Decrypt
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A daily news site covering all things crypto and the decentralized web.
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Coinbase CLO: Clarity Act Deal on Stablecoin Yield 'Very Close'

The crypto exchange's top lawyer dismissed banking industry concerns about deposit flight as lawmakers work to finalize stablecoin provisions.
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Metaplanet Adds 5,075 BTC in Q1, Becomes Third Largest Bitcoin Treasury

The Tokyo-listed firm is now the third-largest Bitcoin treasury company—though that's partly down to MARA Holdings' recent sale of 15,000 BTC.
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US Attorney's Office Recovers $600K in Crypto Fraud Scheme Targeting Ledger Wallet Owners

Federal prosecutors in Connecticut seized over $600,000 in crypto linked to a fraud case that hit at least one Ledger hardware wallet user.
CFTC Settles With Former FTX Engineer for $3.7M, Closing First Individual Case

He built systems that moved billions in customer funds. Now, the CFTC has closed his case with no civil penalty, citing his cooperation.
Solana Meme Coin Linked to Death Hoax for 194-Year-Old Tortoise—Who Is Very Much Alive

Jonathan, a nearly 200-year-old tortoise, was widely mourned Wednesday—but his purported demise was a hoax, and there's a crypto connection.
Ethereum Founder Vitalik Buterin Details His 'Private' and 'Secure' AI Setup

Ethereum co-founder Vitalik Buterin detailed his local-first AI stack in a new blog post, including custom tools that rely on human approval.
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Coinbase Gets Conditional Approval From Banking Regulator—But Isn't Launching a Bank

Coinbase said Thursday that it is the latest crypto firm to secure a conditional bank charter from the Office of the Comptroller of the Currency.
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Quantum-Powered Crypto Mining Is Here—But It Won't Help You Mine Bitcoin

Quip Network's creators say it's optimized for mining by quantum computers—a positive, unlike the looming quantum threat to Bitcoin.
AI Could Become 2,000 Times More Efficient by Copying the Brain: Study

Researchers from Loughborough University are looking into a new type of computer chip that could make AI far more energy efficient.
Trump Admin Backs Prediction Markets With Lawsuits Against Illinois, Arizona and Connecticut

The lawsuits, jointly filed by the Justice Department and the CFTC, mark the most forceful move yet by the Trump administration to free prediction markets from state gambling regulations.
Coinbase Links Up With Linux Foundation to Launch x402 Foundation

The new group will steward an open standard for embedding payments into web interactions.
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Google Jumps Back Into the Open Source AI Race With Gemma 4

The 31B model ranks third among all open-weight models worldwide. Apache 2.0 licensing, four sizes from phone to workstation, and a US open-source scene that badly needed a win.
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Google Jumps Back Into the Open Source AI Race With Gemma 4

Google drops Gemma 4, a family of open models under the Apache 2.0 license, just as the U.S. open-source scene badly needed a win.
Drift Protocol's $285 Million Exploit on Solana Raises Questions Over DeFi Security

A blockchain security expert compared Drift’s lapse in security to Ethereum network Ronin's $625 million loss in 2022.
Elon Musk's X Is Making Big Changes to Combat Crypto Scams

Will Elon Musk's X finally zap crypto scams? Here's why one exec says the changes "should kill 99% of the incentive."
Google Researchers Reveal Every Way Hackers Can Trap, Hijack AI Agents

A Google DeepMind paper maps six attack categories against autonomous AI agents—from invisible HTML commands to multi-agent flash crashes.
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USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility

Publicly traded stablecoin issuer Circle is launching a new token, cirBTC, its own wrapped Bitcoin alternative.
Naoris Launches Post-Quantum Blockchain as Bitcoin, Ethereum Devs Scramble to Face Threat

Naoris Protocol says its blockchain network uses quantum-resistant cryptography, as the wider crypto industry prepares for future threats.
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Polymarket Inks US, Canada Deal with European Soccer League LaLiga

The multi-year partnership covers the US and Canada, marking Polymarket's continued expansion into traditional sports markets.
Algorand Soars Double-Digits On Google ‘Post-Quantum Protocols’ Citation

Algorand jumped following its mention in a Google research paper, as post-quantum cryptography emerges as a new crypto narrative.
Cambodia Advances Law Targeting Crypto Scam Compound Kingpins with Life in Jail

The draft law would impose prison terms of up to life for those running the scam compounds behind billions of dollars in crypto fraud.