Everything web3, crypto, defi, degen
In brief Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since. On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future. However, several other…
In brief Coinbase CEO Brian Armstrong rattled off a handful of words after seeing prediction market on his firm’s earnings call. The stunt, which Armstrong called spontaneous, has drawn mixed reviews from industry observers. Some users praised Armstrong’s antics, while others likened it to market manipulation. Coinbase CEO Brian Armstrong helped some prediction market users…
In brief Tether reported $10 billion in profit for the first three quarters of 2025—surpassing Bank of America, and nearing Goldman Sachs and Morgan Stanley’s earnings. The company’s profits stem largely from returns on $135 billion in U.S. Treasuries backing its USDT reserves. Headquartered in El Salvador, Tether plans to launch a U.S.-compliant stablecoin, USAT,…
In brief Brazilian Bitcoin treasury OranjeBTC started trading publicly on October 7. The company owns 3,708 BTC, worth $408.3 million. But it has already halted buying Bitcoin, and is instead buying back its own shares. Brazil’s biggest Bitcoin treasury OranjeBTC has halted purchasing BTC and instead has bought back its own shares, the publicly traded…
In brief REX Shares unveiled the REX IncomeMax Option Strategy ETF. The products seeks to turn volatility into weekly income. The product has exposure to several crypto firms. REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks,…
October 31, 2025 | Asset Listings We’re thrilled to announce that LION is available for trading on Kraken! Funding and trading LION trading is live as of October 30, 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…
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 fall 2-3% after Powell says rate cut not certain in December US Senator claims Binance helped with TRUMP launch for…
In brief Ethereum’s price swings are dictated by a cycle of extreme greed and panic in funding rates, according to analysts. They argue that the market is under stress, sustained by leverage rather than real spot demand. Breaking the volatile cycle requires a reset in derivatives positioning and new spot buying, analysts told Decrypt. Ethereum…
In brief The Fed’s end of quantitative tightening places Bitcoin at a critical liquidity juncture. Aside from short-term volatility, the crypto market is unlikely to repeat the post-Fed pivot scenario of 2019 amid higher interest rates and institutional demand, Decrypt was told. A favorable macro and geopolitical outlook could extend the bull run, analysts say.…
In brief Sam Bankman-Fried’s X account has shared a document in his defense. It claims that the bankrupt crypto exchange was never actually insolvent. FTT would be worth $22 billion today if FTX and Alameda survived, it adds. An account once used by Sam Bankman-Fried, founder and former CEO of bankrupt crypto exchange FTX, posted…
