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

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Finance

Iranian crypto outflows jump 700% minutes after U.S.-Israeli airstrikes, Elliptic says

The blockchain analytics firm said flows from Iran’s largest exchange spiked immediately after U.S.-Israeli strikes on Tehran, pointing to possible capital flight.

The Iranian flag flutters above a cityscape. (Shutterstock)

Policy

Turkey's ruling party unveils 10% crypto income tax proposal

The bill proposes a 10% tax on gains from regulated crypto platforms, withheld quarterly, with the president having the power to adjust the rate between 0% and 20%.

Turkish Flag Turkey (Unsplash)

Policy

Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark

JPMorgan said the long-awaited Clarity Act would bring regulatory clarity, boost institutional participation and accelerate tokenization across U.S. crypto markets.

The U.S. Capitol.

Finance

Iran crisis puts the regime's $7.8 billion crypto shadow economy in spotlight

The government relies on this crypto infrastructure for international trade, while ordinary Iranians use it as a financial lifeline during protests and economic crises.

(Tudoran Andrei/Shutterstock)

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CoinDesk News

Coinbase’s head of litigation says states are 'gaslighting' on prediction markets

Ryan VanGrack says states are misrepresenting federal law as they move to block prediction markets.

Ryan VanGrack

Tech

AI rout hits software stocks, but Grayscale says blockchains stand to benefit

As AI rattles tech stocks, Grayscale's head of research said blockchains will power intelligent agents’ transactions and help offset emerging risks.

Blockchain Technology

Finance

MetaMask expands debit card across U.S. after year-long pilot

The card lets users spend digital assets directly from their self-custodial wallets at various merchants.

MetaMask's mobile app (Gabby Jones, modified by CoinDesk)

Finance

STS Digital raises $30 million to expand crypto options platform

The Bermuda-based firm offers trading across 400+ cryptocurrencies with spot, vanilla, and exotic options, targeting institutional demand as crypto options open interest reaches $40 billion.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

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Markets

Prediction market firms could be making $10 billion in yearly revenue by 2030, Citizens Bank says

The bank said rising volumes, tighter market structure and early institutional engagement are pushing prediction markets beyond their gambling roots toward a new asset class.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Finance

NEAR Launches Near.com super app, touting AI capabilities and confidential transactions

The company is betting that the next big wave in crypto will come from its convergence with AI.

NEAR co-founder Illia Polosukhin (Margaux Nijkerk/ CoinDesk)