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A daily news site covering all things crypto and the decentralized web.
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Bitwise Now Manages $500 Million in Cryptocurrency
https://decrypt.co/53112/bitwise-exceeds-500-million-in-assets-under-management

Bitwise has increased its assets under management by 400% since October 2020.
Three Arrows Boosts Grayscale Bitcoin Trust Holdings to $1.3 Billion
https://decrypt.co/53121/three-arrows-capital-grayscale-bitcoin-trust-holdings-1-3-billion

The Singapore-based fund now holds more than 38.8 million shares as Grayscale’s fortunes continue to rise.
DeFi Hits Historic $17.5 Billion Locked, But ETH Is Still Flowing Out
https://decrypt.co/53122/defi-historic-17-billion-locked-eth-flowing-out

Total value locked in DeFi is higher than ever, but the surging prices of ETH and BTC are leading users to pull those assets out.
Ukraine Taps Stellar Foundation to Develop National Digital Currency
https://decrypt.co/53131/ukraine-stellar-national-digital-currency

The organization behind XLM will work to create a CBDC for Ukraine, as well as help develop its digital asset and stablecoin infrastructure.
Scaramucci's $25 Million Bitcoin Fund Opens to Investors
https://decrypt.co/53139/scaramuccis-25-million-bitcoin-fund-opens-to-investors

SkyBridge Capital hedge fund touts Bitcoin as “better at being gold than gold.”
Crypto Exchange Uphold Is Standing By Ripple’s XRP. Here’s Why
https://decrypt.co/53127/crypto-exchange-uphold-ripple-xrp-sec

While most leading exchanges in the US have begun to shut their doors to XRP, Uphold is bucking the trend, despite the SEC.
Nearly $10 Trillion Settled On Bitcoin Blockchain Since 2009
https://decrypt.co/53149/nearly-10-trillion-settled-on-bitcoin-blockchain-since-2009

Bitcoin is about to cross a major milestone after a decade of progress, with total transfer volume poised to top $10 trillion.
US Treasury to Allow Blockchains, Stablecoins for Bank Payments
https://decrypt.co/53152/us-treasury-to-allow-blockchains-stablecoins-for-bank-payments

The Office of the Comptroller of the Currency issued an interpretive letter that could help make crypto payments mainstream.
IRS Says Tax Filers Must Answer for Crypto Purchases
https://decrypt.co/53154/irs-says-tax-filers-must-answer-for-crypto-purchases

The IRS has clarified that US tax filers must check "yes" on the tax agency's cryptocurrency question if they bought crypto in 2020.
Bitcoin and Ethereum Bounce Back After Banking Green Light
https://decrypt.co/53162/bitcoin-and-ethereum-bounce-back-after-banking-green-light

After dropping $5,000 in a matter of hours yesterday, Bitcoin's price has recovered thanks to new regulatory clarity in the US.
The Bitcoin Premium on Korean Exchanges Is Back
https://decrypt.co/53159/the-bitcoin-premium-on-korean-exchanges-is-back

Bitcoin's rise in the past weeks has brought back the “Kimchi premium,” a so-called phenomenon for higher prices on Korean exchanges.
Bitcoin Price May Reach $146,000 Over Long Term, Says JP Morgan
https://decrypt.co/53173/bitcoin-price-may-reach-146000-over-long-term-says-jp-morgan

While Bitcoin’s volatility and speculative mania might push its price higher than $100,000, such levels “would prove unsustainable,” said JPMorgan’s strategists.
Coinbase, Square Rally Against FinCEN's Proposed Crypto Rules
https://decrypt.co/53178/coinbase-square-rally-against-fincens-proposed-crypto-crackdown

Some of the biggest crypto companies in the world have opposed FinCEN’s hopes for crypto regulation. Here’s what they have to say.
An Astonishing $2 Billion Is Now Staked in Ethereum 2.0
https://decrypt.co/53189/an-astonishing-2-billion-is-now-staked-in-ethereum-2-0

The staking protocol is oversubscribed by over 428% of its requisite threshold. It's now the fifth biggest staking network in the world.
Grayscale Sells All XRP in Large Cap Fund for Bitcoin, ETH
https://decrypt.co/53198/grayscale-sells-all-xrp-in-large-cap-fund-for-bitcoin-eth

Digital asset manager Grayscale Investments has sold all the XRP in its Digital Large Cap Fund. It has bought Bitcoin and other coins instead.
One River Makes One of the Largest Cryptocurrency Trades in History
https://decrypt.co/53200/one-river-makes-one-of-the-largest-cryptocurrency-trades-in-history

One River Asset Management has made one of the largest ever cryptocurrency investments, according to crypto exchange Coinbase.
These Fake Crypto Apps Will Steal Your Bitcoin
https://decrypt.co/53212/fake-crypto-apps-steal-bitcoin-electrorat

The ElectroRAT malware has infected thousands of users over the last year in search of crypto keys. Here’s what you need to know.
Major Ripple Investor Sues Firm Following SEC Action
https://decrypt.co/53224/major-ripple-investor-sues-firm-following-sec-action

Tetragon Financial Group led the company’s Series C funding round. Now, it's suing Ripple in a bid to redeem its stock.
Ripple Partner MoneyGram Avoids Shareholder Lawsuit
https://decrypt.co/53216/ripple-moneygram-avoids-lawsuit

The money transfer company has dodged a new shareholder lawsuit regarding anti-fraud protections.
This Grayscale Investment Strategy May Be Driving Up Ethereum’s Price
https://decrypt.co/53227/grayscale-investment-strategy-driving-up-ethereum-price

Institutional investors borrowed ETH to profit off the Grayscale Ethereum Trust. Now they’re having to pay it back as ETH climbs higher.
'Teleport' to Ethereum 2.0 With This New Staked ETH Pool
https://decrypt.co/53211/teleport-to-ethereum-2-0-with-this-new-staked-eth-pool

A new Curve Finance pool should make it easier to support Ethereum 2.0 and still use DeFi built on Eth1.