Coinbase’s Base Launches AI Tool for ChatGPT to Manage Crypto Wallets and DeFi Apps
Coinbase’s Ethereum Layer‑2 network Base introduced Base MCP, an AI integration that links users’ Base accounts to large language models such as ChatGPT, Claude and Cursor. The tool enables sending funds, swapping tokens, checking balances and interacting with DeFi protocols—including Uniswap, Morpho, Moonwell and Avantis—through plain‑language prompts. Base MCP operates via the Model Context Protocol, a nascent standard that securely exposes wallet functions to AI agents. The launch underscores Coinbase’s bet that conversational AI will become a primary gateway to on‑chain applications.
XRPL Could Close Its Biggest DeFi Gap if New AMM Amendment Passes
A draft amendment titled “AMM Swappable Curves” proposes to extend the XRP Ledger’s native automated market maker with three new pluggable curve types—constant product, concentrated liquidity, and StableSwap. The change would let liquidity providers choose pricing models that better match...
The Clarity Act Won’t Lead to Adoption without Crypto Tax Reform
The Clarity Act aims to give the U.S. crypto sector clear, enforceable rules, including mandatory Form 1099‑DA reporting for brokers. While the legislation tightens audit trails and defines a regulatory perimeter, the current tax framework forces investors to reconstruct cost bases...
TeraWulf Jumps 13% on AI Data Center Expansion in Kentucky
TeraWulf’s stock jumped 13% after unveiling a 1‑gigawatt AI‑focused data‑center campus in Kentucky. The Muskie Data Campus will roll out 500 MW in late 2028 and reach a full gigawatt by 2030, targeting high‑performance compute workloads. The announcement reflects a broader...
Bitcoin, Crypto Prices Tick up as US-Iran Peace Deal Odds Climb
Bitcoin rose 1.6% to $77,500 as Polymarket odds for a U.S.–Iran peace deal climbed to 37% this month, up from 14% on Friday. Iranian negotiators arrived in Doha, with Pakistan and Qatar mediating talks focused on the Strait of Hormuz...
Prometheum Bets Wall Street Distribution Is the Missing Link for Tokenized Securities
Prometheum has launched Digital Brokerage Solutions, enabling broker‑dealers and RIAs to offer tokenized securities through traditional brokerage accounts. Co‑founder Aaron Kaplan says distribution, not issuance, is the missing link for digital assets, and the firm aims to create a flywheel...
Hyperliquid Is Emerging as a Challenger to Traditional Exchanges and Prediction Markets, Says FalconX
Hyperliquid, once known for crypto perpetual futures, is branching into pre‑IPO trading, prediction contracts and tokenized real‑world assets. FalconX highlights the platform's new HIP‑3 and HIP‑4 markets, alongside a surge in HYPE‑linked ETFs that have drawn $53 million in early inflows....
Coinbase Does Not Fear Competition From Wall Street, Says Exchange Executive
Coinbase’s European policy chief told CoinDesk the firm isn’t worried about growing Wall Street involvement in crypto, emphasizing that the sector’s grassroots community cannot be replicated by traditional banks. The exchange disclosed a $1.49 loss per share, missing analysts’ expectations...
A Massive $1 Trillion Hidden Market Is Waiting to Be Unlocked in Bitcoin, Says New Report
Ledn’s new report forecasts the consumer bitcoin‑backed lending market could expand from roughly $3 billion today to as much as $1 trillion within the next decade. A survey of 1,244 crypto holders shows 88% would consider borrowing against their assets, yet only...
AI Is Speeding up the Quantum Threat to Crypto, Security Experts Warn
Artificial intelligence is accelerating quantum‑computing research, shrinking the timeline for machines that could break today’s elliptic‑curve encryption. Security experts warn that AI‑driven quantum advances turn the “harvest‑now, decrypt‑later” strategy into an imminent reality for both the broader internet and crypto...
Crypto Rails Are Becoming the Default Payment Layer for AI Agents, Report Says
AI agents transacted more than $73 million across roughly 176 million blockchain payments in the past year, according to a Keyrock report. The bulk of these machine‑to‑machine settlements—98.6%—were made in USDC, underscoring Circle’s dominance in stablecoin payments. Major players such as Coinbase,...
Bitcoin Is Ready to Beat Stocks and Bonds Again After Underperformance Against Wall Street
Bitcoin has broken its 142‑day streak of underperformance against the S&P 500, signaling a potential shift to outperformance over equities, bonds, and gold. Former Credit Suisse portfolio head Mark Connors attributes the change to persistent inflation, elevated oil prices, and a...
