Pareidolia is a phenomenon where people see a pattern where there isn’t one (like a face on the moon). The tendency to look for patterns where there are none is helpful in the wild: It’s better to see illusory predators than to miss the ones that are out to kill you.
It has been more than a decade since Satoshi introduced the world to the peer-to-peer electronic cash system called Bitcoin, and yet the regulatory landscape for crypto-assets remains a dark forest. After one of the most eventful years in crypto to date, what can we expect from t
Sam Bankman-Fried walked out of federal court on Thursday essentially a free man.News outlets all around the globe reported that Bankman-Fried got out of jail by posting a gargantuan, unprecedented “$250 million bond.” In court, Assistant U.S. Attorney Nicholas Roos d
If Elon Musk’s controversial leadership of Twitter sends the platform into the slow death spiral many are predicting, what happens to Crypto Twitter?Insider Intelligence this week predicted Twitter will lose 30 million users over the next two years. That’s about 10% o
Bitcoin saw plenty of ups and downs in 2022, but one particular win was the growing acknowledgement that Bitcoin is good for humanity’s relationship with energy and the environment. Is it possible 2023 is the year energy FUD around Bitcoin finally dies?Kent Halliburton is t
As cults of personality and centralized platforms lose their sheen, we must return to the fundamentals that drove the crypto industry at its inception: decentralization, self-custody and economic empowerment for all. In a phrase: decentralized finance (DeFi).DeFi brings a lot of
In 2015, the Ethereum protocol proposed a vision for a decentralized world computer capable of rearchitecting a free and open internet – removed from the whims and constraints of centralized entities. While Ethereum has become the foundation for Web3 as we know it, its grow
The recent crash of FTX was a startling revelation for the industry, as well as financial markets worldwide. Ultimately, these “black swan” events only reinforce why decentralized financial systems are so critical for future economies.
Over 100 bitcoin belonging to collapsed crypto exchange QuadrigaCX has left wallets tied to the exchange, with a majority flowing through a privacy tool. That probably isn’t good news.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of
Key takeaways:Determining the population of Decentraland on an average day, or at events like its Music Festival, is a difficult task because the metaverse is fraught with bots.CoinDesk worked with data company Atlas Corp. to create a number that reflects what we believe is an ac
If 2021 was the “Year of the Cryptocurrency,” then 2022 was the year it collapsed. Millions were made and lost by crypto investors while crypto companies were built and folded.With 2023 right around the corner, one thing is clear: the “Roaring Twenties” er
Mientras el 2022 llega a su fin, muy pocos se atreverían a mirar atrás a nuestra naciente industria y afirmar que ha estado a la altura de su potencial. Las criptomonedas fueron una revolución en todos los sentidos de la palabra: una forma de democratizar el
With founder Sam Bankman-Fried in FBI custody, his senior lieutenants cutting deals with prosecutors, and as many as 1 million creditors still waiting to get their money back, there seem to be few winners from the collapse of the FTX crypto exchange.However, one group is definite
We all know loyalty and reward programs. In their simplest form, they are the punch card at your local coffee shop. Buy four and get the fifth one free. In their most complex form, they are an inscrutable and ever-changing formula for earning and redeeming rewards at some of the
In 2022, brands spent $297.5 billion on marketing in the U.S. Globally, advertisers spent over $1 trillion. Even with the prospect of recession looming, many marketers expect their budgets to increase in 2023. It’s not getting any easier to reach audiences in Web2. As fast
Next year will be a big year for building in “tech crypto.”While the investment side of crypto (aka “money crypto”) struggles to repair grotesque violations of trust in centralized finance (CeFi), tech crypto must focus even more intently on improving user
As 2022 draws to a close, few would look back on our nascent industry and say it has lived up to its potential. Crypto began as a revolution in every sense of the word: a way to democratize access to finance and a revolution against the current financial system and its attendant
If there’s one big thing that the mainstream coverage has missed about the various collapses in the crypto space over the past year, it’s this:The downfall of crypto had very little to do with crypto.
If you've been on Twitter over the last two years you've likely come across an influencer or celebrity sporting a Bored Ape Yacht Club profile picture (PFP). The colorful cartoon ape non-fungible tokens (NFT) have become something of a cultural phenomenon since launching in April