China cracks down on stablecoin promotions, research and seminars
Chinese regulators ordered local firms to halt seminars and research on stablecoins, citing concerns over potential fraud and herd-driven speculation.
Chinese regulators ordered local firms to halt seminars and research on stablecoins, citing concerns over potential fraud and herd-driven speculation.
XRP price could continue to climb toward $4.50 over the next few months as it breaks out of a classic bullish continuation pattern.
Tesla is dissolving the team that was developing its Dojo supercomputer, according to Bloomberg. The change, which reportedly includes the departure of Dojo head Peter Bannon, marks a notable shift away from using in-house technology to train the AI models powering Tesla’s self-driving features and its Optimus humanoid robot. Tesla CEO Elon Musk first introduced … Read more
Publicly traded companies are building strategic reserves in digital assets like BNB and Solana. Industry leaders explain why this could be the next institutional on-ramp for crypto.
Here’s the tricky part about assessing an AI system’s deception rate: if the system is really good at deceiving you, you might not notice. This week on The Vergecast, Adi Robertson and Alex Heath join me to discuss the launch of GPT-5 and GPT-OSS… and the strange charts we saw along the way. GPT-5 is … Read more
Marina Galperina is a senior tech editor at The Verge who works with staff writers and freelancers on reports and theme weeks. She recently started a new newsletter called The Stepback, which breaks down one essential story from a writer of the week every Sunday. (From Marina: “Please subscribe!”) During a recent discussion of Labubus … Read more
Gold futures surged to a record high on Friday after U.S. President Donald Trump imposed tariffs on imported gold bars, a rare move sparking both safe-haven buying and fresh concerns over supply disruptions in a market unaccustomed to such trade measures. The most actively traded U.S. gold futures contract climbed as high as $3,534 per … Read more
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 4044.63, up 2.8% (+111.1) since 4 p.m. ET on Thursday. Nineteen of 20 assets are trading higher. Leaders: XLM (+12.3%) and XRP (+8.0%). Laggards: BTC (-0.3%) and LTC (+0.3%). … Read more
Stability DAO said it had identified two CrediX Finance team members and was working with other projects and authorities to recover the stolen funds.
Openvibe, an app for tracking the open social web in one place, now supports RSS.
The team behind decentralized lender CrediX has vanished days after a $4.5 million exploit, leaving its X account inactive and website offline since Aug. 4, according to blockchain security firm CertiK. The sudden disappearance has sparked fears of an exit scam, which is when developers abandon a project and investor funds without warning. The $4.5 … Read more
Despite aggressive bullish bets, market odds imply under 3% chance of $200,000 BTC price by December of this year.
Comments
Crypto majors rallied (unsurprisingly) on the news—though with a surprising frontrunner.
Crypto oracle Chainlink’s newly established LINK Reserve attracts $1 million as whales accumulate 0.67% of the token’s supply.
Trump’s executive order opening 401(k)s to crypto has drawn a mix of praise, caution and criticism from industry leaders and skeptics alike.
Internet Computer Protocol (ICP) extended its upward trajectory over the last 24 hours, rising 2.29% from $5.25 to $5.37. The token’s price action unfolded within a $0.26 corridor between $5.16 and $5.42, representing a 4.94% trading spread, as traders navigated pronounced intraday volatility, according to CoinDesk’s technical analysis data model. The most notable moves came … Read more
Trump’s move may change US retirement plans. Bitcoin could soon be part of your 401(k), and Wall Street is getting ready.
While you can’t literally split a private key, there are secure legal and technical methods to share or divide control of crypto assets during divorce.
Filecoin (FIL) demonstrated measured volatility, trading within a 5.4% range in the last 24-hours, according to CoinDesk Research’s technical analysis model. The model showed that despite experiencing a mid-session decline to $2.39 at 16:00, Filecoin staged a textbook recovery, and bounced 5%. Elevated trading volumes exceeding 2.8 million units during the correction phase suggest institutional … Read more
Comments
The “Anchorpoint” joint venture aims to capitalize on Hong Kong’s newly launched stablecoin licensing regime.