Asset manager VanEck launched its first tokenized fund, joining a roster of institutions entering the race to bring assets on-chain with tokenziation. The VanEck Treasury Fund (VBILL), developed with tokenization specialist Securitize, offers on-chain access to short-term U.S. Treasury debt and is available on the Avalanche AVAX, BNB Chain BNB, Ethereum ETH and Solana SOL … Read more
GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K’s first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, GFO-X announced on Tuesday. DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, … Read more
Inflation eased a bit more in April with the year-over-year headline Consumer Price Index rate falling to its slowest pace in more than four years. The April CPI rose 0.2%, according to the Bureau of Labor Statistics. That’s less than economist forecasts for 0.3%, though up from -0.1% in March. On a year-over-year basis, CPI … Read more
Dubai agreed to allow cryptocurrency payments for government services in a deal with crypto exchange Crypto.com, taking a step toward implementing its plan for a cashless society. Once technical details are complete, the agreement will allow individuals and businesses to pay fees using digital wallets from Crypto.com, which is licensed by the emirate’s Virtual Assets … Read more
Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million. The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium over its closing price prior to the announcement. “WonderFi has built a formidable family of brands serving beginner and … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Crypto bulls are taking a breather, leaving bitcoin BTC in stasis near $103,000 ahead of the U.S. April inflation data, due at 8:30 a.m. With U.S.-China trade tensions easing, markets are, for now, optimistic about a softer-than-expected inflation print, potentially stirring up calls for Fed interest-rate … Read more
Brave Wallet, the crypto wallet integrated into the privacy-focused Brave web browser, will soon support the Cardano blockchain, allowing users to send, receive and swap ADA ADA and Cardano-native assets directly. The move comes as Brave deepens its multichain functionality beyond existing support for networks like Ethereum and Solana, according to a release from Input … Read more
Animoca Brands, a Web3 investment company, is planning a public listing in New York, seeking to capture the “unique moment” offered by the Trump administration’s approach to digital asset regulation, executive chairman Yat Siu told the Financial Times. An announcement on plans to list could be made soon, Yat Siu said in an interview, according … Read more
Donald Trump Jr. has denied viral rumors by crypto influencers that Truth Social — the conservative social media platform tied to former President Donald Trump — is launching a memecoin. Infamous influencer Ran Neuner pushed claims and a viral post on an upcoming Truth Social token, saying it was from the same team as the … Read more
Solana token issuance platform Pump.fun is rolling out a new revenue-sharing model that lets coin creators earn a cut of trading fees — a move aimed at rewiring developer incentives and supporting longer-term community building. Pump said late Monday that 50% of PumpSwap revenue will now be shared directly with creators, earning 5 basis points … Read more
Bitcoin’s (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain data by Glassnode. BTC’s price topped $100,000 last Thursday, lifting its market capitalization above $2 trillion for the first time since Jan. 31, according to data source TradingView. Since … Read more
A sharp pullback in crypto markets late Monday triggered over $500 million in long liquidations, erasing earlier gains as bitcoin (BTC) slipped from weekend highs and traders reacted to de-escalating U.S.-China trade tensions. Coinglass data shows more than $530 million worth of long positions were liquidated in the past 24 hours — with nearly $200 … Read more
How is crypto changing the face of finance? What’s next for stablecoins, tokenization, and Web 3 marketing? How will digital assets be regulated in the future? These are just some of the questions up for debate as Consensus 2025 kicks off in Toronto this Wednesday. Staged this year at the Metro Toronto Convention Center, crypto’s … Read more
Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index. The company would replace Discover Financial starting on May 19, according to an S&P press release. Discover Financial is being acquired by Capital One. The S&P 500 tracks … Read more
Education tech firm Classover Holdings (KIDZ) said in early May that it would sell $400 million worth of shares to buy solana. Its stock exploded higher. Shares of the thinly traded company, then with a market cap well shy of $50 million soared from $1.15 to more than $7 in just two sessions before settling … Read more
