Decrypt Media

Decrypt Media is a standalone media outlet dedicated to reporting on a variety of topics, including business, politics, art, culture, technology, education, and current events. Our team consists of skilled journalists who aim to offer insightful analysis while promoting transparency and accountability in the media landscape. We also strive to highlight "good actors" who are setting high standards in business practices and to showcase entrepreneurs and initiatives that contribute positively to society.

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Hacker Drains $9.6 Million From DeFi Stablecoin Protocol Resupply

1 day ago | decrypt.co | Stacy Elliott

In briefA hacker drained nearly $9.6 million from Resupply by exploiting a vulnerability in its exchange rate system tied to the cvcrvUSD token. The attacker manipulated token prices in Resupply's low-liquidity market, triggering a zero exchange rate bug that let them borrow millions with one wei of collateral. Resupply confirmed the exploit, paused the impacted wstUSR market, and said the stolen funds were laundered through Tornado Cash and split across multiple wallets.
Bitcoin and Ethereum Flat as Iran Claims Victory Over US

1 day ago | decrypt.co | Ryan S. Gladwin

In briefIran’s supreme leader Ayatollah Ali Khamenei claimed victory over the U.S. via a post on X, formerly Twitter. Leading cryptocurrencies Bitcoin and Ethereum traded sideways as global tensions appear to ease. U.S. Bitcoin inflows have steadily recovered from a June 20 low, which came as fighting between Iran and Israel intensified. Decrypt’s Art, Fashion, and Entertainment Hub.
Will GameStop Buy More Bitcoin? GME Boosts Latest Fundraise to $2.7 Billion

2 days ago | decrypt.co | Logan Hitchcock

In briefGameStop just raised another $450 million that it can use to buy Bitcoin, per its investment policy. The firm bought $512 million worth of Bitcoin back in May after completing a convertible notes offering. GameStop's share price has fallen sharply since the firm started making Bitcoin-related moves. Decrypt’s Art, Fashion, and Entertainment Hub.
UK Bitcoin Reserve Company Buys More BTC, Stock Continues to Rise

2 days ago | decrypt.co | Simon Chandler

In briefThe Smarter Web Company's stock has surged 254% this month as it built up Bitcoin reserves of 543.52 BTC, with shares rising from £4.50 to £292.50 since its April IPO. CEO Andrew Webley told Decrypt this makes it "the most successful IPO in the UK ever" and says the success has inspired over 21 copycat companies to announce similar Bitcoin reserve strategies.
SoFi Is Getting Back Into Crypto, Starting With Bitcoin and Ethereum

2 days ago | decrypt.co | Logan Hitchcock

In briefFinancial services giant SoFi is bringing Bitcoin and Ethereum trading back to its users. The firm once allowed users to buy and sell crypto, but stopped in 2023. The trading rollout is expected later this year, with stablecoin support, crypto-backed loans, and more ahead. Decrypt’s Art, Fashion, and Entertainment Hub.
Til Death Do Us Part: The Weirdest Meme Coin Livestreams We've Seen Just This Week

3 days ago | decrypt.co | Ryan S. Gladwin

In briefSolana token launchpad Pump.fun is playing host to a thriving livestream community. A couple is set to marry on-stream this week, while another streamer is saying "Pumpfun" a million times. Several influencers are living together in a house and competing to have the most valuable meme coin. Decrypt’s Art, Fashion, and Entertainment Hub.
Largest Bitcoin Leverage Unwind in Nearly a Year Triggered by Iran-Israel Tensions

3 days ago | decrypt.co | Stacy Elliott

In briefBitcoin rebounded above $105,000 following news of an Iran-Israel ceasefire, after dropping below $100,000 over the weekend. Bitcoin's volatility index hit its lowest level since October 2023 at 39.15, with traders expecting stable prices around $105,000 heading into Friday's monthly options expiry. Derivatives traders remain cautious despite the recovery, with Bitcoin perpetual futures open interest falling by 17,394 BTC in 24 hours—the sharpest decline since August 2024.
SharpLink Gaming Boosts Ethereum Treasury Stash to $461 Million

3 days ago | decrypt.co | Logan Hitchcock

In briefSharpLink Gaming just added more than $30 million worth of Ethereum to its treasury. The firm now holds $461 million of the second-largest cryptocurrency by market cap. All of the firm's ETH is deployed into Ethereum staking platforms, generating 120 ETH in rewards so far. Decrypt’s Art, Fashion, and Entertainment Hub.
President Trump Meme Coin Jumps as He Begs Israel Not to Break Ceasefire Deal

3 days ago | decrypt.co | Ryan S. Gladwin

In briefShortly after President Trump announced a ceasefire between Israel and Iran, both sides fired missiles at each other. Trump seemed furious, telling media that the two countries "don't know what the fuck they're doing."Still, the Official Trump meme coin pumped 6% in what appears to be the market reacting favourably to the way the President handled the situation. Decrypt’s Art, Fashion, and Entertainment Hub.
USDC Issuer Circle Stumbles on Neutral Rating From Compass Point

3 days ago | decrypt.co | Stacy Elliott

In briefCircle's stock dropped 6% after Compass Point initiated coverage with a neutral rating and $205 price target. Analysts believe Circle trades at over 100x EBITDA as investors bet on stablecoin growth, not near-term earnings. USDC's market share has declined from 34% in 2022 to 27% in 2025, with concerns about increased competition after potential stablecoin legislation. Decrypt’s Art, Fashion, and Entertainment Hub.