Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


Coinbase Wallet Vulnerable to 'Red Pill' Attacks; LinksDAO Buys a Golf Course

22 Mar 2023 2 minute read 6 comments Allen Taylor

Coinbase Wallet is vulnerable to red pill attacks, says ZenGo Wallet. Coinbase used ChatGPT to review token security and this is what they found. LinksDAO to buy Scottish golf course. A historic moment in DAO culture. Gala Games sues pNetwork over pr...

BTC Gets Its Dander Up, and So Do FTX Investors

20 Mar 2023 2 minute read 5 comments Allen Taylor

Bitcoin surges 37 percent against USD and hits $28,000. Some people are blaming it on bank instability. Former Coinbase CTO makes $2 million bet that BTC will skyrocket to $1 million by June. Remember when the late John McAfee said he’d eat his own d...

What is the Global Digital Rights Charter, and Why Is It Necessary?

17 Mar 2023 5 minute read 8 comments Allen Taylor

"When in the course of human events ….” Thus begins the historic document “The Declaration of Independence,” which was effectively a divorce proclamation issued to King George III by American colonials in 1776. After tearing up, poor George, not to b...

Web3 Wednesday: Why Did Meta Kill NFTs on Facebook and Instagram?

15 Mar 2023 3 minute read 11 comments Allen Taylor

Welcome to another Web3 Wednesday. Let’s see what’s happening today. Meta is killing its NFT initiative. Yes, you read that right. No more NFTs on Facebook or Instagram. Don’t expect me to cry about that. Some creators, however, are not happy. Bitcoi...

Silicon Valley Bank Collapses while USDC Depegs

13 Mar 2023 3 minute read 5 comments Allen Taylor

Today, everyone is talking about the Silicon Valley Bank (SVB) collapse. What happened and why is it significant? It turns out the bank was heavily invested in government bonds. When interest rates rose, bond values fell. Unfortunately, SVB didn’t ha...

Is This the End of the Platform Age As We Know It?

10 Mar 2023 5 minute read 4 comments Allen Taylor

Justin Cox, a Web2 writer, has observed that the platform era is coming to an end. On Substack, he wrote an article titled “The Platform Era is Ending” in which he points out that … Social media ad revenue is falling; User engagement is down; T...

Why I'm Rooting for the SEC on Web3 Wednesday

8 Mar 2023 3 minute read 3 comments Allen Taylor

The top news of the day is a news release issued by the U.S. Securities and Exchange Commission (SEC) announcing $28 million in rewards for whistleblowers who help the commission reign in scammers in the capital markets—including crypto. The commissi...

Is Binance Headed for Trouble With the SEC?

6 Mar 2023 3 minute read 12 comments Allen Taylor

Internal documents reveal Binance created Binance.US to elude U.S. securities regulators and tried to hire Gary Gensler before he became SEC chairman. This doesn’t look good for either Binance or Gensler. Last year, the Securities and Exchange Commis...

February 2023 Web3 Social Earnings

3 Mar 2023 5 minute read 3 comments Allen Taylor

I had a bang-up January as far as Web3 social media earnings go. I thought I was dreaming. Well, February brought me back to reality. Here’s what my earnings looked like last month. AFIT I have no idea what I earned in AFIT. I didn’t make a note of m...

Web3 Wednesday: How Is D.Buzz Different From Leo Threads?

1 Mar 2023 4 minute read 2 comments Allen Taylor

Thanks for joining me in another issue of Web3 Wednesday. Let’s kick off this edition with a discussion on D.Buzz with founders @chrisrice and @nathansenn. D.Buzz has introduced the easiest and most seamless onboarding ramp to the Hive blockchain. We...