“Games provide the perfect starting point for mainstream adoption of blockchain-based products, especially as people start transacting and earning income while playing, "Paul Veradittakit, Partner at Pantera Capital, told CoinDesk in a statement. “Leading guilds like Ancient8 are the easiest gateway into blockchain gaming today, with the potential...
Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of providing infrastructure support, running nodes and validators, and staking in innovative projects. Meanwhile, the other half of the business will include...
“We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of Web 3 at Opera, told CoinDesk in an interview. “We’ve been around the block for 25 years, and around Web 3 since 2018. A multi-chain...
Student loan and financial service provider Social Finance Inc. (SoFi) has received conditional approval from the Office of the Comptroller of the Currency (OCC) to create a full service national bank, provided the new entity does "not engage in any crypto-asset activities or services," the OCC announced on...
A House committee will take a look at crypto and its energy requirements this week. It’s another congressional look at crypto.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.Yet another crypto hearingThe narrativeCrypto’s energy use has...
As stablecoins become an attractive option for clients, the Registered Investment Advisor (RIA) industry needs to adapt in order to integrate this new technology into the existing infrastructure. Advisers need to educate themselves today to prepare for a future filled with stablecoins. Team Valhalla
Good morning. Here’s what’s happening:Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed.Technician's take: BTC appears oversold into the Asia trading day, but upside remains limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,463...
Decentralized finance (DeFi) protocol Wonderland saw its TIME token briefly drop below its treasury-backed value on Monday, prompting the team to buy back millions worth of TIME tokens to bolster the price.Wonderland falls within a category of popular DeFi projects known as “Ohm forks,” experimental protocols with aims...
Despite significant growth in recent years, the Lightning Network still faces challenges to overcome if it wants to solve bitcoin’s scalability issues. The most demanding issue is security. Because nodes on the Lightning Network are required to always be online, they become more vulnerable to attacks. And while...
Most cryptocurrencies traded lower on Tuesday as rising bond yields continued to weigh on U.S. equities. As investors reduce their appetite for risk, the most speculative areas of global markets have been hit the hardest.For example, the Nasdaq 100 is down about 5% from its all-time high, compared...