Latest Crypto News

Markets

Analysts react as Robinhood slumps 10%, with slowdown in crypto trading weighing on results

JPMorgan and Compass Point were among the sell-side teams trimming price targets on HOOD.

Robinhood logo on a smartphone screen

CoinDesk Indices

CoinDesk 20 performance update: index trades 2.5% lower as all constituents decline

Aptos (APT) dropped 4.1% and Binance Coin (BNB) fell 3.7%, leading the index lower.

CoinDesk

Markets

Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage

The South Korean crypto exchange’s CEO Le Jae-won said the lack of proper controls led to the erroneous transfer of bitcoin worth more than $40 billion to customers. Most has been recovered.

Bitcoin bus (Photo: Olivier Acuna/Modified by CoinDesk)

Tech

Ethena-backed suiUSDe stablecoin goes live on Sui with $10 million yield vault launch

The synthetic dollar debuts on Sui Mainnet alongside a permissionless vault seeded by SUI Group and integration with DeepBook’s new margin system.

Sui token glitch
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Markets

U.S. added stronger than expected 130,000 jobs in January, with unemployment rate falling to 4.3%

Down sizably ahead of the jobs data, bitcoin rose modestly to $67,500 following the news.

"Help wanted" poster in a shop window.

Finance

Recapping day 1 of Consensus Hong Kong

Hong Kong is looking to build its digital assets economy, its leaders said on stage.

Two Consensus Hong Kong banners hang above the concourse of the Hong Kong

Markets

Crypto's latest selloff was a TradFi event, not a crypto crisis

Last week’s downturn was driven by yen carry trades and macro leverage, highlighting how deeply digital assets are now tied to traditional markets, panelists at Consensus Hong Kong 2026 said.

(l-r) Fabio Frontini, CEO of Abraxis Capital Management, Emma Lovett, Markets DLT credit lead at JPMorgan, Thomas Restout, group CEO of B2C2, Omkar Godbole of CoinDesk: Consensus Hong Kong 2026 (CoinDesk)
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Finance

Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership

The U.K. asset manager teamed up with Ripple to bring traditional fund structures onchain in its first tokenization push.

Nigel Khakoo and Jill Barber

Finance

Franklin Templeton and Swift say the future of banking is 24/7 and onchain

Tokenized funds and deposits are edging toward the mainstream, though regulation, infrastructure and security remain obstacles.

(l-r) Chetan Karkhanis of Franklin Templeton, Jean-Francois Rochet of Ledger, Devendra Verma of Swift, Nik De of CoinDesk: Consensus Hong Kong 2026 (CoinDesk)

Markets

Bearish sentiment prevails as bitcoin falls below $67,000, ether drops

Bitcoin and ether extended declines, dragging down crypto-related stocks, even as gold and silver rallied.

Stylized bull-bear faceoff

Finance

Joe Lubin claims DeFi is as safe as traditional finance, adding that bitcoin is in crisis

During an interview at Consensus Hong Kong 2026, Joseph Lubin argued that "blue chip" decentralized finance has reached parity with traditional banking.

Joe Lubin (David Paul Morris/Consensus)
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Policy

Regulation, derivatives helping drive TradFi institutions into crypto, panellists say

Non-participation in decentralized finance is becoming a career risk for traditional finance professionals, panellists said.

Two members of The Ultimate Deriving Machine panel at Consensus Hong Kong 2026

Finance

DeFi is not really decentralized, it is unavoidably centralized

Rules are required to ensure DeFi projects grow and mature, which means they need layers of centralization before becoming truly decentralized. .

Consensus Hong Kong 2026 (Photo: Olivier Acuna/Modified by CoinDesk)

Finance

Robinhood believes yields should be passed on to the customer, criticizes traditional finance

Robinhood’s Johann Kerbrat took the stage along with Bullish CEO Tom Farley to speak of his platform's views on stablecoin yields and traditional financial systems.

Tom Farley and Johann Kerbratt (Photo: Olivier Acuna/Modified by CoinDesk)

Finance

Tokenization still at start of hype cycle, but needs more use cases, specialists say

Crypto asset specialists must figure out how to match tokenization hype to real-world utility, Securitize's Graham Ferguson said.

Left to right: Graham Ferguson, head of ecosystem at Securitize; Min Lin, managing director of global expansion at Ondo; and Coindesk’s Kris Sandor (Coindesk)
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