AI Boost

“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy.

AI Boost

Latest from AI Boost


Markets

South Korea Suspects North Korea-Linked Lazarus Behind $36M Upbit Hack

On Thursday, South Korea's largest digital asset exchange, Upbit, suspended deposits and withdrawals after detecting unusual activity in the Solana network tokens.

South Korea investigates possible Lazarus involvement in the Upbit hack. (Image via Shutterstock)

Web3

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

Glasses in front of monitors with code (Kevin Ku/Unsplash/Modified by CoinDesk)

Policy

UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' for Users

The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.

Big Ben in the UK (Heidi Fin/Unsplash/Modified by CoinDesk)

Policy

Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani

The Philippines has a $60 billion opportunity in asset tokenization, potentially transforming its capital markets by 2030.

philippines map

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Markets

Korea's Upbit Suspends Deposit And Withdrawal Service After $37M in Abnormal Activity in Solana Tokens

Upbit has suspended digital asset withdrawals after detecting irregular activity involving Solana network tokens.

South Korea's flag (Daniel Bernard/Unsplash)

Markets

Bitcoin's Ascent May Hit a Wall Around Mid-$90K: Trading Firm

Bitcoin has surged past the $90,000 mark, buoyed by rising expectations of a December Federal Reserve rate cut.

FastNews (CoinDesk)

Policy

S&P Downgrades Tether's USDT, Citing Falling Bitcoin Prices as Risk

The ratings agency cited bitcoin's rising share in the stablecoin reserves, making USDT vulnerable to falling prices.

Tether

Markets

Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback

The fresh bitcoin purchase lifts holdings to 1,183 BTC as management emphasizes disciplined long term strategy.

CoinDesk

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Markets

Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally

The crypto asset manager is converting its Zcash Trust into a spot ETF, betting on rising demand for privacy coins as ZEC outpaces BTC and ETH.

Grayscale on a screen (modified by CoinDesk)

Markets

Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.

Robinhood logo on a screen