A number of the firm's staff are likely to lose their jobs, according to a person familiar with the matter.
Bitcoin could climb to around $170,000 over the next 6–12 months based on its volatility-adjusted comparison to gold, according to JPMorgan.
The seed round was led by Castle Island Ventures, with participation from Inflection, Placeholder, Seed Club Ventures, and 1kx.
The integration, powered by Chainlink’s NAVLink oracle technology, represents another leap in bridging traditional finance and decentralized finance together.
The S&P Digital Markets 50 Index tracks a basket of blockchain-focused stocks and digital assets; Chainlink will provide crucial data to support a tokenized version.
"Most of the world still doesn't have crypto," said Animoca Brands' co-founder, adding that his company is planning to help change that through its public listing.
Zynk raised $5 million in a seed round led by Hivemind Capital, with participation from Coinbase Ventures, among others.
Liquid, a crypto perp DEX aggregator, has raised $7.6 million in seed funding from investors including Paradigm and General Catalyst.
Kraken will now allow traders to post crypto collateral in the European Union via its MiFID-regulated derivatives platform.
The strategic investment round was led by Yzi Labs and included participation from Gate.io, Crypto.com, and Animoca Brands.
The upgrade reduces costs and latency across Starknet while advancing the network's decentralization roadmap.
There is no real institutional dark pool in crypto, according to the builder of GoDark.
With both BTC.b and LBTC, Lombard is the only platform offering both yield and non-yield bitcoin assets, founder Jacob Phillips said.
Technical wallet hacks, including phishing and malware, are the second most common threat, making up 33.7% of incidents.
The company's move follows Uphold in March reinstating staking rewards for U.S. customers across 19 different digital assets.
With clearer regulation and growing institutional demand, Taurus is expanding its footprint to serve U.S. financial giants from New York.
It’s a big day for global markets and crypto holders as the U.S. Federal Reserve is set to announce its FOMC rate decision today at 2 PM ET, followed by Fed Chair Jerome Powell’s press conference at 2:30 PM ET. While a 25 bps rate cut is almost fully priced in with 99.9% odds, analysts …
Swiss software firm Avaloq, which serves numerous private banks and wealth managers, surveyed trends in high net worth (HNW) investing in the UAE.
Despite her social-media suggestions that President Donald Trump let the rapper out earlier from her Bitfinex hack sentence, an official said that's not the case.
Kraken, Proximity, Fabric Ventures, and G20 Group participated in the transaction alongside the NEAR Foundation.
The payments firm's platform, developed with AvaCloud, aims to help banks, corporates issue and settle stablecoins and tokenized assets.
The crypto lender also crossed $100 million in annual recurring revenue, the firm reported.
In a conversation with CoinDesk, Marinade Labs' Michael Repetny gives an overview of the Solana staking ecosystem and the upcoming Alpenglow upgrade.
Tether plans to launch its U.S.-compliant stablecoin USAT in December, aiming for mass reach in the creator economy, CEO Paolo Ardoino said in a CoinDesk interview.
President Donald Trump’s decision to pardon Binance founder Changpeng “CZ” Zhao has drawn strong reactions across the crypto industry. Zhao, who pleaded guilty in 2023 to enabling money laundering while leading Binance, served a four-month prison sentence before receiving a full pardon this week. A Divisive Political and Financial Moment The White House defended the …
As bitcoin miners allocate more resources to AI computing, the growth in bitcoin’s network hashrate is likely to slow, according to JPMorgan.
The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.
Kraken has also handed all its employees a special one-off bonus, according to the sources.
The server is built on the Model Context Protocol (MCP) — an emerging open standard that connects large language models to external data sources and APIs.
XDC said it's reviving the once-shuttered blockchain platform to help banks and businesses streamline trade financing from documentation to settlements.