Decrypt
18.6K subscribers
24.1K photos
4 videos
2 files
31K links
A daily news site covering all things crypto and the decentralized web.
Download Telegram
Tether is Fully Backed by US Dollars, Says Deltec Deputy CEO
https://decrypt.co/55042/tether-is-fully-backed-by-us-dollars-says-deltec-deputy-ceo

Tether (USDT) stablecoins are fully backed by US dollars and “that is not a secret,” said the deputy CEO of Bahamas-based bank Deltec.
PayPal’s Crypto Service Will Drive Up its Stock Price, Says Analyst
https://decrypt.co/55040/paypals-crypto-service-will-drive-up-its-stock-price-says-analyst

BTIG analyst Mark Palmer has upgraded PayPal stock from Neutral to Buy because of its foray into cryptocurrency.
Is Bitcoin halal?
https://decrypt.co/37286/is-bitcoin-halal

With Muslims making up a quarter of the world's population, a clear consensus on the Islamic view of Bitcoin has global implications.
Russia’s Largest Retail Bank to Launch Stablecoin: Reports
https://decrypt.co/55072/russia-bank-sberbank-stablecoin

Sberbank filed an application to the Bank of Russia this month to launch a ruble-pegged digital currency.
Bitcoin ‘Double Spend’ Spooks Software Firm Into $4 Million Sell-Off
https://decrypt.co/55078/nextech-bitcoin-double-spend

NexTech sold 130 Bitcoins, worth roughly $4 million, following suspicions about a potential flaw in the blockchain.
Crypto Gaming Thrived in 2020 as NFT Interest Surged: Report
https://decrypt.co/55086/crypto-gaming-2020-nft-report

Although not at the explosive level of DeFi, blockchain-based gaming saw steady growth across 2020, while marketplaces selling their digital asset collectibles blew up.
Tether Users Flee to TRON From Ethereum Amid High Fees
https://decrypt.co/55082/tether-users-flee-to-tron-from-ethereum-amid-high-fees

Transactions using Tether dollar-pegged stablecoins on the TRON blockchain are outpacing those on Ethereum.
Bitcoin Boom Drives Coinbase Assets on Platform Above $90 Billion
https://decrypt.co/55109/coinbase-bitcoin-crypto-assets-90-billion

In a newly released year-end report, Coinbase boasts of now having more than $90 billion in cryptocurrency assets on its platform.
Redditors Pump GameStop, Trading Halted for Bitcoin-like Volatility
https://decrypt.co/55113/redditors-pump-gamestop-trading-halted-for-bitcoin-like-volatility

Stocks in GameStop, the video game seller, have increased 83% this week, buoyed by vociferous traders on Reddit.
Value Investor Bill Miller Buys MicroStrategy Debt for the Bitcoin
https://decrypt.co/55120/value-investor-bill-miller-buys-microstrategy-debt-for-the-bitcoin

Bill Miller doesn't just want to invest in Bitcoin. He wants to invest in a company that owns a lot of Bitcoin.
Bitcoin’s Price Steadies Following Huge Correction
https://decrypt.co/55126/bitcoins-price-steadies-following-huge-correction

After a harrowing week rife with speculation about a blockchain double spending glitch, Bitcoin’s price stabilised….barely.
Meet the Bitcoin Astrologer on TikTok Who Has 1 Million Followers
https://decrypt.co/55048/meet-the-bitcoin-astrologer-on-tiktok-who-has-1-million-followers

TikTok astrologer Maren Altman uses horoscopes to predict the price of Bitcoin—and sees herself getting rich in the near future.
Jack Dorsey Taps Crypto Vets To Help Design “Decentralized Twitter”
https://decrypt.co/55127/jack-dorsey-taps-crypto-vets-to-help-design-decentralized-twitter

Bluesky is meant to be a “decentralized standard for social media.” It’s slowly taking shape, thanks in part to contributions from members of the InterPlanetary File System team
Coinbase to Sell Stock on Private Market Ahead of IPO: Reports
https://decrypt.co/55136/coinbase-to-launch-secondary-market-for-private-stock-reports

Secondary markets typically allow current and former employees, as well as other vested shareholders, to sell stock ahead of a public offering.
Valkyrie Digital Assets Becomes Latest Company to File for Bitcoin ETF
https://decrypt.co/55141/valkyrie-digital-assets-becomes-latest-company-to-file-for-bitcoin-etf

To date, the SEC has repeatedly shafted applications for Bitcoin ETFs. Will this change under Biden?
Soulja Boy Reveals Which Cryptocurrencies Are In His Portfolio
https://decrypt.co/55144/here-are-the-cryptocurrencies-in-soulja-boys-portfolio

The “Crank That” superstar told crypto Twitter which coins he owns.
Man Loses $27,000 in Bitcoin to Cruel SIM Swap Scam
https://decrypt.co/55137/man-loses-27000-in-bitcoin-to-sim-swap-scam

Reports of SIM swapping scams are increasing. What can you do to protect yourself?
Chainlink Hits a New All-Time High of $25
https://decrypt.co/55152/chainlink-hits-a-new-all-time-high-of-25

2020's grizzliest bear still has some bite.
DeFi Coins Boom as Crypto Market Recovers
https://decrypt.co/55172/defi-coins-boom-as-crypto-market-recovers

The crypto market appears to be recovering, with strongest gains made by coins powering DeFi protocols.
Banned Vape Company Uses Crypto to Fight Counterfeits
https://decrypt.co/55177/banned-vape-company-uses-crypto-to-fight-counterfeits

Cool Clouds join Walmart in the list of commercial vendors using sophisticated blockchain verification methods.
Why Polkadot Is The Hottest Crypto In China
https://decrypt.co/55163/polkadot-china-hottest-crypto

The network is especially popular among developers and investors in China. Here's why.