Decrypt - Decrypt

2 hours ago

Elon Musk’s X is taking action against projects that seek to financialize users’ attention on the platform using digital assets, Head of Product Nikita Bier declared on Thursday. “We will no longer allow apps that reward users for posting on X,” he said. “This has led to a tremendous amount of AI sl

DeadLock Ransomware Using Polygon Smart Contracts to Evade Detection

2 hours ago

A newly discovered strain of ransomware is using Polygon smart contracts for proxy server address rotation and distribution to infiltrate devices, cybersecurity firm Group‑IB warned on Thursday. The malware, dubbed DeadLock, was first identified in July 2025 and has so far attracted little attention

Crypto Wallet MetaMask Adds Tron Support Following Bitcoin, Solana Expansions

3 hours ago

MetaMask is continuing its expansion beyond the Ethereum ecosystem, announcing Thursday that it has added native support for the Tron blockchain after previous moves to add in chains like Bitcoin and Solana. The wallet has integrated native Tron support across its mobile and browser platforms, allow

Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank Deposits

3 hours ago

Interest-bearing stablecoins could take $6 trillion out of bank deposits according to Bank of America’s CEO, who argued that small-to-medium-sized businesses could be hurt as a result. Brian Moynihan’s statements, citing data from U.S. Treasury reports, come amid controversy about whether to allow a

Morning Minute: Coinbase Withdraws Support of Clarity Act, Markup Delayed

4 hours ago

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors are green again with Bitcoin at $96,750 Bitcoin ETFs see $1.

Solana ETFs Draw in $23.6M, Hitting a Four-Week High

5 hours ago

U.S. spot Solana exchange-traded funds saw inflows of $23.57 million on Wednesday, their highest in four weeks, per SoSoValue data. The positive netflow comes as Bitcoin trades near $97,000, accompanied by improving investor sentiment. Solana is currently trading at around $145, flat on the past day

Matthew McConaughey Says It's Not 'Alright, Alright, Alright' for AI to Misuse His Voice

7 hours ago

Actor Matthew McConaughey has locked down legal protection on his most famous catchphrase, securing eight trademarks including a sound mark on his iconic "Alright, alright, alright" line from the 1993 comedy "Dazed and Confused,” even as Hollywood continues to wrestle with how far artificial intelli

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In

8 hours ago

Bitcoin's exchange-traded funds could be following the exact structural playbook that preceded gold's historic 2025 surge, a parallel that suggests a potential parabolic move awaits the top cryptocurrency. The analogy was highlighted by Bitwise Chief Investment Officer Matthew Hougan on a podcast wi

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

12 hours ago

The Senate Banking Committee has delayed markup of a bipartisan crypto market structure bill, adding to earlier postponements by the Agriculture Committee and extending uncertainty around the legislation’s timeline. Announced late Wednesday, Senate Banking Committee Chair Tim Scott issued a statemen

Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools

13 hours ago

Manhattan District Attorney Alvin Bragg urged state lawmakers Wednesday to criminalize unlicensed crypto operations, warning that a $51 billion criminal economy is thriving in regulatory blind spots that let criminals launder gun, drug, and fraud proceeds with impunity. Speaking at New York Law Scho

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

15 hours ago

TD Cowen trimmed its price target on Michael Saylor’s Strategy (Nasdaq: MSTR) to $440 from $500, even as the firm presses ahead with its aggressive Bitcoin purchases. The research and investment banking division of TD Securities maintained a buy rating but flagged near-term pressure on its key perf

X Tightens Grok Image Generation Following International Backlash

16 hours ago

X said it is restricting image generation and editing features tied to Grok, limiting access to paid users after the chatbot was used to create non-consensual sexualized images of real people, including minors. In an update posted by the X Safety account on Wednesday, the company added technical res

Robinhood CEO Says AI Could Spark a ‘Job Singularity’

17 hours ago

We’ve all heard the dystopian prognostications about AI and how it’ll wipe out the job market. But here’s a rosier view, according to Robinhood CEO Vlad Tenev, who, during a recent TED Talk, said AI could drive a “Cambrian explosion” of new innovation and job creation. “We’re on a curve of rapidly a

