The Securities and Exchange Commission (SEC) recently had a no-good, very bad day because of a district judge’s ruling in the SEC’s action against Ripple’s XRP token. Despite issuing a statement filled with bravado and the kind of detachment from reality that mi
Yesterday, a day of no particular importance during the depths of a brutal bear market when crypto has been kicked around by seemingly everyone, the steeple bells peeled in goblin town.On Thursday, the news spread quickly across Crypto Twitter, Slack, Discord and Telegram that a
A U.S. court ruling partly in Ripple’s favor may augur well for other cryptocurrency firms fighting litigation from the Securities and Exchange Commission – if the decision survives potential appeal.This year, the SEC has come after exchange platforms such as Coinbase
Without question, new and advanced technologies such as emotion detection and affect recognition technologies, neurotechnologies, and XR and other metaversal technologies, among others, raise significant privacy-related concerns. Each new category of technology penetrates a layer
This week’s strike by Hollywood actors, who have joined writers on a work stoppage, reflects a hard truth about the Web2 economy: the platform streaming industry’s economics don’t work.It’s another reminder that everyone involved in creative production sho
Depending on your perspective, this week brought a double dose of black pills for those who held out hope of salvaging cryptocurrency users’ privacy – or white pills for those seeking greater transparency for a $1 trillion market.First, Arkham Intelligence, a on-chain
The dramatic arrest of Celsius founder Alex Mashinsky on Thursday adds extra fuel to an already fiery debate over how to treat crypto – and whether 100-year–old laws are sufficient to regulate the likes of Binance and Coinbase.The action by multiple federal regulators
What, legally speaking, is a cryptocurrency token sold to the public?Following Thursday’s bombshell split decision by judge Analisa Torres of the Southern District of New York (SDNY) in SEC v. Ripple Labs et al., the answer appears to be that XRP is both an unlawfully sold
On July 10, the Dubai Virtual Assets Regulatory Authority (VARA) suspended BitOasis’s conditional license to engage in activities related to digital assets. This action by the Dubai regulator is representative of and lends credence to the novel approach the United Arab Emir
The list of alleged lies from former Celsius Network Chief Executive and co-founder Alex Mashinsky is long. And if the lawsuits filed by multiple U.S. agencies Thursday are to be believed, Mashinsky’s campaign of deception – intended to entice users to treat the now b
The list of alleged lies from former Celsius Network Chief Executive and co-founder Alex Mashinsky is long. And if the lawsuits filed by multiple U.S. agencies Thursday are to be believed, Mashinsky’s campaign of deception – intended to entice users to treat the now b
In a few short years, conferences and expos have brought the blockchain community beyond the screen by gathering the industry’s most prominent innovators and thought leaders under one roof.
The recently approved Markets in Crypto Assets (MiCA) regulation is expected to provide much needed regulatory clarity and serve as a standard for global crypto regulations. But besides spurring a new wave of development in the industry, perhaps one of the most promising results
Two weeks ago, the Wall Street Journal reported that the U.S. Securities and Exchange Commission (SEC) thought the recent spate of applications for spot bitcoin exchange-traded funds (ETF) were inadequate because they weren’t clear and comprehensive.The SEC wanted the filin
By now, many of us have seen this graph comparing internet adoption to crypto adoption.Crypto is adding new users at a pace so similar to the internet’s 1990s growth that it can fuel stunning forecasts for what’s ahead for digital assets.
Flipping through the channels this past weekend, I landed briefly on this year’s Major League Baseball draft. Believe it or not, as the event progressed, thoughts of digital assets crossed my mind.Admittedly, baseball and crypto don’t have the most tangible (or even t
Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway).You’re reading State of Crypto, a CoinDesk newsl
While Islamic finance originated within Muslim communities, it has gained increasing relevance beyond these communities due to its unique features and potential for global financial inclusion.
Twitter has been ripe for disruption for years now. People love to complain about it or leave in protest of how terrible it’s become. There have been many opportunities for Twitter to be challenged by a decentralized social network that truly empowers users. And there have
Several critical bugs on the Twitter-like social media platform Mastodon were patched last week, after researchers funded by the Mozilla Foundation tipped their hat to the vulnerabilities. The situation shows one of the fundamental tradeoffs in open-source software development: t