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CoinDesk

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25 current headlines from CoinDesk.

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.

15m ago

Robinhood CEO Vlad Tenev fires back at AMC's Aron in escalating fight over stock tokens

Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.

13h ago

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.

13h ago

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.

13h ago

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.

13h ago

Consensys to split MetaMask into its own firm while staying silent on IPO

The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.

13h ago

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.…

14h ago

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.

15h ago

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.

15h ago

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.

15h ago

KYC data is an irresistible honeypot for hackers, and we must change how it is collected

Privacy-preserving identity verification systems could allow individuals to prove only what a service needs to know while keeping the underlying information under their control, writes Coin Center’s L…

16h ago

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.

16h ago

Germany moves to tax bitcoin like stocks as new draft bill targets tax-free gains

Existing holdings would keep the current tax treatment, which can allow tax-free sales after a 12-month holding period.

17h ago

Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues

The motion for a preliminary injunction comes a few weeks after the Crypto Council for Innovation and Blockchain Association sued to block the law.

17h ago

U.S. Bank takes next step towards launching its stablecoin with cross-border payment test

The fifth-largest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live transaction.

17h ago

OpenAI says 10,000 AI agents solved a $1 million math problem. Now mathematicians are fighting

An internal model more powerful than GPT-6 Astra produced a proposed solution to one of mathematics’ seven Millennium Prize Problems, though questions are emerging over how independently it got there.

17h ago

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.

18h ago

Iran eases currency controls to let traders bring earnings home in crypto: FT

Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.

19h ago

Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case

Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions.

19h ago

India’s financial intelligence unit flags 15 crypto platforms for AML lapses

The Financial Intelligence Unit-India (FIU-IND) issued non-compliance notices to what it calls virtual digital asset service providers.

21h ago

Live updates: Bitcoin slips as yields head higher following Treasury buyback announcement

The Japanese yen extended its rally against the greenback, briefly strengthening past 153 per dollar.

22h ago

AI could kill us, Anthropic researcher says after resigning

The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation.

23h ago

Hunter Biden defends LAPTOP ahead of Wednesday launch, calls TRUMP a ‘grift’

Biden says the token is about “resilience, redemption and recovery” and will give coins to nearly one million wallets that lost money on TRUMP.

23h ago

Moonshot’s Kimi rattled markets. U.S. agencies now say it was trained on American models

Moonshot, whose Kimi model rattled markets earlier this year, is among six Chinese AI firms accused of systematically extracting capabilities from U.S. models.

1d ago