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Senate Stablecoin Bill Makes Progress With New Draft—Here’s What’s In It

May 15, 2025 by kamal

A new draft of the GENIUS Act is being touted by Democrats as containing major concessions. The bill may receive a new floor vote in the coming days.

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Bitcoin Depot Shares Pop as ATM Operator Posts 19% Q1 Revenue Increase

May 15, 2025 by kamal

The firm controls over 8,400 Bitcoin kiosks in North America.

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Crypto falls, 10Y back above 4.5%, Believe App pauses launches

May 15, 2025 by kamal

Crypto falls, 10Y back above 4.5%, Believe App pauses launches FOMO HOUR EP358 BTC dominance rises, major L1s all fall. Buffet destroying capital in cash: Saylor. JPM settles transaction on public blockchain. Tether launches QVAC, its AI platform. USD devaluation to drive BTC: Hayes. VanEck launches Onchain Economy ETF. ETH Foundation to launch 1TS audit … Read more

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Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally

May 15, 2025 by kamal

“Ongoing global economic uncertainty and persistently high interest rates in the U.S. may act as headwinds” for crypto, an analyst told Decrypt.

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$78 Million Lost to ‘Laundering Loophole’ in Tether Freezing Method Since 2017

May 15, 2025 by kamal

An AMLBot report claims that Tether’s multi-signature set up for freezing funds creates a “critical window” for illicit actors to exploit.

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ILM Makes ‘Star Wars: Field Guide’ Short Film Using Generative AI

May 15, 2025 by kamal

Visual effects firms need to use AI tools “thoughtfully,” argued Industrial Light & Magic boss Rob Bredow.

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Bitcoin Dips on Weaker Than Expected US Wholesale Prices

May 15, 2025 by kamal

“If Powell signals no urgency to ease policy … markets could still turn defensive,” an analyst told Decrypt.

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Coinbase Turns Tables on Would-Be Extortionists, Offers $20M Bounty for Information

May 15, 2025 by kamal

The attackers sent a ransom note demanding $20 million in Bitcoin, threatening to publish stolen customer data if Coinbase didn’t pay.

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Crypto Playing ‘Growing Role’ in Crime Across Western Balkans: NGO

May 15, 2025 by kamal

Balkan criminal networks are routing tens of millions of euros via crypto wallets, GI-TOC researchers told Decrypt.

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Telegram Pulls Plug on Haowang Guarantee Crypto Crime Syndicate

May 15, 2025 by kamal

Telegram banned thousands of accounts linked to the black market, formerly Huione Guarantee—but spin-offs are already filling the void.

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CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit

May 15, 2025 by kamal

CoreWeave’s Q1 revenue surged fivefold to $981M, but widening losses and $23B in projected spending raise concerns over profitability.

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Mastercard to Roll Out New Stablecoin Cards in Latest Crypto Push With MoonPay

May 15, 2025 by kamal

MoonPay has tapped Mastercard to launch global stablecoin card services, expanding the card giant’s crypto push amid competition with Visa.

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Nebraska Lawmakers Approve Crypto Mining Limits in Final Reading

May 15, 2025 by kamal

If signed by the Governor, Nebraska’s bill would take effect this October, regulating crypto miners using over 1 MW of electricity.

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Ethereum Foundation Launches ‘Trillion Dollar Security Initiative’ to Fortify Network

May 15, 2025 by kamal

The Ethereum Foundation has launched a three-phase initiative to strengthen network security and support broader onchain adoption.

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What’s Up Grok? AI Under Fire for Injecting ‘White Genocide’ Claims Into Unrelated Replies

May 15, 2025 by kamal

Elon Musk’s AI chatbot Grok is inserting off-topic “white genocide” claims into user queries, sparking backlash among users.

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Lyft Taps Solana-Powered Bee Maps for Decentralized Mapping Data

May 15, 2025 by kamal

The Rideshare firm began sourcing map data from a Hivemapper-powered platform last year, Decrypt has learned.

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British Museum Puts Sculptures of Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

May 14, 2025 by kamal

Asprey Studio’s 11 sterling silver sculptures based on Albrecht Dürer’s 1514 print will be paired with Bitcoin Ordinals inscriptions.

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Crypto, Stock Trading Platform eToro Soars to $5.4 Billion Market Cap After Nasdaq Debut

May 14, 2025 by kamal

Shares of stock brokerage and crypto trading platform eToro closed 29% higher on Wednesday following its Nasdaq debut, settling around $67.

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House Democrats Seek Treasury Reports on Trump’s Meme Coin, World Liberty Financial

May 14, 2025 by kamal

Top-ranking House Democrats are requesting U.S. Treasury suspicious activity reports related to the Trump family’s crypto endeavors.

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Bitcoin Price Is Too Low, Should Hit $500K-$1M This Cycle: Adam Back

May 14, 2025 by kamal

The Bitcoin pioneer and Blockstream boss thinks BTC is undervalued.

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Meet ‘QVAC’: Tether’s Decentralized AI God in Your Pocket

May 14, 2025 by kamal

Stablecoin giant Tether’s new QVAC AI platform takes aim at Big Tech and lets agents run independently, transacting in Bitcoin and USDT.

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Why Ethereum Has Soared Over the Past 7 Days: Bernstein

May 14, 2025 by kamal

The investment firm attributed the surge partly to rising interest in layer-2 networks.

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Coinbase Finally Settles Dogecoin Sweepstakes Lawsuit

May 14, 2025 by kamal

Coinbase and a marketing firm have agreed to pay $2,250,000 to settle a class action lawsuit related to a Dogecoin sweepstakes from 2021.

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CFTC Commissioner Mersinger Tapped to Lead Top Crypto Lobbying Firm

May 14, 2025 by kamal

Summer Mersinger’s move to the Blockchain Association comes as the CFTC looks poised to become the industry’s chief regulator.

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JPMorgan Settles First Tokenized Treasury Transaction on Public Blockchain, Using Chainlink, Ondo Finance

May 14, 2025 by kamal

JPMorgan Chase completed its first transaction on a public blockchain, using Ondo Finance. 

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Decoupling Again? Bitcoin Retains Its Gains as Gold Hits Monthly Low

May 14, 2025 by kamal

Bitcoin has been portrayed as “digital gold,” but it’s been behaving differently than its analog counterpart.

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Anthropic Accused of Citing AI ‘Hallucination’ in Song Lyrics Lawsuit

May 14, 2025 by kamal

The firm was ordered to respond to allegations that its AI expert cited a non-existent academic source as part of a $75M copyright suit.

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‘Pixelmon’ to Launch ‘Warden’s Ascent’ RPG and Idle Mobile Games on Avalanche—Here’s Why

May 14, 2025 by kamal

Pixelmon has signed an exclusivity deal with Avalanche as the franchise gears up to launch two mobile games on the network.

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AI Sports Betting Agent Aims to Disrupt Tipster Industry Using Crypto

May 14, 2025 by kamal

Billy Bets is an AI agent that is looking to upend the sports betting industry by using blockchain networks to promote transparency.

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Brian Armstrong Makes ‘Open Call’ For Ex-DOGE Staff to Join Coinbase

May 14, 2025 by kamal

The CEO offered DOGE staffers a fast track into Coinbase after a viral clip showed a Harvard dropout facing backlash for joining the agency.

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