The European Union is in late-stage talks over how to implement new rules intended to curb dodgy behavior that uses virtual assets – but estimates of the share of crypto payments linked to financial crime vary wildly from 0.15% to a whopping 46% of transaction volumes.There
Two newsletters ago, I ended the column with “Zoom out. Think longer.” And wow, did none of y’all listen. By y’all I mean “all y’all,” the persistent Mr. Market that reacts violently to new news, old news and no news. Sometimes good news
The New York State Assembly recently approved legislation that would hinder economic opportunity and innovation across the state at a time when job and economic growth are crucial for the state’s economy.Assembly bill A.7389C sets a moratorium on approving new applications
The most searched keyword for all crypto searchers in the last 24 hours has been “crypto crash,” and yet shrewd cryptocurrency traders are still making big-brain moves.Data from blockchain analytics firm Nansen shows the daily net profit and loss for all smart money a
Amid a market bloodbath, cryptos were not spared, and Bitcoin has dropped nearly 10% in the past 24 hours as of the morning of May 6, according to CoinMarketCap. Cash App Borrow: How To Borrow Money...
First off, thanks to Nir.eth, part of the team at NFT platform Yup.io, who gets credit for bluntly stating a worry that has been nagging me for years.Hopefully you grasp why this is not just a valid question, but a white-hot and vital one that has been tearing around Crypto Twitt
They called it the Great Moderation.After Federal Reserve governor Paul Volcker broke the back of U.S. inflation in the 1980s, the U.S. and other western economies enjoyed a blissful, multi-decade period of benign consumer price trends, with modest, predictable increases averagin
The metaverse will be our new culture and mainstream reality. It’s not a matter of if, only when. We will live in parallel worlds -- the virtual and the physical -- immersed in two worlds that are separate yet connected via the utilization of blockchain technology.
Following the launch of Project Galaxy on Thursday, profitable cryptocurrency traders have taken a large position in GAL, the Web 3 credential data network’s governance token, data from blockchain analytics firm Nansen suggests.In the past 24 hours, "smart money" wallets ha
Following the launch of Project Galaxy today, profitable cryptocurrency traders have taken a large position in GAL, the Web 3 credential data network’s governance token, data from blockchain analytics firm Nansen suggests.In the past 24 hours, smart money wallets have scoop
Nicole Buffett is a critically acclaimed artist and art director and, more recently, has been venturing into the world of non-fungible tokens (NFTs), selling her work on marketplaces like OpenSea. The Los Angeles-born painter, who has an identical twin sister and is also the gra
The New York State Assembly may be the latest legislative body to consider banning proof-of-work mining – but it likely won’t be the last.The persistent criticism of cryptocurrency mining’s energy consumption reflects a deeply pessimistic perspective: No amount
Over the past few years, Cherie Hu has become one of the music business’s most reliable prognosticators – the kind of specialist who knows exactly where the market is going, and how it’s going to get there. As the founder of Water & Music, a research platfor
About 20 minutes into his latest interview with Bloomberg, crypto’s favorite entrepreneur Sam Bankman-Fried said something revealing about the industry: Crypto is mostly a shell game.“You know, where do you start? You start with a company that builds a box and in prac
The Cosmos-based Juno blockchain continues to serve as a case study for the trials and travails of on-chain governance.An unprecedented community vote last week was supposed to seize millions of dollars' worth of JUNO tokens from the wallet of a whale (large investor) accused of
Coinbase opened its long-awaited NFT marketplace -- which had been in beta mode since April 20 -- to everyone on May 4, but failed to attract many users in the first few hours. While this caused some...
Non-fungible tokens have been a hot topic of discussion during the past two years. Some pieces in popular collections, like the Bored Ape Yacht Club, have sold for millions of dollars. Artists have...
Bankoff, a Delaware-registered company with operations in Azerbaijan, had been a way around harsh Western sanctions for ordinary Russians. No more.The company provided virtual debit cards that could be topped up with USDT, a U.S. dollar-pegged stablecoin. (A virtual card is like