CoinDesk Crypto

Non-fungible tokens are here to stay because the possibilities and the opportunities of NFTs are boundless and go beyond art and celebrities’ tweets or photos. The future of NFTs lies in the business applications. The true power of NFT is providing authentication and facili

What kind of metaverse would you like to live in?With the announcement of Facebook’s rebrand to “Meta” – where the social media giant designs and builds “the metaverse” and claims the next digital frontier – the battle for the future of c

This past weekend, El Salvador President Nayib Bukele announced plans for the world’s first “Bitcoin City.” The municipality will be set up like a tax haven for wealthy crypto investors – no income, property, capital gains or payroll taxes, only a 10% valu

Security experts are already warning that cybercriminals will be adjusting their tactics next year to better take advantage of the pandemic’s impact and to become even more sophisticated in their incursions.

Ramping upThe narrativeKey U.S. Securities and Exchange Commission (SEC) officials mentioned enforcement around crypto projects earlier this month: Chair Gary Gensler and Director of Enforcement Gurbir Grewal.

From which cryptocurrency to give, how to send it and the tax implications, here’s what to know about gifting crypto.

MIAMI –  Testimony wrapped up Monday in the federal trial of Kleiman v. Wright, withCraig Wright – who has claimed to be the creator of Bitcoin and the person behind the name Satoshi Nakamoto – taking the witness stand a second time since the trial began th

This past weekend, a crypto investor named Zhu Su fired off a series of tweets about the state of the Ethereum blockchain.“Yes I have abandoned Ethereum despite supporting it in the past,” he wrote. “Yes Ethereum has abandoned its users despite supporting them i

Despite a bumpy ride, many bitcoin investors are sitting on big gains, with the cryptocurrency reaching new highs in 2021. One way to avoid the tax bite that comes with selling appreciated crypto is to direct it to charity instead, and investors are taking notice. In 2021 through

On the bright side of things, the industry is gradually opening up for fairer competition and greater participation of retail investors. Such a phenomenon is especially in courtesy of recent technological innovations in blockchain and cryptography.

Drilling for oil and gas and mining for bitcoin might seem like an odd couple.One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation of a digi

There’s no shortage of macho chest-thumping, when it comes to the crypto community. And that’s not altogether surprising. 

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MIAMI – On Friday, the federal civil trial pitting Craig Wright against Ira Kleiman continued, with the day dominated by testimony of an autism expert. Dr. Ami Klin testified that Wright is autistic and has had trouble relating to people throughout his life.Today marked the

CoinDesk’s scoop that Barbados had become the first government to acquire virtual land and create a “metaverse embassy” was met with great interest, but a lot of quizzical looks as well.The question some commentators asked was: What is the point? If Barbados is

MIAMI – The federal civil trial of Kleiman v. Wright continued in Miami Thursday, with witnesses for the defense suggesting it was unlikely that Dave Kleiman had a business partnership with Craig Wright to invent and mine bitcoin. He had severe health problems, poor coding

Brian Quintenz, former commodities regulator and friend to the crypto industry, weighed in today on the confirmation process to elect a new Comptroller of the Currency. Taking the stand today in a U.S. Senate hearing is Saule Omarova, a controversial pick for the seat due to her

As the race to launch and popularize various forms of Bitcoin exchange-traded funds (ETFs) accelerates, the investment firm VanEck has now successfully launched the third such product and it has already begun to see promising results.

Disintermediation and decentralization can sometimes be intimidating concepts for those of us accustomed to the traditional financial system and industry.For those of us who have learned to navigate the labyrinthine incumbent and entrenched system of banks, brokers, custodians, e

MIAMI — A federal civil trial over the potential ownership of 1.1 million BTC — worth about $66 billion — was interrupted on Tuesday when the defendant in the case, Dr. Craig Wright, an Australian man who claims to have invented the cryptocurrency, was accused o