Everything web3, crypto, defi, degen
In brief The UK government is seeking to keep most of the 61,000 BTC it seized in 2018, amid civil recovery proceedings. Some figures within the British crypto industry believe any retained BTC should be kept in a strategic reserve, while others argue that the long-term holding of seized assets is at odds with UK…
In brief EU regulators have warned that cross-border schemes could create redemption pressures in the bloc, forcing ECB intervention. The EU has one of the world’s strictest crypto regimes and requires stablecoins to be fully backed by reserves. The stablecoin market is currently valued at over $300 billion, dominated by U.S. dollar-based tokens. The European…
BTC ALMOST $120K, CRYPTO IS GREEN, PNKSTR JUMPS 50% TO $140MCrypto majors see more green; Bitcoin at $118,800. ZCash continues to lead, soaring 50% to $140. US government shutdown pauses ETF approvals. Lighter leaves private beta, opens Perps platform to public. Polymarket eyes US return as soon as today. PNKSTR jumps 50% to $140M as…
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.🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-TimeAfter four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.Potentially as…
In brief Two members of the Sweden Democrats have submitted a motion calling for a study into creating a national Bitcoin reserve. Proponents said it could position Sweden for a “potentially disruptive shift in the global financial infrastructure.” The U.S. and other nations have already explored or held strategic Bitcoin reserves. Two members of the…
In brief The U.K. government is seeking to keep most of the ÂŁ5 billion ($7 billion) in Bitcoin it seized in 2018 from Zhimin Qian, who has pleaded guilty to possessing criminal property. The fraud’s victims have opened civil proceedings aimed at securing compensation, with the first hearing due in January. Legal experts suggest that,…
CRYPTO HIGHER, US GOVERNMENT SHUTS DOWN, PUMP LEADS REBOUNDCrypto Higher Despite Us Government Shutdown. Recent Runners Xpl, Aster, Stbl All Weak. Blackrock Eth Staking Etf Could Be Coming in Oct. Sec Opens Door for State Trusts as Crypto Custodians. Tron Inc. Down 85% From Peak Amid Dat Slumps. Gensler’s Deleted Texts Under Scrutiny. Metaplanet Buys…
In brief Robinhood’s stock (NASDAQ: HOOD) hit another new high Tuesday after doing so on Monday. The stock’s rise comes after a report that the company is looking at expanding its prediction platform out of the U.S. Robinhood first started offering event contracts last year around the U.S. presidential election. Robinhood stock hit a new…
In brief Zhimin Qian pleaded guilty to criminal acquiring and possessing criminal property and awaits sentencing. She defrauded 128,000 Chinese individuals, ultimately turning illegally obtained funds into Bitcoin. That Bitcoin was seized between 2018-2021 and is now valued around $7 billion. Chinese national Zhimin Qian pleaded guilty to acquiring and possessing criminal property of 61,000…
CRYPTO REBOUNDS, ASTER METRICS SOAR, PLASMA HITS $13BETH, HYPE & BNB lead bounce in top L1s. ETH ETFs saw ATH outflows last week. Swift to launch blockchain in response to stablecoins. ASTER flips Tether in fees, Binance for perp volume. SEC’s Pierce urges quick progress in crypto. Stablecoin supply hits ATH over $300b. Plasma briefly…
