CoinDesk News
14.7K subscribers
23.2K photos
70 videos
23.8K links
Real-time feed for the most trusted name in crypto news.

Official channel for CoinDesk content.

Read more: https://www.coindesk.com/
Download Telegram
Algorand names former Chainlink executive William Herkelrath as CEO

The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantum-resistant security.
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut

LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before trading began.
🤡4🤣3
Kalshi election data goes live on DoubleZero ahead of U.S. midterms

The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.
PayPal expands stablecoin rails with custom token issuance platform

The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay.
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro

Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.
Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push

The threat is not here yet, but fault-tolerant machines and crypto’s migration plans are starting to converge on the same 2029 window.
Tether pushes into private credit with $400 million fund with Fasanara

The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee

Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.
1
Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens

Teven told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.
🤡1
Crypto wins regardless of Clarity Act vote, Coinbase's Armstrong says

Coinbase CEO tells CNBC the crypto industry gets regulatory clarity whether or not the Senate passes the bill on Sept. 15.
💯1
Dogecoin sinks 5% to lead majors losses, with bitcoin holding $78,000 level

Dogecoin led the losses, BNB fell about 4% and XRP 3%, with oil pushing Treasury yields to their highest since late 2023.
🤣2
Hunter Biden’s LAPTOP blames bots after 98% crash as traders rack up six-figure losses

The team said thin liquidity and automated traders distorted the launch, while Nansen data showed some early buyers sitting on six-figure losses after the memecoin’s debut.
🤡3🤣2
SGX's bitcoin and ether perpetual futures are now open to U.S. institutions

The Singapore Exchange says U.S. institutions can not trade its bitcoin and ether perpetual futures, a milestone that bridges U.S. trading desks with Asian liquidity.
Live updates: Bitcoin ETFs post a second straight outflow while every other fund turns green

The bitcoin funds shed $120 million on Wednesday, more than double Tuesday's loss. Ether, XRP and solana all took money in.
2
Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain

Arya.ag is using Avalanche technology to tokenize grain deposits to help lenders verify crops backing agricultural loans.
Bitcoin trades near $78,000 as memecoins, small caps lead a broad crypto retreat

Bitcoin fell 2% over 24 hours to $78,111 as 95 of the 100 CoinDesk 100 constituents declined, with most of the damage done overnight.
Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation

The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users.
Crypto exchange giant Bybit to offer European ‘super-app’ with stocks, derivatives

Bybit has an electronic money institution license in Austria and is about to snag a MiFID license too, CEO Ben Zhou told Coindesk.
Treasury yields continue to rise even as Bessent doubles down on bond buybacks

Long-term yields moved higher despite a $6 billion Treasury buyback, as debt concerns and rising oil prices continue to pressure global bond markets.
🤡1
BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.