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CoinDesk

CoinDesk is a crypto news publisher. This page aggregates all articles ingested into COINOTAG. Visit the original source via the link below.

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Ether (ETH) price dips, altcoins struggle as crypto traders await a bitcoin (BTC) move
· CoinDesk Staff

Ether (ETH) price dips, altcoins struggle as crypto traders await a bitcoin (BTC) move

Bitcoin held near $76,800 Tuesday as altcoins weakened, WLFI slid and traders watched whether BTC can cling on to Tom Lee's line in the sand.

Echo Protocol suffers $76 million exploit in eBTC minting attack on Monad
· CoinDesk Staff

Echo Protocol suffers $76 million exploit in eBTC minting attack on Monad

The Bitcoin-focused DeFi protocol suffered an attack whereby about 1,000 unauthorized eBTC $77 million were minted on the Monad blockchain

A DeFi exchange just became the first to offer equity perpetuals powered by Nasdaq data
· CoinDesk Staff

A DeFi exchange just became the first to offer equity perpetuals powered by Nasdaq data

The partnership underscores both the rapid growth of equity perpetuals in onchain markets and Nasdaq’s broader strategy to support tokenized equity trading infrastructure.

XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion
· CoinDesk Staff

XRP and Solana funds attract inflows as bitcoin outflows hit nearly $1 billion

CoinShares data shows investors are rotating into listed products based on XRP and SOL while BTC and ETH products posted heavy weekly outflows.

Bitcoin has shed $5,000 within days. What next?
· CoinDesk Staff

Bitcoin has shed $5,000 within days. What next?

Bitcoin has fallen about 6% from $82,000 to $76,800, but underlying data point to more than routine pullback.

WLFI treasury company AI Financial warns in SEC filing that it may not survive the year
· CoinDesk Staff

WLFI treasury company AI Financial warns in SEC filing that it may not survive the year

The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.

SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg
· CoinDesk Staff

SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.

Minnesotan banks and credit unions set to provide crypto custody August 1
· CoinDesk Staff

Minnesotan banks and credit unions set to provide crypto custody August 1

Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
· CoinDesk Staff

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.

Revolut wants to take Dogecoin (DOGE) mainstream with its new physical payment card
· CoinDesk Staff

Revolut wants to take Dogecoin (DOGE) mainstream with its new physical payment card

The European fintech giant is launching a physical debit card that lets users spend the popular meme coin anywhere Visa and Mastercard are accepted with zero extra exchange fees.

Solana is shedding its memecoin reputation as big banks move billions into its ecosystem
· CoinDesk Staff

Solana is shedding its memecoin reputation as big banks move billions into its ecosystem

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.

The Ethereum Foundation is facing a wave of high-profile departures as its internal shakeup deepens
· CoinDesk Staff

The Ethereum Foundation is facing a wave of high-profile departures as its internal shakeup deepens

The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum.

Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push
· CoinDesk Staff

Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March.

Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to expand beyond payments
· CoinDesk Staff

Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to expand beyond payments

The move brings onchain yield and lending to the payments-focused chain in a bid to offer full-stack onchain finance platform to companies building on it.

HIVE buys $58 million Toronto plot for AI facility; shares climb
· CoinDesk Staff

HIVE buys $58 million Toronto plot for AI facility; shares climb

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

Ex-OpenAI whistleblower bets big on crypto miners for his $13.6B AI play
· CoinDesk Staff

Ex-OpenAI whistleblower bets big on crypto miners for his $13.6B AI play

Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.

Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
· CoinDesk Staff

Live markets: Bitcoin gives up all of May's gains, slipping below $77,000

Strategy made a mammoth $2 billion bitcoin purchase last week, but it's not lifting crypto spirits or prices.

Ethereum (ETH) news: Vitalik Buterin says AI verification could actually make crypto much more secure
· CoinDesk Staff

Ethereum (ETH) news: Vitalik Buterin says AI verification could actually make crypto much more secure

The Ethereum co-founder argued that AI-assisted "formal verification" could become one of the most important tools for cybersecurity in a new blog post.

Kraken parent Payward's Q1 revenue rises 3% as crypto trading slows
· CoinDesk Staff

Kraken parent Payward's Q1 revenue rises 3% as crypto trading slows

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Ripple-linked XRP slips 2% as profit-taking knocks token back below $1.40
· CoinDesk Staff

Ripple-linked XRP slips 2% as profit-taking knocks token back below $1.40

XRP gave back gains after a high-volume selloff erased the latest breakout attempt, though buyers stepped back in near support around $1.38.

Bitcoin more exposed to quantum risks than Ethereum, Citi says
· CoinDesk Staff

Bitcoin more exposed to quantum risks than Ethereum, Citi says

The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.

Ethereum news: Bitmine (BMNR) buys the dip as Tom Lee ties ether's pullback to rising oil prices
· CoinDesk Staff

Ethereum news: Bitmine (BMNR) buys the dip as Tom Lee ties ether's pullback to rising oil prices

The Ethereum treasury firm bought over 71,000 ETH last week, a sharp increase from the previous week's purchases.

Strategy (MSTR) news: Company purchased more than $2 billion of BTC last week
· CoinDesk Staff

Strategy (MSTR) news: Company purchased more than $2 billion of BTC last week

Michael Saylor said the average purchase price of this latest addition to Strategy's treasure was just under $81,000 per BTC. The company now holds 843,738 bitcoin worth almost $64 billion.

Wall Street's tokenization push could send trillions of dollars into DeFi, StanChart says
· CoinDesk Staff

Wall Street's tokenization push could send trillions of dollars into DeFi, StanChart says

The bank projects $4 trillion of tokenized assets by 2028, boosting demand for blockchain-native lending and trading infrastructure.