NEW YORK, NY — New York Mayor Eric Adams is making a pitch to crypto companies returning to the U.S. or expanding their presence in the country: set up shop in New York City. “This is the Empire State,” Adams said at a press briefing at Gracie Mansion on Monday. “We should be looking forward … Read more
In another addition to the old Wall Street maxim of “buy the rumor, sell the news,” bitcoin (BTC) has headed lower after the U.S. and China announced at least a temporary truce in their trade war. Bitcoin had been pumping higher since bottoming just under $75,000 in the days following President Trump’s early April Liberation … Read more
The last time ICON (ICX) was making headlines, it was at the height of the ICO bubble when it was competing with Tron and Filecoin to buy BitTorrent in a high-profile bidding war. ICON, once heralded as the “Korean Ethereum,” peaked early in 2018 but later struggled to retain relevance amid fierce competition and a … Read more
Anchorage Digital, a federally chartered crypto bank and custodian, said on Monday it has signed a definitive agreement to acquire stablecoin issuer Mountain Protocol as part of its strategy to deepen support for institutional stablecoin use. Anchorage said it plans to fold the Mountain’s technology, team and licensing structure into its own operations, pending closing … Read more
Leemon Baird first published his work on hashgraph consensus in 2016, positioning it as an alternative to traditional blockchain architectures. With a background in computer science and a career spanning both academia and industry, Baird co-founded Hedera to commercialize the technology. His academic trajectory is notable for his early work in neural networks and reinforcement … Read more
The crypto industry has been desperate for U.S. regulation as the last major piece in its global maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and the regulators are working on isn’t just for today’s digital assets space but for the core … Read more
Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank Deutsche Bank said in a research report Monday. Despite some resistance in the Senate last week, the bank said it still expects to see some progress on the stablecoin regulatory front this year. … Read more
After the successful deployment last week of Pectra, Ethereum’s biggest upgrade in more than a year, the network’s core developers are already shifting focus to the next major chain upgrade: Fusaka. Pectra, the biggest code change to Ethereum since the Merge in 2022, introduced key changes aimed at making staking easier for institutions, improving wallet … Read more
The bulls are back, and it’s not just for bitcoin BTC. Latest data reveals that at least six of the other top 10 tokens by market value, excluding stablecoins, are now trading above their 200-day simple moving averages (SMA). The 200-day SMA is widely seen by many, including Coinbase, as the barometer of long-term trends. … Read more
DeFi Development (DFDV), the Nasdaq-listed real estate tech firm formerly known as Janover, bought more of Solana’s SOL SOL, taking its total crypto holdings above $100 million, the company announced on Monday. The firm said it acquired 172,670 SOL at an average price of $136.81. The $23.6 million purchase is the largest since its crypto … Read more
The number of electricity thefts uncovered in Malaysia soared by 300% between 2018 and end-2024, mainly due to the rise of illegal crypto mining, The Star reported on Monday. The cases were detected in joint operations that included electricity utility Tenaga Nasional Berhad (TNB), the country’s largest, the Energy Commission and the police. “Joint operations … 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 3293.81, up 5.5% (+171.28) since 4 p.m. ET on Friday. All twenty assets are trading higher. Leaders: UNI (+12.7%) and ICP (+12.0%). Laggards: BTC (+0.8%) and BCH (+1.6%). The … Read more
Global economic uncertainties are reshaping cryptocurrency markets as BNB demonstrates exceptional strength amid escalating trade tensions. The token’s impressive performance comes as institutional investors appear to be accumulating positions, evidenced by trading volume nearly doubling to $1.08 billion. Meanwhile, the BNB Chain ecosystem continues expanding its utility through AI integration and reduced gas fees, positioning … Read more
KindlyMD Inc. (KDLY), an integrated healthcare services provider, has agreed to merge with Nakamoto Holdings, a bitcoin-native holding firm founded by David Bailey, to form a publicly traded BTC treasury vehicle, the company said in a press release Monday. The combined entity has secured a total of $710 million in financing, $510 million via PIPE, … Read more
American Bitcoin, Hut 8’s majority-owned unit backed by the Trump family, will go public via a merger with Gryphon Digital Mining (GRYP). Shares of Hut 8 Corp. (HUT) jumped 12% in pre-market trading, while Gryphon Digital Mining (GRYP) soared more than 200%, following the news. American Data Center, which was owned by Eric Trump and … Read more