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A daily news site covering all things crypto and the decentralized web.
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Reddit Taps Ethereum Foundation to Scale Crypto Rewards
https://decrypt.co/55731/reddit-ethereum-foundation-scale-crypto-rewards

After last year’s Scaling Bake-Off, the popular discussion board has aligned with the Ethereum Foundation to develop open-source scaling solutions.
A New $180M Bitcoin Trust Just Hit the Toronto Stock Exchange
https://decrypt.co/55709/ninepoint-bitcoin-trust-toronto-stock-exchange

Toronto-based investment firm Ninepoint Partners launched the fund today following the biggest IPO of its kind.
Bitcoin May 'Break Down': Bank for International Settlements
https://decrypt.co/55766/bitcoin-may-break-down-bank-for-international-settlements

BIS General Manager Agustin Carstens said that Bitcoin is ultimately a risky investment but that CBDCs are better.
Tranching Helped Fuel 2008 Financial Crisis. Now It’s Coming to DeFi
https://decrypt.co/55774/tranching-helped-fuel-2008-financial-crisis-now-coming-defi

In a newly released report, ConsenSys Codefi pointed to a coming DeFi innovation that demonstrates the benefits and risks of building financial instruments with money legos.
Fed Continues Monetary Policy That Aided Bitcoin Price Rise
https://decrypt.co/55773/federal-reserve-leaves-economic-policy-unchanged

The Federal Reserve is keeping its interest rates near zero—but what does this mean for Bitcoin?
Discord Bans WallStreetBets, the Group That Boosted GameStop
https://decrypt.co/55784/discord-bans-wallstreetbets-the-group-that-boosted-gamestop

The chat service felt WallStreetBets was sowing too much discord—but not because the group has been pumping GameStop stock.
Mark Cuban Reveals What's in His Ethereum Wallet
https://decrypt.co/55794/mark-cuban-reveals-whats-in-his-ethereum-wallet

Hint: He holds a lot of "shitcoins."
Bitcoin and Ethereum Rebound As Wall Street Rocked by GameStop
https://decrypt.co/55798/bitcoin-and-ethereum-rebound-as-wall-street-rocked-by-gamestop

Crypto markets appear to be bouncing back from a week of sustained losses while Wall Street records worst day since October.
WallStreetBets Telegram Group Gets 40,000 Members in 24 Hours
https://decrypt.co/55804/wallstreetbets-telegram-group-gets-40000-members-in-24-hours

An unofficial WallStreetBets Telegram channel has been set up in case its Reddit and Discord channels get censored. And it’s growing fast.
Facebook's Diem Testnet Hits 50 Million Transactions
https://decrypt.co/55814/facebooks-diem-testnet-hits-50-million-transactions

The upcoming stablecoin contender reached the milestone a little over a month after it was renamed.
Dogecoin Reaches Parity With Russian Ruble After WSB Tweet
https://decrypt.co/55820/dogecoin-reaches-parity-with-russian-ruble-after-wsb-tweet

After getting “GameStopped,” Dogecoin (DOGE) has caught up with some national fiat currencies across the world today.
97% of Holders Have ‘Near-Unanimous Confidence’ in Crypto, Says Binance
https://decrypt.co/55836/97-of-holders-have-near-unanimous-confidence-in-crypto-says-binance

More than half of crypto holders see investing as a means of income—with many seeing it as their primary income.
Crypto Community Furious at Robinhood for Stopping GameSpot Buys
https://decrypt.co/55853/crypto-community-furious-at-robinhood-for-stopping-gamespot-buys

Many in the crypto industry are making the case for DeFi after Robinhood stopped supporting purchases of $GME.
5 Most Secure Ways The Bitcoin Whitepaper Is Hosted Globally
https://decrypt.co/55832/5-most-secure-ways-the-bitcoin-whitepaper-is-hosted-globally

Crypto companies and even governments are now hosting the Bitcoin whitepaper, ensuring that it remains accessible for all.
DeFi ‘Rug Pulls’ Were Crypto’s Top Fraud Scheme in 2020: CipherTrace
https://decrypt.co/55787/defi-rug-pulls-were-cryptos-top-fraud-scheme-in-2020-ciphertrace

And fraud was 2020’s most popular crypto crime category, according to CipherTrace’s newly released year-in-review.
One River Executive Says Bitcoin is 'Dramatically Undervalued'
https://decrypt.co/55874/one-river-says-bitcoin-is-dramatically-undervalued

Second-layer solutions that are being built on top of crypto networks are “super promising,” said the CEO of One River Asset Management.
WallStreetBets vs Robinhood: Users Sue Over GameStop Ban
https://decrypt.co/55886/wallstreetbets-robinhood-users-sue-over-gamestop-ban

Robinhood has prevented its users from buying GameStop and other "meme stocks." Users are not happy.
Here Are All the New Crypto Trusts Grayscale Just Incorporated
https://decrypt.co/55881/grayscale-new-crypto-trusts

The digital asset manager recently filed paperwork for trusts in Polkadot, Aave, Cosmos, and many more.
Coinbase to Go Public With Direct Listing of Shares
https://decrypt.co/55896/coinbase-announces-ipo-direct-listing

Coinbase has formally announced its IPO and confirmed it will opt for a direct listing.
Ray Dalio Confirms Bitcoin Is On Bridgewater’s Investment Radar
https://decrypt.co/55887/ray-dalio-bridgewater-investment-bitcoin

The billionaire manager of Bridgewater Associates has changed his tune on Bitcoin it seems—and called it "one hell of an invention."
Thanks, Robinhood. Crypto Will (Maybe) Take It From Here
https://decrypt.co/55905/thanks-robinhood-crypto-will-maybe-take-it-from-here

The GameStop debacle is crypto’s big chance to attract a massive swathe of new users. It’s probably not ready.