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A daily news site covering all things crypto and the decentralized web.
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DeFi Coin UMA Doubles All-Time High Following Meme Stock Index Launch
https://decrypt.co/56631/defi-uma-doubles-all-time-high-meme-stock-index

After announcing an index for stocks pumped by the infamous subreddit r/WallStreetBets, UMA shot to the moon—just like GameSop, AMC, and other stocks loved by WSB traders.
You Can Soon Win Bitcoin by Playing Counter-Strike
https://decrypt.co/56625/counter-strike-win-bitcoin-zebedee

Crypto startup ZEBEDEE will roll out CS:GO servers that let players of Valve’s popular PC shooter win BTC through competition.
There’s a New Way to Access Ethereum DeFi Apps From Your Phone
https://decrypt.co/56630/new-way-access-ethereum-defi-apps-mew

My Ether Wallet has added a new dapp browser to its mobile app with help from DappRadar, opening the door for users to more easily access DeFi and NFTs.
Bitcoin Booster Chamath Palihapitiya Backs Down From Cal. Governor Run
https://decrypt.co/56654/bitcoin-booster-chamath-palihapitiya-backs-down-from-cal-governor-run

The Virgin Galactic chairman had previously hinted that he would run, but he’s decided to charge his batteries instead.
$14 Million Gone in Yearn Finance Exploit
https://decrypt.co/56659/14-million-gone-in-yearn-finance-exploit

Yearn Finance has reported an exploit of one of its DAI vaults.
Blocked by Iran, Signal App Moves to Decentralize Servers
https://decrypt.co/56665/blocked-by-iran-signal-app-moves-to-decentralize-servers

Traffic for the Signal messenger app has been blocked by Iran. Signal is asking users from around the world to set up proxy servers.
Twitter CEO Jack Dorsey Is Now Running His Own Bitcoin Node
https://decrypt.co/56673/twitter-ceo-jack-dorsey-is-now-running-his-own-bitcoin-node

Since 2014, Twitter CEO Jack Dorsey has been a fan of Bitcoin, integrating with it and investing in it. Now, he's running a Bitcoin node.
Bitcoin Whales Pile in as Global Market Cap Hits Record High
https://decrypt.co/56677/bitcoin-whales-pile-in-as-global-market-cap-hits-record-high

Large Bitcoin investors continue their move into cryptocurrencies as global market cap surpasses $1.18 trillion for the first time.
24-Year-Old Trader Convicted After $90 Million Crypto Scam
https://decrypt.co/56670/24-year-old-trader-convicted-after-90-million-crypto-scam

The young crypto fund manager stole his investors’ money to fund a lavish lifestyle and invest in ICOs.
Coin Metrics Is Now Tracking the ‘Real’ Supply of Bitcoin
https://decrypt.co/56694/coin-metrics-is-now-tracking-the-real-supply-of-bitcoin

A new methodology by Coin Metrics suggests that the current Bitcoin supply is only 14.5 million BTC. Here’s why.
Arcane Crypto Listed on Nasdaq First North at $200 Million Valuation
https://decrypt.co/56698/arcane-crypto-listed-on-nasdaq-first-north-at-200-million-valuation

The crypto investment fund joins a small, but growing, segment of crypto-focused firms trading on legacy exchanges.
Over $550 Million of Bitcoin Flows Out of Coinbase Pro
https://decrypt.co/56702/over-550-million-of-bitcoin-flows-out-of-coinbase-pro

Another half a billion dollars worth of Bitcoin was just transferred out of Coinbase Pro, reinforcing the recent bullish trend.
Ethereum Reaches New All-Time High, Bitcoin Breaks Above $38,000
https://decrypt.co/56712/ethereum-reaches-new-all-time-high-bitcoin-breaks-above-38000

The two largest cryptocurrencies are on rise today as Ethereum breaks a new all-time high while Bitcoin is climbing back to its previous one.
Estonia's New Government Still Plans to Regulate Crypto Companies
https://decrypt.co/56734/estonias-new-government-still-plans-to-regulate-crypto-companies

Once championed as a crypto haven, Estonia is on the course to further tighten its cryptocurrency regulations.
Binance DEX Review: A Decentralized Exchange For Experienced Users
https://decrypt.co/56703/binance-dex-review-a-decentralized-exchange-for-experienced-users

Cutting out the middleman lowers fees and increases security, but Binance’s decentralized exchange might not be for beginners.
Senate Moves Covid Relief Package One Step Closer
https://decrypt.co/56737/senate-moves-covid-relief-package-one-step-closer

The Senate has just made a key procedural step that would allow Joe Biden’s $1.9 trillion coronavirus relief package to pass.
Crypto Firm Protego Gets Approval for Federal Bank Charter
https://decrypt.co/56766/protego-federal-charter-crypto-bank

It’s the second-ever approval granted to a crypto bank, following Anchorage’s approval last month.
Nigeria Cracks Down on Bitcoin Trading, Orders Bank Accounts Shuttered
https://decrypt.co/56762/nigeria-cracks-down-bitcoin-trading-bank-accounts

Nigeria has one of the most active Bitcoin trading communities in the world. The country's central bank appears to want to put a stop to it.
Tether Freezes $1.7 Million in Profits From Yearn Finance Hack
https://decrypt.co/56779/tether-freezes-profits-yearn-finance-hack

Centralization to the rescue again?
Ethereum Miners Made $3.5 Million in Just One Hour
https://decrypt.co/56804/ethereum-miners-3-5-million-just-one-hour

Ethereum’s soaring price is good news for crypto miners but bad news for fee-payers.
German Police 'Seize' $63M in Bitcoin, Don’t Have Password
https://decrypt.co/56810/german-police-seize-63-million-bitcoin-no-password

Police have the scammer’s wallet, but have no way to access the BTC stash within.