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What's new in crypto and the advent of the decentralized web. https://decrypt.co/feed

SEC Drops Probe Into PayPal's PYUSD Stablecoin

The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector.

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https://decrypt.co/317093/sec-drops-probe-into-paypals-pyusd-stablecoin

Bitcoin Community Split Over Key Proposal To Add Data

A proposal to ditch data storage limits sparked heated debate among Bitcoin devs, with some arguing it could alter Bitcoin's core purpose.

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https://decrypt.co/317071/bitcoin-community-split-over-key-proposal-to-add-data

OpenAI Rolls Back ChatGPT Update After User Pushback Over ‘Sycophantic’ Behavior

The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT's tone as disingenuous and manipulative.

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https://decrypt.co/317055/openai-chatgpt-update-users-revolt-over-sycophantic-behavior

Libre and TON have launched a $500M tokenized fund for Telegram bonds, giving institutions access to $2.4 billion in debt.

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https://decrypt.co/317054/telegram-debt-defi-500-million-on-chain-fund-launch-ton

Ethereum Rollup Scroll Now Lets Users Exit Independently, Becoming 'First' to Hit Decentralization Milestone

Having reached "Stage 1" decentralization status, the scaling solution has become fairer and safer for users, Scroll claims.

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https://decrypt.co/317046/ethereum-rollup-scroll-lets-first-decentralization-milestone

Trump's $1B Dubai Tower Project to Accept Crypto Payments for Luxury Apartments

The Trump family continues to lean into crypto, expanding its global footprint with advisory roles, digital asset endorsements, and payments.

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https://decrypt.co/317039/trump-dubai-tower-project-crypto-payments

Bank of Italy Warns of Systemic Crypto Risks, Concentration of Power Under Trump

The Bank of Italy has cautioned against crypto’s growing systemic threat and the Trump administration’s cozy relationship with the sector.

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https://decrypt.co/317024/bank-italy-warns-systemic-crypto-risks-concentration-power-trump

South Korea's Ruling Party Vows to Approve Spot Crypto ETFs, Scrap Key Banking Rule

South Korea’s People Power Party has pledged crypto reforms, including ETF approval and banking rule repeal, ahead of the June election.

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https://decrypt.co/316839/south-koreas-ruling-party-spot-crypto-etfs-key-banking-rule

OpenAI Rolls Out Upgrades for ChatGPT Search, Online Shopping

OpenAI has added shopping, trending search suggestions, and citation improvements to ChatGPT, bumping against Google’s ad-driven business.

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https://decrypt.co/316837/openai-upgrades-chatgpt-search-online-shopping

Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills

If approved by the governor, Arizona could become the first state to solidify the regulation of crypto and digital assets on the frontier.

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https://decrypt.co/316830/arizona-lawmakers-approve-complementary-bitcoin-crypto-bills

Amazon Starts Deploying Satellites in Bid to Challenge Elon Musk's Starlink

ULA has launched Amazon’s first Kuiper satellites, stepping up competition with SpaceX's Starlink network.

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https://decrypt.co/316833/amazon-satellites-challenge-elon-musks-starlink

Monero Jumps 51% After 'Suspicious Transfer' of $333M in Bitcoin

Monero’s XMR token spiked on Monday, with investigators suspecting the network was used to launder $333 million worth of stolen Bitcoin.

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https://decrypt.co/316640/monero-jumps-51-after-suspicious-transfer-of-333m-in-bitcoin

Grayscale Still Tops All Spot Bitcoin ETFs in Revenue

Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals' combined $211 million.

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https://decrypt.co/316619/grayscale-still-tops-all-spot-bitcoin-etfs-in-revenue

This Week in Crypto Games: Ubisoft's 'Might & Magic', 'Peaky Blinders' in Development

Looking for the latest on crypto games, including new releases, token launches and airdrops, and more? Here's what you need to know.

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https://decrypt.co/315962/this-week-crypto-games-ubisoft-might-magic-peaky-blinders

Why Alabama’s Securities Commissioner Dropped Its Case Against Coinbase

Efforts in Congress to create a legislative framework for crypto were chief among the Commission's reasons for pulling back against Coinbase.

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https://decrypt.co/316564/why-alabama-dropped-coinbase-case

'Battle of the Three Kingdoms' Oasys Game Based on Sega IP Launching Next Week

Sega's arcade game Sangokushi Taisen is getting its own crypto card game spinoff next week on the Oasys blockchain.

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https://decrypt.co/316469/battle-three-kingdoms-oasys-game-sega

Solana Foundation Shifts Validator Strategy to Promote Self-Sufficiency

The new policy will remove long-term validators with minimal external stake, promoting decentralization while addressing certain concerns.

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https://decrypt.co/316097/solana-foundation-shifts-validator-strategy

SEC's Crypto Custody Roundtable Begins Tomorrow, Here's What You Should Know

As crypto custody rules face scrutiny, the SEC gathers industry voices to debate the future of safeguarding digital assets.

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https://decrypt.co/316092/sec-crypto-custody-roundtable-begins-tomorrow

Elderly Americans Hit Hardest by $9.3B Crypto Scam Wave in 2024: FBI

America's seniors lost nearly $3 billion to crypto fraud despite representing just 17% of the population, with ATM scams now a rising trend.

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https://decrypt.co/316090/elderly-americans-hit-hardest-by-9-3b-crypto-scam-wave-in-2024-fbi

Trump Launches AI Education Push With Latest Executive Order

Trump’s executive order will establish a task force and training grants to advance AI learning for students and educators.

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https://decrypt.co/316080/trump-launches-ai-education-push-latest-executive-order

Lucky Trader Turns $170 Into $225K By Holding Solana Meme Coin

Troll, which was created on Solana nearly a year ago, has soared 361,500% since December. One trader rode this wave for dizzying profits.

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https://decrypt.co/315970/lucky-trader-turns-170-225k-solana-meme-coin

Trump Meme Coin Goes Parabolic as President Touts Dinner for Top Holders

President Trump's Solana meme coin, TRUMP, just jumped 66% on news that top holders will be invited to an exclusive dinner.

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https://decrypt.co/315967/president-trump-solana-meme-coin-parabolic

Will the Bitcoin Price Rally Continue?

Bitcoin’s latest surge past $93,000 has traders weighing whether easing macro tensions and rising money supply will sustain the rally.

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https://decrypt.co/315874/will-bitcoin-price-rally-continue

Nasdaq-Listed Janover Buys More Solana, Changes Name to DeFi Development Corp.

Publicly traded real estate tech firm Janover is going deep on crypto, stacking more Solana and adopting a DeFi-inspired name.

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https://decrypt.co/315822/nasdaq-listed-janover-buys-solana-changes-name

Quantum Computers Take Massive Step Forward for Cryptography

Researchers used a 56-qubit system to create truly random numbers that even the most powerful supercomputers couldn't predict or fake.

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https://decrypt.co/315824/quantum-computers-massive-step-cryptography

Bitcoin Jumps as US Treasury’s Bessent Hints at ‘Perceived Progress’ on Trade Negotiations

The White House has recently focused its trade war on China.

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https://decrypt.co/315821/bitcoin-jumps-as-bessent-hints-at-progress-on-trade-negotiations

Australian Federal Court Backs Crypto Lender in Landmark Win Over ASIC

The court overturned a previous ruling that Block Earner's crypto product required financial licensing, ordering the regulator to pay up.

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https://decrypt.co/315726/australian-federal-court-backs-crypto-lender-in-landmark-win-over-asic

Paul Atkins Returns to SEC Helm as Trump Reasserts Influence Over Agency Watchdog

Former SEC Commissioner Atkins returns to shape a "rational" crypto framework, with a $327M net worth, he's the richest SEC chair in decades.

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https://decrypt.co/315705/paul-atkins-returns-sec-helm