Bitcoin Tanks to $74,300 as Spot ETFs Bleed $2.26 Billion in Two Weeks
Bitcoin fell to about $74,300, more than 10 % below its early‑May peak, as rising U.S. and global Treasury yields dampened demand for risk‑free, zero‑yield assets. U.S. spot Bitcoin ETFs recorded $2.26 billion of net outflows over the past two weeks, the...
Robinhood Crypto COO Tanya Denisova Is Leaving Company Amid Revenue Slowdown
Robinhood’s first‑quarter earnings revealed a steep drop in crypto revenue, falling 47% year‑over‑year to $134 million. The decline coincided with the departure of COO Tanya Denisova, who has overseen the crypto division for over five years. The revenue miss contributed to...
SEC Commissioner Peirce Counters Views that Crypto Rule Will Foster Synthetic Tokens
SEC Commissioner Hester Peirce used X to refute circulating rumors that the agency’s pending token‑securities rule will permit synthetic tokens. She emphasized the proposal is limited to digital representations of existing equities, not third‑party synthetic instruments. The rule’s release has...
IREN Co-Founder Says AI’s Biggest Bottleneck Is Infrastructure, Not Chips
IREN co‑founder Dan Roberts says the biggest AI bottleneck has shifted from chips to physical infrastructure such as power, land and data‑center capacity. The company is building a vertically integrated platform that owns power assets, data centers, NVIDIA GPUs and...
Satoshi’s 1.1 Million Bitcoin and Millions More Can Be Saved From Quantum Attack, Says Expert
AmericanFortress unveiled a patent‑pending post‑quantum signature scheme that would protect existing crypto assets, including dormant wallets, via a backward‑compatible soft fork. The protocol aims to freeze and secure pre‑BIP32 Bitcoin addresses—such as Satoshi’s 1.1 million BTC and roughly 5 million dormant coins—while...
Mark Cuban Says He Sold Most of His Bitcoin After Failed Hedge Narrative 'Disappointed' The Billionaire
Mark Cuban, the $10 billion billionaire, announced he has sold most of his Bitcoin holdings after the cryptocurrency failed to act as a hedge during the recent Iran conflict and a weakening U.S. dollar. He noted that gold surged while Bitcoin...
Ethereum’s Identity Crisis Is Deepening After High-Profile 'Brain Drain' Frustrates the Community
The Ethereum Foundation (EF) is facing an identity crisis as several high‑profile researchers and contributors, including Dankrad Feist, have departed without public explanation. Community leaders argue the EF’s focus on ideology over tokenomics and growth has eroded its economic relevance,...
Crypto Prediction Markets Are Turning Into Dangerous National Security Risks, and Congress Wants to Ban Them
Investigators at Bubblemaps identified 80 bets on Polymarket with a 98% win rate tied to U.S. military actions against Iran, a performance they deem statistically impossible. The bets generated roughly $2.4 million for nine accounts, highlighting a potential insider‑trading pipeline that...
Crypto for Advisors: Crypto Products
CoinDesk’s "Crypto for Advisors" newsletter outlines how financial advisors should evaluate spot bitcoin exchange‑traded products (ETPs) that debuted in January 2024. It highlights fee structures, liquidity nuances, tracking error sources, and the importance of custody and sponsor profiles. The piece also...
MoonPay Expands Into Tokenized Assets and DeFi Markets with New Platform for Banks
MoonPay announced MoonPay Trade, a new platform that lets banks, fintechs and enterprises tap tokenized assets, stablecoins and DeFi protocols through a single integration. The service runs on Decent.xyz, a cross‑chain routing startup MoonPay bought for an estimated $80 million, and...
Peer-to-Peer Trading Startup Variational Raises $50 Million for Real-World Perps in Funding Round Led by Dragonfly
Variational, a peer‑to‑peer on‑chain derivatives protocol, closed a $50 million Series A round led by Dragonfly with participation from Bain Capital Crypto and Coinbase Ventures. The capital will fund the launch of perpetual futures tied to real‑world assets such as gold, silver,...
Blockchain.com Files with SEC for U.S. IPO
Blockchain.com has confidentially submitted a draft S‑1 registration statement to the U.S. Securities and Exchange Commission, signaling its intent to pursue a domestic IPO. The filing does not disclose the number of shares or price range, leaving valuation details pending....
Crypto Custody Firm Copper Is Looking to Sale the Company for $500 Million
Crypto custody firm Copper is seeking a $500 million sale, hiring Cantor Fitzgerald as advisor. Its flagship ClearLoop settlement system enables on‑platform delivery‑versus‑payment and supports over 1,000 active counterparties with roughly $50 billion of monthly notional trading. After shutting its enterprise custody...
