Liquid staking has the potential to be the building blocks that incorporate established financial norms into crypto that mainstream audiences actually trust. This is because staking resembles traditional financial (TradFi) instruments they’re already familiar with, like bonds, in Go to Read More
In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published Read More
If you were in New York last week for the Mainnet conference and asked anyone you met to name the most admired companies in the cryptocurrency category, they’d likely mention an exchange. If you took a 10-minute cab ride to Read More
Wednesdays may become Sam Bankman-Fried’s new favorite day.After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday. Go to Source Author: CoinDesk Recommended Read More
At least WeWork had flashy buildings to flaunt for the billions of dollars ex-CEO Adam Neumann raised. But what did Sam Bankman-Fried have to show?SBF, as he was often called, is a pathological liar, an alleged fraud and market manipulator Read More
Since Ethereum transitioned to a proof-of-stake consensus mechanism in 2022, the blockchain has been maintained and secured by users who stake ETH and run validators. The mechanism is simple. Validators deposit ETH in a smart contract, run software to validate Read More
Interest in staking has shown a strong resilience to the bear market. A considerable amount of value remains staked on top blockchains, in many cases surpassing the actual total value locked (TVL) living on-chain.This article is part of CoinDesk’s “Staking Read More
I was out sick yesterday and so instead of anything resembling a proper newsletter, I have a few thoughts on salient issues of our time, like how an impending government shutdown is probably Not Good News for crypto’s D.C. hopes.On Read More
While the world eagerly awaits the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. there is another crypto innovation that promises to unleash a fervor of economic activity, enabling an even greater wave of mainstream adoption and Read More
Discussions about accelerating adoption of crypto often focus on improving user experience. (UX). The popular thinking goes: Web3 products lag behind from a user experience perspective, onboarding poses multiple points of friction, and technological concepts come with learning cu Go Read More
The Merge upgrade, which effectively brought the Proof-of-Stake (PoS) mechanism to Ethereum, was activated almost a year ago. The subsequent Ethereum Shapella upgrade, which allowed staked ETH withdrawals, is about six months old. With these two monumental changes, we saw Read More
Ethereum’s Shanghai upgrade has been the catalyst for the emergence of new financial demand for liquid staking derivatives, an emerging class of assets also called LSDs. Following a brief period of uncertainty about withdrawing capital, ether (ETH) staking participation has Read More
If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison.Bankman-Fried’s trial Read More
Prediction market Kalshi is once again being hamstrung by U.S. regulators. According to a closely watched decision, the U.S. Commodity Futures Trading Commission (CFTC) will not let the licensed betting market offer users a chance to wager on the future Read More
The intersection of Web3 and artificial intelligence (AI), specifically in the form of generative AI, has become one of the hottest topics of debate within the crypto community. After all, generative AI is revolutionizing all areas of traditional software stacks, Read More
Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case.Shortly Read More
Rollingstone.com hit the traffic motherlode today with an eye-catching post calling the end of non-fungible tokens (NFTs). The piece, “Your NFTs Are Actually – Finally – Totally Worthless,” picks up a new study by dappGambl, a community of finance experts, Read More
Regardless of the volatility of cryptocurrencies, the long-term trend – driven by technology and the continuing perceived weakness of banking systems – is still in place for a substantial acceptance and usage of crypto across many different applications in everyday Read More
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research.The estimated six-week trial Read More
For months, Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, have stood at their son’s side as he faced multiple federal charges of fraud, money laundering and campaign finance violations related to the collapse of FTX.This is an excerpt from The Read More
