Everything web3, crypto, defi, degen
U.S. President Donald Trump has pardoned Binance founder Changpeng Zhao, the White House confirmed to Decrypt on Thursday, marking the latest clemency for the digital asset industry from the crypto-friendly administration.Zhao, also known as “CZ,” resigned his position as Binance’s CEO in 2023 as part of a plea bargain that sent him to jail for four months in…
In brief Proof-of-work layer-1 network Tari has developed a mining infrastructure that, it claims, can have users up and running within 45 seconds. Tari Universe is billed as “the world’s easiest to use mining app,” and can be installed on nearly any Mac or PC. Tari is designed around “pragmatic” privacy controls. Crypto mining is…
In brief Paxos mistakenly minted 300 trillion PYUSD tokens last week before burning them 24 minutes later in what the company on Wednesday called an “internal technical error” that never left its systems. The Paxos co-founder said “the mistake was entirely ours” and blamed rarely-used manual operational processes designed for “very secure cold minting processes”…
In brief Coinbase’s new MCP tool lets AI agents hold wallets and send stablecoin payments. Payments MCP builds on Coinbase’s x402 protocol for machine-to-machine crypto transfers. Built-in wallet limits and compliance checks aim to keep AI spending safe and traceable. Coinbase is linking artificial intelligence directly to crypto payments with a new system built on…
In brief 60% of Australians still say they don’t trust crypto, up from 57% in 2024. Labor’s reform package spans exchange licensing, stablecoin oversight, and payments modernization. Swyftx projects millions of new investors once regulation is finalized. Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious…
In brief Stanford’s PRIMA chip restores sight to patients once considered incurable. The wireless implant converts light into signals the brain can read. Human trials show restored reading and face recognition ability. After decades of trial and error, scientists at Stanford Medicine have given blind patients something rare in medicine—a second chance at sight.Their wireless…
In brief Leading crypto executives met with Senate Democrats and Republicans on Wednesday, in sit-downs that exposed divisions over the path forward to passing a crypto market structure bill. Democrats were frustrated about numerous issues, including recent leaks of proposed bill language, while Republicans warned that if the bill doesn’t move forward soon, it could…
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. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors reverse and flip red; BTC -1% at $107,500 BTC ETF inflows reach $477M, not enough to counter selling DraftKings acquires…
In brief Stock exchanges in Hong Kong and India have rejected companies attempting to pivot to Bitcoin treasury strategies, with none receiving regulatory approval in recent months. Experts have questioned if digital-asset treasuries are justified, warning they risk becoming “volatility arbitrage shells disguised as leveraged Bitcoin plays” that harm retail investors. Jetking Infotrain’s Siddarth Bharwani…
DePIN-fueled ecosystem AIOZ Network is “evolving a people-powered internet”—addressing key pain points while delivering infrastructure that’s designed for the artificial intelligence era.“AIOZ Network empowers users to store, compute, and share data on their own terms,” Erman Tjiputra, Founder and CEO of AIOZ Network, told Decrypt. Anyone can contribute to the “people-powered, peer-to-peer DePIN network” using…
