CoinDesk headlines
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Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss.
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Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.
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Crypto's Washington playbook is working. Don't abandon it now.
Regardless of how the midterm elections unfold or which party secures the presidency in 2028, our industry must adhere to its established playbook, writes Solana Policy Institute’s Colin McLaren.
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Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.
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Tokenization firm tZERO plans to go public in $350 million SPAC deal
The digital securities firm plans to list on NYSE American under TZRO early next year after more than a decade building blockchain-based trading infrastructure.
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XRP Ledger set to fix flaw that could let stablecoin partners print new tokens
The fix is on track for Wednesday after validator support briefly dipped and restarted the two-week activation clock. XRP itself is unaffected.
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Bitcoin's 'volatility curve' has a midterm bump
Your day-ahead look for Nov. 2, 2026
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No proof of AI in North Korean hackers move of stolen Binance funds
Elliptic tracked thousands of transfers, failed swaps and repeated transactions that suggest the hackers relied on scripts rather than AI agents.
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Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs lost $643 million.
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Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany
The company is starting with $366,000 worth of copper stored in Germany, hoping to build a market for investors to own and trade physical metal onchain.
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Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead
Your look at what’s coming in the week starting Nov. 2.
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Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings
The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.
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China’s Communist Party calls for a crackdown on corruption that uses crypto and blockchain
China's Communist Party has named virtual currency and blockchain in a new anti-corruption call.
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Why stealing billions from a crypto exchange can be harder to stop than a bank theft
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.
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Bitcoin ETFs lost $643 million in outflows Friday, and 2026 is barely green now
The first trading day after the Binance hack saw the biggest ETF outflow since June 25.
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Strangers are begging the Binance hacker for bitcoin, one ‘help me bro’ at a time
The 19 wallets holding 18,270 stolen BTC have taken in nothing since Thursday except payments worth under a dollar, each carrying a message, from pleas to laundering pitches to a token shill.
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Bitcoin claws back toward $79,000 as markets shake off crypto's biggest hack
ZEC led the majors and oil slid on a report that Trump wants to give Iran diplomacy more time, with U.S. midterm elections on Tuesday.
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BTCPay, a bitcoin payment tool, tells users to switch off their servers after reports of drained wallets
The open-source project says it is still investigating and hasn't given a loss figure or announced a fix. Its founder said the reports appear to involve versions older than 2.4.2.
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The crypto reader's guide to the 2026 midterm election: State of Crypto
America is going to the polls, and the results will shape crypto legislation and regulation over the next two years. Here's what to know.
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AI agents bypassed crypto spending limits without human approval, researchers find in a new test
The researchers say any approval an agent can reach is unreliable, and they built Countersign, an app tying approval to a physical action the agent can’t fake.
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The key races to watch for the 2026 election
While crypto isn't a major issue in the 2026 election, the industry will be shaped by who takes office in January. Here are the main races CoinDesk is tracking.
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Crypto card startups are racking up losses just to buy your loyalty with big rewards
Providers are betting trading, lending and staking revenue can cover rewards and turn card users into profitable customers.
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Crypto PACs made big Republican push in final weeks before November 3 election
Even as polling and online wagers put Democrats at a high chance to claim greater power in Congress, the industry's high-profile support has gone the other direction.
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Sherrod Brown's Ohio edge threatens a rough go for crypto next year
The industry's $63 million question revolves around whether its political adversary in Ohio rides the Trump backlash back into the Senate.
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Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase.
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FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this number to continue growing.
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Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect part of their surplus by keeping it in bitcoin, argues Onramp CEO Michael Tanguma.
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A stolen iPhone, $14,000 in losses and London's crypto theft problem
Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his laptop.
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Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out.
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Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.