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

America's Biggest Banks Consider Teaming Up to Challenge $245B Stablecoin Market: WSJ

Major U.S. banks are weighing a joint stablecoin venture as pending legislation opens the door to challenge Circle and Tether’s dominance.

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https://decrypt.co/321744/americas-biggest-banks-teaming-stablecoin-market

Myriad Moves: Bitcoin Price Predictions and Eyes on Coinbase Hack Bounty Prize

Myriad's hottest prediction markets ask whether Bitcoin will eclipse $115K this weekend, along with Coinbase and box office guesses.

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https://decrypt.co/321630/myriad-moves-bitcoin-price-predictions-coinbase-hack-bounty

Anthropic's Claude 4 Arrives, Obliterating AI Rivals—And Budgets Too

Anthropic's latest Claude models promise coding marathons and superior reasoning. But you'll pay premium rates for the privilege.

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https://decrypt.co/321648/claude-4-obliterates-ai-rivals-budgets-too

Russia Could Relocate Bitcoin Miners To Northern Regions: Report

The move to repurpose its old oil production infrastructure comes after Russia slapped a Bitcoin mining ban on regions in the south.

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https://decrypt.co/321598/russia-could-relocate-bitcoin-miners-to-northern-regions-report

UK Appeals Court Dismisses Bitcoin SV Investors’ $13.3B Damages Bid Against Binance

The court rejected loss-of-chance claims in BSV investors’ class-action suit against Binance, ruling such damages are not legally applicable.

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https://decrypt.co/321523/uk-appeals-court-dismisses-bitcoin-sv-investors-13-3b-damages-bid-against-binance

Hong Kong Passes Law to Regulate Fiat-Pegged Stablecoins

The new law introduces a licensing regime for stablecoin issuers as the city seeks to balance crypto innovation and investor protections.

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https://decrypt.co/321516/hong-kong-passes-law-to-regulate-fiat-pegged-stablecoins

Michigan Lawmakers Propose Four New Crypto-Related Bills

The new Michigan bills would permit Bitcoin pension investments, bar state CBDC support, and offer tax breaks for crypto mining at oil sites.

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https://decrypt.co/321508/michigan-lawmakers-propose-four-new-crypto-related-bills

Law Enforcement Seize Domains Linked to Seed Phrase Stealing Malware LummaC2

Authorities have seized key infrastructure of a malware service used to steal crypto wallet data and other credentials from millions.

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https://decrypt.co/321498/law-enforcement-seize-domains-seed-phrase-stealing-malware-lummac2

Bitcoin Is Roaring and Analysts Say Altcoins Could be Next

Bitcoin’s record high has analysts eyeing a potential altcoin rally—if market conditions align and the crypto's dominance hits a key level.

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https://decrypt.co/321483/bitcoin-roaring-analysts-altcoins-next

SafeMoon CEO Found Guilty in US Crypto Fraud Trial

The SafeMoon CEO faces up to 45 years in prison after a jury convicted him of defrauding investors and misappropriating millions in crypto.

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https://decrypt.co/321465/safemoon-ceo-found-guilty-in-us-crypto-fraud-trial

Bitcoin Reenters Price Discovery—How High Will It Go?

Bitcoin set a new price record Wednesday, but analysts and industry bigwigs expect much larger gains ahead. Here are their lofty targets.

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https://decrypt.co/321437/bitcoin-reenters-price-discovery-how-high

Iowa Court Rules in Favor of Bitcoin ATM Operator in Scammed Money Case

The decision reversed a lower court ruling that seized cash totalling $28,000 should be returned to the scam victims.

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https://decrypt.co/321212/bitcoin-atm-operator-receive-scammed-money-not-victim-iowa-court-rules

ASIC Seeks High Court Ruling on Crypto Yield Products After Block Earner Win

Australia’s corporate regulator is seeking High Court clarity on how crypto yield products should be regulated under financial law.

