Key Russian figures and financial institutions have been placed on a U.S. sanctions list, and key Russian banks have been removed from the SWIFT interbank system. As a result, the value of a Russian ruble has plunged, which raises the question: can crypto be used by Russia to avoid sanctions? Continue Reading →
Cryptocurrency
Posts I've written about Cryptocurrency. Subscribe to my newsletter to make sure you don't miss anything.
Should crypto exchanges freeze Russian accounts? Continue Reading →
First, my heart goes out to the people of the Ukraine and to the innocent victims of Russia's brutal attack. The people of Ukraine are fighting for their lives. Hopefully, the international community will figure out a way to get Russia to stand down. Continue Reading →
Are you ready to learn about Web3? Shelly Palmer talks with Dan Bowens on Fox 5's Good Day New York about Metacademy.xyz, the new training academy built by The Palmer Group, Blockchain Foundry, and CATBOTICA. Continue Reading →
U.S. senators on Wednesday introduced legislation requiring the State Department to write a report on El Salvador's Bitcoin Law and develop a plan to "mitigate potential risks to the U.S. financial system." Continue Reading →
Wondering about what a "51% attack" is? When the mining power for a decentralized blockchain network becomes too concentrated (centralized), miners with bad intentions can overturn blockchain transactions and double-spend participants' crypto. Continue Reading →
Coinbase's remarkably clever "Less talk, more Bitcoin" Super Bowl TV commercial was so effective that it appears to have broken the internet. (The site was down for a while during the game.) Continue Reading →
Officials seized more than 94,000 bitcoin from Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, who are accused of conspiracy to launder, not of actually hacking 119,000 BTC from Hong Kong's Bitfinex exchange back in 2016. Continue Reading →
Silvergate Exchange Network (a subsidiary of Silvergate Capital) confirmed it was buying assets and intellectual property from Mark Zuckerberg's Diem Group and hopes to launch a stablecoin by the end of the year. Continue Reading →
Bank of America crypto strategists Andrew Moss and Alkesh Shah wrote in a note that central bank digital currencies (CBDCs) “are an inevitable evolution of today’s electronic currencies,” according to a Bloomberg report. Continue Reading →