Kathy Kraninger, former director of the Consumer Financial Protection Bureau and now part of the Crypto Market Integrity Coalition, discusses whether the crypto industry is the Wild West of finance, and how the industry is getting smarter about tackling fake trades and other market manipulation tactics.
Crypto Market Manipulation Q&A (VIDEO) Read More »
Despite slowing sales this year, digital assets remain one of the most closely watched areas of the crypto industry. Sales of NFTs, or non-fungible tokens — which are unique digital art, music or even tweets — slipped 4.6% in the first quarter of 2022 to $7.9 billion from $8.3 billion in the prior quarter, according
By Kathy Chu, TruthDAO As NFTs go, Noleranef #1935 doesn’t even offer a song—it’s just an endless, random collection of beeps, boops, and other electronic sounds. Its creators say the audio stream provides a way for artists to fashion unique variations of their own songs. On OpenSea, the largest NFT trading platform in the world,
Fraudulent \”Wash Sales\” Roil Booming NFT Market Read More »
By Kathy Chu, TruthDAO Just how big is the NFT market? By some estimates, sales could top $40 billion this year — $30 billion at the low end. But the proliferation of fake “wash trades” is calling that claim into question. Blockchain data firms say they can filter out many wash trades by looking for
Do Fake Trades Call NFT Market Size into Question? Read More »
By Kathy Chu, TruthDAO Sheila Warren, chief executive of the Crypto Council for Innovation, believes cryptocurrency — and the blockchain technology underpinning it — is powering the fourth industrial revolution, an era defined by the lines blurring between the physical, digital and biological worlds. Warren believes regulators can speed the pace of change, and in
Crypto Tech Powering 4th Industrial Revolution: Crypto Council CEO Sheila Warren Read More »
By Kathy Chu, TruthDAO When Jonathan Perkins, an entrepreneur with deep experience in web application development, decided to start a digital art business in 2018, investors were openly skeptical. “We were laughed out the door,” Perkins recalled. Investors advised Perkins and his team to go into the gaming industry instead. Four years later, the market
Crypto DeFined Recap: Jonathan Perkins, co-founder of SuperRare Read More »
By Kathy Chu, TruthDAO Last Friday on “Crypto DeFined,” Hester Peirce, currently the lone Republican commissioner at the Securities and Exchange Commission, made it clear that she embraces her role as an independent voice in the regulatory world. While Peirce’s views on crypto often diverge from the majority at the SEC, headed by Democrat Gary
Crypto DeFined: Hester Peirce Recap & the Week Ahead Read More »
By Kathy Chu, TruthDAO Regulators need to streamline rules of the road for the $3 trillion cryptocurrency industry or risk losing innovation that might benefit consumers far beyond the crypto world, U.S. Securities and Exchange Commissioner Hester M. Peirce warned Friday. Peirce — who appeared on TruthDAO\’s \”Crypto DeFined\” show on Fireside – said regulators
If the Republican gains in the 2010 midterm elections were a shellacking as President Obama so aptly labeled it, what term best applies to the Republican surge in the midterm election we just had? A whuppin’? But our President could save his presidency and clinch his legacy—and help millions of unemployed Americans—by doing something
Advice for O: Embrace Biz! Read More »
By Dennis Kneale It happened to me around 1:30 p.m. on Thursday afternoon—a scary intruder entered my apartment, invading my sense of safety and privacy in my own home. And he refused to leave. At the start, it had the makings of a home invasion. By the finish, it was kind of sad, and the