Crypto funds' assets under management fell to their lowest level since July 2021 last week due to the recent drop in cryptocurrency and stock market prices,...
One of the most enduring legends in the cryptocurrency industry is that Vitalik Buterin founded Ethereum because his warlock was nerfed. "I enjoyed playing World of Warcraft...
Former BitMEX CEO Arthur Hayes was sentenced Friday in a New York federal court to two years of probation with six months of house arrest and...
DAVOS, Switzerland - Defense contractor Lockheed Martin and the Filecoin Foundation could soon make an open-source blockchain network accessible in space. The two organizations made the...
If you registered for Consensus 2022, you are eligible to receive DESK, CoinDesk's newly launched social token. Below are step-by-step instructions on how to claim the...
The metaverse is often described in such futuristic terms that it is difficult to understand how you can participate in it today. In truth, however, metaverse-like...
The term "metaverse" was first coined in 1992 in Neal Stephenson's science fiction novel Snow Crash and is more or less defined as a virtual world...
The metaverse is no longer just a term from science fiction. When technology changes our lives, it doesn't always happen surprisingly. The Internet, the smartphone, and the...
Forks, or the threat of forks, seem to be a staple of the cryptocurrency landscape. But what are they? Why are they such a big deal?...
At CoinDesk, we're not just reporting on the business model transformation that digital assets and the blockchain have enabled - we're actively participating in it. At last...
In his groundbreaking novel, Ready Player One, author Ernest Cline describes a grandiose virtual reality where people spend the majority of their time and which offers...
Twelve percent of adults owned cryptocurrencies in 2021, according to a Federal Reserve survey measuring the economic health of U.S. consumers. The annual survey of 11,000 people,...
Do you want to buy a house but are frustrated by the horrendous prices? Are you concerned that the real estate market is in a bubble? Then...
CoinDesk is launching its social token DESK, making it an integral part of Consensus 2022, our first on-site event since the coronavirus pandemic. Attendees at the festival,...
Clinique had a problem. The brand wanted to "enter the metaverse," but it didn't want to do so in a way that was uncomfortable. So it...
When the world's largest beer company wanted to "enter the metaverse," it turned to a woman named Lindsey McInerney. But that may be understating her involvement....
Metaversum, metaversum, metaversum! You hear it everywhere. It's mainstream, it's a trendy buzzword, it's even the business strategy du jour. But that wasn't the case in early...
If you want to visit Decentraland for the first time, you first need to navigate to the official website and click "Start Exploring" in the top...
There is a serious problem in our modern world. Most people in the world have few, if any, assets that can benefit them in the future....
For Metaverse real estate investors, the fact that online real estate is worth more than real estate in the real world isn't too hard to imagine,...
Guess what holiday falls on July 31? That would be National Orgasm Day. That was the occasion for French cosmetics brand NARS to unveil NFTs of...
Earlier this month, we reported on PayPal's decision to ban two independent media organizations, Mint Press and Consortium, from using its payment platform. The websites are...
Popular e-commerce platform eBay (EBAY) has released its first collection of hockey-themed non-fungible tokens (NFTs) in partnership with Tezos-based NFT platform OneOf. EBay officially announced its interest...
Good morning and welcome to First Mover. I'm Lyllah Ledesma, here to guide you through the latest crypto markets, news and insights.Price Point: Bitcoin and Ether...
A little-noticed impact of the terraUSD (UST) collapse relates to Lido, a liquid staking protocol, Goldman Sachs said in a report Friday, showing how decentralized financial...
The conversion of nearly $22 million worth of Ether into the stablecoin USD Coin (USDC) by the seemingly dormant blockchain project Sparkster in recent days has...
Video game retailer GameStop (GME) has unveiled a digital wallet for storing, sending and receiving cryptocurrencies and non-fungible tokens (NFTs) ahead of the launch of its...
