Archives for September 28, 2026

Revenue grew 12-fold last year to nearly $4.6 billion. Nearly a quarter of it came from just two customers, and the company warned that many of its largest clients are not locked into long-term contracts. Anthropic held $20.28 billion in cash and short-term investments at the end of 2025. Crypto traders barely reacted Anthropic pre-IPO […]

“Bitcoin has pulled back to $83K, testing the lower boundary of last week’s consolidation range,” Alex Kuptsikevich, chief market analyst at FxPro, said in an email to CoinDesk. “As with the market as a whole, a retest of the $82K region, where peaks were formed in May and early September, is entirely to be expected […]

“There’s a convergence now that you’re seeing between traditional market participants and digital asset market participants as well,” Lynq CEO Jerald David said in an interview with CoinDesk TV. For firms using Lynq, FTIXX gives them somewhere to put cash between trades rather than leaving it sitting around. They can earn yield on the money […]

EigenLayer held $19.7 billion at its peak and liquid restaking tokens grew more than 1,000% in the first six weeks of 2024. But the services buying security never paid enough to cover both the base staking yield and a premium on top, so the second yield restaking promised never materialized. On Sept. 8, DefiLlama’s restaking […]

U.S. dollar-pegged stablecoin Tether is a go-to tool for the Iranian government to bypass sanctions, a new report from a group of Senate Democrats said. Democrats on the Senate’s Homeland Security and Governmental Affairs Committee’s Permanent Subcommittee on Intelligence published a report Monday laying out the argument that Tether USDT$1.0000 plays a key role in […]

“If every household used AI agents to optimize the return on their cash balances, banks could lose a large share of the cheap deposits they rely on to make loans, which would be a problem for the entire financial system,” he noted. Agentic finance refers to AI that acts rather than just answers. These agents […]

LayerZero blamed Kelp for using one verifier instead of several, while Kelp said LayerZero staff had reviewed its setup and never objected. CoinGecko data showed nearly half of active LayerZero apps used the same one-verifier arrangement, and Kelp said it would move rsETH to Chainlink. CCIP 2.0 offers a similar menu of verifiers, which lets […]

Crypto exchange Bitget lost about $388 million in a Sept. 24 breach after an attacker bypassed security controls protecting its exchange wallets. The company has since said it has identified and fixed the vulnerability, though it has not publicly detailed how the attacker gained access. The exchange had published attacker addresses and offered a 5% […]

In plain English, puts are relatively pricier than calls, but the relatively richness is barely even noticeable compared to the typical reading of around -4.41 over the past year or so. In other words, puts usually cost a lot more than they do now. The takeway, therefore, is that bitcoin traders are chasing puts they […]