In a move that could spell dramatic change for the bitcoin mining industry, American tech conglomerate Intel (INTC) is moving to execute newly-released plans on an “ultra-low-voltage energy-efficient Bitcoin mining ASIC” chip.
Salvadoran President Nayib Bukele met with Turkish President Recep Tayyip Erdoğan on Thursday in what was reportedly the first executive summit between the two countries. Despite dropping hints ahead of the meeting, Bukele reportedly didn’t talk to Erdogan about El Sal
Staying current on all of the new terms can be a challenge, so here’s a rundown of the big ones that have popped up over the past 12 months – and a few you’re likely to hear more of before the year is out.
IRL.This acronym has become shorthand for the regular, offline human existence in which we all participate, a realm lying outside of that new digital alternative to which investors, entrepreneurs and media commentators are increasingly drawn: the metaverse.
Toncoin, the offspring of the blockchain project designed by messaging service Telegram, just brought in reinforcements from the mainstream tech world – specifically, from Russian internet giant VK.Andrew Rogozov, a vice president at VK, the parent company of “Faceboo
Simplicity. Integrity. Meaning. Purpose.Apart, these are empty buzzwords. But together, they’re something more: S.I.M.P., a kind of online commandment, and the meme at the heart of a new NFT project called IreneDAO, which has become a case study in how crypto is monetizing
As NFTs continue their march into the mainstream, it’s important to know how these supposedly permanent digital assets stay that way – or not. IPFS (or the InterPlanetary File System) is a protocol that many NFTs (or non-fungible tokens) point to as their underlying a
Decentralized finance, or DeFi, is one of the most important topics in cryptocurrency. The aim of DeFi is to create an entirely new financial system, completely independent of the traditional financial (TradFi) economy. There are billions of dollars being invested into this goal,
When I talk tech trends with technologists, there’s always a tendency to talk up their own book. Cryptocurrency advocates want to talk about all the latest innovations to help people invest in tokens and put their investments to work. Data specialists want to talk about all
The most popular show in Netflix history, “Squid Game,” earned an estimated $900 million for the streaming company. And the producers are not stopping there. They are gearing up for even more revenue as they look towards season two and have secured more than two dozen
New patents held by Facebook parent company Meta Platforms have given us an utterly predictable and bleak glimpse of Our Zucked Future. The concepts suggest that once its shared virtual space Horizon Worlds has reached its full potential, users’ facial expressions and other
Millions of investors, speculators, and crypto hobbyists have bought and sold cryptocurrency in the past decade or so, hoping that crypto would be both a powerful investment and a currency of the future.
More and more investors are thinking about environmental, social and corporate governance (ESG) issues when allocating their portfolios. Additionally, cryptocurrency is starting to capture an allocation from a growing number of portfolios.
Last week, there was a small uproar in the Web 3 world when a new protocol, DeSo, announced an update to its user login flow. Previously, the decentralized media service had asked users to enter their “seed phrase” into the project’s web interface, defying all g
The cryptocurrency space – which investors can gain exposure to through a range of asset classes, including digital currencies, exchange-traded funds (ETFs) and crypto mining stocks, among others – can best be described as volatile.
Liquidity mining is dead, and trying to figure out the best way to replace it is the focus of one of crypto’s hottest subsectors.The primary driver behind 2020’s “DeFi Summer” craze, liquidity mining refers to the practice of a protocol incentivizing user
Earlier this week, Evan Van Ness of Starbloom Ventures and Josh Stark of the Ethereum Foundation released an Ethereum year-end report, The Year in Ethereum 2021, diving into activity on the network last year. Here are some of the report’s most promising developments and tre
You’ve read stories about celebrities, like Elon Musk and Mark Cuban, who supposedly are cashing in on Bitcoin. You’ve seen ads for companies that claim to offer a “safe and easy way” to buy it. You probably even know a few people who have dabbled in it. S
A House committee will take a look at crypto and its energy requirements this week. It’s another congressional look at crypto.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here
If you can believe it, scams and Ponzi schemes have existed and thrived in the cryptocurrency industry well before the recent speculative exuberance around decentralized finance (DeFi), non-fungible tokens (NFTs) and token launches on blockchains like Binance Smart Chain. For sur