) won’t initially offer a yield, but there is support for enabling the feature later, Wyoming State Senator Chris Rothfuss said. Wyoming’s Select Committee on Blockchain urged the Commission issuing WYST to “resist pressure to act as a political or financial gatekeeper.” The GENIUS Act’s passage could increase crypto…
In brief Ethena Labs plans to make its nearly $1.5 billion USDtb stablecoin available in the U.S. The firm is partnering with Anchorage Digital to issue USDtb stateside in the “near future.” Both crypto-native firms and traditional financial institutions are aiming to enter the stablecoin market following the passing earlier this month of stablecoin legislation…
Everyone thinks prediction markets are all about big money and quick trades. But what if the real edge isn’t speed or volume but rather the story behind a prediction?Prediction markets face the same fundamental problem: getting people to care enough to participate. Polymarket addressed this challenge by offering high‑stakes political markets that generated significant volume…
ALTS HEAD LOWER, GOLDMAN SACHS TO TOKENISE FUNDS, TRUMP VISITS FEDBTC dominance rises, XRP leads major altcoins lower. ETH ETFs see daily inflows for 2 weeks in a row. GS, BNY Mellon to launch tokenised funds. US crypto report coming on July 30. Whales pulled $1.7b ETH from Aave over last week. MARA raises $850m…
In brief A DOJ crypto scam case briefly sealed in full has sparked a backlash after NOTUS linked the victims to MoonPay execs tied to Donald Trump’s meme coin. Interim U.S. Attorney Jeanine Pirro blamed court clerks for sealing the entire docket and said prosecutors only asked to shield a company name. The alleged victims…
In brief A man has been indicted in an alleged cross-border fraud scheme. Authorities traced and seized $7.1 million in crypto, with assets moving through U.S. banks, offshore accounts, and at least 19 wallets. DOJ officials say blockchain tracing helped recover funds and identify connections to exchanges abroad. A Washington State man has been indicted…
