CoinDesk Crypto

Capitalism failed crypto. Or perhaps they failed each other.No, I’m not trying to exonerate Sam Bankman-Fried and all those who have abused people’s trust and destroyed faith in this industry.

The pace of technological innovation in crypto finance is nothing short of astounding. Bitcoin, the “magic internet money” of yesterday, is now knocking on the doors of high street shops, bars and restaurants.The Lightning Network (LN), a web of interconnected nodes m

With thousands of cryptocurrencies available to buy and sell across centralized and decentralized trading platforms, confidently building a portfolio can be confusing and stressful.

The crypto industry was just getting over the TerraUSD collapse that resulted in the wipeout of 3AC, Celsius and Voyager, when another storm, much bigger than the last one, hit it in the form of FTX.

2022 proved to be a year rich in huge shocks and cryptocurrency project bankruptcy. Following each event, the prices of assets fell at the same time. The latest crisis was no exception: the transition of FTX.

In the aftermath of the collapse of FTX, many are justifiably concerned about the solvency of crypto exchanges. Sam Bankman-Fried’s fraudulent bucket shop may have been an outlier – court documents filed earlier this week by U.S. authorities allege that some $8 billio

Se está produciendo una brutal crisis de liquidez. Mientras los bancos centrales retiran moneda fiduciaria de sus economías a un ritmo que no se veía desde principios de los 80, a las instituciones financieras que se han estado apoyando en el dinero fá

The term "degen," short for degenerate, has become a term of endearment in the crypto community. Its usage stems from the high-risk, high-reward nature of digital asset trading – and the propensity for people to bet the house. If Wall Street ever looked down on crypto&rsquo

“Is it art? All of these people really amuse us, but the annoying thing is that none of them are worthy of the title ‘artist.’ It’s a con, a hoax, and endangering art history and the whole aesthetic tradition.”What sounds like an argument during a de

Let’s face it, crypto still has a reputation problem and, as of now, rightfully so – but 2023 is the moment to change that at a root level. Recent events have only accentuated a lack of trust in the space from both businesses and consumers. The worst part is that this

The law is catching up with Sam Bankman-Fried, colloquially "SBF," co-founder and former CEO of collapsed crypto exchange FTX.The whole situation has led to a loss of trust in the cryptocurrency industry, which needs to be addressed by financial advisors.

There’s a brutal liquidity squeeze going on. As central banks withdraw fiat currency from their economies at a rate not seen since the early 1980s, financial institutions that have relied on easy money are finding it hard to survive. The crypto industry is among the worst a

Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.You’re reading State of Crypto, a CoinDesk ne

This fall, the Biden administration in the U.S. released a framework outlining a potential way to regulate the emerging digital asset industry. The report also came with a proposal for studying a central bank digital currency (CBDC), which seems like the direction the whole world

In the early years, people left Wall Street for crypto because they believed in the future of this industry. It was fundamentally different from traditional finance. Then somewhere during the last bull run, the calculus changed. We started filtering candidates not on their crypto

In the early years, people left Wall Street for crypto because they believed in the future of this industry. It was fundamentally different from traditional finance. Then somewhere during the last bull run, the calculus changed. We started filtering candidates not on their crypto

I was about to get on a plane late Monday when the arrest of FTX and Alameda Research founder Sam Bankman-Fried in the Bahamas first became public. His profound and manifold criminality has been obvious for weeks, with more signs of disturbing corruption seeming to emerge daily.T

The king of crypto, bitcoin, has had a poor year after reaching a record high in November of last year with its price is down more than 70%.

Remember the halcyon days of DeFi summer? Bitcoin was roaring, the Grayscale arbitrage trade was wide open, the basis trade was just getting going, traditional finance (TradFi) interest rates were plummeting and the broader public started to realize that a fully liquid 10% on sta

Movies about stock traders and investors often depict Wall Street mercenaries with great hair or uber-nerds wedded to their computers, but the age of the human trader is already a thing of the past. Welcome to the age of the “bot.”Trading bots use algorithms that exec