Cryptocurrency

Argentine soccer superstar Lionel Messi, regarded as one of the game’s greatest players of all-time, has reportedly made crypto fan tokens a part of the payment deal in his financial package with French club Paris Saint-Germain. Continue Reading →

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 →

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 →

The top global standard setter for banking regulation -- The Basel Committee for Banking Supervision, a group of global central bankers and regulators -- proposed a strict new rule that would require banks to set aside a dollar in capital for every dollar of bitcoin or other crypto assets they own. Stablecoins (cryptocurrencies pegged to traditional assets) would be subject to lower capital requirements. Continue Reading →