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Crypto exchange Gemini has recently upgraded its crypto credit card, boosting its rewards rate to 4% back on eligible purchases. While traditional rewards credit cards offer prizes in the form of points or cash, the Gemini Credit Card lets you earn crypto rewards in coins like BTC, XRP, and ETH. To unlock rewards, competitor cards…

The world of Web3 gaming is still searching for its breakthrough moment. The first wave of “play-to-earn” (P2E) games promised to let players earn while having fun, but most collapsed under the weight of unsustainable economies and uninspired gameplay. Tokens inflated and crashed, bots drained rewards, and onboarding felt like solving a puzzle before you…

The crypto market is up today, though just barely, with the cryptocurrency market capitalization rising by 0.1%, now standing at $4.27 trillion. About 40 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $180 billion. TLDR: The crypto market capitalization is…

Crypto exchange Gemini has launched a fully localized operation in Australia, marking its latest move to expand across the Asia-Pacific region amid rising regional demand for digital assets. Key Takeaways: Gemini has established a fully localized operation in Australia after securing registration. Australia’s national crypto adoption rate has reached 31%, up from 28% last year….

Citigroup invested in stablecoin infrastructure company BVNK through its venture capital arm Citi Ventures, which is a sharp reversal from the bank’s previous warnings about deposit flight risks from yield-bearing stablecoins. BVNK’s core technology operates as a payments rail facilitating global stablecoin transactions, allowing customers to move money between fiat and cryptocurrency. US Regulatory Clarity…

Binance’s Japan arm has announced an alliance with cashless payment platform PayPay, to create a seamless digital asset payment rail. Announced Thursday, the partnership will develop “innovative services” and promote “technological collaboration” to connect cashless payments and crypto assets. “By integrating cashless payments and cryptocurrency, we will deliver a seamless financial experience to everyone in…

Coinbase has rolled out decentralized exchange (DEX) trading directly within its mobile app for U.S. users, marking a major expansion of the platform’s on-chain capabilities, though New York residents remain excluded. Key Takeaways: Coinbase has launched in-app DEX trading for US users (excluding New York). Trading begins with Base-native assets from projects like Virtuals AI,…

The Ethereum Foundation announced Wednesday the formation of a 47-member Privacy Cluster coordinated by Blockscout founder, Igor Barinov. The initiative expands on efforts dating back to 2018 through the Privacy and Scaling Explorations team, which has built over 50 open-source research projects and released key primitives, including Semaphore for anonymous signaling, MACI for private voting,…

Shayne Coplan, the founder of Polymarket, has stirred speculation in crypto circles after hinting at the launch of a native token for the fast-growing prediction market. In an X post on Oct. 9, Coplan suggested a $POLY token could eventually rank among the largest cryptocurrencies by market capitalization. The tease comes as Polymarket continues to…

Shares of BitMine Immersion Technologies (BMNR) swung sharply on Wednesday after short-selling firm Kerrisdale Capital announced a bearish position against the crypto treasury company, calling its business model “a relic on the verge of extinction.” Key Takeaways: Kerrisdale Capital shorted BitMine, calling its share-for-Ether strategy “a relic on the verge of extinction.” BitMine, now the…