Latest Crypto News

Web3

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera

Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.

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

Finance

Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs

Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.

Road sign saying "Wall Street"

Opinion

The UK has finally shown it’s serious about crypto

Several recent regulatory steps indicate the UK might finally stop dragging its feet when it comes to crypto, argues Wirex CEO Chet Shah.

CoinDesk

Markets

Bitcoin treasury company Empery Digital sold about half of its BTC stack

It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers.

Cryptos reverse course
Advertisement

Tech

AI found an Ethereum bug that could take validators offline, but humans had to prove it

The Ethereum Foundation pointed coordinated AI agents at the software its validators run and got a remotely triggerable crash out of it. It also got a pile of confident, well-written findings that were not bugs at all.

AI found an Ethereum bug that could take validators offline, but humans had to prove it (CoinDesk)

Markets

Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no

Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over.

Halving cycle data challenges moonshot predictions. (Getty Images)

CoinDesk News

Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"

Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there.

Alex Schultz

Policy

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.

U.S. President Donald Trump (Jesse Hamilton/CoinDesk)
Advertisement

Finance

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

Hyundai. (Raphael Maksian/Unsplash)

Finance

OKX, MetaMask, Matter Labs back dispute resolution court for AI agents

The Genlayer Foundation is leading the 27-firm consortium that makes AI-based payments, escrow and dispute resolution interoperable.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

Finance

Circle soars after securing U.S. trust bank approval in crypto expansion

The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)
Advertisement

Markets

Crypto defies equity weakness as altcoin optimism builds into the weekend

The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.

Bitcoin price (CoinDesk Data)

Markets

Polymarket seeks approval to bring margin trading to U.S. customers

Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.

Hands rest on a keyboard attached to a tablet computer. (Kanchanara/Unsplash)

Markets

Bitcoin's $60,000-$70,000 range becomes third most traded range in history

Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.

BTC Price (Glassnode)

Markets

Metaplanet explores bringing bitcoin-backed digital credit to Japan

The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.

Neon sign saying 'Open 24 hours'
Advertisement