Everything web3, crypto, defi, degen
In brief XRP hit a new all-time high of $3.66 this week before retreating to $3.15 amid surging volumes and renewed market attention. Ripple CEO Brad Garlinghouse warned of scammers impersonating the firm on YouTube and other social sites. The cryptocurrency’s older retail base makes it especially vulnerable to social engineering, analysts told Decrypt. After…
We’re excited to announce plans to introduce the $INK token and Ink Layer 2 into our existing product suite, unlocking a new wave of use cases powered by onchain protocols and infrastructure. We aim to deliver seamless onchain experiences and new opportunities for our global client base. $INK will be issued by a subsidiary of…
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 The meme coin market is down over the past 24 hours, with most major meme coins dropping in value. It comes after Alon Cohen, co-founder of Pump.fun, confirmed that the hotly anticipated PUMP airdrop won’t be coming in the “immediate future.” Pump.fun-created tokens GOAT, Moo Deng, and Peanut the Squirrel are amongst the…
In brief Bitcoin’s consolidation near $120,000 has fueled recent gains in major altcoins, but signs of exhaustion are emerging. Analysts flag a buildup of Ethereum sell orders and leveraged positioning in Solana, pointing to a possible short-term correction. Despite near-term caution, some remain bullish, citing macro drivers like Fed rate cuts and liquidity trends. Several…
In brief A revised class action accuses Pump.fun and its infrastructure partners of operating a racketeering enterprise modeled on unlicensed gambling. Plaintiffs claim the meme coin ecosystem functioned like a digital slot machine, extracting billions from retail users. The case, brought by Burwick Law, remains unproven in court and reflects the firm’s growing presence in…
In brief The Senate just released a discussion draft of its own crypto market structure legislation. The House passed a companion bill last week, dubbed the CLARITY ACT. The Senate’s version differs in some meaningful ways, but the aim is the same. And it directly impacts crypto startups and future token sales through ICOs. The…
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,…
In brief Ethereum game Tokyo Beast on layer-2 network Immutable zkEVM will shut down in August. Producer Naoki Motohashi said in a blog post that the rapid closure is due to operational cost challenges. Tokyo Beast will compensate NFT owners and some TGT token holders amid the end of services. Numerous crypto games have shut…
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…
