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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Tech

Miden bets on privacy stablecoins with introduction of USDCx

USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.

An network of points of light connected by colored rays.

Tech

Solana neared a freeze threshold Wednesday, Marinade Finance says. The Foundation says it held up under stress.

A routing glitch at a major data center provider knocked nearly 29% of Solana’s staked tokens offline, bringing the network within striking distance of a full freeze, while Foundation executives stressed that blocks and transactions never stopped.

Solana neared the network freeze threshold Wednesday. (Marinade)

Tech

Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind

Nvidia has signed memorandums of understanding with six major Wall Street firms to establish "AI compute" as a bankable infrastructure asset.

(Possessed Photography/Unsplash)

CoinDesk News

Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions

Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure.

Ryan Rasmussen

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CoinDesk News

Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investors

Strategy is holding billions in cash after learning that traditional investors don’t necessarily view its massive bitcoin reserves as a substitute for dollars.

Phong Le

Tech

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

The proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition.

Fork in road (Beth MacDonald/Unsplash)

Markets

Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF

The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing.

T. Rowe Price head of digital assets Blue Macellari at Consensus Miami. (CoinDesk)

Finance

Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock

Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.

American Bitcoin board member Justin Mateen.

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Policy

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin

The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Tech

Why Bitcoin's BIP-110 refuses to die despite near-zero miner support

BIP-110 has attracted only a sliver of miner support, yet its user-activated design means the proposal continues toward its activation date and (most likely) beyond.

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