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CoinDesk

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Standard Chartered (STAN) to acquire remainder of subsidiary Zodia Custody
· CoinDesk Staff

Standard Chartered (STAN) to acquire remainder of subsidiary Zodia Custody

The bank's non-binding offer to acquire Zodia Custody has been accepted by the firm's other shareholders and noteholders.

Bitcoin drops to two-week low after Trump warns Iran 'clock is ticking:' Crypto Markets Today
· CoinDesk Staff

Bitcoin drops to two-week low after Trump warns Iran 'clock is ticking:' Crypto Markets Today

BTC and ETH sank after Donald Trump warned Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.

FOMC minutes, Meta stablecoin Senate deadline: Crypto Week Ahead
· CoinDesk Staff

FOMC minutes, Meta stablecoin Senate deadline: Crypto Week Ahead

Your look at what's coming in the week starting May 18.

Crypto security is turning into an AI arms race, Elliptic CEO warns
· CoinDesk Staff

Crypto security is turning into an AI arms race, Elliptic CEO warns

AI agents and automated payments could reach a scale that crypto monitoring systems built for human-paced markets cannot handle, Elliptic CEO Simone Maini warned.

Aave restores ether borrowing limits after $230 million exploit
· CoinDesk Staff

Aave restores ether borrowing limits after $230 million exploit

The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.

Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy
· CoinDesk Staff

Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy

Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.

Iran may be turning the Strait of Hormuz into a bitcoin insurance market
· CoinDesk Staff

Iran may be turning the Strait of Hormuz into a bitcoin insurance market

State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

Ether and bitcoin hit hardest as crypto bulls lose $563 million in long liquidations
· CoinDesk Staff

Ether and bitcoin hit hardest as crypto bulls lose $563 million in long liquidations

Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.

SpaceX bitcoin treasury in focus as pre-IPO market launches at $1.78 trillion valuation
· CoinDesk Staff

SpaceX bitcoin treasury in focus as pre-IPO market launches at $1.78 trillion valuation

SpaceX bitcoin treasury in focus as pre-IPO market launches at $1.78 trillion valuation

Verus-Ethereum bridge loses $11 million as hackers keep targeting cross-chain infrastructure
· CoinDesk Staff

Verus-Ethereum bridge loses $11 million as hackers keep targeting cross-chain infrastructure

The latest attack adds to growing string of cross-chain infrastructure exploits.

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets
· CoinDesk Staff

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

The Clarity Act took a step forward: State of Crypto
· CoinDesk Staff

The Clarity Act took a step forward: State of Crypto

Unpacking Thursday's at-times contentious markup hearing.

Bitcoin DeFi's new front: VerifiedX bets BTC's next chapter is programmable and private
· CoinDesk Staff

Bitcoin DeFi's new front: VerifiedX bets BTC's next chapter is programmable and private

VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving bitcoin transactions without synthetic wrappers, targeting growing institutional demand for native Bitcoin DeFi.

Japan's SBI Securities, Rakuten Securities to offer crypto investment trusts, ETFs
· CoinDesk Staff

Japan's SBI Securities, Rakuten Securities to offer crypto investment trusts, ETFs

Another 11 companies responded to a survey saying they would consider offering crypto funds once the regulatory environment becomes clear.

CME dives further into $85 trillion digital assets market with Nasdaq CME Crypto Index futures
· CoinDesk Staff

CME dives further into $85 trillion digital assets market with Nasdaq CME Crypto Index futures

A CME group executive said the demand grew with average daily trading volume in his firms’ suite increasing by 43% year-to date.

U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act
· CoinDesk Staff

U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act

In the hearing to advance the market structure bill to its next stage, lawmakers from both parties granted lengthy talks hadn't yet found needed common ground.

Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets
· CoinDesk Staff

Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets

This sees a total of over $3 billion in TVL migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

LIVEBLOG: Senate Banking Committee holds key hearing on market structure bill
· CoinDesk Staff

LIVEBLOG: Senate Banking Committee holds key hearing on market structure bill

The Senate Banking Committee will debate amendments before ultimately voting on the market structure legislation on Thursday.

Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze
· CoinDesk Staff

Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze

Spot ETF outflows and a hawkish Federal Reserve are creating a "macro ceiling" that makes a new all-time high unlikely without a major geopolitical shift.

Turnkey raises $12.5 million in round backed by Circle Ventures and Sequoia Capital
· CoinDesk Staff

Turnkey raises $12.5 million in round backed by Circle Ventures and Sequoia Capital

The new capital will primarily fund the development and public launch of Turnkey Verifiable Cloud, a secure computing product for digital assets.

Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets
· CoinDesk Staff

Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets

The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.

BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility
· CoinDesk Staff

BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.

XRP edges higher while bitcoin, ether and dogecoin slip, keeping focus on $1.49 breakout zone
· CoinDesk Staff

XRP edges higher while bitcoin, ether and dogecoin slip, keeping focus on $1.49 breakout zone

XRP outperformed major tokens during a volatile session, with a late volume burst pushing price back toward resistance that has capped rallies for weeks.