CoinDesk Crypto

From Gucci to Microsoft, more businesses are accepting cryptocurrency as payment for goods and services than ever before.

Always controversial, Tron founder Justin Sun said he thinks the proof-of-work way of operating is an "essential" component of Ethereum – just as the Ethereum community readies to transition to a different, proof-of-stake, system after a multi-year effort. Many billions of

Ethereum fees are at their lowest level in two years. This has happened ahead of a much-anticipated event known as the Merge, which is widely seen to be driving up the price of its cryptocurrency, ether (ETH).The average cost for a transaction is under 12.5 gwei, a unit of accoun

Legislation intended to provide clarity on which U.S. government agency should be in charge of regulating crypto needs more work, according to Grant Fondo, a former federal prosecutor for the Northern District of California.Fondo, who is now a partner at the law firm of Goodwin

The instant Satoshi Nakamoto’s Bitcoin white paper came out in 2008, it was certain there'd be a clash between cryptocurrency's privacy ethos and conventional banking regulations designed to ensure money moving through the financial system isn't coming from, or going toward

Last week the U.S. Securities and Exchange Commission (SEC) charged 11 individuals with creating and marketing Forsage, the world’s largest and longest-running smart contract-based pyramid scheme.Alas, Lado Okhotnikov, the ring leader of Forsage and rumored to be based in t

Crypto is facing a winter unlike any other, confronted with monetary tightening and a historically strong dollar. Analysts speculate that higher interest rates will diminish investors’ appetite for high yield, high risk assets. Stablecoins, they argue, linked to the newly p

In its quest to make industry-grade crypto mining accessible to retail investors, Compass Mining may have overreached. After a couple of years of growing exponentially, the firm is slowing down and focusing on its core business.On June 28, the CEO and chief financial officer of C

In its quest to make industry-grade crypto mining accessible to retail investors, Compass Mining may have overreached. After a couple of years of growing exponentially, the firm is slowing down and focusing on its core business.On June 28, the CEO and chief financial officer of C

Crypto has had a rough year, and with a potential recession on the horizon, it's easy to feel discouraged as an investor.

Sam Bankman-Fried founded the cryptocurrency and derivatives exchange FTX in 2019, and it quickly has become the sixth-largest exchange by volume, boasting a $3.5 billion valuation. In 2021, he was...

While market analysts have been panicking about crypto winter, Bitcoin developers have been quietly building more apps. According to a report by Arcane Research, the Lightning Network in particular has developed a diverse ecosystem of over 100 apps across at least 20 categories.L

It seemed like the perfect recipe for a major blowback.Kraken CEO Jesse Powell ruffled feathers in June after a New York Times article detailed a “corporate culture war” raging at the cryptocurrency exchange and his subsequent doubling down, in which he criticized the

Over the last few years, through surging market highs and painful downturns, stablecoins have become an integral part of both the DeFi and broader cryptocurrency ecosystems. With a total market cap of over $150 billion, stablecoins have drawn crypto novices and experienced invest

In these tough times, a bit of historical perspective is useful. Let’s talk about Mt. Gox.After the February 2014 collapse of the Tokyo-based bitcoin exchange, the conventional wisdom was that its creditors, most of them retail users of the online trading platform, would be

In these tough times, a bit of historical perspective is useful. Let’s talk about Mt. Gox.After the February 2014 collapse of the Tokyo-based bitcoin exchange, the conventional wisdom was that its creditors, most of them retail users of the online trading platform, would be

Mining company Bit Digital is expanding its operations to Canada, according to Chief Strategy Officer Samir Tabar.The New-York based company said Wednesday it had signed a two-year agreement, noting the Canadian facility would use “an energy source that is primarily hydro-p

CoinDesk reporters Danny Nelson and Tracy Wang on Thursday released a bombshell report that could tarnish the reputation of the entire Solana ecosystem. More than that, the dizzying tale highlights serious social vulnerabilities across blockchain and crypto development and invest

Crypto exchanges and other intermediaries such as cross-chain bridges are where the latest series of crypto hacks on internet-based “hot” wallets have been taking place. Exchanges need to put in additional security measures, said Alex Zinder, global head of hardware w

But the big question is: Will markets “melt up” before crashing? In other words, will we have one last major rally in markets — all markets, including crypto — before everything falls apart?