Binance offered its staff in the United Arab Emirates the option to temporarily relocate to Hong Kong, Tokyo, Kuala Lumpur and Bangkok amid regional tensions, the company told CoinDesk Friday. “Given the recent regional tensions, we offered employees the option to temporarily relocate as a precautionary, employee-first measure to provide flexibility and support during a…
Digital assets have moved well beyond the hype cycle. What began as an experiment in decentralized value transfer has evolved into a serious conversation about how capital markets, custody, settlement and asset ownership could be re-imagined for the digital age. Tokenization, programmable money and distributed ledgers may deliver faster settlement, greater transparency and new efficiencies…
A long-running dispute between OKX founder Star Xu and Binance founder Changpeng “CZ” Zhao resurfaced Thursday, with Xu calling CZ a “habitual liar” in a series of posts on X that revisit allegations dating back more than a decade. The clash traces back to Zhao’s brief tenure at OKCoin, founded by Xu, when he was…
World Liberty Financial’s WLFI token fell about 12% in the past 24 hours after the Trump-linked crypto venture published a thread on X defending its lending position on Dolomite, the DeFi protocol whose co-founder advises WLFI. The thread came in response to CoinDesk’s reporting that WLFI had deposited its own governance token as collateral, borrowed…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2007.93, down 0.2% (-3.4) since yesterday’s close. Six of 20 assets is trading higher. Leaders: AVAX (+0.6%) and BTC (+0.3%). Laggards: HBAR (-1.9%) and ADA (-1.3%). The CoinDesk 20…
Bitcoin’s BTC$72,126.77 price may have rallied almost 7% since Sunday, but conviction remains weak, with the recovery stalling near $72,000 ahead of key binary risks, including Friday’s U.S. inflation report and U.S.-Iran truce talks this weekend. The cautious approach is evident in the options market, where institutions continue to chase upside via calls, the derivative…
The crypto market held steady on Friday, with bitcoin BTC$72,158.51 trading little changed at $71,700 and ether (ETH) at $2,180, extending the low-volatility price action that has characterized the past few months. Daily Bollinger bands, a technical analysis tool that measures market volatility, are at their narrowest since early 2024. In the past, such a…
Hong Kong granted its first two stablecoin issuer licenses to HSBC and Anchorpoint Financial, a Standard Chartered-led consortium that includes Animoca Brands on Friday. The approvals by the Hong Kong Monetary Authority (HKMA), the territory’s central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025. “We look forward to…
Mythos’ AI scare is real — enough for U.S. regulators to call an urgent meeting and assess what Anthropic’s advanced artificial intelligence model it could mean for banks. The meeting happened Tuesday, with Treasury Secretary Scott Bessent and Fed Chair Jerome Powell sitting down with Wall Street bank CEOs to discuss possible cybersecurity risks linked…
Bitcoin pulled back to $71,843 on Friday after a third attempt to breach $73,000 was met with selling on Thursday, a level that has now rejected the price on every rally since the Iran conflict began in late February. The retreat is modest. Bitcoin is up 7.9% on the week, its strongest weekly performance of…
