CoinDesk Crypto

There will be no crypto commercials during this year’s National Football League (NFL) Super Bowl.I know. No digitized, high-school aged LeBron James talking about a crunk future, no low-budget QR codes bouncing around the screen, no cute Shiba Inus. It’s kind of sad.

There were a number of bankruptcy hearings this week, but the big news was Kraken settling charges with the U.S. Securities and Exchange Commission and ending its U.S. crypto staking program as a result.You’re reading State of Crypto, a CoinDesk newsletter looking at the in

Thursday, storied peer-to-peer crypto exchange LocalBitcoins said it will wind down services due to financial pressure. The news is a loss for the industry. The Helsinki-based firm was founded by Jeremias Kangas in 2012 and became a critical, if increasingly unused, part of the B

When scarcity is the dominant economic model, accumulation of capital is the priority: This is the status quo for now. Within our current model the most successful tool ever invented to accumulate and deploy capital is the joint stock company. And joint stock companies, corporati

Call me naive, but I’ve always resisted the conspiracy theory that the anti-crypto stance adopted by certain U.S. regulators is meant to strangle this industry and protect the financial establishment it seeks to disrupt. I’ve preferred to see it as a wrong-headed but

El exchange de criptomonedas Kraken y la Comisión de Bolsa y Valores (SEC, por sus siglas en inglés) de Estados Unidos llegaron a un acuerdo sobre el staking.Read this article in English.

For the crypto wealthy, hope springs eternal but the rest of us should be very skeptical. Even after the collapse of many crypto companies erased the industry’s credibility along with a lot of fake and real money, the Republican House of Representatives majority wants to do

The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators.The San Fra

New research shows that huge swaths of the millennial generation are betting big on cryptocurrency -- maybe too big. In fact, more than a quarter of them have so much faith in Bitcoin, Ethereum and...

Crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC) have settled over staking.The regulated Kraken exchange has to pay a $30 million penalty and immediately cease its U.S. service. But, more importantly, staking continues in the United States. Staking ref

Editor's note: CoinDesk has reprinted Aronow's letter in its entirety as it was provided, except for minor edits for profanity and grammar.It’s been a surreal couple of weeks for me. For those who don’t know, after a year of ignoring some pretty scary symptoms, my doc

Decentralized finance (or DeFi) is characterized by speed, autonomy and transparency unmatched by legacy banking institutions. The financial crises of the past half-century, brought about by opacity, obfuscation, inefficiency and excessive human meddling, clearly justify these in

The language included in the European Union's comprehensive crypto regulation, known as MiCA, is highly restrictive and could limit the growth and innovation of the blockchain industry. In particular, Article 68 poses a threat to the privacy and security of individuals, businesse

On Wednesday Coinbase CEO Brian Armstrong went public with "rumors" about the U.S. Securities and Exchange Commission (SEC) working to “get rid of” retail-focused crypto staking offerings. If concerning, the scuttlebutt isn’t new: SEC Chair Gary Gensler took the

Decentralized finance (DeFi) has been one of the fastest-growing sectors in the blockchain and cryptocurrency space in recent years

Bitcoin miners, who have been battered by the recent bear market and high energy prices for months, are finally getting some relief thanks to natural gas prices that have fallen about 75% since August. Crypto prices, meanwhile have rebounded.Miners use copious amounts of energy,

Shutdown of the once-dominant darknet marketplace Hydra in 2022 changed the market for drugs and other illicit goods. According to blockchain analytics firm Chainalysis, blockchain data shows many of the darknet vendors quickly switched from Hydra to another marketplace, OMG!OMG!

JPMorgan seems to have confirmed what everyone already knows: The emergent world of artificial intelligence (AI) is the top trend of 2023. In a recently released survey of 835 institutional traders, some 53% cited AI and machine learning when discussing the technologies most like

You’ve probably heard the story of the market for “lemons” – not the fruit, I’m talking about low-quality consumer durables. In his seminal paper, economist George Akerlof showed that information asymmetry as to which second-hand cars are good and wh

This week, Glenn Williams Jr. addresses one of the hotter debates in cryptocurrencies at the moment: How traders should feel about bitcoin and ether possibly achieving a “golden cross,” a popular indicator from technical analysis.Then, Todd Groth, head of index resear