Decrypt

Edward Snowden Slams Sam Altman’s Worldcoin: ‘Don’t Catalogue Eyeballs’

As issues with cyber safety and data leaks spread, a much-hyped new crypto project from Y Combinator founder Sam Altman aims to mitigate scams and breaches caused by bots and bad actors by scanning your eyeballs and awarding you crypto. Worldcoin, which already touts a $1 billion valuation, aims to onboard more people into crypto …

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Reddit Building NFT Marketplace to Join Ethereum Token Rewards

Popular online discussion community Reddit is planning to build its own platform for users to buy and sell NFTs, according to a job listing posted by the company. Reddit is looking to hire a “Senior Backend Engineer, NFT Platform,” and the job listing isn’t ambiguous about the firm’s plans. According to the posting, the ideal …

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These Are the NBA, NFL Stars In Bored Apes, CryptoPunks and Other Ethereum NFTs

You might know Stephen Curry from his three NBA championship wins with the Golden State Warriors, or maybe you’ve seen him on ABC’s Holey Moley or in Subway commercials. But if you follow him on Twitter right now, you won’t see his face next to his handle: you’ll see an image from the Bored Ape …

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Robinhood Says 60% of Customers Traded Crypto in Q2, Pulls in $233 Million of Crypto Revenue

Robinhood cited a large growth in the popularity of cryptocurrency on its platform, reporting today that more new users bought crypto with their first trade rather than stocks in the three months ending June 30. The company also disclosed that more than 60% of its funded accounts engaged in crypto trading during this time. The …

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Dark Web Criminals Have Built a Tool That Checks for Dirty Bitcoin

A newly-discovered tool on the dark web lets criminals check how clean their Bitcoin is. The tool, called Antinalysis, was likely built by an administrator of a darknet market to help their merchants launder Bitcoin, according to an analysis by Tom Robinson, co-founder of London-based blockchain investigation firm Elliptic. After a wallet is linked to …

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Anchorage Digital Adds Ethereum DeFi Token dYdX

Anchorage Digital announced today that it would be able to take custody of the dYdX governance token on customers’ behalf as soon as the token launches. Anchorage already supports 57 digital assets, including stablecoins such as USDC, market cap leaders such as Bitcoin and Ethereum, and decentralized finance (DeFi) governance tokens such as Compound. dYdX …

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Axie Infinity Becomes Ethereum’s First NFT Game to Hit $1 Billion in Sales

Ethereum-based NFT game Axie Infinity has crossed $1 billion in sales, data from CryptoSlam! shows. As of this writing, $1,055,735 worth of tokens from the Pokémon-inspired NFT game have traded hands through 2.4 million transactions. There are 324,850 buyers, 936,065 owners, and more than a million daily active users. The milestone is the latest piece …

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NFT Marketplace OpenSea Processed Nearly $100M in 2 Days

OpenSea, a popular marketplace for non-fungible tokens (NFTs), generated roughly $95 million in trading volume over the past weekend—nearly five times more than during the whole year of 2020. “In 2020, OpenSea did about $21M in total transaction volume. In the last two days, we did $95M. The growth curve for NFTs is insane,” tweeted …

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