CoinDesk Crypto

Bitcoin still tends to grab the headlines, but in truth, it no longer dominates the crypto market to the same extent it once did.

With simple contract interactions now costing in the hundreds of dollars, Vitalik Buterin has shifted his focus to scaling Ethereum. Demand for blockspace on the mainnet has skyrocketed over the last year, and transaction fees are pricing many users out of using the most coveted

The Terra ecosystem has a mystery on its hands: Which professional sports team will be the recipient of nearly $40 million in crypto sponsorships?I don’t have the answer, but I think I’ve formulated the next best thing. Come with me down the rabbit hole to see what I

Confused by the complex regulatory landscape of cryptocurrencies and other digital assets? Get our in-depth analysis here.

Last week the proof-of-stake (POS) and wider cryptocurrency community celebrated what seemed like a victory following an Internal Revenue Service decision to concede a lawsuit filed by Joshua and Jessica Jarrett, who sought a $3,200 refund for taxes they paid on staking rewards i

The past 10 days have been extremely eventful in the crypto world, as three dramatic events test the core values of the community – and, perhaps, highlight their limits.First, in late January, came the revelation that 0xsifu, the pseudonymous co-founder and chief financial

Stablecoins seem to be the vector by which the U.S. will implement regulations on cryptocurrencies directly. A hearing in the House of Representatives will bring this potentially one step closer to reality.You’re reading State of Crypto, a CoinDesk newsletter looking at the

2022 is starting to look like a defining year for the future of central bank digital currencies (CBDCs). Just a few weeks in and we’ve already seen countries take firm stances for and against the technology – or in the case of the U.S. Federal Reserve Board in its muc

Ethereum, the cryptocurrency that once played second-fiddle to Bitcoin, has enjoyed its busiest and most successful year to date.

This past Friday, BuzzFeed News’ Katie Notopoulos published a story revealing the identities of “Gordon Goner” and “Gargamel” – the two pseudonymous founders of Yuga Labs, the company behind the Bored Ape Yacht Club NFT project.“Gordon Go

The Associated Press, a collective of more than 1,300 news organizations, might be the original DAO (decentralized autonomous organization). At least, that’s what the white-haired, New Jerseyan behind its blockchain experiments, Dwayne Desaulniers, has said.Over the past ye

The Financial Accounting Standards Board (FASB), which sets accounting standards for private and public U.S. companies, has not developed any accounting standards for digital assets. This has proved to be one of the biggest barriers to the adoption of digital assets.FASB solicite

The old cliche, “Imitation is the sincerest form of flattery ” is true, but in cryptocurrency, it’s often believed that imitation is born from mediocrity, and anything not entirely “original” is nothing more than a cheap knock-off.

In the United States, an estimated 63 million Americans are unbanked, underbanked, or lack access to the traditional financial system. That is a stain on our democracy and economic structure. Today, urban, rural, and native communities that continue to be locked out of centralize

When the Indian government this week announced plans to tax cryptocurrency and launch a central bank digital currency, the news drew a mixed response. Some in the Indian crypto community gave it a glass-half-full reading while others reported their drinking vessels as half empty.

This week’s $326 million hack of the Wormhole blockchain tool may feel bizarrely routine. It’s a massive theft by any sane standard – if it had been an old-fashioned bank robbery, it would have been the second largest of all time. But in crypto, it’s only

Bitcoin got off to a rough start in January, but what are experts predicting for the price of bitcoin moving forward?

Yesterday, beginning at 18:24 UTC, someone or something exploited a security vulnerability on Wormhole, a tool that allows users to swap assets between Ethereum and a number of blockchains, resulting in the loss of 120,000 wrapped ether (or wETH, worth about $321 million) on the

Earlier this week, the American rapper and entrepreneur Kanye West implored people to stop asking him to do a “f***ing NFT.” There was something cathartic about reading his words, written by hand in black marker on a physical sheet of paper. “My focus is on buil

As the decentralized finance (DeFi) market grows, the subject of risk is taking center stage. DeFi holds the promise of automated, transparent and decentralized financial platforms that challenge some of the key foundations of financial markets, but the different risk dimensions