Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out
The White House acknowledges that the process for setting up a long-term stockpile of bitcoin
Crypto
Bitcoin Hits Highest Price in Weeks as Bernstein Analysts Maintain 'Ambitious' $150K Target
Since reaching a new all-time high price last October, Bitcoin has failed to meet lofty future price targets from enthusiasts and analysts alike, falling nearly 50% since that time.
ByteDance and Alibaba to Pull Agent Features as China Cracks Down on Humanlike AI
While American politicians tackle the impact of AI chatbots on the mental health of users with restrictions focusing on transparency and safeguards, Beijing appears poised to shut down AI personalities altogether.
Yield Guild Kills Crypto Game Publishing Arm, Lays Off 35 in AI Pivot
Yield Guild Games, a blockchain-based gaming organization, announced Monday that it is shutting down YGG Play, its publishing arm for crypto-infused casual games, citing the crypto market downturn alongside broader vide…
Coinbase's AI System Hallucinated a World Cup Result Before the Match Even Started
Coinbase’s AI-generated news system drew scrutiny over the weekend after sending users a false alert that reported the outcome of a World Cup match hours before players took the field.
Over 150,000 People Signed Up to Masturbate With AI. Here's Why
When the AI companion company Joi announced in May that it would pay people $2,000 to test an AI-guided masturbation feature, it expected attention. It didn't, however, expect the campaign to go viral, drawing more than…
One month that shook the market: Saylor's struggles over bitcoin strategy yields big losses
Strategy's (MSTR) machinations of the past few weeks at a minimum suggest a company attempting to find its footing as bitcoin's
Bitcoin Mining Stocks Jump After TeraWulf Signs $19 Billion Lease With Anthropic
Bitcoin miner TeraWulf is placing a major bet on artificial intelligence, striking a 20-year lease with Anthropic that the company says could bring in roughly $19 billion in revenue while shedding part of its stake in a…
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
Decentralized finance protocol Summer.fi has paused its Lazy Summer vaults after an exploit that drained about $6 million from the Ethereum-based yield platform, according to the project and several blockchain security …
Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution
Ethereum's ambitious plan to reinvent itself over the next several years is getting an enthusiastic reception from many of the network's researchers, though several say the biggest challenge won't be deciding what to bu…
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
TeraWulf, a bitcoin miner that has remade itself into an AI landlord, signed a 20-year lease with Anthropic to host the AI company at a Kentucky data center, sending its shares up as much as 19% on Monday before they se…
Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
Bitmine Immersion (BMNR), the largest Ethereum (ETH) treasury company, stepped up its buying pace last week, purchasing 42,197 ether (ETH) as chairman Thomas Lee pointed to improving prospects for U.S. crypto legislatio…
Strategy Sells $216M in Bitcoin for Dividends Under 'BTC Monetization Program'
Strategy, the largest corporate holder of Bitcoin, sold 3,588 BTC over the past week for around $216 million, according to a Monday disclosure. The proceeds funded dividends on its preferred shares and topped up its U.S…
Tom Lee’s BitMine Adds $73 Million in Ethereum While Strategy Dumps Bitcoin
Publicly traded Ethereum treasury firm BitMine Immersion Technologies added around $73 million in ETH last week while Strategy, its leading Bitcoin counterpart, dumped $216 million in BTC to pay dividend obligations.
Ripple's preliminary crypto asset provider license in Luxembourg upgraded to fully compliant
Ripple said Monday that Luxembourg upgraded its preliminary Crypto-Asset Service Provider (CASP) authorization under the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulations to a full license. The approval …
Russia's largest bank plans crypto wallet launch as Moscow clears market path
Russia’s largest bank, Sberbank, plans to offer a cryptocurrency wallet and digital depository by December, bringing the financial institution into a market the country spent years trying to contain.
Ethereum 'Reinventing Itself' With Biggest Overhaul Since the Merge: Vitalik Buterin
Ethereum co-founder Vitalik Buterin has laid out an updated vision for the blockchain's next several years, billing it as the most sweeping rebuild since the network ditched mining and declaring that Ethereum is "reinve…
Morning Minute: Crypto Surges Over Holiday Weekend
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the to…
Cantor says Strategy's recovery hinges on restoring STRC to par
Cantor said Strategy's (MSTR) top priority is restoring its STRC preferred stock to par, arguing that doing so is key to restarting the company's bitcoin
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
Strategy (MSTR) sold 3,588 bitcoin for approximately $216 million last week, reducing its total holdings to 843,775 BTC, according to a Monday SEC filing.
Bitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it means.
The Sharpe Ratio is the gold standard for measuring risk-adjusted returns and was developed by Nobel Prize-winning economist William F. Sharpe.
FOMC minutes, SpaceX joins Nasdaq 100: Crypto Week Ahead
Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
U.S. inflation outlook underpins bitcoin bulls after best week since March
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Ether leads crypto's hold above key levels as bitcoin steadies over $63,000
Ether (ETH) led crypto majors into Monday as bitcoin held above $63,000, steadying after a week that pulled it off its lows and back to its highest in more than a month.