Everything web3, crypto, defi, degen
In brief Stripe is working with crypto venture firm Paradigm to build a new layer-1 network for payments and stablecoins. The network is in private testnet, being built with design input from global firms like OpenAI, Shopify, and Visa. Tempo will feature low fees, a payments-first user experience, and opt-in privacy features. Stablecoins and payment…
In brief World Liberty Financial is an Ethereum-based DeFi project co-founded by U.S. President Donald Trump and his sons. The platform, which aims to “keep the dollar digital” and provide “loans for institutions and everyday users,” has launched a stablecoin called USD1. The Trump family’s involvement in World Liberty Financial and other crypto projects has…
In brief Prediction market Kalshi has been valued at $5 billion as it raised $300 million with participation from Sequoia, Andreessen Horowitz, Paradigm, and more. It comes the same week that rival Polymarket was valued at $9 billion via a $2 billion investment, which made its CEO the youngest “self-made” billionaire. The projects have been…
Decentralized exchange Aster has caught traders’ attention thanks to its eye-watering 1,001x leverage options, support from Binance co-founder Changpeng “CZ” Zhao, and a soaring token. Due to its focus on perpetual futures trading, Aster is considered a rival to Hyperliquid—which has been one of the most successful crypto projects of the year. During its first week,…
Decentralized perpetual futures exchange Hyperliquid has gone from being a market maker to one of the biggest crypto projects in the world.Hyperliquid has processed trillions of dollars in volume in its lifespan and is now the third-largest decentralized exchange in crypto—trailing only industry veterans PancakeSwap and Uniswap.It has been the talk of the town in…
In brief The physical hat worn in the cute image associated with Solana meme coin Dogwifhat sold for $792,696 on Thursday night. It was won by Finn, the founder and CEO of rising token launchpad Bags, who says he will give it “back to the community.” Finn claims to have used the fees associated with…
In brief Prediction markets enable users to speculate and bet on the outcome of any future event. The price of one “share” in a prediction market ranges from between $0.00 to $1, and its price correlates to its percentage chance of winning. Once the event has taken place, the market resolves, with the price going…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
In this blog, we would like to share the details of how we decide which tokens to list and give yours the best chance to join the 300+ cryptoassets we currently have on the platform. Let’s get into the trenches and share insights into what we look for in the assets we list at Kraken.…
Clients looking to support their favorite Kusama projects can now, for the first time, participate in Parachain Slot Auctions (or ‘Parachain Auctions’ for short) directly from the Kraken platform. Key points to note:1. Parachain auctions are not available to residents of the US, Canada, Japan and Australia. 2. Only verified Intermediate accounts and higher are…
