Everything web3, crypto, defi, degen
In brief The deal would outpace Stripe’s massive $1.1 billion purchase of stablecoin startup Bridge last year. Stablecoin activity has mushroomed with tokens’ total market cap increasing by about $100 billion year-to-date. Last month, Morgan Stanley teamed with Zerohash to enable E*Trade customers to trade Bitcoin, Ethereum, and Solana. Credit card giant Mastercard is reportedly…
In brief Compass Point expects that Robinhood will report that revenue generated from prediction markets grew at a faster rate than revenue derived from processing customers’ transactions. Robinhood began letting customers wager on NFL and college football games in August. Robinhood’s prediction markets are gaining traction in the U.S. Analysts at investment bank Compass Point…
In brief Valthos launched with $30 million from the OpenAI Startup Fund, Lux Capital, and Founders Fund. Its AI tools aim to detect and neutralize biological threats faster than traditional biodefense systems. The launch follows RAND’s warning that governments are unprepared for fast-moving AI-driven crises. Biodefense startup Valthos emerged from stealth on Friday with $30…
In brief Blockchain.com received its MiCA license in Malta, joining firms including Gate and Gemini. EU regulators have warned Malta over inconsistent supervision under the new crypto regime. The move comes as the island nation tightens restrictions on new crypto mining and licensing practices. Blockchain.com has secured a MiCA license in Malta, the latest in…
The MegaETH interview (w/ Bread)Crypto bounces as BTC dominance rises to 60%. The SEC and CFTC aim for crypto regulation by the end of 2025. Democrats and crypto executives meet to discuss a crypto bill. Over 150 crypto ETF filings await review. HYPE leads altcoins after its co-founder appeared on TBPN. Hyperliquid Strategies plans to…
CRYPTO BOUNCES BACK, ALTCOINS BELOW FTX LEVELS, CPI THIS WEEKCrypto Bounces After Hitting Extreme Fear Sentiment. Spot Btc Etf Suffer Ath Weekly Outflows. Revived Btc Supply Hits Highest Since January. Tough to Be Bullish With Btc Below $112k: Ansem. Top 50 Altcoins Below Level After Ftx Crash. Bitmine Has Bought $1.5b Eth Since Crash. New…
Top crypto trading platforms Coinbase and Robinhood went offline for hours Monday, with the companies citing an Amazon Web Services (AWS) outage as the cause of the mayhem. Users across the world panicked as their crypto funds became—at least temporarily—inaccessible. Users of both apps reported an inability not only to buy or sell tokens on Monday,…
In brief BlackRock’s iShares Bitcoin ETP is now available to UK retail investors on the London Stock Exchange, backed by bitcoin held through Coinbase custody. BlackRock’s U.S. Bitcoin ETF became the firm’s most profitable fund in just 21 months, though it fell short of the $100 billion milestone amid last week’s market crash. BlackRock CEO…
In brief Japan plans to ban insider trading in cryptocurrencies under the Financial Instruments and Exchange Act. The move empowers its financial regulators to investigate and penalize illicit trades, extending securities-style oversight to digital assets. Policy experts say Japan’s clarity could trigger “competitive convergence,” pushing other major markets to align on crypto regulation. Japan is…
In brief Five men aged between 21 and 37 were arrested on Oct. 1 on suspicion of conspiracy to commit fraud. Police say victims may have lost more than a million pounds (£1 million / approx. $1.3 million) through the fake cryptocurrency schemes. The suspects have been bailed pending further enquiries as the investigation continues.…
