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For decades, the benchmark for US risk lived on US time. S&P 500 opened at 9:30 a.m. Eastern and closed at 4:00 p.m., with premarket whispers and after-hours fragments filling the gaps.On Mar. 18, that constraint began to crack. S&P Dow Jones Indices licensed the S&P 500 to Trade[XYZ] to launch the first officially sanctioned perpetual derivative based on the benchmark on Hyperliquid, available to eligible non-US investors using institutional-grade index data.The ecosystem surrounding the S&P 500 already processes more than $1 trillion in daily trading volume across linked exposures. Now, a piece of that exposure can trade 24/7/365, including…

In brief BlackRock’s ETHB has reached $254 million in AUM, with $146 million flowing in since its March 12 debut. The fund stakes 70–95% of its ETH and passes 82% of staking rewards to investors through monthly payments. ETHB enters a market where Grayscale and REX-Osprey already offer staked Ethereum products. BlackRock’s iShares Staked Ethereum Trust has reached $254 million worth of assets under management after launching a week ago. That means investors have bought $146 million worth of shares since the fund debuted, on top of more than $100 million seeded in the fund.BlackRock launched the iShares Staked Ethereum…

Metaverse land never recovered. The numbers now show how far it fellThe biggest metaverse land deals of the 2021 and 2022 boom now map to four- and five-digit values when priced against current collection floors, rather than the six- and seven-figure valuations buyers once paid.The decline runs through the entire metaverse land trade. A CoinGecko study found that average metaverse land prices were already down 72% from their highs by June 2024, with Sandbox off 95%, Decentraland off 89%, and Otherdeed for Otherside off 85% from peak-cycle average floor levels.The famous parcels that once stood in for scarcity and status…

Galaxy Digital’s latest report says the risk that quantum computing could compromise Bitcoin is real, but so is the work underway to protect the network. The firm’s research frames the issue as a long-term engineering and governance challenge rather than an imminent crisis, with developers already building tools that could reshape how the network secures trillions in value. At the center of the concern is a simple premise. Bitcoin relies on cryptographic signatures to prove ownership of coins. Those signatures, based on elliptic curve cryptography, are considered secure against classical computers.  How Quantum Computing could break Bitcoin A sufficiently advanced…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP price is showing signs of a recovery after breaking above the $1.4 resistance that had held it down for weeks. As the cryptocurrency attempts to climb even higher, market analysts remain divided on its next move, outlining three possible price paths. At the same time, the XRP Ledger (XRPL) is surging, with ecosystem usage reaching new levels. This spike in on-chain activity is helping to fuel new optimism and could play a key role in supporting XRP’s upward momentum.  Analyst Outlines Three Scenarios For The…

In brief Prediction market Myriad, owned by Decrypt’s parent company Dastan, has successfully closed its seed investment round. Funds investing in the round include MoonPay Ventures, Auros, EVG, Side Door Ventures and Verda Ventures, while individual investors include Fundstrat co-founder Tom Lee, Blondish and Pudgy Penguins CEO Luca Netz. The funds will enable Myriad to “invest aggressively in product development, liquidity, and market expansion,” said CEO Loxley Fernandes. Prediction market Myriad has successfully closed its seed investment round with participation from investors including MoonPay, Walrus and Fundstrat co-founder Tom Lee.Myriad co-founder and President Farokh Sarmad said that the investment round…

Disclosure: This is a paid article. Readers should conduct further research prior to taking any actions. Learn more ›Trading begins on MEXCPlaynance’s G Coin has entered open-market trading, with the G Coin/USDT pair going live on MEXC after the project’s Token Generation Event on March 18.MEXC’s official announcement said deposits were open and withdrawals would begin on March 19, while the exchange’s live G Coin page shows the pair as active. For Playnance, that shifts G Coin from an ecosystem-native utility token into a publicly traded asset with continuous price discovery.The listing matters because Playnance is not presenting G Coin…

In brief The UK’s Companies House has moved to dissolve Zedxion Exchange Ltd over “misleading, false or deceptive” filings. The U.S. sanctioned the exchange in January over alleged activity linked to Iran’s Revolutionary Guard. Blockchain data suggest over $1 billion in funds has been moved by Zedxion and a sister entity. Britain’s company register, Companies House, has moved to dissolve Zedxion Exchange Ltd., a cryptocurrency platform accused of processing funds for Iran’s Islamic Revolutionary Guard Corps (IRGC), according to a notice published on its website.The action follows U.S. sanctions imposed in January by the Treasury’s Office of Foreign Assets Control…

In brief Sentiment in the crypto market has flipped back to “extreme fear” as Bitcoin falls. The top crypto asset dipped below $69,000 Thursday morning. Nevertheless, predictors on Myriad favor a jump to “neutral” sentiment ahead of a fall to a strong “extreme fear” rating. Crypto market sentiment has shifted back to “Extreme Fear” as Bitcoin has fallen below $70,000, giving up recent gains that some traders hoped signaled a return to greener pastures.The top crypto asset provided traders with a brief spike above $75,000 earlier this week on Monday, but the momentum was short-lived as BTC is trading around…

In brief A Los Angeles rideshare driver has been charged with wire fraud after allegedly obtaining more than $2 million in COVID-19 business relief loans on behalf of non-existent companies. Prosecutors allege the funds were used to purchase crypto instead of supporting legitimate business operations. Nearly 40 BTC were seized by federal prosecutors as part of the investigation. A Los Angeles rideshare driver has been arrested on federal charges alleging he fraudulently obtained more than $2 million in COVID-19 pandemic business loans and used the funds to purchase cryptocurrency, according to the U.S. Attorney’s Office for the Central District of…

The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain?FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance treatment as traditional bank accounts.That distinction may prove decisive.If banks can offer on-chain dollars that preserve deposit insurance while stablecoins cannot, the competitive balance shifts. Stablecoins may still dominate open networks, but banks would retain the core advantage that has always anchored the financial system: insured…

Strive, Inc., the corporate treasury firm founded by Vivek Ramaswamy, reported that it amassed 13,628 bitcoin as of March 17, 2026, placing the company among the top 10 corporate holders globally.  The accumulation came in the roughly six months following Strive’s September 2025 public listing, even as the company posted a GAAP net loss of $393.6 million for the period ending December 31, 2025. The bulk of Strive’s bitcoin holdings came from multiple sources. Initial private investment proceeds and stock exchange activity contributed 5,886 bitcoin, while the acquisition of Semler Scientific, Inc. added approximately 5,048 bitcoin, the company said. Semler…

In brief A new protocol called OP_NET has launched on the Bitcoin network, aiming to enable DeFi-style applications on the base layer. The system processes contract calls through standard Bitcoin transactions rather than sidechains or wrapped BTC. Founders say the design avoids Ordinals-related blockchain bloat and operates without issuing a new token. A new protocol launching this week aims to finally bring actual decentralized finance directly onto Bitcoin’s base layer, allowing trading, token issuance, and other applications to run through standard Bitcoin transactions.According to the project’s founders, the goal is to make Bitcoin itself the home for DeFi rather than…

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. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors fall as Iran War escalates and inflation comes in hot; BTC -4% at $70k TradeXYZ secures license from Dow Jones for S&P 500 index; HYPE briefly soars Congressmen say Clarity Act has to pass by mid-May or won’t get done Kraken delays IPO plans while Citi downgrades Gemini…