The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force will host four more roundtable discussions with the industry this spring, on topics ranging from tokenization to decentralized finance (DeFi). The Crypto Task Force’s first roundtable discussion — the kick-off to what Commissioner Hester Peirce, the task force’s leader, has dubbed the SEC’s “Spring Sprint Toward … Read more
The market value of tokenized U.S. Treasuries this week surpassed the $5 billion for the first time, rwa.xyz data shows, as demand for blockchain-based real-world assets (RWAs) accelerates. The asset class grew by $1 billion through just two weeks, led by inflows into asset management giant BlackRock’s and digital asset firm Securitize’s market leading BUIDL. … Read more
GameStop (GME) has added its name to the quickly-growing roster of publicly-traded companies adopting a bitcoin treasury strategy. Alongside its fourth quarter earnings report, the company said its board unanimously approved adding bitcoin as a treasury reserve asset. CEO Ryan Cohen in early February got tongues wagging when he posted a picture of himself and … Read more
The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seems to finally be near an end, with Ripple emerging victorious. The SEC will return the lion’s share of the $125 million-court ordered fine paid by Ripple last year, according to a Tuesday X post from Ripple’s chief legal officer … Read more
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable and will not file enforcement charges, according to a Tuesday announcement from the company. Immutable, an Australian company, disclosed that it had received a Wells notice — essentially an official heads-up from the SEC that it intends to file … Read more
Chronicle, a blockchain data provider focused on tokenized assets, announced on Tuesday that it has raised $12 million in a seed funding round. The investment was led by Strobe Ventures, formerly known as BlockTower Capital. Other backers include Galaxy Vision Hill, Brevan Howard Digital, Tioga Capital and Fenbushi Capital, alongside notable crypto angel investors such … Read more
Earlier this year, Calamos made its crypto debut with the launch of not one but three funds designed to protect investors from the volatility in bitcoin’s (BTC) price. But the global investment management firm, which handles $41.3 billion in assets, is far from launching any other products beyond bitcoin, — even Ethereum (ETH), said its … Read more
Fidelity Investments is looking to create an exchange-traded fund (ETF) tracking the price of Solana (SOL), a filing with the Securities and Exchange Commission on Tuesday shows. Cboe Exchange uploaded a 19b-4 filing to list a Solana ETF proposed by the $5 trillion Wall Street veteran. This comes after the firm registered a Fidelity Solana … Read more
Decentralized lending platform Abracadabra.Finance suffered an attack that drained $13 million worth of cryptocurrency from pools tied to GMX liquidity tokens. Blockchain security firm PeckShield flagged that contracts involving decentralized exchange GMX and Abracadabra were compromised, leading to the theft of 6,260 ETH, worth around $12.98 million at the time of writing. The exploit focused … Read more
Meme coin incubator CoreSky has raised $15 million in Series A funding, to accelerate the development of its platform. The funding, which brings the company’s total backing to $21 million, was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures. CoreSky’s platform enables user voting to gauge public … Read more
It’s the year 2045. Digital assets move at the speed of light. AI agents interact millions of times a second, using bitcoin as a base currency. Bitcoin is now a $200 trillion asset class, a settlement layer for the AI Age of the Internet. This is the future imagined by bitcoin evangelist Michael Saylor, the … 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 2780.73, down 0.9% (-23.96) since 4 p.m. ET on Monday. Nine of 20 assets are trading higher. Leaders: AVAX (+4.1%) and ADA (+2.3%). Laggards: BCH (-1.9%) and AAVE (-1.9%). … Read more
CME Group, a major marketplace in derivatives trading for institutions, said it is exploring tokenization as a way to improve capital market efficiency with U.S. tech giant Google Cloud’s distributed ledger technology. The two companies plan to start direct tests with market participants later this year and are aiming to launch new services in 2026, … Read more
The decentralized finance (DeFi) sector is among the biggest drivers of value accrual and revenue creation for crypto projects, but its complexity often leaves users tangled in a web of blockchains, bridges, wallets and tokens. However, a technical update by Hyperliquid is making that process easier for both developers and users, with the direct linking … Read more
For years, crypto’s positioned itself as the next great technological revolution. But as we witness the explosive rise of AI, it’s time for crypto to face the truth: the true technological revolution of our era is artificial intelligence, and crypto will play a supporting role rather than be the star. This isn’t about diminishing the … Read more
