Starbucks Odyssey, the coffee chain’s NFT-driven rewards program built on Ethereum scaling network Polygon, is still in closed beta—but early adopters are already flipping the NFT stamps for nearly $2,000 apiece. Since the…
Xverse, billed as a “Bitcoin wallet for Web3,” just rolled out support for Ordinals, the newly popularized protocol allowing users to inscribe NFTs onto the Bitcoin blockchain. “Today, we’ve launched first class support…
A valuable digital collectible was permanently removed from circulation over the weekend, as its owner aimed to symbolically shift the asset’s underlying blockchain from Ethereum to Bitcoin. The collectible was Bored Ape Yacht…
Paxos confirmed Monday it received a Wells Notice from the Securities and Exchange Commission, stating it’s prepared to take on the agency and any enforcement actions related to stablecoin Binance USD. A Wells…
Illustration by Mitchell Preffer for Decrypt The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week. Bitcoin and Ethereum’s price drops managed to stay within single-digit…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) The integration of real-world assets, or RWAs, into the world of DeFi has been one of the hottest narratives so far in 2023. And…
The $60 billion implosion of the Terra ecosystem last May exposed cracks in the foundations of the crypto industry and kickstarted a year of cascading financial crises that have yet to relent. Now,…
Former Coinbase employee Ishan Wahi pleaded guilty to two counts of conspiracy to commit wire fraud Tuesday in connection to an insider-trading scheme at the exchange. But while the Department of Justice got…
The SEC is investigating San Francisco-based cryptocurrency exchange Kraken for violating securities laws, according to reports. Bloomberg reported Wednesday that the investigation was at an “advanced stage” and “could lead to a settlement…
U.S. prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents. Damian Williams, the main…
The judge overseeing the FTX bankruptcy proceeding still hasn’t decided whether he will appoint an independent examiner after a 4-hour hearing that included testimony from FTX CEO John Ray III. Judge John Doresey,…
Today’s most vibrant Web3 communities have been largely anchored around non-fungible tokens (NFTs) designed to serve as people’s online profile pictures. But Rug Radio intentionally waited to launch its own set. Many of…
Over the past week, FTM has soared roughly 35%. Chatter around a new stablecoin for the project alongside a host of new updates have likely been the key motors behind the latest move….
Despite software giant MicroStrategy’s posting another loss yesterday, many long-term shareholders still have reason to be happy: the company’s stock has doubled so far this year. The price of the Bitcoin-hoarding company’s stock…
MetaMask has added new privacy features to its browser extension Thursday, allowing users to enable phishing detection and enable advanced settings like choosing their own remote procedure call (RPC) network and adding a…
More individual NFTs were sold on Polygon than Ethereum via leading overall marketplace OpenSea for the second consecutive month, according to public blockchain data curated via a Dune dashboard. In January, OpenSea handled…