Features


Finance

After Binance's $4.3B Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?

Bybit, Bitget and OKX combined have 877,000 monthly active users in the U.S., data from Sensor Tower shows. It's unclear if they are just checking prices, or trading in violation of the rules.

Groucho Marx glasses, pixelated.

Policy

Polymarket's Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs)

What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?

Polymarket CEO Shayne Coplan at Consensus 2024 (CoinDesk).

Finance

U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark

The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.

WASHINGTON, DC - NOVEMBER 03:  People cast their votes at an early voting site at the Martin Luther King Jr. Memorial Library on November 03, 2024 in Washington, DC. The Nation’s Capitol is bracing for protests and potential unrest with a contentious Election Day looming on the horizon. (Kent Nishimura/Getty Images)

Markets

If U.S. Election Is Disputed, Prediction Markets Could Face 'Hornet's Nest'

How will Polymarket and Kalshi resolve their presidential contracts if there's another Jan. 6 or Bush v. Gore situation?

FILE - In this Nov. 4, 1948, file photo, President Harry S. Truman at St. Louis' Union Station holds up an election day edition of the Chicago Daily Tribune, which - based on early results - mistakenly announced "Dewey Defeats Truman." (AP Photo/Byron Rollins)

Finance

Why Web3 VCs Are Embracing Crypto+AI

Coinbase Ventures is shifting focus away from pure-play crypto investments.

(Gerd Altmann/Pixabay)

Finance

Crypto-Real Estate's USDR Misled Investors as Tangible Brothers Made Millions

The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.

Tangible CEO Jagpal Singh (Photo illustration by Jesse Hamilton/CoinDesk based on images from Tangible and Images Money)

Markets

Four Reasons Ether ETFs Have Underperformed

ETH ETFs haven't gained the same traction as BTC ETFs, even seeing net outflows this week. Tom Carreras investigates why.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Tech

How North Korea Infiltrated the Crypto Industry

More than a dozen blockchain firms inadvertently hired undercover IT workers from the rogue state, incurring cybersecurity and legal risks, a CoinDesk investigation found.

To the untrained eye, forged documents submitted by North Korean job applicants look indistinguishable from authentic passports and visas. (Image courtesy of Stefan Rust, modified by CoinDesk.)

Finance

Does SBF’s Appeal Stand a Chance of Succeeding?

Lawyers contacted by CoinDesk are skeptical the FTX’s founder will get another trial.

Sam Bankman-Fried leaves his arraignment and bail hearing on Dec. 22, 2022, in New York City. (David Dee Delgado/Getty Images)

Policy

Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway

Eigen Labs helped its employees access lucrative airdrops. Its U.S. employees appear to have helped themselves to tokens U.S. residents were banned from claiming.

(Павел Котов/Wikimedia Commons)