CoinDesk

We're thrilled to welcome a unique voice to #Consensus2025: Raine Maida, the visionary lead singer of Our Lady Peace and co-founder of Fandrop. 🎤🎶 Raine will share his perspective on leveraging Web3 principles to revolutionize artist-fan engagement and foster stronger, more direct communities at the intersection of technology, creativity, and the future of connection. Learn more and register for Consensus 2025: https://lnkd.in/e9aBVjs9

Securitize, the tokenization firm behind BlackRock's $2.4 billion BUIDL fund, just acquired MG Stover’s fund admin biz, becoming the largest digital asset fund administrator.

🎧 Catch the latest episode of 'THE MINING POD,’ in partnership with Blockspace Media! THE MINING POD: The Rise and Fall of Bitcoin Mining in Kazakhstan w/ Didar Bekbau Welcome back to The Mining Pod! Today, Didar Bekbau, CEO of Xive, joins us to analyze Kazakhstan's Bitcoin mining industry. Following China's 2021 mining ban, Kazakhstan briefly captured 15-18% of global hashrate, making it the second largest mining hub in the world, before government restrictions devastated the sector. Didar explains how aging Soviet-era infrastructure couldn't handle the surge, triggering a power price tax hike that drove miners to Russia and the US. He also explores whether Kazakhstan's energy-rich landscape might someday welcome miners back with proper planning and infrastructure investment. # Notes: - Kazakhstan peaked at 18% of global hash rate (2021) - Mining capacity dropped from 1600MW to ~200-400MW - Electricity tax reached $0.05-0.06 per kWh - Russia became primary destination for fleeing miners - Many miners relocated equipment to US and Russia - Grid infrastructure dated from 1960s-1980s Soviet era 📺 Watch: https://lnkd.in/eHQKDWbM 🎧 Spotify: https://lnkd.in/evFmvGCy 🎧 Apple: https://lnkd.in/eyFmGXPG

Afra Wang interviews the CEO of Polygon Labs ahead of his appearance at Consensus 2025: "Marc Boiron, CEO of Polygon Labs, speaks with a practiced clarity that reflects his background as a lawyer. Over the course of our conversation, he outlines Polygon's strategy to position itself as the connective tissue in an increasingly crowded blockchain ecosystem. As competition intensifies and market conditions fluctuate, Polygon is betting on a new product called AggLayer to unify the fragmented world of blockchain – a vision that's ambitious, though not without its challenges. Boiron's path to blockchain leadership followed an unconventional route through legal corridors. A former law firm partner, he served as Chief Legal Officer at dYdX before joining Polygon Labs in a similar capacity, eventually ascending to CEO. He talked about blockchain infrastructure, as the industry confronts questions of interoperability, scalability, and practical utility." #crypto #blockchain https://trib.al/jg04LBz

The CoinDesk 20 is currently trading at 2503.6, up 0.1% (+3.51) since 4 p.m. ET on Monday. Eight of 20 assets are trading higher. Leaders: BCH (+1.0%) and BTC (+0.7%). Laggards: APT (-3.5%) and NEAR (-3.0%). #InstitutionalInvesting #MarketInsights #AssetManagement #GlobalMarkets #DigitalAssets

XRP and solana are leading candidates for U.S. spot ETF approval due to their high liquidity, with XRP potentially launching earlier.

"Bitcoin is an adolescent asset with incomplete access to banking--it's too early to expect flight-to-quality, safe haven behavior. Long-term store of value--different story. (That being said, last week, bitcoin fared better than the classic safe haven, US Treasuries.)" With Jordan Smith on CNBC Crypto https://lnkd.in/ee_6kwzW CoinDesk | Kim Klemballa

Relatively to the past couple of weeks, it was a quiet trading day for both crypto and U.S. stocks, with both assets drifting modestly higher on Monday.

Last week's markets were fragile and unhedgeable. Michigan survey respondents predict 1-year inflation to be 6.7%, the highest since 1981(!). Meanwhile, bitcoin and CoinDesk 20 rose mid-single-digits on moderate volatility. Plenty of support here for allocating to digital assets. https://lnkd.in/eCYknywT

Circle's euro stablecoin EURC surged 43% in a month to a record supply of 217M. With U.S. dollar jitters rising, crypto investors are turning to euro assets, as Xapo Bank reports a 50% jump in euro deposits.