Is DeFi done for in the U.S.? Last week, in one fell swoop, the Commodity Futures Trading Commission (CFTC) sued three separate companies building some of the most respectable decentralized finance protocols. Deridex, Opyn and ZeroEx were all accused of illegally offering financi
This weekend kicked off the G20 summit in India, which will apparently deliver a group agreement on the need for stricter global regulation on crypto assets, according to a report Sept. 6 in The Hindu.Noelle Acheson is the former head of research at CoinDesk and Genesis Trading.
The venture capital space has lost significant momentum over the last few quarters. Global venture funding is nearly half of what it was last year. Whatever remains of the market is now being directed toward AI funds. AI has become the golden goose for VC firms after the turbulen
Proponents of a digital euro are facing political opposition to their plans for a central bank digital currency (CBDC) – and technocratic central bankers aren’t sure how to respond.In the European Union (EU), officials have advanced multiple arguments in favor of issu
Crypto isn't dead for everyone. GOBankingRates surveyed 1,091 Americans aged 18 and older from across the country in August and found that most millennials and Gen Xers aren't ready to turn away from...
PayPal's launch of its stablecoin showcases the company’s focus on becoming a crypto payment giant and aims to make PYUSD a key part of its payment infrastructure.
We are all slowly losing something we barely noticed we had: the right to transact. A couple decades ago, it was inconceivable that an overbearing government would freeze payments as a means of social control. Today, a system of pervasive censorship of transactions is emerging to
Central bank digital currencies (CBDCs) have emerged as a transformative force reshaping the world of currency and finance. Among the nations embarking on this groundbreaking journey is Russia, as it has recently launched its own digital ruble.
Loans are as old as money. Throughout history, whether seeds or gold, every form of currency has had its lending market. Now, Bitcoin, with its decentralized and transparent nature, has staked its own claim in the financial landscape. And just like the currencies that came before
We only find out if something is anti-fragile when it either breaks or evolves from adversity; decentralized finance (DeFi) has been through a lot, but it has never been broken. Instead, it established itself as a Darwinian sandbox for battle-testing new and old concepts in finan
A ruling dismissing a putative class action lawsuit against Uniswap will almost definitely come up again in other lawsuits involving securities law and crypto entities. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and g
One sliver of the crypto market seems to be rebounding: staking. Despite the doom and gloom cast over the entire blockchain industry after the cascading crisis that was 2022 and the fact that the global economy is in uncharted territory, as noted by Federal Reserve Chair Jerome P
Despite a multi-year market slowdown, there are signs working in favor of the Web3 industry. Long-held claims about regulatory uncertainty have been validated and a major political win came in the form of a scathing rebuke of how the U.S. Security and Exchange Commission (SEC) is
The hotly-anticipated Bitcoin ETF has seen contentious developments, as Grayscale wins a challenge against the Securities and Exchange Commission (SEC), and the price of Bitcoin has fluctuated wildly in response.
At what we hope is the end of a bitter crypto winter, history offers foresight that good times will return. According to the eminent professor Carlota Perez, technology is adopted in predictable waves — exuberant bubbles are followed by seemingly existential crashes prior t
In a world where digital currencies and blockchain technology are gaining momentum, the emergence of Generation Z (Gen Z) as a driving force behind cryptocurrency adoption is nothing short of fascinating.
New demand for bitcoin could lead to more constrained supply, in turn sending prices higher. Should that scenario play out as expected, other established crypto-correlated ETFs stand to benefit.
As decentralized finance, or DeFi, continues to evolve and mature, the concept of total value locked – a measure of how much money users have stashed in a given protocol – has also gained significant attention. Originally focused on digital assets such as cryptocurren