Category: ICO

U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record

Because the scenario outlined in this case is narrow and unusual, it “will have limited applicability in arbitration-related jurisprudence going forward,” said Richard Silberberg, an arbitration lawyer with Dorsey & Whitney and a director of the New York International Arbitration Center. “The unanimous SCOTUS decision that a court, not an arbitrator, must decide whether the parties’ first agreement was superseded by the second was hardly surprising,” he added, because previous rulings had pointed in that direction. Source

A Guide for Financial Advisors

In both cases, owning the underlying asset enables full portability, 24/7 liquidity, and the ability to do things on Bitcoin or Ethereum crypto rails (namely global payments, Decentralized Finance, and more). However, the ETH ETF now introduces a key aspect that advisors should consider. Unlike bitcoin, ether can become a yield-bearing asset by staking it to help secure the Ethereum network. It is very unlikely that the first ETH ETFs offer any staking rewards to investors for a number of regulatory and operational reasons of the issuers. Today, owning and…

No, a Sponsored Labeled Crypto Press Release Is Not An Alternative to Editorial Coverage

With these services, press releases are generally just “syndicated”, meaning that, although they will indeed be published by dozens of news sites, including crypto-focused ones, they’ll often end up published in a non-editorial “backyard” section of the website that gets a lot less eyeballs. The actual content will just be a duplicated version of the original press release, with no editorial review, no analysis, no opinions or unique interpretation of what’s happening. Just a sponsored labeled press release, with a regulatory requirement to disclose that it’s basically just a paid…

You Can Take Your Toys and Leave

This is why Web3 people are always banging on about the importance of digital property rights. Without property rights on the internet, users become shackled to the Web2 platforms that amass them. When everything they’ve created and achieved, and even the community to which they belong, is owned by the platform, it’s not as simple as just picking up, moving on, and starting anew. In fact, the more value the creator creates on Roblox, the harder it gets for them to leave. It is a poignant example of the injustices…

Bitcoin (BTC) Price Drops Below $68K, Ether Slumps in Crypto Market Sell-Off as ETH ETF Decision Looms

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF

The SEC, after weeks of limited engagement, asked exchanges supporting spot ether ETF applications to refile their 19b-4 forms with universal language earlier this week. Those forms were submitted to the SEC by Tuesday, and the exchanges began publishing them online that night. The SEC also appears to have begun engaging with the would-be issuers themselves, as companies like Fidelity and Grayscale filed updated S-1 forms this week. The SEC has to make a final decision on at least one spot ether ETF application by the end of the day…

A Guide to Decentralized AI Programming at Consensus 2024

Gensyn, for example, is building a decentralized network that will let the untapped computing power from individual users (like you and me) be harnessed for the training of AI data, a la Filecoin for cloud storage. “We’re kind of running out of places to build enormous data centers,” Gensyn’s co-founder Ben Fielding told me last year, before this became a trendy topic. If Gensyn pulls this off, says Fielding, “You don’t just have one big data center. Now you have every data center on the planet.” (Fielding will also be…

Grassroots Policy Advocates Are Key to Seeding Crypto Innovation

In October 2023, Polygon Labs, Solana Foundation and DeFi Education Fund co-hosted the first Crypto Policy Bootcamp. The event brought together founders, CEOs, VCs, and other stakeholders to engage with policy experts, political advocates, and Congressional staffers and members of Congress. Discussions centered on how to talk about the value of blockchain technology. Through the various panels and accompanying dialogue, the bootcamp produced many takeaways, including: Source