Kyle Torpey, Author at Gizmodo

Wall Street’s Stablecoin Darling Raises $222 Million to Starve Ethereum

Ethereum's relevance continues to dwindle as crypto aligns with institutions.

Cryptocurrencies Kyle Torpey May 11

El Salvador’s Bitcoin-Loving President Has Allegedly Frozen Assets of Local News Outlet

The ideas underpinning Bitcoin are sort of the opposite of this.

Cryptocurrencies Kyle Torpey May 10

DeFi Visa Card Takes Our Casino Economy to the Next Level With ‘Buy Now, Pay Maybe’ Scheme

It's just innovation upon innovation.

Cryptocurrencies Kyle Torpey May 8

A photo of a screen showing betting on the 2026 FIFA World Cup.

Campaign Staffers Say They’re Using Non-Public Poll Data to Profit on Prediction Markets

Casino country.

Commerce Kyle Torpey May 8

Michael Saylor at Bitcoin Conference Miami in 2021

Michael Saylor’s Bitcoin Treasury Company Posts $12.5 Billion Loss, Boasts That People Are Still Giving It Money

The company, Strategy, is effectively a levered play on bitcoin.

Cryptocurrencies Kyle Torpey May 6

Coinbase to Lay Off 14% of Workforce Amid AI Disruption and Crypto Volatility

The crypto exchange has joined the bull market for blaming cuts on AI.

Cryptocurrencies Kyle Torpey May 5

Photo: Korean Central News Agency/Korea News Service

North Korea Provides Rare Response to Longstanding Crypto Crime Accusations

The government did not admit to doing all the crimes.

Cryptocurrencies Kyle Torpey May 5

A photo of Justin Sun eating a banana at a press conference.

Trump-Linked World Liberty Financial Accuses ‘Victimized’ Crypto Billionaire of Defamation

Justin Sun was once one of the biggest supporters of Trump's crypto agenda.

Cryptocurrencies Kyle Torpey May 4

President Donald Trump reacts during a Cabinet meeting in the Cabinet Room of the White House on March 26, 2026 in Washington, DC.

Poll Finds 62% of Americans Don’t Trust Trump on Crypto

Despite his campaign's emphasis on crypto, one of Trump's signature pledges remains unfulfilled.

Cryptocurrencies Kyle Torpey May 4

Digital Code On The Background Of A 100 Us Dollar Bill. Hacker Attacks

April Was the Worst Ever Month on Record for Crypto Hacks

Drift and Kelp DAO were the two most notable crypto hacks in April, combining for $579 million in losses.

Cryptocurrencies Kyle Torpey May 3

Eric Trump and Donald Trump, Jr. Ringing Nasdaq Opening Bell

Trump Crypto Projects Facing Lawsuit, Potential Ethics Crackdown, and More

World Liberty Financial is hitting choppy waters.

Cryptocurrencies Kyle Torpey May 2

Tether and Arbitrum Freeze Assets as Crypto Faces Crisis of Purpose

On Friday, the U.S. government said $344 million in Tether had been linked to wallets tied to Iran.

Cryptocurrencies Kyle Torpey Apr 24

Jeremy Allaire, CEO of Circle, speaking at an event

Circle CEO Addresses Lack of Stablecoin Freezes During Crypto Thefts

Circle will apparently not freeze its stablecoin without a court order or direction from law enforcement.

Cryptocurrencies Kyle Torpey Apr 14

G. Love & Special Sauce perform onstage on day two during 2026 Tortuga Music Festival at Fort Lauderdale Beach Park on April 11, 2026 in Fort Lauderdale, Florida.

Popular Musician Loses Life Savings Through Malicious Crypto Wallet in Apple’s App Store

The theft apparently combined a counterfeit app with a critical mistake by the musician.

Cryptocurrencies Kyle Torpey Apr 13

A man in a tight-fitting suit speaking into a handheld mic while wearing a second mic on his face.

Crypto Investor at Center of Trump Corruption Allegations Now Sees Himself as ‘Victim’

Justin Sun has accused Trump-affiliated World Liberty Financial of misconduct and a general lack of transparency.

Cryptocurrencies Kyle Torpey Apr 13

Trump’s World Liberty Financial Makes FTX-esque Move, Borrows Against Its Own Crypto Token

FTX's moves were secret. Everyone can see what World Liberty Financial is doing.

Cryptocurrencies Kyle Torpey Apr 11

A photo of ships at the Straight of Hormuz on March 30, 2026.

