Cryptocurrency
What Comes After Crypto Winter?
America’s founders redefined the relationship between man and state with the First Amendment of the Constitution, which prohibits the government from making any law “respecting an establishment of religion.” By...
Will Crypto Replace National Currencies?
The infamous three letters FTX will be removed from the arena that serves as home to the Miami Heat basketball team and as a popular venue for musical events. The...
Treasury Zeroes in on Crypto as a Threat to Financial Stability
In a report released on Monday, the Treasury Department’s Financial Stability Oversight Council sounded the alarm that unregulated cryptocurrencies could pose major risks to the U.S. financial system, CNBC reported....
Crypto Scam? Kim Kardashian Reaches $1 Million SEC Settlement
In a surprising move, the Securities and Exchange Commission (SEC) announced Monday that it had reached a settlement with reality star Kim Kardashian. In 2021, Kardashian touted a cryptocurrency asset...
Report: Rep. Waters’ Attempt to Hold Vote on Crypto Bill Likely to Fail
A new Politico report has suggested that bipartisan opposition is likely to derail House Financial Service Chair Maxine Waters’ (D-CA) attempt to hold a vote on a major cryptocurrency bill this week. The...
Digital Raid: North Korea Blamed for $100 Million Crypto Hack
Last month, hackers stole $100 million worth of cryptocurrency from the blockchain brokerage known as Horizon. “We have begun working with national authorities and forensic specialists to identify the culprit...
Crypto Blitz: Justice Department Announces New Crypto Fraud Charges
In addition to the collapse in recent months of crypto and NFT markets, several figures in crypto have also been brought up on criminal charges. The six cases announced by...
Bill Gates Slams Cryptocurrencies and NFTs as Scams
Microsoft co-founder Bill Gates has asserted that he believes cryptocurrencies and non-fungible tokens (NFTs) are “100 percent” based on the greater fool theory—referencing the notion that investors can make...
Cryptocurrencies Are Not the Major Threat to the Sanctions Regime
Last week, Senator Elizabeth Warren (D-MA) introduced the Digital Assets Sanctions Compliance Enhancement Act, which she argues is necessary to close loopholes that might allow Russian oligarchs to evade sanctions...
Cryptocurrency Is a Cash Cow for Far-Right Extremists
Canada’s Freedom Convoy protesters are increasingly turning to cryptocurrency donations for support after crowdfunding site GoFundMe seized millions of dollars that the convoy had raised on the platform. This shift...
The IRS is Starting to Take Cryptocurrency Seriously
While cryptocurrency is new, it is like any other investment at the end of the day. That means if you invested in crypto and made a profit, you will have...
Russia Moves Toward Cryptocurrency Ban
Russia’s central bank issued a report on Thursday claiming that cryptocurrencies resemble a pyramid scheme and pose a threat to the country’s financial system. The report took the notable step...