News

'Gold Rush' Telegram Tap-to-Earn Game Launching With 'Skill-Based' Airdrop

PiP World, an educational crypto gaming startup, is launching its first Telegram game Gold Rush in beta on Wednesday. The move comes amid the explosion of Telegram gaming, with leading game Hamster Kombat reportedly amassing over 300 million users alongside other games that have drawn in crowds tempted by a token airdrop. Gold Rush, however, takes the viral tap-to-earn genre driving the Telegram craze and adds an educational spin. Players will be asked to tap their screens over and over, earning...

Bitcoin Stalls as Experts Warn of Resistance Ahead of Fed Rate Decision

The crypto market is treading water ahead of a critical U.S. Federal Reserve interest rate decision on Wednesday, with Bitcoin (BTC) trading at $58,500, down 0.2%, and Ethereum (ETH) up slightly by 0.3% to $2,305. Experts are raising red flags about Bitcoin's resistance levels and the potential for volatility, particularly as the market is divided on whether the Fed will opt for a 25-basis point or 50-basis point rate cut, a key factor influencing market sentiment. In a note sent to Decrypt, ana...

DeFi Technologies Prepares for Nasdaq Listing Following Bitcoin Treasury Play

A high-performance Canadian crypto stock is vying for a U.S. stock market listing, potentially opening the company to an army of hungry new investors. DeFi Technologies—parent company to various crypto-focused subsidiaries, notably exchange traded fund (ETF) operator Valour—currently trades on Cboe Canada under the DEFI ticker, and over OTC markets under DEFTF. On Monday, the company announced that it had filed a Form 40-F registration statement with the SEC to also get listed on the Nasdaq stoc...

Donald Trump Launches World Liberty Financial, Team Unveils Token Details

Just one day after surviving a second assassination attempt, Donald Trump today launched his long-rumored crypto project, World Liberty Financial. Though much about the project remains unclear, the team behind World Liberty Financial unveiled previously unconfirmed details during a live interview with Rug Radio, Decrypt’s sister company. The project will offer borrowing and lending services for cryptocurrencies on the Ethereum blockchain network, not unlike the vast array of existing application...

Trump Credits Success of His NFTs for Change of Heart on Bitcoin and Crypto

During Monday's World Liberty Financial launch event hosted by Decrypt's sister company Rug Radio, former U.S. President Donald Trump credited the excitement over his own branded NFT projects with his change of heart towards cryptocurrency. As the Republican candidate for president explained, Trump saw that the majority of his NFT trading cards minted on Ethereum scaling network Polygon were being purchased with cryptocurrency—and that his supporters were excited about his entry into the space....

Trump Says US Crypto Startups 'Will Be Living in Hell' If He's Not Elected

During the launch event for his World Liberty Financial crypto platform, former U.S. President Donald Trump said that he believes U.S. crypto builders under investigation by the Securities and Exchange Commission "will be living in hell" if he is not elected for a second term this November. "If we don't win the election, those people that were under investigation and that are free as a bird right now," Trump said, "and people that weren't being looked at in the crypto world, they will be living...