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Citi executive says fragmented crypto systems risk repeating old banking problems

Miami Beach, FL — Tokenized money won’t deliver on its promise if it remains siled within individual banks, according to Ryan Rugg, head of digital assets for treasury and commerce solutions at Citigroup. Speaking at Consensus in Miami, Rugg said large corporate clients are not looking for single banking solutions but systems that work seamlessly […]

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North Korea terror victims step up fight to recover $71 million from Aave hack

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new court filing that the April 18 rsETH exploit was not theft but fraud, directly thwarting Aave’s attempt to overturn a cease-and-desist notice blocking the release of the assets. In a 30-page

North Korea terror victims step up fight to recover $71 million from Aave hack Read More »

North Korea terror victims step up fight to recover $71 million from Aave hack

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new court filing that the April 18 rsETH exploit was not theft but fraud, directly thwarting Aave’s attempt to overturn a cease-and-desist notice blocking the release of the assets. In a 30-page

North Korea terror victims step up fight to recover $71 million from Aave hack Read More »

Bitcoin Surpasses $81,000 as Strategy Considers Selling BTC to Fund Dividend Obligations

Bitcoin BTC$81,567.93 topped $81,000 during Asian hours Tuesday, according to CoinDesk market data, up 6.7% for the week and riding the broader risk-off band that shows stocks printing records on easing Iranian tensions and renewed AI optimism. Other crypto majors responded. Solana zoomed 3% to $87.35. Dogecoin added another 4% to $0.1158, extending its weekly

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The Crypto Bar; speculation and stable payments won over users, says Tempo’s Romero

Miami Beach, FL — After years of experimentation, crypto today has come down to two main uses: trading and payments. Speaking during a fireside chat at Consensus 2026 in Miami, Dan Romero, Tempo’s head of go-to-market, said the industry is settling into a “dumbbell” shape, with speculative exchanges like Hyperliquid’s market on one side and

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State Street Says Institutions Want to Improve Blockchain Security Following Recent DeFi Attacks

Large traditional financial firms need guardrails in a world of blockchain-based assets, especially given how decentralized finance (DeFi) remains so susceptible to hacks and losses, the head of digital assets at custody banking giant State Street told Consensus Miami on Tuesday. Still fresh in people’s minds, last month proved to be a boon for hackers

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Kraken eyes IPO as it partners with MoneyGram to close crypto-cash gap

Miami Beach, FL — Arjun Sethi, co-CEO of Payward and Kraken, said the crypto exchange is “about 80% ready” to go public, highlighting the company’s IPO ambitions as the company rolls out a new partnership with MoneyGram aimed at solving crypto’s “last mile” problem. Speaking alongside MoneyGram Chairman and CEO Anthony Soohoo at Consensus Miami,

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AI agents are breaking the web economy, but Cloudflare says x402 can help

For decades, the Web operated on a simple bargain: publishers and companies made information freely available, search engines and other crawlers indexed it, and these services returned human traffic. Sites could then monetize this traffic through advertisements, subscriptions or commerce. But everything is changing quickly, Stephanie Cohen, Cloudflare’s chief strategy officer, said Tuesday at CoinDesk’s

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It’s transparency, not just technology, that drives crypto adoption, panelists say at Consensus Miami.

The path to mainstream crypto adoption involves designing products that are more visible and controllable, executives from PayPal, Robinhood, Public.com and 248 Ventures said Tuesday at CoinDesk’s Consensus Miami conference. “It’s important to tell users of AI products what the underlying system doesn’t do in addition to what it does,” said Sruthi Lanka, chief financial

It’s transparency, not just technology, that drives crypto adoption, panelists say at Consensus Miami. Read More »

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