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Latest Crypto News

Policy

Nigeria Sues Binance for $81.5 Billion in Economic Losses, Back Taxes: Report

The Federal Inland Revenue Service is looking for $79.5 billion for economic losses and $2 billion plus interest in back taxes.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Finance

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Markets

LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

On-chain data tracked by Nansen shows 86% of traders lost money, a total of $251 million.

Rendering of a tunnel with walls of zeros and ones disappearing into the distance.

Tech

Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock

Rootstock's aim is to end Bitcoin's "isolation" from other chains due to its lack of native smart contracts.

Tree roots (StockSnap/Pixabay)

Consensus Hong Kong 2025 Coverage

MANTRA Launches Program for Real-World Asset Startups With Google Cloud Support

The program aims to drive innovation in tokenized real-world assets as blockchain adoption accelerates.

John Patrick Mullin, CEO & Co-Founder of MANTRA, and Richard Widmann, Global Head of Crypto Strategy at Google Cloud, speak at Consensus Hong Kong 2025 by CoinDesk. (CoinDesk/Personae Digital)

Markets

Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC

Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.

FastNews (CoinDesk)

Markets

DEX SecondSwap Launches Mainnet on Ethereum With Plans for Solana Expansion

Secondary markets for locked tokens refer to platforms or mechanisms where tokens that are under some form of lock-up or vesting schedule.

Stock exchange screen (Pixabay)

Consensus Hong Kong 2025 Coverage

CoinDesk Indices Launches CoinDesk 100, Memecoin Index in Industry Boost

Crypto exchange Bullish has listed perpetual futures on both indices, allowing traders to gain exposure to these benchmarks with deep liquidity and around-the-clock trading.

Ether charts signal seller fatigue. (TheDigitalArtist/Pixabay)

Finance

Memecoin Craze Is 'Unquestionably Over' as Crypto Heads Towards Maturation, Nic Carter Says

The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.

(Jacob Townsend/Unsplash)

Markets

Bitcoin Could Drop to $86K as Demand, Network Activity Falter: CryptoQuant

Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Tech

The Protocol: Story Protocol Launches Its IP-Focused Blockchain

Also: Ethereum developers release “Open Intents Framework,’ Monad & Orderly Join Forces, and Crypto’s Most Influential Investor?

Open Book

Policy

Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule

In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.

CoinDesk

Markets

TradFi Investors Piled $38.7B Into Bitcoin ETFs, Three Times More Than Previous Quarter

Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.

CoinDesk Indices

Onboarding the Buy-Side to Blockchain Rails

The right systems and processes must be in place to properly tokenize the trillions of dollars worth of potential real-world assets, says Blue Water Financial Technologies’ Peter Gaffney.

Railroad cars

Markets

Brazil Set to Launch World’s First Spot XRP ETF

The Hashdex Nasdaq XRP fund is currently in a pre-operational phase, but does not yet have an official start date.

Brazil's flag (Rafaela Biazi/Unsplash)

CoinDesk Indices

The Opportunity in High Yield Crypto-Backed Loans

BTC-backed loans could be a great way for traditional finance institutions to engage with crypto at scale, says BlockFill’s Ari Pine.

New York City Taxis