CoinDesk headlines
-
The restaking gold rush is over, and top protocols are barely making a profit
As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.
-
Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
Democrats on the Senate's Permanent Subcommittee on Intelligence published a report alleging that USDT had become a key tool for the Iranian government.
-
AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns
AI agents could trigger a bank run by automatically moving household cash from low-interest checking accounts to higher-yield alternatives, Slok warns.
-
Chainlink updates its crypto bridge tech months after a $292 million hack at a rival exposed risks
The new software lets companies add custom security checks so they do not fall victim to the same single-point-of-failure vulnerabilities that plagued rival bridges.
-
THORChain rejects Bitget request to block hacker as $6 million moves to bitcoin
CoinDesk found 27 successful swaps moving about 2,390 ETH into 75.2 BTC, even as Bitget urged THORChain to stop serving addresses tied to the $387.5 million theft.
-
Traders aren't panicking yet despite cooling crypto sentiment
Your day-ahead look for Sept. 28, 2026
-
Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
Franklin Templeton’s tokenized money market shares can be used as collateral for USDT or USDC trading credit lines on Bybit while earning yield on the underlying assets.
-
Bitcoin falls to $83,000 while altcoins unwind Friday's rally
Bitcoin fell 1.7% to $83,000, though the CoinDesk 100 dropped 2.6% as Friday's biggest gainers reversed and oil climbed back above $100.
-
Live updates: Bitcoin sinks below $83,000 as Iran talks stall and oil climbs
ZEC led losses among major tokens as Brent pushed toward $108 and traders added to bets on another Fed rate increase ahead of this week's inflation and jobs data.
-
Bitcoin rally takes a breather ahead of key U.S. employment data: Crypto Week Ahead
Your look at what's coming in the week starting Sept. 28.
-
Bitcoin bears pay to bet on further declines as futures positions near yearly lows
Overall demand for leveraged exposure remains weak, marked by sliding futures open interest. The capital that's still in the market appears skewed toward bearish positions.
-
RedotPay completes financial audit as it presses ahead with U.S. IPO plans
The stablecoin payments company said the audit is part of its preparations to go public, disputing an August report that the listing had been put on hold.
-
California's Newsom signs memecoin ban and calls it 'The Opposite of Trump'
The California Governor signed AB 2409 as part of an anti-corruption package, framing it as a response to President Trump's $TRUMP fiasco.
-
Solana ETFs draw record $188 million in a week as Bitwise takes two-thirds of inflows
All seven funds attracted money, while Friday’s $87 million intake set a daily record.
-
Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes
Trump on Sunday didn’t rule out additional strikes on Iran before the midterm elections, even as he said the war could end soon.
-
Vitalik Buterin maps Ethereum’s shift beyond a blockchain in sweeping 2030 vision
Buterin wants Ethereum to do far more work without forcing every computer on the network to repeat the same calculations.
-
How months of work on the Clarity Act all fell apart
Interviews with industry participants and legislative aides paint a picture of a blown bill-writing process, with sources pointing to nearly every facet of the bill's development and the debate around it as contributing factors to this month's failed vote.
-
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.
-
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.
-
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts.
-
Solana’s 150-millisecond settlement upgrade reaches second public test network
Alpenglow is running on both public test networks, giving application teams a place to check their software before the live blockchain switches.
-
XRP Ledger’s Batch upgrade slips to Oct. 9 after validator support resets
The feature would let users bundle up to eight transactions, including asset-and-payment transfers, but a brief drop below the network’s 80% support threshold restarted its two-week activation clock.
-
Bitcoin could soon get Zcash-style 'shielded' privacy without changing its rules
Researchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.
-
Bitcoin could soon get Zcash-style 'shielded' privacy without changing its rules
Researchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.
-
U.S. SEC's steadiest crypto advocate, Hester Peirce, to depart next week
The long-anticipated exit of the commissioner sometimes known as Crypto Mom is Oct. 2, announced as the agency was sending out its latest crypto work.
-
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
A Sixth Circuit Court of Appeals panel ruled that prediction markets' sports-related events contracts are not swaps, and therefore aren't subject to federal regulatory oversight.
-
Blockchain Association sees leadership shift shortly after crypto Clarity Act fizzles
The trade group will be run again by its original CEO, Kristin Smith, when Summer Mersinger leaves at the end of a long congressional tussle.
-
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.
-
Tokenization is moving faster than Washington
Regulatory clarity is not simply a legal or political issue, argues former New York Governor Andrew Cuomo. It is an economic one.
-
Tether confirms minimal EQIBank exposure following $89M US asset seizure
While Tether's stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks.