YZi Labs ends proxy war with BNB treasury company CEA Industries
BNB treasury company CEA Industries (BNC) is undergoing a boardroom shakeup following a cooperation agreement with Binance-linked backer YZi Labs.
Crypto
Gold, silver and bitcoin tumble as debasement trade unwinds
Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological milestones. Gold is down roughly 28% from its January peak of $5,600 and now trading below $4,000 per ounce, whi…
Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
Standard Chartered's Geoff Kendrick has initiated coverage of decentralized lending protocol Aave
This forgotten coin could surprise everyone before its next halving
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Cboe revives S&P 500 binary options, chasing a market popularized by Polymarket, Kalshi
Cboe, one of the largest U.S. derivatives exchanges, said it is entering the prediction-market arena and is reviving binary options on the S&P 500 index after abandoning them more than a decade ago, a move that brings i…
Bitcoin clings to $62,500 as bears tighten grip on crypto market
Derivatives positioning is broadly bearish: Even though SOL futures open interest hit a lifetime high, funding rates and CVD are both negative and ETH open interest rose as prices fell.
The Runes revival: Bitcoin traffic hits a two-year high as transactions blast past 820,000
Bitcoin's onchain activity is surging despite the asset remaining deep in a bear market.
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Bitcoin's (BTC) price chart is flashing a bearish signal amid risk-off cues from currency markets.
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
The leading crypto political action committee, Fairshake, often backs its favored hopefuls for the U.S. House of Representatives with ad campaigns in the hundreds of thousands of dollars, but it devoted Senate-level mon…
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
Bitcoin fell toward $62,000 on Wednesday as a second day of heavy selling in technology stocks kept pressure on risk assets worldwide.
AI chipmaker Cerebras down 11% after first public earnings report
In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins next quarter.
Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'
Nouriel Roubini, the economist known as "Dr. Doom" for predicting the 2008 financial crisis and who later became one of crypto's most vocal critics, is making his first move into blockchain-based finance.
Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
Meta (META), the parent company of Facebook, is developing a new app called “Arena” that mirrors a prediction market platform, according to people familiar with the matter who spoke with the New York Times.
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
Blockchain infrastructure company Chainlink said it is joining a group of banks that collectively represent over $10 trillion in assets under management to unlock real-time, stablecoin-based cross-border payments for fo…
BNY sees 'FOMO' driving asset managers into tokenized funds
As tokenization moves from industry experiment to commercial product, asset managers are rushing to establish a foothold in the market.
Ethereum Foundation cuts 20% of staff amid leadership exodus
The Ethereum Foundation is cutting roughly 20% of its workforce, eliminating 54 positions as part of a broad restructuring that comes amid sustained senior leadership turnover and growing fragmentation across the wider …
Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
The investment bank said bitcoin's renewed sell-off was driven by a hawkish shift in Federal Reserve expectations, sustained outflows from U.S. spot bitcoin exchange-traded funds (ETFs), a confidence shock following Str…
The SEC delayed tokenizing stocks, and here’s why that’s a relief
After two decades building systems that evolved from reactive to cognitive – first at VMware with mobile device security, now in compliance infrastructure for digital asset markets – I've seen that following the rules i…
The digital euro takes a massive step forward after winning a crucial European Parliament vote
The European Central Bank (ECB) scored a major victory after the European Parliament’s influential Economic and Monetary Affairs (ECON) committee voted to approve the legal framework for a digital euro on Tuesday.
Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator
As bitcoin trades near its 200-week moving average, a long-term support indicator currently sitting around $62,400, investors are closely watching whether the level can hold. If the 200WMA breaks, attention is likely to…
In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer
The weeks are growing short for the Digital Asset Market Clarity Act to thread the needle of the U.S. Senate, but talks continue in several distinct negotiations as lawmakers seek to patch the remaining rifts in the cry…
Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations
Tanya Denisova, the former chief operating officer of Robinhood Crypto, has joined stablecoin issuer Agora as head of operations, according to a Tuesday blog post by Agora's CEO and co-founder Nick van Eck.
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The Ethereum Foundation (EF) will slash its budget by roughly 40% this year as part of a shift toward a leaner, endowment-style operating model, Ethereum co-founder Vitalik Buterin said in a blog post published Tuesday.
Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
The $1.7 trillion asset manager Franklin Templeton is establishing a new dedicated active crypto investment management arm through acquisition of 250 Digital.