The DJ who told CoinDesk in 2021 that NFTs would be “part of culture” within five years is quietly exiting crypto. What to know: Steve Aoki told CoinDesk in August 2021 that NFTs would be “part of culture” within five years. Almost exactly five years later, he is liquidating what’s […]
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won’t trip regulations. What to know: The U.S. Securities and Exchange Commission said that software that sets up user interfaces allowing crypto securities to be transacted through individuals’ wallets won’t […]
Six weeks of war have revealed that bitcoin’s floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of. What to know: Six weeks of war have split the bitcoin market into two camps. The institutional buyers who keep accumulating regardless of […]
For the digital asset ecosystem of the future to flourish, investors need options, explains Sullivan. Digital assets have moved well beyond the hype cycle. What began as an experiment in decentralized value transfer has evolved into a serious conversation about how capital markets, custody, settlement and asset ownership could be […]
Last week’s purchases were mostly funded via sales of the company’s STRC preferred stock. What to know: Michael Saylor’s Strategy (MSTR) added 4,871 bitcoin to its treasury over the past week at an average price of roughly $67,718 per coin, spending approximately $329.9 million, according to a Monday filing. The purchase […]
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses. What to know: Afirm issuing stablecoins in the U.S. would have an array of new duties to head off criminals and keep government watchdogs informed about […]
White House economists said banning rewards wouldn’t significantly boost banks’ financial health, amplifying the crypto industry view in the Clarity Act debate. What to know: A White House report released Wednesday directly challenges the banking industry’s claims that stablecoin yields would drain deposits and weaken lending to households and small businesses. […]
In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison’s $22 floor price offer a “fatal mistake.” What to know: Binance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for “a couple of billion dollars nonchalantly, as if […]
Thorn argues that a recent New York Times op-ed rewrites history through omission, glossing over the collateral damage caused by the previous administration. Former Biden economic advisers Ryan Cummings and Jared Bernstein would have you believe the decline in bitcoin’s price from its 2025 peak somehow vindicates their administration’s approach […]
Developers are considering ways to quantum-proof the world’s oldest cryptocurrency as the threat of this computing moves beyond a hypothetical. What to know: Quantum computers capable of breaking the Bitcoin blockchain do not exist today. Developers, however, are already considering a wave of upgrades to build defenses against the potential […]