BlackRock’s tokenized money market fund, BUIDL, has become available on Solana, Securitize announced, marking another step in the asset manager’s push into blockchain-based finance. The expansion makes BUIDL available on seven blockchains, including Ethereum, Polygon, Aptos, Arbitrum and Optimism. Only 62 wallets currently hold BUIDL on-chain, however, according to rwa.zyz data. The fund, officially the … Read more
Bitcoin (BTC) options worth billions of dollars will expire on Deribit on Friday. The impending settlement, though big, may not yield significant market volatility, the exchange told CoinDesk. More than 139,000 BTC option contracts, worth $12.13 billion, representing nearly 45% of the total active BTC contracts across all expiries, are due for settlement this Friday, … Read more
World Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family, confirmed on Tuesday its plans to launch a U.S. dollar-backed stablecoin. USD1 is anchored to $1 and will be fully backed by short-term U.S. governemnt securities, U.S. dollar deposits, and other cash equivalents. The reserves will be custodied … Read more
KULR (KULR) a leader in advanced energy management has acquired an additional $5 million worth of bitcoin (BTC), bringing its total bitcoin treasury holdings to $65 million, the company announced on Tuesday. The latest purchase was made at an average price of $88,824 per bitcoin, increasing the company’s total holdings to 668.3 BTC. This move … Read more
Stocks and crypto trading platform eToro filed to sell shares to the public for the first time on the Nasdaq, marking a renewed push for a listing after a previous attempt stalled in 2021. In a prospectus for the initial public offering (IPO), the Bnei Brak, Israel-based company said revenue more than tripled to $12.6 … Read more
Custodia Bank and Vantage Bank have completed the tokenization of U.S. dollar demand deposits on the Ethereum mainnet. The banks issued and redeemed Custodia’s Avit stablecoins on the Ethereum mainnet, marking a major milestone in blockchain-based banking innovation. They conducted a series of eight regulated test transactions, involving minting, transferring, and redeeming Avit tokens under … Read more
“You’re not bullish enough!” an XRP enthusiast exclaimed on X last week after Ripple, which utilizes the token for cross-border transactions, announced that the U.S. Securities and Exchange Commission has dropped its case against them. Many others share this excitement, and understandably so, as the conclusion of this long-standing legal battle has lifted a weight … Read more
By James Van Straten (All times ET unless indicated otherwise) Risk-assets have a spring in their step. Bitcoin (BTC) is trading above $87,000 and the S&P 500 reclaimed its 200-day moving average for the first time since March 10. However, volatility is expected to rise ahead of Friday’s quarterly options expiry, with over $12 billion … Read more
Binance, the largest crypto exchange by trading volume, said it “offboarded” a market maker for Movement’s MOVE token with an association to another market maker that had been removed from the platform due to “misconduct.” Market makers are middlemen who are responsible for creating liquidity so trades can take place smoothly without big delays or … Read more
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the U.S. company that’s made buying bitcoin (BTC) a key corporate policy, recently expanded its financial toolkit with the introduction of a second Series A perpetual preferred stock, adding to its growing line of capital market instruments. The company is selling … Read more
BlackRock (BLK), the global asset manager behind the largest U.S. spot bitcoin (BTC) exchange-traded fund (ETF), is set to list a bitcoin exchange-traded product (ETP) in Europe, its first crypto ETP outside North America. The iShares Bitcoin ETP will trade on Xetra and Euronext in Paris under the ticker IB1T and on Euronext Amsterdam as … Read more
The Dogecoin Foundation’s corporate arm, House of Doge, has purchased over 10 million dogecoin (DOGE), worth just over $1.8 million, as part of a broader DOGE reserve strategy. House of Doge is the Foundation’s corporate and commercialization unit, which was formed in February with a five-year deal in place. It hopes to position DOGE as … Read more
Private computation and storage network Nillion, dubbed the “blind computer,” debuted its mainnet and native token NIL on Monday. However, the token’s market capitalization has dropped 12% in the first 24 hours alongside continued listing by major exchanges, including South Korea’s Bithumb and optimism in the analyst community about the project’s long-term prospects. NIL debuted … Read more
Dogecoin (DOGE) jumped 7% as majors staged a relief rally on Tuesday driven by talks of the upcoming U.S. tariffs, due on April 2, being more measured than initially expected. As per reports, President Donald Trump’s planned “reciprocal tariffs” set for April 2 may be more targeted than previously threatened, with some countries exempt and … Read more
Circle plans to launch USDC in Japan on March 26 through a partnership with local heavyweight SBI Holdings, marking a significant milestone for both the global stablecoin market and Japan’s blockchain ecosystem. “Japan has long been at the forefront of the adoption of Web3 and blockchain technology, and Japan’s regulatory leadership has similarly been out … Read more