With less than 24 hours until Ethereum (ETH) undergoes its long-awaited merge, the price of the second-largest cryptocurrency by market cap is hardly making any noise. As data from CoinMarketCap shows, ETH is…
The Linux Foundation today announced plans to form the OpenWallet Foundation (OWF), described as “a new collaborative effort to develop open source software to support interoperability for a wide range of wallet use…
FTX Exchange’s founder and CEO Sam Bankman-Fried offered a reassuring perspective on this year’s plummet in crypto asset prices on Monday, arguing at the SALT conference in New York that the decline was…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated upgrade. Bounty hunters are on the…
Apecoin (APE), the Ethereum-based token of the Bored Ape Yacht Club ecosystem, is up 15.7% over the past 24 hours and is currently changing hands at a two-week high of $5.19, according to…
Stephen Diehl was giving an ebullient toast at the world’s first conference for crypto skeptics, which he co-hosted this week. “We want to thank the sponsors, and of course the illuminati,” he said,…
The SPAC firm taking cryptocurrency miner Bitdeer public at a $4 billion valuation has filed for another three-month extension. The Blue Safari Group, a special purpose acquisition company, was supposed to merge with…
On-chain lending platform dAMM Finance launches today, bringing capital efficient, transparent decentralized lending and borrowing to institutional investors. The decentralized finance (DeFi) platform was born out of frustration with the existing options available…
South Korean electronics company LG has just launched its own new NFT marketplace, dubbed “LG Art Labs,” available from today to all US LG television owners running webOS 5.0. The marketplace is accessible…
Kraken CEO Jesse Powell denounced the U.S. government’s ban on crypto transaction privacy tool Tornado Cash as “unconstitutional.” Speaking to Bloomberg on Tuesday, he said that “people have a right to financial privacy,”…
In brief Jump Crypto and the Solana Foundation will create a second validator client for the Solana blockchain network. It’s intended to improve performance as the network scales, as well as boost decentralization….
Crypto’s top “meme coins” didn’t take the weekend off, with both Shiba Inu (SHIB) and Dogecoin (DOGE) seeing notable gains on Sunday. Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap,…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Despite the ongoing cypto bear market, many top cryptocurrencies posted double-digit percentage gains over the week. Bitcoin had no such luck. Bitcoin only…
In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%,…
Sam Bankman-Fried has handed out some $750 million in lifelines to BlockFi and Voyager after the two lenders went insolvent amid the current crypto crash, and he has made clear that more bailouts…
Ripple Labs—the blockchain payments company behind XRP—may be interested in purchasing assets belonging to the insolvent crypto lending company Celsius. A company spokesperson told Reuters that Ripple is “interested in learning about Celsius…