SShortSingh.

Crypto & Web3

0
Crypto & Web3CoinDesk ·

Federal Reserve holds interest rates steady amid policy uncertainty

The U.S. Federal Reserve decided to keep interest rates unchanged, extending its current pause in monetary policy adjustments. Markets were notably divided ahead of the decision, reflecting uncertainty about the central bank's next move — an unusual dynamic compared to recent years. Attention is now turning to Kevin Warsh, who is expected to outline a future policy roadmap. The hold signals a cautious stance from the Fed as it navigates evolving economic conditions.

0
Crypto & Web3CoinDesk ·

Morgan Stanley: Tokenization and 24/7 Markets Are Ending the 9-to-5 Banking Era

Morgan Stanley executives say the traditional 9-to-5 banking day is coming to an end. The shift is being driven by the rise of tokenization and round-the-clock financial markets. These developments are pushing the banking sector toward always-on operations. As digital assets and blockchain-based finance grow, continuous banking is becoming a practical reality rather than a distant concept.

0
Crypto & Web3CoinDesk ·

Brale Unveils Protocol to Solve Liquidity Fragmentation in Custom Stablecoins

Stablecoin infrastructure firm Brale has announced a new protocol aimed at addressing a key obstacle to scaling custom tokens. CEO Ben Milne raised concerns that the current bridge model used to move assets across blockchains is not built to handle mass adoption. The problem is expected to worsen as hundreds of companies begin issuing their own stablecoins, leading to fragmented liquidity. Brale's new protocol is designed to tackle this fragmentation challenge before it becomes a systemic issue in the broader stablecoin ecosystem.

0
Crypto & Web3CoinDesk ·

Wall Street lowers Coinbase Q2 forecasts amid crypto spot trading slowdown

Wall Street analysts have revised down their expectations for Coinbase ahead of its upcoming earnings report. The downward adjustments reflect a noticeable slowdown in spot cryptocurrency trading activity during the second quarter. Reduced retail and institutional trading volumes are seen as the primary driver behind the tempered outlook. Analysts are also closely watching the progress of pending U.S. cryptocurrency legislation, which could significantly shape Coinbase's future business environment.

0
Crypto & Web3CoinDesk ·

Most 2026 Crypto Hacks Exploit Keys and Governance, Not Code Bugs

Nearly $972 million in cryptocurrency has been stolen in 2026, according to a new analysis by Immunefi's Mitchell Amador. Amador notes that the majority of these losses stem from compromised private keys, signers, and governance mechanisms rather than smart contract vulnerabilities. The findings challenge a widespread assumption in the industry that passing a security audit equates to being fully protected. Amador argues that an audit verifies code quality at a single point in time but does not account for ongoing operational and access-control risks.

0
Crypto & Web3CoinDesk ·

Ethereum Foundation expands board to four with security researcher pcaversaccio

The Ethereum Foundation has appointed security researcher pcaversaccio, widely known as 'pc', to its board of directors. The move is part of ongoing leadership changes at the organization. With this addition, the foundation's board now comprises four members. pcaversaccio is a recognized figure in the Ethereum ecosystem, particularly for his work in security research.

0
Crypto & Web3CoinDesk ·

How BitMEX's 2016 Perpetual Futures Contract Transformed Crypto Trading

BitMEX, a cryptocurrency derivatives exchange, launched the first-ever perpetual futures contract in 2016, a financial instrument that would go on to reshape how digital assets are traded globally. Co-founder Arthur Delo described the company at the time as a lean, experimental startup with little certainty about whether the product would succeed. The team adopted a test-and-learn approach, believing the market would ultimately validate or reject the innovation. The perpetual futures contract, which has no expiry date unlike traditional futures, became one of the most widely used instruments in crypto trading. BitMEX's early bet proved transformative, with the product now replicated across virtually every major crypto derivatives platform worldwide.

0
Crypto & Web3CoinDesk ·

Zcash's Ironwood Pool Attracts $80M in ZEC Within 24 Hours of Launch

Approximately $80 million worth of ZEC tokens migrated into Zcash's newly launched Ironwood pool within its first day of operation. The transferred amount represents roughly 5% of the total funds that were held in the now-retired Orchard pool. The Orchard pool has been phased out and no longer accepts new deposits. The remaining 95% of funds previously held in Orchard remain in a pool that users can no longer add to, raising questions about how quickly the full migration will occur.

0
Crypto & Web3CoinDesk ·

Perpetual Futures Systemic Risk Lies in Venue Design, Not Contract Type

Chris Tyrer, President of Bullish Exchange, argues that perpetual futures contracts are not inherently dangerous as they enter regulated markets. Critics have raised concerns that perpetuals import systemic risk into traditional finance, but Tyrer disputes this framing. He contends that the real risk originates from how trading venues are structured, including leverage limits, margin rules, index construction, and default handling mechanisms. According to Tyrer, focusing regulatory scrutiny on the contract itself misidentifies the source of potential instability.

