Andrew Hayward
20 articles
Senator Gillibrand Proposes Ban on Politicians Launching Meme Coins
Senator Kirsten Gillibrand calls for a prohibition on politicians and their spouses promoting or issuing cryptocurrencies, following President Donald Trump's disclosure of over $1.2 billion in crypto earnings, including $635 million from a Solana-based meme coin. This move aims to curb perceived ethical violations in the cryptocurrency space, as reported by Decrypt.
3 days ago·Decrypt·Reported by Andrew Hayward
Bitcoin, Ethereum, and XRP See Gains Amid Crypto Shorts Liquidations
Bitcoin, Ethereum, and XRP experience notable price increases as crypto shorts face significant losses, according to Decrypt. Bitcoin rises above $62,000, while Solana gains more than 22% in the last week, amid a surge in liquidations totaling $602 million over 24 hours.
4 days ago·Decrypt·Reported by Andrew Hayward
Strategy Shares Fall Below $100 as Bitcoin Declines to Two-Week Low
Shares of Bitcoin treasury giant Strategy dropped below $100 for the first time since March 2024, coinciding with a dip in Bitcoin prices, which fell to $60,935. The developments signal growing investor concerns surrounding the $52 billion Bitcoin accumulator and were reported by Decrypt.
2 weeks ago·Decrypt·Reported by Andrew Hayward
Allbirds Rebrands to Smartbird After Selling Shoe Business
Allbirds has rebranded as Smartbird after selling its sneaker business to focus on artificial intelligence infrastructure, according to Decrypt. The company has appointed Nadia Carlsten, an AI industry veteran, as its new CEO, and boosted its financing facility to $100 million to support this pivot.
3 weeks ago·Decrypt·Reported by Andrew Hayward
Benchmark Analyst Sets $270 Price Target for Coinbase Following New Product Announcements
Benchmark-StoneX upgrades Coinbase’s price target to $270 after the exchange announced several new products intended to expand its offerings beyond crypto trading, according to Decrypt.
3 weeks ago·Decrypt·Reported by Andrew Hayward
Pudgy Party NFT Game Shuts Down Less Than One Year After Launch
Pudgy Party, a mobile battle royale game themed on Pudgy Penguins, has officially shut down under a year after its launch, as reported by Decrypt. The team shifts focus to their other game, Pudgy World, which they describe as their flagship gaming product.
3 weeks ago·Decrypt·Reported by Andrew Hayward
Nakamoto Sells $48M in Bitcoin to Reduce Debt and Conduct Share Buyback
Nakamoto Inc., a Nasdaq-listed Bitcoin firm, sold approximately $48 million worth of Bitcoin and derivatives to decrease its debt. The company also initiated a $25 million share buyback program and reported other refinancing efforts amid ongoing cryptocurrency market volatility, according to Decrypt.
4 weeks ago·Decrypt·Reported by Andrew Hayward
BitMine Expands Treasury with $214M Ethereum Purchase Amid Market Selloff
BitMine Immersion Technologies, led by Tom Lee, bought 126,971 ETH worth about $214 million during a market downturn. The firm defends its acquisition as a strategic move amid a perceived superficial crypto selloff, according to Decrypt.
4 weeks ago·Decrypt·Reported by Andrew Hayward
Bitcoin Falls Below $60,000 Amid Zcash Vulnerability and Strong Jobs Data
Bitcoin has dropped below $60,000, marking its first breach of this level since 2024, as reported by Decrypt. This decrease follows strong U.S. jobs data that raised expectations for interest rate hikes and coincides with a major vulnerability found in Zcash, which has led to a sharp decline in its price.
last month·Decrypt·Reported by Andrew Hayward
Telegram CEO Announces Rebranding of Toncoin to Gram
Telegram CEO Pavel Durov has declared that Toncoin (TON) will revert to its original name, Gram, as the network comes under Telegram's control. Following a shift in direction in May, this rebranding marks a significant change for the cryptocurrency after years of regulatory challenges, as reported by Decrypt.
last month·Decrypt·Reported by Andrew Hayward
Bitcoin Falls Below $75K Amid Near $1 Billion in Crypto Liquidations
Bitcoin drops to its lowest price in a month amidst a tumultuous week for exchange-traded funds, which lost over $1.25 billion, according to Decrypt.
last month·Decrypt·Reported by Andrew Hayward
OpenAI Plans IPO Filing Soon, Aiming for September Listing
OpenAI, the creator of ChatGPT, is reportedly preparing to file for an initial public offering (IPO) targeting a September listing, following the dismissal of a lawsuit involving Elon Musk, according to Decrypt.
2 months ago·Decrypt·Reported by Andrew Hayward
Bitcoin ETFs Struggle as Crypto Funds Lose $1.07 Billion
A recent report from CoinShares indicates that Bitcoin exchange-traded funds (ETFs) were significantly impacted by geopolitical tensions, resulting in a total withdrawal of $1.07 billion from crypto funds. Despite this downturn, altcoin funds demonstrated relative resilience during this period. The report appears on Decrypt.
2 months ago·Decrypt·Reported by Andrew Hayward
DTCC Partners with Chainlink for Enhanced Collateral Management
The Depository Trust & Clearing Corporation (DTCC) is collaborating with Chainlink to improve collateral management processes, as reported by Decrypt. This partnership aims to facilitate nearly continuous movement of collateral in post-trade finance, potentially transforming the industry landscape.
2 months ago·Decrypt·Reported by Andrew Hayward
Bitcoin Price Drops to 2 Cents on Revolut Due to Service Disruption
Bitcoin's price temporarily fell to around 2 cents on Revolut, attributed to a third-party service disruption, according to reports from Decrypt.
2 months ago·Decrypt·Reported by Andrew Hayward
Coinbase Reports $394 Million Loss in Q1, Shares Decline
Coinbase faces financial difficulties, announcing a $394 million loss for the first quarter, as detailed by Decrypt. The exchange attributes this decline to a 40% drop in transaction revenue amid ongoing market volatility.
2 months ago·Decrypt·Reported by Andrew Hayward
Andreessen Horowitz Raises $2.2 Billion for Crypto Startups
Andreessen Horowitz has raised $2.2 billion for a new fund aimed at investing in crypto startups, as reported by Decrypt. This move suggests growing institutional confidence in the cryptocurrency market, reflecting a potential recovery in the investment landscape.
2 months ago·Decrypt·Reported by Andrew Hayward
BitMine Surpasses 5 Million ETH Hold with Recent Purchase
Decrypt reports that BitMine Immersion Technologies has acquired over 5 million ETH, marking its largest purchase since December. This move highlights the growing strength and strategy of this leading Ethereum treasury firm.
2 months ago·Decrypt·Reported by Andrew Hayward