The Protocol: Ethereum Foundation's High-Profile Departures Spark Fresh Debate
The Ethereum Foundation (EF) is facing a wave of high‑profile departures, reigniting community debate over its opaque governance and decentralized structure. Critics on X demand greater transparency as the nonprofit stewards a blockchain that underpins hundreds of billions in assets....
Why Trump's Bitcoin ETF Plans Likely Collapsed Before Getting Off the Ground
Trump Media & Technology Group withdrew its filings for a Truth Social Bitcoin ETF and a Bitcoin‑and‑Ethereum ETF in May 2026. Analysts attribute the pull‑back to a crowded spot Bitcoin ETF market, fee compression to as low as 14 basis points,...
EU Opens MiCA Consultation to Review if Crypto Framework Is Still Fit for Purpose
The European Commission has launched a public consultation to assess whether the EU’s Markets in Crypto‑Assets Regulation (MiCA) remains fit for purpose. MiCA, enacted in 2023, introduced the bloc’s first harmonised rules for crypto‑assets and stablecoins, with key provisions taking...
Vitalik Buterin Outlines Ethereum's Privacy Measures. Here Is What It Means for the Network and ETH
Ethereum co‑founder Vitalik Buterin announced three near‑term upgrades—account abstraction with FOCIL, keyed nonces, and access‑layer tools like the Kohaku privacy toolkit—to embed privacy directly into the protocol. These changes aim to make transactions uncensorable, hide on‑chain activity, and protect wallet queries...
SEC to Propose Tokenized Stock Framework as Wall Street Efforts Deepen: Bloomberg
The U.S. Securities and Exchange Commission is preparing an “innovation exemption” that would allow platforms to trade tokenized versions of publicly listed stocks under a lighter regulatory regime. The proposal could be released as early as this week, signaling a...
Revolut Wants to Take Dogecoin Mainstream with Its New Physical Payment Card
Revolut has launched a Dogecoin‑themed physical debit card that can be used wherever Visa or Mastercard are accepted, initially rolling out in the United Kingdom and most EU countries. The card incurs no extra exchange fees, applying real‑time conversion rates...
The Ethereum Foundation Is Facing a Wave of High-Profile Departures as Its Internal Shakeup Deepens
The Ethereum Foundation announced the departures of senior researchers Carl Beek and Julian Ma, adding to a recent wave of high‑profile exits that includes core coordinators Barnabé Monnot and Tim Beiko. The turnover coincides with an internal transition driven by...
Stripe-Backed Tempo Taps $7.5 Billion DeFi Lender Morpho to Expand Beyond Payments
Tempo, the Stripe‑ and Paradigm‑backed blockchain focused on stablecoin payments, has partnered with DeFi lender Morpho to bring its $7.5 billion lending marketplace onto the network. The integration adds on‑chain borrowing, lending and yield‑earning products, allowing fintechs and enterprises to put...
Ex-OpenAI's Leopold Aschenbrenner Bets Big on Crypto Miners for His $13.6 Billion AI Play
Leopold Aschenbrenner, a former OpenAI researcher, expanded his disclosed equity exposure to roughly $13.7 billion, concentrating on bitcoin miners and firms that provide electricity, data‑center capacity, and compute infrastructure for AI. He simultaneously opened about $7.5 billion in put options targeting major...
DeFi's New Front: VerifiedX Bets Bitcoin's Next Chapter Is Programmable, Private
VerifiedX unveiled a Bitcoin sidechain that delivers native, programmable transactions while preserving privacy, avoiding synthetic wrappers like wrapped Bitcoin. The platform’s vBTC token is fully collateralized and redeemable through self‑custodial threshold signatures and Taproot‑based addresses. Optional zero‑knowledge proofs add privacy...
A Russian Stablecoin Built to Dodge Sanctions Says It Can Survive Even if They're Lifted
Russian‑pegged stablecoin A7A5, built to sidestep sanctions, says it can stay competitive even if U.S. and EU measures are lifted. The token, valued at roughly $500 million, offers a 13.5% yield and aims to enable direct ruble swaps without relying on...
Jump Crypto’s ‘Firedancer’ Is Taking a Slow and Steady Approach to Its Long-Awaited Solana Infrastructure Rollout
Jump Crypto’s Firedancer validator client has quietly gone live on the Solana mainnet, processing tens of millions of transactions. The rollout is deliberately incremental, avoiding a mass public launch until comprehensive security audits are complete. Firedancer is positioned as a...
