Everything web3, crypto, defi, degen
In brief Executives from stablecoin issuers Circle and Tether are set to meet with top figures in some of South Korea’s biggest financial groups this week, according to reports in local media. The discussions will reportedly revolve around the potential distribution and use of dollar-pegged stablecoins in South Korea, as well as the issuance of…
ETH ETF OUTFLOWS HIT $678M, SUI TRADING LIVE ON ROBINHOOD, $PUMP SURPASSES $800M IN LIFETIME REVENUECrypto lower ahead of Fed minutes. ETH ETF outflows hit $678m in 3 days. BTC fall linked to $400b drain from reverse-repo. Strategy stock hits 4-month lows after BTC buys. DATs now eclipse VC funding in 2025. Sharplink adds 12k…
In brief xStocks, a feature which allows users to traded tokenized versions of companies like Nvidia, Apple, and Meta, is expanding to Tron. The tokenized stocks are backed 1:1 with real shares in the underlying companies. xStocks so far have generated more than $500 million in on-chain trading volume. Tokenized versions of Tesla, Nvidia, Apple,…
In brief Binance will move its USDT yield product onto the Plasma network once mainnet launches, estimated for September. Users will be able to earn 2% APR on their USDT stablecoin holdings, as well as earn a slice of the soon-to-launch XPL token. Codenamed “Taylor Swift,” the partnership’s details were kept under lock and key…
CRYPTO LOWER, AI STOCKS WOBBLE, DAT WORRIES CONTINUECrypto lower ahead of Fed minutes. ETH ETF outflows hit $678m in 3 days. BTC fall linked to $400b drain from reverse-repo. Strategy stock hits 4-month lows after BTC buys. DATs now eclipse VC funding in 2025. Sharplink adds 12k ETH. Wyoming first state to launch stablecoin. Bessent…
In brief Healthcare company KindlyMD said Tuesday that it spent $679 million to buy over 5,743 Bitcoin. The firm pivoted to a Bitcoin treasury strategy earlier this year when it merged with holding company Nakamoto. It is the latest company to morph into a crypto treasury. Bitcoin treasury KindlyMD has added $679 million in BTC…
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 slightly green after volatile day; BTC at $115,600 Tom Lee buys $1.7B in ETH in the past week, becomes…
In brief Wyoming’s Frontier Stable Token debuted on seven networks, including Ethereum, Solana, and Avalanche. The token could offer a yield in the future, while funding local education. It could theoretically be issued on more than 110 networks through LayerZero. Wyoming’s stablecoin debuted across seven blockchains on Tuesday, a new milestone for the Cowboy State…
In brief Stablecoin issuer Tether has appointed Bo Hines, former crypto advisor to the Trump administration, as a strategy advisor. Hines left his role as President Trump’s crypto advisor last week, after helping shape the landmark GENIUS Act. In his new position, Hines will help Tether “shape and execute the company’s U.S. market entry.” Stablecoin…
In brief KindlyMD said it was merging with Nakamoto Holdings to become a Bitcoin treasury back in May. The company just closed a $200 million convertible note offering. KindlyMD is the latest firm to pivot to Bitcoin buying as a way to provide better returns for investors. Bitcoin treasury KindlyMD has closed a $200 million…
