Everything web3, crypto, defi, degen
In brief Myriad Markets gives ~32% odds MetaMask launches a token before November; Polymarket traders price higher for a 2025 drop. CEO Joe Lubin has confirmed a token is coming and says the timeline may be “sooner than expected,” stoking airdrop speculation. Regulatory risk looms: SEC’s lawsuit against ConsenSys could delay or shape the token’s…
In brief Social media platform X says it’s taking legal action against some banned accounts. The accounts in question allegedly bribed X employees to regain access to the platform. Some of the accounts in question were crypto scammers, X said. Social media platform X is taking legal action against banned users, including crypto scammers, who…
In brief Rekt Brands sold its 1 millionth can of its Rekt Drinks flavored sparkling water. The Web3 firm collaborated with payments infrastructure company MoonPay on a peach-raspberry flavor called “Moon Crush.” Rekt incentivizes purchasers of its drinks with the REKT token, which hit an all-time high market cap of $583 million in August. Web3…
In brief Coinbase unveiled a lending product this week offering “competitive yields.” DeFi lender Morpho is currently subsidizing those rates. A Coinbase employee acknowledged that it’s a marketing tactic. A lending product unveiled by Coinbase that offers up to 10.8% returns on USDC deposits is receiving a temporary boost from DeFi lender Morpho.On X, Coinbase…
In brief WLFI token holders passed a proposal to buy back and burn the token using earned fees. Fees earned will buy used to buy WLFI from the open market and effectively remove them from the circulating supply. WLFI is currently up 6% on the day and more than 13% in the last week. The…
CRYPTO FALLS, STOCKS HIT ANOTHER ATH, SOL DEFI COINS SOARAVAX & NEAR lead L1s, most alts fall. XRP, DOGE ETF debut, $50m day 1 combined volume. MetaMask token coming ‘very soon’. Michigan BTC bill moves forward after delay. Brera Holdings launches $300m SOL DAT. ETH Fusaka upgrade scheduled for December. Plasma TGE set for 25…
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 retreat after post-FOMC rally; BTC -1% at $116,300 Joe Lubin confirms MetaMask token coming “very soon” Plasma sets mainnet debut…
In brief The native token for meme coin launchpad Pump.fun led losses among crypto’s meme economy Friday morning. Dogecoin, PEPE, BONK and other top meme tokens also lost ground, underperforming Bitcoin and Ethereum. Gaming token Immutable jumped 17% on the day, buoyed by partnerships and broader altcoin momentum. Meme coin markets cooled on Friday morning…
In brief IMX climbed nearly 17% Thursday and is up 50% over the past week, CoinGecko data shows. Ubisoft and NetMarble collaborations highlight Immutable’s push to bring crypto rewards into mainstream gaming. SEC approval of broader ETF listing standards has added to the upbeat sentiment across altcoins. Immutable (IMX) led gains among select altcoins on…
In brief LayerZero extended PYUSD’s presence to nine additional blockchains. PYUSD0 tokens represent a bridged version of PayPal’s stablecoin. The stablecoin had a market capitalization of $1.3 billion on Thursday. PayPal’s PYUSD stablecoin expanded to nine new blockchains on Thursday after LayerZero, an interoperability protocol, unveiled additional support for the token in a blog post.The…
