Decrypt - Decrypt

4 hours ago

A UK parliamentary committee has warned that the rapid adoption of artificial intelligence across financial services is outpacing regulators' ability to manage risks to consumers and the financial system, raising concerns about accountability, oversight, and reliance on major technology providers. I

Pump.fun Unveils Market-Driven Fund for Early-Stage Crypto Projects

4 hours ago

Solana-based meme coin launchpad Pump.fun announced Monday a $3 million fund that replaces traditional venture capital gatekeepers with market-driven token launches. The platform's new investment arm, Pump Fund, will distribute the capital through its "Build in Public Hackathon," funding 12 projects

Bitcoin Price Outlook Still 'Constructive' Despite Geopolitical 'Noise'

6 hours ago

Bitcoin’s long-term price outlook remains technically constructive despite Monday’s sharp reversal, according to some analysts, as durable ETF flows offset short-term volatility. The top crypto has stabilized around $92,000 and has remained little changed over 24 hours, according to CoinGecko data.

ChatGPT Is Getting Ads—Here's What to Expect

11 hours ago

Remember when Sam Altman said ads in AI were "uniquely unsettling" and a "last resort?" Well, a year and a half later, OpenAI is gearing up to roll out advertisements to ChatGPT. The company announced on Friday that it will start testing ads in the U.S. within weeks. Free users and subscribers to th

Bermuda Plots 'Fully On-Chain National Economy' With Help From Coinbase and Circle

13 hours ago

The island nation of Bermuda is hoping to bring its entire economy on-chain with the support of American crypto exchange Coinbase and USDC stablecoin issuer Circle. Announced at the World Economic Forum Annual Meeting on Monday, Bermuda will lean on the crypto firms for digital asset infrastructure

Steak ‘n Shake Adds $10 Million in Bitcoin Exposure Alongside BTC 'Strategic Reserve'

13 hours ago

American restaurant chain Steak ‘n Shake said that it has added $10 million worth of Bitcoin exposure, once more crediting the top crypto asset with helping to drive growing same-store sales after the brand began accepting BTC payments last year. “Eight months ago today, Steak n Shake launched its b

Bitcoin Slides as Crypto Markets Correct: Is the Golden Cross at Risk?

14 hours ago

The brief spark of optimism that lifted Bitcoin above $97,000 last week appears to be fizzling out. BTC was recently trading at $93,192, erasing the gains that had traders hoping for a potential trend reversal. The pullback comes amid a broader risk-off move across markets. President Trump's new tar

Bitcoin Price Crashes to Zero on Paradex Exchange as Glitch Fuels Mass Liquidations

16 hours ago

The price of Bitcoin dropped to $0 on perps decentralized exchange Paradex overnight, according to numerous users, after a database migration issue affected the Paradex blockchain, its block explorer, bridge, and API. An issue was first flagged on the Paradex status page at 12:36 a.m, ET on Monday,

New York Stock Exchange Reveals Trading Platform for Tokenized Stocks and ETFs

17 hours ago

The city that never sleeps may soon have a stock exchange that runs all night, powered by blockchain. The New York Stock Exchange, operated by Intercontinental Exchange (ICE), announced Monday that it is developing a blockchain-based trading platform for tokenized securities—one that would operate w

South Korea Customs Uncovers $102M Crypto Laundering Scheme

18 hours ago

South Korea’s customs authority has dismantled an alleged cryptocurrency laundering operation involving funds worth over $101 million. Three Chinese nationals have been referred to prosecutors after the Korea Customs Service uncovered an alleged crypto laundering scheme that moved funds across natio

Ethereum Founder Vitalik Buterin Calls for 'Different and Better DAOs'

19 hours ago

Ethereum founder Vitalik Buterin has argued that modern DAO design is “inefficient, vulnerable to capture, and fails utterly at the goal of mitigating the weaknesses of human politics.” In a tweet, Buterin said he once believed that systems of code and rules existing on decentralized networks could

Bitcoin, Ethereum Surge Propels Crypto Fund Investments to $2.17 Billion—Best in Three Months