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https://decrypt.co/321247/asic-seeks-high-court-ruling-crypto-yield-products-block-earner

Google Unveils Android XR Glasses with Gemini AI Integration

Google’s demo of the Android XR showed off features including livestreaming, photo capture, and Google Maps virtual display.

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https://decrypt.co/321236/google-unveils-android-xr-glasses-gemini-ai-integration

US Tourist Says Bitcoin, XRP Worth $123K Stolen After Ride With Fake Uber in London

An American tourist has lost more than $123,000 in crypto after being drugged and abducted by a fake Uber driver in London’s West End.

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https://decrypt.co/321243/us-tourist-bitcoin-xrp-123k-stolen-ride-fake-uber-london

SEC Charges Unicoin, Executives Over Alleged $110 Million Crypto Fraud

The SEC alleges Unicoin misled over 5,000 investors in a $100 million crypto offering with false claims about asset backing and registration.

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https://decrypt.co/321234/sec-charges-unicoin-executives-alleged-110-million-crypto-fraud

Binance Seeks Dismissal of FTX’s $1.76B Clawback Suit, Calling It ‘Legally Deficient’

Binance called FTX suit legally baseless, blaming collapse on "one of the most massive corporate frauds in history."

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https://decrypt.co/321017/binance-seeks-dismissal-ftxs-clawback-suit

Screen Actors Guild Files Charges Against Epic Games Subsidiary Over AI Darth Vader

The U.S. actors' union has filed a complaint against Epic’s Llama Productions, alleging it used AI to replace voice actors without consent.

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https://decrypt.co/320986/screen-actors-guild-charges-epic-games-subsidiary-ai-darth-vader

Genesis Sues DCG, Seeks Recovery of Over $3.1B in Note and Asset Transfers

Genesis is suing DCG and CEO Barry Silbert to recover over $3.1 billion, alleging fraud, self-dealing, and improper asset transfers.

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https://decrypt.co/321004/genesis-sues-dcg-3-1b-note-asset-transfers

Trump Signs Bipartisan Act Targeting Deepfake Abuse and Online Exploitation

The New law makes non-consensual intimate images and deepfake porn a federal crime, requiring tech companies to take down images when asked.

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https://decrypt.co/320996/trump-signs-bipartisan-act-targeting-deepfake-abuse-online-exploitation

JP Morgan Boss Jamie Dimon Says Bank Will Allow Clients to Buy Bitcoin

The well-known critic of the biggest cryptocurrency by market cap said Monday that his bank would allow customers to buy BTC.

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https://decrypt.co/320941/jp-morgan-boss-jamie-dimon-says-bank-allow-clients-buy-bitcoin

Europol Busts 'Hawala Banking' Network Cashing Crypto for Criminals

The group offered "illegal hawala banking, cash collection, cash courier services, and the exchange of cryptocurrencies for cash," Europol said.

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https://decrypt.co/320836/europol-busts-hawala-banking-network-cashing-crypto-for-criminals

El Salvador’s Bitcoin Bet Swells to $644M as Rally Boosts Sovereign Holdings

El Salvador now holds 6,181 BTC worth $644M, up $137M in a month, ranking just behind the U.S., China, U.K., Ukraine, and Bhutan.

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https://decrypt.co/320814/el-salvadors-bitcoin-bet-swells-to-644m-as-rally-boosts-sovereign-holdings

Elton John Slams UK AI Copyright Plan as 'Criminal' Theft of Creative Work

The music icon joins industry pushback against a proposed law allowing AI training on creative works without explicit permission.

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https://decrypt.co/320804/elton-john-slams-uk-ai-copyright-plan

Australian Man Forfeits $2.5M in Bitcoin Without Charges After AFP Crypto Probe

The Australian man's assets were seized under proceeds of crime laws following an AFP probe into a major crypto hack from 2013.

