Business

‘Know Your Issuer’: This Tech Combats Counterfeit Coins, Starting With USDC and PYUSD

In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…

Technology

Google Reveals Layer-1 ‘Universal Ledger’ Plans as Circle, Stripe Prep Rival Chains

In brief Rich Widmann, Google Cloud’s head of Web3 strategy, confirmed that the Universal Ledger is a layer-1 blockchain. The system uses Python for smart contracts, diverging from industry standards like Solidity and Rust. Analysts question Google’s neutrality as it competes with Stripe and Circle for institutional blockchain infrastructure. Over five months after Google Cloud…

Opinion

Morning Minute: The Solana Treasury Gold Rush Accelerates

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 SubstackGM!Today’s top news: Crypto majors red but moving higher after Trump moved to fire Fed Governor Lisa Cook ETH ETFs see $444M in net inflows,…

Law and Order

Elon Musk Sues Apple, OpenAI Over iPhone AI ‘Monopoly’

In brief Musk’s X Corp. and xAI claim Apple’s exclusive ChatGPT integration gives OpenAI “billions of user prompts” while completely blocking competitors. The lawsuit accuses Apple of manipulating App Store rankings to favor ChatGPT despite Grok ranking second in “Productivity.” Xai and X Corp. are seeking billions in damages and court orders to end the…