Dan Olson, the Canadian videographer behind the “Folding Ideas” YouTube channel, has an important message for the world: NFTs are all fundamentally flawed. More so, crypto, Web 3 – those umbrella trends often discussed in hurried tones – would be a huge st
2022 is expected to be the year of non-fungible tokens (NFTs). At $40 billion, the global market capitalization for NFTs is inching closer to the entire global art market cap of $50 billion. However, one of the potentially largest markets for NFTs – India – is facing
The Diem Association will wind down its operations in the coming weeks after selling its assets to Silvergate Bank. It's time to revisit the chief legacy it leaves behind: A more involved regulatory framework than it may have intended.You’re reading State of Crypto, a CoinD
Markets were roiled in January. Inflation, monetary policy shift, Omicron, geopolitical tension, lack of fiscal policy support and supply chain issues are just a few of the more prevalent headlines that drove the risk-off sentiment.
Following a scathing report from the Central Bank of the Russian Federation that the nation should ban all Bitcoin mining, trading and investment activity, several prominent figures within the government have spoken out in favor of the cryptocurrency — most notably including Russ
The founder of a popular DeFi protocol is promising to make users whole after a scandal-ridden price implosion, but the path to achieving that isn’t totally clear.On Monday, embattled developer Daniele Sestagalli took to Discord to answer questions from the Wonderland proto
Hardware wallet maker Trezor announced last Thursday it had adopted software that makes it easier for Switzerland residents to withdraw crypto from a regulated exchange to their own wallet – then reversed course a day later. So WTF happened?Within moments of the first story
Early last week, a viral clip from “The Tonight Show Starring Jimmy Fallon” began making the rounds on social media. In it, Fallon’s guest, the socialite turned crypto promoter Paris Hilton, shows off a picture of one of her recent NFT purchases: a reddish Bored
I have a friend who never shuts up about attending a Lana Del Rey show in Seattle back in circa 2007, and rightly so. After I began listening to Lana a few years later, he would constantly remind me that he discovered her before anyone else. Again, rightly so. It’s a shame
With 40 percent of millennials already invested in cryptocurrency, there’s a unique opportunity for NFTs to pique the interest of the 2008 financial crash generation.
Surveillance is power, as authoritarian regimes across history have known. The emergence of the internet in the late-20th century made surveillance easier than ever, by creating a historically unprecedented repository of information about individuals and organizations stored on s
DeFi (and the Canadian crypto community, especially) woke up yesterday to a pretty terrible headline. We learned that “Sifu,” who goes by the handle @OxSifu, a core member and CFO of DeFi protocol Wonderland, was Michael Patryn (also known sometimes as Omar Dhanani),
Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously. The IRS has been zooming in on…
Given the stupendous amount of personal information stored and transferred online, it's good that regulators are moving to bolster consumer privacy. But these rules – ranging from the "right to be forgotten" to the ability query a database to see what information they keep
When token markets plunged in 2018 following the initial coin offering (ICO) bubble, I wrote a column entitled “Crypto Winter Is Here and We Only Have Ourselves to Blame.” It lamented the get-rich-quick schemes and “lambos” that took precedence over the de
There’s no question that OpenSea, now far and away the most dominant non-fungible token marketplace, has been a success for its investors. It was valued at over $13 billion earlier this month, cementing its status as a unicorn among unicorns. And last week, it was integrate
The “Cypherpunk’s Manifesto” begins, “Privacy is necessary for an open society in the electronic age.” But privacy coins – cryptocurrencies with strong privacy features—have failed to take off. Monero and zcash are both worth less today t
