CoinDesk Crypto

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

At present, the energy footprint of Bitcoin (BTC) is hovering around 137.4 Terawatt hours per year, the equivalent of an entire country’s energy use.

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.

To say that the growth of NFTs during 2021 was impressive is an understatement. NFTs completely exceeded anyone’s expectations.

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

Nearly everyday, it seems non fungible tokens (NFTs) are in the news with high-priced sales and celebrity endorsements.

The transparency of blockchains is often marketed as a benefit. It's not. Main Street financial consumers are never going to adopt blockchain-based financial tools as long as blockchains are radically transparent. Regular folks have secrets that they want to keep.One of the most

One of the most common questions I get from people who are starting to realize the need for personal privacy is, "Where do I start?"To better answer that question for yourself, it can be helpful to build out a simple threat model by considering what data you want to protect, whom

Public institutions of all kinds, including government treasuries, are steadily warming to bitcoin and cryptocurrency. The volatile new asset class presents an opportunity for governments, which are often underfunded, to reap massive rewards. The risks are self-evident, although

It’s Privacy Week here at CoinDesk, and we’ve been diving into a variety of technological and legal angles on the consequences of digital surveillance. Anxiety about the rise of omnipresent snooping can often feel like an academic matter of principle, or a series of w

Every day seemingly brings a new scam in the world of crypto, and yet the growth of the industry is in no way slowing.The popularity of non-fungible tokens (NFTs), at least for now, continues to overshadow news of scams such as “rug pulls,” where NFT creators hype up