Paper certificates gave way to book-entry records. Trading floors gave way to electronic markets. Manual processes gave way to faster settlement, automated clearing, and global access. Each step raised fair concerns. Ea…
The range itself is normal. Bitcoin spent much of 2024, from March to October, consolidating between $55,000 and $70,000 with occasional overshoots in both directions. What makes the current setup riskier is its locatio…
Nasdaq is expanding the distribution of its market data into blockchain infrastructure, making one of its flagship equity data products available through the Pyth Network as financial firms increasingly build trading an…
Circle (CRCL) shares were lower by 8% in Tuesday morning trading after a consortium backed by some of the biggest names in payments, banking and crypto unveiled Open USD, a new stablecoin designed to challenge incumbent…
New York Life Investment Management (NYLIM), the $807 billion asset management arm of major life insurer New York Life, is bringing its first investment strategy onto blockchain rails, joining a growing list of Wall Str…
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platforms rather than sim…
U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock's IBIT accounting for $300 million of outflows that other funds partly offset, including $50 million into ARKB and $35 million into GBTC, per SoSo…
Bitcoin traded around $59,514, down 0.3% over 24 hours and 7% on the week, per CoinDesk data, holding below its 200-week moving average, the average price over roughly the past four years and a long-term line it has sat…
USDT, the world's largest dollar-pegged stablecoin, is trading well above face value on Indian crypto platforms. While local reports attribute the premium to a recent enforcement action, exchanges explain it as a simple…
A federal judge in New York entered a $5.5 million default judgment against NanoBit Limited and five related defendants over an alleged relationship-investment scam built on a fake crypto trading platform.
JPMorgan said it is backing efforts to establish a U.S. regulatory framework for digital assets, but placed as much emphasis on the risks of crypto as the opportunities.
What was once dominated by lightly regulated crypto lenders is increasingly adopting the conventions of traditional finance, including conservative collateral management, greater transparency and more disciplined underw…
Ripple is pushing to add a lending layer to the XRP Ledger, the blockchain behind XRP, in a bid to let institutions borrow against assets they hold onchain rather than just issue and move them.
Tracking funds on a blockchain has typically required specialized tools, and the process can sometimes be opaque, but crypto analytics firm Chainalysis is taking a swing at solving that problem.
The European Union's (EU) July 1 Markets in Crypto-Assets (MiCA) deadline could leave more than 10 million users looking for a new platform, Alex Fazel, chief partnership officer at Swissborg, told CoinDesk in an interv…
Ukraine has transferred seized cryptocurrency into state management for the first time in its history, according to the country's Prosecutor General's Office.
The White House has invited law enforcement organizations objecting to the language of the U.S. Senate's crypto market structure bill to sit down for a meeting on Monday, according to a person briefed on the plan, which…
The world's largest publicly traded company holding bitcoin, Strategy (MSTR), has authorized a new bitcoin monetization program, giving the company the flexibility to sell a portion of its bitcoin holdings to strengthen…
Crypto projects losing millions due to exploits and hacks are becoming almost daily headlines. So much so that some of this news had almost become background noise.
Strategy (MSTR) unveiled a new Digital Credit Capital Framework on Monday, introducing a series of capital management initiatives designed to strengthen its preferred securities, preserve long term bitcoin exposure, and…
J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational companies to move money between countries at any hour of the da…
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