The Nasdaq mostly erased an early 2% loss Thursday after reports that Iran is drafting a protocol with Oman to manage traffic through the Strait of Hormuz, easing concerns about disruptions to a key global oil route. WTI crude oil — which had surged to nearly $115 per barrel as President Trump vowed to continue
In today’s newsletter, Paul Frost-Smith, CEO of Komainu, covers how institutional crypto is converging with traditional finance, but speed can introduce risk if legal and compliance layers aren’t aligned. Then, in “Ask an Expert,” Sam Boboev, from the “Fintech Wrap Up,” details the key coordination risks institutions must solve for. Beyond custody: why connectivity will
Coinbase’s AI-focused payment protocol x402 is moving toward becoming an open, standardized infrastructure under the Linux Foundation, the non-profit hub for open-source software development. The move aims to create a community-governed ecosystem for high-frequency, micro transactions that legacy finance can’t efficiently handle. The protocol has formed an initial governing body, the x402 Foundation, that includes
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1875.68, down 4.5% (-88.38) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: CRO (-2.5%) and BCH (-3.0%). Laggards: UNI (-7.7%) and SOL
The quantum computing risks for Bitcoin (BTC) and cryptocurrencies have become one of the most debated topics recently, with statements from prominent figures in the sector continuing to emerge. Finally, Coinbase CEO Brian Armstrong made important statements on the subject. Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the US, called for a
Tokenization, one of the most popular concepts in the cryptocurrency world recently, combines traditional financial assets with blockchain technology. The tokenization sector is expected to grow significantly, reaching nearly $19 trillion by 2033. As this area continues to grow and attract attention, Grayscale has made some important announcements. Speaking at the EthCC conference in Cannes,
Most of the crypto industry spent this week processing Google’s paper on how quantum computers could break blockchain encryption. One startup is asking a different question — whether quantum hardware can make blockchains better. Postquant Labs, which is building the world’s shared quantum computer, Quip.Network announced Wednesday the launch of what it calls the first
SoFi said Thursday it is launching a new business banking platform designed to let companies handle both traditional money and crypto in one place, as it pushes deeper into digital assets. The service, called SoFi Big Business Banking, allows firms to hold U.S. dollars, convert them into stablecoins and move funds around the clock, all
France’s Lightning Stock Exchange, known as Lise, is preparing to host what could become Europe’s first fully onchain stock market debut, a step that brings tokenization into the initial public offering (IPO) process. The Paris-based exchange, approved last year under the EU’s Distributed Ledger Technology (DLT) pilot regime, plans to list French aerospace supplier ST
Key takeaways $BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin ($BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery