Decrypt
18K subscribers
24.5K photos
4 videos
2 files
31.4K links
A daily news site covering all things crypto and the decentralized web.
Download Telegram
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports

Kalshi has raised $1 billion at a $22 billion valuation, doubling its worth in just three months.
OpenAI Plans to Merge ChatGPT, Codex and Atlas Into One 'Superapp': WSJ

OpenAI will consolidate its fragmented desktop products into a single superapp, a report claims, as rival Anthropic gains momentum.
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now

Kalshi's sports, politics, and entertainment prediction markets will be banned in Nevada for at least the next 14 days.
Man Pleads Guilty to Using AI to Generate $8 Million in Fraudulent Streaming Music Royalties

Prosecutors say automated plays of AI-generated songs fraudulently diverted royalties from human artists—to the tune of $8 million.
Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck

Bitcoin's volatility has subsided over the last month, but traders are still paying a premium for downside protection, VanEck said.
Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys

How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.
The 7 Largest Publicly Traded Ethereum Treasury Firms

Publicly traded firms are now stacking Ethereum, pulling in billions of dollars of ETH. These are the largest holders.
1
How AI Is Being Used to Clear Court Backlogs in LA

The Los Angeles Superior Court is pilot testing whether Learned Hand’s curated AI can help manage rising workloads.
Bitcoin Price Slides but Holds Up Better Than Stocks as Oil Shock Continues

Earlier deleveraging and continued institutional participation have helped keep Bitcoin more stable than other risk assets during the recent macro-driven selloff.
What to Expect From This Week's House Committee on Tokenization

Lawmakers are expected to weigh steps toward on-chain securities, even as the bigger legal and investor risks remain unresolved.
CoinDCX Rebukes Fraud Allegations, Points to Impersonation Scam in Police Probe

One of India's largest crypto exchanges said the move is based on a coordinated fraud using fake CoinDCX identities.
Resolv Labs Stablecoin Depegs, Plunges 74% After $25M Exploit

A compromised key enabled an attacker to illegally mint 80 million USR tokens, causing the stablecoin to lose its dollar peg.
Bitcoin Tops $71,000 as Trump Postpones Iran Power Plant Strike Plans

The price move came after Donald Trump touted "productive conversations" regarding a cessation of hostilities in the Middle East.
Morning Minute: Bitcoin Rips as Iran Strikes Postponed

Crypto is soaring on a major development in the Iran war, while A Senate deal could finally unlock the Clarity Act.
Crypto Markets Grapple With Volatility as ETFs Shed $177M Last Week

Crypto ETFs shed $177M last week as Bitcoin pulled back from $75,000, though experts remain bullish on Q2's prospects.
Strategy Unveils $44 Billion Plan to Buy More Bitcoin, Driven By MSTR and STRC Shares

Strategy shared plans to issue $44 billion in equity, a move aimed at providing its Bitcoin-buying machine with fuel for future purchases.
Ethereum Price Jumps on Iran Optimism as Tom Lee's BitMine Adds to $10 Billion Stash

BitMine Immersion Technologies now holds more than $10 billion worth of Ethereum, leading the ETH treasury pack as the asset rebounds.
Senators Reveal Bipartisan Bill to Outlaw Sports Prediction Markets

The bill, from Adam Schiff (D-CA) and John Curtis (R-UT), has already been condemned by one of America’s top prediction market platforms.
European Bitcoin Treasury H100 Aims to Triple BTC Stash by Acquiring Two Firms

The Swedish Bitcoin treasury firm signed a letter of intent to acquire Moonshot and Never Say Die in an all-stock deal.
Arrest Made in Violent Kidnapping of Ledger Founder for Crypto Ransom: Report

An individual was arrested in Spain for their alleged role in the violent kidnapping of Ledger co-founder David Balland and his wife last year.
Sam Bankman-Fried Court Letter Under Scrutiny As Parents Call For Clemency

Prosecutors said there was "reason to doubt" that a recent court letter supposedly from Sam Bankman-Fried was actually sent by him