Latest Crypto News

Policy

SEC to review Nasdaq bitcoin options approval after CME challenge

CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority.

(Nikhilesh De/CoinDesk)

Tech

Solana Foundation's new CISO warns AI is making crypto scams more convincing

Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

Cyber crime (satheeshsankaran/Pixabay, modified by CoinDesk)

Opinion

Everyone has the perps convergence backwards

Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.

Stock ticker (Getty Images/Torsten Asmus)

Markets

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)
Advertisement

Tech

XRP Ledger upgrade brings back features once pulled over critical bugs

The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.

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

Tech

How bitcoin cold wallets lost $70 million in an attack that never touched the devices

Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.

Bitcoin cold wallet Coldcard. (Coldcard/Coinkite)

Markets

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

Bitcoin (BTC) price on July 31 (CoinDesk)

Finance

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)
Advertisement

Finance

The good and the bad of perps, according to crypto traders

Both retail and institutional traders worry about the funding rate.

A trader monitoring the stock market (Getty Images/miniseries)

Finance

Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.

Coldcard flaw lets attacker drain $38 million in bitcoin from old wallets. (Coinkite)

Markets

Quantum computing nears commercial breakthrough, IBM CEO says

Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.

IBM CEO Arvind Krishna (Alex Wong/Getty Images)

Markets

Crypto faces 3 barriers to next bull run, STS Digital CEO says

Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler.

Trading screen. (Yashowardhan Singh/Unsplash)
Advertisement

Policy

Circle secures New York trust charter as crypto regulatory push accelerates

The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.

New York City skyline (Michael Discenza/Unsplash)

Markets

Coinbase's weak quarter leaves Wall Street split on timing of a recovery

Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover.

CoinDesk

Opinion

RWA perps will outpace tokenization

Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs.

Real world assets like oil are getting perpified, argues Lee (Getty Images/Jordan Lye)

Finance

Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network

Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.

CoinDesk
Advertisement