AI, Impersonations Drove Crypto Scam Losses to Record $17 Billion in 2025: Chainalysis

19 hours ago

In 2025, crypto scams became faster, more convincing, and more profitable as artificial intelligence and impersonation tactics pushed estimated losses to a record $17 billion, according to a new report by blockchain analytics firm Chainalysis. The sharp increase reflects not just more scams, but mor

Coinbase Withdraws Support for Crypto Bill on Eve of Key Senate Vote

20 hours ago

With less than 24 hours to go until a make-or-break vote on the crypto industry’s long-coveted market structure bill, America’s most powerful crypto company has abruptly pulled its support for the legislation. Coinbase CEO Brian Armstrong announced Wednesday afternoon that the company—one of the ind

Sui Back Online After 'Network Stall' Leads to Six Hours of Downtime

20 hours ago

The Sui blockchain has recovered from an outage that lasted nearly six hours, knocking the layer-1 network out of commission without any new blocks being produced during that span. The network's X account said Wednesday morning that Sui was experiencing a "network stall," and that "the Sui Core team

Strategy, BitMine Rise While Bitcoin Miners Surge—As BTC Inches Towards $100K

20 hours ago

Bitcoin mining and high performance computing firms like Bitdeer, CleanSpark, and Riot Platforms were the main stock market beneficiaries as Bitcoin jumped above $97,000 Wednesday afternoon. Singapore-based Bitdeer, a Bitcoin mining and AI services firm, rose more than 15% to $14.76 y the end of the

America's Grip on Bitcoin Mining Slips, Despite Trump's Ambitions for Dominance

21 hours ago

America’s grip on Bitcoin mining is slipping as firms race to build out infrastructure for artificial intelligence, providing an opportunity for countries like China—despite U.S. President Donald Trump’s vision for technological dominance. In 2025, North American pools, where miners combine computin

China's Z.AI Releases First Major AI Image Generation Model Trained Without American Chips

Chinese artificial intelligence firm Z.AI on Wednesday released an open-source image generation model trained entirely on Huawei processors, marking the first time a major AI model has completed its full training cycle without relying on American hardware. The move highlights a potential long-term c

Zcash Foundation Says SEC Ends Investigation With No Enforcement Action

The Zcash Foundation said on Wednesday that the U.S. Securities and Exchange Commission has ended a probe into the nonprofit organization without recommending enforcement action. In a blog post, the Virginia-based organization said that it had been alerted to a review by the regulator in August 2023

Ripple Secures Another Key European License as XRP Rises

Crypto financial services company Ripple said Wednesday that it has received preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg's financial regulator, CSSF. The announcement comes just days after Ripple revealed that it had secured EMI license approval from the UK

LINK Hits Monthly High as Bitwise Launches Chainlink ETF on NYSE

Bitwise Asset Management launched its Bitwise Chainlink ETF on NYSE Arca Wednesday, making it the second LINK-based spot ETF to trade in the U.S. At the time of writing, Chainlink is trading for $14.25—the highest it's been in the past month—after having gained almost 5% in the past day, according t

World Liberty Financial Stablecoin USD1 Lands on Prediction Market Myriad

Prediction market Myriad will integrate USD1, the stablecoin launched by the Donald Trump-backed DeFi project World Liberty Financial. With the integration, Myriad, a prediction market developed by Decrypt's parent company Dastan, becomes “the first prediction market to partner with WLFI to launch U

Pakistan to Explore Stablecoin Remittances via Affiliate of Trump-Linked World Liberty Financial

Pakistan’s Ministry of Finance has signed a memorandum of understanding (MOU) with an affiliate of World Liberty Financial, a DeFi project linked to U.S. President Donald Trump's family, to explore innovation in digital finance. The MOU, signed Wednesday, includes exploring the use of stablecoins fo

Crypto Shorts Get Rekt: Liquidations Near $800M as Bitcoin Price Spikes