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 3923.39, up 2.4% (+92.5) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+6.3%) and POL (+6.2%). Laggards: LTC (+0.0%) and BTC (+0.9%). The … Read more
The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.
Trump’s post comes after Republican Senator Tom Cotton on Wednesday wrote to Intel’s board of directors, asking about Tan’s ties to China, his investments in the country, and raised concerns about his time leading Cadence Design Systems, which had a Chinese military university as a customer.
Bitcoin DeFi is seeing more venture capital interest as institutional investors flock to Bitcoin and its increasing yield-bearing capabilities.
Brazil opens with a bureaucratic error. A fly gets stuck in a typewriter, changing the surname of Archibald Tuttle to Archibald Buttle, a misprint on a form that dictates the government forcibly detain a suspected terrorist (Tuttle) but instead leads to the arrest of an entirely innocent man (Buttle). If the inciting events of our … Read more
Eufy’s FamiLock smart lock features an integrated video screen and a neat palm unlock option. | Photo: Jennifer Pattison Tuohy / The Verge Eufy’s FamiLock S3 Max ($399) is a multitasking workhorse. Launched earlier this year, it combines a smart lock and video doorbell in one, and it’s one of the first locks with a … Read more
Chainlink has launched a new on-chain reserve, called the Chainlink Reserve, designed to funnel enterprise demand into its native LINK token, the company announced Thursday. The reserve accumulates LINK using revenue from both fees paid by large institutions for Chainlink’s services and on-chain usage fees from decentralized applications, the company said in a press release, … Read more
A joint report due on Aug. 15 may lead to the conclusion of the nearly five-year legal dispute between the SEC and Ripple Labs.
The U.S. congressional agency confirmed to TechCrunch that the removal of key sections of the Constitution from its website were removed in error. The full text has now been reinstated.
What happens when a decentralized trading platform removes its biggest bottlenecks? That is the question Gains Network is attempting to answer with the rollout of gTrade v10, a major infrastructure upgrade intended to scale the protocol to meet the growing needs of DeFi traders and integrators. The update brings notable changes to how fees, leverage, … Read more
The growth of decentralized finance (DeFi) and asset tokenization continues to underwhelm, JPMorgan’s Nikolaos Panigirtzoglou said in a research report Wednesday, citing the stagnant recovery since the 2022 crypto winter. Total Value Locked (TVL) in DeFi remains below 2021 highs, with most activity still driven by crypto-native and retail users, the report noted. Institutional adoption … Read more
Ripple is buying Rail, a stablecoin payments platform, for $200 million, Reuters reported on Thursday. The deal is likely to close in the fourth quarter of this year, the report added. Rail is a Toronto-based payments platform backed by Galaxy Ventures and Accomplice. The Rail acquisition is a way for Ripple to delve deeper into … Read more
The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans
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Nintendo’s latest livestreamed event is highlighting the smattering of indie games coming to the Switch consoles later this year, and the Indie World Showcase is scheduled to start on Thursday, August 7th, at 9 AM ET. Hades 2 might make an appearance, and there’s a slim chance the long-awaited Hollow Knight: Silksong might show up … Read more
Elsewhere, crypto majors are soaring on reports that Trump will sign an Executive Order today allowing crypto in 401(k)s.
Leading stablecoin issuer Tether has acquired a minority stake in Spanish crypto exchange Bit2Me, leading a €30 million (about $35 million) investment round to support the exchange’s growth in Europe and Latin America. Bit2Me said it recently became the first Spanish-speaking fintech to be authorized by Spain’s securities regulator under the EU’s new MiCA framework. … Read more
Hyperliquid’s growth drove DeFi perp exchanges to a new collective all-time high, signaling that more users are opting for decentralized trading venues.
The revived Salomon Brothers announced on Thursday that it has completed the process of inserting OP_Return notices to bitcoin (BTC) wallets assumed to have been abandoned. According to a press release shared with CoinDesk, the New York-based investment bank are sending the notices to prevent “rogue states and criminal organizations with significant resources” from potentially … Read more
Can Cardano’s Core DNA Be Reimagined for Institutional Finance? At Rare Evo this Saturday, Apex Fusion is officially launching VECTOR, a new blockchain that claims to carry Cardano’s architectural legacy while solving some of its oldest limitations. The announcement brings forward a core debate in blockchain engineering: can the unspent transaction output (UTxO) model deliver … Read more
Can DeFi lending systems support institutional-grade credit markets? Pharos, a Layer 1 blockchain focused on Real-World Asset Finance (RWAfi), are integrating Morpho’s lending infrastructure natively into its mainnet, marking a strategic step toward building credit rails for both institutional and decentralized participants in DeFi lending market. The collaboration is aimed at bringing modular, transparent lending … Read more