CoinDesk Crypto

Financial advisors are either learning about crypto and digital assets or making the decision to take their valuable time to learn. Part of this decision is a return on investment (ROI) calculation – the time and expense of learning a new asset class and ecosystem vs. the p

When it comes to fear, uncertainty and doubt, also known as “FUD”, bitcoin attracts more than its fair share. Naysayers have been casting aspersions about bitcoin for over a decade – for example, they criticize bitcoin’s price volatility.But serious invest

Over the past year, blockchain has taken the world by storm via the decentralized finance (DeFi) sector, which continues to grow exponentially in terms of service offerings and total value locked (TVL).

Both Stani Kulechov and Aave, the decentralized finance (DeFi) money market he founded, enjoyed a fruitful 2021. In April, the launch of a liquidity mining program helped propel Aave past rival Compound in total value locked (TVL) rankings, establishing Aave as the preeminent len

A verdict arrived Monday in the civil trial between Craig Wright and the estate of former collaborator Dave Kleiman. A jury found Wright guilty of intellectual property theft and has ordered him to pay $100 million in damages to an entity he founded with Kleiman, W&K Info Def

The New Yorker recently published a profile about early bitcoin user James Howells, who mined about 7,500 BTC using his gaming computer in 2009, only to discard the hard drive storing his private keys while cleaning his home office. That trove, worth today approximately $383 mill

Last week, Ethereum co-founder Vitalik Buterin brought forth Ethereum Improvement Proposal (EIP) 4488, an upgrade that could drive down transaction costs for Ethereum rollups like Arbitrum, Optimism and zkSync. The proposal detailed the immediate steps for pushing gas fees down w

Now that banks are slowly, but surely moving to work with a new kind of valuable assets—namely, cryptocurrencies and other blockchain-based tokens—it’s high time for them to up their game with regards to security. 

The biggest crossover crypto story of the past few weeks is probably ConstitutionDAO – a ragtag group of crypto believers who raised more than $40 million in ETH, the currency of the Ethereum network, to purchase an original copy of the U.S. constitution at auction.Much has

Shiba Inu (CRYPTO: SHIB) is the latest cryptocurrency to get a lot of buzz on social media. It's actually a meme-based coin, created as a joke with the goal of its becoming more valuable than Dogecoin -- which also started as a joke but took on a life of its own and is now well k

The excellent collection of essays compiled for CoinDesk’s Future of Money Week began with a perfect summation of where money is going by podcaster Laura Shin: “It’s going to get a lot weirder.”Having just spent a few days in the madhouse of the non-fungib

While much attention focuses on the retail central bank digital currency (CBDC) ruminations of China, Europe and the United States, smaller jurisdictions are leading the way. For example, Uruguay, the Bahamas, the Eastern Caribbean Central Bank, Nigeria and Jamaica have each laun

Ross Ulbricht, the founder of Silk Road online marketplace that hosted everything from children’s books to ketamine, is selling a non-fungible token (NFT) with the proceeds going to his legal fund and children of incarcerated parents.Founded in 2011, Silk Road is often cite

With due respect to Jamie Lee Curtis, Eddie Murphy and Dan Aykroyd, the best piece of cinema ever made about financial markets is not “Trading Places” but “The Big Short.” It opens with a quote about the limits of knowledge: “It ain’t what you

Look at a map of Africa. It’s no miracle that so many of the borders are straight lines, and it’s no coincidence that these random straight lines have caused untold political complexities. In that way, African nations are like money: a fiction imposed on the entire gl

Image source: Getty Images

As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark. Days after Jack Dorsey announced that he was stepping down as Twitter CEO, the other company Dorsey runs announced that it was changi

A tree is an organism, but also a lumber reserve. After it is felled by a lumberjack, its story as an organism ends. But its story as a lumber reserve goes on, and its story as a house has not yet begun.Similarly, money is more than one thing. Traditionally, it is three things: a

Continuing a long trend of investing heavily in bitcoin as a treasury reserve asset, business intelligence firm MicroStrategy has bought the dip, putting an additional $400 million into BTC that it plans to hold for the foreseeable future. 

Money is on most of our minds. But what would it look like and mean in the future? Before we think about the future, let’s take a very brief look at what money means and its history.The textbook explanation of money is a medium of exchange, a store of value and a unit of ac