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The latest crypto headlines, updated continuously. · Page 162

Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
crypto3 months ago

Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow

The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PAC-backed candidates won elsewhere.

CoinDesk

Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
crypto3 months ago

Crypto-backed Michigan House incumbent loses primary despite $2M PAC support

A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.

Cointelegraph

Western Union brings stablecoin remittances to Visa network with Stablecard
crypto3 months ago

Western Union brings stablecoin remittances to Visa network with Stablecard

The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.

Cointelegraph

Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
crypto3 months ago

Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say

Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs.

CoinDesk

Crypto Long & Short: Putting the bitcoin sizing question to the test
crypto3 months ago

Crypto Long & Short: Putting the bitcoin sizing question to the test

In a follow-up to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing how a straight bitcoin position, a large-cap basket and a trend-managed sleeve part ways and why the way you hold bitcoin can matter as much as how much you hold.

CoinDesk

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record
crypto3 months ago

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.

Cointelegraph

Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes
crypto3 months ago

Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes

Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery.

CoinDesk

Crypto whales accumulate as bear market nears late stage: CryptoQuant
crypto3 months ago

Crypto whales accumulate as bear market nears late stage: CryptoQuant

Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.

Cointelegraph

Do the Coldcard attacks mean all hardware wallets are now insecure?
crypto3 months ago

Do the Coldcard attacks mean all hardware wallets are now insecure?

The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.

Cointelegraph

Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
crypto3 months ago

Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE

Laser’s investment in ZIGChain is understood to be in the single-digit millions.

CoinDesk

Galaxy reports $85M net loss amid Q2 crypto market slump
crypto3 months ago

Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.

Cointelegraph

Mastercard, Borderless test shared identity checks for stablecoin transfers
crypto3 months ago

Mastercard, Borderless test shared identity checks for stablecoin transfers

Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.

Cointelegraph

Ondo Finance hires former Blockchain.com CFO Adam Schlisman
crypto3 months ago

Ondo Finance hires former Blockchain.com CFO Adam Schlisman

The tokenized-assets firm appointed ex-Blockchain.com and Monashee executive as finance chief as it expands its onchain capital markets business.

CoinDesk

Crypto may have institutionalized, but it still trades like a rumor mill
crypto3 months ago

Crypto may have institutionalized, but it still trades like a rumor mill

The more institutional crypto becomes, the more it prices on headlines. The edge now is reading the positioning data underneath, not reacting to the narrative on top.

CoinDesk

Galaxy Digital shares slip 5% after second-quarter results
crypto3 months ago

Galaxy Digital shares slip 5% after second-quarter results

Helios produced data-center revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3.

CoinDesk

AI agent token once worth $2.4 billion ends with founder calling it dead
crypto3 months ago

AI agent token once worth $2.4 billion ends with founder calling it dead

Eliza Labs founder Shaw Walters said the ELIZAOS foundation is closing and that holders should sell, ending the token that replaced AI16Z after a lawsuit, a rebrand and a 97% crash.

CoinDesk

SpaceX extends decline to 11% on lockup expiration and capex spending fears
crypto3 months ago

SpaceX extends decline to 11% on lockup expiration and capex spending fears

The company reported no BTC sales in the second quarter, but shares fell before the open as investors focused on capital spending, free cash flow pressure and a looming insider lockup expiry.

CoinDesk

Yellow Card raises $40 million to link banks to stablecoin processing
crypto3 months ago

Yellow Card raises $40 million to link banks to stablecoin processing

The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago.

CoinDesk