Pudgy Penguins, a non-fungible token (NFT) project made up of cute chubby birds, has experienced waves of success and mishap since its debut in July 2021, including a rapid downturn in price and sentiment as doubts surrounding the founders emerged Read More
Both, crypto and AI, have seen remarkable progress in the past few years.Crypto celebrated successes like DeFi, and more recently DeSci. Go to Source Author: CoinDesk Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is Read More
Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they Read More
Worldcoin, a crypto project by OpenAI CEO Sam Altman has gained some traction in China, with users rushing to source know-your-customer (KYC) verifications on the black market.Worldcoin’s crypto wallet, World App, is not available in mainland China, according to CoinDesk’s Read More
At last month’s Consensus 2023, CoinDesk hosted two invitation-only Investor Manager Roundtables, one designed specifically for institutional investors (35 pensions, single family offices, sovereign wealth funds, and endowments and foundations) and the other for asset alloc Go to Source Author: Read More
The digital asset industry is at a major crossroads. Regulators around the globe are moving to enact rules for the 15-year-old industry. The EU Parliament in April approved a slate of regulations called Markets in Crypto Assets (MiCA), the most Read More
The anti-money-laundering bill sponsored by Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-KS) purports to close loopholes in the risk of cryptocurrencies being used for illicit activity that even the Biden administration agrees is small. But the ill-conceived bill is Read More
The U.K. will need to introduce new laws or amend existing finance and data rules to accommodate a digital pound, two lawyers told CoinDesk.The Bank of England and the U.K. Treasury are seeking public feedback on their plans for the Read More
Ledger, the Paris-based hardware wallet maker, has had a terrible week. And in large part, it seems they have themselves to blame.Things started out badly enough. Ledger’s May 16 introduction of the “Ledger Recover” seed phrase recovery service was greeted Read More
There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto Read More
There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto Read More
Like any good Bitcoin maximalist, Tether is holding its own coins. The issuer of the largest stablecoin, USDT, disclosed that information in a recent blog post announcing it will be “regularly” buying bitcoin with its surplus profits to build up Read More
The non-fungible token (NFT) market is evolving, and measuring its success depends on which metrics you’re looking at.According to a new report released by DappRadar on Thursday, NFT trading volume for the month of May has reached $333 million so Read More
The House of Commons Treasury Committee’s opposition to the government’s plans to regulate crypto like a financial service has generated an instant backlash from the industry – and lawmakers’ views, though non-binding, may represent an extra bump in the ro Read More
There is a quietly emerging consensus among key stakeholders regarding one area of crypto regulatory policy – payment stablecoins. On Thursday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion, will hold anoth Go to Source Read More
U.S. lawmakers are currently locked in a passionate, high-stakes and entirely ridiculous battle over a strange quirk of U.S. law known as the “debt ceiling.” Since 1917, the U.S. budget appropriations process has separated the actual budget – which members Read More
The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.But the Florida governor’s rhe Go to Read More
PARIS, France – Crypto companies fleeing U.S. regulatory uncertainty have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability.The European Union member already boasts around 74 registered crypto companies &ndash Go to Source Read More
Regardless of where you stand on Bitcoin, one thing is certain: Bitcoin is spurring innovation that will lift multiple industries out of their current status quo, not just the financial sector. From healthcare to energy, ancillary innovation and ingenuity coming Read More
Crypto unintelligentsia discourse has been set aflame by this week’s Big Crisis in Bitcoin.The culprit: big, fat, unwieldy fee rates. Go to Source Author: CoinDesk Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a Read More
