Blockchain

As reported by CNBC, more than $600 million was stolen in what is likely to be one of the biggest cryptocurrency thefts ever. Hackers exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work together. In a strange turn of events Wednesday, the hackers began returning some of the funds they stole. Continue Reading →

AMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the year, which raises a very personal question: How do I feel about buying a slice of pizza and a Diet Coke with four (4) bitcoins back in April 2011? Continue Reading →

Have you been wondering why my newsletter has been so highly focused on blockchain, cryptocurrency, NFTs, smart contracts, and the world of decentralized finance? Are you thinking, "This really doesn't apply to me or my business"? Are you saying things like, "Crypto schmypmo"? Continue Reading →

Walmart and Walgreens are entering the mobile-first banking business in a big way. It's a solid strategic move, as an estimated 169 million Americans regularly use mobile devices for banking. Continue Reading →

Online betting juggernaut DraftKings is placing a bet on Tom Brady's Autograph, as the two sides are partnering to build a new NFT marketplace. As always, content is king. Along with the Brady exclusive, the company has deals with other top athletes including Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka, and Tony Hawk, to name a few. Continue Reading →

The crypto market crashed yesterday! Do you care? Should you? Continue Reading →

As you know, the IRS's middle name is "Revenue," so it won't surprise you to learn that the IRS is very interested in taxing your crypto gains. Continue Reading →

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 →

For anyone who invested at the top of the crypto hype cycle over the past few weeks, today is a reprise of "Black Tuesday." 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 →