Bitcoin (CRYPTO: BTC) has been surging in recent weeks, shattering its previous records. The cryptocurrency recently reached a new high of more than $68,000 per token, up more than 53% since the beginning of October. Some experts believe this is only the beginning for Bitcoin, pr
Cryptocurrency can be a rewarding investment, but it's not right for everyone. Cryptocurrency is famous for its volatility, as its price often fluctuates wildly from day to day. Even the most stable of them have experienced serious downturns.
Microtransactions are a staple of many modern games, to the point many have just accepted them. However, new models are emerging, thanks to blockchain technology, that stand to disrupt the norm. Play-to-earn games are growing in popularity, and new services are lowering the cost
Last week, a four-decades old law about cash was modified to incorporate cryptocurrency. Buried deep inside President Biden’s thousand-page Infrastructure bill was an amendment to an arcane section of the U.S. Internal Revenue Code, which sets reporting requirements for pay
Navajo Nation is prime bitcoin mining country.While Texas and Wyoming have taken the limelight since China’s bitcoin mining ban, the groundwork for bitcoin mining is already present in the American Southwest. It’s a good match, too: Bitcoin mining incentivizes healthy
In a Twitter thread yesterday, writer and speaker Dave Troy explicitly tied bitcoin to far-right American politics, calling bitcoin advocacy a “sequel to the January 6th attack” on the U.S. Capitol building in Washington, D.C.I can't stress this enough: the crypto att
The future of NFTs and their applications are much bigger and brighter than gaming and art. NFTs can represent proof of ownership, manage licensing, provide social status, grant exclusive access and certify authenticity.
No one said understanding crypto would be easy – the technology is complicated, the slang impenetrable, the interfaces in need of improving. Sending an on-chain transaction for the first time is hard enough without having those you trust – the media, your entertainers
With the progress being made on the Beacon Chain over the past few weeks, I wanted to use this week’s newsletter to give an overview of the CoinDesk validator and its brief history.About nine months ago when ether was just $1,600, the CoinDesk team deposited 32 ETH to the s
The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to
In the fashion industry, the metaverse has become a costly playground, with the world's largest, most profitable luxury brands rushing to quickly seize ground in the metaverse. This is seen in the increased uptake of VR films by fashion designers such as Denni Francisco.
The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to
Regardless of those opposed to the idea, DeFi technology is booming, reaching a market cap of $133.34 Billion in 2021, and a system that opens up access to finance for millions of people around the world is certainly not 'baloney.'
Some people were annoyed when they heard Ethereum Name Service, more commonly known as ENS, would be issuing a token. It was the “one, legitimate tokenless project,” and it was bending the knee to the market. Tokens are speculative by nature, prone to severe price flu
Something is broken in blockchain development. We hear about hacks in crypto all the time, the industry is filled with hastily developed products, and project delays are often expected.
The U.S. House of Representatives voted to pass the infrastructure bill that contained a provision that shook the crypto world. Financial regulators called on Congress to regulate stablecoins. In other words, crypto had a big week in Washington, D.C.You’re reading State of
Ever since the word “bitcoin” wormed its way into the mainstream, people have been obsessed with putting things “on the blockchain.” There’s an army of crypto influencers and snake oil peddlers out there dedicated to promoting this stuff: real estate
After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year.
After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year.
As we kick the trading week off, investors will be focusing on which companies benefit from the U.S. infrastructure spending bill. Late Friday the House passed the more than $1 trillion bill, which is expected to be signed by President Biden within days.