The $293 Million KelpDAO Hack Shows Why DeFi Is Finally Being Forced to Grow Up
The KelpDAO exploit siphoned roughly $293 million by targeting a vulnerability in LayerZero’s bridge infrastructure rather than a smart‑contract flaw. The breach highlights a broader trend in decentralized finance where operational, governance and third‑party dependencies pose the greatest risks. Leaders at...
Crypto Longs Lose $500 Million as Bitcoin Slides to $78,000, SOL and XRP Down 5%
Crypto longs suffered over $500 million in losses as Bitcoin slipped to roughly $78,000, erasing a week of gains. A 24‑hour liquidation wave wiped $581 million from the market, with $552 million coming from long positions and Bitcoin accounting for the largest single...
U.S. House Lawmakers Who Oversee the CFTC Are Urging Trump to Fill the Commission
U.S. House Agriculture Committee leaders urged President Donald Trump to appoint four new commissioners to the Commodity Futures Trading Commission, restoring a bipartisan five‑member board. The CFTC, currently led solely by Republican Chairman Mike Selig, is poised to expand oversight...
Saudi Arabia Is Tokenizing Its Multi-Trillion Dollar Economy to Protect Its Wealth From Global Shocks
Saudi Arabia is launching a $12.5 billion initiative, led by digital‑payments pioneer Faisal Monai, to tokenise real‑world assets through the droppRWA platform, beginning with real‑estate. The plan envisions a sovereign‑grade, tokenised financial system operating nationwide by 2030, with stablecoin‑based property settlement going...
Lombard Joins LayerZero Exodus as $4 Billion in Assets Switch to Chainlink's Bridge
Lombard, a DeFi protocol that issues bitcoin‑backed tokens, announced it will move more than $1 billion in assets from LayerZero to Chainlink’s Cross‑Chain Interoperability Protocol (CCIP). The migration follows a broader exodus of roughly $4 billion in crypto assets shifting to Chainlink...
Thorchain Halts Trading After $10 Million Cross-Chain Exploit, RUNE Token Drops 12%
Thorchain, the decentralized cross‑chain liquidity protocol, suffered a $10.8 million exploit spanning Bitcoin, Ethereum, BSC and Base, prompting an immediate halt to all trading and signing operations. The attacker’s wallets now hold roughly 3,443 ETH (about $7.8 million), 36.85 BTC (around $3.0 million) and 96.6 BNB...
Cardano Whales Now Hold 67% of ADA Supply in Highest Share Since 2020
Cardano’s largest holders—wallets with at least one million ADA—now control 25.09 billion tokens, roughly 67% of the circulating supply, the highest concentration since July 2020. This accumulation has continued despite a 71% drop in ADA’s market cap over the past nine months,...
Bitcoin Back Above $81,000 After Hot CPI Print, BNB, DOGE Lead Majors Gains
Bitcoin quickly recovered from a dip to $79,800, climbing back above $81,000 after the U.S. April CPI showed a hotter‑than‑expected 3.8% year‑over‑year rise. The rebound was fueled by aggressive dip‑buying and marked the strongest weekly inflows into crypto funds in...
The Ethereum Foundation Unveils New 'Clear Signing' Standard to Stop Users From Approving Malicious Crypto Transactions
The Ethereum Foundation, together with leading wallet developers, is launching a new security standard called Clear Signing, built on the proposed ERC‑7730 specification. The framework replaces cryptic code strings with human‑readable prompts that show assets, recipients, and permissions before a...
Stablecoin Yield Infrastructure Project Raises $13.5M in Round Led by Sky Ecosystem
Osero, a Stablewatch‑incubated stablecoin‑yield infrastructure project, raised $13.5 million in a round led by Sky Ecosystem and co‑led by Plasma. The funding will underwrite the first cohort of Osero Foundry allocations and support product development across its Earn, App and Foundry suites....
Bitcoin’s Bull-Bear Cycle Indicator Turns Green for First Time Since March 2023
CryptoQuant's Bitcoin bull‑bear cycle indicator turned green for the first time since March 2023, signaling an early shift from bear‑market behavior toward a recovering market structure. Analysts say the green signal marks a regime change but caution that price must sustain...
Binance's Chief Marketing Officer Rachel Conlan to Leave the Exchange
Binance announced that chief marketing officer Rachel Conlan will depart on June 15, 2026 after roughly three years leading the exchange’s brand initiatives. Former Trust Wallet chief executive Eowyn Chen will step in as interim CMO while Conlan remains an adviser...
Anchorage Is Stepping Back From Robinhood and Kraken-Backed Stablecoin Group
Anchorage Digital, the first federally chartered crypto bank in the United States, announced it will step back from a front‑line role in the Global Dollar stablecoin (USDG) consortium, which includes Robinhood and Kraken. The firm will adopt a more neutral...