The Reserve Bank of India has urged countries to focus on central bank digital currencies over privately-issued stablecoins, citing concerns about financial stability. In its December financial stability report, released on Wednesday, the RBI argued that CBDCs preserve the “singleness of money and the integrity of the financial system,” and should remain as the “ultimate…
Artificial intelligence, a lack of awareness of data privacy, and regulatory pressures are among the biggest threats to the future of private messaging, says Alex Linton and Chris McCabe, executives from the decentralized messaging app Session. The EU’s efforts to mandate the scanning of private messages through its Chat Control legislation have been heavily criticized…
The key policy maker who oversaw the launch of regulated Bitcoin futures in the US has returned as the Commodities Futures Trading Commission’s chief of staff after a six-year hiatus. In a Wednesday announcement, the CFTC welcomed back Amir Zaidi with chairman Michael Selig emphasizing the wealth of experience Zaidi will bring. “I’m grateful for…
Bitcoin and ether ended December with little sign of the year end burst traders often bank on, capping a quarter that shows just how fragile crypto rallies can look when liquidity thins and risk appetite slips. The so-called ‘Santa rally’ never really arrived. Instead, repeated attempts by bitcoin to reclaim key levels were sold into,…
Trading XRP$1.8424 and solana SOL$124.83 felt twice as bumpy as bitcoin BTC$87,564.19 in 2025, dashing hopes of market maturation beyond the largest cryptocurrency. Realized volatility over the past 365 days hit 87% for solana and 80% for XRP compared with BTC’s calmer 43%, according to data tracked by CoinDesk Indices. BNB BNB$864.12 clocked 55% and…
Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti money-laundering and customer verification breaches. The Financial Intelligence Unit said the exchange violated key provisions of the country’s Special Financial Transactions Act, including lapses in customer due-diligence…
Investment bank KBW upgraded TeraWulf (WULF) to “outperform” from “market perform” while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin BTC$87,613.81 mining toward AI and high-performance computing (HPC) leasing. “We think investors underappreciate the magnitude of the BTC…
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 2726.41, up 0.7% (+18.35) since 4 p.m. ET on Tuesday. Ten of 20 assets are trading higher. Leaders: SOL (+1.4%) and CRO (+1.4%). Laggards: XLM (-1.3%) and APT (-1.0%)….
Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum…
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects. Source link
