Decrypt, the news company that covers crypto and web3, has signed a letter of intent to merge with Rug Radio, a decentralized media company for web3 creators, executives told Axios. The big picture: The merger marks the third major crypto media deal in the past month.

Brahma initially started as a DeFi structured products protocol, packaged in the form of vaults. While the vaults are still live and generating consistent yield for the depositors, the Brahma team decided to utilize the learnings from running a set of sophisticated DeFi strategies with custom monitoring and execution automated infrastructure to build Console – a product for broader DeFi.

Outlining a path to a permissionless protocol owned and governed by all of humanity

If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027.

Stacks development team plans to complete the Nakamoto upgrade before next year's Bitcoin halving event in April.

Kraken argued that the SEC is “demanding compliance with a regime that doesn’t exist” in response to the regulator’s Monday lawsuit against the crypto exchange.

Trading interest in DOGE bets rose more than 40% in the past 24 hours to reach the highest level since April.