ETH

Ethereum, the second-largest cryptocurrency by market cap, has successfully tested the "Merge," which is now planned for mid-September 2022. The Merge is what engineers are calling the transition of the Ethereum blockchain's Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). 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 →

On July 21, 2022, the Securities and Exchange Commission (SEC) announced "insider trading charges against a former Coinbase product manager, his brother, and his friend for perpetrating a scheme to trade ahead of multiple announcements regarding certain crypto assets that would be made available for trading on the Coinbase platform." Continue Reading →

You just purchased your first NFT. Where is it? Is it sitting in your account on the marketplace you purchased it from? Do they have custody of your digital asset or do you? Did you transfer your NFT to your crypto wallet? If so, do you believe your new NFT is actually in your wallet? It isn't. That's not how this works. Here's what is really in your wallet. Continue Reading →

As we enter another crypto winter, it has become de rigueur for tech types to go on record espousing that Web3 is nonsense, that blockchain is a terrible technology, and that cryptocurrencies (all of them) are Ponzi schemes. There is seemingly no end to the tweets and blog posts from highly credentialed people about tulips and "The Emperor's New Clothes" and greater fool theory. It's as if the technocrats want to make sure that they know that you know that they know that all things Web3 are technologically inferior to all things Web2. Are they right? Continue Reading →

In World of Warcraft, a soulbound item, once picked up, cannot be transferred or sold to another player. It is this idea of “immutable, permanent binding” that inspired Ethereum’s creator, Vitalik Buterin, to ask a question: What if NFTs could be soulbound? Continue Reading →

Greetings from NYC and happy Summer Solstice (to those who celebrate). NFT.NYC is in town this week, and to say that a "hard dose of reality" has hit the faithful would be to mischaracterize the vibe. People in the business know that the current market conditions are universal. They know that the underlying technology and associated business models are evolving, and they also know that – most importantly – the shakeout, while painful, is a required growing pain. 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 →

What’s the best cryptocurrency to invest in? Will the value of this NFT go up? Is the DAO I’ve been thinking about worth joining? How much BTC should I buy? Is this stablecoin really stable? How much can I really earn from this Web 3 or metaverse “play to earn” game? After you get excited about a project, your next step should be a deep dive into its tokenomics – it’s the key to understanding the true value of any token-based investment. Continue Reading →

In 2000, almost $8 trillion of wealth vaporized when the dot-com bubble burst. It was a tough year for Wall Street, venture capitalists, and average retail investors. Why? The pundit parade did its best to explain the crash, but markets are complex systems (which makes them computationally unpredictable). So, in the end, the only thing we could be sure of was that $8 trillion had gone missing. What did we learn? Continue Reading →