Latest Crypto News
Crypto industry experts at Consensus see Asian institutions pivot toward stablecoins
Panelists at the conference discussed how regulatory progress in Hong Kong and Japan creates a structured path for capital allocation.

Gate CEO and founder Lin Han says banks have lost the war against stablecoins
The head of the fourth-largest crypto exchange by daily trading volume also said he believes bitcoin’s four-year cycle is no longer a thing.

Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus
The chairman of Greater China at McKinsey said nearly every company is experimenting with AI, few are rethinking their organizations deeply enough to unlock profit.

CoinDesk 20 performance update: Hedera (HBAR) rises 6.7%, leading index higher
Ripple (XLM), up 4.2% from Wednesday, was also among the top performers.

Bitcoin layer-2 builders pitch BTCFi as the next institutional unlock
Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.

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.

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.

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.


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.

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.

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.

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.

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.

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.

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.
