IREN closes $3 billion convertible notes deal amid AI infrastructure expansion
Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.
Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.
Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
The cross-chain liquidity protocol paused all trading and signing on Friday after an attacker drained roughly $10.8 million across Bitcoin, Ethereum, BSC, and Base.
The cross-chain liquidity protocol paused all trading and signing on Friday after an attacker drained roughly $10.8 million across Bitcoin, Ethereum, BSC, and Base.
Hyperliquid leads 24-hour gains as altcoins pace bitcoin
HYPE’s surge is being fueled by Bitwise’s new spot Hyperliquid ETF and Coinbase’s expanded role as Hyperliquid’s official USDC treasury deployer.
HYPE’s surge is being fueled by Bitwise’s new spot Hyperliquid ETF and Coinbase’s expanded role as Hyperliquid’s official USDC treasury deployer.
Wall Street is starting to notice one of crypto’s smartest AI bets
A growing spotlight on Nof1’s Alpha Arena suggests SUI Group and Karatage may have gotten early to one of the most important experiments in finance: teaching AI how to trade in real markets.
A growing spotlight on Nof1’s Alpha Arena suggests SUI Group and Karatage may have gotten early to one of the most important experiments in finance: teaching AI how to trade in real markets.
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OKX, Korea Investment and Securities said to be in talks for 40% of Coinone
OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.
OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.
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Winklevoss’ Gemini jumps 25% on $100 million bitcoin infusion despite deepening losses
Gemini's revenue improved 42% year-over-year to $50.3 million, helping narrow its net loss by 27% from $149.3 million a year earlier.
Gemini's revenue improved 42% year-over-year to $50.3 million, helping narrow its net loss by 27% from $149.3 million a year earlier.
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Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.
XRP gives back gains after Senate crypto bill sparks 5% rally
XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.
XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.
CoinDesk 20 performance update: BNB is only gainer as index drops 2%
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
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Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.
Bitcoin tumbles below $79,000 as rising bond yields, inflation worries rattle markets
Stocks, gold and crypto slide while crude oil tops $100 and traders rapidly reprice Fed expectations for rate hikes.
Stocks, gold and crypto slide while crude oil tops $100 and traders rapidly reprice Fed expectations for rate hikes.
Iran war shows markets no longer sleep
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks
CME Group and ICE have reportedly warned the CFTC and Capitol Hill officials that Hyperliquid’s decentralized perpetual futures platform could enable market manipulation and sanctions evasion.
CME Group and ICE have reportedly warned the CFTC and Capitol Hill officials that Hyperliquid’s decentralized perpetual futures platform could enable market manipulation and sanctions evasion.
Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge
The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.
The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.
Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.
The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.
SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut
Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.
Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.
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U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.