Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibilliondollar exodus of deposits despite Aave itself not being…
Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
An early miner says Strategy's stock mNAV has fallen to 0.72, near the level that marked the last cycle's turn, and that bitcoin historically bottoms about six…
Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
PowerTrade changed Kraken’s positive balance of around $7 million to a $2 million deficit via a series of unauthorized “corrections” related to trades that had…
Crypto relief rally fails to shake persistent bearish derivatives signal
A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound…
Bitcoin supply in loss reaches record high 10.83 million BTC
Almost 11 million bitcoin are now held at a loss, while longterm holders control a record 14.8 million coins. Source:CoinDesk
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that…
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil…
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at…
Crypto’s next billion-dollar hacker may move at superhuman speed
Anthropic’s new Claude Fable 5 puts powerful cyber tools behind safety filters. DeFi, already hit by more than $840 million in hacks this year, is one of the…
Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder
In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infrastructure has largely been…
Top cryptographers can't agree on Bitcoin's biggest quantum question
A Coinbaseconvened panel says Bitcoin should start preparing for quantum attacks now, but declines to take a position on whether millions of vulnerable coins,…
Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps
A clash between derivatives veterans is exposing a deeper discussion over how U.S. regulators should classify crypto perpetual contracts. Source:CoinDesk