CoinDesk Crypto

Justin Sun, founder of the Tron blockchain and Grenada’s ambassador to the World Trade Organization, said that, if anything, the collapse of UST and LUNA was a good lesson in what not to do when building an algorithmic stablecoin.Before it collapsed, the combined value of T

LimeWire is coming back to life as a digital collectibles marketplace, and it's starting with a partnership with Universal Music Group, according to a press release issued by UMG. POLL: Do You Think...

As Luna's price fell and investors ran for the exits, the meltdown sent shivers across the crypto space, prompting U.S. regulators to sound fresh alarms against the space and warning investors about the danger of stablecoins.

However, even with all this media attention, the adoption of cryptocurrency and NFTs is fairly slow in the U.S. About one in 10 people in the U.S. report that they own crypto, with just 2.8% reporting that they have bought an NFT.

The founder of one so-called decentralized stablecoin thinks Terra’s collapse is a wake-up call for anyone who hasn’t already seen the inherent risks in another kind of stablecoins – uncollateralized, algorithmic stablecoins.This article is excerpted from The No

Happy Friday, readers. David Z. Morris here, filling in for Michael Casey.For the past six weeks, I’ve had an eagle eye on the terraUST (UST) algorithmic stablecoin system, first writing about why it would collapse, then watching as it did exactly that. The human tragedy ha

Dogecoin is a cryptocurrency that began as an entertaining joke but has since gone on to see massive gains – and losses. Here is a look at how the price may develop.

If you had to guess which generation is experiencing the most success investing in cryptocurrency, chances are you might place your bets on Generation Z. In April 2022, GOBankingRates surveyed 1,037...

When you send a Bitcoin transaction currently, it goes a little something like this: You acquire an address from your recipient, you pick out which unspent transaction outputs (or UTXOs, what the cool folks call “coins”) you want to send, and you sign a transaction wi

I sometimes wish there were a way to trade when people say stupid things. If there were, I would have made a fortune over the last decade by betting on someone saying that bitcoin (BTC) was “essentially worthless” or similar garbage every time its value dips.

Bitcoin continued its roller coaster ride on May 20, gaining more than 3% over a 24-hour period that saw the cryptocurrency's price swing from a low of $28,829.20 to a high of $30,718.50. Bitcoin is...

Ryder Ripps, a contemporary artist known for his satire, stunts and design work for millennial-geared brands, has begun minting a non-fungible token (NFT) set mocking the highly influential Bored Ape Yacht Club (BAYC).About 265 tokens were minted “by hand” by Ripps si

NFTs are gaining massive traction these days, and some are being sold for millions. Here are the most expensive NFTs sold so far and how much they're worth.

At age 10, a teacher asked me to write an essay on what I would do to fix a world problem. I declared that I would like to ban money because I saw it at the root of much evil. That idea was clumsy, and what I’ll outline here might be, too, so I present it in a spirit of tot

You don’t like Facebook. Democrats don’t like Facebook. Republicans don’t like Facebook. It may be the one thing on which most of the United States agrees.But the “Facebook Problem” is almost certainly worse than you think.

Price alone doesn't determine whether a token is a good investment. For that, it must also solve a problem or perform a function better than competing coins.

How much are Americans really earning from cryptocurrency investments? GOBankingRates recently surveyed 1,037 Americans across the United States to learn if they invest in cryptocurrency. Twenty-five...

When she was a preteen, Diana Sinclair would draw and create digital characters through a social app called Draw Something. “Communities of teenagers,” she says, were on the app, where they came together by commenting under each other’s illustrations and sharing

The rise of non-fungible tokens has been among the most unexpected developments since cryptocurrencies and blockchain technology first emerged. Nowadays, many are creating, buying and selling them...

With the crypto bull market turning into a rout, speculators and investors have been cashing out of stablecoins in droves. Into this chaos, the world’s largest stablecoin issuer – Tether – is about to publish its most important reserve, or attestation, report ev