Decrypt
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A daily news site covering all things crypto and the decentralized web.
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Circle, Ripple, Paxos, Fidelity and BitGo Get Banking Charters Approved by OCC

Circle, Ripple among five stablecoin issuers conditionally approved for national banking charters as market hits $313 billion.
Tether Considers Tokenizing Stock Amid $20 Billion Fundraise: Bloomberg

Stablecoin issuer Tether moved to prevent equity sales as Bloomberg reports plans to raise funds at a $500 billion valuation.
Sorry Gooners: OpenAI's Erotic ChatGPT Delayed Into 2026

Sam Altman breaks his December promise as OpenAI delays ChatGPT's adult content feature into at least Q1 next year.
Solo Bitcoin Miner Beats the Odds, Winning $282K Reward

A solo Bitcoin miner defied the odds and won a block reward worth around $282,000 with the help of mining service, Solo CKPool.
New AI Tool Promises to Decode—And Replicate—Social Video Virality

The startup says its AI can analyze viral videos and generate optimized remixes, though evidence beyond early demos remains limited.
Phantom Crypto Wallet Adds Kalshi Prediction Markets for Over 20 Million Users

Prediction markets are increasingly being integrated directly within crypto wallets, with Phantom and Kalshi revealing the latest team-up.
XRP Is Launching on Ethereum and Solana—Here's Why (and How)

The Ripple-linked XRP will soon be usable in DeFi on other major layer-1 networks like Solana and Ethereum. Here's how.
Coinbase Preps Prediction Market, Tokenized Equities Launch for December 17: Report

Crypto exchange Coinbase is set to launch its own prediction market as they surge in both popularity and scrutiny.
Crypto Giant Tether Makes Offer to Acquire Juventus Soccer Club

Stablecoin firm Tether is making a bid to acquire the famed Serie A Italian soccer club, Juventus, after previously taking a minority share.
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These Bleak Victim Letters Helped Seal Terra Founder Do Kwon's Fate

The judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before sentencing Do Kwon to 15 years in prison.
Vanguard Exec Calls Bitcoin a 'Digital Labubu', Even as Firm Offers Crypto ETF Trading

The Vanguard equity head dismissed Bitcoin as speculative, though the firm still expanded client access to crypto ETFs.
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Transhumanism Branded a 'Death Cult' as Thinkers Clash Over Humanity's Future

A public debate exposed deep divides over whether using technology to defeat aging and death would save humanity or erase it.
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Bitcoin's Recovery Rally Built on Shaky Ground as BTC Slips Under $90K

Bitcoin's recent 15% rally was driven by short covering, but a sustained recovery is possible with a short squeeze and uptick in spot demand.
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UK Treasury Plans to Bring Crypto Firms Under Full FCA Oversight

The proposed legislation would move crypto beyond AML rules and into the UK’s core financial oversight framework by late 2027.
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Morning Minute: The SEC & OCC Usher In Crypto Era

Two major actions from late last week signal that crypto is fully entering the mainstream, with full regulatory buy in.
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Strategy Adds Nearly a Billion Dollars in Bitcoin for Second Straight Week

Michael Saylor’s firm is still buying big, adding $980 million worth of Bitcoin—slightly more than last week’s BTC haul.
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Terra Founder Do Kwon May Face South Korean Trial Despite 15-Year US Prison Sentence

In South Korea, Do Kwon could potentially serve more than 30 years for his crimes, according to a local media report.
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JPMorgan Taps Ethereum for Tokenized 'MONY' Fund

JPMorgan Chase will begin offering an Ethereum-based, tokenized money-market fund called "MONY" to qualified investors on Tuesday.
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Tom Lee's BitMine Keeps Buying Ethereum, Adding $320 Million to ETH Treasury

Ethereum treasury firm BitMine Immersion Technologies added to its balance sheet last week, acquiring around $320 million in ETH.
Rekt Invitational Marks ‘Largest Live Streamed’ Crypto Golf Event

The event brought together prominent crypto figures with social media golfers and digital creators at Miami’s Normandy Shores Golf Club.
Ripple to Expand $1.3 Billion RLUSD Stablecoin to Ethereum Layer-2 Networks

To support the growth of its RLUSD stablecoin, Ripple said the token is expanding next year to layer-2 networks on Ethereum.