On Feb. 17, users of a small but well-known Italian crypto exchange received emails saying The Rock Trading (TRT) was having liquidity issues and is "interrupting" its work.“The company is conducting internal audits to identify the causes of the problem and evaluating the a
The fitness industry has long used gamification methods to motivate health and wellness. From FitBits to workout-tracking apps, data gamification has given fitness brands new insights into customer behavior while motivating gym goers to stay on target with their goals.“Anyt
Is there a method to the SEC’s madness?Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s
One nagging question about Sam Bankman-Fried and his FTX Crime Family has always been: what was the endgame? Given the incredible extent of the theft taking place, how did Bankman-Fried and his inner circle of co-conspirators foresee escaping their giant con with their freedom an
Despite many bitcoin miners suffering greatly during the 2022 downturn, BTC is rallying harder than ever and with it, many new opportunities are blossoming for investments in mining.
What even is a DAO? A decentralized autonomous organization (DAO) is a global collaboration tool that allows communities to make decisions in a decentralized, transparent and accountable manner by recording activities on a blockchain.It’s a general purpose solution that use
Just a few months after the enormous upgrade called the Merge -- the full transition to proof of stake (PoS) from proof of work (PoW) -- Ethereum is slated to undergo another major one, the so-called...
Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election – but people are still not turning to the national digital currency, the eNaira, which promised to improve retail payments.The digital iteration
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important.You’re reading State of Crypto, a CoinDesk newsletter looking at
Decentralized autonomous organizations (DAO) are emerging as a new tool for organizing, managing and scaling Web3 projects.This article is part of CoinDesk’s “BUIDL Week.” James Young is the co-founder of Abridged, the makers of Collab.Land.
One of the most significant events for the Ethereum blockchain is likely to be the Shanghai upgrade. Currently planned for the second half of 2023, the Shanghai upgrade will implement a number of improvements to Ethereum. Chief among them is the ability for ether (ETH) stakers to
A recent legal decision may offer some much-needed – though not much-liked – clarity on the regulatory landscape ahead for non-fungible tokens (NFT) that may define how centralized companies proceed in entering Web3.The federal judge in New York overseeing a class-act
The IRS treats cryptocurrency as property. Buying and holding it isn't a taxable event because that doesn't generate capital gains or losses -- but selling and exchanging it does. So if you did either...
Coinbase (COIN) has big plans for its newly announced Ethereum scaling product. The project, Base, built in collaboration with layer 2 network Optimism on Optimism’s Massachusetts Institute of Technology-licensed OP Stack, aims to reduce ETH transaction fees to 1 cent, inte
The price of bitcoin has been steadily on the mend since the beginning of the year and, in light of the Federal Reserve’s raising of interest rates, a new dynamic between BTC and traditional financial markets could be emerging.
Although the term goes all the way back to pre-modern times, the first rigorous framework for defining public goods was created in the 1950s, first by economist Paul Samuelson and then later Richard Musgrave, who formulated the definitions of “non-rivalry” and “
While this year’s price performance of the two largest cryptocurrencies has been impressive, with bitcoin (BTC) up over 46% year to date and ether (ETH) up over 37% YTD, the U.S. Securities and Exchange Commission (SEC) has been aggressively pursuing increased regulation on
As surely as the Earth spins on its axis, spring emerges after winter. This applies to markets as well, and few markets have suffered as brutal a winter as crypto assets. It’s not just the collapse of prices that hurt, it’s also the implosion of key components of mark
Artificial intelligence (AI) has gained tremendous traction over the last couple of months. Since the end of 2022, AI has become a household topic due to the mainstream adoption of OpenAI’s chatbot “ChatGPT” and its immediate, worldwide impact across industries
Crypto's impact in the wake of the tragic earthquakes in Turkey and Syria was felt not only through large donations, but through this global community's responsive manner. Key crypto leaders and companies directed contributions to nonprofit organizations providing aid to victims