Decrypt

• New York Senate Passes Two-Year Bitcoin Mining Moratorium

  3-6-2022 Flash News Decrypt 400

  The New York State Senate passed a bill that would impose a two-year moratorium on any new fossil-fueled crypto mining operations.

• Coinbase Freezes Hiring and Will Rescind Accepted Job Offers

  3-6-2022 Flash News Decrypt 537

  The crypto crash and fears of a Crypto Winter have prompted Coinbase to get even more aggressive in cutting costs.

• Ethereum Founder Vitalik Buterin Muses On Crypto-Skeptic Letter to Washington

  2-6-2022 Flash News Decrypt 443

  It’s normal that “various classes of normies and often soon grifters move in over time” as movements like crypto grow, Vitalik said.

• Crypto 401(k) Provider ForUsAll Sues US Department of Labor

  2-6-2022 Flash News Decrypt 436

  ForUsAll is suing the Department of Labor after the regulator discouraged retirement planners from turning to crypto.

• Gemini Lays Off 10% of Staff to Prepare for Crypto Winter

  2-6-2022 Flash News Decrypt 312

  "The crypto revolution is well underway and its impact will continue to be profound," the brothers wrote on Gemini's blog. "But its trajectory has...

• Crypto Exchange Bitstamp Launches Earn Product for Ethereum, Algorand in US

  2-6-2022 Flash News Decrypt 522

  Bitstamp has launched its Earn product to U.S. customers, allowing customers to earn interest on staking Ethereum and Algorand.

• Bitcoin, Ethereum Fall 5% as Markets Slump Into Correction Territory

  2-6-2022 Flash News Decrypt 460

  The prices of Bitcoin and Ethereum, the world’s two biggest cryptocurrencies, dropped by about 5% each in the past 24 hours.

• Solana Plummets Double-Digits Amid Another Network Halt

  2-6-2022 Flash News Decrypt 408

  Solana was briefly halted for more than four hours yesterday, triggering a massive sell-off of the network's native SOL cryptocurrency.

• Binance Labs Announces $500 Million Web3 Fund

  2-6-2022 Flash News Decrypt 450

  The fund, backed by DST Global and Breyer Capital, will be invested in Web3 projects.

• Bug Brings Down Solana Blockchain for Four Hours

  2-6-2022 Flash News Decrypt 494

  SOL is down 11% for the day as Solana dealt with another period of downtime, forcing a rollback and restart by validators.

• DOJ Charges Former OpenSea Exec in ‘Insider Trading Scheme’

  1-6-2022 Flash News Decrypt 408

  Nate Chastain “betrayed OpenSea by using its confidential business information,” alleges U.S. Attorney Damian Williams.

• ‘Where My Vans Go’ Creator Drift on Next Moves, State of NFT Photography

  1-6-2022 Flash News Decrypt 399

  His jaw-dropping shots are in hot demand. Now he shares what’s next and why he’s “disappointed” with the photo NFT space lately.

• What is ERC-1155? Ethereum’s Flexible Token Standard

  1-6-2022 Flash News Decrypt 500

  ERC-1155 is a token standard that enables the efficient transfer of fungible and non-fungible tokens in a single transaction.

• Elon Musk Fires Back at Dogecoin Co-Creator Over 'Grifter' Claims

  1-6-2022 Flash News Decrypt 468

  Elon Musk had some harsh words for Dogecoin co-creator Jackson Palmer for his recent claims the billionaire doesn’t understand basic coding.

• Dework Just Raised $5 Million. Could It Become Linkedin for DAOs?

  1-6-2022 Flash News Decrypt 360

  The platform aims to help power the Web3 workforce.