One afternoon in October 2024, Li Ying was in bed scrolling through X when he got a notification on his phone from the peephole surveillance camera on the door of his apartment in Turin, Italy. Two men lingered in the hallway. He got up quietly, walked to the door and watched them through the camera […]
How an act of vandalism helped a dissident find his voice Read More »
The Nasdaq-listed Coinbase exchange announced a major market move on Monday: the launch of direct rails for Indian rupees (INR). From June 1, 2026, the exchange’s Indian customers can deposit and withdraw rupees directly from their bank accounts via the Immediate Payment Service (IMPS), a move designed to eliminate the need for middlemen and simplify
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week could have been driven by a large investor seeking a quick exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. This is according to an analysis published by the crypto investment company NYDIG. The transaction took place
Last month, Rep. French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus, that tokenization was the next big agenda item, and that crypto would continue to receive bipartisan support. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of
How the House Financial Services Committee Addresses Tokenization: Cryptostat Read More »
DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar network (XLM) is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon. Earlier this week, DTCC said tokenized assets held through its Depository Trust Company could become available on Stellar from the
How Stellar (XLM) became part of DTCC’s plan to bring securities onchain Read More »
Retail investment platforms have spent a number of years racing to become the “everything apps” for finance, bringing together stocks, crypto, banking and payments in an effort to keep users within a single ecosystem. But for moomoo, the next battle is not about who offers the most assets. It’s about who provides retail investors with
moomoo targets Wall Street-grade crypto tools for retail investors Read More »
Bitcoins BTC$73,834.94 brand volatility was treated for years as both its greatest asset and its greatest flaw. Recently, the slide has settled down to something resembling a smooth ride, with volatility falling to around 35 from a high of 120 in 2021. While critics see this dampening as a sign that the asset is losing
A new all-electric plane made a test flight in New York City. Our transport reporter Niraj Chokshi details what you need to know.
Is this the future of air travel? Read More »
Butch McGuire’s, a downtown Chicago pub, plans to hold watch parties for some World Cup soccer games. But the family-owned business does not order more beer. “Soccer is growing here in the United States and there will be games that draw big crowds,” said Bobby McGuire, who took over the business from his father 20
Can the World Cup help the US beer industry kick its slump? Read More »
The two biggest DeFi companies of the past two months have one thing in common. They used a tool that does not exist on the XRP Ledger. Thorchain lost about $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange,
