Coin Prices

BNB

$231.18

-0.75%

XRP

$0.620015

-0.48%

OKB

$58.04

-0.79%

EOS

$0.743524

3.52%

Pepe

$0.00000159

16.93%

Bonk

$0.00000755

18.78%

NEM

$0.03844876

1.01%

WAX

$0.065839

2.19%

IOST

$0.00967032

-0.63%

Kin

$0.00002095

2.50%

OST

$0.00032271

2.38%
Price data by
Matt Hussey

Matt Hussey

Matt worked at Decrypt from 2018 to 2021. He was formerly Editor in Chief of The Next Web.

Stories by Matt Hussey

  • The Bitcoin halving. Image: Decrypt

    What is the Bitcoin Halving? How Bitcoin's Supply is Limited.

    Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as Bitcoin halving (or halvening). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could create value where there was none before. After all, there’s only one Mona Lisa, only so many Picassos, a limited supply of gold on Eart...

  • What Is XRP? The Cryptocurrency Created by Ripple Founders

    Earn a free on-chain NFT by taking our free course, Crypto Investing: Fundamentals First.  Decrypt will cover gas fees for the first 10,000 mints! XRP has soared in the weeks following he U.S. Securities and Exchange Commission's decision to drop its suit against Ripple in October 2023. The investment watchdog organization had charged the Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen in 2020 with an unregistered sales of securities, in the form of $1.3 billion in XRP. Ripp...

  • Stablecoins. Image: Decrypt

    What Are Stablecoins and How Do You Use Them?

    Since their inception, cryptocurrencies have been considered particularly volatile investment instruments when it comes to their price. That's led to price jumps and crashes, preventing cryptocurrencies from being used for everyday goods and services in some cases, due to the risks for vendors and merchants. That's where stablecoins come in. The theory goes, if you create a currency that is 'pegged' or attached to a regular fiat currency like the US dollar or something else with a relatively sta...

  • What is the Lightning Network? Bitcoin's Scalability Solution.

    Bitcoin has been hampered by its own popularity. Thanks to the way the blockchain is designed, the speed of transactions is slow and the cost of transactions has increased. Researchers, developers, and the Bitcoin community have been trying to come up with a way of allowing Bitcoin—and other cryptocurrencies—to accommodate more transactions. Their best efforts to date have focused around something called the Lightning Network. Can it fix the cryptocurrency's scaling problems? Speed and cost A bl...

  • What is Tezos (XTZ)?

    2Tezos is a lot like Ethereum. It is a platform to create smart contracts and Dapps that are censorship-free. As with the current iteration of Ethereum, Tezos runs on Proof-of-Stake. This means there is no crypto mining involved. It also features a governance model to ensure that people who own the coin have a say in decisions regarding the future of Tezos. As there are no miners, the people who check and confirm transactions are called “bakers” and they run what’s known as a “baking operation.”...

  • Image: Shutterstock

    5 Key Technologies Streamlining the Crypto User Experience

    For crypto to gain traction beyond its niche of early adopters, it needs to offer a user experience that matches or exceeds that of legacy platforms. “By not optimizing user experience correctly, crypto products are losing a lot of potential customers if they don't implement the optimal processes,” Marcus Bengtsson, chief marketing officer at KYC software company Checkin.com, told Decrypt. “Each 1% of conversion loss compounds to thousands of dollars in revenue loss, relative to your customer va...

  • What is Tokenomics? How Blockchain Economics Works

    In traditional finance, government-controlled monetary policy issues currency, sets interest rates, and controls currency supply. Cryptocurrency has changed this. Individuals can create their own micro-economies. Tokenomics essentially takes what central banks use as monetary policy and apply it in blockchain networks. Here’s how. What is tokenomics? Tokenomics is the science of the token economy. It covers all aspects involving a coin’s creation, management, and sometimes removal from a network...

  • Image: Binance

    SEC Setback as Judge Denies Immediate Access to Binance US Software

    The Securities and Exchange Commission is licking its wounds after a judge denied its request to access the software powering Binance US, the American arm of the exchange. In a court hearing on Monday, the regulator had asked a federal magistrate judge to allow an inspection of Binance US’s technical infrastructure, and to force the company to share other requested information as part of its ongoing case against the exchange. But federal Magistrate Judge Zia Faruqui said he wasn’t “inclined to a...

    NewsBusiness
    3 min read
    Matt Hussey
  • Law in Hong Kong. Image: Shutterstock

    Hong Kong Influencer Arrested Over JPEX Exchange Promotion

    Social media influencer Joseph Lam Chok was arrested in Hong Kong on Monday, following the suspension of trading on crypto exchange JPEX. Lam, a trained lawyer turned insurance broker who has hundreds of thousands of followers on Instagram, was among six individuals detained by Hong Kong police in connection with the exchange, according to South China Morning Post. Lam’s arrest related to his promotion of the Dubai-based exchange, which regulators alleged had been operating in the country withou...

    NewsLaw and Order
    3 min read
    Matt Hussey
  • BLOCKCHAIN c. Rodrigo Martinez/Decrypt

    What is Toncoin, the Native Currency of The Open Network?

    In 2018, the messaging platform Telegram released a white paper for a layer-1 blockchain it called the Telegram Open Network.  The project’s currency, called ‘Gram’, was designed to pay transaction fees, settle payments and validate transactions on the network.  Telegram Gets a Crypto Wallet—3 Years After SEC Pumped the Brakes The launch hit the headlines. It broke records in 2018 after raising an eye-watering $1.7 billion in a token sale. It was the second largest ICO in history, behind EOS, wh...