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https://decrypt.co/320799/australian-man-forfeits-2-5m-bitcoin-without-charges

'Rizz-to-Earn': Flirting With an AI Agent Could Win You a Crypto Airdrop

Pixels is offering token rewards to players that can flirt the best with an AI agent. Do you have enough rizz to earn an airdrop?

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https://decrypt.co/320489/rizz-earn-sweet-talking-ai-agent-airdrop-pixels

What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

From gold to real estate, tokenized real-world assets are tying physical assets to blockchain, creating value in the volatile crypto space.

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https://decrypt.co/resources/what-are-tokenized-real-world-assets-rwa

Bitcoin Jumps Above $105K for First Time Since January as XRP, Dogecoin Rise

Bitcoin is now just 3% away from its all-time high mark following the latest leg up, while Dogecoin, XRP, and Ethereum gain.

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https://decrypt.co/320759/bitcoin-above-105k-xrp-dogecoin-rise

Decrypt’s Picks: A Guide to the Best AI Tools for Amateur Musicians

AI tools are transforming how music is made, offering everything from lyrical inspiration to full-song production. Here are our picks.

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https://decrypt.co/319867/best-ai-tools-amateur-musicians

Judge Rejects SEC and Ripple's Bid to Rework XRP Settlement

U.S. District Judge Analisa Torres said Thursday that even if she had jurisdiction, she would still deny the motion as “procedurally improper.”

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https://decrypt.co/320398/judge-rejects-sec-ripples-xrp-settlement

Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows

The Wisconsin fund sold its Bitcoin ETF stake sometime in Q1, weeks before sweeping U.S. tariffs triggered a crypto market slide.

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https://decrypt.co/320373/wisconsin-pension-fund-300m-blackrock-bitcoin-etf-tariff-turmoil

Paris Kidnapping Attempt Highlights Growing Threat to Crypto Figures

The daughter and grandson of a French crypto exchange co-founder have narrowly escaped armed abduction in Paris.

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https://decrypt.co/319612/paris-kidnapping-attempt-highlights-growing-threat-to-crypto-figures

India Tightens Crypto Oversight in Jammu and Kashmir Amid Security Concerns

The advisory from the Financial Intelligence Unit is urging exchanges to flag activity tied to “private wallets.”

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https://decrypt.co/319480/india-crypto-oversight-jammu-kashmir

Meta Removes Deepfake AI Ad After Jamie Lee Curtis Calls Out Mark Zuckerberg

Meta removed a fake AI ad using Curtis’ likeness after she publicly urged the firm’s CEO to act, citing misuse of her voice and image.

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https://decrypt.co/319413/meta-removes-deepfake-ai-ad-after-jamie-lee-curtis-calls-out-mark-zuckerberg

Curve Finance Hit by DNS Record Attack, Warns Users to Avoid Main Site

"User funds are safe. Curve smart contracts remain secure," the project's team said.

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https://decrypt.co/319414/curve-finance-dns-record-attack

Caitlyn Jenner Meme Coin Lawsuit Tossed for Lack of US Jurisdiction

A federal court tossed a proposed class action accusing Caitlyn Jenner of crypto fraud, but left the door open for an amended complaint.

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https://decrypt.co/319365/caitlyn-jenner-meme-coin-lawsuit-tossed-lack-us-jurisdiction

FBI Begins Process to Seize $1.2M in Bitcoin from GirlsDoPorn Boss

U.S. authorities ordered Pratt and his accomplices to forfeit their Bitcoin in July 2024.

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https://decrypt.co/319048/fbi-begins-process-to-seize-1-2m-in-bitcoin-from-girlsdoporn-boss

Bitcoin ETFs Dominated Institutional Investing Last Week, Says CoinShares

Bitcoin ETFs dominated the net inflows to crypto funds last week, according to a new report from CoinShares.

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https://decrypt.co/318967/bitcoin-etfs-dominated-institutional-investing-last-week-says-coinshares