CoinDesk Crypto

This time last year, if someone had said, “I’ll sell you a plot of virtual land for 1 ETH,” most of us would have told them to kick sand. Now a year later, most of us are finding that we are the ones kicking sand, and not virtual sand in the Sandbox.Everyone in

Clinique had a problem. The brand wanted to “enter the metaverse,” but it didn’t want to do it in a way that was cringey. So, they called a woman named Cathy Hackl: The “Godmother of the Metaverse.”Her credentials? Hackl, the “Chief Metaverse O

In the early stages of 2021, Elon Musk had the cryptocurrency market wrapped around his finger.A single tweet about dogecoin by the Tesla and SpaceX founder sent prices flying as much as 50%. For a time, bitcoin price action seemed reliant on the opinion of the world’s rich

The Chinese Government’s comprehensive crackdown on crypto may, at first glance, seem like a stifling of innovation. But this couldn’t be further from the truth.

When bitcoin was introduced by the Satoshi paper in 2008, it presented a novel and liberating concept – a peer-to-peer, decentralized payment system that can be used by anyone, anywhere and for everything. It did not require intermediaries or exchange rate to function and c

Cryptocurrencies are cryptocultures. These cultures express themselves through different means, but the primary form of cultural expression is economics. Each blockchain represents an experiment in economics and the implied society this economics will create.The most famous and w

Like many others, I view last week’s House Financial Services Committee hearing at which six crypto CEOs explained the industry to Congress as a watershed moment for the industry in the United States.The dialogue was collegial and constructive, and felt grounded in a genuin

Latashá Alcindor still has a day job, but it’s a lot more fun than the last few.Like many of the artists now intimately involved with NFTs, Alcindor – better known as the mononymous rapper Latashá – began the year without much of an interest in cry

Neil Strauss knows how to write about weird subcultures. His infamous bestseller “The Game: Penetrating the Secret Society of Pickup Artists,” released in 2005, introduced the world to concepts like “negging” and “peacocking.” (If you ever set

It’s wonderful to be able to celebrate a culture week in crypto. As they have a penchant for throwing themselves off a cliff to see if they survive, Bitcoin and Ethereum and blockchain in general have many times looked like they wouldn’t get back up. For a few weeks a

The Singapore FinTech Festival brings together global knowledge sharing from leading academics, practitioners and thought leaders to discuss key trends in finance and technology. Michael Karbouris, Head of Strategy for Nasdaq’s Anti-Financial-Crime Technology, explores DeFi.

In 2021, crypto users were crowned the most charitable investors on the planet. To those outside of crypto that might not mean much, but after years of reading hypocritical attack pieces from the traditional financial sector, it’s pretty heartwarming to see the world acknow

This morning, the U.S. Bureau of Labor Statistics released updated numbers for its inflation-tracking Consumer Price Index (CPI), showing U.S. inflation has hit a 6.8% annualized rate. That adds up to the highest year-over-year inflation rate since 1982, which is decidedly not gr

NFTs are on a clear collision course with artificial intelligence, which will in theory unlock all sorts of new utilities, including AI-driven avatars that can hold conversations.However, because few people understand how this type of AI works, it’s alarmingly easy to hoodw

Though it’s not exactly a new idea, the phrase “mutual aid” first came to prominence last year, after the onset of the COVID-19 pandemic. It tends to connote small, loosely organized collectives working to support communities from within – the kinds of loc

Though it’s not exactly a new idea, the phrase “mutual aid” first came to prominence last year, after the onset of the COVID-19 pandemic. It tends to connote small, loosely organized collectives working to support communities from within – the kinds of loc

Although the worldwide bitcoin mining hash rate, which determines the rate at which new bitcoin are produced, dropped dramatically after China’s recent crackdowns on the industry, new data suggests that it is on the brink of complete recovery.

Long gone are the days where users saw crypto assets only as something to hold statically in cold storage wallets, or in the worst of cases, centralized exchanges.

“Yes, Web3 is a bunch of bullshit. The problem is, compared to what?”That subhead to Matt Stoller’s newsletter this week set me off even more than the headline, which read, “Cryptocurrencies: a Necessary Scam?”

For the past four years, the pseudonymous Twitter user Bitfinex’ed has been one of the most vocal critics of the cryptocurrency industry. They’ve taken particular aim at Tether, the company behind the largest and most used dollar-pegged stablecoin, USDT. Their name on