Bitcoin BTC$65,248.69 reclaimed $65,400 early Wednesday as a weaker U.S. dollar and a risk-on tone across Asian equities gave crypto markets their first clean bounce in weeks. The broader crypto market cap had slipped to $2.19 trillion earlier this week, practically retesting the lows hit during the Feb. 5 crash. That proximity is what makes…
SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans. As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing software to hold assets, pay for services, trade tokens and even hire other agents. The technical pieces are falling into place….
The U.S. Treasury Department has sanctioned a Russian company, Operation Zero, and the individuals behind it after accusing them of buying stolen cyber tools for millions in cryptocurrency and re-selling those technologies, which were created to be used by the U.S. government. The tools bought and sold by newly sanctioned Sergey Sergeyevich Zelenyuk and his…
Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk. The products, available to eligible non-U.S. users in more than 110 countries, track digital versions of major U.S. stocks, indices and a gold ETF, building on the tokenized equities offering of xStocks that…
High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth. Todd Snyder, the administrator winding down Do Kwon’s Terraform Labs, has sued Jane Street, seeking damages from its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang,…
Bitcoin BTC$63,200.94 dipped below $63,000 during Asian trading hours, extending overnight weakness amid President Donald Trump’s tariffs and AI jitters that have soured investor sentiment. The leading cryptocurrency by market value is already down nearly 7% for the week, trading at levels last seen on Feb. 6 when prices nearly dropped to $60,000, CoinDesk data…
IoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours. With this move, IoTeX is offering the $440,000 if the malicious actor…
The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and crypto prices sharply lower. Today’s victim (in addition to the usual ones) was IBM, after Anthropic said Claude code can automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” said Anthropic. “It handles an estimated 95%…
USD1, the U.S. dollar stablecoin of World Liberty Financial — a crypto protocol with close links to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol. The token fell to as low as $0.994 during the day, some 0.6%…
Pre-market trading is showing signs of stabilization, with bitcoin rebounding above $66,000 after briefly falling to $64,400 on Sunday. The move higher comes amid continued uncertainty surrounding President Trump’s proposed tariffs and U.S. tensions with Iran, factors that have weighed on broader risk sentiment. Strategy (MSTR), the largest publicly traded holder of bitcoin, is down…
