Minimalist News

AI Summary

Iranian crypto exchange Nobitex suffered a significant hack, resulting in a theft of at least $73 million, highlighting vulnerability in security practices within the industry.
Geopolitical tensions, particularly rising conflicts in the Middle East, have led to a notable dip in cryptocurrency values, with Bitcoin and other major altcoins experiencing price declines as market sentiment turns risk-averse.
The U.S. Senate has passed the GENIUS Act, a landmark legislation aimed at regulating stablecoins, demonstrating a significant push for clearer regulatory frameworks in the crypto space and potentially strengthening institutional confidence.
JPMorgan is piloting a USD deposit token, JPMD, on Coinbase's Base blockchain, underscoring banks' increasing involvement in the crypto market and the ongoing evolution of digital asset frameworks.
A large number of cryptocurrencies, including Ethereum and Cardano, are facing volatility and price corrections driven by selling pressures in broader financial markets, impacting investor sentiment and trading strategies.

Decrypt

Thailand Exempts Crypto Capital Gains to Boost Global Hub Ambitions decrypt.co an hour ago by Vismaya V
Law and Order
Deputy Finance Minister Julapun Amornvivat said Thailand aims to become “one of the world’s financial hubs” with its crypto tax exemption.
Gemini Files Complaint Against CFTC, Alleges 7-Year 'Lawfare' Campaign decrypt.co 3 hours ago by Vismaya V
Law and Order
Gemini flagged a whistleblower tied to fraud who may still receive a $1.5 million award, despite an arbitrator ruling he lied to regulators.
Meta is Attempting to Poach OpenAI Staff With $100M Signing Bonuses: Sam Altman decrypt.co 3 hours ago by Vince Dioquino
Artificial Intelligence
OpenAI CEO Sam Altman said Tuesday Facebook parent Meta is attempting to woo his employees with limited success.
China’s JD Eyes Global Stablecoin Licenses to Slash Payment Costs decrypt.co 5 hours ago by Callan Quinn
Business
Chinese e-commerce giant JD.com says it could cut cross-border settlement costs as it plans to acquire stablecoin licenses
OpenAI Lands Pentagon Deal—Musk’s xAI Left Watching From Sidelines decrypt.co 7 hours ago by Jason Nelson
Artificial Intelligence
A new $200 million contract with the Department of Defense puts OpenAI ahead in the race to bring AI to government.
How to Get Your Chatbot to Talk Dirty decrypt.co 10 hours ago by Jose Antonio Lanz
Coins
Users seeking steamy romance from their AI companions are getting yoga guides instead. Here’s how to stop your chatbot from pivoting from pass…
Is Semler Scientific Flashing a Warning Sign for Bitcoin Treasury Firms? decrypt.co 10 hours ago by André Beganski
Business
The company was valued at a razor-thin premium compared to its Bitcoin holdings, as of Tuesday.
Bitcoin Miners Face More Trouble as Transaction Fee Share Hits 3-Year Low decrypt.co 10 hours ago by Mathew Di Salvo
Markets
Bitcoin transaction fee rewards have dropped to their lowest level since 2022, making the already tough BTC mining industry even tougher.
Elon Musk’s xAI Seeks $4.3 Billion in Fresh Funding: Bloomberg decrypt.co 10 hours ago by Jason Nelson
Artificial Intelligence
xAI, Elon Musk's rising startup, is aiming to secure billions more in funding to fuel its AI ambitions, per a report.
JP Morgan's JPMD 'Stablecoin' Is Actually a Deposit Token on Base decrypt.co 10 hours ago by Liz Napolitano
Business
The token will be available for use by select Coinbase institutional clients, before later becoming available to more traders, pending regulat…
Senate Passes Landmark Stablecoin Bill in Major Boon for Crypto Industry decrypt.co 11 hours ago by Sander Lutz
Law and Order
Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin bill becomes law.
Next-Gen Xbox Preview: Everything You Need to Know About the Console and Crypto Plans decrypt.co 11 hours ago by Andrew Hayward
Games
UPDATE: Microsoft just confirmed who's providing the tech behind its next-gen Xbox consoles. Here's what you need to know.
Coinbase Eyes SEC Green Light for Trading of Tokenized Stocks: Reuters decrypt.co 12 hours ago by Mathew Di Salvo
Law and Order
Coinbase wants to offer stocks that trade on blockchains, according to an interview with the exchange's legal chief.
Bitcoin Financial Services Firm Fold Set to Unload $250 Million on BTC Buys decrypt.co 12 hours ago by Liz Napolitano
Business
The publicly traded Bitcoin financial services firm plans to issue and sell shares of its stock, largely to add more Bitcoin to its corporate …
Kraken's Ethereum Layer-2 Ink Network Is Launching a Token decrypt.co 12 hours ago by Logan Hitchcock
Coins
The Ink Foundation will debut a native token for Kraken's Ethereum layer-2 network. Here's what we know so far.
Bitcoin, Altcoins Plunge as Trump's Threat to Assassinate Iran Leader Escalates Middle East Tensions decrypt.co 13 hours ago by James Rubin
Coins
Bitcoin, Ethereum, and other coins are down after President Trump threatens to have Iran's leader assassinated.
JP Morgan Exec Wary of 'Overcrowding' Stablecoin Market as Bank Registers JPMD Trademark decrypt.co 14 hours ago by Stacy Elliott
Markets
JP Morgan warns of an "overcrowding" stablecoin market while major banks await regulatory clarity. The GENIUS Act faces a crucial Senate vote …
Meme Coin Massacre: Buying Opportunity or a Warning to Exit? decrypt.co 14 hours ago by Jose Antonio Lanz
fartcoin, pepe, Markets
PEPE drops 12%, SPX6900 dives 11%, and Fartcoin falls 9% amid geopolitical shocks and whale exits. Is the meme coin market facing a hard reset…
TRUMP'S CRYPTO RISK, THE CRCL TRADE, MARKET VOLATILITY decrypt.co 15 hours ago
TRUMP'S CRYPTO RISK, THE CRCL TRADE, MARKET VOLATILITY UNDER EXPOSED LIVE ON DEGENZ. Degenz Live is the only content you need for crypto, macr…
Institutional Investors Ready to Buy Crypto ETPs 'In a Matter of Weeks' as UK FCA Approval Looms: WisdomTree decrypt.co 15 hours ago by Stephen Graves
dogecoin, Business
Institutional investors representing retail clients are waiting for the UK regulator to fire the starting gun, said the digital asset manager.
This Crypto Gaming PC Will Self-Destruct on Command decrypt.co 16 hours ago by Logan Hitchcock
Gaming
Ethereum gaming protocol B3 has acquired PC rig maker Andromeda Insights, revealing a crypto-ready desktop with a head-turning feature.
What Does Ethereum’s Staking Record Signal for the Asset? decrypt.co 16 hours ago by André Beganski
Coins
Staking dynamics affect Ethereum’s circulating supply.
TRUMP SPOOKS MARKETS, JP MORGAN STABLECOIN COMING, TRON TO IPO decrypt.co 17 hours ago
TRUMP SPOOKS MARKETS, JP MORGAN STABLECOIN COMING, TRON TO IPO - FOMO HOUR LIVE ON DEGENZ. Degenz Live is the only content you need for crypto…
EigenLayer Gets $70M From a16z to Launch Off-Chain Verifiability Platform decrypt.co 19 hours ago by Vince Dioquino
Coins
EigenLayer has secured $70 million for a platform that enables blockchain-grade verification for off-chain apps in AI, finance, and beyond.
Ethereum and Solana Meme Coins PEPE, FLOKI, WIF Lead Losses as Market Dips decrypt.co 19 hours ago by Vismaya V
dogwifhat, pepe, Coins
Meme coins Pepe, Floki Inu and Dogwifhat have led losses as the crypto market experiences a 3.5% pullback Tuesday morning.
Bitcoin Price Holds Steady Amid Iran Conflict Fears decrypt.co 21 hours ago by Will McCurdy
Markets
Analysts told Decrypt they expect Bitcoin to remain stable until there is more clarity about the U.S. response to Middle East tensions.
CRYPTO REBOUNDS AFTER MIDDLE EAST CONFLICT, HYPE KEEPS GOING HIGHER! decrypt.co 21 hours ago
CRYPTO REBOUNDS AFTER MIDDLE EAST CONFLICT, HYPE KEEPS GOING HIGHER! - FOMO HOUR LIVE ON DEGENZ. Degenz Live is the only content you need for …
EU Risks Becoming Crypto ‘Flyover Zone’ Between US, Asia: Franklin Templeton decrypt.co a day ago by Stephen Graves
Business
The United States’ crypto-friendly approach has given the EU a shot in the arm as it mulls an update to 2023’s MiCA regulations.
SBF Portrayed in Sold-Out Prison Musical With Luigi Mangione, 'Diddy' as Inmates decrypt.co a day ago by Vince Dioquino
News
SBF joins Luigi Mangione and Sean 'Diddy' Combs in a provocative dark comedy exploring America's fascination with fallen icons.
Eric Trump Denies Involvement in Tron Nasdaq Deal Despite Board Role decrypt.co a day ago by Callan Quinn
Business
Eric Trump says he has no “public involvement" in Tron’s reverse merger effort, despite sitting on the board of a bank brokering the deal.
Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X decrypt.co a day ago by Callan Quinn
Coins
Accounts linked to Pump.fun, GMGN and other Solana-based projects have been taken down without warning, triggering speculation as to why.
Polymarket Odds on US Strike Against Iran Spike, Then Fall decrypt.co a day ago by Jason Nelson
Markets
The conflict has sparked interest among punters, even as the odds of a U.S. strike against Iran on Polymarket fall.
