Crypto News

Crypto News

Finance

OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users

The new partnership comes as Hyperliquid’s oli futures contracts that never expire have been a huge success with over $1.6 billion in 24-hour trading volume.

Intercontinental Exchange CEO Jeffrey Sprecher mentioned Bakkt only once, and the bitcoin-focused subsidiary otherwise did not come up during Thursday's earnings call. (Credit: CoinDesk archives)

Finance

Hana Bank to acquire $670 million stake in Upbit operator Dunamu

The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.

Seoul (Yeojin Yun/Unsplash)

Finance

Crypto’s mainstream moment has arrived, say industry leaders speaking at Consensus Miami

Executives from Binance, Revolut and Circle say crypto is evolving beyond speculation into the financial infrastructure powering payments, remittances and broader global access.

From niche to normal panel at Consensus Miami

Tech

The end of ads: Coinbase engineer says AI agents could kill the internet’s favorite business model

Erik Reppel, who created the x402 protocol, said that the web economy depends heavily on advertising revenue generated from humans. AI agents bypass that system entirely.

Erik Reppel, founder of x402, at Consensus Miami 2026 (CoinDesk)

Policy

U.K.'s Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne

The Conservative and Labour parties argued Nigel Farage broke Commons rules by not declaring the £5 million, but Reform UK said it was an exempt, personal, unconditional gift.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Policy

Cut the red tape: 39 financial giants demand an emergency fast-track for Europe's blockchain pilot

The firms requested separating the DLT pilot regime from a larger package of 18 financial laws to allow for quicker updates and build real markets.

European Parliament building (Guillaume Périgois/Unsplash)

Finance

Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens

The settlement avoids a trial and ends the dispute over the RR/BAYC NFTs, which claimed to parody Bored Ape Yacht Club, one of the most recognizable NFT brands.

Statue of Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Finance

ParaFi defies crypto market downturn with $125 million raise for new fund: Bloomberg

The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

Coinbase introduces stock perpetual futures contracts for non-U.S. customers

The contracts trade 24/7, are cash-settled in USDC and allow for up to 10-times leverage on single-stock contracts and 20-times on ETF products.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Finance

Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business

Casimo will be responsible for growing the Dutch market maker's institutional crypto offering.

Sign saying "Now Hiring" sits on a lawn.