Mentioning “tokenization of real-world assets” to some of my longer-serving colleagues at CoinDesk can elicit eye rolls – they’ve heard it all before.But at the risk of falling into the “this time is different” optimism trap, I would say the cu
This weekend marks the culmination of ETHDenver, probably the most important annual gathering for smart contract and decentralized finance (DeFi) developers right now, on Ethereum and beyond. I wish I could be there this year, but I’m still recovering from a pretty intense
A brutal winter in crypto is thawing into a promising spring. And as the industry looks to revitalize its reputation, a new trading model is helping to build credibility back by providing a pathway...
One of the crypto sector's core banks, Silvergate Capital Corp., is being hollowed out in a classic customer retreat familiar to students of bank-run history.The latest and most severe flight of customers from the La Jolla, California-based institution was accelerated this week b
It was just over four months ago when Blur launched as a no-fee non-fungible token (NFT) marketplace targeting "pro" NFT traders. Its no-frills user interface and advanced features like “floor sweeping” across multiple marketplaces, fast "snipe reveals" and portfolio
Crypto banking is in a mess. The collapse of the FTX exchange caused damaging runs on two U.S. regulated banks. One of them – Silvergate Capital Corp. – had to sell assets at a loss to repay depositors and lenders, and as a result has now warned that it may not be abl
As firms add more and more blockchains to their strategic road maps, I grow more and more frustrated. Where, I keep wondering, do firms have the money to properly understand and implement such an enormous array of blockchains in their operations? At EY, it costs us about $500,000
We’ve all heard about hibernation, when animals in the wilderness conserve energy during periods of unfavorable weather conditions and food shortages. Bears, for example, reduce their metabolic state in the winter to conserve energy, only to later emerge in the spring leane
The Securities and Exchange Commission has been cracking down on crypto, setting off warning bells in the U.S. One fear is that regulatory uncertainty will push crypto industry players to avoid doing business in the country. There are some signs that this isn't mere alarmism.Cryp
Earlier this year, American Banker reported that two of the principal banks friendly to the U.S. crypto industry, Silvergate and Signature, took out loans from a federal program originally set up to back mortgage lending. This was a painful thing to learn in some corners of the c
The rise of cryptocurrencies over the past decade has been nothing short of remarkable, with bitcoin alone surpassing a market capitalization of over $1 trillion in 2021. Yet, despite this surge in popularity, many financial advisors remain hesitant or even dismissive towards cry
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales.Even though mining economics have improved only marginally as bitcoin trades above $20,000, capital is starting to flow into the sector once ag
Understandably, crypto regulation is getting a lot of attention. But for investors looking to allocate capital over a longer horizon, focusing too much on tracking legislation and industry legal woes may be a distraction to long-term success.So what’s an investor to do when
Federal prosecutors have shared more information about their case against FTX founder Sam Bankman-Fried. Between two new indictments and civil suits against another former FTX executive, we now have a much clearer picture about what the Department of Justice thinks it has.You&rsq
The live events industry is projected to grow to $1.55 trillion by 2028, with significant growth predicted in all major segments of events from sports and music to conferences and corporate events. Sounds good, doesn’t it? But there’s something troubling about this st
A new and detailed investigation by Forbes has raised significant questions about the management and custody of customer assets and stablecoin collateral by Binance. There are many possible explanations for the nature and intent of certain on-chain transactions highlighted by For
This week, Glenn Williams Jr. argues that decentralized exchanges (DEX) have an intriguing road ahead amid the wreckage of FTX.Then, Kelly Chambers of THEIA8900 notes the digital-asset myopia among financial advisers focused on bitcoin (BTC) and Ethereum’s ETH.
The crypto market has been battered since 2022, and it has been a rollercoaster for several assets. Implosions, fears of contagion and ensuing confusion have put an enormous strain on several of...
On Feb. 22 came the publication of what will surely become an instant classic application of the Howey Test, part of a 64-page opinion written by Judge Victor Marrero of the U.S. District Court, Southern District of New York. In denying the motion by Dapper Labs and its CEO to di