CoinDesk Crypto

Ahead of landmark legislation, Revolut, a digital bank centered in the United Kingdom, has announced a plan to expand its bitcoin (BTC) services to some 17 million potential customers in the European Union and its greater economic area.

Well, the annoying market is still annoying, wishy-washy and boring (apart from bitcoin tanking Thursday night) so we’re going to keep leaning into tech, policy, privacy and other related topics until the annoying market stops being annoying.Don’t worry, though, there

The shiba inu cryptocurrency was born as a mockery of dogecoin, but what is it worth?

The U.S. Trustee overseeing the Celsius Network bankruptcy is right to seek an independent examiner because the crypto lender’s CEO hasn’t been forthright with information.Sasha Hodder, founder of Hodder Law Firm, told CoinDesk TV Friday there needs to be more “

Severe tensions have been unleashed in cryptoland since Ethereum-based mixing service Tornado Cash was added to the U.S. Office of Foreign Assets Control’s (OFAC) specially designated nationals (SDN) list last week. But this is just the beginning.The move, which was prompte

Next month, years of research and development will culminate in the Merge, when the Ethereum blockchain will transition to the proof-of-stake consensus mechanism. There are many reasons to be excited about the end of mining ether (ETH), an energy-intensive process.Perhaps above a

The Merge, the much-anticipated Ethereum upgrade set to take place on Sept. 15, is what many experts call "one of the most significant moments in the history of crypto." With all of the buzz...

The proposed Ethereum fork will provide nothing but carbon emissions and an exit strategy for mining syndicates.

Bitcoin will always have a place in history as the mother cryptocurrency -- but being the first there is no guarantee of longevity.  Netscape Navigator was the first web browser, yet it passed into...

While there are literally thousands of cryptocurrencies, when it comes to the big dogs, there are really only two: Bitcoin and Ethereum. Bitcoin is the original crypto, created in 2009, and Ethereum...

CORRECTION (Aug. 19, 8:56 UTC): Adds missing qualification clause at start of first quote; removes assertion that OFAC was wrong to sanction Tornado Cash from second paragraph.The U.S. Treasury Department’s sanctioning of the Tornado Cash cryptocurrency mixer was an unprece

The U.S. Treasury Department’s sanctioning of the Tornado Cash cryptocurrency mixer was an unprecedented move threatening privacy and innovation, according to one U.S. member of Congress. And he thinks Congress should start asking questions.On CoinDesk TV’s “Fir

What makes a crypto token a security? It’s the central question plaguing the industry, and while the U.S. Securities and Exchange Commission isn’t volunteering an answer, the agency has showed some of its hand in enforcement documents crypto lawyers are studying like

After BlackRock, the largest asset manager in the world, announced on Aug. 11 that it will launch a private bitcoin trust for its clients, some crypto enthusiasts said the move could legitimize the digital asset in the eyes of more traditional investors.BlackRock’s new priv

As William Gibson famously observed, the future is already here – it's just not very evenly distributed. If you want to see what a crypto-integrated society looks like, you don’t need a time machine: a plane will do.

Two bills in the U.S. Congress could set the direction for regulating the crypto industry in the coming months, said Kristin N. Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC).Johnson, who was sworn in earlier this year, told CoinDesk TV on Wednesday th

Retail customers of bankrupt crypto lender Celsius Network are likely to recover just a portion of their funds at best and “the consumer business is dead” for Celsius, Thomas Braziel, founder of investment firm 507 Capital, said.Recoveries could be “between 50 t

VC companies invested in crypto startups more than in any other industry in 2021, according to a recent report by Galaxy Digital. Yet 2,411 coins failed that same year, and funding for crypto startups fell 26 percent in Q2 of 2022.

The most widely used blockchain, Ethereum, is set to undergo a major upgrade to its protocol, from proof-of-work to proof-of-stake, sometime next month.The upgrade will bring significant changes to the Ethereum network and potentially change the investment outlook for the popular

“Don’t say Terra.” Sometimes explicit, sometimes not – the message was clear.Earlier this month, the who’s who of South Korea’s crypto scene descended upon hotel ballrooms in Seoul’s ritzy Gangnam district. They were there to attend a str