Cryptocurrency

Cryptocurrency exchange FTX is on the brink. It may fail today. It may fail tomorrow. Unless someone steps in with enough cash to save it, it will fail. Continue Reading →

The Securities and Exchange Commission announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Continue Reading →

Monday, the SEC filed a federal lawsuit against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO). Not an unusual lawsuit; the SEC is in the practice of suing purveyors of ICOs it believes fall under its jurisdiction. However... Continue Reading →

President Biden’s March 9 Executive Order (EO) on Ensuring Responsible Development of Digital Assets outlined the first whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. Continue Reading →

First, my heart goes out to Queen Elizabeth's family and loved ones, as well as to the citizens of her realm. May she rest in peace. Of course, there's also a vile, disgusting, and evil crypto story to accompany the Queen's passing, which comes with a teachable moment. Continue Reading →

This week has, unintentionally, focused on celebrities and NFTs. First, Kim and Kylie hating on Insta, then the lawsuit against Kim and dozens of other celebs for shilling EMAX. Today (because clearly I'm a trendsetter), Bloomberg has a story about The Disastrous Record of Celebrity Crypto Endorsements. Continue Reading →

When government regulators scared Facebook out of its Libra/Diem cryptocurrency project a while back, I didn't think too much about it. The original project was ambitious. Libra was designed to be a stablecoin and was backed by deposits of real cash to be contributed to the Libra Association, a supporting plutocracy with a membership fee of $10 million. Founding members got an option to become validator node operators, a vote on the Libra Council, and could earn interest on their investment. Continue Reading →

Are you looking for a sound bite that properly explains gas prices, inflation, potential stagflation, the crashing stock, and crypto markets? What's happening to the global supply chain? How the Fed's actions are likely to affect the economy in the near term? Forget it. Continue Reading →

In case you were worried, at a hearing on the Financial Stability Oversight Council’s Annual Report to Congress, United States Treasury Secretary Janet Yellen hinted that the stablecoin market is not big enough to present a threat to our financial stability. Continue Reading →

With the stock market reacting to our tumultuous economic times, you may not have noticed that the crypto market has crashed. Not just Bitcoin and Ether, but the entire crypto market. Even for the most devout crypto hodlers, this past week (especially the last 24 hours) has tested their faith. Continue Reading →