Decrypt - Decrypt

3 hours ago

Quantum computing will not “break the blockchain,” Coinbase CEO Brian Armstrong said Wednesday, calling the concern “a very solvable issue” and pointing to ongoing work with major networks to prepare for future advances. Armstrong spoke to CNBC at the World Liberty Forum in Mar-a-Lago alongside Sen.

Optimism Plunges Double Digits Amid Base's Tech Stack Overhaul

4 hours ago

Optimism's OP token has plunged by more than 20% over the past 24 hours, coinciding with the announcement that Base, a popular layer 2 solution, is transitioning from the OP Stack to a unified, self-operated tech stack. OP is currently trading at $0.1436, down 23.4% over the past 24 hours, according

AI Disruption Could Cut Creator Earnings by Nearly 25% by 2028, UNESCO Warns

9 hours ago

AI is poised to take a measurable bite out of the world’s creative economy, and the legal tools meant to protect artists are already showing their seams. UNESCO’s latest Re|Shaping Policies for Creativity report, a global monitoring study drawing on data from more than 120 countries, forecasts that

Altcoin Selling Pressure Hits Five-Year High as Confidence Wanes

11 hours ago

Altcoin selling pressure has hit its highest level in five years, suggesting investors have largely exited speculative positions—even as a handful of narrative-driven tokens stage fleeting rallies. Selling pressure in altcoins excluding Bitcoin and Ethereum, measured as the net difference between cu

Fed Economists Praise Prediction Markets as States Step Up Enforcement

11 hours ago

Federal researchers are embracing prediction markets as policy-relevant tools just as state regulators move to curtail them. In a working paper, Federal Reserve researchers say macro-focused prediction markets can provide policymakers with a real-time, market-based gauge of inflation and interest-ra

ETH Denver 2026 Opens With Builder Energy Despite Crypto Slump

14 hours ago

Crypto prices may be down, but the mood inside ETH Denver on opening day is up. Despite the cold, a line formed outside the new venue, the National Western Center, well before doors opened. For ETH Denver founder John Paller, the event reflects a year’s worth of work that began immediately after las

Coinbase’s Crypto-Backed Lending Product Expands to XRP and DOGE

16 hours ago

Coinbase signaled on Wednesday that its crypto-backed lending product is expanding in the U.S., unveiling support for XRP, Dogecoin, Cardano, and Litecoin. By posting their holdings as collateral on decentralized finance protocol Morpho, customers can borrow up to $100,000 in Circle’s USDC stablecoi

Can AI Agents Boost Ethereum Security? OpenAI and Paradigm Created a Testing Ground

17 hours ago

ChatGPT maker OpenAI and crypto-focused investment firm Paradigm have introduced EVMbench, a tool to help improve Ethereum Virtual Machine smart contract security. EVMbench is designed to evaluate AI agents’ ability to detect, patch, and exploit high-severity vulnerabilities in Ethereum Virtual Mach

Bitcoin Miner Riot Must Embrace $21 Billion AI Opportunity, Says Activist Investor

17 hours ago

Publicly traded Bitcoin miner Riot Platforms “has a tremendous opportunity for value creation” via the empowerment of AI data centers to power the growing high-performance computing industry, activist investor Starboard Value wrote in a letter to Riot’s CEO and Executive Chairman. But the clock is

Peter Thiel Exits ETHZilla Investment After Ethereum Treasury Stock Craters

18 hours ago

Billionaire tech investor Peter Thiel exited his 7.5% stake in Ethereum treasury firm ETHZilla during Q4 2025, according to new filings with the SEC. Thiel's exit comes amid plunging prices for shares of ETHZ, now down about 98% since last year’s peak, per data from Yahoo Finance that factors in a

Coinbase-Backed Ethereum Network Base to Dump Optimism Tech as Potential Token Looms

18 hours ago

Ethereum layer-2 scaling network Base, which was incubated by publicly traded crypto exchange Coinbase, said Wednesday that it will modify its technology foundation, introducing a new unified tech stack that it believes will allow it to ship upgrades faster and reduce overhead. The network’s underl

