Decrypt

Fairblock has secured $2.5 million in pre-seed funding led by Galileo Ventures and other investors, as reported by Blockworks. Co-founder Peyman Momeni said that the startup plans to use the funds to build a new blockchain infrastructure enhanced with conditional decryption and pre-execution...

The Department of Justice sentenced dad Kenneth Rhule and son Keith Rhule to five years for breaking some serious federal rules: conspiracy to manufacture and distribute cannabis and money laundering. What the duo had apparently intended to do with an undercover agent made their case even...

“Pharma bro” Martin Shkreli is quickly becoming known outside of prison for his takes on the cryptocurrency market, which could make him a textbook “crypto bro.” Here’s the latest take from Shkreli. Shkreli Takes on Buterin: In a Twitter Spaces presentation on...

Twitch co-founder Kevin Lin raised $24 million in a funding round for his Web 3.0 firm Metatheory.  What Happened: Metatheory's funding round was led by Andreesen Horowitz with the participation of Pantera Capital, FTX Ventures, Dragonfly Capital and others, according to a Monday...

A leading cryptocurrency exchange has a job posting for a new bodyguard that comes with some demands that sound straight out of a spy movie. What Happened: Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) is hiring two “executive protection specialists.” The LinkedIn post...

Governments view cryptocurrencies as an "evolving threat" that is putting the future of their control over the financial system in serious danger, according to Edward Snowden.  What Happened: In a Tuesday report by crypto news outlet Decrypt, Snowden said that "...

The largest non-fungible token (NFT) marketplace has hit another impressive milestone in 2021 amidst growth in that market. What Happened: OpenSea has surpassed the $10 billion sales volume milestone, just three months after passing the $1 billion mark. The milestone was broken down by...

A bug in the online nonfungible token auction house OpenSea has accidentally destroyed at least 42 NFTs worth a minimum of $100,000. The issue was first raised by Nick Johnson, the lead developer of Ethereum Name Service (ENS), according to a Decrypt report.  ENS...

Ethereum co-founder Vitalik Buterin has been a well-known name in the cryptocurrency industry. The popular figurehead of Ethereum is also well-loved by creators of meme coins, which has resulted in the gifting of coins to Buterin, which may have backfired Wednesday. What Happened: Meme coins that...

Blockchain-based music-sharing and streaming platform Audius gave away 50 million of its AUDIO cryptocurrency to music fans and artists, Decrypt reported Tuesday. What Happened: The "airdrop," as a cryptocurrency giveaway is called, was retroactively implemented on Friday and...

Akon, an American singer of Senegalese descent, has finalized an agreement to develop his own city on a 2,000-acre property gifted to him by the president of Senegal. In a tweet on the development, Akon said: “Just finalized the agreement for AKON CITY in Senegal. Looking forward to...