butterscotch is the only media outlet exclusively covering news about inclusion in Web3, DeFi, crypto. CHEWS is our inaugural, weekly newsfeed, providing timely policy updates, industry trends, market research.
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NEW EPISODE DROPS TOMORROW |
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What We're Reading & Streaming |
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New York Sues Coinbase, Gemini Over Crypto Exchanges’ Prediction Markets. Federal and state regulators have been sparring over who has oversight of the platforms. - WSJ
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Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO hack. - CoinDesk
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Crypto's massive hack may force big banks to rethink their blockchain plans, Jefferies warns. The $293 million Kelp DAO hack has exposed critical infrastructure risks, leading Jefferies to suggest that traditional financial firms may pause their blockchain initiatives to prioritize security. - CoinDesk
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A Mar-a-Lago conference for top investors in Donald Trump’s $TRUMP crypto token featuring the president himself is drawing much less trading than a similar event last year…”Nobody likes it,” said Morten Christensen, a crypto investor who still plans to attend the Mar-a-Lago event and was at the 2025 dinner. “People are losing on the coin, and they are vocal. They are the people on Twitter like, ‘Fuck this coin’ or ‘It’s a scam.’ And they’re right, basically.” - POLITICO
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Top buyers of Trump meme coin join Mike Tyson, others at lavish Mar-a-Lago event. Top holders of Donald Trump’s meme coin got a conference at Mar-a-Lago, featuring Trump-branded swag and potential facetime, even as the coin has lost value. - Washington Post
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Crypto Billionaire Accuses Trump Family’s World Liberty of ‘Criminal Extortion’. Justin Sun said he lost out on $276 million when the Trump-backed company blocked him from cashing out early investment. - WSJ
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Running out of time on Clarity. May is the month to watch. - CoinDesk
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GOP called DOC Secretary Howard Lutnick to reverse crypto PAC's Texas move. - Axios
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Admiral Samuel Paparo, head of US Indo-Pacific Command, told two congressional panels this week that the military is running a live Bitcoin node for cybersecurity testing and views the protocol as a tool of national power in competition with China. - CoinDesk
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Delivery firm DoorDash will use Stripe's payments-focused blockchain, Tempo, to pay its Dashers in stablecoins in more than 40 countries. - Decrypt
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More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan. Gaming took 63% of all Web3 venture funding in 2022, but by 2025 its share had fallen to single digits as capital rotated into AI, real-world assets and layer-2 infrastructure. - CoinDesk
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- Crypto-miners are quietly colonising computers. Hijacking processing power cuts costs. - The Economist
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Global Cooperation on Stablecoins Critically Important, BIS Report Says. - Reuters [Read BIS Remarks]
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- Cryptocurrency Contributions to Political Committees: An Analysis of State Regulatory Approaches. - National Law Review
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🎥 Niche Crypto Media Growth |
During White House Correspondents’ Dinner Weekend, butterscotch Media hosted a virtual media forum moderated by Remy Blaire, News Anchor & Managing Editor at FintechTV, to spotlight niche digital finance media founders. They explored how content-creation platforms covering crypto, fintech are building audience-trust, navigating AI tools. [WATCH]
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Last week, Cleve Mesidor spoke on a panel about tokenization during the 2nd Eve Wealth Summit in Phoenix. She highlighted that tokenization is a viable use case for small businesses and micro-financial institutions.
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butterscotch is a digital news studio broadcasting stories about Black, Latino, Indigenous DeFi retail investors, Web3 consumers, founders, executives, officials. The virtual newsroom - featuring eNews, Podcast, Live Events – seeks to deepen mainstream understanding of diverse segments of the emerging $4 trillion crypto industry.
Cleve Mesidor, CEO & Managing Editor
Ashlynn Mesidor, CTO & Co-Founder
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