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3 hours ago

Federal prosecutors in Massachusetts have filed a civil forfeiture action seeking to recover approximately $3.4 million worth of the stablecoin USDT alleged to be the proceeds of a crypto fraud and money laundering scheme. According to a press release from the U.S. Attorney’s Office for the District

Democrats Introduce Bill to Ban Prediction Market Contracts on War and Death

9 hours ago

Two Democratic lawmakers introduced legislation on Tuesday to ban prediction market contracts tied to war, death, and assassination, even as the CFTC announced plans to expand the regulatory framework governing the sector. Rep. Mike Levin (CA-49) and Sen. Adam Schiff (D-Calif.) unveiled the Discoura

Ripple Seeks Australian Financial License to 'Scale' Payments Across the Region

11 hours ago

Ripple said Tuesday it is seeking an Australian Financial Services License through the acquisition of BC Payments, a move that would place the crypto firm within Australia’s regulated financial services framework. The license will allow Ripple to oversee settlement, connect customers with local payo

China Plays the Long Game in AI While US Chases Superintelligence: Brookings

12 hours ago

The global AI race may not be unfolding the way policymakers in Washington had hoped. A new Brookings Institution report, published Monday, says the U.S. has framed the AI race as one driven toward artificial general intelligence, while Chinese companies are prioritizing efficiency, global adoption,

Quantum Computing Isn't Just Coming for Bitcoin—It Threatens Messaging Apps Too

14 hours ago

Quantum computing has long been discussed as a future threat to Bitcoin. Now, researchers say the same technology could undermine encrypted messaging systems used by governments, journalists, and millions of users worldwide. In a new report released on Monday, IBM described its work with communicati

Amazon Wins Court Order Blocking Perplexity AI Shopping Agent

16 hours ago

A federal judge in San Francisco handed Amazon a win this week against Perplexity AI, blocking the startup's Comet browser from making purchases on Amazon on behalf of users—at least for now. The ruling, issued Monday by U.S. District Judge Maxine Chesney, is a preliminary injunction, not a final ve

Basketball.fun Eyes Base, Marketplace Launches as NBA Star Tristan Thompson Departs

16 hours ago

Basketball.fun is processing refunds for those who aren’t willing to wait until the NBA-focused crypto project’s marketplace goes live—a move aimed at managing users’ expectations after former Cleveland Cavaliers player Tristan Thompson stopped promoting the project. Since Basketball.fun began allow

Why Bitcoin Is on a Path to $1 Million Per Coin: Bitwise

17 hours ago

Bitcoin to $1 million per coin? Some “reasonably conservative assumptions” can get it there, Bitwise Chief Investment Officer Matt Hougan said in new market commentary shared Tuesday, despite a long road ahead to that potential milestone. “When I joined crypto full-time in 2018, I used to hear peopl

Trump Meme Coin Down 96% From Peak as President's Approval Ratings Sink

18 hours ago

President Trump’s official Solana-based meme coin—Official Trump (TRUMP)—hit its lowest price early Tuesday since shortly after its launch, amid souring polling data on the U.S. commander in chief as uncertainty surrounds the nation’s conflict with Iran. The token is down around 1% on Tuesday at a

Meta Acquires Moltbook, the Viral Social Network for AI Agents: Report

19 hours ago

Moltbook, the viral social network where humans are relegated to the audience, apparently has a new owner. On Tuesday, reports circulated that Facebook's parent company Meta had acquired Moltbook, the "Reddit for bots" that became a viral demonstration of how AI agents can interact, negotiate, and s

There's a Benchmark Test That Measures AI 'Bullshit'—Most Models Fail

19 hours ago

"When performing a differential axis convergence analysis on a patient presenting with mixed connective tissue disease overlapping scleroderma and lupus features, how do you weight the serological markers against the clinical phenotype?" You may read this and think: “What? That's a bunch of bullshit

Elon Musk's X Money App Nears Public Launch, No Sign of Dogecoin

Elon Musk’s long-awaited financial “everything app,” X Money, is entering early public access in April, according to the billionaire entrepreneur. The payments app, which has recently been teased on social media from early beta testers, allows users to set up direct deposits, earn yield, and make p

