Monday’s arrest of Sam Bankman-Fried (“SBF”) capped off a historic period in the world of memes, money and mayhem that is the cryptocurrency industry. The arrest of the FTX exchange founder drew mainstream headlines that greatly overshadowed the other big crypto
It's no secret that most of 2022 has been a pretty rough year for the crypto market. The industry has been hit with everything from crashes to bankruptcies, to fraud allegations, massive fines,...
With Hong Kong likely to issue its electronic Hong Kong Dollar (e-HKD), this month, U.S. policymakers need to anticipate what a successful issuance of Hong Kong’s digital fiat means for the existing global financial order. An examination of why Hong Kong may want its own ce
There has never been a time in the world’s history where environmental sustainability for major businesses has been more critical. The planet is showing signs of dramatic change, and the public is calling for greater accountability from all industries. Often, the blockchain
Whether it’s Verizon courting government contracts for its 5G upgrade, blockchain startups deploying routers with crypto mining incentives, or Elon Musk making Starlink available to the Ukrainian resistance, broadband and internet of things (IoT) are the new battleground fo
Déjà vu. You know that feeling, when you momentarily are not sure of where you are in the timeline and you wonder what you’ve missed. We’re there now.The “blockchain not bitcoin” chorus seems to be re-emerging, taking us back to the 2016-18 h
Things are happening fast and charges are stacking up for disgraced FTX CEO Sam Bankman-Fried. Just hours before he was set to testify before Congress, SBF was arrested in the Bahamas on Dec. 12, at...
FTX was a massive hydra with subsidiaries across the globe. Amid FTX’s failure and entrance into bankruptcy court, one of these subsidiaries appears to be relatively unscathed: FTX Japan. Assuming FTX Japan makes it through, here are some things that other nations can learn
The sudden implosion of FTX was a dark moment for crypto. But it’s also an opportunity to shine a light on some of the crypto industry’s worst practices. What we know about Sam Bankman-Fried’s crypto trading empire is startling, and the situation gets bleaker wi
For a few years, I’ve been thinking about why social movements like crypto and bitcoin have so much momentum. I often get emails from proponents of crypto as an anti-monopoly tool, and a lot of smart people I respect believe that it is based on a groundbreaking technology t
Yuga Labs, the creator of Bored Ape Yacht Club (BAYC) - the mega popular NFT collection that is somewhat a status symbol -- was sued in a class action lawsuit along with a slew of celebrities who had...
Chainlink’s new “staking” program – where participants can earn crypto rewards for helping to secure the network – was intended to be broad-based: The price-feed provider imposed a limit of 7,000 LINK tokens per wallet to “promote greater inclu
The House Financial Services Committee will hold a hearing on the FTX collapse on Tuesday, Dec. 13. It should be a fascinating show. Not only will Sam Bankman-Fried attend (by video) but so will the new CEO at FTX, John J. Ray III.If the questioning of Ray is handled properly, Ba
The Built With Bitcoin Foundation (BWB) has constructed a new resource for Ghanaians, a brick-and-mortar technology center to host free education and community resources for bitcoiners in one of Ghana’s most populous cities.
Before 2022, sanctions in crypto sounded somewhat extravagant. While governments around the world have been after this industry for quite a while, it still seemed that cryptocurrencies, by their initial promise of privacy, freedom and censorship resistance, wouldn’t become
In the midst of the FTX fallout, Binance CEO Chengpao “CZ” Zhao’s proposal to create an “industry recovery fund” has been the focus of significant attention. According to an announcement, the $2 billion Industry Recovery Initiative (or IRI) will supp
Ethereum pioneered the general-purpose smart contracting layer on top of its blockchain, so it’s no surprise that the Ethereum Virtual Machine, or EVM, for short, has attracted and retained a huge portion of Web3 developers.What’s less well-known is that the EVM is no
You don’t have to be a close observer of the crypto industry to recognize an uncomfortable truth: Crypto’s reputation in Washington, D.C., is damaged. While the industry has developed enduring relationships with a growing group of bipartisan lawmakers over the past se