HONG KONG — Hong Kong is a growing place for Web3 and crypto innovation, its chief executive said Wednesday. John KC Lee, chief executive of the Hong Kong Special Administrative Region, opened CoinDesk’s Consensus Hong Kong conference with a short speech on the city’s work to grow its crypto communities and businesses. “The HKSAR government […]
LayerZero Labs on Tuesday unveiled Zero, a new blockchain aimed at powering institutional-grade financial markets, alongside a strategic investment from Citadel Securities in ZRO, the network’s native token and governance asset. ARK Invest is also investing in LayerZero shares and the ZRO token, with CEO Cathie Wood joining a newly formed advisory board alongside ICE
Citadel Securities Supports LayerZero as It Unveils “Zero” Blockchain for Global Markets Read More »
Fairshake Political Action Committee, Crypto’s $193 million campaign finance force, is heading into the congressional midterm season with a massive $5 million infusion into the Republican primary campaign of Barry Moore, a U.S. congressman currently running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is pledging to spend the money to support Moore, even
Crypto PAC Fairshake launches into first Senate midterm race with $5 million in Alabama Read More »
Crypto industry negotiators arrived at the White House on Tuesday ready to discuss a legislative deal on stablecoin yields, but their banking industry counterparts were not yet ready to compromise on the Senate’s crypto market structure bill, according to a person familiar with the negotiations. The fight over whether stablecoins should be able to offer
Crypto Banking Opponents Didn’t Want to Tackle Bill During Latest White House Meeting Read More »
Robinhood (HOOD) said revenue from crypto-related trading fell 38% year over year in the fourth quarter, underscoring how falling digital asset prices continue to dampen trading activity even as platforms move deeper into the sector. The trading app reported $221 million in revenue from crypto transactions, up from $358 million a year earlier, according to
HOOD falls another 7% due to fourth quarter revenue shortfall Read More »
CoinDesk’s Hong Kong Consensus 2026 is here. Over the next two days, more than 10,000 attendees will hear from more than 350 speakers across five stages to discuss tokenization, stablecoins, AI and much more. The conference comes just after crypto markets went through a period of intense volatility. Bitcoin BTC$68,747.00 crashed from over $95,000 to
What to expect at CoinDesk’s Hong Kong Consensus 2026 Read More »
Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a request filed in a New York federal court by his mother. Since being convicted and jailed for 25 years, SBF has continued to challenge his situation in court. The latest motion for a new trial, first reported
Sam Bankman-Fried requests retrial for FTX fraud Read More »
Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year of a series of federal charges related to defrauding investors in his digital assets business. The 100-month sentence was handed down Tuesday in the U.S. District Court for the Eastern District of New York, and Karony must also
Former SafeMoon CEO receives 8 years in prison for defrauding investors Read More »
By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$69,043.96 slipped to $68,500 on Tuesday, after failing to reclaim $70,000 after trading above that level for some time over the weekend. The CoinDesk 20 Index (CD20) fell 0.23% in the last 24 hours. The market appears to be stabilizing after last week’s drop to
AI Craze Helps Limit Crypto Advantages, Wintermute Says: Crypto Daybook Americas Read More »
Ethereum co-founder Vitalik Buterin has called for a rethink of how crypto and AI should come together, warning that the growing focus on developing artificial general intelligence (AGI) risks missing the bigger picture. In an article on Rather than rushing to build more powerful AI systems, he says the goal should be to guide AI
Vitalik Buterin explains how blockchain could play a key role in the future of AI Read More »
