Author: NBTC

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 jump on 401(k) news; ETH passes $3,900 SEC and Ripple drop legal battle for good; XRP jumps 7% FGF files to raise $5B to build an ETH Treasury ChainLink announces ChainLink reserve and LINK buybacks Pump.fun announces Glass Full Foundation, spends $1.69M buying memes 🏦 Crypto in Your 401(k)? It’s Happening Trump signed an executive order opening retirement accounts to crypto…

Wilder World launched a high-intensity shooter game mode into “super early access” at the annual Gamescom conference on Wednesday. The Ethereum-based project aims to create a broad metaverse of gaming experiences, which kick-started last year with the launch of the racing game Wilder Wheels in partnership with Lamborghini. The PC-based shooter is a 10-player free-for-all deathmatch that blends first and third-person perspectives. Available on Epic Games Store, each match will last for 10 minutes, with players earning points as they battle in a fragment of Wiami—which is a 1:1 recreation of Miami, and the future foundation of its open-world metaverse.…

The energy that can be felt today in the blockchain and crypto world is palpable, especially when it comes to artificial intelligence (AI). More and more companies in the sector are taking decisive steps towards the integration of these two technologies, no longer as simple experiments, but as central strategies for the future. The meeting between AI and blockchain seems almost natural: on one side, AI generates new possibilities and an abundance of data; on the other, blockchain ensures scarcity, trust, and value. Together, they create an innovative and reliable system. During a recent session dedicated to AI and crypto,…

Fundstrat co-founder Tom Lee, while evaluating the rise in the markets after the Consumer Price Index (CPI) data announced in the US came in better than expected, said that Ethereum has the potential to even surpass Bitcoin in the long run. Speaking to CNBC, Lee stated that the strong liquidity environment will be positive for the financial sector, small-cap stocks, and cryptocurrencies, saying, “Ethereum has surged 28% this year, outperforming Bitcoin. According to our research, Ethereum could be the biggest macro trade of the next 10-15 years.” Lee explained that this optimism stems from the growth of the stablecoin ecosystem…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As cryptocurrencies are coming out of the shadows, brokers’ clients become more interested in crypto investing than ever before — nearly all surveyed financial advisors report that customers are asking about crypto investments. Among wealthy investors, in particular, high-net-worth individuals, this interest is even stronger — оn average, they already put around 15% of their portfolios into alternative assets like cryptocurrencies. Summary Most brokers are missing the mark on crypto — only 35% offer direct access, despite…

Key Highlights: Backpack Exchange to publish Proof of Reserve daily. The reserve ratio is 100.42%, this indicates that there are more reserves than customer balances. The assets are diversified across SOL, USD, BTC and ETH, which ensure strong liquidity. Backpack Exchange, a well-known name in the field of cryptocurrency after the collapse of FTX, has announced that it will be publishing its Proof of Reserves every single day, verified and built by the acclaimed blockchain security firm OtterSec. This development will shape the way exchanges develop transparency and trust amongst its users. This move by Backpack Exchange shows that it…

Even as Bitcoin cools off from its new all-time high, activity on the network has surged, pushing mining difficulty to fresh highs. The Bitcoin network difficulty now stands at a record high of 129 trillion. That’s a 6.4% increase over the past 90 days, according to CoinWarz. The difficulty was nearly this high in early June, when it inched past 126 trillion for the first time ever. The higher the difficulty the harder it becomes for miners to successfully add new blocks and earn rewards. There may be some relief coming. The difficulty, which adjusts automatically roughly every two weeks,…

Stablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from software development firm Informal Systems, according to a Monday press release. Several people from Informal Systems will join Circle as part of the acquisition. The firms didn’t reveal details about pricing. The deal comes as Circle, the company behind the $65 billion USDC (USDC) token, announced last week it’s building its own layer-1 blockchain designed for stablecoin finances, a recent trend among asset issuers aiming to capitalize on the booming sector. Stablecoins, a set of cryptocurrencies with prices tied to an…

An early Ethereum ICO investor has moved to sell a fresh batch of his stash as prices trade near multiyear highs. Blockchain records show the wallet, which bought 100,000 ETH during the 2014 ICO for about $31,000, sold 4,283 ETH. This recent transaction, according to Lookonchain data, is worth roughly $18.97 million. Ethereum whale’s sales since 2021 It is worth noting that the same address has been selling consistently since 2021. In total, it has offloaded 44,284 ETH over the last few years at an average price of $2,378. These sales have brought in around $105 million in profit. Despite…

The order dubbed ‘401k crypto Trump’ have raised the crypto market by 2.7%, as the bill would allow retirement accounts to invest in digital assets alongside other types such as real estate and private equity. Summary 401k crypto Trump’ has allowed for cryptocurrency and other digital assets to be added to American retirement accounts. President Trump’s executive order could unlock part of the nearly $9 trillion invested by U.S. citizens, injecting long-term capital into the market Although the order is still fresh, the executive order managed to boost the overall crypto market cap by 2.7% On August 7, President Donald…