Author: Vickie Helm

10101.art, a ground-breaking art technology platform, celebrated its official launch this week at Monada Art Gallery in Dubai. Bringing the power of distributed ledgers to the global art market, 10101.art leverages blockchain technology to enable collective ownership of iconic works by Banksy, Warhol, Picasso, Dali, and more. Alina Krot, CEO of 10101.art, discussed the launch of the platform with Philip Hoey, Director of CoinJournal. Philip Hoey: Thank you so much for taking the time to speak with CoinJournal, Alina. Let’s start with a quick overview of your platform – can you walk us through the journey you and your team…

The founders of Samourai Wallet were charged with money laundering and operating an unauthorized business. One of the co-founders, Keon Rodriguez, was released on $1 million bail after pleading not guilty in a New York City court. This legal proceeding raises concerns about the future of non-custodial crypto services in the US During an appearance Wednesday in the U.S. District Court for the Southern District of New York, Samurai Wallet co-founder Keon Rodriguez entered a not guilty plea to the charges brought against him and his colleague William Hill. He and an assistant U.S. attorney agreed to a not guilty…

London, UK, April 29, 2024, Chainwire An exciting new meme coin, $ROCKY, recently debuted on the Base network. Skel.eth, the founder of MetaWin, launched the coin over the weekend. Interestingly, this coin is named after his Pomeranian named Rocky. Within just 30 hours of its release, $ROCKY achieved an impressive market cap of $4.6 million. The MetaWin team looks forward to further growth with the enthusiastic support of the MetaWin community. “We launched the $MWIN token as an experiment before selling it,” said Skel.eth, founder of MetaWin and creative force behind $ROCKY. “It’s going pretty well so far! We’ve learned…

Imposing a crypto tax this year would be terrible.For the past decade, the IRS has treated virtual currencies as property rather than currency, and all sales and exchanges as taxable events. However, despite blockchain being a public ledger, tax compliance rates have always been low. The discrepancy between the taxes the IRS expects and the taxes crypto users actually pay has continued to widen over the years.That gap is about to narrow significantly.We are entering the “enforcement era” of virtual currency taxesThis change did not happen overnight. In 2021, the IRS launched “Operation Hidden Treasure” aimed at intentionally concealing crypto…

Opinion, a blockchain-based prediction market platform, has announced that it has raised $20 million in a pre-Series A round, highlighting how parts of the crypto economy can still raise significant amounts of money even when the overall market is down.The round included support from Hack VC, Jump Crypto, Primitive Ventures, Decasonic and others, according to an emailed announcement Wednesday.Opinion operates more like Polymarket, where markets are settled on-chain, than a centralized exchange like Kalshi. “Our payments occur entirely on-chain,” the Opinion team told CoinDesk via email.Dune Analytics said it handles about a third of the global prediction market trading volume…

Nearly a year ago, we published an open letter reflecting the views of crypto law regulators and outlining practical and achievable steps the next administration could take to make the United States the crypto capital of the world. The goal was not to promote cryptocurrencies as an ideology, but to convey the perspective of lawyers working in the field about how thoughtful regulatory policies can unleash innovation and ensure that the next generation of financial and internet infrastructure is built on American soil.On the anniversary of this letter, and with the Market Structure Bill in jeopardy, it is worth reflecting…

A lot has happened this year in crypto-related policy. This year, Congress passed the first major encryption bill in U.S. history, and the president signed it. Federal regulators have significantly scaled back enforcement actions against crypto companies while announcing further rulemaking efforts aimed at revitalizing the industry. Companies themselves also feel more aggressive in launching new products and services in the United States.You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrencies and government. Click here to sign up for future editions.storyLast year, CoinDesk’s policy team explained what we want in 2025. Here’s how we explained…

With tax season approaching and 2025 only a few days left, investors should reconsider their tax and accounting strategies to support their overall financial health. In December, a small correction can lead to big gains. As investing in cryptocurrencies continues to gain traction among retail investors over the past few years, crypto tax reporting and the accompanying calculated tax strategies should not be overlooked.Similar to the stock market, the cryptocurrency market can also experience downturns, but at a much faster pace. The cryptocurrency market has been experiencing a downturn recently, and investors are understandably panicking.But within this broader market uncertainty…

Cryptocurrencies have felt broken in recent weeks.The largest liquidation event in market history took place on October 10th. Bitcoin was nuked. ETH and alternative currencies have fallen even more significantly. Since then, all “bounce” has disappeared on contact.Everyone blamed US President Donald Trump’s 100% tariffs on China, macro policies, or overleveraging. These are all valid explanations for why the market crashed, but they don’t explain why the market remained persistently depressed for weeks afterward.The missing piece appears to be a quiet document published on the same day by MSCI, the world’s second-largest index provider. It directly targets the organizations that…

Wall Street’s appetite for cryptocurrencies has never been higher. BlackRock Bitcoin ETF breaks inflow record. Fidelity and VanEck followed suit with new Spot products. Even Nasdaq has signaled expansion of its digital asset trading infrastructure. But despite all this momentum, very little is actually happening on-chain.Currently, institutions treat cryptocurrencies as a legitimate asset class, but not as a venue for operations. The majority of trading, payments, and market making still takes place on private servers and traditional rails.The reason is simple. This is because blockchain, in its current form, does not yet meet organizational performance standards. Until they can offer…