Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
The U.S. Securities and Exchange Commission (SEC) has rescinded the crypto accounting rule SAB 121, potentially enabling in-kind Bitcoin redemptions for ETFs like @BlackRock’s IBIT, which may streamline processes and reduce Bitcoin selling pressure. #Update #Crypto $BTC (+6) ↗
@THORChain paused its savers and lending programs, freezing $98 million in crypto assets amid a $200 million insolvency. The move aims to prevent a financial collapse, with the community having 90 days for restructuring. #Breaking #Crypto $RUNE (-9) ↘
Senator Elizabeth Warren criticized Elon Musk’s Department of Government Efficiency (DOGE) as a “venue for corruption,” urging reforms to save $2 trillion without cutting essential programs. DOGE, led by Musk, aims to reduce bureaucracy and spending. #Update #Legal $DOGE (-4) ↘
Ethereum founder Vitalik Buterin criticizes politician-issued cryptocurrencies as “perfect bribery vehicles,” highlighting concerns over passive value increases and foreign influence. His comments follow the launch of Solana-based TRUMP and MELANIA meme coins, prompting calls for investigation. #Breaking #Crypto $TRUMP (-8) ↘
The U.S. Securities and Exchange Commission (SEC) rescinded Staff Accounting Bulletin No. 121, indicating a regulatory shift under Commissioner Hester Peirce’s leadership, impacting crypto-assets’ accounting standards. #Breaking #Legal $BTC (+8) ↗
White House AI and Crypto Czar David Sacks classifies NFTs and meme coins as “collectibles,” potentially redefining their market perception. This could impact regulatory approaches, especially as the U.S. aims for crypto leadership. #Update #Crypto $TRUMP (+3) ↗
@RoninChain’s Tama Meme launchpad, created by Moku with backing from Sky Mavis, is now live, enabling users to create meme coins on the Ethereum sidechain. It has already facilitated 7,000 tokens held by nearly 60,000 wallets. #Update #Crypto $RON (+6) ↗
Ross Ulbricht, former Silk Road operator, may have access to 430 $BTC worth $47M in dormant wallets, says Coinbase’s Conor Grogan. Meanwhile, @krakenfx donated $111,111 in $BTC to Ulbricht post-release. #Update #Crypto (+5) ↗
OpenAI’s new Operator feature enables ChatGPT to autonomously perform tasks like booking flights, but it’s exclusive to $200/month Pro subscribers in the U.S., highlighting a tiered access system for advanced AI functionalities. #Update #Tech (+3) ↗
Ivanka Trump denounced a fraudulent meme coin project using her name, emphasizing no involvement and pursuing legal action. The $IVANKA token, despite being unauthorized, surged 40% following her statement. #Breaking #Legal $IVANKA (-8) ↘
@Ledger’s co-founder David Balland was freed after a kidnapping and crypto ransom demand in France. Rescued by the National Gendarmerie, Balland’s abduction highlights ongoing security concerns amid $BTC trading above $106,000. #Breaking #Legal $BTC (-9) ↘
@BitwiseInvest registers “BITWISE DOGECOIN ETF” as a Delaware statutory trust, signaling potential future $DOGE ETF plans. This step is preparatory, not an official SEC filing yet. #Update #ETF $DOGE (+3) ↗
Ross Ulbricht, founder of Silk Road, was pardoned by former President Donald Trump, reigniting discussions in the crypto community about the intersection of Bitcoin and liberty. @krakenfx donated $111,111 in $BTC to support Ulbricht post-pardon. #Breaking #Legal $BTC (+8) ↗
@Etherealize_io, an Ethereum-focused startup backed by Vitalik Buterin, launched to engage Wall Street and promote $ETH as the network faces internal leadership challenges and community concerns. #Update #Crypto $ETH (+3) ↗
