• Composing room of the New York Times (photo by Marjorie Collins via Wiki Commons from U.S. Farm Security Administration/Office of War Information Black & White Photographs)
    Crypto Power Lists,  Media

    The New York Times jerks the blockchain

    The New York Times might be jumping into the blockchain business. Despite publishing an article about blockchain-based media platform Civil’s failed initial token offering titled, “Alas, the Blockchain Won’t Save Journalism After All,” the Times on March 13 posted a job listing for a “Lead, Blockchain Exploration” position which it described as “a forward-looking leader who will help envision and design a blockchain-based proof of concept for news publishers.”

  • Kylie Jenner is on Forbes 2019 billionaire list while most of crypto's richest people aren't (via Shutterstock).
    Media,  People

    Most of crypto’s super-wealthy knocked off of Forbes billionaires list

    Back in February 2018, Forbes Magazine identified 19 of the “Richest in Crypto” based on who had about $1 billion worth in crypto. Galaxy Digital’s Mike Novogratz led the pack along with former child actor Brock Pierce and Coinbase’ then-35 year old CEO Brian Armstrong. But of those 19, only Armstrong appears on Forbes’ much anticipated list of billionaires in 2019.

  • Tether
    Media,  Opinion,  Tether

    Bloomberg’s Tether story doesn’t answer persisting questions

    Tether advocates rejoiced on Tuesday after a story by Bloomberg’s Matt Leising seemed to reassure readers that the stablecoin had enough dollars to back each token. “Bank statements reviewed by Bloomberg News suggest those fears may be unfounded,” Leising wrote. The story’s big contribution to the Tether debate was only that Bloomberg saw four separate months’ worth of Tether’s balances and each exceeded the amount of circulating tokens. Yet Tether’s bank balances should be expected to be positive at month’s end. As written in the often-cited study by John Griffin and Amin Shams of the University of Texas on alleged manipulation of Bitcoin prices using tethers: “the strong negative effect on…