CoinDesk Crypto

Drilling for oil and gas and mining for bitcoin might seem like an odd couple.One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation of a digi

There’s no shortage of macho chest-thumping, when it comes to the crypto community. And that’s not altogether surprising. 

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MIAMI – On Friday, the federal civil trial pitting Craig Wright against Ira Kleiman continued, with the day dominated by testimony of an autism expert. Dr. Ami Klin testified that Wright is autistic and has had trouble relating to people throughout his life.Today marked the

CoinDesk’s scoop that Barbados had become the first government to acquire virtual land and create a “metaverse embassy” was met with great interest, but a lot of quizzical looks as well.The question some commentators asked was: What is the point? If Barbados is

MIAMI – The federal civil trial of Kleiman v. Wright continued in Miami Thursday, with witnesses for the defense suggesting it was unlikely that Dave Kleiman had a business partnership with Craig Wright to invent and mine bitcoin. He had severe health problems, poor coding

Brian Quintenz, former commodities regulator and friend to the crypto industry, weighed in today on the confirmation process to elect a new Comptroller of the Currency. Taking the stand today in a U.S. Senate hearing is Saule Omarova, a controversial pick for the seat due to her

As the race to launch and popularize various forms of Bitcoin exchange-traded funds (ETFs) accelerates, the investment firm VanEck has now successfully launched the third such product and it has already begun to see promising results.

Disintermediation and decentralization can sometimes be intimidating concepts for those of us accustomed to the traditional financial system and industry.For those of us who have learned to navigate the labyrinthine incumbent and entrenched system of banks, brokers, custodians, e

MIAMI — A federal civil trial over the potential ownership of 1.1 million BTC — worth about $66 billion — was interrupted on Tuesday when the defendant in the case, Dr. Craig Wright, an Australian man who claims to have invented the cryptocurrency, was accused o

Cryptocurrencies like Bitcoin, Ethereum and Dogecoin are digital money secured by cryptographic technology known as a blockchain. Here’s how they work, where to buy them and more.

Taproot, a privacy and scalability upgrade Bitcoin developers have long been drooling over, finally activated last weekend. But more upgrades are in the pipeline, being worked on by developers behind the scenes.Taproot is a particularly big upgrade in Bitcoin, called a “sof

News broke Wednesday that Los Angeles’ Staples Center, longtime home to the National Basketball Association dominating L.A. Lakers team, will be renamed “Crypto.com Arena” in a 20-year, $700 million naming rights deal that appears to be the largest in sports his

Many believe that general-purpose blockchains like Ethereum, Cardano, Avalanche and Solana will come to power everything on the web, including financial apps, social apps and even Amazon-like marketplaces. But there’s a show-stopping problem that’s being widely overlo

Black-owned businesses and their finances were disproportionately impacted by COVID, but now the tides are turning as this demographic is utilizing the technologies behind blockchain to own the cryptocurrency market.

Since the launch of initial coin offerings (ICOs) like EOS and Tezos, a steady stream of alternative smart contract platforms have been labeled “Ethereum killers,” immediately pitting them against one another.During 2021, which has arguably been the biggest year of ad

Non-fungible tokens (NFTs), a type of digital asset, have exploded in popularity this year, with NFT artworks selling for millions of dollars.

Since cryptocurrency is an asset class that does not correlate with traditional stocks and bonds, adding it to an investment portfolio will only diversify it further.

On Saturday, the Wall Street Journal ran a tantalizing headline: “Bitcoin Creator Satoshi Nakamoto Could Be Unmasked at Florida Trial.” Nakamoto, of course, is a pseudonym used by the person or people who laid out the basic principles of Bitcoin, helped develop it bet

The U.S. Securities and Exchange Commission (SEC) put the kibosh on VanEck’s latest attempt to launch a spot bitcoin exchange-traded fund (ETF).You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click he