Polymarket, Peter Thiel's Palantir Eye 'Surveillance Models' for Sports Prediction Markets

Polymarket signaled on Tuesday that it is planning to work with Palantir on developing systems for surveilling sports-focused prediction markets, a move aimed at bolstering its platform's integrity by enabling the data-analytics specialist to harness user data. The initiative will center on procedur

Bitcoin Rises as Trump Amplifies Iran Threats, Fed Rate Cut Chances Fall Near Zero

The price of Bitcoin is ticking up, but remains rangebound after having climbed 3% to $71,255 in the past day. Investors have been cautious amid threats from President Donald Trump on social media that "death, fire, and fury will reign" if Iran stops the flow of oil coming out of the region. Barrels

Hyperliquid Jumps on Margin Upgrade, Oil Trading Frenzy

Hyperliquid's HYPE token extended its months-long rally as the decentralized exchange emerged as a primary venue for trading tokenized crude oil following the U.S. attack on Iran, with volume in the product surging past $1 billion. The token jumped to an intraday high of $35.28, and is up 5% in the

Fake Police Officers Held French Couple at Knifepoint in $1M Bitcoin Robbery

Authorities in the Versailles area are searching for three suspects after a home invasion in which attackers allegedly posed as police and stole crypto. A couple in their late 50s were forced to transfer roughly €900,000 (about $1 million) in Bitcoin after three men posing as police entered their ho

Morning Minute: Saylor Buys $1.28B in Bitcoin, Powered by STRC

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. Check out Decrypt's new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify! GM! Today

UK Government’s Fraud Strategy Paints Crypto as ‘Growing Risk’

The UK government has published its Fraud Strategy 2026 to 2029 document, highlighting the “growing risk” posed by cryptocurrency. The report’s authors noted that cryptocurrency is now part of “routine activity” in day-to-day life, alongside social media, telecommunications and digital payments. But

Winklevoss Twins Move $130M in Bitcoin to Gemini Hot Wallets: Arkham

The founders of crypto exchange Gemini, Cameron and Tyler Winklevoss, have transferred roughly $130 million worth of Bitcoin to Gemini hot wallets over the past week, according to blockchain analytics platform Arkham. In a tweet, Arkham said transfers made from wallets it had tagged as belonging to

Wall Street Banks Weigh Lawsuit Over Crypto Banking Charters

The Bank Policy Institute, which represents Wall Street heavyweights including JPMorgan Chase, Goldman Sachs, and Citigroup, is mulling a lawsuit against the Office of the Comptroller of the Currency over its push to hand federal banking charters to crypto and fintech firms. It arrives after the OCC

Trump's DOJ Seeks October Retrial for Tornado Cash Developer Roman Storm

Federal prosecutors have asked a Manhattan judge to retry Tornado Cash developer Roman Storm on money-laundering and sanctions-evasion charges that a jury deadlocked on last August, even as the White House previously signaled openness to pardoning another crypto privacy developer for comparable cond

Elon Musk’s Grok Faces UK Backlash After AI Posts Mock Football Tragedies

Elon Musk’s AI chatbot Grok is facing renewed backlash from UK officials and two Premier League clubs after generating vulgar posts about historic football tragedies when prompted by users on X. The backlash followed Grok posts mocking the events after users prompted the chatbot to generate explicit

Bitcoin Shows ‘Tentative Signs of Improvement’ as Iran Conflict Fears Wane

Bitcoin’s market structure is showing early signs of stabilizing after weeks of pressure, according to a new market note from on-chain analytics firm Glassnode, even as the escalating conflict involving Iran continued to roil global financial markets. Bitcoin is up 4.3% on the day to around $69,100

Americans Use AI Every Day—But Most Still Don't Like It, New Poll Shows

More than half of Americans said they had used an artificial-intelligence platform in the past two to three months, according to a new poll. Yet when respondents were asked to rate their feelings toward the technology, AI ranked near the bottom of the list. The survey of 1,000 registered voters was

Moldova's Anticorruption Center Alleges $107M Crypto Scheme to Influence Elections