The Node

The Node

Opinion

Threads Is Libra and Meta All Over Again

With his Twitter clone’s decentralized architecture, Mark Zuckerberg is yet again borrowing from crypto’s best ideas. Third time’s the charm?

Facebook CEO Mark Zuckerberg testifies about the Libra (Diem) project before the House Financial Services Committee on October 23, 2019. The hearings helped expose just how shallow Facebook's first claims of "decentralization" were. Now, with Threads, they're trying again. (Getty Images)

Opinion

Thank BlackRock’s Clients for Larry Fink’s Change of Heart

Blackrock's CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune.

Black rocks (Nick Nice/Unsplash)

Opinion

The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT Collectors

Why has Yuga Labs’ Bored Ape universe collapsed in value?

Bored Ape Yacht Club NFT image (Yuga Labs, modified by CoinDesk))

Opinion

How Much Is Too Much to Spend on FTX's Bankruptcy?

Are Sam Bankman-Fried’s victims being ripped off a second time?

John J. Ray III, CEO of FTX Group, has spent huge sums taking the failed exchange through bankruptcy. Is FTX simply that much more complex than Ray's last big unwind - Enron? (Photo by Nathan Howard/Getty Images)

Opinion

Apparently It's Very Difficult to Custody Crypto

Prime Trust, the allegedly insolvent crypto custodian that owes customers upwards of $156 million, is not helping the crypto industry's shady mainstream reputation.

Prime Trust CEO Tom Pageler. (Prime Trust)

Opinion

The Second FTX Asset Recovery Report Is Packed With Bombshells

New claims put Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.

New FTX CEO John J. Ray III (C-Span)

Opinion

Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Crypto Buzzword

Financial stewards including the International Monetary Fund and Bank for International Settlements say tokenization is the future. They’re wrong.

(Bruno Sanchez-Andrade Nuño/Flickr)

Opinion

SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds

The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.

(Wesley Tingey/Unsplash, modified by CoinDesk)

Opinion

Why Short Sellers May Have a Hard Time Betting Against Tether

Crypto’s most controversial financial instrument enjoys some notable insulation from skeptical bets.

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. There are signs tether (USDT) has become an object of increased short-seller interest as a U.S. regulatory crackdown accelerates. (Bitfinex)

Opinion

What Can You Do With a Blockchain Token That Is Classified as a Security?

Bakkt's Marc D’Annunzio said applying securities law to crypto would not "drastically impact" a token's use. But it could change who has access to these open source networks.

Bakkt Holdings, Inc. leadership outside the New York Stock Exchange following a successful merger with VPC Impact Acquisition Holdings to take the firm public. (NYSE)