Everything web3, crypto, defi, degen
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 A hacking syndicate allegedly stole $28.1 million (₩39 billion) from financial and crypto accounts of 258 wealthy Koreans, including celebrities and top business executives. The largest single crypto theft reached $15.4 million (₩21.3 billion), though authorities haven’t specified what portion of the total losses was in crypto. The case exposes systematic vulnerabilities in…
In brief The Solana Policy Institute pledged $500,000 to fund legal defenses of Tornado Cash developers Roman Storm and Alexey Pertsev, who were convicted of money laundering-related crimes. The group argued that prosecuting developers for building neutral software tools creates a chilling precedent and threatens innovation, even as the Trump DOJ signaled it may stop…
In brief Solana is steadily climbing up the price charts, leading today among crypto majors. The price of SOL jumped by as much as 8% today, and the odds of SOL hitting a new all-time high this year have increased on Myriad by almost 20%. Here’s what the charts have to say about it. Solana…
In brief A coalition of 114 crypto companies and tech lobbying groups sent a letter to the Senate Banking Committee demanding strong legal protections for software developers in any upcoming crypto market structure bill. The letter emphasized that developers of decentralized software should not face criminal liability for how others use their programs, comparing public…
In brief The U.S.’s recently passed stablecoin law has heightened pressure on Europe to accelerate digital euro plans. Deploying on Ethereum or Solana could expand global use of the currency, Decrypt was told. Yet privacy, governance and banking stability remain key concerns for officials. European officials are considering whether to issue the digital euro on…
In brief In a demo, Comet’s AI assistant followed embedded prompts and posted private emails and codes. Brave says the vulnerability remained exploitable weeks after Perplexity claimed to have fixed it. Experts warn that prompt injection attacks expose deep security gaps in AI agent systems. Brave Software has uncovered a security flaw in Perplexity AI’s…
In brief House Republicans have attached anti-CBDC measures to an upcoming Defense Bill. The U.S. remains the only major economy to halt retail CBDC development. Stablecoins have gained traction in the U.S. as lawmakers cite fears over the privacy and control of CBDCs. House Republicans have added a provision banning central bank digital currencies (CBDCs)…
In brief Acting chair Caroline Pham said Thursday the sprint expands to custody, leveraged retail trading, and consumer protections, with feedback due October 20. The initiative is part of a four-phase process that began August 1, running alongside the SEC’s Project Crypto. Observers told Decrypt the U.S. is shifting from enforcement to enablement, positioning itself…
In brief Coinbase is listing the World Liberty Financial stablecoin, USD1. World Liberty Financial is backed by President Donald Trump and its sons. While a dollar-pegged stablecoin like USD1 won’t see a price jump from the listing, it could boost World Liberty’s visibility. The USD1 stablecoin from World Liberty Financial—a crypto project backed by President…
