The U.K.’s crypto stakeholders have largely welcomed the nation’s proposed legislation for the industry – but they want the country to collaborate with regulators globally to avoid post-Brexit isolation, particularly in the wake of the European Union’s Mar
Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly
Most people, even those who live and breathe crypto, likely have not heard of Bittrex…I assume. On CoinMarketCap, it’s ranked as the 51st most active exchange by trading volume, a data point that at least partially explains why the company's U.S. division filed for b
Veterans of the blocksize war that raged from 2015 to 2017 in Bitcoin were met with a curious sight this week: Bitcoiners complaining about high fees. If this doesn’t strike you as odd, it’s worth recalling some brief history.Historically, “small-blockers”
As you approach retirement age, it's important to assess your financial situation and ensure that you'll have enough savings to live comfortably in your golden years. Social Security: Whether You're...
The recent buyout of First Republic, the second-largest bank failure in the U.S. ever, has raised serious questions about solvency and liquidity across the global banking system. Banks are supposed to be stodgy operations: Customers deposit money into a bank account for safekeepi
A slew of enforcements against U.S. banks serving the blockchain industry, as well as American exchanges and cryptocurrency projects, have sent shockwaves through the crypto space.
Pro-focused non-fungible token (NFT) marketplace Blur is making headlines again, this time for entering the NFT lending space. The move has raised questions about its broader market impact.On Monday, Blur launched Blend, a peer-to-peer NFT lending platform that allows traders to
So, will the Federal Reserve raise rates again at its next meeting?Maybe. Maybe not. But, then again, it depends. I mean, Fed Chair Jerome Powell seemed like he sounded more dovish. Or perhaps it was that the FOMC’s statement felt less hawkish. Right? Kinda, no?
A new frenzy is sweeping cryptoland – so-called “BRC-20s” are fungible tokens deployed on the Bitcoin blockchain, and some are beginning to see major market activity. The proposed new standard was introduced in March by a coder known online as Domo, and it has a
Last week at Consensus, Yat Siu nearly missed his talk on the Main Stage because he was swamped by a throng of adoring fans, desperate to steal a minute with the metaverse mogul. Siu’s fellow panelist, Maya Zehavi, and I, his moderator, were getting mic’d up backstage
CoinDesk wrapped up Consensus 2023 on Friday, marking the end of three days filled with discussions around policy, technology and scams. Catch up on some of the key stories below.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurr
Florida has essentially banned the use of central bank digital currencies (CBDC) in the state, and its regional neighbor, North Carolina, as well as several other U.S. states, seem likely to follow soon. This is a major legal advancement in what’s largely been a rhetorical
We journalists are a privileged breed. As the saying goes, we get to write the first pages of history.Nowhere has that seemed truer in my career than at CoinDesk. Even after 10 jam-packed years of covering its comings, goings, ups and downs, the cryptocurrency and blockchain econ
Despite the uncertain regulatory environment in the U.S., investment and adoption of crypto assets is not slowing down.The U.K., European Union, UAE and Southeast Asia have all enacted legislation concerning crypto assets and decentralized finance participation. U.S. investors, b
April was full of stablecoin politics, perpetuating the idea of a global race to tokenize cash. In my opinion, this is not a single race – it’s a competition across several disciplines. We should cheer for the right to compete freely rather than for one winner.Mid-Apr
This week, to no one’s great surprise, we saw another 25 basis point (bp) hike in the federal funds rate. The raise itself is not that significant – background noise, if you will. We’re all used to this by now. What is noteworthy about this one is that there is
One of the most significant risks in crypto underscores the need for more transparency in tokenomics, which refers to the economic system underlying a token or cryptocurrency.