CoinDesk Crypto

Investors have witnessed a bloodshed in cryptocurrency markets in recent weeks, as crypto struggles to find a direction amid a global selloff in financial markets

Of late, the terms “metaverse” and “Web 3″ have been used interchangeably. While they both point to a vision of a better, future internet, it’s important the two concepts not be conflated or become a source of division around ideologies of how we wan

Imagine the public astonishment when, in the early 1920s, vending machines started dispensing soda into cups. Instead of going to the counter of a soda shop and ordering their favorite drink, thirsty customers could now use coins, push some buttons and, voilá, out came the

In a tweet thread last week, the digital artist Lois van Baarle said she’d discovered “132 instances” of her artwork being minted as NFTs on the marketplace OpenSea, all without her permission.“NFTs are supposedly about authenticity, but these platforms &h

Over the past two years, DeFi (decentralized finance) applications have ushered in a revolution regarding how we collectively view and interact with money, creating a democratized and transparent financial playing field for all.

Starting at the dawn of the web, retroactively named Web 1, a new generation of writers and artists burst onto the internet independent of any publisher, promoter or label. In time, many of them would become leading cultural figures: writers and editors Cory Doctorow, Paul Ford a

The Discord channel was filled with anons greeting each other: “Gm.” “Good morning.” “Good morning.”To some, it started as an innocuous way of saying “good morning.”

There’s a cream cheese shortage in New York bagel shops. Used cars are selling for almost as much as new cars. And parents are going to extreme lengths to get their hands on Magic Mixies Cauldrons, the “it” toy of this holiday season.You’ve heard it ad nau

One of the biggest selling points of the cryptoverse is how it addresses the middleman issue. You want to transfer some Bitcoin abroad? No need to turn to a business entity like Western Union, just pay the gas fee and put the transaction on the blockchain.

Hip hop music in the 1980s was like the past decade in crypto. On the rise. Understood by few. Regional to mainly New York. Dismissed as a fad.Pavel Bains is the CEO of Bluzelle. This article is part of Culture Week, which explores how crypto is changing media and entertainment.

As the Bitcoin network’s hash rate and worldwide mining operations have increased along with the asset’s increasing valuation, Bitcoin has hit a new milestone: 90% of the total supply that will ever be issued have now been mined.

When I think about culture, I think sex, drugs and rock and roll. Given that bitcoin found its first true use as a medium of exchange on popular (now-defunct) darknet market Silk Road, and the explosion of interest in music-geared NFTs and crypto brands, it’s safe to say cr

“Wen token?”It’s the refrain heard in Discord servers around the world. When is such-and-such project going to airdrop a token to its community members? This question is particularly urgent if a community happens to assemble around a $2 billion NFT project &ndas

Before this year, crypto was a cult. In 2021, crypto became culture.The movement was both catalyzed and led by the standard-bearer of digital art, Mike Winkelmann, known to the world as Beeple. No one in crypto had predicted that art would be what would bring crypto into the main

After a devastating $130 million hack, BadgerDAO is moving forward with the first steps in an ambitious restitution plan that may be among the most complex in decentralized autonomous organization (DAO) history.The DAO – in this case, an ostensibly leaderless collective gov

The Bitcoin white paper doesn’t mention the word decentralization once – but it’s obviously there by another name: peer-to-peer. The Ethereum white paper mentions decentralization about 40 times. And when the President’s Working Group on Financial Markets

Stablecoins, a term referring to cryptocurrencies that are pegged to fiat currencies, such as the U.S. dollar, first came to the scene in 2014. Tether (USDT), originally called realcoin, was launched as the first stablecoin that year. At the time, it was a very unique product, de

I kicked off my journey in the music industry at 16 and spent five years touring, living at below minimum wage and putting every cent I could afford back into my career. Sleeping in squat houses on the road. Crashing on couches. Duct-taping our gear back together. It’s a br

Decentralized Finance is the fastest growing sector of the crypto market. With promises of a consumer-centric, open source, and permissionless financial system that is transparent to all, DeFi stands to change the trajectory of consumer and institutional finance.

If you thought 2021 was a wild ride for crypto mining, you’d better strap yourself in for 2022.The past year saw one of the biggest shake ups in mining history. Swathes of Chinese miners had to look for new homes due to the most intense regulatory crackdown in the country t