CoinDesk Crypto

The term "degen," short for degenerate, has become a term of endearment in the crypto community. Its usage stems from the high-risk, high-reward nature of digital asset trading – and the propensity for people to bet the house. If Wall Street ever looked down on crypto&rsquo

“Is it art? All of these people really amuse us, but the annoying thing is that none of them are worthy of the title ‘artist.’ It’s a con, a hoax, and endangering art history and the whole aesthetic tradition.”What sounds like an argument during a de

Let’s face it, crypto still has a reputation problem and, as of now, rightfully so – but 2023 is the moment to change that at a root level. Recent events have only accentuated a lack of trust in the space from both businesses and consumers. The worst part is that this

The law is catching up with Sam Bankman-Fried, colloquially "SBF," co-founder and former CEO of collapsed crypto exchange FTX.The whole situation has led to a loss of trust in the cryptocurrency industry, which needs to be addressed by financial advisors.

There’s a brutal liquidity squeeze going on. As central banks withdraw fiat currency from their economies at a rate not seen since the early 1980s, financial institutions that have relied on easy money are finding it hard to survive. The crypto industry is among the worst a

Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.You’re reading State of Crypto, a CoinDesk ne

This fall, the Biden administration in the U.S. released a framework outlining a potential way to regulate the emerging digital asset industry. The report also came with a proposal for studying a central bank digital currency (CBDC), which seems like the direction the whole world

In the early years, people left Wall Street for crypto because they believed in the future of this industry. It was fundamentally different from traditional finance. Then somewhere during the last bull run, the calculus changed. We started filtering candidates not on their crypto

In the early years, people left Wall Street for crypto because they believed in the future of this industry. It was fundamentally different from traditional finance. Then somewhere during the last bull run, the calculus changed. We started filtering candidates not on their crypto

I was about to get on a plane late Monday when the arrest of FTX and Alameda Research founder Sam Bankman-Fried in the Bahamas first became public. His profound and manifold criminality has been obvious for weeks, with more signs of disturbing corruption seeming to emerge daily.T

The king of crypto, bitcoin, has had a poor year after reaching a record high in November of last year with its price is down more than 70%.

Remember the halcyon days of DeFi summer? Bitcoin was roaring, the Grayscale arbitrage trade was wide open, the basis trade was just getting going, traditional finance (TradFi) interest rates were plummeting and the broader public started to realize that a fully liquid 10% on sta

Movies about stock traders and investors often depict Wall Street mercenaries with great hair or uber-nerds wedded to their computers, but the age of the human trader is already a thing of the past. Welcome to the age of the “bot.”Trading bots use algorithms that exec

The BFT and VATRENI are just two examples of a new kind of crypto called fan tokens.

Monday’s arrest of Sam Bankman-Fried (“SBF”) capped off a historic period in the world of memes, money and mayhem that is the cryptocurrency industry. The arrest of the FTX exchange founder drew mainstream headlines that greatly overshadowed the other big crypto

It's no secret that most of 2022 has been a pretty rough year for the crypto market. The industry has been hit with everything from crashes to bankruptcies, to fraud allegations, massive fines,...

With Hong Kong likely to issue its electronic Hong Kong Dollar (e-HKD), this month, U.S. policymakers need to anticipate what a successful issuance of Hong Kong’s digital fiat means for the existing global financial order. An examination of why Hong Kong may want its own ce

There has never been a time in the world’s history where environmental sustainability for major businesses has been more critical. The planet is showing signs of dramatic change, and the public is calling for greater accountability from all industries. Often, the blockchain

Whether it’s Verizon courting government contracts for its 5G upgrade, blockchain startups deploying routers with crypto mining incentives, or Elon Musk making Starlink available to the Ukrainian resistance, broadband and internet of things (IoT) are the new battleground fo

Déjà vu. You know that feeling, when you momentarily are not sure of where you are in the timeline and you wonder what you’ve missed. We’re there now.The “blockchain not bitcoin” chorus seems to be re-emerging, taking us back to the 2016-18 h