If the last 12 months in cryptocurrency has taught us anything, it's that people really like owning a piece of code that proves they overpaid for a JPEG file. And it's not just about monkey pictures either. Soon NFTs (non-fungible tokens) will be used to trade music rights, real
NFTs are here to stay, because the possibilities and the opportunities of NFTs are boundless and go beyond collectibles and celebrities’ tweets or photos. The future of NFTs lies in business and economic applications.
Cryptocurrency has been shockingly central to the unfolding invasion of Ukraine, where news this morning finds Russian forces capturing a crucial nuclear power plant and other objectives.Some have wondered whether crypto might be useful for evading the devastating sanctions being
In years hence, when we look back on how cryptocurrencies became integrated into the global economy, this week may be viewed as a turning point.For one, there was the unprecedented phenomenon of a besieged European government crowdfunding armament procurement with donations from
Web 3 gaming, or GameFi, has transformed the crypto world, accounting for 49% of the industry’s blockchain usage. More than 1.4 million unique active wallets interacted with blockchain games in 2021, and venture capitalists have invested over $4 billion in GameFi.The growth
Just when fear of the latest COVID-19 variant was waning and long-term planning was starting to seem possible again, February brought unsettling episodes that shattered dreams of lasting peace and normality. Money played a crucial part in these episodes.In Canada, we saw a Libera
In recent days, following the invasion of Ukraine and the West’s disabling economic sanction of Russia – an unprecedented retaliatory move – there has been increased chatter that governments and international bodies may step up efforts to “crack down&rdquo
Crypto has already revolutionized finance. Crypto is revolutionizing art. And crypto is revolutionizing community. We already know about many ways in which Web3 is pushing greater standards of privacy, data security, and freedom of speech.
Fresh from acquiring a majority stake in Death Row Records, the label that made him a star, Snoop Dogg has released a set of songs on the NFT marketplace OpenSea – a marketing play based around rights and remixes.The first new song, “High,” exists as part of a n
Pull a Marty McFly and beam back to 2018 – the term “crypto” is a byword for “scam” and economist Nouriel Roubini is triumphantly calling the crypto space “La-la land.” Fast forward to 2021 and the L.A. Lakers’ basketball arena has
Pull a Marty McFly and beam back to 2018 – the term “crypto” is a byword for “scam” and Nouriel Roubini is triumphantly calling the crypto space “La La Land.” Fast forward to 2021 and the L.A. Lakers’ basketball stadium has been ren
Vladimir Putin’s Russia is facing a wave of truly unprecedented financial sanctions in retaliation for its widely scorned invasion of Ukraine. The sanctions have suddenly revealed the massive power that lay dormant in the unified global banking system for decades. But it li
So, what are NFTs? The concept of an asset being fungible versus non-fungible is not new, but the digitization (or tokenization) of these assets are what make NFTs noteworthy.
StarkNet, an Ethereum zero-knowledge (ZK) rollup product created by StarkWare, made an announcement that its goal is to move to community control in either the third or fourth quarter of 2022.While StarkNet declined to comment on whether this signaled the release of a token, the
The blockchain industry seems unique, new and frantic, but the evolutionary pattern of new industries over time is eerily consistent. Consider the California gold rush, the global oil boom or the rise of the internet.Each of these economic disruptions saw a similar pattern. The f
Yesterday, Twitter, Facebook and other social media companies announced they would begin targeted attempts of removing Russian disinformation, one of the aggressor nation’s most potent weapons in its attack on Ukraine. As harmful as “fake news” and propaganda ca
A coalition of countries including the U.S. and European Union want to freeze the Russian central bank’s international reserves and lock (some) Russian banks out of the global financial system.You’re reading State of Crypto, a CoinDesk newsletter looking at the inters
We hear from Matthew Spradlin, Certified Financial Planner with Godfrey & Spradlin Private Wealth of Steward Partners, about the New Parents Pyramid he and his team created for new parents, as well as the different ways first-time and seasoned parents manage their money and think