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.


The Biggest Crypto Scams in History (Do You Know What They Are?)

9 Feb 2022 4 minute read 2 comments Allen Taylor

Over the weekend, Ethereum whales loaded up on Axie Infinity. It was the most traded token among the 1,000 largest ETH wallets in a 24-hour period. Some of the bigger whales purchased millions of dollars worth of AXS. Maybe we’ve got another rising s...

Bitcoin Pumped $200 Billion While the Bitcoin Family Found 0 Percent Crypto Taxes in Portugal

7 Feb 2022 3 minute read 2 comments Allen Taylor

Kenneth Rapoza asks, “Is Bitcoin becoming just another tech stock?” Whether it is or isn’t, Senator Ted Cruz recently bought the dip. On top of that, MicroStrategy made a huge splash as whales are wont to do and CoinDesk explains the corporate argume...

Does Coinbase Like Tether's Tongue Or Is This Just a Formality? (And Other Crypto-Related News)

5 Feb 2022 1 minute read 3 comments Allen Taylor

Bitcoin broke the $40,000 barrier again. But is that any consolation when payment processing time is still 10 minutes? If you still want to buy bitcoin on one of your mobile apps, CoinDesk will make sure you know how. CoinBase is giving users an oppo...

My Cryptosocial Earnings for January 2022

4 Feb 2022 6 minute read 13 comments Allen Taylor

This year I’m going to start something new. I’m going to start reporting, on the first Friday of each month, my earnings from cryptosocial media of the previous month. This will be my first report. The cryptosocial platforms and protocols I’ve been p...

MyCrypto Wallet and MetaMask to Merge Through ConsenSys Acquisition

2 Feb 2022 2 minute read 1 comment Allen Taylor

Bitcoin is off to its worst calendar year start in eight years. ConsenSys acquires MyCrypto wallet, plans to merge it with MetaMask. Good news for everyone who’s tired of looking at Tether: USDC is closing the gap on the leading stablecoin and now co...

Fidelity is the Latest Company to Get Into the Metaverse

31 Jan 2022 1 minute read 0 comments Allen Taylor

Fidelity has filed an application with the SEC for a metaverse-related exchange-traded fund. The fund will focus on companies that develop, manufacture, distribute, and sell products and services supporting the metaverse—whatever that actually ends u...

Ethereum's Hash Rate, Bitcoin's Exits, and Ripple to IPO?

29 Jan 2022 4 minute read 0 comments Allen Taylor

As the market moves down, Ethereum hit a new all-time high on its hash rate. Not only that, but the number of ETH holders with at least 1 ETH has also hit a new all-time high. Does that sound like a bad week for crypto? In a single day this week, mo...

Picasso Art Being Turned Into NFTs

28 Jan 2022 2 minute read 6 comments Allen Taylor

The heirs of Pablo Picasso are getting in on NFTs. It turns out the famed 20th-century artist has some ceramic artwork that has never been seen publicly. His granddaughter and great-grandson are planning to release 1,010 digital art pieces of his cer...

Ethereum Foundation Kills ETH 2.0

26 Jan 2022 1 minute read 3 comments Allen Taylor

Traveling can be a joy. Or it can be a drudgery. This past week, my wife and I drove to Pennsylvania to attend her grandmother’s funeral. The funeral was Thursday. Saturday morning, we woke up with cold-like symptoms. Sunday afternoon, we left Pennsy...

Binance May Have Weak Money-Laundering Practices, But Should We Care?

22 Jan 2022 1 minute read 0 comments Allen Taylor

Crypto exchange Binance has been operating in secrecy, preventing government regulators from knowing what they need to know to effectively regulate exchanges like Binance. One can understand why. If they declared a headquarters in any country, they’d...