This is an opinion editorial by João, founder of Boletim Bitcoin, a Brazilian website focused on Bitcoin, and contributor at Bitcoin Magazine. In an exclusive interview with the Brazilian portal Boletim Bitcoin, Andrea Senko, Rio de Janeiro’s secretary of finance and planning, commented on the city’s adoption of bitcoin and cited the likely purchase of bitcoin for the city government’s…
Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth. The IMF’s July update on the World Economic Outlook titled “Gloomy and More Uncertain” points to “higher-than-expected inflation,” and a contraction of global output as indicators of incoming poor economic growth. The report states in succinct…
Disclaimer: The author is a venture partner at Ten31, which co-led Fedi’s seed round. The below is a direct excerpt of Marty’s Bent Issue #1241: “Fedi is here to bring a consumer app building on FediMint.” Sign up for the newsletter here. We’ve been covering the development of FediMint in Marty’s Bent for a little over a year now. FediMint…
Commodity Futures Trading Commission (CFTC) commissioner Goldsmith Romero cited Joe Cisewski’s experience in digital assets as a key reason behind onboarding him as chief of staff and senior counsel. Announcing the move on July 26, commissioner Romero pointed to Cisewski’s 14 years of experience working across the CFTC, Securities and Exchange Commission (SEC) and crypto venture fund Pantera Capital. “Joe’s…
Globalization + What Is Money = Bitcoin What is money? It’s one of the more popular questions of the last few years. Especially in 2020 and 2021, when the grand, new U.S. administration decided to act as if a drunken sailor had taken over the keys to the printing press. “You get money, you get money, and you get …”…
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will be “the nightmare that’s waiting for the crypto industry.” Mark Cuban Foresees SEC Coming Up With ‘Nightmare’ Crypto Regulation Billionaire Mark Cuban, the Shark Tank star…
Two Web3 security firms have issued reports focused on the recent scourge of hacks targeting NFT projects, likely by a linked group of hackers using compromised Discord server administrator accounts. According to a recent analysis by TRM Labs, cyber attacks against NFT collections have steadily risen in 2022, costing the NFT community over $22 million in May alone. NFTs are blockchain-based tokens…
This is an opinion editorial by Maxx Mannheimer, a former sales account manager with a background in training and industrial-organizational psychology. I’ll begin by stating that I do not suggest that anyone take psychedelics. Each individual knows what is best for them and it is not my intent to challenge your free will in any way. If what I have…
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness Act’ A new bipartisan bill, known as the “Virtual Currency Tax Fairness Act,” was…
This is an opinion editorial by Adam Taha, an entrepreneur with two decades of government and corporate finance experience. The latest consumer price index (CPI) print came out at a shocking 9.1% (9.8% in cities), and many speculators expected bitcoin’s price to “moon.” What happened was the opposite and bitcoin’s price action correlated with other risk assets. Many threw an…
