LATEST ARTICLES

The UK Lawmakers Who Want to Use Brexit to Rethink Crypto Rules

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Across Europe, there are 27 member states doing their own thing regarding crypto, guided by agencies such as global anti-money laundering (AML) watchdog, the Financial Action Task Force (FATF). So,...

Important Disclosure About CoinDesk and Digital Currency Group

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In 2022, CoinDesk is rolling out a program whereby certain high-performing employees throughout the ranks, most of whom have been here more than a year, receive stock appreciation rights (SAR)...

Who Writes the Story of the Metaverse?

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IRL.This acronym has become shorthand for the regular, offline human existence in which we all participate, a realm lying outside of that new digital alternative to which investors, entrepreneurs and...

Newly Public Core Scientific Leads Slump in Crypto Mining Stocks

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The stocks of other publicly traded miners, which are highly leveraged to the price movements of the cryptocurrencies they mine, have also dropped. On Friday, shares of Hut 8 (HUT)...

Bukele’s Bitcoin Is Not What Turkey Needs

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This problem is rooted in the late 1980s when Turkey opened its capital accounts, allowing the lira to trade and float against other international currencies, at a point where it...

Crypto Market Cap Falls Below $2T Amid Sell-Off

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Cryptocurrencies are getting rekt.Crypto blue-chips bitcoin (BTC) and ether (ETH) breached key $40,000 and $3,000 support levels late Thursday evening, sending the broader alternative coin (altcoin) market into free fall.According...

El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

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El Salvadaor bought 410 bitcoin for $15 million Friday, the country’s President Nayib Bukele said on Twitter.“Some guys are selling really cheap,” he added in his tweet. Bitcoin was down...

SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings

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Under standard accounting rules, the value of digital assets such as cryptocurrencies must be recorded at their cost and then only adjusted if their value is impaired, or goes down....

Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk

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The crypto market was in a sea of red on Friday as bitcoin, the world's largest cryptocurrency by market capitalization, tumbled more than 10% over the past 24 hours.It appears...

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

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Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi)...