What Are Algorithmic Stablecoins? – Decrypt
Decentralized finance (DeFi) is a complex and rapidly developing industry, full of experimentation and innovation, and building on the philosophical...
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NFTs Started ‘a Digital Art Renaissance.’ It’s Far From Over
Digital art was born in the 1960s, but the 2020s will surely go down as the era when the medium...
As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1
In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin...
EX Sports’ New NFT Street Football Game is About Much More Than Just Scoring Goals
Millions of kids around the world dream of playing professional soccer when they grow up—but most don’t have to overcome...
Department of Justice Indicts Crypto CEO for Alleged $62M Fraud Scheme
The CEO of mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted for allegedly orchestrating...
Bitcoin Falls Below $35K for First Time Since January
Bitcoin fell below $35,000 on Sunday morning after declining almost 4% over the past 24 hours and nearly 9% over...
How $50 Million in Loans Nearly Crashed Fantom
Decrypting DeFi is Decrypt's DeFi email newsletter. (art: Grant Kempster) Last week was a wild one for the speedy, proof-of-stake...
Sony and Theta Labs Launch 3D NFTs That You Can (Almost) Touch
NFTs are taking yet another step further into the real world. Theta Labs, operator of the blockchain-based video streaming platform...
The Biggest Crypto Deal That Wasn’t: A Closer Look at Galaxy’s BitGo Purchase
In brief Initial reports that Galaxy's purchase of BitGo was worth $1.2 billion overlooked an important factor. The purchase price...
Shanghai Residents Vent Lockdown Frustrations Into NFT Collections
Shanghai residents, the largest city in China with a population of more than 25 million people, are finding novel ways...
SEC Renames and Expands Crypto Enforcement Unit by 20 Personnel
The U.S. Securities and Exchange Commission (SEC) is expanding its crypto investigations unit. According to a statement today, this expansion...
ApeCoin Plummets Double Digits After Metaverse NFT Land Sale
ApeCoin is facing some serious volatility. In the past 24 hours alone, the token behind ApeDAO, a decentralized organization (DAO)...
Seven-Hour Solana Crash Blamed on Bots Swarming Candy Machine
Solana went dark for nearly seven hours on Saturday—roughly 4:30 p.m. to 11 p.m. EST—after bots appear to have swarmed...
Why Ethereum Mergers Love Lido
Decrypting DeFi is Decrypt's DeFi email newsletter. (art: Grant Kempster) Ethereum core developer Tim Beiko took to Twitter on April...
DeFi Transactions at 1-Year Low, NFTs Set All-Time High in Q1: Report
The volume of DeFi transactions was the lowest it’s been in a year while NFT transactions reached an all-time high...
Bitrefill to Launch Service Letting US Users Pay Bills With Crypto
Swedish startup Bitrefill, best known for its marketplace letting users spend their crypto on gift cards and mobile top-ups, today...
GamerGains Gets $5.8 Million for Solana Play-and-Earn Platform Supporting Web2 Games
While there’s been plenty of news about upcoming Web3 games in recent months, few are focused on Web3 integrations for...
Dogecoin Surges on Reports Twitter Will Reconsider Elon Musk Buyout Offer
The popular meme coin Dogecoin has jumped more than 12% in the past hour following reports that Twitter is expected...
Animoca Brands ‘Not Done Acquiring’ Studios to Make NFT Games: Chairman
In brief Animoca Brands recently acquired three game studios, including Eden Games. Co-founder Yat Siu told Decrypt that Animoca may...
This Week in Coins: Bitcoin Back Below $40K, Markets Mostly Flat
This week in coins. Illustration by Mitchell Preffer for Decrypt. Most leading coins stagnated this week, with minimal new institutional...
Payments Giant Stripe to Pilot Crypto Payouts With Twitter
Stripe’s latest announcement may make it easier for creators worldwide to hold dollars. It’s a small step, but the payment...
Ethereum Earned Global Investors $76.3B in Realized Gains Thanks to DeFi: Report
While there’s been plenty of talk of Ethereum flipping Bitcoin in terms of market capitalization, the leading cryptocurrency is still...
