CoinDesk Crypto

Olaf Carlson Wee is the prototypical “crypto bro.” He got in early, got rich and now spends his time investing and making art. He wears colorful, flamboyant clothes, has bleached his hair and has an electronic music studio in his home. In 2017, around the time of the

This morning, the House Financial Services Committee is discussing the future of stablecoins under U.S. regulation. The committee will hear testimony from five experts, although notably it appears only two of those actually represent the crypto industry: Dante Disparte, chief str

The emergence of Web3 is bringing about a fundamental shift in the way we interact with each other and the internet, providing users with more control over their digital assets and identities.

The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algori

There’s reportedly been a nasty bug going around OG crypto holders, notably affecting one of the most critical parts of Web3 infrastructure: the MetaMask wallet. Over 5,000 ether (ETH) worth about $10.5 million have been stolen from crypto veterans using a variety of non-cu

Self-custody of cryptocurrency is holding and securing one's digital assets rather than entrusting them to a third party, such as a centralized exchange.

Markets are noisy, chaotic things that we human beings instinctively try to imbue with order and reason. This generally involves searching for explanations as to why prices are trending up or down or what triggered a sharp move.Often there is an obvious explanation – an ear

The Office of Foreign Assets Control’s (OFAC) decision last year to impose sanctions on the Tornado Cash software protocol has far-reaching implications for the rights of Americans and raises serious regulatory and constitutional questions. Six individuals who fell victim t

Breakthrough technologies are built on the promise of value – the ability to create something new that makes some element of human coordination undeniably better.From the moment Satoshi released the Bitcoin white paper, crypto evangelists have touted the immense, revolution

This year feels like the first time the U.S. government got serious about crypto, and with recent actions by the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC) and Internal Revenue Service (IRS), you can’t blame investors for feeling a

Imagine getting a phone call from your high school buddy offering you the next-best career opportunity of your life. Sounds too good to be true, right?That’s exactly what happened with Hannah Siegel-Gardner who first entered the non-fungible token (NFT) space after her high

The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belong

A draft of a stablecoin bill that had been circulating among U.S. lawmakers since last fall was published over the weekend. At its center are stablecoins and central bank digital currencies (CBDC), which have conveniently been set up as a hot button issue for the upcoming electio

NEW YORK — NFT.NYC 2023 brought the heat to Manhattan.The three-day-long flagship non-fungible token (NFT) conference took place as temperatures ranged between 80 and 90 degrees Fahrenheit, uncharacteristically hot for mid-April.

It’s hard to imagine why anyone would be in favor of a central bank digital currency, or CBDC. The benefits are few and far between but the risks of abuse are severe.While CBDC boosters may profit from advocacy or working to secure CBDC design contracts with governments, it

Lots of critics have a hard time seeing the value proposition of blockchains, and I can’t entirely blame them. As I often have to tell my clients, anything you can do on a blockchain you can do better, faster and cheaper with a centralized system. So why bother at all?Block

Decentralized Finance (DeFi) has emerged as a revolutionary force in the financial industry. When traditional banks narrowly avoided a systemic bank run, and centralized exchanges (CEX) collapsed spectacularly, DeFi kept working, providing trustless financial services to people a

Stablecoins have become an indispensable component of the cryptocurrency ecosystem, denominating 80% of centralized exchange (CEX) trades and playing a crucial role in the rapidly expanding world of decentralized finance (DeFi). Providing a stable store of value and enabling seam

Narratives about crypto regulations and compliance, or lack thereof, are increasingly missing the point. The general purpose of financial regulation is to maximize consumer protection, prevent fraud and abuse, and ensure well-ordered markets. Broadly speaking, the mission is the

This is going to sound presumptuous coming from a guy who doesn’t write code, let alone have any direct experience in machine learning or artificial intelligence research.But I gotta say it: The recent alarmist demand for a six-month pause or even a militarily enforced shut