Canary, Grayscale Sui ETFs Hit US Markets With Staking Rewards

21 hours ago

The first SUI ETFs have started trading as fund issuers Canary Capital and Grayscale make their debuts. The Sui layer-1 blockchain was launched in 2023 as a so-called "Solana killer" because it uses Move, a programming language based on Rust, to provide high-speed transactions, instant processing, a

Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC

21 hours ago

There’s a new heavyweight fighting for the future of decentralized finance on Capitol Hill. The Hyperliquid Policy Center, or HPC, announced its debut on Wednesday, positioning itself as a resource for U.S. policymakers on DeFi and derivatives like perpetual futures. In a press release, founder and

Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act

21 hours ago

Goldman Sachs CEO David Solomon said Wednesday that crypto companies who think they can walk away from an industry market structure bill currently stalling in Congress “should move to El Salvador.” Solomon was invoking the words of U.S. Treasury Secretary Scott Bessent, who said earlier this month t

Sai’s New Perps DEX Offers ‘Clean, CEX-like Experience’ With Onchain Settlement

Sai has announced the launch of Sai Perps, a perpetuals trading platform designed to combine the accessibility of centralized exchanges with the transparency and self-custody of onchain settlement. The platform features gasless transactions, which Sai claims removes friction for traders while mainta

Morning Minute: Web 4.0 - Autonomous AI Agents Powered by Crypto

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 slightly red despite Iran escalation; BTC at $67.3k Dragonfl

What Is Grok AI? Elon Musk’s Controversial ChatGPT Rival

Created to be a more irreverent, politically incorrect, and “truthful” AI, Grok is Elon Musk’s frequently controversial answer to ChatGPT, developed by OpenAI—the company he co-founded in 2015. Who Created Grok AI? Launched in 2023, Grok was developed by xAI, Elon Musk’s rival to AI powerhouse OpenA

WLFI Jumps Double Digits Ahead of Mar-a-Lago 'World Liberty Forum'

World Liberty Financial's WLFI token surged double digits ahead of a high-profile gathering at Mar-a-Lago, though experts remain divided on whether the move signals genuine momentum or a short squeeze fueled by whale activity. WLFI is up by more than 22% over the past 24 hours, according to CoinGeck

California Begins Enforcing State-Level Crypto Licensing With DFAL

California has set a firm licensing clock for digital asset firms that want to keep serving residents of the state. The California Department of Financial Protection and Innovation issued a formal implementation update for the Digital Financial Assets Law, confirming that any individual or company c

Wall Street Pushes Deeper Into Prediction Markets With New ETF Filings

Wall Street’s latest push into political prediction markets is drawing both strong liquidity expectations and warnings of manipulation from industry experts, as major ETF issuers race to launch election-linked funds ahead of the U.S. midterms. Fund managers Bitwise Asset Management, Roundhill Invest

Oracle Error Leaves DeFi Lender Moonwell With $1.8 Million in Bad Debt

A Sunday morning pricing glitch turned into a multimillion-dollar headache for the DeFi lending platform Moonwell, after a "misconfigured oracle" briefly valued Coinbase Wrapped ETH (cbETH) at just $1. The pricing error effected caused a 99.9% discount from the asset's actual market value of roughly

Bitcoin's Divergence From Nasdaq Is a Warning on Dollar Liquidity: Arthur Hayes

Bitcoin is signaling a warning that traditional equities have yet to acknowledge, according to BitMEX co-founder Arthur Hayes. The leading crypto has been on a downtrend since its October 2025 all-time high of $126,080, while the Nasdaq 100 Index has remained largely flat. That divergence is driven

Federal Appeals Court Rejects Kalshi Bid to Pause Nevada Enforcement

2 days ago

Federal appeals judges have rejected Kalshi’s emergency request to pause enforcement in its legal fight with Nevada regulators, a procedural setback that could allow the state to move swiftly to shut down the prediction-market operator’s activities. The Ninth Circuit Court of Appeals on Tuesday deni

Why Bitcoin Open Interest Has Seen Its Largest Decline in Almost 3 Years

2 days ago

Risk is coming off fast in Bitcoin’s derivatives market. Total open interest has dropped to $44 billion from a peak above $94 billion in October 2025, a 55% decline and the steepest drawdown since April 2023, CoinGlass data shows. Rising open interest typically signals fresh capital flowing into der

Precious Metals Royalties Firm to Offer Dividends in Tether's Tokenized Gold