Everything web3, crypto, defi, degen
In brief A federal jury found Braden John Karony guilty of securities fraud, wire fraud, and money laundering in May. The FBI has opened a victim questionnaire to identify SafeMoon investors who may qualify for restitution and services. Observers say enforcement is catching up with DeFi, though restitution remains difficult in decentralized markets. A federal…
In brief A new “Liquid Glass” design gives iOS 26 a slick, layered look, plus upgrades to core apps and navigation. Spam call screening, message filtering, and live translation take center stage in this update. Adaptive Power mode boosts battery life, while the Phone app can now hold your place in a call queue. Apple’s…
In brief The PAC says it has lined up more than $100 million to support pro-Trump candidates in upcoming races. FEC records show that the group was registered in August, but filings have listed no receipts or expenditures to date. Its launch comes as crypto political spending grows. Crypto is once again taking the stage…
In brief The startup beat out Paxos, Ethena, and others, with validators and prediction markets pushing odds to above 90% before the vote. Native Markets’ proposal splits reserve yield between Hyperliquid’s Assistance Fund and growth, with reserves managed via Bridge, BlackRock, and Superstate. The next test for USDH would be whether it could break the…
In brief Gemini debuts on Nasdaq with $4.4B valuation, shares up 22.6% amid regulatory drama with CFTC nominee. Figure launches public trading at $5.3B valuation as crypto lending meets capital markets. Tokenization gains momentum with BlackRock eyeing ETF tokenization and Nasdaq proposing tokenized stock trading. Public Keys is a weekly roundup from Decrypt that tracks…
In brief Four years ago, El Salvador made Bitcoin legal tender in the country. The country has been in the spotlight since then as its Bitcoin-loving president becomes a larger player on the world stage. President Bukele claims he still buys Bitcoin for the country—but the IMF says otherwise. Bitcoin advocates around the world are…
In brief Coinbase has accused the SEC of destroying nearly a year of former Chair Gary Gensler’s text messages. A recent SEC Inspector General report revealed texts from October 2022 to September 2023 were permanently erased during a critical crypto enforcement period. The U.S. exchange wants expedited discovery, sanctions, and immediate production after the SEC…
In brief SharpLink Gaming’s treasury strategy will be a positive “white swan event” for Ethereum as it helps educate traditional players, its co-CEO told Decrypt. Some industry observers fear that the crypto treasury trend could end badly for the industry, as swarms of companies have started stockpiling digital assets this year. Joseph Chalom, co-CEO of…
We’re excited to launch something new — and if you’ve ever wanted to take a position on what’s going to happen next in crypto markets, this could be for you. Today we’re launching Kraken Perps (short for Kraken Perpetuals), available in select regions to eligible clients worldwide. These offer a simple, flexible way to trade…
In brief Binance, the world’s biggest crypto exchange, and Franklin Templeton, one of the world’s biggest asset managers, are working together to release digital asset products. The two did not reveal what the products would be, but said further announcements will come later this year. They did say the products would cater to a “broad…
