CoinDesk 20 Performance Update: Uniswap (UNI) Drops 11.4% as All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2789.42, down 4.4% (-127.06) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BTC (-1.8%) and LTC (-1.9%). Laggards: UNI (-11.4%) and ICP … Read more

Anthony Pompliano’s ProCap to Go Public in $1B Bitcoin Treasury SPAC Deal

Anthony Pompliano is taking his bitcoin-native financial platform ProCap BTC public through a $1 billion merger with Columbus Circle Capital Corp. I (CCCM), a special-purpose acquisition company (SPAC) sponsored by an affiliate of Cohen & Company. The transaction, announced Monday, positions the new entity, ProCap Financial, Inc., as one of the largest bitcoin treasuries ever … Read more

Veda Raises $18M to Expand DeFi Vault Infrastructure Powering Over $3.7B in Assets

Veda, a decentralized finance (DeFi) infrastructure firm, said it raised $18 million in a round led by CoinFund to support its platform, which enables apps and institutions to offer simplified crypto yield products. The startup’s main product is a modular vault framework that lets developers create smart contracts to manage yield strategies without exposing users … Read more

Fanfiction writers battle AI, one scrape at a time

In the online world of fanfiction writers, who pen stories inspired by their favorite movies, books, and games, and share them for free, there are unspoken codes of conduct. Among the most important: never charge money for your fanfic, and never steal other people’s work. It makes sense then that fanfic writers were among the … Read more

5G Chipmaker Sequans Joins the Bitcoin Treasury Strategy Rush

Telecommunication company Sequans (NYSE:SQNS) has announced that it will raise $384 million to launch a bitcoin treasury, according to a press release. The company has agreed to issue and sell $195 million in equity securities and $189 million in convertible secured debentures. “Our bitcoin treasury strategy reflects our strong conviction in bitcoin as a premier … Read more

NEAR Protocol Surges 7% After Volatility Test, Establishes Key Support

The cryptocurrency market continues to reflect broader economic uncertainties as NEAR Protocol demonstrates resilience amid significant volatility. After experiencing a sharp decline to $1.79, NEAR has established support at $1.83 with substantial buying interest, particularly during high-volume trading periods. The token’s recovery momentum has formed a clear uptrend channel with higher lows, suggesting renewed buyer … Read more

Norway Plans Ban on New Crypto Mining Data Centers to Preserve Power

Norway’s Labour Party government has revealed plans to impose a temporary ban on any new crypto mining data centres that use energy‑heavy proof‑of‑work systems, per Reuters. The proposed rule could kick in Autumn 2025, if approved, and is aimed at preserving electricity capacity for more productive industries. “Cryptocurrency mining is very power-intensive and generates little … Read more

Strategy Added 245 Bitcoin to Holdings Last Week

Strategy (MSTR), the largest publicly listed company holding bitcoin BTC, has increased its holdings by an additional 245 BTC for $26 million. This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price for its entire bitcoin position now … Read more

OKX ‘Considering’ U.S. IPO, Native Token Sees 9.8% Spike: Report

Crypto exchange OKX is “considering” an initial public offering (IPO) with the U.S. as its preferred market, The Information reported on Sunday, citing an interview with the firm’s chief marketing officer. “We will absolutely consider an IPO in the future,” said Haider Rafique, chief marketing officer. “If we go public, it would likely be in … Read more

Why Banks Are Prime Cyber Attack Targets—and How They Can Fight Back

In January 2021, I contributed an article to the Amount blog, a platform dedicated to fintech innovation and banking security, titled “Banks Against Cyber Attacks.” The piece examined the escalating threat landscape facing financial institutions as digital banking accelerated, highlighting the critical importance of robust cybersecurity practices, the adoption of advanced technology, and a culture … Read more

Shiba Inu’s V-Shaped Recovery Driven By Over 2T SHIB in Volume

Shiba Inu’s SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk’s AI research. The meme cryptocurrency has bounced to $0.0000$1080, having hit a low of $0.00001025 late Sunday. That was the lowest level since February 2024, according to data source TradingView. The bounce comes as bitcoin, … Read more