0
Crypto & Web3CoinDesk ·

BNY Mellon to add blockchain layer to its $8.6 trillion transfer agency business

BNY Mellon, the world's largest custodian bank, is moving to integrate blockchain technology into its transfer agency operations. The initiative targets the $8.6 trillion transfer agency market by introducing a digital ownership record for tokenized funds. Rather than replacing its existing infrastructure, BNY plans to run the blockchain layer alongside its current system. The move signals growing institutional interest in using distributed ledger technology to modernize fund record-keeping.

0
Crypto & Web3CoinDesk ·

Bitcoin Holds Above $64,000 Ahead of Federal Reserve Rate Decision

Bitcoin rose 0.75% to stabilize above $64,000 as markets awaited a key Federal Reserve interest rate decision. Investors are closely watching the Fed's move, which could significantly influence crypto market sentiment. Persistent inflation at 4.1% keeps the possibility of a rate hike firmly in play. Easing oil prices have offered some relief, though they have not been enough to take a rate increase off the table.

0
Crypto & Web3CoinDesk ·

Binance launches gold and silver options after commodity futures see billions in daily volume

Binance has introduced options trading for gold and silver on its crypto exchange platform. The move follows strong user demand for the exchange's existing gold and silver perpetual futures contracts. Those commodity futures products have been attracting billions of dollars in daily trading volume. By expanding into options, Binance aims to offer traders additional tools to hedge or speculate on precious metal prices.

0
Crypto & Web3CoinDesk ·

Ionic Digital Surges 26% on Nasdaq Debut, Valued at $2.8 Billion

Ionic Digital, a bitcoin mining company, made a strong stock market debut on the Nasdaq, with its shares jumping 26% on the first day of trading. The company reached a market valuation of approximately $2.8 billion, based on its 44.9 million shares outstanding. The listing provides a significant exit opportunity for creditors of the collapsed crypto lender Celsius Network, who became stakeholders in Ionic Digital as part of Celsius's bankruptcy resolution. The public debut marks a notable milestone for those claimholders, allowing them to convert their holdings into publicly traded equity.

0
Crypto & Web3CoinDesk ·

Russia charges Telegram founder Pavel Durov with aiding terrorism

Russian authorities have filed terrorism-related charges against Telegram founder Pavel Durov, marking a significant escalation in the country's legal pursuit of the messaging platform. If convicted, Durov could face life imprisonment. The case has been building throughout the year, with Telegram already incurring fines exceeding 100 million rubles in Russia during this period. The charges reflect ongoing tensions between Russian regulators and the encrypted messaging service over content moderation and compliance issues.

0
Crypto & Web3CoinDesk ·

Jito Foundation President Says Perpetuals Are Key to Bringing TradFi Onchain

Brian Smith, president of the Jito Foundation, has argued that perpetual futures contracts represent a critical gateway for migrating traditional finance onto blockchain networks. Smith describes perps as a 'trojan horse' strategy capable of drawing conventional financial players into the onchain ecosystem. His comments highlight the growing competition among blockchain platforms, with Solana seen as a key contender in capturing this market. The argument positions derivatives trading as a central battleground for blockchain adoption, rather than a niche crypto product.

0
Crypto & Web3CoinDesk ·

Bitcoin Tops $64,000 in Asia Trading Ahead of Fed Rate Decision

Bitcoin surpassed the $64,000 mark during Asian trading hours as markets await the Federal Reserve's upcoming interest rate decision. The consensus expectation among market participants is that the Fed will hold rates steady at its Wednesday meeting. However, a notable minority of analysts are not ruling out a surprise rate hike. Major financial institutions, including Citadel Securities and UBS, have flagged the possibility of such an unexpected move. The uncertainty surrounding the Fed's decision appears to be influencing crypto market activity.

0
Crypto & Web3CoinDesk ·

Firm Behind AI Trade That Triggered $60M Crypto Liquidations to Repay All Losses

A company's AI-driven trade caused approximately $60 million in cryptocurrency liquidations after its mark price dropped 19% in a single pre-market trade in South Korea. The sharp price movement triggered a cascade of forced liquidations across the market. Despite the significant fallout, the company defended its oracle system, stating it functioned exactly as intended. In response to the financial damage caused to traders, the firm has committed to covering all losses resulting from the incident.

0
Crypto & Web3CoinDesk ·

Citadel Predicts Fed Rate Hike Wednesday, Contradicting Bitcoin Analysts

Citadel's macro team is forecasting a Federal Reserve interest rate hike at Wednesday's meeting, a view that puts it at odds with bitcoin analysts who expect rates to be held steady. The firm argues the decision is not purely data-driven but rather a strategic move. According to Citadel, the timing is tied to maximizing the impact of a surprise before markets can fully anticipate it. One side of the debate will ultimately be proven wrong when the Fed announces its decision.

0
Crypto & Web3CoinDesk ·

Bitcoin Climbs Near $64,000 Despite South Korea Chip Stock Rout

Bitcoin rose approximately 1% on Wednesday, pushing toward the $64,000 mark. South Korean chipmaker SK Hynix saw its stock plunge 17% despite reporting a massive 557% surge in quarterly profit, as the results fell short of analyst estimates. The sharp selloff in the semiconductor sector, however, had no notable impact on cryptocurrency markets. Separately, the U.S. Federal Reserve is scheduled to announce its interest rate decision on the same day.

← NewerPage 10 of 38Older →