What’s happening in crypto isn’t quite a replacement of traditional finance. Instead, it’s a rebuilding of traditional financial behavior from the ground up. There are new assets (including NFTs), loans against assets, and of course with loans come defaults. There […]
“A hamster named Mr. Goxx has been trading cryptocurrencies in a rigged box since June.” | learn more
“On August 8th, 2021, Punk4156 and his team deployed a smart contract to the Ethereum blockchain that randomly generates a new NFT digital avatar (called a Noun) every 24 hours and auctions it off to the highest bidder. 100% of […]
This is the official title of China’s new crypto policy. “Virtual currency-related business activities are illegal financial activities.” | learn more
“Jump Trading was once called one of Wall Street’s most secretive high-speed trading firms. But now, Jump is going fully public with its crypto operation and wants the community to know it is keen on being a vocal and transparent contributor […]
An interesting take on how things might have played out. “You would never have become a bitcoin millionaire, so stop regretting it.” | learn more
This is a fascinating story to watch because the company makes a decentralized exchange. That means the company could disappear tomorrow, but the exchange can persist because it’s open source and lives on the blockchain. You can’t put that toothpaste […]
“Why on earth would the Biden White House be pushing proof-of-work at the expense of proof-of-stake, when environmentalism is a hallmark of the Administration and public perception is (albeit incorrectly) that PoW is killing the environment?!?” | learn more
“are NFTs a bubble? no. wealth is a bubble. 1% of the global adult population are now millionaires.” | learn more
“Visa bought CryptoPunk 7610, one of 3,840 female punks, for around $150,000 last week. CryptoPunks are considered the original NFTs, launched in 2017 by Larva Labs.” | learn more