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More SEC Case Updates

Late Friday, attorneys with the U.S. Securities and Exchange Commission and Binance filed a joint status report asking a federal judge to continue a 60-day pause in the case for another 60 days. You’re reading State of Crypto, a CoinDesk newsletter …

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Crypto Valley Exchange Bets ‘Smart Clearing’ Is DeFi Derivatives’ Missing Link

The complex pipes that keep derivatives trades moving are about to get a major efficiency boost in DeFi, according to Crypto Valley Exchange. Crypto Valley Exchange’s “smart clearing” protocol will lower the capital requirements for …

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Altcoin Action in Powertrade’s Options Market Heats Up Driven by XRP, SOL and DOGE

Activity in PowerTrade’s options market for alternative cryptocurrencies (altcoins) picked pace this week as heightened market volatility prompted traders to seek derivatives for hedging and speculative opportunities. Trading volume in XRP options …

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How the Hype for HyperLiquid’s Vault Evaporated on Concerns Over Centralization

Just two months ago, the total value of funds locked (TVL) on HyperLiquid, a decentralized derivatives exchange (DEX) that allows traders to generate returns by staking to a shared vault, sat at a record $540 million. Now, users are fleeing, TVL …

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How DeFi ‘Defied’ Market Carnage as Traders Poured Millions Amid Panic

This week’s tariff-inspired market meltdown has led to a rapid sell-off across crypto-assets, with BTC trading below $80K and ETH hitting a two-year low of $1,432. The decentralized finance (DeFi) sector was not entirely immune to the chaos as total …

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Bitcoin Likely to Become More Volatile After Entering $70K–$80K ‘Air Pocket’

The bitcoin (BTC) price is likely to become more volatile after dipping below $75,000 twice in the past week as it extends its drop from the all-time high of $109,000 reached on Jan 20. That’s taken it into what Glassnode shows as an “air pocket …

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Bitcoin Bears Eye $70K, Ether Drops 10% as Trump Tariffs Start Global Menace

Bitcoin (BTC) dipped to nearly $75,000 early Wednesday, before slightly recovering, as Trump’s sweeping küresel tariffs went into effect on Wednesday. Ether (ETH) dived 10%, leading losses among major tokens, with xrp (XRP), dogecoin (DOGE), BNB Chain …

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Bitcoin Hashrate Surpasses 1 Zettahash as Miner Revenue Hits Record Low

For the first time ever, bitcoin’s (BTC) hashrate hit 1 zettahash (1 ZH/s) on Friday, according to veri from Glassnode. The previous record was set on Jan. 31, when the network hit 975 exahashes per second (EH/s). Bitcoin first reached 1 EH/s in …

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Crypto Sell-Off Worsens With XRP, SOL, DOGE Down 20%, Traders See More Pain Ahead of US Open

A crypto market sell-off went from bad to brutal in European morning hours Monday as bitcoin pierced the $75,000 level — extending losses on major tokens to nearly 20%. Tokens XRP, solana (SOL), and dogecoin (DOGE) plunged over 5% in the hours ahead …

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Ben Fielding: Decentralizing Machine Intelligence

It started with a noisy desk. The desk was a wooden cubicle in a lab at Northumbria University, in northern England, where a young AI researcher began his PhD track. This was in 2015. The researcher was Ben Fielding, who had built a large machine …

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