One of the many ways that Donald Trump‘s first presidential term was unprecedented is that his brazen self-dealing triggered multiple federal lawsuits alleging violations of the Emoluments Clause, or the provision of the U.S. Constitution that bars federal officials from accepting money and gifts from both foreign and domestic actors. …
Read More »Trump's Crypto Reserve Announcement Boosted Bitcoin — But Only for 24 Hours
On Sunday, President Donald Trump announced plans to theoretically deliver on a promise to Silicon Valley cryptocurrency whales who backed him with millions in Super PAC donations during his 2024 run. In order to “make sure the U.S. is the Crypto Capital of the World,” and as an extension of …
Read More »Your NFTs Are Actually — Finally — Totally Worthless
A team of researchers have crunched the numbers to explain why you don’t see people hawking ugly cartoon apes on the internet as much anymore: NFTs, or non-fungible tokens, once vaunted as a revolution in crypto and digital art, are largely worthless. “Dead NFTs: The Evolving Landscape of the NFT …
Read More »4 Things Every Artist Needs To Understand About Bitcoin Network's Update for Native NFTs
Digital artifactshave come to Bitcoin, essentially breaking Ethereum and Solana’s virtual duopoly on NFTs. But many have expressed their disdain for the technology based on inventor Casey Rodarmor’s Ordinal protocol. And with good reason. Ordinals’ inscription feature enables storage and tracking of NFT content on the BTC blockchain, but as …
Read More »Will This Be the First Country Bankrupted by Crypto?
Six days before El Salvador’s Bitcoin Law went into effect, Mario Gómez was dragged from his car, handcuffed, and detained. There was no arrest warrant for the software developer, who had taken to his personal Twitter account to inform the Salvadoran public about the cryptocurrency that was soon going to …
Read More »How 'Baby Al Capone' Pulled Off a $24 Million Crypto Heist
T he break-in happened around 4 a.m., on a leafy street in the otherwise sleepy and sleeping village of Irvington, New York. Four men wearing ski masks and gloves, armed with knives, rope, brass knuckles, and a fake 9 mm, crept around the back of the large suburban home, their …
Read More »Jay-Z, Jack Dorsey Launch 'Bitcoin Academy' Program in Marcy Projects
Jay-Z and former Twitter CEO Jack Dorsey are teaming up to launch a financial literacy program, titled The Bitcoin Academy, for residents of the Marcy Houses project in Brooklyn, New York, where the rapper grew up. The program, announced Thursday, will offer classes online and in-person to Marcy residents with …
Read More »Why Did An Anonymous Donor Give Alex Jones $1 Million in Bitcoin?
A new report reveals an anonymous donor sent over $1 million in Bitcoin to a cryptocurrency wallet owned by Alex Jones and advertised on Infowars‘ website, calling Jones’ financial situation into question despite owing hundreds of thousands of dollars in damages to Sandy Hook families and filing for bankruptcy earlier …
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