Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade
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Crypto News

NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price of BTC rose by more than 17,700%. “We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong posted on X, responding to a viral tweet about Durant’s […]

Bankrupt Crypto Exchange to Repay $1.6B on Sep. 30 in Latest Redistribution
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Crypto News

FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago. The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who […]

ETH News: Fusaka Coming in December
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Crypto News

Ethereum core developers have confirmed a tentative roadmap for the network’s next major upgrade, Fusaka, during Thursday’s All Core Developers Consensus (ACDC) call. The upgrade, designed to further scale the blockchain, is now scheduled for early December, with follow-up changes aimed at more than doubling blob capacity in the weeks after. Before the Fusaka upgrade […]

Solmate CEO: Solana ‘Delivers What Ethereum Promised’; Analyst: $1,000+ SOL Plausible
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Crypto News

New comments from Solmate’s Marco Santori and two widely followed analysts put the focus on SOL’s $238 pivot and what would confirm higher prices. Marco Santori’s comments In an X thread, Santori, a former Kraken CLO, introduced Solmate, which he described as “brand new Solana infrastructure” for the UAE, adding that he will be CEO. […]

DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses
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Crypto News

The total amount of capital locked on decentralized finance (DeFi) protocols hit $170 billion on Thursday, a landmark figure as now all of the the losses from the 2022 Terra/LUNA ecosystem collapse and subsequent bear market have been erased. While Ethereum still commands the lion’s share of capital at 59%, newcomers including Coinbase-backed layer 2 […]

Bittensor’s dTAO Shows a Retail Path to AI Exposure Beyond Robinhood’s SPVs
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Crypto News

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Robinhood got all kinds of attention earlier this year when it […]

Fragility or Back on Track? BTC Holds the Line at $115K
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Crypto News

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC$115,224.82 traded just above $115k in Asia Tuesday morning, slipping […]

Monero Suffers Deepest-Ever Blockchain Reorganization, Invalidating 118 Transactions
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Crypto News

Monero’s blockchain experienced an 18-block reorganization on Sunday, its deepest to date, that effectively invalidated 118 confirmed transactions by rolling back 36 minutes of transaction history. The reorg began at block height 3,499,659 when Qubic, a lesser-known AI-focused layer-1 blockchain, unleashed a longer chain that Monero’s network nodes accepted, orphaning the other chain’s previously confirmed […]

Native Markets Wins Right to Issue USDH
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Crypto News

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Hyperliquid’s validator community has chosen Native Markets to issue USDH, ending […]

Why Bitcoin Miners Are Powering AI’s Expansion
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Crypto News

When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once known for its vast fleets of bitcoin mining rigs, the company is now part of a growing trend: converting energy-intensive mining operations […]

What the Fed’s Sept. 17 Interest Rate Decision Means for Crypto, Gold and Stocks
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Crypto News

Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets. The economic backdrop highlights the Fed’s delicate balancing act. According to the latest CPI report released by the U.S. Bureau of Labor Statistics […]

On-Chain Capital Markets and Agentic Finance Are Coming
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Crypto News

U.S. SEC Chair Paul Atkins said crypto’s time has come, pledging to modernize the U.S. securities rulebook and expand “Project Crypto” to bring markets on-chain. Speaking in Paris on Sept. 10 at the OECD’s inaugural Roundtable on Global Financial Markets, Atkins said the SEC is shifting away from enforcement-driven policymaking and will provide clear rules […]