Decrypt
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A daily news site covering all things crypto and the decentralized web.
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Fed Moves to Permanently Drop ‘Reputational Risk’ From Bank Supervision

Supporters say clearer rules are needed to replace informal supervisory pressure, as lawmakers and industry push Congress to settle crypto banking access.
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Arizona Senate Advances Bill to Create Digital Assets Reserve Fund

The bill would allow Arizona to hold Bitcoin, XRP, Digibyte, stablecoins, and NFTs in a state-managed crypto reserve.
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Bitcoin's Path to Recovery 'Unclear' Amid Macro Headwinds

Bitcoin has flashed rare bottom signals, but macro headwinds are keeping a sustained recovery at bay, analysts told Decrypt.
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Morning Minute: Ethereum's Next Upgrade Features Censorship Resistance

Ethereum is going back to its cypherpunk ethos with FOCIL—but it could create compliance issues down the line.
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Solana DeFi Project Step Finance to Wind Down Weeks After $29M Hack

The Solana projects made the "difficult decision" to cease operations after January's treasury breach and subsequent failed rescue efforts.
Bitcoin Traders Expect More Pain Ahead After BTC Falls 50% From Peak

Bitcoin dropped below the $63,000 mark overnight, falling more than 50% from its October peak as traders project a further dip ahead.
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Ethereum Foundation Starts Staking Treasury Amid Vitalik Buterin's ETH Sales

The Ethereum Foundation began staking ETH as part of new treasury operations amid a string of sales from co-founder Vitalik Buterin.
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Trump’s White House Has One View of Crypto Legislation. His Family’s Crypto Company Has Another

World Liberty Financial is backing Coinbase on the crypto market structure bill debate, even as the White House criticizes the company.
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WisdomTree Gets SEC Nod to Enable Instant Settlement for Tokenized Money Market Fund

WisdomTree is enabling instant settlement for its tokenized money market fund, indicating its product won't be limited by Wall Street’s pace.
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Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power

Despite incredibly long odds, someone scored a $200K BTC block reward after spending just $75 to rent Bitcoin mining power.
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South Korean Man Faces Murder Charge Over Bitcoin Bet Gone Bad

Prosecutors in Seoul say a man poisoned his business partner after the colleague mismanaged his Bitcoin investments.
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After Donating $35 Million to Trump PAC, Crypto.com Scores Wins From Regulators

Weeks after giving another $5 million to a pro-Trump PAC, the exchange received lawsuit aid from the CFTC and a bank charter from the Treasury Department.
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'Stablecoin Summer': Stripe Makes Tender Offer at $159 Billion Valuation

Payments giant Stripe made a tender offer valuing the firm at $159 billion as payments and stablecoin volumes rise.
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OpenAI Says Benchmark Used to Measure AI Coding Skill Is 'Contaminated'—Here's Why

OpenAI wants to retire the leading AI coding benchmark—and the reasons reveal a deeper problem with how the whole industry measures itself.
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Bitcoin Depot Will Require ID for 'Every Transaction' at ATMs Amid Growing Pressure

Bitcoin Depot will begin verifying customers’ identities each time they use its ATMs, voluntarily refining its compliance procedures.
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Coinbase, Kraken and Binance Push Deeper Into Tokenization as Capital Shifts

Tokenized real-world assets have continued to expand despite a broader market slide, with assets distributed on-chain up nearly 300% year over year.
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Treasury Sanctions Russian ‘Exploit’ Broker Over Stolen US Cyber Tools

It marks the first use of the Protecting American Intellectual Property Act, targeting a firm accused of brokering stolen U.S. cyber tools.
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Stripe in Early Talks on Potential PayPal Deal: Bloomberg

The deal could combine two major payments firms already expanding into stablecoin and crypto infrastructure.
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Bitcoin Ticks Higher as Markets Weigh Trump Address, Broader Risk Sentiment

Bitcoin remains sensitive to broader risk sentiment, with traders positioning ahead of Nvidia’s earnings and a rebound in global stocks.
Coinbase CEO Pushes Back on UK Stablecoin Caps as Token Profits Surge

The proposal would cap stablecoin holdings and curb yields, a move critics say could push liquidity overseas as stablecoins become a core revenue stream.
Judge Dismisses xAI Trade Secrets Lawsuit Against OpenAI, Allows Refiling

A federal judge has ruled that xAI's complaint failed to connect OpenAI to any alleged theft by former employees.