Everything web3, crypto, defi, degen
In brief Bakkt is selling the unit to Project Labrador as part of its shift toward becoming a pure-play crypto platform. The loyalty business only generated roughly $10 million in Q2 revenue, compared to more than $568 million from its crypto services. Analysts told Decrypt the pivot sharpens focus but won’t easily close the gap…
Why Tokenized Stocks are Important: A BreakdownWhy Tokenized Stocks are important: A Breakdown #Crypto #Tokenization #kraken Decrypt spoke to Kraken’s global head of consumer, Mark Greenberg, to break down the world of tokenized stocks—and explore Kraken’s entry into the space with its XStocks offering.
In brief Ethereum topped $3,900, its first time above that level since December, before retreating. Bernstein analysts said that Ethereum treasuries would have to weigh liquidity risks. The ETH treasuries have followed a general model pioneered by Bitcoin pioneers like Strategy. Ethereum treasuries are treating the asset differently than their Bitcoin-focused counterparts, generating staking rewards…
We’re thrilled to announce that CCD is available for trading on Kraken! Funding and trading CCD funding and trading are live as of July 24, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by…
In brief PayPal will launch a platform this fall linking domestic wallets like UPI and WeChat Pay to its global merchant network. The service mirrors stablecoin functionality but runs on traditional fiat rails, without blockchain infrastructure. It comes as PayPal continues to support and integrate its stablecoin, PYUSD, into its broader product suite. U.S. payments…
In brief Prometheum can custody a handful of tokens, but it’s now racing to support on-chain securities, founder and co-CEO Aaron Kaplan said. Kaplan testified on Capitol Hill in 2023 that the SEC had laid out a clear path to compliance for crypto firms. Some tokenized offerings resemble gambling, Kaplan argued. Tokenization could revolutionize finance,…
PENGU & REKT ALL TIME HIGHS, HUGE ETH ETF INFLOWS, BNB OUTPERFORMS MARKETCrypto majors slightly red with BNB outperforming and hitting new ATH. ETH ETFs see 3rd biggest day of inflows while BTC sees net outflows. Coinbase partners with PNC for Crypto-as-a-Service model. Goldman and BNY to offer tokenized money market accounts. PENGU and REKT…
In brief BNY Mellon and Goldman Sachs are working together on a tokenized money market fund (MMF) product. The product will allow fund managers to subscribe to MMF shares that earn a tokenized representative. The goal is to unlock utility and transferability of MMF shares. Publicly traded financial giants BNY Mellon Corporation and Goldman Sachs…
In brief Four people in London were convicted for kidnapping a Belgian barber after he boasted online about a crypto fortune he didn’t actually have. The gang ambushed him with weapons, but after discovering his wallet held only $9, they extorted $2,700 from his bank instead. The case highlights rising “wrench attacks,” where criminals physically…
We’re thrilled to announce that CCD will be available for trading on Kraken! Funding and trading CCD trading will be live as of July 24, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by…
