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1 week ago | 
coindesk.com | Ian Allison |Sheldon Reback
Share this articleBy Ian Allison|Edited by Sheldon Reback Apr 17, 2025, 1:00 p.m. The Stellar Development Foundation is aiming for a 10x increase in the value of real-world assets held on-chain compared with last year. As well as existing partnerships with Franklin Templeton and Wisdom Tress, Stellar is working with Paxos, Ondo, Etherfuse and SG Forge.
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1 week ago | 
coindesk.com | Francisco Rodrigues |Omkar Godbole |Shaurya Malwa |Sheldon Reback
By Francisco Rodrigues (All times ET unless indicated otherwise)President Donald Trump’s “reciprocal tariffs” announcement earlier this month drove the economic trade policy uncertainty index to a record high and sent investors away from risk assets, which include bitcoin (BTC) and other cryptocurrencies. By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
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1 week ago | 
coindesk.com | Jamie Crawley |Sheldon Reback
Share this articleBy Jamie Crawley|Edited by Sheldon Reback Apr 17, 2025, 9:05 a.m. Auradine, a maker of computing rigs for bitcoin mining and AI, raised $153 million in a Series C funding round. The Silicon Valley, California-based company also formed AuraLinks AI, focused on open-standards to address cooling requirements of next-generation AI data centers.
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1 week ago | 
coindesk.com | Omkar Godbole |Sheldon Reback
President Donald Trump's trade war has introduced significant volatility to financial markets since March, prompting investors to chase assets they believe provide a hedge in this turbulent environment. What's clear: Bitcoin (BTC) is not one of them, much to the dismay of bullish investors who have long thought of the largest cryptocurrency as digital gold either as a store of value or a haven investment.
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1 week ago | 
coindesk.com | William Canny |Sheldon Reback
Share this articleBy Will Canny|Edited by Sheldon Reback Apr 16, 2025, 3:09 p.m. Pure play miners outperformed those with HPC exposure in the first two weeks of April, the report noted. The network hashrate rose, while the bitcoin price fell, which pressured mining economics, the bank said. JPMorgan noted that only MARA Holdings and CleanSpark outperformed bitcoin over the first two weeks of the month.
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1 week ago | 
coindesk.com | Francisco Rodrigues |Omkar Godbole |Shaurya Malwa |Sheldon Reback
By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency prices are down across the board over the last 24 hours amid a wider risk asset sell-off triggered by deepening U.S.-China trade tensions. By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy. The White House said China now “faces up to a 245% tariff on imports” and imposed new restrictions on chip exports to the country.
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1 week ago | 
coindesk.com | James Van Straten |Sheldon Reback
Matt Cole, CEO of Strive Asset Management, fresh from persuading video retailer GameStop to convert some of its cash reserve into bitcoin (BTC), wrote to urge financial software developer Intuit (INTU) to reverse what he described as "censorship policies" and an “anti-bitcoin bias” that could jeopardize long-term shareholder value.
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1 week ago | 
coindesk.com | Ian Allison |Sheldon Reback
Share this articleBy Ian Allison|Edited by Sheldon Reback Apr 15, 2025, 4:24 p.m. Banks and payment firms are set to enter the stablecoin industry as regulations evolve to make that possible. Ran Goldi, SVP of payments at Fireblocks, said he expects to see as many as 50 more stablecoins by the end of this year.
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1 week ago | 
coindesk.com | William Canny |Sheldon Reback
Share this articleBy Will Canny|Edited by Sheldon Reback Apr 15, 2025, 2:37 p.m. The passage of the Genius Act in the U.S. could lead to a massive jump in stablecoin supply, Standard Chartered said. The stablecoin market could grow to $2 trillion by the end of 2028 from $230 billion currently, the report said. The bank said an increase in stablecoin supply has implications for U.S. Treasury buying and dollar hegemony.
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1 week ago | 
coindesk.com | Oliver Knight |Sheldon Reback
Share this articleBy Oliver Knight|Edited by Sheldon RebackUpdated Apr 15, 2025, 2:35 p.m. Published Apr 15, 2025, 2:28 p.m. Layer-2 blockchain ZKSync said an admin wallet was compromised on Tuesday. The hacker managed to steal $5 million worth of ZK tokens. The ZK token has dropped almost 14% in the past 24 hours. An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens.
