For the past nine months, overall macro conditions have taken a back seat to the idiosyncratic failures (FTX, Terra's LUNA/UST, BlockFi, CoinDesk sister company Genesis) and success stories (the Ethereum Merge, various layer 2 launches) that drove most of the price action. But ma
Last week, Benjamin Von Wong unveiled an art installation he was commissioned to create by Greenpeace USA for its “Change the Code, Not the Climate” campaign. The $5 million campaign is funded by Ripple co-founder Chris Larsen and aims to change Bitcoin's proof-of-wor
Illia Polosukhin didn’t set out to build a blockchain protocol. Ever since he was a 10-year-old in Ukraine, Polosukhin has been fascinated by machine learning and artificial intelligence – he thinks it might have started with seeing the movies “The Matrix”
“If you are not upset … you are not paying attention …” I haven’t used this phrase since a U.S. president separated children from parents, but it is time to break it out again.As a former public servant, I believe there is a role for the government
If there was a bitcoin marketing team, the last month would be as good as it gets for them.Confidence in banks in the U.S. and Europe has been decimated and people are scrambling for an alternative to protect their dollars. Enter bitcoin (BTC), an asset that was created for entir
Many U.K. crypto companies are finding it difficult to obtain banking services because numerous banks are limiting their interaction with the sector altogether, crypto advocates said.Following the collapse of the U.S.’s Silicon Valley, Silvergate and Signature banks, U.S. c
The developing world’s case for bitcoin is starting to resonate in the developed world.I, like many, have long argued it’s easier to explain bitcoin to people who live within dysfunctional financial and political systems than to those from stable, developed economies
Traditional media has problems. Almost no one will dispute this. For over a decade, the publishing industry has struggled to eke out profits, keep pace with new technologies and stick an IV into dying newsrooms. Local news has been gutted. Newspapers are an endangered species.Ash
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings
When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment made a splash in the industry.Before spectacularly collapsing in November, FTX had been one of largest players i
It was a triple whammy from the U.S. Securities and Exchange Commission on Wednesday. Coinbase said it received a message saying the SEC essentially intends to sue over violations related to the largest U.S. cryptocurrency exchange’s staking service and possibly token listi
Earlier this week, Gov. Ron DeSantis announced legislation to amend Florida’s Uniform Commercial Code (UCC) to prohibit central bank digital currencies (CBDC) from serving as money under Florida law. Gov. DeSantis, a potential candidate for the Republican presidential nomin
Nasdaq’s interest in new technologies is instrumental to reimagining the capital markets of tomorrow. As we explore these new avenues, we recently hosted the C-Suite preview for NFT.NYC conference at MarketSite, connecting Web2 companies to Web3 strategies.
Over the last few weeks, we saw Silicon Valley Bank close and get taken over by the Federal Deposit Insurance Corporation, which guaranteed deposits and put it up for auction.We saw runs and failures at more banks, including Silvergate Bank and Signature Bank, spurring fear of ru
“No CBDC in Florida.” That’s what Gov. Ron DeSantis of Florida proclaimed on Monday morning as he unveiled new legislation blocking the adoption of central bank digital currency (CBDC) in his state.DeSantis isn’t alone. Last month, Rep. Tom Emmer (R-Minn.)
This week, Florida Governor Ron DeSantis proposed legislation to try to prevent the federal government from deploying a central bank digital currency (CBDC) in his state. That move reflects an unfortunate uptick in politicization and is ultimately unlikely to succeed.Alongside a