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CoinDesk

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Solana’s 150-millisecond settlement upgrade reaches second public test network
· CoinDesk Staff

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.

Ripple news: XRP Ledger upgrade delayed 10 days after validators reset activation clock
· CoinDesk Staff

Ripple news: XRP Ledger upgrade delayed 10 days after validators reset activation clock

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.

Inside the 'Shielded Bitcoin' paper that proposes private BTC payments using Zcash tech
· CoinDesk Staff

Inside the 'Shielded Bitcoin' paper that proposes private BTC payments using Zcash tech

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
· CoinDesk Staff

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
· CoinDesk Staff

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
· CoinDesk Staff

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
· CoinDesk Staff

Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist

The stablecoin issuers 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
· CoinDesk Staff

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 downplays impact of US seizure at banking partner EQIBank
· CoinDesk Staff

Tether downplays impact of US seizure at banking partner EQIBank

Federal prosecutors allege payment processor Capstone misrepresented its business to U.S. banks while handling wire transfers for EQIBank and Tether.

Strategy (MSTR) turns to daily dividends in push to restore STRC to $100
· CoinDesk Staff

Strategy (MSTR) turns to daily dividends in push to restore STRC to $100

STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.

Bond traders brace for turbulence while bitcoin and stocks remain calm
· CoinDesk Staff

Bond traders brace for turbulence while bitcoin and stocks remain calm

Bond volatility is at its highest since March, while the bitcoin VIX, BVIV and Wall Street's VIX remain near its yearly low.

Crypto shrugs off Bitget's $351.6 million hack as altcoins rally: Crypto Markets Today
· CoinDesk Staff

Crypto shrugs off Bitget's $351.6 million hack as altcoins rally: Crypto Markets Today

Quant jumped 39% over 24 hours and 93 of 100 CoinDesk 100 constituents rose, with the altcoin season index at its highest in more than three months.

Bitcoin ETFs have erased a $5.8 billion hole
· CoinDesk Staff

Bitcoin ETFs have erased a $5.8 billion hole

At one point in July, ETFs were down $5.8 billion in net outflows for the year. Now, that’s turned into $800 million in net inflows.

KelpDAO sues LayerZero and CEO over $292M rsETH bridge exploit
· CoinDesk Staff

KelpDAO sues LayerZero and CEO over $292M rsETH bridge exploit

Liquid restaking protocol KelpDAO filed a civil lawsuit against LayerZero and CEO Bryan Pellegrino, blaming the cross-chain protocol's infrastructure for a $292 million exploit.

Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses
· CoinDesk Staff

Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses

Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.

Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
· CoinDesk Staff

Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
· CoinDesk Staff

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs.

Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'
· CoinDesk Staff

Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'

Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.

Tokenization firm Ondo Finance was shopped to buyers after founder’s death
· CoinDesk Staff

Tokenization firm Ondo Finance was shopped to buyers after founder’s death

The tokenization company was pitched to prospective buyers after founder Nathan Allman’s death, according to sources. But a legal fight over its control has likely stalled any sale, one source says.

Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks
· CoinDesk Staff

Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks

The group aims to link onchain shares to official shareholder records following the U.S. SEC's innovation exemption for tokenized stock trading.

U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC
· CoinDesk Staff

U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC

The U.S derivatives regulator is grinding away at further guidance that welcomes tokenization and blockchain recordkeeping as regular industry elements.

The stock token debate, and the gap nobody can close alone
· CoinDesk Staff

The stock token debate, and the gap nobody can close alone

The argument over Robinhood’s AMC token has been about which tokenization model is legitimate, and the SEC has drawn a line. The question to ask now is what has to be true for any of it to be a market, argues Bullish’s Tram Doman.

Macro headwinds push Bitcoin to $82.9K despite historical 365-day breakout pattern
· CoinDesk Staff

Macro headwinds push Bitcoin to $82.9K despite historical 365-day breakout pattern

Historical data shows bitcoin posted long-term gains after regaining its 365-day trendline following extended slumps, though analysts caution the pattern is not foolproof.