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Web 3 Social Media Needs Dedicated Blockchains

4 years 11 months ago
Many believe that general-purpose blockchains like Ethereum, Cardano, Avalanche and Solana will come to power everything on the web, including financial apps, social apps and even Amazon-like marketplaces. But there’s a show-stopping problem that’s being widely overlo

‘Ethereum Killers’ Are Helpful, Not Harmful

4 years 11 months ago
Since the launch of initial coin offerings (ICOs) like EOS and Tezos, a steady stream of alternative smart contract platforms have been labeled “Ethereum killers,” immediately pitting them against one another.During 2021, which has arguably been the biggest year of ad

EXPLAINER-What are NFTs?

4 years 11 months ago
Non-fungible tokens (NFTs), a type of digital asset, have exploded in popularity this year, with NFT artworks selling for millions of dollars.

Why Are We Still Debating Whether Craig Wright Is Satoshi?

4 years 11 months ago
On Saturday, the Wall Street Journal ran a tantalizing headline: “Bitcoin Creator Satoshi Nakamoto Could Be Unmasked at Florida Trial.” Nakamoto, of course, is a pseudonym used by the person or people who laid out the basic principles of Bitcoin, helped develop it bet

The SEC Still Doesn’t Like Spot Bitcoin ETFs

4 years 11 months ago
The U.S. Securities and Exchange Commission (SEC) put the kibosh on VanEck’s latest attempt to launch a spot bitcoin exchange-traded fund (ETF).You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click he

A Few Unorthodox Thoughts on DeFi Regulation

4 years 11 months ago
In recent months, the fast-growing pace of the decentralized finance (DeFi) market has captured the attention of regulators looking to fit this new area of crypto into existing regulatory frameworks. Attractive yields and very unique financial instruments are regularly pushing th

What Taproot Could Mean for Bitcoin Investors

4 years 11 months ago
Over the weekend, bitcoin enthusiasts huddled around their screens as they waited for miners to mine Bitcoin block 709,632. The block was mined sometime around midnight EST and, with it, three highly anticipated technological upgrades to Bitcoin were officially implemented into t

What Taproot Could Mean for Bitcoin Investors

4 years 11 months ago
Over the weekend, Bitcoin enthusiasts huddled around their screens as they waited for miners to mine Bitcoin block 709,632. The block was mined sometime around midnight EST and with it, three highly anticipated technological upgrades to Bitcoin were officially implemented into th

Why Blockchain Benefits the Supply Chain

4 years 11 months ago
Supply chains are having a moment.Many of the world’s most successful systems and products are invisible, but it’s no surprise that supply chains are suddenly being noticed – not because of their immense success, but because they have been taken for granted for

What Will a Metaverse Embassy Look Like?

4 years 11 months ago
This morning, my colleague Andrew Thurman put out a piece for this website about the government of Barbados, and its plans to establish a so-called “metaverse embassy.”The metaverse is a kind of multiplayer social space in virtual reality; think Second Life or Playsta

M.I.A. on Crypto, Assange and Her New Album

4 years 11 months ago
As a musician and video artist, M.I.A. has always made expressly political work. Throughout a bracing, eclectic catalogue she’s tackled colonialism, immigration crises and other forms of systemic oppression head-on. Even when the sounds are chaotic, or the message isn&rsquo

Off the Charts: Supply Chain Angst

4 years 11 months ago
This week, the U.S. consumer price index for October showed a 6.2% increase from a year ago, the highest inflation rate since 1990, news that directly contributed to bitcoin’s mid-week surge to new all-time highs.What’s causing that inflation? Well, Bitcoin advocates

Tether, Bitcoin and Chinese Commercial Paper at Scale

4 years 11 months ago
For critics of Tether, the new economy of digital assets is based on the world’s oldest profession: real estate speculation.Crypto markets took a dip Thursday just around the time it was reported that China’s Evergrande Group was on the verge of defaulting on a bond p
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