According to a report from Nikkei Asia, Japanese bank Sumitomo Mitsui Trust will launch a new company to provide digital asset custody services to institutional investors.Called...
French banking giant BNP Paribas (EPA) has joined JPMorgan's (JPM) blockchain-based fixed income trading network, according to a Financial Times report.The Onyx Digital Assets network uses...
Crypto Valley Venture Capital, which also calls itself CV VC, is launching an Africa-focused fund to support blockchain startups on the continent. The investor made the...
Good Morning. Here's what happened: Prices: Bitcoin gains slightly in weekend trading, but doesn't get much above $30,000; Ether and other major cryptocurrencies are in the green. Insights:...
If you've spent any time on crypto-Twitter in the past few months, you may have noticed a strange new presence in your feed - an army...
Last week, the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge released an update to its much-cited (and rightly so) Cambridge Bitcoin Electricity...
In recent years, Cherie Hu has become one of the most reliable prognosticators in the music industry - the kind of expert who knows exactly where...
Luna collapsed, terraUSD collapsed, and this is going to be a big deal now. I would even go so far as to say that the collapse...
Justin Sun, founder of the Tron blockchain and Grenada's ambassador to the World Trade Organization, said the collapse of UST and LUNA is a good lesson...
Former BitMEX CEO Arthur Hayes was sentenced Friday in federal court in New York to two years probation and six months house arrest with site supervision....
The "travel rule" officially applies to "virtual asset service providers" (VASPs) as of this month. It requires VASPs, such as crypto exchanges, to record the names...
Bitcoin (BTC) moved in a choppy range last week while volatility increased. This could reflect uncertainty among crypto traders. BTC is down 3% in the last 24...
Cryptoassets should be subject to the same standards as the rest of the financial system, according to the group of finance ministers from the world's seven...
NIAGARA FALLS, NY - An explosion and subsequent fire rocked a Blockfusion crypto mining facility in New York state last week, causing thousands of mining rigs...
In 1992, author Neal Stephenson published his third novel, titled Snow Crash. In it, Stephenson's characters interact in an entirely digital environment where appearances can be...
Billions of dollars have been pulled from the ecosystem since Terra's U.S. dollar pegged stablecoin terraUSD (UST) lost parity two weeks ago, causing massive losses for...
Bitcoin (BTC) continues to struggle around the lower end of a year-long trading range. The cryptocurrency could find support at $25,000 and $27,000, although there is...
Tron, the blockchain founded in 2017 by entrepreneur Justin Sun to compete with Ethereum, will release its algorithmic stablecoin called decentralized USD (USDD) on Thursday. But already,...
Fred Ehrsam bought more than one million shares of Coinbase (COIN) last week, valued at about $75 million, and jumped in as the crypto exchange's stock...
The founder of a so-called decentralized stablecoin believes that the collapse of Terra is a wake-up call for those who have not yet realized the risks...
Happy Friday, dear readers. This is David Z. Morris, filling in for Michael Casey. For the past six weeks, I've been keeping a wary eye on the...
Chris Pace, Technology Officer, Coincover"Is crypto safe?" It's a question we hear all the time, right after "Isn't it a scam?" and "But I've heard about...
Good morning and welcome to First Mover. I'm Brad Keoun, here to guide you through the latest crypto markets, news and insights. (Lyllah Ledesma is out...
The terra network and its leader Do Kwon rose to the highest levels of the crypto world thanks to big investors, only to fall apart in...
Decentralized finance protocol iZUMI Finance has raised $30 million through the sale of bond vouchers and claims on its iZUMi Bond USD (iUSD), the company said...
Currently, when you send a bitcoin transaction, it goes something like this: You get an address from your recipient, you choose which unspent transaction outputs (or...
Billions of dollars have been withdrawn from the ecosystem in the two weeks since Terra's U.S. dollar-linked stablecoin terraUSD (UST) lost its peg, resulting in massive...
