This article is meant to give a little insight into the current headspace at CoinDesk — we’re hoping it becomes a recurring thing. The company recently laid off some of the finest reporters and editors covering crypto, which sucks. No one here is happy.Could things be
Following months of beleaguered financial operations, Nevada-based crypto custodian and digital assets firm Prime Trust has filed for Chapter 11 bankruptcy.
Sadly, I must open up this week’s newsletter on a down note.On Monday, CoinDesk made the necessary but extremely difficult decision to let go of 24 colleagues — the bulk of them from our editorial operations — to reduce costs in the face of a brutally challengin
Coinbase Inc. is the first crypto firm to get the gold-standard registration as a futures commission merchant, even as it remains in a legal battle for its life.The Commodity Futures Trading Commission granted Coinbase the ability to handle bitcoin and ether futures, which is ano
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, I asked “Is Sam Bankman-Fried Going to Jail?”
As the end of July arrived, House Financial Services Committee Republicans achieved its goal of passing a bipartisan stablecoins bill. Still, they left D.C. without the broad bipartisan vote Chair Pat McHenry had labored to achieve. The session ended with new recriminations over
Trying to figure out whether crypto is here to stay isn’t as simple as tallying up the industry’s wins or losses. For a while there it genuinely seemed possible that the U.S. Securities and Exchange Commission (SEC) could wipe crypto off the map (maybe with the help o
One important consideration for any digital asset investor allocating money to alternative coins is tokenomics. For the uninitiated, tokenomics refers to the economic and financial aspects of a cryptocurrency or project’s ecosystem. It encompasses the design, creation, dist
BlackRock’s (BLK) recent filing for a bitcoin exchange-traded fund with the U.S. Securities and Exchange Commission sparked renewed institutional interest in spot bitcoin ETFs. The development seems only to have increased divisive discussions on crypto-related financial ins
Despite the billions of value and millions of users, many people are still looking for crypto’s “killer use case” and wondering if the one-true solution exists at all. What they fail to understand is that innovation is a process of novelty search and consequent
When AI meets Tokenization, the integration of the two supercharges their implementations and applicability – and not to mention opportunities – exponentially.
Last month’s votes by the House Financial Services Committee and House Committee on Agriculture on the Financial Innovation and Technology for the 21st Century Act (FIT Act) was a milestone for the digital assets industry.While not yet perfect, the FIT Act is the most compr
Michael Saylor, MicroStrategy’s founder and executive chairman, has seen his bold bet on bitcoin vindicated as BTC’s price has risen dramatically since his resignation as CEO.
Despite fighting what must be an incredibly cost-draining battle against the top U.S. securities regulator, Coinbase (COIN) is in a period of fluttering activity. Last week, the biggest publicly traded crypto company launched a new blockchain, Base, which has seen a surprising am
Behind closed doors, global economic leaders called for global coordination on crypto regulation, rat her than have nations attempt to ban the industry.The meeting, held under Chatham House rules, took place as India wraps up its presidency of the Group of 20 nations.Leading econ
You know times are interesting in crypto when some of the most enthusiastic founders and developers are wholeheartedly agreeing with criticism. At EthCC, the community-led Ethereum conference held in Paris, France this year, I gave a speech titled “Crypto is a Theater Right
There’s a new game-changing trend in the digital finance landscape. Liquid staking is a concept that's quickly establishing itself as a cornerstone of Decentralized Finance (DeFi).
Update: Judge Lewis Kaplan has now revoked Sam Bankman-Fried's bail and returned him to jail.Sam Bankman-Fried spent 2021 and much of 2022 talking himself into the role of a cryptocurrency mogul. A court hearing today will decide whether he has now talked himself from cushy house
This week, Rep. Maxine Waters, (D-California) declared she was “deeply concerned” with payments giant PayPal (PYPL) for launching a stablecoin under the New York Department of Financial Services regulatory framework before federal legislation addressing such crypto in