The Node

The Node

Tech

The NFT Market Is Already Centralized

Decentralized computing doesn’t always lead to a decentralized market structure.

(Screenshot of the OpenSea marketplace)

Markets

$2T and Counting: Some Friday Perspective

It’s easy to become desensitized to the value being generated in crypto. Here are a few real-world analogs.

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Markets

If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable

Crypto is increasingly interconnected in the global financial system, regulators warn. But the potential knock-on effects of a crypto market collapse would be of their own making.

Did someone say "bubble?"

Policy

Biden’s Orwellian Tax Surveillance Policy

It’s political suicide for the Democrats, and a dark sign for America.

WASHINGTON, DC - OCTOBER 08: U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. According to the U.S. Labor Department, the economy added a disappointing 194,000 jobs in September as the COVID-19 Delta variant negatively impacted the usual annual hiring patterns. (Photo by Chip Somodevilla/Getty Images)

Tech

What Jamie Dimon Doesn’t Understand About Bitcoin

The JPMorgan CEO thinks the bitcoin supply cap is changeable. He ain’t wrong, but he definitely ain’t right.

Becky Quick and Jamie Dimon (Financial Times/Flickr)

Policy

Sign-In With Ethereum Is Coming

The dangers of letting Facebook control your online identity are clear. One alternative would use your Ethereum wallet instead, and let you control your own data.

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Policy

US Wants to Regulate Stablecoins First

Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

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Tech

Web 3 Is Where the Young People Are

The massive Facebook outage caused major disruptions yesterday, but also showed how attention is shifting away from gated, centralized platforms.

(Thought Catalog/Unsplash, modified by CoinDesk)

Finance

Who Really Wants Corporate NFTs?

The reaction to TikTok’s new crypto collectibles suggests NFTs still have a publicity problem.

Bella Poarch (Getty Images)

Policy

Gary Gensler Says Crypto Is a ‘Wild West.’ Others See Pure Capitalism

The SEC chairman wants to marry financial innovation to the regulatory state. Crypto wants a divorce.

(Pablo/Unsplash, modified by CoinDesk)