Decrypt
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A daily news site covering all things crypto and the decentralized web.
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South Korea Wants to Lift Its Ban on Institutional Crypto Trading: Report

“We will work to align with global regulations in the virtual asset market,” said South Korea’s FSC Secretary-General Kwon Dae-young.
Pakistani Trader Kidnapped, Forced to Hand Over $340,000 in Crypto

“The involvement of corrupt law enforcement officials in kidnappings further complicates investigations," a security expert told Decrypt.
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Finnish Police Seize Luxury Watches Worth $2.6 Million From Hex Founder Richard Heart

The goods—worth a total of $2.68 million—were left in a residence in Espoo.
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Going Brrr? Canaan Says Its New Bitcoin Miner Heater Fixes This

Priced at $899, the Avalon Mini 3 aims to recycle the excess heat generated through Bitcoin mining to warm living spaces.
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Telegram Game 'Seed' Reveals Sui Airdrop Details Ahead of Mining Phase End

Seed has revealed its token supply and final mining tasks, ahead of the Telegram game's token launch and airdrop on Sui.
What Is MicroStrategy (MSTR)? The Bitcoin Treasury Company

Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
Bitfinex Relocates Crypto Derivatives Arm to Bitcoin-Friendly El Salvador

Crypto exchange Bitfinex is moving its derivatives operations to El Salvador—the latest tech company to eye up the Bitcoin-loving country.
Outgoing SEC Chair Gary Gensler Takes Parting Shots at Crypto Industry

With days left in his SEC term, Gary Gensler had plenty to say about crypto—and none of it kind—in an exit interview on Wednesday.
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Crypto Crash, Inflation fears return, MLG hits $100M

Crypto crashes amidst escalating inflation fears. MicroStrategy plans $2bn capital raise to buy BTC.ETFs buying BTC 20x faster than it is being mined. Nation BTC adoption to drive crypto: Fidelity. Czech national bank considers BTC reserve. S. Korea to lift institutional crypto trading ban. BTC sell side liquidity at lowest level since 2018. XRP ETF could soon be a reality: XRP President. CFTC chair Behnam to step down effective Jan 20. Vitalik wants decentralized defence against AI. Coinbase gets major court win against SEC. Arbitrum collabs with S. Korea’s Lotte Group. Bitfinex Derivatives to move to El Salvador. Finnish police seize $2.6m from Hex founder. Coinbase receives virtual currency license in NY.
Bitcoin Falls Below $93,000 as Inflation Jitters Rattle Crypto Prices

The price of Bitcoin briefly dipped below $93,000, facing pressure after a series of macroeconomic data points sparked inflation jitters.
How Criminals Used ChatGPT and Meta AI to Plan Terror Attacks on US Soil

Recent terror attacks in Las Vegas and New Orleans reveal how AI tools were exploited for surveillance and planning, raising urgent questions about safeguards.
Someone Just Spent $200K on a Solana Priority Fee—It Didn’t End Well

A Solana trader paid over $200,000 in fees to try and snipe a new AI-themed meme coin, then immediately sold at a substantial loss. Why?
Inflation May Be Tough to Tame Under Bitcoin-Friendly Trump, Says Fed

Bitcoin is down Wednesday, but didn't move much after the Federal Reserve hinted it would be slow to cut interest rates this year.
Call of Duty-Inspired Solana Meme Coin MLG Skyrockets After FaZe Clan Boost

Trading on gaming vibes and Call of Duty nostalgia—with a boost from esports royalty—meme coin 360noscope420blazeit (MLG) is blowing up.