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Decrypt Staff

Decrypt Staff

Decrypt Staff is a byline used by staff writers for short pieces written from breaking news events.

Stories by Decrypt Staff

  • Tom Lee. Image: Decrypt

    Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway'

    Bitmine Immersion Technologies kept up its unbroken buying streak this week, adding 27,562 Ethereum—worth roughly $74 million—as chairman Tom Lee argued a fresh crypto bull market has begun and institutions are still on the sidelines. The NYSE-listed company said Monday its holdings now total 5,983,940 ETH, worth about $16.1 billion at a reference price of $2,688 per coin. Myriad: Where does Ethereum go next? Click to make your prediction. That represents 4.9% of Ethereum's total supply of 122.1...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Bitcoin. Source: Decrypt/Shutterstock

    Why Holding Anything But Bitcoin Has Been a Losing Bet for Two Years

    The gap between Bitcoin and the rest of the market has become a chasm. Over the past two years, Bitcoin gained 28% while the median mid-cap altcoin lost 74%, according to a new report from analytics firm Glassnode and crypto exchange Bybit. The report frames the divergence as the defining feature of this cycle: Bitcoin compounding higher while the mid-cap complex "halves and halves again." Myriad: Where does Bitcoin go next? Click to make your prediction. Ethereum, the second-largest cryptocurre...

    NewsMarkets
    2 min read
    Decrypt Staff
  • Coinbase flag. Image: Shutterstock/Decrypt

    Coinbase Files to List Single-Stock Perps on Apple, Tesla and Nvidia

    Coinbase is looking to import one of crypto's most popular trading instruments into the U.S. stock market, filing to list single-stock perpetual futures with federal regulators. The filing, submitted Friday through Coinbase Derivatives, seeks approval from the Commodity Futures Trading Commission for contracts that would give American traders leveraged exposure to individual stocks without owning the shares. Myriad: How low will Nvidia go? Click to make your prediction. The CFTC listing shows th...

    NewsBusiness
    2 min read
    Decrypt Staff
  • CFTC Chairman Michael Selig. Image: U.S. Nuclear Regulatory Commission/Decrypt

    CFTC Kicks Off Crypto Rulemaking, Bypassing a Stalled Congress

    The Commodity Futures Trading Commission is pushing ahead with its own crypto rulebook, sending a pair of digital-asset rulemakings to the White House for review just days after the Clarity Act collapsed in the Senate. According to a filing posted this week, the CFTC submitted a prerule titled "Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets" to the Office of Information and Regulatory Affairs, the White House office that vets federal rules before agencies release them....

    NewsLaw and Order
    2 min read
    Decrypt Staff
  • Revolut. Image: Revolut/Decrypt

    Revolut Leaks Passports, Bitcoin Transaction Histories to Fake Government Request

    Fintech giant Revolut handed sensitive customer data, including passport copies and full Bitcoin transaction histories, to a malicious actor after falling for a fraudulent request disguised as a legitimate government inquiry. According to a customer notification circulated by crypto investigator ZachXBT, Revolut received a request for customer information that appeared to come from a government agency, sent from an unauthorized email account using the agency's official domain. Myriad: Bitcoin's...

    NewsCoins
    2 min read
    Decrypt Staff
  • Ripple is a crypto software company focused on XRP solutions. Source: Ripple/Decrypt

    XRP Gets Another Boost Through Ripple Deal With Florida Athletics

    Ripple is taking its crypto-in-college-sports playbook to the Swamp, striking a multi-year marketing deal with the University of Florida that will splash the XRP logo across the field at Ben Hill Griffin Stadium starting this football season. Florida Athletics announced the deal Friday, saying the XRP branding will appear on the field as well as on digital properties and event signage in Gainesville. Myriad: Where does XRP price go next? Click to make your prediction. Beyond the marketing, Rippl...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Bitcoin. Source: Decrypt/Shutterstock

    Ancient Bitcoin Wallet That Turned $120 Into $3 Million Wakes Up

    The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale. According to Galaxy Research's blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4. Myriad: Bitcoin's next price move? Click to make your prediction. The largest, holding 146.06 BTC, or about $11.31 million, had sat...

