27+ min ago   (483+ words) The mood among top venture capitalists at Consensus Hong Kong was not retreat, but recalibration, as the crypto market experienced a prolonged downturn. Hasseeb Qureshi, managing partner at Dragonfly, described today's venture market as a "barbell:" On one side, proven…...

1+ hour, 2+ min ago   (1231+ words) Margaux is a DeFi reporter at CoinDesk, focusing on the rapidly evolving decentralized finance landscape with a particular emphasis on the Ethereum and Solana ecosystems. Prior to that, Margaux was on CoinDesk's Tech & Protocols team covering the Ethereum protocol and…...

1+ hour, 30+ min ago   (486+ words) After crashing throughout the week, bitcoin BTC$66,944.44 bottomed late last Thursday at $60,000 before a mammoth Friday rally took the price nearly 20% higher to just shy of $72,000. That bounce, however, is looking more and more like the "dead cat" type. In…...

2+ hour, 12+ min ago   (289+ words) The intersection of crypto and artificial intelligence (AI) has entered a quieter, more selective phase, according to two prominent venture capitalists. Anand Iyer of Canonical Crypto and Kelvin Koh of Spartan Group described the current climate as a post-hype moment…...

2+ hour, 31+ min ago   (322+ words) BlackRock, the world-wide largest asset manager, on Wednesday said it will make shares of its tokenized U.S. Treasury fund, BUIDL, tradable on Uniswap, marking the asset manager's first step into decentralized finance (DeFi). As part of the move, BlackRock also disclosed…...

2+ hour, 45+ min ago   (389+ words) Robinhood (HOOD) shares slumped 10% in early trading on Wednesday after fourth-quarter revenue missed estimates, with a decline in crypto trading impacting results. The popular trading app reported fourth-quarter earnings per share of $0.66, beating expectations of $0.63. However, revenue came in at…...

3+ hour, 8+ min ago   (83+ words) The CoinDesk 20 is currently trading at 1909.89, down 2.5% (-49.09) since 4 p.m. ET on Tuesday. None of the 20 assets are trading higher. Leaders: BCH (-0.5%) and UNI (-1.2%).Laggards: APT (-4.1%) and BNB (-3.7%). Crypto Long & Short: Gen Z trusts code over bank promises In this week's Crypto…...

3+ hour, 48+ min ago   (241+ words) Paxful Holdings, which pleaded guilty last year to accusations from U.S. authorities that it had fostered illegal prostitution, violated money-laundering laws and knowingly handled criminal proceeds, was sentenced to pay a $4 million penalty, much reduced because of the business" current ability…...

4+ hour, 6+ min ago   (469+ words) Hong Kong, one of the world's major financial hubs, has long been committed to cryptocurrency and blockchain technology " but it faces a competitive challenge from the crypto-friendly UAE. This was a fact acknowledged by panelists Joseph Chan, under secretary for…...

4+ hour, 32+ min ago   (464+ words) HONG KONG " Consensus Hong Kong's first day wrapped up with the promise of new financial products tied to crypto in the Special Administrative Region of China. Hong Kong's chief executive and financial secretary and the CEO of the Securities and…...