Everything web3, crypto, defi, degen
In brief JPMorgan analysts said Ethereum offers exposure to the stablecoin boom. Growth in stablecoins is outpacing the crypto market itself, they wrote. Not long ago, analysts questioned the value of Layer-2 networks. Ethereum’s recent outperformance could continue as Wall Street begins issuing massive amounts of stablecoins within its ecosystem, JPMorgan signaled in a Thursday…
In brief Spanish bank BBVA will hold client funds in U.S. Treasuries, accepted by crypto exchange Binance as collateral for trades. The arrangement follows Binance’s $4.3 billion U.S. fine and FTX-driven demand for independent custody. Analysts say the move signals growing institutional trust and a maturing market infrastructure. Binance has tapped Banco Bilbao Vizcaya Argentaria…
In brief In a fireside chat, NEAR Protocol founder Illia Polosukhin and Infinex founder Kain Warwick argued that greater levels of interoperability are crucial for fueling crypto adoption. In June Infinex successfully integrated NEAR Intents and Chain Signatures, facilitating swapping and bridging of non-smart contract cryptocurrencies across multiple blockchain networks. Polosukhin said that NEAR Protocol…
In brief Marex is the first clearing firm to use JPMorgan’s Kinexys blockchain platform for client settlements, the companies said Wednesday. The partnership with Brevan Howard Digital enables 24/7 payments using blockchain-based deposit accounts. The move signals growing institutional interest in programmable, real-time settlement infrastructure. Financial services firm Marex has become the “first clearing firm”…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
In brief JPMorgan is reportedly exploring crypto-backed loans secured by Bitcoin and Ethereum. The move follows growing institutional interest and regulatory clarity, including the recent passage of the GENIUS Act. Experts say Basel III rules remain a hurdle, but JPMorgan’s plans may signal progress toward treating crypto as acceptable collateral in TradFi. JPMorgan Chase is…
In brief The price of ETH hit a new 2025 high on Monday, now up 26% over the last week. The surge comes as companies adopt Ethereum treasuries and investors throw cash at ETH ETFs in the United States. ETH, the second-largest cryptocurrency, still has to climb by over 20% to set a new all-time…
In brief Block becomes the second crypto-facing firm in the S&P 500 index, two months after Coinbase. For over a year, Block has allocated 10% of its monthly profit from Bitcoin services to purchase additional Bitcoin. Industry observers say regulatory shifts are helping push crypto firms into mainstream acceptance. Block Inc., the fintech company led…
Coinbase stock soared to a new all-time high of $436 during early trading on July 18, driven by renewed investor confidence following significant legislative wins for the crypto industry.According to Yahoo Finance data, this is the highest price for Coinbase shares since the company debuted on the Nasdaq in 2021.The price increase also added to…
Kraken Embed is a ‘One-Stop Shop’ for TradFi Crypto IntegrationsDecrypt is joined by Brett McLain, Head of Payments and Blockchain Business Unit at Kraken, to discuss why liquidity matters more to traders than trading volume, and how its new Kraken Embed service for fintechs reflects the evolving role of centralized exchanges in the crypto ecosystem.
