CoinDesk Crypto

Stablecoin regulation is one of the most controversial topics in cryptocurrency. Recent reports from U.S. regulators as well as the Biden Administration have warned that stablecoins could threaten financial stability, although many are skeptical of that claim. Previous proposals

As the 118th U.S. Congress begins, the stakes surrounding our privacy rights have never been higher. For decades, lawmakers have utterly failed to defend everyday people – much less those who are most vulnerable online – from dangerous encroachments into our digital p

Forget the Great Reset. Members of the industry known as “crypto” (or is it “blockchain,” “digital assets” or “distributed ledger technology?”) attending this week’s World Economic Forum under the shadow of the crisis known as

DAVOS, Switzerland — The crypto world’s efforts to showcase a stable industry in front of the world’s elite wrapped up Thursday outside the World Economic Forum’s (WEF) annual conference in Davos.And in a reversal from the rest of the week, the biggest eve

Executives at Gemini, the crypto exchange led by Cameron and Tyler Winklevoss, have insisted in a blog post that the halt in customer withdrawals on the company’s $900 million Earn program “does not impact any other Gemini products and services.”But a close look

The U.S. Department of Justice (DOJ) took a page out of a certain crypto-hype-man's book Wednesday when announcing an announcement. And following the age-old tradition, the news eventually disclosed was, at least on the surface, a bit of a nothingburger.Given everything that has

As FTX fell last November, trading volumes on decentralized exchanges (DEXs) began to peak. They tripled on Uniswap, one of the world’s largest and most trusted DEXs, to $4.2B, while the total across the industry hit $107B.

2023 seems to have gotten off to a pretty good start for the digital assets space.Instability at several crypto projects seems to have at least temporarily resolved itself, and it’s been a few weeks since the last disastrous headlines.

Hey folks. I’m in Davos, Switzerland, through the rest of this week covering the World Economic Forum’s annual conference and the crypto panels held adjacent to the main event. Feel free to reach out on Telegram if you’re here.You’re reading State of Crypt

After the drama punctuated by doldrums (or is it the other way around?) of 2022, many of us glass-half-full types have been welcoming the opportunity to focus less on market moves and more on the impact that the continued development of crypto technology can have on the world. An

About half of the estimated 500 companies attending the 2023 annual World Economic Forum (WEF) event in Davos, Switzerland, are technology companies and startups. You see them stretching out over the Promenade – the main street running through the city center where all the

Today, I’m giving you a sneak peek into another sector that I believe will create huge opportunity for savvy investors in 2023:

Did you know many of the biggest financial and money YouTubers who promoted FTX worked with the same talent agency?As we witness the collateral damage caused by FTX unfold and the federal criminal charges against the crypto exchange’s founder Sam Bankman-Fried stack up, man

Last weekend was exciting for crypto speculators, with the prices of bitcoin (BTC), ether (ETH) and other coins shooting up by double-digit percentages. Zoom out on that price chart and the picture becomes clearer: Things aren’t looking so hot.A year ago, every crypto repor

DAVOS, Switzerland — Crypto as a speculative asset class has had its “comeuppance,” said economist and the former governor of India’s central bank, Raghuram Rajan.But that doesn’t mean the technology that underlies crypto deserves punishment as well

The usual conversations are taking place about what new regulations need to be enacted to prevent another FTX. While it is obvious something needs to happen, experience makes clear that the current regulatory regime is not well equipped to prevent these events. Indeed, even if th

Bitcoin, after months of laggard movements downward, has seen a notable rally. The largest cryptocurrency by market value is now trading above $20,000. This is significant not only because it's the first meaningful jump since the collapse of the FTX exchange, but also because bit

Sold a beachside paradise with A-list models including Kendall Jenner, millennials swarmed to the Bahamas in 2017 for the ill-fated Fyre Festival.We all know what happened next: Wrecked local businesses, dilapidated cheese sandwiches and deceived customers who formed a class-acti

2022 was an utterly forgettable year for digital currencies. Bitcoin, the largest by market value in the lot, shed nearly two-thirds of its value, while losses for smaller, more speculative cryptocurrencies were far more severe.

Although the international crypto space has evolved dramatically in the years since Bitcoin’s launch, new data concludes that more than 90% of altcoins released in the last decade have gone bust, proving not only Bitcoin’s appeal and success, but also its immense standing power.