The Genesis Block was simply the first block of bitcoin (BTC) to be mined. You might see it called Block 0 or Block 1.It’s still there today and will remain there as long as any computer runs the Bitcoin software. Every node in the Bitcoin network can go and look at it, eve
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...
The mining industry started 2022 off strong with what seemed like ample capital to expand, but high energy prices, increasing competition for Bitcoin blocks and a bear market hit miners, knocking out those with high leverage.The sector was shaken by bankruptcies and loan defaults
Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since we first launched in 2021, I asked CoinDesk’s Policy Team what they&rsquo
For many people, myself included, who were drawn to cryptocurrencies by the prospect of fixing or replacing an exclusionary, extractive, outdated global financial system, the failure in crypto markets this past year has delivered an extremely cold bath.Now, to be clear, most of t
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...
A prominent saying in the Bitcoin space is “don’t trust, verify” — which means you shouldn’t trust the counterparty with whom you transact. Instead, with Bitcoin, you verify your transactions on the blockchain.
It has been an "interesting" year for the crypto space. Hacks, alleged frauds, enormous losses, bankruptcies and other negative phenomena were sadly on a loop and eroded trust in the digital...
On Tuesday, federal authorities announced the arrest of Avraham Eisenberg, a crypto trader who conducted what he characterized as a “highly profitable trading strategy” that drained $110 million from Mango Markets, a decentralized crypto exchange. While the complaint
The rapid growth of the Web3 ecosystem has been driven by advancements in Ethereum scaling systems and the emergence of high-performance layer 1 blockchains. This has led to increased adoption of crypto technologies across the board – from internet startups to large enterpr
It's been a tough year to be a non-fungible token (NFT) holder. While 2021 welcomed high-value NFT sales, soaring cryptocurrency prices and an influx of new entrants into the space, this past year has seen trading slow and crypto prices drown in the sludge of an extended crypto w
The crypto economy has suffered two major crypto failures this year: the collapse of Luna/TerraUSD in May and the failure of FTX in November. In both instances, the world's largest stablecoin, Tether, was caught in the blast radius as waves of redemptions poured into the company.
Billionaire Tim Draper says bitcoin (BTC) could hit $250,000 next year while renowned investor Mark Mobius counters it could crash to $10,000. Who's right?
Even as cryptocurrency and other digital assets resident on blockchain have increasingly permeated the public consciousness, the question of regulatory authority has largely gone unanswered. Often, seismic events in the financial industry, like the collapse of FTX, lead to clarit
One of the technologies that will undoubtedly change Web3 is zero-knowledge (ZK) cryptography. ZK has long been considered a potential game-changer for ensuring the privacy, security and integrity of blockchain applications. The rapid investment and development of zero-knowledge
A medida que nos adentramos en 2023, queda más claro que nunca que la revolución digital descentralizada no irá a ninguna parte. Tanto las empresas como las personas están comenzando a ver los beneficios de esta naciente tecnología y los servici
Debate has accelerated in recent days over the future prospects of Solana, a layer 1 smart-contract blockchain that in some respects competes with Ethereum. The chain grew rapidly and saw immense hype during the 2020-2021 bull market, particularly from venture capitalists. But th
Skeptics are taking a cheap shot at framing the FTX debacle as the end of crypto’s mainstream appeal and adoption. Nothing could be further from the truth. If anything, it’s a clear sign that in 2023 and beyond we will see more reliance on decentralized infrastructure
2023 can bring a bigger adoption of Web3 as many will start to realize it has many benefits over traditional systems. Let’s look at the trends to expect in 2023 and beyond.
Everyone in the non-fungible token (NFT) market is terrified that the U.S. Securities and Exchange Commission (SEC) will decide that NFTs are securities and regulate them. They should get over it. Of course NFTs are securities. That’s what makes them so powerful and promisi