A political action committee with ties to major tech and crypto donors is raising the specter of disgraced ex-FTX CEO Sam Bankman-Fried to target New York congressional candidate Alex Bores as the state legislator faces a crowded Democratic field. A sharply worded mailer distributed by Think Big PAC told voters that the Democratic primary candidate…
Kalshi is now under a two-week restraining order barring bets in Nevada while a legal debate proceeds over the longer-term status of prediction markets there. The First Judicial District Court of Nevada issued a 14-day order on Friday, directing the platform to cease offering event contracts in that state. A federal appeals court cleared the…
The SEC’s fresh approval of Nasdaq’s tokenized securities framework marks a key turning point for how stocks could trade in the future: it brings blockchain into the core of U.S. equity markets, but on Wall Street’s terms. The regulatory green light allows Nasdaq to test a system where certain stocks and ETFs can be issued…
Web3 has always been cyclical, yet it has never stopped building. Markets rally and retrace, narratives rotate and evolve, but founders continue to ship products and search for their moment to be seen. In an ecosystem where launching a protocol or token can happen quickly, standing out is harder than ever. That is where CoinDesk…
Only weeks ago, the interest rate debate in the U.S. centered on just how many Federal Reserve rate cuts there would be in 2026. But as the economy shows only faint signs of slowing, inflation remains above the central bank’s 2% target, and oil prices are up 50% in three weeks, rate traders are beginning…
Ledger has appointed a new chief financial officer and opened a New York office as the crypto security firm expands its U.S. presence ahead of a planned public listing. The company said John Andrews, a former Circle (CRCL) executive, will take on the CFO role. Andrews spent more than two decades in finance and most…
Coinbase (COIN) said it began offering perpetual stock futures to eligible non-U.S. retail and institutional traders, extending its derivatives product line into U.S. equities. The contracts let traders take leveraged positions on a group of large-cap U.S. stocks, colloquially known as the Magnificent 7: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. Perpetual futures tied…
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$70,362.93 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000. Most assets saw sharp downturns over the period as the conflict in Iran escalated, damaging vital energy infrastructure. A hotter-than-expected February U.S….
The European Central Bank (ECB) said it is looking for experts to help draft rules about how a digital euro would work in everyday payments in anticipation of legislation approving a central bank digital currency (CBDC) and a decision by the bank’s governing council to issue one. The ECB opened applications for experts to help…
Digital assets are no longer a fringe experiment in finance, they’re fast becoming a core part of how banks, asset managers, fintechs and corporates plan to move money, store value and manage risk. That’s the key takeaway from fintech firm Ripple’s survey of more than 1,000 global finance leaders, which reveals how the industry sees…
