CoinDesk Crypto

While women continue to make up a significant portion of active Web3 users, there aren’t enough women building in Web3 due to structural and social barriers.According to a recent study by Boston Consulting Group (BCG) and diversity-focused innovation studio People of Crypto

Cryptocurrency and digital finance tools such as security tokens, non-fungible tokens (NFT) and central bank digital currencies (CBDC) are revolutionizing the financial industry, providing individuals with new and innovative ways to invest, transact and store value.While these to

Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.You’re reading State of Crypto, a

It could not be a more interesting time in Bitcoin.Yuga Labs, the $4 billion company behind the Bored Ape Yacht Club non-fungible token (NFT) series, generated $16.5 million from its first NFT auction using the Ordinals protocol on Bitcoin. These 288 NFTs, part of a collection ca

They say patience is a virtue. But markets, at least the parts and participants that we hear about every day, like quick hits. Long-term investors may sleep better at night but they don’t get much time in the spotlight.When it comes to crypto development, however, patience

In a recent episode of “What Bitcoin Did” with host Peter McCormack, Grayscale’s longtime chief executive, Michael Sonnenshein, said his company’s decision to sue the U.S. Securities and Exchange Commission (SEC) was not taken lightly. In the sometimes con

While the correlation between catastrophic crypto events and psychological trauma has not been thoroughly researched, there are extensive studies that empirically show how financial loss often results in lasting feelings of frustration, regret, and guilt.

The longer John J. Ray III leads FTX through bankruptcy, the more fantastic the story of FTX’s collapse becomes.On March 2, FTX published a press release detailing a presentation filed for the exchange’s Chapter 11 bankruptcy case, citing a “massive shortfall&rd

The institution of personal banking is incredibly powerful.You don’t even need to read a research report or some harrowing personal account to prove it. Instead, just pretend for a moment that all your bank accounts are frozen. Your credit cards don’t work either.

This week, the U.S. Senate Committee on Environment and Public Works (EPW) will hold a hearing on digital assets and the environment. This hearing will almost exclusively focus on the energy use from Bitcoin’s proof-of-work mining process.At its simplest, Bitcoin data cente

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital currency (CBDC). The shortage came about due to cash restrictions aimed at pushing the country into a

Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has recently made some comments on the legal status of Bitcoin that investors should note.

Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions.The

Mentioning “tokenization of real-world assets” to some of my longer-serving colleagues at CoinDesk can elicit eye rolls – they’ve heard it all before.But at the risk of falling into the “this time is different” optimism trap, I would say the cu

This weekend marks the culmination of ETHDenver, probably the most important annual gathering for smart contract and decentralized finance (DeFi) developers right now, on Ethereum and beyond. I wish I could be there this year, but I’m still recovering from a pretty intense

A brutal winter in crypto is thawing into a promising spring. And as the industry looks to revitalize its reputation, a new trading model is helping to build credibility back by providing a pathway...

With announcements aplenty, it’s been a big news week in crypto. Price action may be just around the corner.

One of the crypto sector's core banks, Silvergate Capital Corp., is being hollowed out in a classic customer retreat familiar to students of bank-run history.The latest and most severe flight of customers from the La Jolla, California-based institution was accelerated this week b

It was just over four months ago when Blur launched as a no-fee non-fungible token (NFT) marketplace targeting "pro" NFT traders. Its no-frills user interface and advanced features like “floor sweeping” across multiple marketplaces, fast "snipe reveals" and portfolio

Crypto banking is in a mess. The collapse of the FTX exchange caused damaging runs on two U.S. regulated banks. One of them – Silvergate Capital Corp. – had to sell assets at a loss to repay depositors and lenders, and as a result has now warned that it may not be abl