Crypto users are choosing juicy yields over protection, putting billions at risk of hacks
DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of...
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s...
Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for...
CoinDesk 20 performance update: BNB is only gainer as index drops 2%
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
Bitcoin gives up Clarity Act gains as macro rout wipes out leveraged crypto bulls
Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.
CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks
CME Group and ICE have reportedly warned the CFTC and Capitol Hill officials that Hyperliquid’s decentralized perpetual futures platform could enable market manipulation and...
Iran war shows markets no longer sleep
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Crypto market structure bill clears key hurdle as ethics debate looms over floor vote
The Clarity Act cleared the Senate Banking Committee with bipartisan support, setting up a potential full Senate vote within weeks.