This week, Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C.Then, Jodie Gunzberg, managing director of CoinDesk Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown.
Crypto developers are doing what they do best: buidling.The number of weekly active developers has ranged from 6,000 to 7,000 since the start of 2023, according to a dashboard from crypto data firm Artemis.xyz. The number of daily active developers as of Wednesday is near 1,700,
When trying to make a profit in the markets, investors develop all sorts of ideas, testing each one in turn to see which one works the best. However, there's one trend no investor can escape from, no matter what type of asset they're trading: cyclicality.
One thing that’s becoming crucial to the development of Web3 is better “user journeys.” In other words, we need to become better at offering users a seamless, secure, cost-effective and fast way to jump in and out of Web3. More so, it needs to be fully self-cust
In April 2020, at the height of the first wave of the coronavirus pandemic, Silicon Valley heavyweight Marc Andreessen published a call to action for the innovators and dreamers of the world: “It’s time to build.” The U.S. seemed to be in dire straits, according
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S. but they’ve decided not to do it &ndas
Perhaps the most important sign of resilience in Web3 is the fact that builders remain unfazed by current market conditions. After the recent hype fizzled out and the illusion of infinite money evaporated, most developers have stayed around, proving there are important, real-life
Yes, bear markets are for BUIDLing in crypto. Yes, I am bullish on 2023 being the year more builders start to impact the real world through the growing interest in bringing real world assets (RWA) on-chain and, importantly, the explosion of interest and projects in the regenerati
At the end of January, the Hong Kong Monetary Authority (HKMA) indicated it may require firms to keep to their principal business and have a locally incorporated entity in Hong Kong if they want to obtain stablecoin licenses, according to its consultation conclusions.The HKMA&rsq
The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk.This is a milestone, not onl
Let me posit two reasons why, over the past month, bitcoin has surged to its highest level since mid-August and outperformed every other major asset in both crypto and traditional markets.Together, they highlight the unique advantage that Bitcoin draws from its status as the olde
The U.S. Securities and Exchange Commission late Thursday released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs, the so-called "company" Kwon founded to develop the Terra blockchain. Broadly, the SEC alleges that Kwon and others “
Last year, failings at crypto issuer Terra ricocheted across the crypto ecosystem, ultimately claiming crypto exchange FTX, a giant in the space. This investigation of court records shows how the millions – if not billions – of dollars’ worth of exposures among
Hong Kong is warming up to crypto, and a licensing regime for Virtual Asset Service Providers (VASP) – the local term for crypto exchanges – kicks in on June 1.Does this mean crypto is going "fully legal" in the city for everyone, as a tweet suggests? Not at all.
The U.S. has been busy cracking down on crypto firms these past two weeks, but on the other side of the pond the U.K.’s financial regulator has barely moved an inch. It may, however, just be the calm before a storm.The U.S. Securities and Exchange Commission has not been sh
On Wednesday, Feb. 15, non-fungible token (NFT) marketplace Blur overtook OpenSea in daily Ethereum trading volume, according to data analytics platform Nansen.ai.Other data aggregators point to Blur's steady rise over the past month. A Dune dashboard created by data scientist Hi
In his immediate response to media queries, the former dean of Stanford’s law school, Larry Kramer, gave a very personal explanation for why he’d pledge $500,000 to get Sam Bankman-Fried out on bail. Kramer, along with Stanford computer scientist Andreas Paepcke, were
Bitcoin's (BTC) price movement is on fire, and it is now testing a significant level of resistance that may open the floodgates for bulls and propel the BTC price far higher.
Stock market returns are overwhelmingly driven by a small group of winners. We expect the same trend in digital assets.Between 1926 and 2016, just five out of 25,300 publicly traded companies drove 10% of the entire U.S. stock market’s $35 trillion of total wealth creation:
There are three things commonly known about Sam Bankman-Fried. The first is he led one of the biggest derivative cryptocurrency exchanges in the world. The second is he will be tried for eight counts of money laundering, financial and elections fraud.Together, these charges &ndas