    NewsCoins
    2 min read
    Decrypt Staff
  • Image: Unsplash

    As Public Fury Mounts, Texas Pulls the Plug on Flock Surveillance Funding

    Texas Gov. Greg Abbott has ordered state agencies to stop funding Flock Safety's AI-powered surveillance cameras, the latest blow to the license-plate-reader company as backlash over its nationwide network intensifies. Abbott issued the directive Thursday night, his office confirmed to the Texas Tribune, which reported the move as it prepared to publish an investigation showing a state agency had steered at least $30 million toward building out Texas's Flock network through grants to local polic...

    NewsTechnology
    3 min read
    Decrypt Staff
  • Bitcoin. Image: Shutterstock/Decrypt

    Strive Adds $143 Million in Bitcoin as Treasury Firms Pile Back In

    Strive is continuing to stack Bitcoin, snapping up another 1,800 BTC worth roughly $143 million as the asset manager expands one of the larger corporate crypto treasuries. CEO Matt Cole said Monday the company paid an average price of $79,431 per coin for the latest tranche, lifting Strive's total holdings to 23,156 BTC. At the reference price cited in the disclosure, that stash is valued at roughly $1.76 billion. Myriad: Bitcoin high in August? Click to make your prediction. The purchase extend...

    NewsCoins
    2 min read
    Decrypt Staff
  • XRP is a top coin by market cap. Image: Shutterstock/Decrypt

    XRP ETFs Extend Inflow Streak to 9 Days, Pulling In $1.6 Billion Since Launch

    Spot XRP exchange-traded funds are on a roll, stringing together nine straight days of net inflows even as the token's price has cooled. The funds took in $26.2 million on Aug. 28, according to data from SoSoValue, extending an inflow streak that stretches back to mid-August and lifting cumulative net inflows to about $1.6 billion. In the last nine days alone, the funds have drawn in over $100 million. Myriad: Where does XRP price go next? Click to make your prediction. With total net assets acr...

    NewsMarkets
    3 min read
    Decrypt Staff
  • Moscow, Russia. Image: Shutterstock/Decrypt

    Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans

    Russia's largest bank expects crypto trading to take off once the country's new digital asset rules take effect, and it's preparing to accept Ethereum and Tether's USDT as collateral for loans. Sberbank Deputy Chairman Anatoly Popov told state news agency TASS that cryptocurrency trading volumes in Russia could reach as much as 4 trillion rubles, or about $46.43 billion, in the first year, and climb to roughly 7.5 trillion rubles, around $87 billion, by 2029. Myriad: Bitcoin's next price move? C...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Hyperliquid. Image: Decrypt/Hyperliquid

    Hyperliquid in Talks With Kraken Parent to Bring Crypto Perps to US Traders

    Hyperliquid is in advanced discussions to bring its perpetual futures to American traders through Kraken's parent company, Payward, according to a report from Bloomberg. The talks, reported Monday and attributed to people familiar with the matter, would let U.S.-based traders access a subset of Hyperliquid's crypto-linked perpetual futures through Payward's Bitnomial, a U.S.-regulated digital asset exchange and clearinghouse, Bloomberg reported. Representatives for Payward and Hyperliquid Labs d...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Bitcoin. Source: Shutterstock/Decrypt

    Bitcoin Holds Steady as US Strikes on Iran Rattle Stocks and Lift Oil

    Bitcoin is proving resilient at the start of the week, holding above $78,000 even as fresh U.S. military strikes on Iran drove oil prices higher and pushed equities into the red. The largest cryptocurrency traded around $78,623 on Monday, down just 0.7% over 24 hours, according to CoinGecko, after dipping to an intraday low near $77,162. Despite the softer session, Bitcoin is on track to close August with a gain of more than 24%, its best month since 2017. Myriad: Bitcoin's next price move? Clic...

    NewsMarkets
    2 min read
    Decrypt Staff
  • The White House. Image: Decrypt/Shutterstock

    Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading

    A former White House teleprompter operator has agreed to pay $172,000 to settle charges that he traded on advance knowledge of presidential speeches, betting on prediction markets tied to the words President Donald Trump would say. The Commodity Futures Trading Commission said Friday that Gabriel Perez misappropriated confidential government information to trade "presidential mention market" contracts, event contracts that pay out based on specific words or phrases a president uses in a speech....

