Decrypt News

NASCAR Driver Landon Cassill To Be Paid Entirely In Crypto 

NASCAR driver Landon Cassill partnered with crypto brokerage firm Voyager Digital for the remainder of the 2021 NASCAR season. He will be paid fully in cryptocurrency for the duration of the 19-race sponsorship deal.  “It’s something I’m familiar with, I’m comfortable...

China’s Digital Yuan is Now Available at 3000+ ATMs in Beijing

Two major Chinese banks now allow customers to exchange the country’s new central bank digital currency (CBDC) for fiat at more than 3,000 ATMs in Beijing, news agency Xinhua reported on Friday. The two financial institutions that support withdrawals and deposits of...

What Is EIP-1559 and Why Are Markets So Excited About It?

The Ethereum network has, in its short six-year history, come to dominate cryptocurrencies. While Bitcoin has hogged the headlines thanks to its spectacular rises and falls, Ethereum has cemented itself as the place where people go to build things on blockchain.  But...

New Crypto Venture Fund to Invest in African Startups

The co-founder of Crypto for Black Economic Empowerment (CBBE), a group of 100 Black founders and creators, today announced the launch of a new crypto venture capital fund: Audacity. Audacity Fund I is set to distribute money to African crypto startups, with a...

NFT Real Estate in Ethereum Metaverse Sells for Record $913K

A virtual plot of land sold as an NFT in the open-world metaverse game Decentraland has sold for a record amount: more than $913,000, based on the price of the game’s Ethereum-based MANA cryptocurrency at the time. The estate NFT, called a LAND token in the game, sold...

Bitcoin Energy ‘Shortcomings’ Will Not Deter Digital Currency Research: Bank of England

The Bank of England today criticized the “energy inefficiency” of Bitcoin while adding that a central bank digital currency (CBDC) could help with a net zero economy.  A CBDC is a digital version of a fiat currency (like the British pound or US dollar), backed by a...

Dogecoin Knockoff Shiba Inu Sheds 12% After Coinbase Delays Listing

On Tuesday, Shiba Inu token was all set to show off its pedigree in front of Coinbase users. But after the exchange delayed an expected listing, SHIB is instead licking its wounds. "We are experiencing technical issues that will temporarily delay the launch of SHIB on...

Goldman Sachs: Bitcoin Not an ‘Investable Asset Class’, Dogecoin Ideal for ‘Speculation’

Investment bank Goldman Sachs has said in a report issued earlier this week that cryptocurrencies are not a “viable investment”—despite showing interest in Bitcoin and Ethereum recently.  Many cryptocurrency enthusiasts argue that Bitcoin can work as a hedge against...

Mark Cuban Calls for DeFi Regulation After Crypto Investment Goes to Zero

Last night, billionaire investor Mark Cuban said he was “hit” by the sudden collapse of a cryptocurrency called TITAN; the token shed nearly 100% of its value over the course of a few hours. Now, after losing what he’s characterized as a “small” percentage of his...

More UK Citizens Confident Investing in Crypto: FCA Survey

According to the latest research by the Financial Conduct Authority (FCA), cryptocurrency users in Great Britain are growing in numbers and appear to be more confident in crypto as an alternative investment vehicle.    The survey, conducted in January 2021 among 2,568...

NASCAR Driver Landon Cassill To Be Paid Entirely In Crypto 

NASCAR driver Landon Cassill partnered with crypto brokerage firm Voyager Digital for the remainder of the 2021 NASCAR season. He will be paid fully in cryptocurrency for the duration of the 19-race sponsorship deal.  “It’s something I’m familiar with, I’m comfortable...

What Is EIP-1559 and Why Are Markets So Excited About It?

The Ethereum network has, in its short six-year history, come to dominate cryptocurrencies. While Bitcoin has hogged the headlines thanks to its spectacular rises and falls, Ethereum has cemented itself as the place where people go to build things on blockchain.  But...

New Crypto Venture Fund to Invest in African Startups

The co-founder of Crypto for Black Economic Empowerment (CBBE), a group of 100 Black founders and creators, today announced the launch of a new crypto venture capital fund: Audacity. Audacity Fund I is set to distribute money to African crypto startups, with a...

NFT Real Estate in Ethereum Metaverse Sells for Record $913K

A virtual plot of land sold as an NFT in the open-world metaverse game Decentraland has sold for a record amount: more than $913,000, based on the price of the game’s Ethereum-based MANA cryptocurrency at the time. The estate NFT, called a LAND token in the game, sold...

More UK Citizens Confident Investing in Crypto: FCA Survey

According to the latest research by the Financial Conduct Authority (FCA), cryptocurrency users in Great Britain are growing in numbers and appear to be more confident in crypto as an alternative investment vehicle.    The survey, conducted in January 2021 among 2,568...

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