Analysis

Screen grab from video purporting to show a user smashing a hardware wallet with a hammer and then setting it ablaze with a blowtorch. (@oklahodl1/Twitter)
Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industr...
Screen grab from video purporting to show a user smashing a hardware wallet with a hammer and then setting it ablaze with a blowtorch. (@oklahodl1/Twitter)

(Pixabay)
Black Market for Worldcoin Credentials Pops Up in China
The startup is looking to create a global blockchain-based identification system using iris scans.
(Pixabay)

Union Jack Flag with gavel (Peter Dazeley/Getty Images)
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
Should the country decide to issue a CBDC, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at Keystone Law....
Union Jack Flag with gavel (Peter Dazeley/Getty Images)

(Getty Images/Tim Chapman)
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
(Getty Images/Tim Chapman)

The SEC has proposed changes to the Custody Rule for assets, which has ramifications for crypto. (Chip Somodevilla/Getty Images)
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
Financial advisors looking for clarity on crypto from the SEC’s new Custody Rule won’t get everything they want from the current version.
The SEC has proposed changes to the Custody Rule for assets, which has ramifications for crypto. (Chip Somodevilla/Getty Images)

(Getty Images)
Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.
(Getty Images)

Florida Gov. Ron DeSantis explains state's CBDC "ban." (CoinDesk screen grab from governor's office video)
Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
The political movement to use state commerce rules to stop central bank digital currencies is based in legal nonsense that has no power to ban anything, experts contend.
Florida Gov. Ron DeSantis explains state's CBDC "ban." (CoinDesk screen grab from governor's office video)

Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)