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Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
Block's Cash App has initiated a phased rollout of USDC stablecoin payments to its nearly 60 million users, starting…
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CoinDesk
DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push
DTCC plans to connect its tokenized securities platform to the Stellar network by 2027. This initiative is part of a…
CoinDesk
Solana DEX Orca launches new marketplace for tokenized real-world assets
Orca, a decentralized exchange on Solana, has launched a new marketplace for trading tokenized real-world assets. This…
CoinDesk
Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
Kraken has launched a new product called Bitcoin Vault, aimed at long-term bitcoin holders seeking passive yield. This…
CoinDesk
Traders once again prefer dollars over bitcoin. USDT, USDC dominance rises.
Traders are showing a renewed preference for dollars over bitcoin, as evidenced by the shifting dominance rates of…
CoinDesk
SoFi brings bank-issued stablecoin to 15 million users in crypto push
SoFi has launched SoFiUSD, a dollar-backed stablecoin, making it the first U.S. national bank to offer a stablecoin…
CoinDesk
Bitcoin clings to $75,000 support as bear market signals resurface
Bitcoin is currently trading above the $75,000 support level after being unable to break through $78,000. Analyst Tom…
CoinDesk
Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing
Crypto exchange HTX has denied allegations from U.K. authorities that it assisted Russia by cooperating with the ruble…
CoinDesk
Bitcoin drops to 13th largest asset as capital flees to AI and precious metals
Bitcoin has fallen to the 13th largest asset globally as it struggles against rising investments in AI and precious…
CoinDesk
DeFi isn't safe anymore because AI is becoming 'superhuman' at hacking, security chief warns
OpenZeppelin CEO Manuel Aráoz has declared that decentralized finance (DeFi) is now unsafe due to advancements in AI…
CoinDesk
Crypto PACs spend $9 million in Texas and score wins in both parties
Crypto-focused political action committees (PACs) have spent over $9 million in Texas, achieving victories for…
CoinDesk
Bitcoin vs gold: BTC's three-month uptrend has snapped
Bitcoin's three-month uptrend against gold has come to an end as investors shift their focus towards gold and precious…
CoinDesk
XRP steadies near $1.32 as failed breakout keeps focus on narrowing trading range
XRP is currently trading around $1.32, remaining within a tight range after a failed breakout attempt near $1.36. The…
CoinDesk
Traders watch bitcoin 'golden cross' as BTC slides to near $75,000, ZEC dives 9%
Bitcoin has fallen to around $75,500, diverging from the record highs seen in global equities. Traders are closely…
CoinDesk
Trump praises prediction markets, defends CFTC as court cases compound
President Donald Trump emphasized the importance of the CFTC maintaining exclusive authority over prediction markets.…
CoinDesk
Joe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexes
SharpLink, an Ethereum treasury firm backed by Joe Lubin, will join the Russell 2000 and Russell 3000 indexes on June…
CoinDesk
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
The UK has imposed sanctions on 18 entities, including the crypto exchange Huobi, for their involvement in helping…
CoinDesk
Bermuda, the small island nation with huge crypto ambitions
Bermuda is positioning itself to become the world's first fully onchain economy, collaborating with major crypto firms…
CoinDesk
Coinbase’s Base launches AI tool for ChatGPT to manage crypto wallets and DeFi apps
Coinbase's Base has introduced a new AI tool called Base MCP that allows users to manage their crypto wallets and DeFi…
CoinDesk
Bitmine made its largest ETH purchase this year despite Tom Lee's slowdown suggestion
Bitmine Immersion has made its largest purchase of ether this year, acquiring 111,942 ETH for approximately $237…
CoinDesk
Spain joins growing list of countries shutting out Polymarket and Kalshi
Spain has blocked access to prediction market platforms Polymarket and Kalshi for operating without the necessary…
CoinDesk
StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens
StablR has suspended operations for its USDR and EURR stablecoins following a cyberattack that resulted in the minting…
CoinDesk
Hyperliquid takes a swing at Polymarket with macro outcome bets
Hyperliquid has launched its HIP-4 product, allowing users to bet on offchain events like U.S. inflation and Federal…
CoinDesk
At $318 billion, the stablecoin market value exceeds the FX reserves of 95 nations
The stablecoin market has reached a total value of $322 billion, surpassing the foreign exchange reserves of 95…
CoinDesk
Ondo Finance founder Nathan Allman passes away
Nathan Allman, the founder of Ondo Finance, has passed away unexpectedly, prompting the company to announce his death…
