Breaking News

Breaking News

Policy

Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up

The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

Do Kwon (CoinDesk archives)

Markets

Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve

An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.

The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Markets

Fed Holds Rates Steady as Expected, but Two Dissent From Decision

Fed Chair Jerome Powell has been under considerable pressure from the White House to ease monetary policy.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

Policy

No U.S. Bitcoin Reserve Plans as White House Touts Crypto Report

The report on the government's crypto plans doesn't offer a ton of surprises, mostly echoing familiar policy work, and it's got nothing new on the crypto stockpiles.

Donald Trump (Jesse Hamilton/CoinDesk)

Policy

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

A preview of a White House report on digital assets makes further recommendations to areas already in motion within the Clarity Act to oversee crypto markets and the GENIUS Act for stablecoins.

Donald Trump (Nikhilesh De/CoinDesk)

Markets

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Web3

Indian Crypto Exchange CoinDCX Suffers $44M Hack

The timing of the hack carries an unsettling echo: it occurred exactly one year after another Indian exchange, WazirX, was hacked for $235 million.

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

Policy

Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy

President Donald Trump made it official during a White House ceremony, affixing a signature to the stablecoin regulation bill before a crowd of crypto insiders.

President Trump at GENIUS bill signing (Nik De/CoinDesk)

Policy

GENIUS Act for Stablecoins Passes House on Way to Being First Major U.S. Crypto Law

On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.

White House official Davis Sacks and top Republicans (Jesse Hamilton/CoinDesk)