In the beginning of 2021, Dogecoin was worth far less than a penny. Right now it sits around a comfortable $0.28. Not too bad for a token named after a dog meme. The coin has gone as high as $.74, but that was because of social media hype generated by Elon Musk among others, and the price quickly diminished. Many financial experts and investors who have made massive fortunes trading stocks, options, and futures in the past have denounced cryptocurrency as a whole many times. In May of 2021, Andrew Bailey, the Bank of England Governor, warned that people who invest money in Crypto risk losing it all. Since then,…
-
-
Binance sues Forbes, journalists over allegations of deceiving U.S. regulators
The largest cryptocurrency exchange took issue with an article saying Binance.US was set up to enable it to avoid American anti-money-laundering laws
The story in question, “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators,” claimed that Binance set up American crypto exchange Binance.US as a way to “intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.”
-
Just seven crypto companies make CBInsights’ Fintech 250
It’s a disappointing showing for the booming crypto sector—but the usual suspects including Coinbase and Binance still have a place in the list
Coinbase topped the Fintech 250 list released on Sept. 1 as the most-funded business in the crypto category. Given how rumors have been swirling of a potential stock market listing—potentially as early as this year—it’ll likely be one to watch.
-
No longer Civil: Blockchain-based journalism network is yesterday’s news
The Civil team, which aimed to offer high-quality journalism funded by a crypto ecosystem, will be joining ConsenSys to work on other projects
Civil was the first company to make a full-throated attempt at offering high-quality journalism powered by blockchain. But now, after a series of unfortunate missteps, the embattled firm is yesterday’s news—and its network will go into “hibernation” after barely 18 months in action.