    NewsLaw and Order
    2 min read
    Decrypt Staff
  • Bitcoin logo. Image: Decrypt

    Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run

    Spot Bitcoin exchange-traded funds broke a nine-day winning streak on Friday, shedding money just as their Ethereum counterparts kept pulling in fresh cash. U.S. spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28, according to data from SoSoValue, ending a stretch of consecutive inflows that had run since mid-August. The reversal trimmed cumulative net inflows to about $55.1 billion, with the funds now holding roughly $93.9 billion in total net assets. Decrypt's ETF flow tracke...

    NewsMarkets
    3 min read
    Decrypt Staff
  • Source: Twitter/Decrypt

    Strategy’s Bitcoin Is $2.8 Billion in Profit—Is Saylor Teeing Up a Buy?

    Michael Saylor's Strategy is sitting on a paper profit again, with a Bitcoin rally lifting the value of its massive stash comfortably above what the company paid to build it. As the price of Bitcoin climbed to around $79,007 on Sunday, up 1% on the day per CoinGecko, Strategy's 840,447 BTC was worth roughly $66.4 billion. That marks about a 4.4% gain over the firm's average purchase price of $75,653, putting the position more than $2.8 billion in the green. Myriad: Bitcoin's next price move? Cli...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Senator Bernie Sanders. Image: Decrypt/Shutterstock

    Bernie Sanders Vows Legislation to 'Stop Flock and AI Mass Surveillance'

    Sen. Bernie Sanders is taking aim at Flock Safety, pledging to introduce legislation targeting the surveillance-camera company as he warned that artificial intelligence is pushing the country toward a "surveillance state." In a lengthy post on X on Wednesday, the Vermont independent framed the fight in stark terms, opening with "STOP FLOCK. STOP AI MASS SURVEILLANCE" and cautioning that unchecked tracking technology risks steering the U.S. toward totalitarianism. Myriad: When will OpenAI release...

    NewsTechnology
    3 min read
    Decrypt Staff
  • Bitcoin is the biggest crypto asset by market cap. Image: Shutterstock/Decrypt

    Bitcoin's Oldest Coins Are Waking Up in 2026 at a Pace Rarely Seen

    The most dormant Bitcoin on the network, coins untouched for a decade or more, is stirring at an unusual clip this year, according to fresh data from Galaxy Research. A chart the firm published last week tracks how much Bitcoin from each vintage "woke up" in each calendar year since 2012, sorted into age cohorts. The standout is the sliver at the very bottom of 2026's bar: a visible band of 10-year-and-older coins moving, rendered in red. Old Bitcoin awakenings by Age Cohort. Image: Galaxy Resea...

    NewsCoins
    3 min read
    Decrypt Staff
  • Image: BitGo/NYSE/Decrypt

    BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing

    BitGo has acquired the institutional trading business of NYDIG, adding derivatives, financing and capital-markets capabilities as the digital-asset infrastructure firm builds out its offerings for professional clients. The NYSE-listed company said Wednesday it entered into a definitive agreement and completed the deal, folding in roughly 30 NYDIG employees along with the unit's institutional client relationships. Myriad: Who IPOs first: OpenAI or Anthropic? Click to make your prediction. Accordi...

    NewsBusiness
    2 min read
    Decrypt Staff
  • Bitcoin is the leading crypto asset by market cap. Image: Shutterstock/Decrypt

    Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

    Bitcoin extended its rally on Friday, punishing traders who had bet against it and wiping out more than a billion dollars in bearish positions. The largest cryptocurrency changed hands around $77,137, up 7.9% over the past 24 hours, according to CoinGecko data, after touching an intraday high of $79,320. The move capped a strong week that left Bitcoin up 23.2% over seven days, even as it remained down roughly 31.8% from a year ago. Myriad: Bitcoin next price move? Click to make your prediction....

    NewsCoins
    2 min read
    Decrypt Staff
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