CoinDesk Crypto

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

If work and personal culture are to truly flourish online, then our digital spaces need to have the same assurances of privacy and security we can expect in our offline lives. Centralized companies and databases have proven at best inadequate on this score – and some have b

Crypto founders can salvage the trust and image of the industry on top of which they sit so comfortably. What can’t continue to happen is crypto founders getting filthy rich, and becoming the very thing they set out to destroy.

As part of our Culture Week coverage, members of CoinDesk’s Layer 2 team have been comparing notes about our experiences of non-fungible token art events in New York and elsewhere over the past year. One theme has been the prevalence of closed-door events – and equall

Now is the time to act. Crypto and its underpinning blockchain systems are no longer a peripheral technology but the foundations of a new, decentralized future.

As organized mobs pillage all-cash retail cannabis stores in a wave of violent robberies across the country, the leadership of U.S. Senate just refused to do something to stop it.If Congress won’t help, it’s time for the cannabis industry to help itself. Cryptocurrenc

The Ethereum network recently underwent the Arrow Glacier hard fork on Dec. 9, with the sole purpose of delaying the “difficulty bomb” to June of next year. The difficulty bomb is a mechanism to force the proof-of-work network to stop producing blocks, making mining u

Strictly speaking, Bitcoin is for everyone. I like to think about this decentralized network as a type of public commons – it’s an open ledger that anyone can append, anyone can access, anyone can take part in. (I do.) It’s bigger than any single individual, cor