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Crypto News
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
Baron Davis: Bringing Athletes to Web3
The electric ex-NBA point guard is teaching sports clients to engage with communities using crypto tech.
Could Legendary Hip Hop Platform DatPiff Serve as a Springboard for ‘Music NFTs’?
In an age defined by disruption, legacy IP may hold the key to the next wave of digital culture, Gitcoin’s Azeem Khan writes.
The NFT Louvre Exhibit That Wasn’t: Untangling the Public Mess of a Non-Event
Last week, AI artist Claire Silver announced her NFTs would be displayed at the Louvre Museum in Paris – which The Louvre denied shortly after. Here's what happened.
The Truth About Artificial Intelligence and Creativity
Artificial intelligence allows creators to be creative, but even sophisticated AIs are really just an advanced form or copying, says David Z. Morris. This feature is part of CoinDesk's Culture Week.
Animoca Brands Co-Founder: Royalties Make It Possible for NFT Projects to Flourish
The computer gaming firm supports royalties and by removing them, it would only “send the industry backwards, co-founder Yat Siu, said.
Former NY Regulator: Crypto Isn’t the Reason Why Signature Bank Was Closed
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First…
This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility…