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.


Defluenced, Episode 4: Review of Hive Social Blogging Platform

6 Oct 2022 1 minute read 9 comments Allen Taylor

Hive is a fork from pioneering Web3 social media platform Steemit, built by Ned Scott and Dan Larimer. In today’s episode of Defluenced, Unkle Bonehead (@unklebonehead) and I delve into the Hive platform and discuss what we like about it, and what we...

Kim Kardashian Flashes Crypto Assets, Gets Pinched By the SEC

5 Oct 2022 3 minute read 2 comments Allen Taylor

Bitcoin hash rate hits a high of 158 exahash per second. Cardano Founder Charles Hoskinson said bitcoin mining should come to an end. Bitcoin, gold hit 12-month correlation high. There are a lot of external factors depressing bitcoin’s price right no...

Wow! Coinbase Lost ACH Bank Transfer Ability for 6 Hours

3 Oct 2022 4 minute read 12 comments Allen Taylor

Good morning! I’m pleased to announce that my book Cryptosocial: How Cryptocurrencies Are Changing Social Media has won an award: First Place in the Technology category in the NYC Big Book Awards. Please, no autographs. :-) Enter the No Shill Zone...

Amazon Trials a Digital Currency and Ross Ulbricht Celebrates 10 Years in Jail

1 Oct 2022 3 minute read 4 comments Allen Taylor

If you haven’t discovered Cent Pages yet, I’d like to invite you to look at my page and collect issues of Cryptocracy as NFTs. The last issue, “What Could Make BTC’s Price Double?”, still has five mints left. You could be one of the five! The first C...

The CFTC Says One Thing Could Lead to Doubling Bitcoin's Price ...

30 Sep 2022 3 minute read 8 comments Allen Taylor

Professional traders don’t expect bitcoin to stay over $20K any time soon. Bitcoin’s climate impact could be bigger than gold mining’s. CFTC Chair Rostin Benham says regulation could double bitcon’s price. Did you know you can buy bitcoin with SWIFT?...

Defluenced, Ep. 3: What is Decentralization and Why Do We Need It?

29 Sep 2022 1 minute read 0 comments Allen Taylor

In case you missed it, the third episode of Defluenced dropped yesterday. Unkle Bonehead and I discuss decentralization. What it is and why it’s necessary in our over-centralized world. Before I embed the video, I’d like to share the 90-day growth tr...

Why Did BTC Outperform GBP, the Yen, and Other Major Fiat Currencies?

28 Sep 2022 3 minute read 15 comments Allen Taylor

Bitcoin outperforms major fiat currencies. A little more on the British pound’s collapse and impact on cryptocurrencies. Ethereum blows Bitcoin’s net inflation rate out of the water. The path forward for former Ethereum miners is unclear. Post-Merge,...

Ether Issuance Has Fallen 98% Since the Merge

26 Sep 2022 2 minute read 4 comments Allen Taylor

ETH issuance has fallen 98 percent since the Merge. Is Ethereum POS a threat to Bitcoin dominance? Cardano Founder Charles Hoskinson tweeted that Ethereum would have completed Merge faster by using the Snow White upgrade. The SEC claims all ETH trans...

stakefish Ethereum Validator in Turmoil as Amazon Hack Results in $235,000 Stolen

24 Sep 2022 4 minute read 10 comments Allen Taylor

stakefish, one of Ethereum’s largest validators, is in a state of turmoil after 25 percent of its employees depart. How to run an Ethereum validator. The Merge was a day of excitement in more than one way, as the stakefish story shows. An Amazon ha...

Does the U.S. Treasury Have It Out for Private Cryptocurrencies?

23 Sep 2022 8 minute read 7 comments Allen Taylor

One of the biggest concerns regarding the recently published Treasury Department report on CBDCs, titled The Future of Money and Payments, is that a central bank digital currency (CBDC) could easily be used to track private citizens. And because it c...