Opinion


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CeFi Broke. But DeFi Is Not Without Blame

It’s dangerous to simply throw all the blame for the current round of market mayhem at centralized lenders. Work is needed to bring security and stability to DeFi, says CoinDesk's chief content officer.

Issues with both DeFi and CeFi need resolution (Rachel Sun/CoinDesk)

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No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price

Mostly because honey badgers don’t care. Also, logistics.

(Mass Communication Specialist 2nd Class Derek J. Hurder/Wikimedia Commons)

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What Legacy Brands Can Learn From Web3’s Hyper-Cultish Narratives

Traditional companies can ape how blockchain projects build loyalty and community, says one strategist.

Footage from a SoulCycle promotional video. The fitness brand told customers to “Find Your Soul.”

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Why We Need to Build Web3 Differently

Hackathons are an ideal place to meaningfully shift the culture of Web3 towards building products with real-world applications, says the co-founder of Crypto Research and Design Lab.

From left to right: David Casey, Co-founder ReSource Network; Gary Sheng, Dream DAO; Jordan Cooley, CRADL; Kevin Seo, Food Fighters Universe (CoinDesk)

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Watch Out for Illicit Actors Gaming Crypto Games

P2E and GameFi offer a glimpse into the types of financial crime complexities that will arise as tech companies work to usher in the metaverse.

(Sean Do/unsplash)

Layer 2

Satoshi Wept: How Crypto Replayed the 2008 Financial Crisis

It only took 13 years for crypto to recreate the same kind of financial crisis it was designed to prevent. Here’s how it (almost) all went down.

(Rachel Sun/CoinDesk)

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Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine

What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times.

Panic on Wall Street, Oct. 24, 1929. (Associated Press/Wikimedia Commons, modified by CoinDesk)

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Decentralization's Failed Promise in Iran

While exchanges are abiding by fiat’s monetary rules in countries like Iran, it is dishonest to call bitcoin decentralized money, says a journalist based in that country.

Shiraz, Iran (Foroozan Faraji/Unsplash)

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Need a Use Case for Decentralization? Start With Energy

Amid the bear market, the crypto/blockchain industry needs to demonstrate how it can be useful. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer.

(Rachel Sun/CoinDesk)

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Nic Carter vs. The Bitcoin Maximalists

If maximalism has become nothing but a refusal to think through bitcoin’s actual usefulness, it has become an intellectual dead end. No surprise, then, that the intellectuals are jumping ship.

Nic Carter at Consensus 2022 (Suzanne Cordeiro for CoinDesk)