While typical stock market investors are white men, 44% of bitcoin and crypto investors are non-white. Similarly, studies have shown Black and Latino Americans now outpace white Americans in bitcoin and cryptocurrency investing.But too many are writing off this emerging trend as
Last week, inflation data for the month of January was reported for the United States: The U.S. dollar lost 7.5% of its purchasing power compared to one year earlier, the biggest drop in 40 years. While this is not a good situation for the U.S. economy, one might have predicted t
I often get the sense that outside of the crypto industry most people are still skeptical about all the things grouped under the “Web 3” brand. More than skeptical, sometimes, but also downright antagonistic.Yesterday, Jared Holt, the Atlantic Council's resident exper
Bitcoin has many noisy and powerful critics. First, Bitcoin was a scam; now the bitcoin (BTC) currency is one of the national currencies of El Salvador. Then it facilitated illegal activity, even though cash still remains a criminal’s best friend. Now they say it’s an
It’s the “Year of the Tiger” and many are postulating 2022 as “the biggest year” yet for the metaverse—the next step in the inevitable evolution of the digital frontier.
Like any really happening conference, ETHDenver is impossible to experience in full. It’s hard to even really tell when it begins and ends. Events have been going on for roughly a week, but the official kickoff day is Thursday.So first, for those of you about to arrive, a c
For anyone looking to understand this new system and its potential, this article will demonstrate how DeFi is transforming finance, starting by highlighting traditional finance’s shortcomings before reviewing recent DeFi adoption milestones.
Today, a week after Ethereum co-founder Vitalik Buterin doubled down on his belief in rollups, I hoped it might be useful to provide an introduction to the technology behind rollups and the different approaches used in their implementation.So, as defined by the Ethereum Foundatio
What do you actually get when you buy an NFT?You own a unique token on a blockchain that references some off-chain data. The token is non-fungible (unique) and immutable (being on a blockchain). That’s all that an NFT guarantees: You own a unique and unchangeable reference
Bitcoin has come a long way since its pseudonymous founder warned against people sending the nascent digital currency to the notorious data leaker WikiLeaks. “WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us,” Satoshi Nakamoto said on the Bit
NFTs are a powerful trend – and an emerging opportunity. In fact, transcending expensive cartoons, NFTs represent “the number one growing trend,” according to our friend and LikeFolio co-founder Andy Swan.
Numerous companies are throwing money and effort into their exploration of the Metaverse. That enthusiasm trickles down to the consumer level, even if most people have no idea what they are buying or getting themselves into.
I’m spending this week at ETHDenver, an Ethereum-focused conference in … well, Denver. I expect to be publishing regular updates from the Mile High City. First impression after landing last night: Denver, keep your bars open later.I’m excited, partly because ET
When is DeFi truly decentralized? That question could soon be at the center of an SEC investigation.One of the strangest stories in the history of decentralized finance (DeFi) may soon also count among the most legally significant, experts told CoinDesk in a series of interviews.
Many people are aware that they can invest in Bitcoin directly, but much less is known about the opportunity to invest in the Bitcoin miners that run the network.
Don’t say we didn’t warn you.To the surprise of absolutely no one, the ads of last night’s Super Bowl broadcast were dominated by the usual stuff – beer, cars, snacks, sports betting – but also, inevitably, crypto.
The cryptocurrency market has taken a beating recently. At its worst point, approximately $1 trillion had been wiped off crypto’s total market cap, Bitcoin (BTC) had lost around 50% of its value compared to its all-time highs in 2021.
Although Russia’s central bank and its ministry of finance had previously disagreed on the path for bitcoin inside the country, an agreement has been reached that is allowing crypto-friendly regulation to begin moving forward.
The Israel Securities Authority (ISA) has big plans to regulate the country’s fintech space. As a first step, it is hosting its first ever fintech hackathon next month.The ISA is looking to attract blockchain-based solutions that can improve the infrastructure supporting th
After the best part of two years away from live-soccer matches, football fans deserve better (by football, I mean the older, actual kind.)Instead, fans are being offered NFTs. The English Premier League, the most popular league in the world, has 20 different clubs; 17 of these cl