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A daily news site covering all things crypto and the decentralized web.
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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.
Former Overstock CEO, an Early Bitcoin Champion, Banned by Twitter
https://decrypt.co/53903/former-overstock-ceo-an-early-bitcoin-champion-banned-by-twitter

Patrick Byrne was once the poster boy for corporate adoption of Bitcoin. He’s spent the last few months pushing election conspiracy theories.
Hester Peirce Says SEC Can Take ‘Fresh Look’ at Crypto Under Biden
https://decrypt.co/53908/hester-peirce-says-sec-can-take-fresh-look-at-crypto-under-biden

“We still don’t know what crypto is going to become,” the SEC commissioner told a panel.
Bitcoin Whales Swoop in As Markets Hit Turbulence
https://decrypt.co/53911/bitcoin-whales-swoop-in-as-markets-hit-turbulence

While prices have been rising and falling in quick succession, bitcoin whales appear to be increasing their holdings of BTC.
Pakistan is Now Using Government Funds to Mine Bitcoin
https://decrypt.co/53918/pakistan-is-now-using-government-funds-to-mine-bitcoin

The country’s economic growth has slowed down in the past few years. But Bitcoin mining could help partially revive that.
Crypto Exchange Owner Gets 10 Years in Prison
https://decrypt.co/53929/crypto-exchange-owner-gets-10-years-in-prison

The manager of RG Coins offered his Bulgarian co-conspirators favorable exchange rates and exemption from KYC, the court said.
SolidX Sues Former Bitcoin ETF Partner VanEck Over ‘Plagiarism’
https://decrypt.co/53931/solidx-sues-former-bitcoin-etf-partner-vaneck-over-plagiarism

Investment firm VanEck is facing a lawsuit from SolidX over a recently filed Bitcoin ETF proposal.
Bitcoin Startup Ramp Expands to US and Canada
https://decrypt.co/53939/bitcoin-startup-ramp-expands-to-us-and-canada

Residents of the United States and Canada now can buy Bitcoin, Etherum, USDC, and DAI via Ramp’s platform.
Has Bitcoin Peaked at $42,000 or Is it Just Getting Started?
https://decrypt.co/53948/has-bitcoin-peaked-at-42000-or-is-it-just-getting-started

Bitcoin broke an all-time high and dropped by $10,000 all within a week, putting the cryptocurrency at a crossroads.
Billionaire Bitcoin Skeptic Wants to Understand Cryptocurrency
https://decrypt.co/53947/billionaire-bitcoin-skeptic-wants-to-understand-cryptocurrency

Billionaire investor Howard Marks appears to be more open to the cryptocurrency world, and reveals that his son owns a “meaningful amount” of Bitcoin.
Bitcoin Wallet Firm Ledger Discovers Full Extent of Hack
https://decrypt.co/53961/bitcoin-wallet-ledger-discovers-full-extent-hack

Ledger plans to update its data privacy policies as a result of the massive data breach.
Bitcoin Must Be Regulated Globally, Says European Central Bank President
https://decrypt.co/53962/bitcoin-global-regulation-european-central-bank

Bitcoin regulation has to be addressed through "multilateral action," says the ECB's Lagarde. "If there is an escape, that escape will be used.”
Anchorage Becomes First Federally Chartered Digital Asset Bank
https://decrypt.co/54074/anchorage-first-federal-charter-digital-asset-bank

The OCC has given Anchorage Digital Bank National Association the green light to launch the first federally chartered digital asset bank.
Cloudflare Steps Into the Distributed Web with Ethereum Name Service
https://decrypt.co/54076/cloudflare-distributed-web-ethereum-name-service

Eth.link service operations will be taken over by Cloudflare to improve the reliability and scalability of accessing distributed web domains.
Miami Mayor Wants City to Be Crypto Capital of the World
https://decrypt.co/54083/miami-mayor-wants-city-to-be-crypto-capital-of-the-world

Mayor Francis Suarez sat down with Gemini head honchos Cameron and Tyler Winklevoss for a crypto-oriented conversation in balmy Miami.
Grayscale to Dissolve XRP Trust Due to SEC's Ripple Lawsuit
https://decrypt.co/54088/grayscale-to-dissolve-xrp-trust-due-to-secs-ripple-lawsuit

Institutional investors interested in buying XRP will have to look elsewhere.