CBDC

The Shelly Palmer Innovation Series Summit is an annual "must attend" event at CES. In the following presentations, an exceptional group of industry leaders offer specific actionable insights to help you drive growth and create value for your business. Continue Reading →

You can attend the “must attend” event during CES® 2022 whether you’re going to Las Vegas or working from home. The Shelly Palmer Innovation Series Summit will stream live on January 5, 2022 at 11 a.m. ET at shellypalmer.com/live. Continue Reading →

My MetaMask Chrome Extension Wallet was hacked. The ETH is gone forever. Even though I can clearly see that address of the wallet that stole it, there's nothing I can do to get it back. I'm just writing this blog post as a warning for anyone who thinks keeping more than a few hundred dollars in a "hot wallet" is a good idea. I always keep a small amount of ETH in my MetaMask wallet to buy virtual goods and NFTs and game tokens, etc. I have been aware that the wallet was vulnerable to attack, but this hack is remarkable. They must have figured out my password – which is hard to do. Here's a chronicle of the events. I'll keep it updated. Continue Reading →

At the annual Gobble Gobble Wobble 5K run, a family-friendly “Turkey Trot” event that brings the community together to get their “tailfeathers moving,” there were a bunch of retail booths selling food, local produce, homemade goods, and arts & crafts. This year, each local artisan had an easy way for you to purchase with a credit card as well as an easily accessible eCommerce site. Three years ago, this was an all-cash shopping zone. This year (if you knew where to look), customer experience, customer service, customer relationship management (CRM), and relatively sophisticated data-gathering were on full display. Which made me wonder about the impact Web 3 and decentralized finance might have on future Gobble Wobblers. Continue Reading →

I love the characterization of cryptocurrency as "programmable money." While it is technically incorrect, it communicates the entirety of the idea behind decentralized finance (DeFi) in a really nice way. Continue Reading →

During an upgrade to the Compound platform, a bug caused the system to transfer close to $90 million in COMP (their cryptocurrency) to random users. In a desperate tweet, Compound’s CEO begged the users to give the money back. He threatened to dox the users. (That’s a slang term for making user identities public or, in this case, reporting them to the IRS.) Then offered a 10 percent reward for “doing the right thing.” Continue Reading →

China has declared all financial transactions involving cryptocurrencies illegal and is issuing a nationwide ban on cryptocurrency mining. Does this make crypto illegal in China? Not exactly. What does this mean for the crypto markets worldwide? What about the US? How will US crypto be regulated? Are cryptocurrencies considered securities? What about other digital assets? Welcome to the crazy, confused world of crypto regulation. Continue Reading →

Are you wondering why it is taking so long for blockchain to become as ubiquitous as AI or IoT? One of the biggest stumbling blocks (pardon the pun) is that Bitcoin, Ethereum, Cardano, and the vast majority of other blockchains are proprietary ecosystems (walled gardens) that cannot easily share data or exchange value with other blockchains. This is not a new problem, but there are new, well-funded solutions emerging with exciting roadmaps that point to explosive growth in the near-term. Here’s a quick overview of some projects that have my attention. Continue Reading →

Every profession is a conspiracy against the laity, and the world of crypto is no exception. It is in that spirit, I offer this glossary of terms that will make you sound as if you are completely informed and up-to-date when discussing your next crypto project. Continue Reading →

Crypto prices and NFTs are hogging the headlines, but they are just the most visible components of a rapidly growing decentralized financial system (DeFi) that has the potential to significantly challenge how we buy, sell, and trade just about everything. Blockchain and cryptocurrency may seem like a new thing, but they have been around for over 10 years. The problem is that the world of crypto can be very confusing with all the jargon, acronyms, and other unfamiliar words. This brief overview will introduce you to some of the basic areas through a series of links to the most prominent organizations, platforms, and toolsets. Continue Reading →