Search
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
5.5.2023
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for...
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
4.5.2023
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range
Wrapping Up Consensus 2023
4.5.2023
Missed Consensus 2023? Catch up on some of the most important conversations here
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
4.5.2023
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project
Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze
4.5.2023
A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing...
Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains
4.5.2023
The new liquidity pools aim to help users reduce financial risks and increase their profits across networks
Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
4.5.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said
Coinbase Shares Rise as Q1 Revenue Grows 23% From Q4 to $773M
4.5.2023
The crypto exchange reported first quarter results after the close on Thursday
Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default
4.5.2023
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value....
The Reactionary Political Theater of CBDC Bans
4.5.2023
The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
4.5.2023
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido
Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
4.5.2023
Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases
4.5.2023
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01...
Spider-Verse Sequel Is One Of The Longest Animated Films Ever
4.5.2023
This June’s animated sequel Spider-Man: Across the Spider-Verse will clock in at a substantial two hours and 16 minutes, its listing on AMC Theatres indicates. That is 136 minutes. That’s approximately how long it takes to escape a bad conversation. It’s 10 minutes longer than Disney’s 1940 epic...
Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet
4.5.2023
The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet
Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund
4.5.2023
Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize
Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate
4.5.2023
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central...
Alibaba Cloud Builds Metaverse Launchpad on Avalanche
4.5.2023
Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces
The Legacy of Mt. Gox: Why Bitcoin’s Greatest Hack Still Matters
4.5.2023
The fall of the Japanese exchange in 2014 saw 750,000 bitcoin go missing, putting crypto’s future in doubt. The event reverberates to this day
CoinDesk Turns 10: What We Learned From Reporting a Decade of Crypto History
4.5.2023
Our month-long series looking back at 10 years of CoinDesk features a lot of failures. But, in most cases, what seemed like disasters at the time have actually allowed the industry to grow, says CoinDesk’s Chief Content Officer Michael Casey