Everything web3, crypto, defi, degen
In brief Circuit breakers prevent panic selling on Wall Street, but some experts feel they are impractical, and potentially dangerous, in decentralized finance. DeFi protocols will always be open, even if “front ends” implement restrictions, Amanda Tuminelli of the DeFi Education Fund said. They could cause price dislocations to become worse, Gregory Xethalis of Multicoin…
Decentralized perpetual futures exchange Hyperliquid has gone from being a market maker to one of the biggest crypto projects in the world.Hyperliquid has processed trillions of dollars in volume in its lifespan and is now the third-largest decentralized exchange in crypto—trailing only industry veterans PancakeSwap and Uniswap.It has been the talk of the town in…
In brief Kraken surveyed 1,000 crypto users in the U.S. Of the survey respondents, 79% said they would pay higher fees on an exchange they trust. Still, most users had accounts at multiple exchanges. In an industry that prides itself on decentralization, a recent survey conducted by crypto exchange Kraken found that Americans are placing…
In brief North Korean hackers compromised Web3 gaming incubator Seedify’s cross-chain bridge, draining $1.2 million across BNB Chain networks. The attack exploited a developer’s private key to mint unauthorized SFUND tokens through an audited bridge contract that should have prevented such minting. Blockchain sleuth ZachXbt linked the theft addresses to past North Korean “Contagious Interview”…
In brief Prediction markets and DAOs are both all about coordination, Syndicate co-founder Ian Lee said. One is focused on human intelligence, while the other on human capital. Syndicate was once dedicated to providing infrastructure for DAOs. Prediction markets and decentralized autonomous organizations, or DAOs, may be closer cousins than most people think, according to…
In brief Base is an Ethereum layer-2 network launched by crypto exchange Coinbase. The exchange wants Base to onboard “billions of users to the cryptoeconomy.” In September 2025, Coinbase revealed that it is “exploring” a token launch for Base. Leading American crypto exchange Coinbase ventured deeper into the on-chain economy with the launch of its…
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 21Shares launched a new ETP tied to dYdX’s native token, extending regulated access to one of the largest decentralized derivatives protocols. The product follows 21Shares’ earlier DeFi ETPs including Aave and Uniswap launched in 2022, becoming Europe’s largest crypto ETP issuer with 48 products. DYDX was chosen because it “adds a distinctive dimension”…
In brief Ethereum transformed the blockchain industry by enabling smart contracts, DAOs, NFTs, and decentralized apps. From its 2015 launch to The Merge in 2022, Ethereum has driven innovation and faced growing pains. Ethereum powers DeFi and NFTs, but still battles high fees, scalability limits, and fierce competition. Ethereum, the second-biggest cryptocurrency after Bitcoin, is…
In brief Kraken has bought proprietary trading platform Breakout. It’s the latest acquisition by the crypto exchange. San Francisco-based Kraken has said it is planning to go public. U.S. crypto exchange Kraken has acquired proprietary trading platform Breakout, the company announced Thursday, as it continues its efforts to expand services ahead of a planned public…
