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A daily news site covering all things crypto and the decentralized web.
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CFTC Chair Who Called Ethereum a Commodity Steps Down
https://decrypt.co/54975/cftc-chair-who-called-ethereum-a-commodity-steps-down

Commissioner Heath Tarbert will remain at the Commodity Futures Trading Commission, though he has stepped down as chairman.
Crypto ETP Market Up 95% to $35 Billion Since December: Report
https://decrypt.co/54955/crypto-etp-industry-up-95-to-35-billion-since-december-report

Assets under management across all ETPs are on the up as institutional investors become more interested in Bitcoin.
Janet Yellen Clarifies Stance on 'Curtailing' Cryptocurrency Use
https://decrypt.co/54983/janet-yellen-clarifies-stance-on-curtailing-cryptocurrency-use

Her written testimony, released today, notes the benefits and potential of crypto assets to the financial system.
Brazil’s Biggest Bitcoin Exchange Expanding to Other Countries
https://decrypt.co/54982/brazils-largest-bitcoin-exchange-expanding-other-countries

Mercadobitcoin is the most popular exchange in Brazil. Now it wants to be popular across Latin America.
What Is the ‘Grayscale Chainlink Trust’?
https://decrypt.co/54981/grayscale-chainlink-trust

An entity called the “Grayscale Chainlink Trust (LINK)” was incorporated last month in Delaware. Could the asset management firm Grayscale be behind it?
Ethereum Price High Collapses as Crypto Markets Crash
https://decrypt.co/54993/ethereum-price-high-collapses-as-crypto-markets-crash

The price of Ether dropped 20% in a 24-hour period on Thursday as crypto's total market cap tumbled to the $850 billion mark.
12 Reasons Why Fed's Money Printing Policy Won’t Change Under Biden
https://decrypt.co/55003/12-reasons-why-feds-money-printing-policy-wont-change-under-biden

All 12 Fed regional bank presidents have been given new five-year terms.
Grayscale Pulls in $1 Billion in Bitcoin in One Week
https://decrypt.co/55011/grayscale-pulls-in-1-billion-in-bitcoin-in-one-week

Digital asset manager Grayscale Investment’s Bitcoin Trust has raised $1.2 billion over the past week.
VanEck Files for ETF That Gives Investors Exposure to Crypto Companies
https://decrypt.co/55017/vaneck-files-for-etf-that-gives-investors-exposure-to-crypto-companies

Asset manager VanEck has filed for a Digital Asset ETF, which would track the performance of top cryptocurrency companies.
Mayor of Miami Is Building Out His Cryptocurrency Team
https://decrypt.co/55018/mayor-of-miami-is-building-out-his-cryptocurrency-team

The Mayor of Miami revealed a few details about the city’s plans yesterday—with big announcements coming next week.
Bitcoin Gains $3,000 After it Dropped Over 'Double-Spend' Fears
https://decrypt.co/55029/bitcoin-gains-3000-after-it-dropped-over-double-spend-fears

Bitcoin's price dropped significantly yesterday but today it has rebounded back up—for now.
Skybridge COO: Big Investors Could Push Bitcoin Above $500,000
https://decrypt.co/54906/skybridge-coo-big-investors-could-propel-bitcoin-above-500000

Skybridge Capital COO Brett Messing said increasing institutional investment into Bitcoin could propel Bitcoin’s price to half a million dollars.
SUKU Wants to Help Farmers and Ranchers Access Microloans Via DeFi
https://decrypt.co/55000/suku-wants-to-bring-social-impact-to-defi-with-suku-defi

SUKU DeFi plans to bring microlending to small suppliers who might not have access to WiFi.
MicroStrategy Buys Another $10 Million in Bitcoin
https://decrypt.co/55037/microstrategy-buys-another-10-million-in-bitcoin

The business intelligence firm has bought even more Bitcoin—as though $2.3 billion wasn't enough.
Tether is Fully Backed by US Dollars, Says Deltec Deputy CEO
https://decrypt.co/55042/tether-is-fully-backed-by-us-dollars-says-deltec-deputy-ceo

Tether (USDT) stablecoins are fully backed by US dollars and “that is not a secret,” said the deputy CEO of Bahamas-based bank Deltec.
PayPal’s Crypto Service Will Drive Up its Stock Price, Says Analyst
https://decrypt.co/55040/paypals-crypto-service-will-drive-up-its-stock-price-says-analyst

BTIG analyst Mark Palmer has upgraded PayPal stock from Neutral to Buy because of its foray into cryptocurrency.
Is Bitcoin halal?
https://decrypt.co/37286/is-bitcoin-halal

With Muslims making up a quarter of the world's population, a clear consensus on the Islamic view of Bitcoin has global implications.
Russia’s Largest Retail Bank to Launch Stablecoin: Reports
https://decrypt.co/55072/russia-bank-sberbank-stablecoin

Sberbank filed an application to the Bank of Russia this month to launch a ruble-pegged digital currency.
Bitcoin ‘Double Spend’ Spooks Software Firm Into $4 Million Sell-Off
https://decrypt.co/55078/nextech-bitcoin-double-spend

NexTech sold 130 Bitcoins, worth roughly $4 million, following suspicions about a potential flaw in the blockchain.
Crypto Gaming Thrived in 2020 as NFT Interest Surged: Report
https://decrypt.co/55086/crypto-gaming-2020-nft-report

Although not at the explosive level of DeFi, blockchain-based gaming saw steady growth across 2020, while marketplaces selling their digital asset collectibles blew up.
Tether Users Flee to TRON From Ethereum Amid High Fees
https://decrypt.co/55082/tether-users-flee-to-tron-from-ethereum-amid-high-fees

Transactions using Tether dollar-pegged stablecoins on the TRON blockchain are outpacing those on Ethereum.