News: no crypto in 401(k) retirement plans, more Bitcoin ETF rejections, NFTs on Instagram, Jamaican CBDC
“EBSA expects to conduct an investigative program aimed at plans that offer participant investments in cryptocurrencies and related products.”
Tag: united states
News: Sanctioned Russians try to dump Bitcoin; no crypto ATMs in the UK; Bored Apes underwear fails; Associated Press NFT plan; football sponsorships; how Facebook’s Diem died
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
El Salvador Bitcoin: No naked day-trading; Chivo Pets; AstroCasino
“Oh! Sweet mother of baby Jesus!” — a quote from one Salvadoran on seeing that Twitter video of the NFT casino.
News: World Wildlife NFT, Diem sale details, ECCB DCash offline
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
News: Craig Wright loses, baseball Bitcoin, Kickstarter on the blockchain, Australian crypto scams
A human centipede ouroboros of scammers scamming scammers scamming scammers.
News: Celsius CFO arrested, El Salvador journalists hacked, Senate vs. stablecoins
“The trick in the game is to make losers feel like they are winners, and one of the means of getting them into the trade is by paying them a yield to take on risks they don’t understand.”
Stablecoins: Tether, Libra, the President’s Working Group, the IMF
Phrases like “macro critical levels” are what central bankers say when they’re sounding the air-raid sirens.
Facebook’s Novi hooks up in Guatemala with Paxos, not Diem — just in time for the stablecoin report
David Marcus said in September that Novi would only abandon Diem as a “last resort.” Well, that didn’t take long.
News: the Senate has mild contempt for Bitcoin, Tether and USDC attestations, DeFi Money Market and Poloniex settle with SEC, Poly Network hack
Bitcoin is anti-fragile! Except against governments.