Live markets: Bitcoin trades above $65,000 as Alphabet's bigger AI bill props up the chip trade
Alphabet beat on revenue but raised its AI spending forecast again, sending its stock lower after hours. For the chip complex bitcoin tracks, more spending is…
BitMEX, the exchange that invented perps, is shutting down
BitMEX, cofounded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap. Source:CoinDesk
24/7 financial rails: How BNY plans to eliminate the weekend lag in U.S. Treasuries
The bank will begin testing tokenized Treasuries on a private blockchain by yearend and expand its settlement network to cover more international trading…
South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's…
Bitcoin, Ethereum-linked protocols lose $35 million in multiple attacks hours apart
The attacks hit Verus, B² Network and other crosschain systems, showing how compromised keys, upgrade powers and validation checks can empty protocols without…
Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised
Security firms said the attacker used enough hotvalidator signatures to approve a 24.15 million USDC withdrawal, while Arbitrum said its native bridge was not…
XRP whales accumulate as small holders capitulate
XRP whales accumulate 2.8% more tokens over five weeks as small holders capitulate, sending the price back above $1.16. Source:CoinDesk
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.…
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
Senator Cynthia Lummis, one of the lead negotiators on the bill, told CoinDesk she was "pleased" that the updated bill was ready for release. Source:CoinDesk
Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
Several of the Democrats most likely to vote for the crypto market structure bill said they had issues with the new draft published by Republicans earlier in…
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue…
New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary
Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core governmentethics piece.…