Or Andrew Kang’s even more gigantic $200 million Bitcoin long position! Let's face it, it’s a wake-up call. A single Trump Truth Social post fueled the very first $100 million. In response to the political and economic shock of that post, a tariff pause soon happened. While the SEC is...
Oregon’s choice to lead the SEC’s failed lawsuit against Coinbase makes this troubling fact all too clear. It is a shocking example and a clear reminder that innovation will sure lose out every time it’s pitted against regressive regulatory logic. The first and most direct impact affects Coinbase itself, and...
Is Oregon really this out of touch? Meanwhile, in Washington D.C., the realization is finally dawning that we could be missing out on billions – yes, billions with a B – of economic activity. In the meantime, the Oregon Attorney General is pursuing a misguided lawsuit against Coinbase that will...
The IRS is doing its job. No one argues with that. We can agree that they need to collect taxes, and that everyone should pay their fair share of taxes. When I see a case like Waylon Wilcox, who pled guilty to not reporting over $12 million in income from...
Waylon Wilcox, 45 of Dillsburg, Pennsylvania, recently pleaded guilty. In doing so, he avoided millions in taxes on his profits from CryptoPunks NFTs. This is not your ordinary run of the mill tax evasion case. It marks a significant new chapter in the growing tension between individual liberty and social...
Next, meet Waylon Wilcox, from Dillsburg, Pennsylvania. He’s the chap who recently plead guilty to avoiding taxes on millions he earned flipping CryptoPunks. At first glance, it’s terrible optics for the NFTs-and-blockchain-are-the-future crowd. One more headline playing into the crypto stereotype as a Wild West shadowy, shady underbelly. This actually...
The headlines are buzzing: China’s government is sitting on a mountain of seized cryptocurrency. That feels like something you’d read in a dystopian fiction book, right? It's real. Well, if you’re in the crypto space, or thinking about it, you should be, and this is something you really need to...
China's crypto ban and the subsequent mountain of seized Bitcoin – it's a mess, right? Now, this is where the story gets really interesting – and surprising. Forget the West's hand-wringing about market crashes. Let's talk about Africa, the forgotten continent in this digital gold rush, and why China's problem...
The dollar is losing its grip. That’s not hyperbole, that’s the slow burn, the faith eroding confidence, a crisis of confidence caused by misguided policies and uncertainty from all corners of the globe. And even though for some this approach might look like a doomsday scenario, I encourage you to...
Brazil’s fintech innovation has been incredibly disruptive and supportive so far, bringing financial inclusion to millions of Brazilians. Nubank’s Recomeço program, which provides up to 99.9% debt relief, may seem like a lifeline. Capim’s Buy Now, Pay Later (BNPL) for dental care makes basic services accessible, allowing patients to prioritize...