Everything web3, crypto, defi, degen
In brief Stream Finance announced that an external fund manager lost approximately $93 million in user assets, triggering an immediate suspension of all withdrawals and deposits. Staked Stream USD (xUSD) crashed from its $1 peg, falling about 77% following the announcement. DeFi research group Yields and More identified nearly $285 million in direct debt exposure…
November 4, 2025 | Asset Listings We’re thrilled to announce that RIVER is available for trading on Kraken! Funding and trading RIVER trading is live as of November 4, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Bernstein initiated coverage of SharpLink with an “outperform” rating. The analysts said Ethereum is an ideal asset for crypto treasury strategies. SharpLink shares should trade at a premium to its Ethereum holdings, they added. Analysts at investment firm Bernstein initiated coverage of SharpLink Gaming with an “outperform” rating on Thursday, saying the Ethereum…
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.GM!Today’s top news: Crypto majors fall 2-3% after Powell says rate cut not certain in December MetaMask parent Consensys files for IPO Mastercard to acquire…
In brief Key metrics such as ETF flows, Coinbase Premium, and the CME basis signal a decline in U.S. institutional demand for Ethereum. Experts cite a closed Grayscale arbitrage window and a broader macro risk reassessment as primary causes. The long-term outlook remains bullish, contingent on Ethereum’s utility and real-world asset adoption. Demand for Ethereum…
In brief Bitwise’s Solana ETF BSOL drew $69.5M in debut inflows on Tuesday.. The fund’s low 0.20% fee and direct staking approach contrasts with Rex-Osprey’s Solana Staking ETF. Strong ETF demand comes amid Solana’s 3.1% price decline on the day to $194. Bitwise Asset Management’s spot Solana ETF is off to a promising start.On Tuesday,…
In brief ASIC has released an updated version of Info Sheet 225, expanding how financial-services laws apply to digital assets, including stablecoins, staking, and tokenized products. The guidance introduces new custodial standards and 18 classification examples while reaffirming that Australian law applies to offshore and decentralized platforms serving local users. The update aligns with Treasury’s…
In brief A “runaway bot” drove Hyperliquid’s HYPE token to $98 on Lighter DEX, highlighting thin liquidity risks on DEXs. One trader claimed to have profited to the tune of $600,000 during the anomaly. The DEX erased the price wick from its front end, sparking a debate around data transparency. A “runaway bot” triggered a…
In brief SharpLink Gaming is deploying $200 million in Ethereum from its corporate treasury onto Linea, a layer-2 network. The effort will unfold over multiple years to generate enhanced yields through staking, restaking, and DeFi incentives. SharpLink and Consensys are working to develop institutional capital markets primitives on Ethereum, including on-chain capital raises and tokenized…
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.GM!Today’s top news: Crypto majors fall slightly after weekend rally; BTC -1% at $114,500 SOL holds $200 ahead of Bitwise BSOL ETF launch today (with…
