Latest Crypto News

Finance

From stablecoins to biotech: Why YZi Labs is betting on things that haven't happened yet

Ella Zhang of YZi Labs says her firm invests in founders building what doesn’t yet exist, guided by first principles and long-term conviction across AI, biotech and Web3.

Ella Zhang, head of YZi Labs, at Consensus Hong Kong 2026 (CoinDesk)

Finance

Recapping day 2 of Consensus Hong Kong

The conference's second day focused more on developers after day 1 concentrated on institutional providers and traders.

Wide shot of a packed show floor during Consensus Hong Kong 2026

Markets

Forget $80k: Michael Terpin warns bitcoin could revisit the $40,000s before a real recovery

Terpin argued that bitcoin’s post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain.

Transform Ventures CEO Michael Terpin at Consensus Hong Kong 2026 (CoinDesk)
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Finance

Espresso network launches ESP token with 10% airdrop amid Ethereum layer-2 debate

The network transitioned to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, securing the network and protocol participation.

(Kris Gerhard/Unsplash)

Markets

Bitcoin defies 'extreme fear,' hot jobs report to show signs of resilience

Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the economy was restrained even as the headline number surged.

Uniswap logo on phone (appshunter.io/Unsplash)

Tech

AI-powered agents dominate the EasyA x Consensus Hong Kong hackathon

Winning projects like FoundrAI demonstrate how generative AI is allowing developers to build market-ready products in just 48 hours.

(Photo: Olivier Acuna/Modified by Coindesk)

Finance

Binance converts its $1 billion safety net into 15,000 BTC

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC, reinforcing bitcoin as its long-term reserve asset.

Binance
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Policy

Agant registers with U.K. FCA ahead of British pound stablecoin debut

The issuer cleared a key regulatory hurdle as it prepares to roll out GBPA, a fully backed sterling stablecoin targeting institutional use.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Ark Invest buys Bullish stock for 9th straight day in $11.6 million purchase

Ark bought around 2.1 million BLSH shares in the past nine trading days, valued about $58.8 million based on the stock's closing price each day.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Tech

Solana leans into tokenization and payments at Hong Kong’s Accelerate APAC event

From ETFs to stablecoins to AI infrastructure, Solana’s pitch in Hong Kong was clear: less memecoin mania, more internet capital markets.

Solana Accelerate APAC in Hong Kong on Feb. 11, 2026. (Ali Ghorbani/Consensus)

Finance

zkME Technology wins $20,000 PitchFest prize at Consensus Hong Kong

The Hong Kong-based DePin company beat out 11 other finalists with its identity verification solution aimed at bringing DeFi to the mainstream.

PitchFest winner (Consensus Hong Kong 2026)
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Finance

Binance's Richard Teng breaks down the ‘10/10’ nightmare that rocked crypto

Every crypto exchange saw liquidations during the Oct. 10 liquidation event, Richard Teng told the crowd at CoinDesk's Consensus Hong Kong.

CoinDesk

Finance

OKX Ventures backs STBL in partnership with Hamilton Lane and Securitize

The companies are joining forces to introduce an RWA-backed stablecoin on OKX’s Ethereum-compatible layer-2 blockchain, X Layer.

Avtar Sehra sits on a chair in front of a microphone (Libre)

Markets

Trump-linked WLFI's Zak Folkman teases forex platform at Consensus Hong Kong

Folkman says more details will be revealed soon at an event at Mar-a-Lago.

Zak Folkman speaks at Consensus Hong Kong (CoinDesk)

Finance

UK appoints HSBC for blockchain bond pilot

The Treasury appointed banking giant and law firm Ashurst to steer its digital gilt trial this year as Britain plays catch-up to Hong Kong and Luxembourg.

UK Chancellor Rachel Reeves (Leon Neal/Getty Images)
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