Cryptocurrencies should be subject to the same standards as the rest of the financial system, according to finance ministers from the world's seven largest industrialized countries. A...
Consensus 2022 June 9-12, 2022 Consensus returns to an in-person format and will be held for the first time ever in Austin, Texas. Since 2015, Consensus has been...
Using distributed ledger technology (DLT) to lower the cost of cross-border payments requires regulators to stop looking at individual companies like banks and instead focus on...
The impact of the cryptocurrency market's recent decline on overall spending in the U.S. is likely to be very small, Goldman Sachs said in a research...
The U.K.'s Financial Conduct Authority and the U.K. Treasury will scrutinize the collapse of the Terra ecosystem crypto tokens as they draft new rules for crypto...
Bitcoin (BTC) options activity points to increasing bearish sentiment among investors as the asset hovers between the $29,000 and $30,000 price levels. Bitcoin fell to nearly $24,000...
Good morning! Here's what happened: Prices: Bitcoin is recovering somewhat; most other cryptocurrencies are in the green. Insights: KuCoin will use part of its $150 million capital raise...
Two U.S. nationals have been charged with running a crypto Ponzi scheme that allegedly defrauded hundreds of investors out of a total of $44 million. Commodity Futures...
Avalanche, a smart-contract blockchain, said in a tweet that Luna Foundation Guard (LFG) - the entity behind the reserve fund set up to secure the now-failed...
U.S. cryptocurrency exchange Coinbase Global (COIN) is pausing new hires for two weeks and cutting cloud spending on Amazon Web Services, along with other cost-cutting measures...
Former BitMEX CEO Arthur Hayes faces trial in a New York court on Friday after pleading guilty in February to charges that he willfully failed to...
Bitcoin (BTC) held short-term support above $27,500 as buyers responded to oversold conditions on the charts. The cryptocurrency may face resistance at $35,000, where the current...
Bitcoin (BTC) briefly rose above $30,000 on Tuesday, extending its week-long trading range to the upside. Most cryptocurrencies appear to be stabilizing along with stocks, indicating a...
There are many misconceptions about DeFi (decentralized finance). Perhaps the most important is that Defi wants to replace traditional finance. It doesn't. Rather, DeFi is a...
The U.S. Department of Commerce's International Trade Administration is seeking public comment on how to respond to President Joe Biden's executive order on crypto, according to...
Panama's President Laurentino Cortizo said Wednesday that he may veto a recently passed law regulating the use of cryptocurrencies in the Central American country. Although he called...
Ryder Ripps, a contemporary artist known for his satire, stunts and design work for Millennial brands, has begun minting a set of non-fungible tokens (NFTs) mocking...
Bitcoin (BTC) held short-term support above $27,500 as buyers responded to oversold conditions on the charts. The cryptocurrency may face resistance at $35,000, where the current...
Digital art collective UnicornDAO has raised $4.5 million to support women and LGBTQ-led non-fungible token (NFT) initiatives, with members from all corners of the NFT space...
Ethereum's public proof-of-stake network Ropsten will undergo a "merge" next month ahead of the mainnet launch, according to developer activity on GitHub. The merge refers to Ethereum's...
A senior U.S. financial crimes enforcement official on Thursday directed the crypto industry to proactively blacklist "problematic" wallets even before the Treasury Department tells them to...
Finance ministers from the major industrialized nations of the Group of Seven (G7) will call for faster global regulation of cryptocurrencies following the collapse of the...
Michael Barr, a former Ripple adviser nominated by President Joe Biden to lead the Federal Reserve's oversight of the U.S. financial sector, said during a Senate...
You don't like Facebook. Democrats don't like Facebook. Republicans don't like Facebook. It may be the one thing most people in the United States agree on. But...
The Solana market for non-fungible tokens (NFT) is starting to take off. Daily transactions on the ecosystem's leading marketplace, Magic Eden, now surpass OpenSea, Ethereum's counterpart. According...
