Coinbase Trials AI Agents Modeled on Decision-Making of Former Executives
Coinbase is testing AI agents designed to replicate the decision-making styles of company co-founder Fred Ehrsam and former CTO Balaji Srinivasan. The exchange describes both figures as 'legendary' in framing the experim...
Data Shows Bitcoin Conference Rallies Rarely Hold as BTC Climbs Ahead of Flagship Event
Bitcoin is rallying as a major industry conference approaches, but historical data suggests these pre-conference price gains tend to be short-lived. CoinDesk analysis shows that in most prior cycles, BTC gave back its co...
Bitcoin April Options Expiry: How $7.9B in Contracts Could Move Prices
Nearly $7.9 billion in bitcoin options are set to expire in April, a level that analysts say could create significant price volatility. CoinDesk breaks down how the distribution of puts and calls at key strike prices may...
Lydian Launches Visa Platinum Crypto Card for Everyday Digital Asset Spending
Lydian has introduced the Lydian Card, a co-branded Visa Platinum card designed to let users spend digital assets on everyday purchases. The card aims to bridge the gap between crypto holdings and mainstream consumer pay...
Saylor Teases 'Even Bigger' Bitcoin Purchase After $1B Buy
Strategy's Michael Saylor posted cryptic hints of a larger Bitcoin acquisition on Sunday, just days after the company disclosed $1 billion in BTC purchases. The tease comes alongside Saylor's recent proposal of semi-mont...
Coinbase Tests AI Agents Integrated Into Slack and Email
Coinbase is piloting AI agents capable of appearing in workplace tools like Slack and email, according to CEO Brian Armstrong. Armstrong predicted that AI agents will soon outnumber human employees at the company and wil...
Vercel Confirms 'Limited' Breach After Hacker Lists User Data for $2M
Cloud hosting firm Vercel confirmed it was compromised after a threat actor posted the company's user information for sale on a hacking forum for $2 million. The company described the breach as 'limited' in scope but did...
Bitcoin and Ethereum Diverge on Quantum Security Strategy
Bitcoin and Ethereum are pursuing different approaches to address emerging quantum computing threats to blockchain cryptography. The analysis highlights the long-term risks posed by quantum machines to current cryptograp...
Bitcoin Erases Weekend Gains as US-Iran Tensions Escalate
Bitcoin briefly crashed below $74,000 on Sunday, erasing recent weekend gains amid renewed geopolitical fears. Iran threatened retaliation after a US military seizure of an Iranian cargo ship, rattling risk assets broadl...
Polymarket in Talks to Raise $400M at $15B Valuation
Prediction market platform Polymarket is reportedly in discussions to raise $400 million at a $15 billion valuation. The figure would still fall short of rival platform Kalshi's $22 billion valuation from its most recent...
Kelp DAO Hack Triggers $13B DeFi Wipeout; Lazarus Group Blamed
A hack of Kelp DAO drained approximately $290–$293M (sources differ slightly on the figure) and triggered a broader DeFi collapse exceeding $13 billion in two days. Aave's TVL dropped $8B and its token fell nearly 20% ...
Hackers Used Social Engineering to Hijack eth.limo Domain
Hackers impersonated the eth.limo team in a sophisticated social engineering attack to seize control of its domain, according to a post-mortem report. EasyDNS CEO Mark Jeftovic confirmed the attack was highly sophisticat...
Vercel Security Breach Forces Crypto Developers to Secure API Keys
A hack at Vercel has prompted crypto developers to urgently review and lock down their API keys. The incident highlights supply-chain security risks for developer tooling widely used in the crypto space....
$292 Million Kelp DeFi Exploit: How It Happened and Its Implications
CoinDesk reports on a $292 million exploit targeting Kelp, detailing the mechanics of the attack and its broader consequences for the decentralized finance ecosystem....
Moody's Analyst: Stablecoins Pose No Near-Term Threat to Banks
A Moody's analyst argues that stablecoins are unlikely to erode banks' market share in the near term. Key reasons cited include a prohibition on yield-bearing stablecoins and the robustness of existing US payments infras...
Kelp DAO $291M Hack Triggers Aave Liquidity Crunch, $6B Deposit Flight
Attackers drained $291 million from Kelp DAO-linked infrastructure, triggering a cascade of panic withdrawals and a liquidity crunch on Aave, where users struggled to pull funds. Aave saw roughly $6 billion in deposits e...
2024 Bitcoin Halving Cycle 'Dramatically' Underperforming Prior Cycles: Galaxy Analyst
Volatility and upside potential have been declining with each successive Bitcoin halving cycle, with the post-2024 halving period performing dramatically worse than its predecessors, according to Galaxy's Alex Thorn. How...
Consensus Policy Summit Preview: Inside the State of Crypto Regulation
CoinDesk offers a preview of the upcoming Policy Summit at Consensus, examining the current regulatory landscape for the crypto industry. The event is expected to bring together policymakers and industry leaders to discu...
Web3 Venture Capital Faces Growing Differentiation Problem
A CoinDesk analysis argues that Web3 venture capital firms are struggling to stand out from one another as the market matures, raising questions about how investors can distinguish their value proposition to founders and...
The 10 Public Companies Holding the Largest Bitcoin Portfolios
A new ranking highlights the publicly traded companies with the biggest Bitcoin holdings, led by firms such as Strategy, Twenty One, and Metaplanet, which collectively hold billions of dollars in BTC. These corporate wha...