Latest Crypto News

Finance

Kraken continues acquisition streak by buying token management firm Magna ahead of IPO push

The deal adds token lifecycle infrastructure to Kraken’s growing product suite.

Kraken

Tech

The Protocol: Zora moves to Solana

Also: EF’s Stańczak to leave ED role, XRPL member-only DEX and Ethereum revives the DAO.

geese, migrate

Finance

Optimism's OP token falls after Base moves away from the network's 'OP stack' in major tech shift

Base launched in 2023 and quickly became one of the most widely used Ethereum layer-2 networks.

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

Finance

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees.

Ethereum News
Advertisement

Finance

Bitcoin miner Riot stock jumps nearly 9% as activist Starboard urges AI data center expansion

The activist investor said Riot's 1.7 GW power capacity can drive premium AI hosting deals at Texas sites.

Racks of mining machines.

Finance

Financial giant with $3.5 trillion asset to pilot Trump-affiliated WLFI stablecoin for tokenized funds

The financial giant with $3.5 trillion in assets has teamed up with World Liberty Financial to test the USD1 stablecoin for fund flows and tokenized assets.

World Liberty Financial leadership team (Jesse Hamilton/CoinDesk)

CoinDesk Indices

Crypto Long & Short: Crypto’s liquidity mirage

In this week’s Crypto Long & Short Newsletter, Leo Mindyuk of ML Tech writes that while crypto markets look liquid on paper, executable liquidity at scale is more fragmented and more fragile than most institutions assume.

CoinDesk

Policy

What happens on prediction platforms can steer traditional markets, NYSE chief says

Prediction market outcomes are being used as inputs for how players deal with traditional financial markets, NYSE President Lynn Martin said at Mar-a-Lago on Wednesday.

CFTC Chair Mike Selig (left) and NYSE President Lynn Martin speaking on stage at the World Liberty forum. (Helene Braun/CoinDesk)
Advertisement

Markets

Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears

Coinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-related stocks as the battered software sector found some relief.

curves, swing, volatile, winding road (Raphaël Biscaldi/Unsplash)

Markets

Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely

“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, saying he's still trying to understand how it moves.

CoinDesk

Finance

Bitwise aims to offer prediction market ETFs for U.S. elections in 2026 and 2028

Under "Prediction Shares" branding, Bitwise filed to list two ETFs tracking prediction markets betting on the outcome of the 2028 presidential election.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Finance

NYSE President says exchange felt ‘responsibility’ to enter tokenization space

The exchange is expected to launch 24/7 trading of tokenized assets later this year.

NYSE President Lynn Martin (Jemal Countess/Getty Images)
Advertisement

Markets

Bitcoin's plunge signals coming AI crisis, but massive Fed response will drive new record high: Arthur Hayes

The rise of artificial intelligence is likely to displace millions of workers in quick order, triggering sizable credit defaults, said Hayes.

Arthur Hayes (CoinDesk)

Policy

Hyperliquid starts DeFi lobbying group with $29 million token backing

Jake Chervinsky, CEO of the Hyperliquid Policy Center, said markets are migrating to blockchain, and the U.S. need to adopt new rules of risk being left behind.

Capitol in Washington, D.C. (Harald Mendoza/Unsplash)

Finance

Tokenized pre-IPO shares topic ignites legal debate at Consensus Hong Kong 2026

Ultan Miller touts a blockchain-based pre-IPO index, while critics warn unauthorized equity tokenization risks legal and investor fallout.

Hecto Finance's Ultan Miller. (Photo by Olivier Acuna/Modified by CoinDesk)

Markets

Canary lists spot SUI ETF with staking rewards

The Nasdaq-listed SUIS fund offers direct exposure to Sui’s native token while passing through proof-of-stake rewards in a regulated ETF wrapper.

Stephen Mackintosh, chief investment officer of Sui Group Holdings, and Evan Cheng, CEO of Mysten Labs at Consensus Hong Kong 2026 (CoinDesk)
Advertisement