  • Coinbase CEO Brian Armstrong at TechCrunch Disrupt 2018. Image: Wikimedia

    Flatcoins 'New Thing On the Horizon': Coinbase CEO Brian Armstrong

    Coinbase CEO Brian Armstrong believes “flatcoins” are the next iteration of stablecoins. “It’s a new thing on the horizon,” Armstrong said in a recent interview discussing the future direction of the exchange. “There's a couple teams working on it. We're not building something in that realm yet, but we're interested in it,” he added. Flatcoins, a term first mentioned on Twitter by ex-Coinbase CTO Balaji Srinivasan in 2021, are designed to move in line with inflation, instead of being pegged to a...

    NewsCoins
    4 min read
    Matt Hussey
  • Vitalik Buterin. Image: Shutterstock

    Vitalik Buterin: SIM Swap Attack Behind $700,000 Twitter Hack

    Vitalik Buterin has shared details of how hackers managed to take over his Twitter account and steal $691,000 from his followers last week. In a post on decentralized social network Farcaster, the Ethereum co-founder told followers that hackers had used a SIM swap attack to spoof Twitter into resetting his Twitter password, giving them access to his account and his 4.9 million followers. “It was a SIM swap, meaning that someone socially-engineered T-Mobile itself to take over my phone number,” s...

    NewsBusiness
    2 min read
    Matt Hussey
  • FTX is a cryptocurrency exchange founded by Sam Bankman-Fried. Image: Shutterstock

    FTX Looks to Offload Billions in Crypto: Here’s What it Means

    It’s set to be a busy week for FTX’s legal team. The exchange is seeking regulatory approval to liquidate $3.4 billion in crypto assets, and FTX lawyers are also suing LayerZero, an onchain interoperability protocol to recover lost assets to the tune of $21 million. On September 13, Delaware Bankruptcy Court officials are set to rule on approving a $3.4 billion asset sale submitted by the defunct exchange’s legal team. The proposal, first outlined in August, would appoint Mike Novogratz’s Galaxy...

    NewsCoins
    3 min read
    Matt Hussey
  • Staking and Lending explained.

    What are Staking and Lending? The Crypto Investment That Can Earn Interest

    Want to trade NFTs but don't want to make it a guessing game? Take Degen U's new course, Mastering NFT Trading, and earn an on-chain certificate. A top instructor will help you seize the right moment to trade—and have fun while doing it. Staking and lending are ways crypto investors can attempt to profit from crypto. If buying a cryptocurrency and holding it is the first step on the ladder of investing in cryptocurrencies, lending and staking are step two. While staking helps secure a network, l...

  • What Are Decentralized Marketplaces?

    Centralized marketplace platforms have the ability to provide a level of service and reliability that mainstream users have come to expect, but may also lack transparency, charge high fees, and impose rules that users may not agree with. That's where decentralized marketplaces come in. Below we explore what they are, how they work and give some examples of decentralized marketplaces in action.  What is a Decentralized Marketplace? Decentralized marketplaces are what blockchains are all about. Th...

  • What are cryptocurrency wallets?

    Want to start buying and trading in cryptocurrency? You’re going to need a cryptocurrency wallet first. In this guide you’ll learn about what a wallet is, the different types, and how they might be used in future. A cryptocurrency wallet is a piece of software that stores your public and private keys. More on keys below. Vitalik Buterin Explains How Ethereum Plans to Make Crypto Wallets as Simple as Email It also allows you to send and receive digital currencies and monitor your balance. It’s li...

  • Is Bitcoin an Investment or a Currency ?

    Are you in the U.S. and haven't filed your taxes yet? Check out the free Decrypt U 2023  U.S. Crypto Tax Guide, and mint a free NFT certificate!   Is Bitcoin a currency, or is it an investment like gold? Can it be both? We explore that idea and suggest where it might be going. What is money? There are three fundamental values to describe what money is, and what it does. 🏦It’s a store of value - you can save it and use it for later, knowing its value will remain. 💱It’s a medium of exchange - s...

  • What is Hashing?

    One of the main pillars of cryptocurrencies the world over is that they are trustless systems. What does that mean? It means you don't have to rely on a third party, like a bank, or government, to prove who you or someone else is. How does it do that? A hash function, a clever bit of cryptography that allows people to be identified, without, well, being identified. We explore this more below. What is a hash function? A hash function is a technique whereby any piece of data is converted into a lo...

  • What is Bitcoin Cash?

    Bitcoin was designed so that no one group or person could control it. Bitcoin’s decentralized design has many advantages, but things can get tricky when there are disagreements with the community about the best way forward. Such disagreements have led to more than 100 Bitcoin forks. Not all of those forks have led to new networks, but of those that have, Bitcoin Cash is probably the best known. What is Bitcoin Cash? Bitcoin Cash is a modified version of Bitcoin that runs on its own blockchain ne...

  • A DAO is a decentralized autonomous organization. Image: Decrypt

    What Is a Decentralized Autonomous Organization (DAO)?

    Decentralized autonomous organizations, or DAOs, have no company HQ, replace traditional hierarchies with flat management structures, are governed by crypto holders, and are built on rules that are automatically enforced on a blockchain. Advocates of DAOs claim that they'll radically alter the way businesses are run. They're already hard at work; several DAOs have already been launched, and they've created some pretty cool things. What is a DAO? A DAO is an organization where control is spread o...

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