The market has agreed that staking is a really good deal — more so than core developers ever anticipated. There’s not just demand to build on Ethereum, but a wildly unanticipated demand to participate in Ethereum’s consensus, aka staking. Stakers put down collat
In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Fri
In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Fri
Seasoned investor Peter Brandt on Thursday asked macro guru Raoul Pal if Bitcoin (CRYPTO: BTC) is finally heading for an imminent rally.
What Happened: Brandt posed the question on X, “Might the bull be awoken? Thoughts?” to Pal, seeking his insights ...
If you were in New York last week for the Mainnet conference and asked anyone you met to name the most admired companies in the cryptocurrency category, they’d likely mention an exchange. If you took a 10-minute cab ride to Wall Street and asked the same question about trad
At Spectral, we’re creating and incentivizing a network of modelers, creators, users and validators using proof-of-stake mechanics. The idea — similar to Chainlink (LINK) and The Graph’s (GRT) models — is to build a decentralized marketplace with a built-i
Crypto staking has so far escaped specific regulation in Europe – but many in the industry wonder if it’s helpful to maintain a regulatory gray area.There’s a dilemma for the sector here. Setting detailed rules for the still-developing staking sector could prove
It has now officially been one year since the Ethereum Merge. Last year, the Merge upgrade ushered in the advent of a new era for not only the Ethereum network but for the broader staking landscape, as the world’s second-largest digital asset transformed from proof-of-work
Wednesdays may become Sam Bankman-Fried’s new favorite day.After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday.
At least WeWork had flashy buildings to flaunt for the billions of dollars ex-CEO Adam Neumann raised. But what did Sam Bankman-Fried have to show?SBF, as he was often called, is a pathological liar, an alleged fraud and market manipulator and also a really horrible ex-boyfriend
Since Ethereum transitioned to a proof-of-stake consensus mechanism in 2022, the blockchain has been maintained and secured by users who stake ETH and run validators. The mechanism is simple. Validators deposit ETH in a smart contract, run software to validate and propose new blo
Staking rates are to crypto what interest rates are to traditional finance. Ethereum’s transition a year ago to proof-of-stake with “The Merge” was an incredible accomplishment for its ecosystem that delivered obvious enhancements to network security and reduced
Interest in staking has shown a strong resilience to the bear market. A considerable amount of value remains staked on top blockchains, in many cases surpassing the actual total value locked (TVL) living on-chain.This article is part of CoinDesk's "Staking Week." JK is the founde
Voter apathy is killing the spirit of community in DAOs. Mismanagement and indecisiveness has left many decentralized autonomous organizations (DAOs) wounded and vulnerable to crypto’s equivalent of the 1980s corporate raider. Even MakerDAO, one of the early proponents of t
I was out sick yesterday and so instead of anything resembling a proper newsletter, I have a few thoughts on salient issues of our time, like how an impending government shutdown is probably Not Good News for crypto's D.C. hopes.On a trial-related note, you received preview copie
While the world eagerly awaits the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. there is another crypto innovation that promises to unleash a fervor of economic activity, enabling an even greater wave of mainstream adoption and convergence across the global f
Binance’s Japan unit on Monday said it’s working with financial giant Mitsubishi UFJ Trust and Banking Corporation (MUTB) on developing stablecoins.MUTB and Binance Japan are running a joint study on issuing stablecoins pegged to sovereign currencies like the yen that
Discussions about accelerating adoption of crypto often focus on improving user experience. (UX). The popular thinking goes: Web3 products lag behind from a user experience perspective, onboarding poses multiple points of friction, and technological concepts come with learning cu
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has long taken the position that the majority of crypto tokens should be treated as securities. In March 2023, Gensler stated:“The investing public is investing anticipating a return, anticipating something on
The Merge upgrade, which effectively brought the Proof-of-Stake (PoS) mechanism to Ethereum, was activated almost a year ago. The subsequent Ethereum Shapella upgrade, which allowed staked ETH withdrawals, is about six months old. With these two monumental changes, we saw the ris