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Ballooning US debt sends investors to bitcoin (BTC), gold to hedge against dollar devaluation: Crypto Daily

“This is a world of fiscal dominance and ultimately will dictate Fed policy. Rates must necessarily be kept artificially low and liquidity must be made available to help finance the refinancing cycle,” the founders told CoinDesk. “The debasement trade was a popular narrative last year, but has gone quiet. Yet it’s set to go into […]

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Why Coinbase CEO Thinks Pivoting From Crypto To AI Is A Mistake

Armstrong and others say autonomous software agents will eventually perform far more daily transactions than humans. Because digital programs cannot open bank accounts or wait days for bank transfers, real-time crypto and blockchain are the only alternative. In his post, Armstrong said Coinbase plans to anchor this ecosystem, which he dubbed Agentic Finance (AiFi). The

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Bitcoin (BTC) is the canary in the coal mine for the quantum computing threat

Quantum computing is a risk factor for every encrypted system on the planet, including major banks. But crypto, because of the way it works, may be the technology that gets tested first. “Cryptocurrencies are the canary in the coal mine,” said Eddy Zervigon, CEO of Quantum Xchange, in an interview with CoinDesk. Zervigon’s company builds

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South Korea’s trading giant POSCO puts receivables onchain in tokenization test with LG

POSCO International, South Korea’s largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries. The company, which last year generated $22.2 billion in revenue from businesses spanning steel, energy and battery materials, is working with LG CNS, LG Group’s technology arm, to

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US regulators warn prediction markets against cutting corners in event contracts

The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction market businesses run by companies such as Kalshi, Coinbase, Polymarket and Crypto.com, issued a notice on Friday reminding the companies not to cut corners with far-reaching contract certifications that should cover a wide range of events. The agency

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