Tech Biz

Posts about Tech Biz. Subscribe to my newsletter to make sure you don't miss anything.
Britain’s Financial Conduct Authority said that Binance Markets Limited, the world's largest cryptocurrency exchange, “is not permitted to undertake any regulated activity in the U.K.” While some news outlets are reporting this as a ban, the key phrase is "regulated activity." The U.K. isn't banning crypto; it is refusing to regulate crypto-based derivatives and other types of transactions that are illegal in the U.K. unless they are regulated. This will limit the types of transactions you can do on binance.com in the U.K., but Brits will still be able to buy and sell their crypto. Continue Reading →
Bitcoin crashed hard this weekend, and the selloff doesn't seem to be turning around too quickly this morning. The crypto markets have been unusually volatile recently, and a contributing factor may be the Chinese government's serious crackdown on bitcoin mining operations. Continue Reading →
The crypto markets got hammered over fears that the FBI had recovered the ransom Colonial Pipeline paid in bitcoin (true), and, therefore, all crypto can be easily hacked (false). The FUD is still rampant, and the depth and breath of misinformation and misunderstanding about the hackability of cryptocurrency is profound. Continue Reading →

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in AI, technology, media, and marketing.

Subscribe