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Key Highlights
Democrats introduce DEATH BETS Act to ban prediction market contracts on war, death, and assassination, citing national security risks. 1 post
Ripple seeks Australian financial license to scale payments in Asia-Pacific, aiming to integrate crypto into regulated finance. 1 post
Brookings report highlights U.S.-China AI divergence: U.S. focuses on AGI, while China prioritizes efficiency and real-world integration. 1 post
Main Topics (6)
Latest posts
Crypto Traders Turn to Hyperliquid for Oil Bets Amid Iran Volatility
Crypto traders are increasingly using the DeFi derivatives platform Hyperliquid to speculate on oil prices, in the latest sign that always-on crypto markets are beginning to absorb trading tied to global macro shocks. Oil-linked perpetual futures on Hyperliquid processed roughly $991 million in trad
Most AI Chatbots Will Help a Teen Plan a Mass Shooting, Study Finds
A new report published Wednesday by the Center for Countering Digital Hate found that eight out of 10 of the world's most popular AI chatbots will walk a teenager through planning a violent attack with straight answers, sometimes with enthusiasm. CCDH researchers, in conjunction with news media comp
Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg
Crypto financial services firm Ripple has commenced buying back up to $750 million in shares from employees and investors at a $50 billion valuation, according to a report from Bloomberg, citing sources familiar with the XRP-linked company’s plans. The report says that the offer is expected to run t
Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists
Popular writing assistant platform Grammarly said on Wednesday that it has disabled its Expert Review AI feature following online backlash and criticism that the tool used the identities and mannerisms of various writers and editors without permission. The Expert Review feature analyzes a user’s tex
Microsoft Sides With Anthropic Against Trump Admin’s Supply Chain Risk Designation
Microsoft has up to $5 billion invested in Anthropic, while Anthropic has committed to buy $30 billion in Azure compute under the partnership. That context makes its decision to file an amicus curiae brief in support of Anthropic's lawsuit against the U.S. Department of Defense look less like altrui
Wells Fargo Applies for WFUSD Trademark, Signaling Use in Crypto and Stablecoins
Global banking firm Wells Fargo applied for a trademark for “WFUSD” for potential use in service categories that mention cryptocurrency and stablecoins, a new filing with the U.S. Patent and Trademark office shows. The firm’s filing, dated March 10, has been accepted by the USPTO but awaits assignm
Android Phone Crypto Wallets Could Be at Risk Due to MediaTek Exploit: Ledger
A vulnerability in certain Android smartphones powered by MediaTek processors could allow attackers to extract encrypted user data in under a minute using only a USB connection, according to new research from cryptocurrency hardware wallet maker Ledger. Ledger’s internal security research team, know
Myriad to Use USD1 on BNB Chain as Exclusive Settlement Asset
Prediction market Myriad is transitioning to World Liberty Financial’s USD1 stablecoin as its exclusive settlement asset. As part of the move, Myriad, owned by Decrypt’s parent company Dastan, is migrating its entire prediction market catalog to BNB Chain. Welcome to MYRIAD Season 3. Our biggest sea
Justin Sun Deal Complicates SEC's Crypto Stance, Legal Experts Say
Last week, the SEC did something rather unusual for the Trump era—it announced a plan to fine a crypto company for violating America’s securities laws. Since President Donald Trump’s return to power, the Wall Street regulator has dropped virtually all crypto-related cases it inherited from prior adm
Top Bitcoin Mining Pool Operator Foundry Is Getting Into Zcash
Foundry Digital said on Wednesday that it plans to offer a mining pool for Zcash next month, enabling people to earn the privacy-focused cryptocurrency using shared resources. The move is aimed at publicly traded companies and financial institutions, which lack the necessary infrastructure to partic
Mastercard Recruits Binance, Ripple and PayPal for Crypto Partner Program
Mastercard said Wednesday that it has launched the Crypto Partner Program, a global initiative uniting over 85 crypto-native companies, payment providers, and financial institutions. The program reflects a growing recognition that digital assets are moving beyond speculation and into practical appli
Brera Stock Plunges Amid Growing Solana Pivot as 'Solmate' Firm Dumps Soccer Teams
Shares of publicly traded Solana treasury firm Brera Holdings (SLMT), also known as Solmate, have plunged more than 19% so far Wednesday following a late Tuesday announcement that the company is shifting its strategic focus to being an Abu Dhabi-centered Solana infrastructure company. The proposed
Morning Minute: Bitcoin Outperforms Gold, Stocks During Iran War
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. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify. GM! Today’s
DOJ Investigating if Iran Used Binance to Evade Sanctions: WSJ
The U.S. Justice Department is investigating Iran's use of Binance to evade sanctions, according to a report published Wednesday in the Wall Street Journal. Citing sources familiar with the matter, the WSJ reports that officials have contacted people with knowledge of transactions that saw more than
Bitcoin Retreats Under $70K as IEA Weighs Historic Oil Reserve Release
Bitcoin retreated below $70,000 on Tuesday as the International Energy Agency proposed the largest release of strategic oil reserves in its history to counter soaring crude prices. The proposed market intervention would exceed the 182 million barrels of oil that member nations deployed in 2022 follo
DOJ Seeks Forfeiture of $3.4M in USDT Tied to Ethereum Investment Scam
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
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
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
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
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
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
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
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
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
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