20 hours ago

A significant surge of capital flowed into digital asset investment products last week, marking the highest weekly total since October despite Bitcoin’s decline in recent months. Crypto investment products saw $2.17 billion in inflows last week, according to the latest report from digital asset mana

Privacy Coins Monero, Dash and Dusk Defy Crypto Market Slump

Privacy-focused cryptocurrencies including Monero and Dash have climbed despite a broader crypto market drop that liquidated nearly $1 billion in positions. Over the past 24 hours, while Bitcoin dropped 2.3% and most altcoins are down 3% to 10%, Dash and Monero are up 1.9% and 8.3% respectively, wh

Trump Meme Coin’s First Year Leaves Crypto Policy in Limbo

It was a Friday night bombshell that nobody saw coming. Three days before his second inauguration last January, President Donald Trump's social media accounts lit up with news of the launch of Official Trump (TRUMP), a Solana-based meme coin bearing his name and political brand. The token jumped to

Ethereum Sets Record Usage as Costs Drop and Network Conditions Ease

Ethereum, the world's second-largest blockchain network, is being used more than ever, with daily transactions at record highs and fees falling to their lowest levels in the past couple of years. The changes come as the network shows signs of operational stability, even while co-founder Vitalik Bute

Bitcoin Slips On Trade War Fears, Sparks $865M in Liquidations

Bitcoin’s sudden drop during the early Monday Asian session has flushed excess leverage from the system, triggering liquidations worth over $865 million. The decline comes as U.S. stock and bond markets remain closed for the Martin Luther King Jr. holiday, with world leaders gathering in Davos for t

Binance Restores Real-Time Bank Transfers for Australian Users

Binance Australia has restored direct dollar deposits and withdrawals for local users, reopening PayID and bank-transfer access after more than two years of disruption to its banking services in the country. The exchange said the functionality is now available to all Australian customers following a

AI Utopianism Masks Tech Billionaires’ Fear: Douglas Rushkoff

3 days ago

For media theorist Douglas Rushkoff, the glossy promises of a silicon-powered utopia are little more than a smokescreen for an elitist exit strategy. Rushkoff, a professor of media theory and digital economics at Queens College/CUNY, and the author of Survival of the Richest and Team Human, made the

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Depository Trust & Clearing Corporation’s vision for tokenized securities isn’t tethered to any single network, even if it’s admittedly rooted in the past. The firm that processes roughly $10 trillion of securities transactions every day is keeping an open mind as it fleshes out its tokenized se

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood is enabling “Custom Combos” for users wagering on professional football, underscoring efforts to flesh out its prediction market offering as gambling heats up in the U.S. alongside the NFL postseason, the company said Friday. The contracts are regulated by the Commodity Futures Trading Com

Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

The nearly $6.4 million worth of Bitcoin seized by federal law enforcement from the creators of privacy tool Samourai Wallet has not been liquidated, and will be added to a national Bitcoin reserve, a White House official said Friday. The announcement follows concerns floated last month by the attor

Despite the Dip, Bitcoin Just Flashed Its Most Reliable Bullish Signal: Analysis

For traders who study charts, there’s one “golden” pattern they love to see—and Bitcoin just flashed it, suggesting a recovery could be on the way. The rest of the crypto market, though, didn't get the memo. Over 95% of the top 100 cryptocurrencies by market cap have posted losses in the past 24 hou

Nasdaq Warns Bitcoin Hardware Maker Canaan About Delisting

Bitcoin mining hardware maker Canaan has until July to raise its share price and escape delisting, Nasdaq told the firm earlier this week. The company now has until July to raise its share price above $1 for at least 10 consecutive days to escape being delisted, it said in a press release Friday. If

Bitcoin and Ethereum Waver–Why Did Trading Volume Drop?

The cryptocurrency market wavered Friday as trading volumes cooled, with Bitcoin and Ethereum drifting downward despite positive momentum earlier this week. Following Bitcoin’s jump to $94,600 on Wednesday, the leading digital asset by market capitalization changed hands around $95,300, a 4.6% incre

South Korea Tightens Crypto Access as Google Play Blocks Unregistered Exchanges