CoinDesk Crypto

Bitcoin, after months of laggard movements downward, has seen a notable rally. The largest cryptocurrency by market value is now trading above $20,000. This is significant not only because it's the first meaningful jump since the collapse of the FTX exchange, but also because bit

Sold a beachside paradise with A-list models including Kendall Jenner, millennials swarmed to the Bahamas in 2017 for the ill-fated Fyre Festival.We all know what happened next: Wrecked local businesses, dilapidated cheese sandwiches and deceived customers who formed a class-acti

2022 was an utterly forgettable year for digital currencies. Bitcoin, the largest by market value in the lot, shed nearly two-thirds of its value, while losses for smaller, more speculative cryptocurrencies were far more severe.

Although the international crypto space has evolved dramatically in the years since Bitcoin’s launch, new data concludes that more than 90% of altcoins released in the last decade have gone bust, proving not only Bitcoin’s appeal and success, but also its immense standing power.

DAVOS, Switzerland — The crypto industry showed up in force at the World Economic Forum’s annual conference in May 2022.Eight months, numerous bankruptcies and a major collapse later, the industry is still present in Davos, Switzerland, but with a more subdued presenc

Silvergate Bank (SI) started in San Diego in 1988 as a savings and loan association (S&L) when that was all the rage. It’s a bank now – for … uh … reasons – that markets itself as a “leading provider of innovative financial infrastructure

As a new year gets underway I know that I don’t need to buy anything for the crypto-skeptic in my life. As an industry we’ve already bought them, at a cost of billions of dollars, a gift that’s genuinely priceless and always in style: the smug self-satisfaction

During the House Financial Services Committee’s FTX hearings last month, Rep. Jesus Garcia (D-Ill.) described crypto as “an entire industry” that “thinks it's above the law,” and then said something that irked me even more than that unhelpful opening

The American Psychiatric Association in 1973 instituted what’s known as “The Goldwater Rule.” This then-novel principle of medical ethics held that psychiatrists should not make diagnoses of public figures at a distance, for instance based on public statements.L

Another one bites the FTX dust. The Securities and Exchange Commission (SEC) announced this week that it had charged Genesis and Winklevoss twins-founded Gemini for "the unregistered offer and sale of...

2022 was a difficult year for retail investors. Between record-high inflation levels, geopolitical conflict, and the meltdown of the crypto industry, it is no surprise that most retail investors are feeling uneasy in the new year.

CoinDesk’s fees for Public Access to Court Electronic Records (PACER) went up tenfold over the past few months. You can probably guess why. A lot of the major crypto bankruptcy cases we’re following are now in full swing. FTX, BlockFi and Voyager Digital are all deep

This past year has created an unprecedented risk event for the Bitcoin community. While we’ve seen this level of spot price volatility before, the leverage within the mining community has reached record levels. This has compounded the effects of debt exposure with falling s

Proof of reserves has dominated industry conversation since the FTX collapse in early November.

Sam Bankman-Fried’s surprise Substack post Thursday included these charitable lines: “Nearly all of my assets were and still are utilizable to backstop FTX customers,” he wrote. “I have, for instance, offered to contribute nearly all of my personal shares

Instagram es una de las plataformas de redes sociales más importantes del mundo, con alrededor de 2000 millones de usuarios activos mensualmente. A principios de este año, su empresa matriz, Meta Platform, comenzó a probar el intercambio de tokens no fungible

It’s been 14 years since the first bitcoin transaction was sent. On Jan. 12, 2009, Satoshi Nakamoto, the pseudonymous creator of the Bitcoin system, sent Hal Finney, a well-regarded cryptographer and computer scientist, 10 bitcoin (BTC). This test transaction, sent before B

After federal regulators including the Securities and Exchange Commission and the Department of Labor as well as Finra, the largest independent industry regulator, perhaps no one speaks louder on advisor best practices and compliance than the Certified Financial Planner Board of

For years, drawing attention to your company could be as simple as adding a crypto-y word to your name or touting new cryptocurrency-related initiatives.From Long Island Iced Tea Corp.’s infamous 2017 decision to rebrand itself as Long Blockchain Corp., which sent its stock

Instagram is one of the largest social media platforms in the world, with around 2 billion monthly active users. Early last year, its parent company Meta Platforms began testing out non-fungible token (NFT) sharing, allowing select users to connect to their digital wallets and sh