This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
Share Dialog
Share Dialog
On lighter side of news, TradFi industry middlemen, their investors, and they general anti-crypto population have teamed up to create their first conference to share skepticism and to network with lawmakers. According to crypto critic journalist Amy Castor, the Crypto Policy Symposium promises a platform for the anti-crypto resentful to voice their negativity.
Author and symposium organizer Stephen Dieh further explains that this is a way for lawmakers to get a better understanding of the harmful parts of crypto and give them better education on that front.
As a pro-crypto person, this is a futile attempt by industry leaders whom have the most to lose to try and secure their future. But what they don't realize is their future is crypto. We will see the worst parts of crypto shake out, which I believe is the main reason for crypto hate. However, this is progress and as just in any other new systems, there will be trial and error. Sorry Crypto Policy Symposium, but I do not see this lasting for too much longer.
Written by: nikethereum.eth / Medium
On lighter side of news, TradFi industry middlemen, their investors, and they general anti-crypto population have teamed up to create their first conference to share skepticism and to network with lawmakers. According to crypto critic journalist Amy Castor, the Crypto Policy Symposium promises a platform for the anti-crypto resentful to voice their negativity.
Author and symposium organizer Stephen Dieh further explains that this is a way for lawmakers to get a better understanding of the harmful parts of crypto and give them better education on that front.
As a pro-crypto person, this is a futile attempt by industry leaders whom have the most to lose to try and secure their future. But what they don't realize is their future is crypto. We will see the worst parts of crypto shake out, which I believe is the main reason for crypto hate. However, this is progress and as just in any other new systems, there will be trial and error. Sorry Crypto Policy Symposium, but I do not see this lasting for too much longer.
Written by: nikethereum.eth / Medium
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