Going by recent headlines and what the company says, one would assume Google is diving into crypto. Yet, some see the tech giant’s choice of partner – Coinbase – as proof Google is just dipping its toe.A couple of weeks ago, Google and Coinbase put out a joint p
The 2008 downfall of Bernie Madoff after his $65 billion Ponzi scheme shook Wall Street to its core. In fact, nearly 15 years after the first headline appeared about the crimes committed, investors in Madoff’s fund are still looking to recover losses. From pension funds to
The figures are in: October was the busiest month for crypto protocol exploits this year, with some $760 million stolen. The cumulative total for crypto hacks in 2022 is now at least $2.98 billion, already more than double the amount stolen through exploits in 2021, according to
In 2020, as U.S. presidential candidates squared off, the mob of Democratic hopefuls sought to separate themselves from the pack. As part of his bold campaign for fixing imbalances in the economy, Andrew Yang didn’t shy away from predicting cryptocurrencies may have a usefu
The European Union is set to be the first major jurisdiction in the world to agree how to regulate the digital asset sector, via its Markets in Crypto Assets regulation (MiCA).Under the recently agreed text, providers of crypto services – which means anything from trading t
The U.S. election is next week. Control of the Senate and House of Representatives is up for grabs, not to mention state legislatures and governorships. The crypto industry is playing a bigger role in 2022 than it did in 2020, but still not a large enough role to apparently matte
A long-term BBC investigation has discovered new and shocking details about one of the biggest Ponzi schemes of all time. OneCoin, which fraudulently branded itself as a cryptocurrency, appears to have received significant support from high-ranking government leaders in both the
The saying “It’s not what you say, it’s how you say it” is intended to underscore the idea that tone and confidence can (at least sometimes) take you further than the words you use. Although that may be true in certain instances, that is not true when spea
Twitter could be a $10 billion bird. That’s if Elon Musk can quickly transform the struggling social media giant into a super or ‘X’ app, a process he expects his $44 billion acquisition will help accelerate.
Ethereum’s highly publicized recent update, “the Merge,” radically changed how the second-biggest blockchain network works by eliminating its reliance on cryptocurrency miners and dramatically reducing its energy costs. The network’s next upgrade, “S
HONG KONG — On Monday, at the opening of Hong Kong FinTech Week, regulators declared the city’s ambitions to be a virtual asset hub. The government announced that it will hold consultations for allowing retail investors to invest on licensed platforms and is open to c
Elon Musk is now “Chief Twit” after taking Twitter private last week, and the transition period seems as wracked with uncertainty as the months-long buyout negotiations. Musk, who is also CEO of Tesla and of SpaceX, has brought on a number of advisers with familiar fa
A few weeks ago, I went down to Miami to speak to hundreds of marketing professionals at Adweek’s annual Brandweek summit. They planned a day dedicated to Web3 and the metaverse, the latter of which still seems to confuse many. What follows are the key tenets of the present
When the Terra system and its UST algorithmic stablecoin collapsed in May, it triggered a meltdown in the crypto world that has been compared with the Great Financial Crisis of 2008. Some people called Terra/UST “Crypto’s Lehman.” Others think the crypto fund Th
A mountain of crypto riches can’t automatically purchase a seat in Congress. But, for many campaigns winding their way toward the U.S. midterm election next week, it certainly doesn’t hurt.This year’s elections mark the first wave of races in which industry dona
Go around the room at any highbrow crypto gathering and ask what the suited participants are most excited about. The answer you’ll most likely hear is “regulatory clarity.” They’re not wrong – it would indeed be a boon to the industry as it would giv
Across the world, people are losing trust in the institutions that underpin society. Any thinking person can see the institutions of governance, finance and money are corrupt, incompetent and yet unavoidable.As a result, the world is in a continued state of crisis, gyrating from
In September, the Commodity Futures Trading Commission (CFTC) brought two actions against bZeroX, its two co-founders and the Ooki decentralized autonomous organization (DAO) for violations of the Commodity Exchange Act and underlying regulations.