Iran Demands Bitcoin and Crypto for Strait of Hormuz Toll Payments

Gas prices and price of bitcoin could get a little more entangled.

Cryptocurrencies Kyle Torpey Apr 8

A Soviet-style building with Soviet art-style facade featuring Korean lettering and iconography

Crypto Project Details Alleged 6-Month North Korean Intel Op Behind $285 Million Hack

North Korea has relied on cryptocurrency theft as a consistent funding mechanism for years.

Cryptocurrencies Kyle Torpey Apr 7

Tether, the World’s Biggest Stablecoin, Is Finally Getting Its First Full Audit

After more than a decade of accusations, the company claims it will submit to a legitimate review of its finances.

Cryptocurrencies Kyle Torpey Mar 24

U.S. Senators Introduce Legislation to Ban Sports Betting on Prediction Markets

It would be a bipartisan action at a very partisan time.

Cryptocurrencies Kyle Torpey Mar 23

Kyle Torpey

Wall Street’s Stablecoin Darling Raises $222 Million to Starve Ethereum

El Salvador’s Bitcoin-Loving President Has Allegedly Frozen Assets of Local News Outlet

DeFi Visa Card Takes Our Casino Economy to the Next Level With ‘Buy Now, Pay Maybe’ Scheme

Campaign Staffers Say They’re Using Non-Public Poll Data to Profit on Prediction Markets

Michael Saylor’s Bitcoin Treasury Company Posts $12.5 Billion Loss, Boasts That People Are Still Giving It Money

Coinbase to Lay Off 14% of Workforce Amid AI Disruption and Crypto Volatility

North Korea Provides Rare Response to Longstanding Crypto Crime Accusations

Trump-Linked World Liberty Financial Accuses ‘Victimized’ Crypto Billionaire of Defamation

Poll Finds 62% of Americans Don’t Trust Trump on Crypto

April Was the Worst Ever Month on Record for Crypto Hacks

Trump Crypto Projects Facing Lawsuit, Potential Ethics Crackdown, and More

Tether and Arbitrum Freeze Assets as Crypto Faces Crisis of Purpose

Circle CEO Addresses Lack of Stablecoin Freezes During Crypto Thefts

Popular Musician Loses Life Savings Through Malicious Crypto Wallet in Apple’s App Store

Crypto Investor at Center of Trump Corruption Allegations Now Sees Himself as ‘Victim’

Trump’s World Liberty Financial Makes FTX-esque Move, Borrows Against Its Own Crypto Token

Iran Demands Bitcoin and Crypto for Strait of Hormuz Toll Payments

Crypto Project Details Alleged 6-Month North Korean Intel Op Behind $285 Million Hack

Tether, the World’s Biggest Stablecoin, Is Finally Getting Its First Full Audit

U.S. Senators Introduce Legislation to Ban Sports Betting on Prediction Markets

Matthew Rhys on What Propels Mayor Tom’s Outbursts on ‘Widow’s Bay’

You’ll Be Able to Search Apple Home-Connected Camera Footage Using AI This Fall

Live Updates From Apple WWDC 2026 🔴

After All That Hype, Trump’s Arctic Oil Lease Sale Raised a Laughable $3.7M

Apple Says Its New Google-Infused AI Is All About Privacy

Microsoft’s AI Chief Insists He’s Not Posting Thirst Traps on Main After Messy Breakup With OpenAI

Apple’s Vision Pro Will Stick AI Siri Right in Your Face

An Arizona Lake Just Lost All Its Fish

Letterboxd Is Doing Something Super Geeky for ‘The Odyssey’

Hubble Could Get a New Lease on Life—If NASA Can Afford It

This Ultrasonic Knife Is More Than Just a Gimmick—at Least Sometimes

Razer Hammerhead V3 HyperSpeed Review: Exceptionally Mediocre

The Best Gadgets of May 2026

Sony 1000X The Collexion Review: Too Expensive for Anyone but Sony Superfans

Alienware Fixed the One Problem With the Area-51, and Now I’m Afraid I Love It

Soundcore Liberty 5 Pro Max Review: Wireless Earbuds With Enough Features to Make Your Head Spin

Anker Solix E10 Review: No Power? No Problem

Bose Lifestyle Ultra Speaker Review: Sonos Can Start Sweating Now

Bose Lifestyle Ultra Soundbar Review: A Boisterous Stab at Dominating Home Theater

Dell’s XPS 16 (2026) Is Almost Everything I Could Have Asked for… Almost