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CoinDesk is a global cryptocurrency news platform covering digital currencies, blockchain, and related financial technology.

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Crypto made new friends in U.S. primaries, but focus now shifts to general election
Cryptocurrency
CoinDesk53m ago

Crypto made new friends in U.S. primaries, but focus now shifts to general election

A cryptocurrency-focused political action committee, Fairshake, backed several winning candidates in U.S. primary elections, including incumbent Jake Auchincloss in Massachusetts. The group’s influence now shifts toward the general election in November. The outcome highlights growing bipartisan engagement with crypto policy among U.S. lawmakers.

Why It Matters

This signals potential shifts in U.S. cryptocurrency regulation and policy ahead of the general election, with implications for the industry's future legal and economic landscape.

Cryptocurrency1h ago

New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets

New Jersey has petitioned the U.S. Supreme Court to resolve conflicting rulings from lower courts regarding the legality of state-level restrictions on prediction markets, particularly those tied to sports betting. The move seeks a definitive interpretation of whether states can enforce bans on these platforms. The Supreme Court’s potential intervention could set a national precedent for the regulation of prediction markets.

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New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
Cryptocurrency3h ago

Crypto Long & Short: Crypto VCs are mistaking consensus for discipline

In this week's Crypto Long & Short, Varun Datta of Truth Ventures writes that crypto venture capital's retreat to later-stage deals is a consensus trade dressed as discipline. With proven companies taking 57% of last quarter's capital, he argues the founding-stage gap is where the returns are, and lays out three things to look for.

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Crypto Long & Short: Crypto VCs are mistaking consensus for discipline
Cryptocurrency5h ago

CrowdStrike and federal authorities dismantle Russian malware that secretly stole crypto for 8 years

Russia-based Sality watched for copied bitcoin and Ethereum addresses and quietly replaced them with the attacker’s. CrowdStrike and law enforcement have now isolated more than 15,000 infected machines.

CrowdStrike and federal authorities dismantle Russian malware that secretly stole crypto for 8 years
Cryptocurrency5h ago

The token supercycle: everything of value is becoming programmable

Tokenization is not just about increasing access to tokens, whatever they may represent, but a fundamental shift in how value is created, owned, financed and moved, argues Solana Foundation’s Lily Liu.

The token supercycle: everything of value is becoming programmable
Cryptocurrency6h ago

The bearish 'Bart Simpson' pattern is back as bitcoin and XRP prices pull back

Analysts discuss the cartoon-themed price action as prices for major cryptocurrencies wilt.

The bearish 'Bart Simpson' pattern is back as bitcoin and XRP prices pull back
Cryptocurrency6h ago

Capital B aims to add 376 BTC to bitcoin treasury following $8.8 million Adam Back investment

The Euronext Growth Paris-listed firm issued 13,181,030 shares with four warrants each at 58 euro cents per share, according to a filing on Wednesday.

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Capital B aims to add 376 BTC to bitcoin treasury following $8.8 million Adam Back investment
Cryptocurrency7h ago

Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant

The plaintiffs allege that Tether acted in response to an informal U.S. law-enforcement request more than three months before a seizure warrant was issued.

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Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
Cryptocurrency7h ago

Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93

Bitcoin fell 1% since midnight as Brent jumped past $93 and Treasury yields climbed toward 4.8%.

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Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93
Cryptocurrency8h ago

Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts

The former prime minister said U.K. is among the worst examples of rising debt and warns the situation may have gone too far.

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Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts
Cryptocurrency10h ago

Live updates: Bitcoin trades near $77,000, with central bank policy rate decisions taking center stage

The ADP reported private-sector job growth of just 38,000, missing forecasts and marking the weakest level since January.

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Live updates: Bitcoin trades near $77,000, with central bank policy rate decisions taking center stage
Cryptocurrency11h ago

XRP ETFs pull in $170 million over 11 days. Goldman tops institutional holders

Spot XRP funds have logged 11 straight sessions of inflows, while Q2 filings show Goldman Sachs, Jane Street and Millennium among their biggest professional holders.

XRP ETFs pull in $170 million over 11 days. Goldman tops institutional holders
Cryptocurrency11h ago

A China indicator that supports risk-taking in stocks and bitcoin is flashing red

China's "credit impulse" is flashing red for risk assets. So far, bitcoin has mostly shrugged it off.

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A China indicator that supports risk-taking in stocks and bitcoin is flashing red
Cryptocurrency13h ago

OpenAI says its new 'Astra' AI can build attacks without human help

Astra is the first OpenAI model to reach its “Critical” cybersecurity threshold, meaning it can find previously unknown vulnerabilities and develop ways to exploit them across hardened systems.

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OpenAI says its new 'Astra' AI can build attacks without human help
Cryptocurrency13h ago

Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff

Every large-cap token fell over the past 24 hours, and the high-beta majors gave up roughly triple what bitcoin did.

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Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff
Cryptocurrency13h ago

Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch

BTC trades choppy as $90 oil and rising bond yields weigh on stocks and gold.

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Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
Cryptocurrency18h ago

SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading

The U.S. Securities and Exchange Commission issued an agenda for its 24-trading roundtable and proposed a new transfer-agent rule with blockchain implications.

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SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading
Cryptocurrency1d ago

Citi, Goldman, other global banks and asset managers team up on stablecoin venture

The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.

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Citi, Goldman, other global banks and asset managers team up on stablecoin venture
Cryptocurrency1d ago

Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring

Revenue on Robinhood Chain hit a 24-hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains.

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Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring