Decrypt
Senator Elizabeth Warren raised concerns about Beast Industries' acquisition of Step, cautioning the company to be careful as it considers incorporating crypto into its mobile banking app for young investors. The 12-page letter focused on Step's past involvement in crypto, including promoting risky investments to teens.
LATEST NEWS
Decrypt
The fear of Bitcoin's encryption being shattered by quantum computers has sparked debate, with experts warning of potential panic and market reactions. Despite the theoretical threat, the necessary quantum computing power to break Bitcoin's encryption remains years away.
Decrypt
During Coinbase's Q3 earnings call, CEO Brian Armstrong mentioned specific words to fulfill a prediction market, delighting users who had wagered on them. Armstrong's last-minute inclusions led to high odds for words like "Web3" and "Ethereum," ultimately paying out predictors.
Decrypt
A federal appeals court in Denver upheld a lower court's decision, denying Custodia a master account with the Federal Reserve. The court agreed with the Fed's stance that it can refuse such privileges based on risk assessment.
Decrypt
The European Council has urged the European Central Bank to expedite the development of the digital euro, with plans for a pilot in 2027 and potential full rollout in 2029. The digital euro aims to digitize cash and reduce reliance on physical notes.
Decrypt
Coinhub, a Bitcoin ATM operator, was fined $675,000 by the California DFPI for overcharging customers, including restitution to affected consumers. The DFPI has taken multiple enforcement actions against crypto ATM operators for violating California's Digital Financial Assets Law.
Decrypt
Tether's reported net income of $10 billion for the first three quarters of 2025 rivals top financial institutions like Bank of America and U.S. Bank. The stablecoin issuer's profits mainly come from U.S. Treasuries investments, surpassing some countries in holdings.
Decrypt
OranjeBTC, Brazil's largest Bitcoin treasury, has ceased buying BTC and opted to repurchase its own shares after going public. The company stated it would assess future actions, potentially increasing stock value by reducing supply.
Decrypt
REX Shares introduced the REX IncomeMax Option Strategy ETF, aiming to generate weekly income from volatile U.S. stocks, including crypto-related companies like Core Scientific and Gemini. The ETF actively manages put and call positions for downside protection against market swings.
Protos
Garden's $11 million hack was linked to a compromised solver, leading to losses across Ethereum, BSC, and Solana. Blockchain investigators suspect the team of downplaying the incident to maintain a decentralized image.
Decrypt
Fold has partnered with Steak ‘n Shake to offer a promotion where customers can earn $5 in BTC by uploading their receipts at bitcoinmealdeal.com. This collaboration aims to showcase how Bitcoin can seamlessly integrate into everyday spending, with plans for more mainstream partnerships in the future.