Everything web3, crypto, defi, degen
In brief Zora token surged 43% in 24 hours, gaining 129% weekly and 1,566% monthly following strong platform adoption. The Ethereum Layer-2 platform rewards creators for content sharing and was added to Base App in July for easier access. Recent surge driven by spike in coin creation activity (47,000 new tokens Sunday) and new Binance…
In brief Apple co-founder Steve Wozniak says YouTube ignored multiple takedown requests after his likeness was used in a bitcoin scam. Wozniak’s warning comes amid a rise in AI-powered deepfake fraud targeting tech leaders. Last week, a UK MP called for YouTube ads to face the same regulation as TV and radio advertising. Apple co-founder…
In brief Crypto exchange Coinbase has announced its intention to raise $2 billion via convertible senior notes in a private offering. The funds will be used for “general corporate purposes,” which could include “acquisitions of other companies, products, or technologies.” Last week, Coinbase revealed that its revenue had dropped 25% from the previous financial quarter.…
In brief A UK police force has received a $665,000 (£500,000) windfall after seized Bitcoin soared in value. Thieves had converted stolen money into Bitcoin before it rose in value—but British law prevents victims from being overpaid. Lancashire Police will allocate the money to a special crime-fighting fund. “Crime doesn’t pay,” the old saying goes,…
In brief A Welshman has quit his pursuit of recovering 8,000 Bitcoin from a hard drive that was accidently thrown into a landfill in Newport, Wales in 2013. James Howells attempted “everything humanly possible” to recover his buried BTC from legal battles to multi-million dollar bids but nothing worked. Now, he’s pivoting his plan to…
In brief Osborne compares the crypto moment to the 1980s Big Bang reforms and warns that the UK risks becoming irrelevant. FCA data shows that 12% of UK adults now hold crypto, as Singapore, Hong Kong, and Abu Dhabi pull ahead. Trade group CryptoUK and London startup Alvara spoke with Decrypt, calling for the legal…
VOLATILE WEEKEND, XRP LEADS REBOUND, TRUMP FIRES BLS CHIEFXRP, DOGE lead crypto rebound after drop. BTC ETFs suffer 2nd largest single day outflow. Crypto ETFs bought ATH $12.8b in July. China cracks down on mainland crypto again. SEC to hold crypto roundtables across US. Buy the dips in BTC, ETH: Eric Trump. Metaplanet plans $3.7b…
In brief Altcoins have climbed the most amid a broad crypto market rebound. It comes amid a week of mostly red as President Trump reignited his trade war on Thursday, slapping trade partners with tariffs up to 41%. XRP and Ethereum led the way for the top 10 cryptocurrencies, climbing 4.5% and 2.7% respectively. Altcoins…
In brief Eros International will release an AI-modified version of its 2013 film Raanjhanaa in Tamil with a new ending, claiming it’s more culturally sensitive for Tamil audiences. Original director Aanand L. Rai strongly opposes the release, arguing it violates artistic consent and sets a troubling precedent for AI use in filmmaking without creator approval.…
In brief Nym’s token surged 12% after the UK began enforcing the Online Safety Act, triggering a 6,000% spike in VPN demand. The law forces age verification for online content, pushing users to seek privacy tools to bypass restrictions. Privacy advocates say the law enables mass surveillance under the guise of protecting children. The Nym…
