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The KIDS Act is far worse than digital carding – it is a mass surveillance system

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Disclosure and Policies: CoinDesk is an award-winning media outlet covering the cryptocurrency industry. Its journalists adhere to a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital […]

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Mubadala Capital tokenizes private market fund on Solana, Sui, Base as Coinbase takes exposure

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Tokenization has become one of the fastest growing corners of digital assets as traditional finance firms seek to modernize fund infrastructure. Citi recently predicted that tokenized securities could grow to around $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimate tokenized assets across all asset classes could reach $18.9 trillion by 2033. Creating

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Bulls face a test unlike any other in bitcoin’s 17-year history: Crypto Daily

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Bitcoin BTC$65,528.80 the market is facing a macro environment unlike anything it has encountered in its 17-year existence. It is linked to inflation-adjusted returns on bonds. The 30-year Treasury Inflation-Protected Security (TIPS) now offers a yield close to 3%, the highest in 17 years, according to TreasuryBonds.com. “This is one of the greatest wealth preservation

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How BNY plans to eliminate the weekend lag in US Treasuries

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BNY, the world’s largest custodian bank, plans to support the settlement of conventional and tokenized US Treasuries around the clock in 2027, after completing an after-hours trade involving the reserves of 2 stablecoin issuers. The bank will test tokenized government bonds on a private blockchain by the end of the year and will expand its

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Bitcoin trades above $65,000 as Alphabet’s major AI bill supports the chip trade

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Bitcoin traded near $65,400 on Thursday, down 0.3% on the day and up 1.4% on the week, as per CoinDesk data. The market remained quiet through Alphabet’s earnings, the report that had been waiting all week to read about AI spending. Alphabet issued a split verdict. Revenue rose 24% to $119.8 billion and cloud grew

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Nuclear Energy Revival puts Westinghouse in prime position

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A major investment firm and a Canadian uranium enrichment company bet on nuclear power three years ago by buying Westinghouse, an energy company that had fallen on hard times. Now that bet is proving prescient. Rising demand for electricity, fueled by data centers, and renewed bipartisan and global interest in nuclear power have made Westinghouse

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BitMEX is notifying users that it is shutting down operations after an 11-year run

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The exchange has immediately stopped all new account registrations following a strategic business review by the parent company, HDR Global Trading Limited. The settlement ends an 11-year run for the Seychelles-incorporated venue, which debuted in 2014 and pioneered the basic plumbing for modern digital asset derivatives trading. The settlement forces an immediate reduction of risk

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BTC Withers as Clarity Act Odds Fall. US deploys B1 bombers against Iran

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Bond markets are already reacting. The U.S. two-year Treasury yield jumped to 4.31%, the highest level since February 2025, while the benchmark 10-year yield rose to 4.66%, the highest since May, according to TradingView data. Higher yields increase the opportunity cost of holding non-yielding assets such as bitcoin and gold, often causing investors to rotate

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Arbitrum-based AFX Trade drained $24 million after bridge keys compromised

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The contract treated the withdrawal as valid and released the funds after a dispute period of 200 seconds. The bridge did exactly what it was designed to do, but the keys that authorized it were apparently in the wrong hands. The attacker then converted the stolen USDC to Ethereum, exchanging it for about 12,467 ETH,

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