Matter Labs plans to deprecate ZKsync Lite, the first iteration of its layer 2 Ethereum network, the team said in a post on X over the weekend. The company presented this move, which took place in early 2026, as a planned sunset for an early proof of concept that helped validate its zero-knowledge rollup design […]
ZKsync Lite to shut down in 2026 as Matter Labs moves forward Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. Bitcoin is hovering around 90,000 after a weekend of
Bitcoin stabilizes around 90,000 with liquidity drained and Fed taper fully priced Read More »
Silk Road founder Ross Ulbricht served 12 years of a double life sentence (plus an additional 40 years) before US President Donald Trump pardoned him in January, freeing him from prison and sparking a wave of other pardons that continues through this month. This feature made CoinDesk’s 2025 Most Influential list. Ulbricht, who was convicted
Most influential: Ross Ulbricht Read More »
Pye Finance has raised a $5 million seed round led by Variant and Coinbase Ventures, the company announced in a press release Monday. The round also included participation from Solana Labs, Nascent, Gemini and others, the company said. The startup is building an on-chain marketplace on Solana for time-locked staking positions, with the goal of
Pye Finance Closes $5M Seed Round Led by Variant and Coinbase Ventures Read More »
US President Donald Trump has not written a crypto policy. It has not negotiated legislation or developed regulatory guidelines. But without the White House’s sweeping demands and the pressure he put on his political allies in Congress, it’s hard to imagine the industry would have enjoyed the many major successes it celebrated in its first
Most influential: Donald Trump Read More »
Rep. French Hill’s name may or may not appear on the final legislation that will become crypto law in the United States, but he is the one who pushed it forward. By Jesse Hamilton|Edited by Cheyenne Ligon Updated December 8, 2025, 3:47 p.m. Published December 8, 2025, 3:00 p.m. (Nikhilesh From/Edited by CoinDesk) More for
Most influential: Representative French Hill Read More »
David Sacks, a PayPal Mafia alumnus and co-founder of Craft Ventures, became one of U.S. President Donald Trump’s first major choices for a crypto role as he prepared to return to office, naming Sacks the White House AI and crypto czar in December 2024. And in this role, Sacks saw Congress pass the first-ever major
Most influential: David Sacks Read More »
The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing certain digital assets – Bitcoin. BTC$91,193.35ether ETH$3,143.00 and USD Coin (USDC) or other payment stablecoins – for use as collateral in US derivatives markets. The program, announced by Acting President Caroline Pham, is part of a broader initiative to give market participants
BTC, ETH, USDC as collateral in CFTC crypto pilot Read More »
Bitcoin BTC$90,861.46 attempted a late weekend rally, but even those small gains were largely reversed in early U.S. action Monday, with the price settling quietly near the $90,000 zone for the rest of the day. Trading around $90,500 as U.S. stocks closed, bitcoin is down about 1% in the past 24 hours. Altcoin majors have
Weakness versus stocks reflects lukewarm demand Read More »
The traditional banking industry has sought to slow the influx of institutions seeking to become trusted banks serving digital asset customers, and Jonathan Gould, head of the Office of the Comptroller of the Currency, said such hesitation “would risk reversing innovations.” “The OCC hears almost daily from existing national banks about their own initiatives for
US regulator pushes back against banks fighting Crypto’s pursuit of trust charters Read More »
