The staying power of cryptocurrencies and digital assets in general derives in part from their versatility. Every time I feel like I’m nearing the bottom of the barrel, someone contacts me with a new use case for crypto.Most recently, however, it was Dan Jurek, vice preside
News of digital currencies has been crowding the financial press for several years, yet getting a grip on what exactly "cryptocurrency" means and how to measure its success or failure is a...
Going out for coffee is the best part of the day. She leaves her tiny apartment with her sullen roommates and goes to a cafe two blocks away. She customizes every order. Today it is cookies and cream and almond and vanilla foam, with a dash of green pistachio for flair. There&rsq
Editor's note: As part of CoinDesk’s “Metaverse Week,” we asked a number of engineers, executives and experts to weigh in on the substantial issues raised by the crypto industry. In this roundtable discussion, they answer the question of how the metaverse will b
Buy Now, Pay Later (BNPL) has been on the rise since the beginning of the pandemic, with its use peaking in December as 23% of all U.S. adults said they used the service, according to Morning Consult....
We are in the midst of a brutal downturn in equity markets, in large part because inflation has pushed the U.S. Federal Reserve to tighten interest rates. The impacts have been particularly sharp for “growth” or “innovation” assets, including predominantly
The year is 1995. It’s 11:35 p.m. and the “Late Show with David Letterman” is airing across the nation. Tonight’s guest? A still-young CEO of Microsoft (MSFT), one Bill Gates, a few years ahead of the antitrust woes he was soon to weather. Tonight’s
Mining a Bitcoin block just became easier because some miners have been dropping out of the network to cut their losses.The difficulty of mining a bitcoin block fell by 4.3317% to 29.897T at 15:02 UTC on May 25. The bitcoin mining difficulty automatically adjusts every two weeks
The Proust Questionnaire – an old-style magazine format popular in the French novelist's day – asks a series of personal, philosophical and prosaic questions that, in theory, present a side of a person not often seen. Here, Jesse Johnson, the founder of Aavegotchi, a
In a desperate attempt to stay relevant with crypto-curious audiences, marketers around the world are FOMOing into the metaverse trend, experimenting with everything from branded non-fungible token (NFT) collectibles, to virtual shops and offices, through to issuing their very ow
The past couple of weeks have been some of the most tumultuous in the history of crypto. As the broader cryptocurrency and equity markets have plunged into bear market territory, the price of ether (ETH) has collapsed to numbers we haven’t seen since 2021. Meanwhile, Terra&
In the wake of Terra’s UST collapse, stablecoin issuers may soon have to grapple with stricter auditing protocols as investors look for more clarity.Alexandre Lores, director of blockchain market research at Quantum Economics, said stablecoin issuers like Tether, the issuer
Ted Cruz, the Republican U.S. senator for Texas, said he wants the Lone Star State to be an “oasis on planet Earth for bitcoin [BTC] and crypto." He said that, reiterating previous support for the state’s mining industry, during a keynote address at a Heritage Foundat
What is Star Atlas?Star Atlas is a space-themed, multiplayer gaming metaverse based on the Solana blockchain. It was developed by Automata and allows players to “team up, organize, and fight their way into unknown territories,” its economic paper states.
The metaverse is probably overvalued.We’ve seen funding in metaverse companies balloon to $12.1 billion in 2021 from $5.9 billion in 2020, according to Crunchbase. It’s hard to say if valuations are lofty even if most projects don’t have a working product. The c
In an increasingly crowded field -- with exchanges, apps and banks fighting for a slice of the crypto pie -- a new sector is also emerging to offer crypto trading. Buy Now Pay Later (BNPL) platforms...
The metaverse isn’t just about making realistic virtual experiences, but in enabling hyperreal ones. This is the process of creating personalized content based on data, or the things people do and say and what that reveals about them.In some sense, the hyperreal isn’t
Amid an increasingly crowded field, GameStop launched a beta version of its digital asset wallet, which allows gamers and others to store, send, receive and use cryptocurrencies and NFTs. The move...
CSDs play a mission-critical role in capital markets infrastructure by providing registry, safekeeping, settlement, and asset servicing, such as corporate action processing, for financial instruments.