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Decrypt
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A daily news site covering all things crypto and the decentralized web.
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Ethereum’s Second-Largest Crash Brings Price Below $1,000
https://decrypt.co/53767/ethereum-second-largest-crash-price-below-1000

It’s been a rough day for cryptocurrency investors, especially for anyone who bought Ethereum in the last week.
Pay This Hacker Bitcoin or Your Penis Stays in the Cage
https://decrypt.co/53778/hacker-bitcoin-penis-cage-cellmate-chastity

An attacker has reportedly seized control of the internet-connected, genital-trapping devices and demanded payment in crypto.
Crypto Twitter Divided Following Trump's Social Media Ban
https://decrypt.co/53780/crypto-twitter-divided-following-trumps-twitter-ban

The President's deplatforming by social media firms has sparked debate among the crypto community over the sweeping powers afforded to tech companies.
How Bitcoin Privacy Wallet Wasabi Withstood an Attack on Tor
https://decrypt.co/53795/bitcoin-privacy-wallet-wasabi-attack-tor

A bug that took down certain Tor sites didn’t cause much trouble to one privacy wallet that relied on its services. Here’s how.
The Deplatforming of Parler Is a Boon for Bitcoin-friendly Gab
https://decrypt.co/53807/the-deplatforming-of-parler-is-a-boon-for-bitcoin-friendly-gab

Parler and Gab both refer to themselves “free speech” social networks. But one is offline and the other is gaining users.
Institutional Investors Unfazed by Bitcoin Price Crash
https://decrypt.co/53816/institutional-investors-unfazed-by-bitcoin-crash

Crypto financiers are unemotional about Bitcoin’s crash.
New OCC Regulations a 'Double-edged Sword for Crypto Sector'
https://decrypt.co/53821/new-occ-regulations-a-double-edged-sword-for-crypto-sector

Sorting out the winners and losers of the OCC's cryptocurrency letter.
PayPal Hits $240 Million in Crypto Trading As Markets Recover
https://decrypt.co/53829/paypal-hits-240-million-in-crypto-trading-as-markets-recover

PayPal records its highest ever crypto volume in one day as global market cap re-takes $1 trillion. Wall Street saw modest losses.
The First Bitcoin Transaction Was Sent to Hal Finney 12 Years Ago
https://decrypt.co/53727/the-first-bitcoin-transaction-was-sent-to-hal-finney-12-years-ago

Hal Finney was the first-ever recipient of Bitcoin—a historic event that proved the network did work in reality.
What is Dogecoin (DOGE)? How To Buy It (2021)
https://decrypt.co/5678/dogecoin-crypto-cryptocurrency-guide-how-to-buy

Dogecoin is a peer-to-peer cryptocurrency based on a popular Internet meme. The token started off as a joke, but it's become a serious proposition.
Grayscale Bitcoin Trust is Open to New Investors Again
https://decrypt.co/53839/grayscale-bitcoin-trust-is-open-to-new-investors-again

The Grayscale fund temporarily stopped onboarding new investors before the new year.
Telegram Sees 25 Million New Users in 72 Hours
https://decrypt.co/53847/telegram-sees-25-million-new-users-in-72-hours

Messaging app Telegram has seen a massive surge in new users, largely by those concerned about their privacy.
What is USDC? Beginner's Guide (2021)
https://decrypt.co/5716/what-is-us-dollar-coin-usdc

US Dollar Coin (USDC) is a stablecoin—a cryptocurrency token pegged to the value of a real-world asset, in this case the US Dollar.
Here's Why Coinbase Keeps Going Down During Bitcoin Rallies
https://decrypt.co/53848/heres-why-coinbase-keeps-going-down-during-bitcoin-rallies

The unpredictability of Bitcoin’s price makes it really hard for crypto exchanges to prepare for traffic spikes, experts said.
MicroStrategy Plans to Get More Corporations Buying Bitcoin
https://decrypt.co/53853/microstrategy-wants-to-help-more-corporations-buy-bitcoin

The business intelligence giant is hosting a free online course on Bitcoin. But can it convince the corporations?
German Police Shut Down 'World’s Largest' Darknet Marketplace
https://decrypt.co/53872/german-police-shut-down-darkmarket

A major darknet site went offline after authorities apprehended its operator.
More Financial Advisors Are Allocating Funds to Cryptocurrency
https://decrypt.co/53864/financial-advisors-are-allocating-funds-to-cryptocurrency-says-survey

Crypto index provider Bitwise surveyed a group of financial advisors and found there is a rapidly growing interest in cryptocurrency.
DeFi is Paving the Road for 'Self-Driving' Banks, Says OCC Chief
https://decrypt.co/53881/defi-self-driving-banks-occ-brian-brooks

In an opinion piece for the Financial Times, Brian Brooks warns of “new risks” in the world of decentralized finance.
Biden to Appoint Obama-era Vet Gensler as SEC Chair: Report
https://decrypt.co/53884/biden-to-appoint-obama-era-vet-gensler-as-sec-chair-report

Gary Gensler served as CFTC chair from 2009 to 2014. Now, President-elect Biden reportedly wants Gensler's rules-driven approach for the SEC.
'Parler Has a Right to Exist,' Says Vitalik Buterin. Can Ethereum Help?
https://decrypt.co/53890/parler-vitalik-buterin-ethereum

Buterin is troubled by the attacks on Parler. Crypto can help level the playing field, he says. Here's how.
SEC Enforcer Behind $1.3 Billion Ripple Lawsuit Stepping Down
https://decrypt.co/53897/sec-enforcer-behind-1-3-billion-ripple-lawsuit-stepping-down

The Securities and Exchange Commission’s Acting Enforcement Director Marc P. Berger led high-profile enforcement actions against cryptocurrency ICOs.