Better and Coinbase launch bitcoin-backed mortgages with collateral reuse

Better Mortgage and Coinbase have introduced bitcoin-backed mortgages that let borrowers use their BTC as collateral. A key feature is that Better can reuse the pledged bitcoin, and borrowers cannot recover their crypto until the underlying conventional mortgage is fully repaid or refinanced.
- The arrangement lets lenders redeploy the collateral rather than holding it idle.
- Borrowers' bitcoin stays locked until the main mortgage is cleared.
Bank of Korea: dollar stablecoins can weaken local currencies

A Bank of Korea study finds that dollar-backed stablecoins can push local currencies lower. Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance their positions.
Investor recovers $4.5M in 2012 bitcoin left on Intersango

A British investor who believed he had lost roughly $2,000 in bitcoin in 2012 has recovered $4.5 million worth, according to CEL Solicitors. The firm said it identified a wallet holding more than 5,500 BTC linked to former users of the defunct exchange Intersango, where the investor's coins had been stranded.
The recovery illustrates the growing value of early bitcoin hoards lost on closed exchanges and the legal work now devoted to tracing them. No further details on the investor or the recovery process were disclosed.
Southeast Asia crypto funding rebounds to $680M

Blockchain and crypto investment in Southeast Asia rebounded in 2026 to $680 million, with funding concentrated in crypto financial services, according to a new market report. Capital remains heavily skewed toward Singapore and a small number of more mature companies, signaling investors favoring established players over early-stage bets.
Trump denies involvement with Solana memecoin address
President Trump said he does not run the Solana address/token solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN, distancing himself from the digital asset bearing his name. The brief statement, shared by CoinDesk, gives no detail on the token's origins.
- The remark comes amid a wave of Trump-branded memecoins and addresses circulating in crypto markets.
- No wallet, issuance or relationship details were provided.
OpenReserve gets preliminary OCC approval for national bank

OpenReserve, the a16z-backed blockchain bank, received preliminary approval from the OCC to charter a full-service national bank. The proposed bank covers deposits, lending, tokenized deposits, digital asset custody and a stablecoin subsidiary. The preliminary/provisional charter is an initial step toward full operation under OCC supervision. OpenReserve joins a growing wave of crypto-native institutions securing federal banking charters this cycle.
Ripple signs multi-year sponsorship with University of Florida

Ripple has signed a multi-year partnership with the University of Florida, placing $XRP logos on the field at Ben Hill Griffin Stadium, the Gators' home football venue, starting this weekend. The deal extends Ripple's push into mainstream brand visibility through sports sponsorship alongside its stablecoin and tokenization businesses. Financial terms of the agreement were not disclosed.
AMC CEO threatens legal action over Robinhood tokenized shares
AMC Entertainment CEO Adam Aron publicly called on Robinhood to stop trading tokens linked to AMC shares and threatened legal action, arguing the tokenized products could undermine capital raising and deny investors shareholder rights. The criticism revives questions about how traditional equities are brought on-chain and whether tokenized versions compete with or complement the original stock.
Crypto campaign launched to support people of Nepal
Web3 figures, including Polygon co-founder Sandeep Nailwal, are kicking off a crypto campaign to support the people of Nepal, with proceeds going to the Government of Nepal's Prime Minister relief effort. The announcement came via a CoinDesk-shared social post, with commitment details and fundraising targets not yet specified.
AMC CEO blasts Robinhood tokenized shares as synthetic

AMC Entertainment CEO Adam Aron publicly criticized Robinhood's tokenized stock offering, saying synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights. Some tokenization executives backed Aron's concerns, reviving questions about how traditional equities are brought on-chain.
OCC grants provisional charter to blockchain bank OpenReserve
The U.S. banking agency issued a provisional full-service bank charter to OpenReserve, a crypto-native bank, permitting it to begin operating while meeting the charter's conditions.
Polymarket raises $1 billion at $21 billion valuation
Prediction market Polymarket raised $1 billion in a round led by Donald Trump Jr.'s 1789 Capital, valuing the platform at $21 billion.
Fasset raises $68M at $1B valuation with SBI backing
Stablecoin neobank Fasset raised $68 million, reaching a $1 billion valuation with support from SBI for its payments push.
Dismissed three top editors
After Bullish forced the removal of an article about Tron founder Justin Sun, editor-in-chief Kevin Reynolds and deputy editors Nick Baker and Marc Hochstein were let go, raising concerns about the outlet's editorial independence from its owner.
CoinDesk 20 Index launched
CoinDesk Indices introduced the CoinDesk 20 Index, a fully investable benchmark measuring the performance of the top digital assets (launched January 12, 2024, with a base date of October 4, 2022).
Acquired by Bullish
Crypto exchange Bullish, led by former NYSE president Tom Farley, acquired CoinDesk from DCG in an all-cash deal (reported around $72.6–75 million).
Published Alameda Research/FTT story
Ian Allison reported that Alameda Research held a significant portion of its assets in FTX's native token FTT, triggering a bank run and liquidity crisis that culminated in FTX's bankruptcy filing on November 11, 2022.
Acquired TradeBlock
CoinDesk purchased cryptocurrency data analytics firm TradeBlock to expand its data and analytics offerings.
Established CoinDesk Korea
CoinDesk launched a South Korean blockchain news service in collaboration with 22nd Century Media, a subsidiary of Hankyoreh Co.
Acquired Lawnmower
CoinDesk acquired blockchain data and research platform Lawnmower.
Acquired by Digital Currency Group
DCG, Barry Silbert's firm, acquired the leading bitcoin news site for an estimated $500,000–600,000.
CoinDesk Bitcoin Price Index launched
The BPI, an average of bitcoin prices across exchanges (initially Bitstamp, BTC-e and CampBX), launched in September 2013; Mt. Gox was added in November 2013.
CoinDesk founded
CoinDesk launched in May 2013 as a news site covering bitcoin and digital currencies; founded by Shakil Khan.