Everything web3, crypto, defi, degen
A federal judge on Friday handed prison terms totaling nearly eight years to two former executives at failed crypto lender Cred, whose actions fueled one of crypto’s worst investor losses.Legal experts told Decrypt that the sentences establish new precedents for executive accountability in crypto fraud cases.Daniel Schatt, former CEO and co-founder of Cred LLC, received…
In brief Bitcoin ended the month with a 6.47% loss, despite reaching a record high of $124,545.60. Experts are closely watching jobless claims, U.S. productivity, and the August jobs report that could influence the Fed’s September rate cut decision. A weak jobs report could counterintuitively be a positive catalyst for Bitcoin, according to experts who…
In brief Remy St Felix was previously convicted of leading a home invasion crew that swiped crypto from victims. Already serving 47 years in prison, he was sentenced to six additional years for beating a witness. So-called wrench attacks, or physical assaults on crypto holders, have accelerated this year. A Florida man sentenced to 47…
August 30, 2025 | Asset Listings We’re thrilled to announce that USD1 is available for trading on Kraken! Funding and trading USD1 trading is live as of August 30, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Eric Trump said this week that he expects Bitcoin to reach a price of $1 million in the future. President Trump’s son highlighted the major demand and limited supply for the top crypto asset. He told listeners that buying now will age terrifically in the next five years. Eric Trump thinks Bitcoin reaching…
In brief Bitcoin has dropped 3.77% on average each September since 2013, with eight monthly crashes in 11 years. Seasonal pressures—from fund rebalancing to Fed policy jitters—fuel risk-off sentiment that spills over from stocks into crypto. This year’s setup adds war, sticky inflation, and Fed uncertainty, making $105K the line in the sand for traders.…
In brief Tron’s blockchain is expected to be 60% cheaper to use after a vote by users. The upgrade should make the network more attractive for crypto users, creator Justin Sun said. Tron is popular with stablecoin users, but transaction costs have risen over the last year. Tron has become cheaper to use after the…
In brief The SEC is mulling 90 applications for crypto ETFs, many focused on XRP, Solana, and other top altcoins. Many of the funds are expected to be approved this year, according to industry experts. Some will likely be shuttered due to lackluster inflows, a crypto startup CEO told Decrypt. There is a growing stack…
In brief Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes. Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption. His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt. Speaking at the…
In brief Bitcoin dropped on Friday, bringing Ethereum and other major coins and tokens with it. Cryptocurrency prices dropped on hot inflation data, with stocks also dipping on Friday. September is typically a bad month for crypto, though Bitcoin and Ethereum just recently hit new highs. Bitcoin dropped below the $109,000 mark on Friday—bringing other…
