The sweeping U.S. Senate effort to establish a comprehensive legal framework for cryptocurrency trading and oversight is likely to be pushed back for weeks or even months, after key legislative momentum stalled this week in the wake of major industry backlash. The Senate Banking Committee indefinitely postponed work on its… Listen ⇢

Consulting an AI chatbot for legal matters can see your chat history used against you by opposition lawyers… and potentially risks waiving attorney-client privilege with your own lawyer. AI tools are affordable, if unreliable, sources of legal advice and their use raises uncomfortable questions about privilege, discoverability and how much… Listen ⇢

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors rebound after Trump walks back tariffs; BTC at $90k Bitgo announces IPO valuing… Listen ⇢

Onchain asset manager Maple is extending its yield-bearing US dollar token, syrupUSDC, to Coinbase’s Base network, plugging institutional credit directly into a fast‑growing Ethereum layer-2 ecosystem. According to a Thursday release shared with Cointelegraph, the launch will provide the company with a “direct path” to Coinbase’s broader ecosystem of users… Listen ⇢

In brief Stablecoin supply hit a new all-time high above $311 billion this week, led by USDT and USDC, even as Bitcoin slid below $90K. Crypto volatility spiked, with $592.4M in liquidations in 24 hours, including $230M in Ethereum and $204M in Bitcoin, signaling a rise in risk aversion. Myriad… Listen ⇢

The total DeFi market cap peaked at $144 billion in August and has now dropped to $77 billion at press time.  Although the broader crypto market is on an upward trajectory, some DeFi tokens have made little to no gains. In fact, several DeFi tokens saw demand collapse, turning into nearly… Listen ⇢

In brief GoMining and Jacob & Co. are teaming up for a luxury watch and digital miner combo. The limited-edition, 100-piece combo grants purchasers a luxury watch and a digital miner with 1,000 TH in computing power. Similar mining capacities could earn users net rewards of nearly $7,000 a year… Listen ⇢

This is why massive crypto fundraising rounds often lead to token price crashes, and why high launch valuation isn’t a guarantee of success. Historically speaking, in the crypto space, massive fundraising rounds where investors raise hundreds of millions are often treated as a victory. When a project announces that it… Listen ⇢

Institutional investors seeking structured income in digital assets are getting fresh options as a new tokenised bitcoin fund enters the market with a yield focus. Laser Digital unveils natively structured bitcoin yield vehicle Nomura-owned Laser Digital has introduced a natively tokenised bitcoin fund designed for institutional and eligible accredited investors… Listen ⇢