Everything web3, crypto, defi, degen
In brief Banking groups have demanded that Congress close “loopholes” in the new GENIUS Act that allow stablecoin interest payments through exchanges and third parties. The banks warned of a $6.6 trillion deposit flight risk that could disrupt traditional lending and increase borrowing costs. Industry momentum continues with major crypto firms such as Paxos and…
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 mixed ahead of CPI; ETH leads +2% to $4,280 ETH ETFs post first $1B day; Tom Lee acquires 1.2M ETH…
In brief Healthy beverage company Safety Shot Inc. is pivoting to become a crypto treasury firm, receiving $25 million in BONK on Monday. Pseudonymous core contributor Nom is set to join the Safety Shot team in a strategic position, and says it is targeting up to 5% of the meme coin’s total supply. At current…
In brief Vitalik Buterin, the co-founder of Ethereum, is a billionaire following ETH’s 20% weekly rise. Wallets connected to Buterin hold $1.045 billion worth of assets, mostly Ethereum. ETH’s recent surge has seen it pass several traditional companies in market capitalization, including defence contractor Palantir. Ethereum co-founder Vitalik Buterin is an “on-chain billionaire” again, as…
In brief A weaker U.S. dollar and firmer expectations of a near-term Federal Reserve cut are supporting risk assets. Recent U.S. guidance on liquid staking and stablecoins, together with directives opening retirement plans to crypto and curbing de-banking, reduces regulatory overhangs. ETF sponsorship and growing corporate treasuries continue to add demand while coins migrate off…
In brief CrediX’s team “has disappeared” following a $4.5 million exploit. A CrediX security report was addressed to users with “Fam.” Stability DAO, which was affected, is prepping a legal report. CrediX’s team has grown increasingly quiet since hackers swiped $4.5 million worth of crypto from the decentralized finance protocol on Monday.On Friday, blockchain security…
Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain Faces Mounting Exchange Pressure as DFI Listings Come Under ThreatThe DeFiChain community needs to understand what’s happening with our exchange listings. Recent weeks have brought challenging…
RATE CUT ODDS SOAR, PROJECT CRYPTO, TRUMP TARIFFSCrypto rises as Fed pivot bets build, SOL leads. ETH sees ATH ETF outflow. BMNR bought 200k ETH in past week. Vitalik proposes multidimensional ETH fees. US set to fine banks for crypto discrimination. SEC issues guidance on stablecoin accounting. Chainlink launches US equity data streams. Anti-Crypto Warren…
SOL LEADS MAJORS, HUGE ETF OUTFLOWS, PUMPFUN PROMISES CHANGESCrypto rises as Fed pivot bets build, SOL leads. ETH sees ATH ETF outflow. BMNR bought 200k ETH in past week. Vitalik proposes multidimensional ETH fees. US set to fine banks for crypto discrimination. SEC issues guidance on stablecoin accounting. Chainlink launches US equity data streams. Anti-Crypto…
In brief Verb Technology said that it is rebranding to TON Strategy The firm will accumulate Toncoin using proceeds from a private placement. The company’s stock price soared 140% on Monday. Verb Technology will use $558 million in proceeds from a private placement to begin stockpiling and staking Toncoin, the Las-Vegas based marketer said in…
