Aave co-founder Stani Kulechov feels more optimistic than ever that the $5 billion DeFi lending protocol’s upcoming stablecoin GHO (pronounced “go” as in ghost, the project’s mascot) will solve real world payment problems….
Silicon Valley’s elephant in the room, the massive venture capital firm Andreessen Horowitz (also known as a16z), is lending a helping hand to Twitter’s new overlord Elon Musk. Sriram Krishnan, a general partner…
Illustration by Mitchell Preffer for Decrypt The industry was more optimistic than usual this week. After nearly two months of weeklong price freezes or crashes, it appeared that things are finally starting to…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets unthawed this week for the first time in six consecutive weeks. Bitcoin (BTC) rose 8% over the past seven days and…
Binance is creating an internal team to help Twitter fight bot accounts using blockchain and crypto, the exchange confirmed to Decrypt on Friday. The world’s biggest cryptocurrency exchange today announced itself as an…
With just one day to go before officially purchasing Twitter, Elon Musk today dropped a last-minute statement on his motivations for acquiring the social media giant. And the avid Dogecoin fan has much…
Two Solana-based DeFi protocols have reopened following the $114 million hack of lending protocol Mango Markets. Yield aggregator Tulip and stablecoin provider UXD have recovered tokens from Mango Markets, which was hit with…
BitMEX has named chief financial officer Stephan Lutz interim CEO after Alexander Hoeptner left “with immediate effect.” “Together with the rest of the management team and our talented staff members, I will make…
Hackers attacked decentralized exchange (DEX) QuickSwap today, making away with $220,000 in a flash loan exploit. The DEX said Monday that it had closed QuickSwap Lend, its lending protocol, following the exploit. It…
This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the fifth consecutive week of either flat prices or losses, but flatness suddenly looks a little more promising than usual. New…
I expected a fairly lazy and hysterical recounting of the many ills of crypto when I began reading Popping the Crypto Bubble. The ambitious crypto-skeptical book was co-authored earlier this year by financial…
Gavin Wood, co-founder of Parity Technologies, the company behind the Polkadot blockchain, is stepping down as the firm’s CEO, according to a Bloomberg report. Wood, also an early Ethereum contributor and co-founder, will…
After starting with Bitcoin, $4.5 trillion asset manager Fidelity is now turning to Ethereum. “Institutional Ethereum capabilities are coming to the Fidelity Digital Assets platform on October 28, 2022,” Fidelity Digital Assets said…
In brief Helius, a Solana infrastructure startup, raised a $3.1 million seed round. The development platform was co-founded by former Coinbase and Amazon engineers. Solana infrastructure startup Helius today announced that it raised…
Bitcoin miners and hosting companies staying afloat in this market have had to venture outside the blockchain industry. At current prices and Bitcoin network difficulty, only Bitcoin miners with the newest, most efficient…
Cryptocurrency exchange FTX, its FTX US division, and founder and CEO Sam Bankman-Fried are being investigated by Texas regulators over potential securities violations, according to a state filing. Regulators are probing whether yield-bearing…