ChristosMakridis

We've seen a range of regulatory attacks against crypto in the past few weeks. Most recently, the U.S. Securities and Exchange Commission (SEC) went after the trading platform Kraken. Although Kraken decided to settle, and they did not agree to any wrongdoing, the regulatory action still cost them substantial time and money -- roughly $30 million in the settlement alone.

Core to the SEC's offense was that Kraken is a centralized custodian with staking products that function as investment contr

Digital assets have surged in their market capitalization over the past few years - so much so that they cannot be ignored or dismissed as a side interest. Policymakers are now grappling with how to handle the regulation of digital assets, which is particularly challenging given that they are inherently international and tend to prioritize decentralized governance (at least for DeFi) over centralization.

To be sure, every asset fluctuates in value and the negative aspects of crypto we've seen i

Every asset is priced according to its fundamental value and expectations of future performance. These two factors are influenced by two dimensions of risk - idiosyncratic (i.e., pertaining to the specific asset in question) and macro (i.e., a more economy-wide phenomenon). Macro risk, such as the threat of over-regulation and/or declines in consumer demand, tends to get the most attention, but it is actually less threatening in some ways.

Right now, many eyes are on the U.S. Securities and Exc

These days, it seems like everyone and their pet is a "web3 expert." What does it mean to be an expert and how do you identify what to listen to, and what to disregard?

Having taught and studied the economics of blockchain and digital currencies at the University of Nicosia, I’ve found that students often have some beliefs about what tokens are and how business and token economies work. Anytime there is a new technology that enters the landscape, people rush over to capitalize upon the momentum

Airdrops refer to the transfer of tokens from one digital wallet to another.

While airdrops are new with digital assets, they build on a long-held strategy in marketing of rewarding early and loyal users, or simply other users who have met certain eligibility criteria. Airdrops allow companies to communicate and gift items directly to people on their digital wallets.

The technological capabilities, coupled with the social phenomenon of tokens, can expand the tools that brands have to engage e