Latest Crypto News

Consensus Hong Kong 2025 Coverage

Figment CEO Lorien Gabel’s Big Bet on Staking Has Paid Off

The staking provider’s co-founder and CEO discusses the evolution of staking and its growing adoption in Asia.

Figment CEO Lorien Gabel

Policy

French Prosecutors Expand Money Laundering, Tax Fraud Probe Against Binance: Reuters

The investigation is focused on alleged offenses committed in both France and the broader European Union from 2019 to 2024.

Richard Teng

Tech

Quantum Startup BTQ Proposes More Energy Efficient Alternative to Crypto's Proof of Work

A new paper proposes using a method called "coarse-grained boson-sampling" to validate the proof of work process and reward successful miners.

Bitcoin ASIC miner (CoinDesk Archives)

Consensus Hong Kong 2025 Coverage

The Sandbox’s Sébastien Borget on the Future of Web3 Gaming

The co-founder of the popular metaverse platform discusses how Asia is driving the next wave of Web3 innovation.

Sandbox co-founder and COO Sebastien Borget

Markets

MOVE Jumps 20% on Trump-Linked World Liberty Fi Token Purchase, Musk's DOGE Involvement

"Our papers have never hit the DOGE desk," Rushi Manche, co-founder of Movement Labs, told CoinDesk. "There's a lot of speculation in the rumors."

Donald Trump (Chip Somodevilla/Getty Images)

Tech

Movement Labs Unveils Developer Mainnet Ahead of February's Public Launch

The company is also introducing a multi-asset liquidity program to provide the foundation for DeFi applications

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

CoinDesk Indices

CoinDesk 20 Performance Update: XRP Gains 6.6% as Index Trades Higher

Stellar (XLM) joined Ripple (XRP) as a top performer, gaining 5.3%.

Finance

Coinbase Receives Approval to Expand Services Into Argentina

Roughly 5 million Argentinians use crypto daily, according to Coinbase.

Flag of Argentina (Angelica Reyes/Unsplash)

Tech

SSV DAO Unveils “SSV 2.0” Framework, Bringing bApps to Ethereum

Based applications — bApps — will be able to leverage Ethereum validators directly from the layer-1, allowing them to avoid security and centralizing risks.

SSV Network unveils its new framework, "SSV 2.0", its most ambitious plan to date (Wikipedia)

Finance

Ondo Finance's $185M Tokenized U.S. Treasury Offering Joins the XRP Ledger

The expansion allows institutional investors to mint and redeem OUSG tokens around the clock using Ripple's RLUSD stablecoin.

Ripple (Jesse Hamilton/CoinDesk)

Markets

TRUMP, XRP Surge 12% to Lead Crypto Rebound Ahead of FOMC Meeting

Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.

Bull and bear (Shutterstock)

Markets

Tom Lee Calls Monday's Market Plunge a Great Buying Opportunity After AI, Crypto-Led Rout

On Monday, NVIDIA had the largest single-day market cap loss in history, erasing $465 billion in market cap.

KULR adds more bitcoin to treasury (Shutterstock)

Markets

Short-Term BTC Holders Quit, CME Open Interest Slid by Record During Monday's Price Drop

As observed by many metrics, Monday's capitulation in bitcoin looks like a textbook local bottom.

Chart of one-day change in CME bitcoin open interest. (Glassnode)

Finance

Bitcoin Miner Hive Digital to Buy Paraguay Site From Bitfarms for $85M

The acquisition of the site in Yguazú, Paraguay will increase the company's hashrate to 25 EH/s from 6 Eh/s by September.

A photo of four mining rigs

Markets

Metaplanet Announces Largest Raise by an Asian-Listed Firm to Buy Bitcoin

Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.

Japanese Yen (Shutterstock)