CoinDesk Crypto

While the world eagerly awaits the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. there is another crypto innovation that promises to unleash a fervor of economic activity, enabling an even greater wave of mainstream adoption and convergence across the global f

Binance’s Japan unit on Monday said it’s working with financial giant Mitsubishi UFJ Trust and Banking Corporation (MUTB) on developing stablecoins.MUTB and Binance Japan are running a joint study on issuing stablecoins pegged to sovereign currencies like the yen that

Discussions about accelerating adoption of crypto often focus on improving user experience. (UX). The popular thinking goes: Web3 products lag behind from a user experience perspective, onboarding poses multiple points of friction, and technological concepts come with learning cu

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has long taken the position that the majority of crypto tokens should be treated as securities. In March 2023, Gensler stated:“The investing public is investing anticipating a return, anticipating something on

The Merge upgrade, which effectively brought the Proof-of-Stake (PoS) mechanism to Ethereum, was activated almost a year ago. The subsequent Ethereum Shapella upgrade, which allowed staked ETH withdrawals, is about six months old. With these two monumental changes, we saw the ris

Ethereum’s Shanghai upgrade has been the catalyst for the emergence of new financial demand for liquid staking derivatives, an emerging class of assets also called LSDs. Following a brief period of uncertainty about withdrawing capital, ether (ETH) staking participation has

A year ago, a major event called the Merge took place, rapidly improving how Ethereum operates. While this engineering feat made Ethereum more energy efficient and capable of handling more transactions at faster speeds, it also caused certain U.S. federal regulators to pay greate

Decentralized finance (DeFi) has a problem. We set out to build a financial alternative, driven by the shortcomings of opaque businesses that often put their interests over those of their customers. The goal was a decentralized, self-governed economy that was transparent and larg

If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison.Bankman-Fried’s trial tied to

Prediction market Kalshi is once again being hamstrung by U.S. regulators. According to a closely watched decision, the U.S. Commodity Futures Trading Commission (CFTC) will not let the licensed betting market offer users a chance to wager on the future makeup of the House of Rep

The Chamber of Digital Commerce, a political advocacy group dedicated to Bitcoin and the crypto sphere, has turned heads with an announcement that the members of its new mining-specific group represent more than 50 percent of the entire US Bitcoin mining industry. 

While Coinbase and other exchanges have been engaged in a legal battle with U.S. financial regulators, the firm has made a major advance for its users by adopting the Lightning Network and declaring a firm support for Bitcoin as the leading cryptocurrency. 

At the intersection of real estate and finance, a watershed moment has arrived - the world's first crypto-based mortgage for a single-family investment property in South Carolina.

The intersection of Web3 and artificial intelligence (AI), specifically in the form of generative AI, has become one of the hottest topics of debate within the crypto community. After all, generative AI is revolutionizing all areas of traditional software stacks, and Web3 is no e

Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case.Shortly af

Rollingstone.com hit the traffic motherlode today with an eye-catching post calling the end of non-fungible tokens (NFTs). The piece, “Your NFTs Are Actually – Finally – Totally Worthless,” picks up a new study by dappGambl, a community of finance experts,

Regardless of the volatility of cryptocurrencies, the long-term trend – driven by technology and the continuing perceived weakness of banking systems – is still in place for a substantial acceptance and usage of crypto across many different applications in everyday life.

FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research.The estimated six-week trial itself is

Richard Strauss's concerto 'Thus Spoke Zarathustra' blared over a portable radio on the Liberty, a two-story houseboat off the self-proclaimed crypto micronation of 'Liberland', a muddy Danube island on the border of Serbia and Croatia.

For months, Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, have stood at their son’s side as he faced multiple federal charges of fraud, money laundering and campaign finance violations related to the collapse of FTX.This is an excerpt from The Node ne