When she was a preteen, Diana Sinclair would draw and create digital characters through a social app called Draw Something. “Communities of teenagers,” she says, were on the app, where they came together by commenting under each other’s illustrations and Read More
Let Terra Die
The scale of the human wreckage and pain inflicted by Do Kwon through the collapse of his fatally flawed Terra blockchain and reckless egotism continues to reveal itself. It is now clear that the promise of 20% returns on “stable” Read More
Will a Proof-of-Stake Ethereum Lead to More Centralization?
Lido is the most-used liquid staking protocol, commanding a whopping one-third share of total ETH staked on the Beacon Chain, Ethereum’s proof-of-stake blockchain, according to data from Nansen and Etherscan.This article originally appeared in Valid Points, CoinDesk’s Go to Source Read More
Litecoin (LTC): What It Is, What It’s Worth and Should You Be Investing?
Litecoin was created to compete with Bitcoin. It has been around for almost ten years and continues to generate buzz around its potential. Find out if it’s time to buy. Go to Source Author: GOBankingRates Recommended Crypto Services, Products and Read More
Elwood Technologies Touts Strong Focus on Crypto Derivatives
Cryptocurrency trading firm Elwood Technologies says its focus, following this week’s hefty $70 million funding round that included three tier one banks, will be on institutional-grade crypto derivatives.Big banks like the ones who participated in Elwood’s Series A ra Go Read More
Up-and-Coming Cryptocurrencies for 2022
Which cryptocurrencies will go on to be the digital rock stars of 2022? While no one can predict the future, the following coins have cultivated high expectations from investors and industry watchers alike. Go to Source Author: GOBankingRates Recommended Crypto Read More
Breaking Barriers to the Web 3 Creator Economy
With blockchain technology, sports stars, celebrities and creators have found unprecedented, more powerful ways to monetize their work, create stronger bonds with the communities that admire them and become completely autonomous.However, in New Money With Spencer and Solo, Spence Go Read More
5 Best Long-Term Cryptocurrencies To Buy for 2022
If you’re looking to buy cryptocurrency to hold for an extended period of time, check out our list. These are great additions for long-term potential growth. Go to Source Author: GOBankingRates Recommended Crypto Services, Products and Strategies: The first thing Read More
Brian Forde: Why Congress Needs a Crypto ‘Truth Teller’
If you’re not familiar with Brian Forde, now CEO at political fundraising platform Numero, he’s the guy who first explained bitcoin to President Barack Obama back in 2014.“I was working at the White House [as senior advisor for mobile and Read More
Ethereum vs. Bitcoin: Which Crypto Is Better?
Ethereum and Bitcoin are two of the most popular cryptocurrencies on the market today. Learn about their pros and cons to choose the right investment for you. Go to Source Author: GOBankingRates Recommended Crypto Services, Products and Strategies: The first Read More
Satoshi’s Mission, LUNA, UST and Where Crypto Went Wrong
“But they, our ancestors, became arrogant and stiff-necked, and they did not obey your commands. They refused to listen and failed to remember the miracles you performed among them. They became stiff-necked and in their rebellion appointed a leader in Read More
Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans
Argentina is enjoying a true crypto boom. Millions of users entered the market and the stablecoin segment grew sixfold in 2021. The country is tenth in the crypto adoption index published by Chainalysis. Local conditions are ripe for adoption: 58% Read More
‘Stable in Name Only’: Stablecoin Issuers Speak Out as UST Craters
As the cryptocurrency industry takes stock of the dramatic unraveling of the UST project, those that build and maintain stablecoins are at pains to point out that these instruments aren’t created equal.That message needs repeating, says Dante Disparte, chief strategy Read More
Crypto Crash Continues as TerraUSD Stablecoin Blockchain Fails and Luna Token Drops to Zero
The price of many cryptocurrencies continues to fall — a drop largely driven by widespread anxiety regarding the Federal Reserve’s actions to stem inflation and how bond sell-offs (and interest rate… Go to Source Author: GOBankingRates Recommended Crypto Services, Products Read More
Yellen Call for ‘Responsible’ Crypto Innovation Is Right
Janet Yellen, recently speaking at American University, made erudite, sensible remarks about the right approach to regulate digital currencies and assets, innovation and the policies surrounding them.The U.S. Treasury Secretary noted the sector’s explosive growth from $14 billion Go to Read More
Luna’s Collapse Shows DeFi’s Dire Need for Technical, Regulatory Controls
A “Black Swan” event is unpredictable beyond what is normally expected of a situation, is obvious in hindsight and has potentially severe consequences. Examples include the subprime crisis and subsequent meltdown of the banking sector in 2008 and the market Read More
Terra, Web 3 and Acceptable Risk in Innovation
As the process of price discovery continues, and traders of bitcoin (BTC) and other crypto assets are trying to find where these markets will bottom out, it’s worth taking a moment to ask why you’re still in the game. Presuming Read More
How Liquid Staking Will Bridge the Gap Between DeFi and Staking
These days, crypto users are being faced with a choice: staking or DeFi. Go to Source Author: Guest Contributors Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a reliable and secure Crypto Wallet. Whether you’re Read More
Regulators Should Pay Attention to UST
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at this particular model of stablecoin.You’re reading State of Crypto, a Read More
Do Kwon Is the Elizabeth Holmes of Crypto
“And on the pedestal, these words appear: Go to Source Author: CoinDesk Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a reliable and secure Crypto Wallet. Whether you’re looking for an online wallet, hardware wallet, Read More