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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  2. ALLCoinDesk

    Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

    Goldman Sachs’ $100 billion Treasury fund, FTIXX, is being made accessible to institutional digital-asset firms through Lynq, a settlement network used by crypto companies, without tokenization, according to CoinDesk. Unlike BlackRock’s BUIDL and Franklin Templeton’s BENJI, which are tokenized, FTIXX remains a traditional fund, with Lynq serving as a new distribution channel rather than creating a blockchain-based version. The fund will allow firms on Lynq to earn yield on cash between trades and access it when needed, with certain onboarding and eligibility requirements in place. Lynq, which operates on a permissioned Avalanche blockchain, has over 30 institutional clients and more than $89 million in assets onboarded, with FTIXX now the second asset available for institutional clients on the platform.

  3. ETHEREUMCoinDesk

    The restaking gold rush is over, and top protocols are barely making a profit

    The restaking market, which once secured around $19.7 billion and grew significantly in early 2024, has largely diminished, with recent fees generating only about $99,977 in a week, and assets restaked falling below 1% of total deposits. Ether.fi announced it will sever its last tie to EigenLayer due to the lack of meaningful yield and perceived risks, shifting towards a "crypto neobank" model offering services like crypto spending, borrowing, and tokenized assets. Despite the technological stability of EigenLayer and related services, the sector's profitability has declined, with the five largest liquid restaking tokens earning a combined gross profit of approximately $953,350 in Q2 2026, down from $2.18 million three quarters earlier. The article highlights that the original idea of restaking generating double yields no longer holds, as decreasing incentives, increased risks, and incidents like the Kelp hack have rendered the business model unsustainable for many protocols.

  6. ALLCoinDesk

    AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns

    Apollo's Chief Economist, Torsten Slok, warned that the widespread use of AI assistants, such as Meta’s Muse, could lead to a slow-motion bank run by automatically transferring household cash into higher-yield accounts, potentially draining the cheap deposits that banks rely on to fund loans. He emphasized that firms offering higher interest rates, like Revolut and SoFi, could incentivize households to move their money away from traditional checking accounts. This shift could threaten the broader financial system by reducing banks' access to inexpensive deposits needed for lending. The report also notes that crypto payment infrastructure, including protocols like Coinbase’s x402, supports agentic finance, facilitating instant transactions without traditional banking methods.

  11. ALLCoinDesk

    Traders aren't panicking yet despite cooling crypto sentiment

    According to CoinDesk, Bitcoin and other major cryptocurrencies have experienced pressure since last Monday's uptrend stalled, but traders are not exhibiting signs of panic, as indicated by the options market metric skew. The data show that downside puts are relatively cheaper and not in heightened demand, suggesting traders are not currently positioning for a crash or significant sell-off. While bullish sentiment has cooled, with calls becoming less in demand, implied volatility remains near cycle lows, indicating options are still cheap. Some demand for puts has increased recently, but it is unclear whether this is a short-term hedge or indicative of a broader regime shift.

  16. ALLCoinDesk

    Eyes on key U.S. employment data as crypto bulls take a breather: Crypto Week Ahead

    Following a recent rally, Bitcoin has experienced a decline of about 1% since Friday and more than 2% over the past 24 hours, as it pulls back from the $84,000 level. Investors are digesting the recent price surge while focusing on upcoming macroeconomic events, including U.S. jobless claims and other economic indicators, after the Federal Reserve raised the benchmark rate to 4%. Additionally, Solana has activated a major upgrade to its consensus protocol, aimed at improving network efficiency. Several governance votes are underway in the crypto space, such as a proposal from World Liberty Financial to promote community voting, which concludes on Sept. 28. The broader macro calendar also includes important U.S. economic data releases scheduled throughout the upcoming days.

  21. ALLCoinDesk

    Stablecoin payments firm Redot

    The stablecoin payments company said the audit is part of its preparations to go public, disputing an August report that the listing had been put on hold.

  23. ALTCOINSCoinDesk

    Solana ETFs draw record $188 million in a week as Bitwise takes two-thirds of inflows

    U.S. spot Solana ETFs experienced a record week with a total of $188 million in net inflows, according to CoinDesk. Bitwise’s BSOL fund led the inflows, capturing approximately $128 million, or 68% of the total, and has accumulated around $1.2 billion of the group’s $1.6 billion in total inflows. The increase in demand coincides with Solana developers testing Alpenglow, an upgrade aimed at significantly reducing payment finality time from about 12.8 seconds to roughly 150 milliseconds. The record flows were notably driven by Friday alone, which saw nearly $87 million added across the funds, including $56 million for Bitwise and $19 million for Grayscale.