“What can I do with a dollar?” Many people don’t think a dollar is worth all that much these days, but that doesn’t mean that it’s worthless. In fact, there are a lot of things that you can do with a $1 bill that have nothing to do with spending money (plus a lot that … Read more
Not sure if you noticed, but this week the U.S. Congress House Committee on Financial Services had a day investigating stablecoins, led by Chairman French Hill. The hearing was entitled ‘Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency’ , and invited various … Read more
The trade tariff war that Donald Trump introduced on March 3rd has created a situation where the world is at war. Trade war. China responded by saying that they would hit back by imposing 10-15% tariffs on US farm products but, more importantly, have said that they are ready for war … any sort of … Read more
A federal grand jury has indicted a 51-year-old church pastor on 26 counts of fraud, after allegedly using his position to deceive victims into investing in a cryptocurrency investment scam. That in itself would seem unusual, but what is even more bizarre is that the the pastor alleged to be behind the scheme claims that … Read more
A man faces up to 20 years in prison after pleading guilty to charges related to an illegal cryptomining operation that stole millions of dollars worth of cloud computing resources. 45-year-old Charles O Parks III (who went by the moniker “CP30” online) pleaded guilty to wire fraud charges at a federal court in Brooklyn, New … Read more