The rebooted Senate is moving forward with certain crypto initiatives, but how much time is left versus how much work is left, really? You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Now that Congress is back […]
What Congress has left to do this year Read More »
As global markets continue to absorb the prospect of new US trade barriers, central bank officials in Europe and Asia are warning that the volatility they create in bond markets could reveal another hidden risk. Similar to Lehman Brothers’ 2008 debacle, which triggered a $600 billion money market fund meltdown, forced the sale of commercial
What does a Stablecoin-led contagion look like? Read More »
Wormhole Labs introduced the Sunrise platform on Sunday with the goal of becoming the primary entry point for new digital assets into the Solana ecosystem. The platform introduces a unified gateway that allows issuers and users to move tokens from any ecosystem to the Solana blockchain. The debut comes just before the arrival of Monad
Wormhole Labs debuts Sunrise to streamline Solana token import when MON goes live Read More »
Crypto markets rallied on Sunday as Bitcoin flashed an extremely oversold signal and more than $200 million in liquidations helped ease selling pressure across major tokens. Bitcoin BTC$86,828.59 traded near $86,466 as of 13:36 UTC, up about 2.7% from where cryptoanalyst Ali Martinez highlighted the move earlier in the day. Martinez said at 11:19 UTC
As real-world asset (RWA) tokenization increases, the crypto industry is entering uncharted territory, bringing traditional equities, private credit and commercial paper on-chain, uncovering potential critical risks along the way. Marcin Kaźmierczak, co-founder of oracle provider RedStone, says one risk is potentially being overlooked: the weekend gap, where crypto trades 24/7 while Wall Street doesn’t. In
24/7 trading meets 9-to-5 markets as more stocks go on the chain Read More »
A malformed transaction pushed Cardano into a brief chain split on Saturday, as older and newer node versions validated transaction data submitted to the network differently. The discrepancy prompted some block producers to follow a “poisoned” chain while others remained on the normal one, prompting an emergency patch and network-wide upgrade instructions. The incident –
The network splits in half as the attacker uses AI-generated script to exploit flaws Read More »
Bitcoin’s long-term design came under renewed scrutiny Friday after VanEck CEO Jan van Eck questioned whether the network provides sufficient encryption and privacy during an appearance on CNBC’s “Power Lunch” with anchor Brian Sullivan. Van Eck said the issues attracting attention in the Bitcoin community go beyond short-term market fluctuations. “There is something else happening
VanEck CEO raises concerns about Bitcoin’s encryption and privacy Read More »
Grayscale is positioning Chainlink as critical infrastructure for the growing tokenized asset market, according to a new research report. The asset manager’s research arm claims that Chainlink’s suite of services, spanning real-world data, compliance tools and blockchain interoperability, solves many of the real-world frictions blocking wider adoption of blockchain-based finance. Chainlink is best known for
Aerodrome Finance, a leading decentralized exchange on Coinbase’s Base network with $400 million in total value locked up, was targeted in a front-end attack late Friday, prompting urgent warnings for users to avoid its primary domains. The incident appears to be a DNS hijacking of Aerodrome’s centralized domains, which allowed attackers to redirect users to
Aerodrome Finance hit by ‘Front-End’ attack, users urged to avoid main domain Read More »
A lone Bitcoin miner that ran about 6 terahashes per second with hashpower — an amount so small it barely registers on the network — mined a full BTC block on Friday, earning 3,146 BTC plus fees worth nearly $265,000. The feat was confirmed by Solo CK pool creator Con Kolivas, who noted that the
Tiny Hashrate Miner Nets $265,000 in Rare BTC Block Read More »