China’s $9 AI Video Tool Kling 2.1 Adds Audio—Can It Beat Google’s $250 Veo 3? decrypt.co a day ago by Jose Antonio Lanz
Artificial Intelligence
Kuaishou has rolled out synchronized sound effects for its video generator in a bid to challenge Google’s Veo3. But is it better?
Avalanche Launches Free Gaming 'Battle Pass' With AVAX and NFT Rewards decrypt.co a day ago by Andrew Hayward
Gaming
The free Avalanche Battle Pass NFT, which can be minted at Magic Eden, provides token rewards to crypto gamers.
Cantor Sees 75% Upside in Solana-Focused Stocks With New Analyst Coverage decrypt.co a day ago by Sebastian Sinclair
Markets
Cantor analysts think Solana-linked stocks could outperform by offering faster crypto exposure and income through staking.
JP Morgan Files Trademark for JPMD: Is It a Stablecoin? decrypt.co a day ago by Liz Napolitano
Business
The U.S. investment bank has submitted a regulatory filing has submitted a regulatory filing to trademark JPMD—a mysterious project proposal t…
Crypto Is Now Trump's Second-Most Lucrative Source of Income decrypt.co a day ago by Sander Lutz
Business
The president made more money off crypto than most income streams in 2024—before he re-assumed the White House and made billions more off the …
'AI Godfather' Warns Superintelligent Machines Could Kill Off Humans With Biowarfare decrypt.co a day ago by Jason Nelson
Artificial Intelligence
Geoffrey Hinton warned that AI may surpass humans in all domains—and could eliminate us via autonomous weapons, cyberattacks, and biowarfare.
Coinbase Faces Backlash Over 'Tone-Deaf' Sponsorship of US Army Parade decrypt.co a day ago by Ryan Gladwin
Business
Some crypto users are upset at Coinbase for sponsoring Trump's U.S. Army parade, due to the firm's past statements and a belief that Bitcoin i…
What Happens to USDC Reserves If Circle Goes Bankrupt? decrypt.co a day ago by Stacy Elliott
Business
Circle's stock is soaring right now—but what happens to the assets backing its USDC stablecoin if the public firm goes bust?
Crypto Plunges, Israel strikes Iran, Gold & Oil Soar decrypt.co 5 days ago
Crypto Plunges, Israel strikes Iran, Gold & Oil Soar FOMO HOUR EP378 Crypto plunges as Israel strikes Iran. $1.1bn liquidations, Wynn liquidat…
Crypto rally fails, Israel-Iran tensions grow, BTC treasuries soar decrypt.co 6 days ago
Crypto rally fails, Israel-Iran tensions grow, BTC treasuries soar FOMO HOUR EP377 Crypto pulls back after rally on Israel-Iran fears. US Hous…
BTC stable ahead of CPI, SOL ETFs coming soon, SPX hits ATH decrypt.co 7 days ago
BTC stable ahead of CPI, SOL ETFs coming soon, SPX hits ATH FOMO HOUR EP376 BTC steady ahead of CPI today. SOL outperforms, SEC may approve st…
ETH leads majors, DeFi coins soar, HYPE hits ATH decrypt.co 8 days ago
ETH leads majors, DeFi coins soar, HYPE hits ATH FOMO HOUR EP375 ETH leads majors as BTC briefly hits $110k. Staking not a securities transact…
BTC edges Higher, Plasma ICO today, Inflation Data this week decrypt.co 9 days ago
BTC edges Higher, Plasma ICO today, Inflation Data this week FOMO HOUR EP374 BTC: 107.7k (+3%), ETH: 2540 (+2%), SOL: 155 (+5%). Top Gainers: …
SuiPlay0X1 Hands-On: A Crypto Handheld Console decrypt.co 11 days ago
The SuiPlay0X1 is a crypto-fueled handheld console set to ship this summer, as it attempts to rival the Steam Deck and other crypto gaming har…
Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin decrypt.co 12 days ago
Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin FOMO HOUR EP373 FOMO HOUR brings you the biggest daily news, updates and event…
This OR That: Crypto Edition decrypt.co 13 days ago
Decrypt's Ryan S. Gladwin went to Token2049 in Dubai to ask the Crypto world to choose either "this" or "that" for some of the industries most…
Bitcoin stable, global stocks hit ATH, SPX leads memes decrypt.co 13 days ago
Bitcoin stable, global stocks hit ATH, SPX leads memes FOMO HOUR EP372 BTC stable, alts mixed with SOL underperforming. JP Morgan to offer fin…
PumpFun plans token, ETH leads again, Trumps deny wallet decrypt.co 14 days ago
PumpFun plans token, ETH leads again, Trumps deny wallet FOMO HOUR EP371 ETH leads again as BTC stable around $106k. PumpFun plans $1bn token …