CoinDesk
XRP slips below $1.35 after triangle breakdown puts focus on $1.30 support
XRP has slipped below the $1.35 mark following a failed breakout attempt, raising concerns about its short-term…
CoinDesk
HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran rattle markets
The cryptocurrency market experienced a pullback as privacy tokens like Zcash and Monero saw declines following recent…
CoinDesk
Bitcoin stalls near $76,500 as muted trading points to macro wait-and-see
Bitcoin is currently trading around $76,500, with low trading activity as investors await macroeconomic developments.…
CoinDesk
Indonesia blocks Polymarket, calling prediction market online gambling in disguise
Indonesia has blocked the crypto prediction market Polymarket, categorizing it as illegal online gambling. Authorities…
CoinDesk
Bitcoin, crypto prices tick up as US-Iran peace deal odds climb
Bitcoin and other cryptocurrencies saw a rise in prices as the likelihood of a U.S.-Iran peace deal increased. Iranian…
CoinDesk
Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS'
Vitalik Buterin announced that the Ethereum Foundation will reduce its size and focus on specific areas known as…
CoinDesk
PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
The upcoming week will focus on key U.S. economic data that could influence Federal Reserve rate decisions. Inflation,…
CoinDesk
Prometheum bets Wall Street distribution is the missing link for tokenized securities
Prometheum is launching new infrastructure to enable broker-dealers and registered investment advisers (RIAs) to offer…
CoinDesk
HYPE funds attract millions as investors dump bitcoin and ether ETFs
Investors are shifting their focus from traditional bitcoin and ether ETFs to newer altcoin options like HYPE and XRP…
CoinDesk
Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, says FalconX
Hyperliquid is positioning itself as a competitor to traditional exchanges and prediction markets by expanding its…
CoinDesk
Bitcoin trades above $77,000 as oil's 5% slide pushes Asian equities higher
Bitcoin has risen above $77,000, buoyed by a significant drop in oil prices. The decline in oil is linked to potential…
CoinDesk
Bitcoin options are coming to Nadaq. Here's what it means for you.
Nasdaq is set to offer cash-settled Bitcoin options under the ticker QBTC, pending CFTC approval. These options aim to…
CoinDesk
Coinbase does not fear competition from Wall Street, says exchange executive
Coinbase executives express confidence in their position despite increasing competition from Wall Street. They…
CoinDesk
Crypto and the Fed: State of Crypto
The Federal Reserve has updated its proposal for a 'skinny' master account to facilitate crypto firms' access to its…
CoinDesk
A massive $1 trillion hidden market is waiting to be unlocked in bitcoin, says new report
A new report by Ledn predicts that the bitcoin-backed lending market could grow to $1 trillion within the next decade.…
CoinDesk
AI is speeding up the quantum threat to crypto, security experts warn
Artificial intelligence is accelerating the development of quantum computing, posing a significant threat to current…
CoinDesk
Crypto rails are becoming the default payment layer for AI agents, report says
A report from Keyrock indicates that stablecoins are becoming the primary payment method for AI agents, as traditional…
CoinDesk
Bitcoin heads higher as President Trump announces Iran peace agreement
Bitcoin prices surged following President Trump's announcement of a peace agreement involving Iran and other Middle…
CoinDesk
Bitcoin is ready to beat stocks and bonds again after underperformance against Wall Street
Bitcoin is poised to outperform traditional assets like stocks and bonds after a prolonged period of underperformance.…
CoinDesk
Crypto trader sees Hyperliquid, AI tokens leading next altcoin rally
Crypto trader Michael van de Poppe highlights Hyperliquid and AI tokens as key players in the upcoming altcoin rally.…
CoinDesk
Clarity Act could spark a boom in crypto ‘yield-as-a-service’
The Clarity Act may lead to a significant shift in the crypto industry towards 'yield-as-a-service' models. Proposed…
CoinDesk
Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks
Bitcoin's price has dropped to approximately $74,300, marking a significant decline from its early May peak. This…
CoinDesk
F2Pool founder who controls 11% of bitcoin's hashrate to lead first SpaceX mission to Mars
Chun Wang, co-founder of F2Pool, has been appointed as the Mission Commander for SpaceX's first commercial mission to…
CoinDesk
SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
SEC Commissioner Hester Peirce has addressed misconceptions regarding a pending rule on crypto tokenization. She…
CoinDesk
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
Minnesota has enacted a law allowing state-chartered banks and credit unions to offer cryptocurrency custody services.…
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