Network News BITCOIN PROPOSAL THAT COULD FREEZE QUANTUM-LINKED COINS: Bitcoin was built on the promise that no one can touch your coins without your private key. No government, no banks, no one. That promise is now, for the first time in Bitcoin’s 16-year history, being called into question by the developer community itself as part […]
Bitcoin proposal that could freeze quantum-related coins Read More »
Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, touting “on-chain” finance as the potential next step in how it serves high-net-worth clients. Speaking on the bank’s first-quarter earnings conference call, executives described a future in which assets and liabilities flow more freely on digital rails. “How do you think about a
Welcome to our institutional newsletter, Crypto Long & Short. This week: Tricia Gallagher explains how the solution to flawed digital identity systems will need to be state-led and user-controlled. Institutions making headlines should pay attention, according to Francisco Rodrigues. Crypto TCG gacha volumes hit an all-time high as the CARDS token surges 52% in the
why state-led identity is the future Read More »
Crypto exchanges have become the primary places where millions of people and businesses store and transfer digital money. According to industry data, the crypto market is currently seeing around $190-192 billion in 24-hour trading volume. As exchanges grow across multi-asset venues, the security mechanism evolves beyond wallets to identity, permissions, pricing, and settlement. Yet, despite
Wall Street Won’t Accept ‘Trustless’ Security Promises Read More »
A senior Bitcoin developer said he would prefer to see the estimated 5.6 million bitcoins. BTC$73,765.82 he believes they will be lost frozen by the network rather than risk them falling into the hands of future quantum hackers. Jameson Lopp told CoinDesk that while he doesn’t want to freeze anyone’s bitcoin, removing dormant tokens from
Bitcoin developer says 5.6 million ‘lost’ tokens may need to be frozen to stop hackers Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2058.34, up 0.4% (+9.17) since 4 p.m. ET Tuesday. Eighteen of the 20 assets are trading higher. Leaders: AAVE (+4.3%) and APT (+3.8%). Lagging behind: CRO (-0.6%) and
AAVE rises 4.3% as trade stagnates Read More »
Allbirds ( BIRD ) surged about 300% after announcing it would shift from sneakers to AI computing services, underscoring one of the market’s dominant themes: the race to secure scarce AI infrastructure. The company announced that it has agreed to sell its shoe brand to American Exchange Group and reinvent itself as NewBird AI, backed
Allbirds rides the wave of AI computing Read More »
TeraWulf (WULF), a U.S. data center operator focused on bitcoin mining and AI computing, saw its shares fall early Wednesday, after the company announced a $900 million capital raise. The company priced 47.4 million shares at $19 each. WULF is down 5.8% at $19.73 in early trading. The underwriters’ repurchase option covers an additional 7
WULF down 6% after $900 million capital increase Read More »
The central bank of Pakistan has informed all banks and financial institutions in the country that the ban on providing crypto services has been lifted. However, according to the new state bank rules, banks are prohibited from investing, trading or holding crypto assets using their own funds or customer deposits. The State Bank of Pakistan’s
Pakistan ends seven-year crypto restriction, allows banks to serve approved providers Read More »
Yesterday, CoinDesk reported the potential for a Bitcoin surge BTC$74,208.96 price volatility around the $75,000 level, and this scenario comes true. After briefly approaching $76,000 on Tuesday evening, the largest cryptocurrency pulled back to trade near $73,900. This move could be partly driven by market makers rebalancing their exposure, which would increase short-term price volatility.
