Nicholas Scalf

DeFi

Ethereum vs. the Competition: A Look at the Top Ethereum Killers in 2023

This is an up-to-date list of Ethereum's highest quality competitors that you should be keeping an eye on in 2023.

DeFi

What is Going on With the Federal Reserve Bailouts?

Here is our description of what is actually happening with the Federal Reserve bailing out banks.

Bitcoin (BTC)

Former Coinbase CTO Makes $2M Bet on Bitcoin’s Performance

Former Coinbase CTO, Balaji Srinivasan, bets $2M that coinbase will exceed $1M value within 90 days.

DeFi

Silicon Valley Bank Contagion has been Halted

Silicon Valley Bank has been bailed out of the contagion risk that was pending, what lessons can we learn from this?

DeFi

SQUID Token: A Double Dip Scam

The SQUID token rug pulled people --- then a fake law firm took people's money to pretend to sue them.

DeFi

Ukraine has Raised Over $200M in Cryptocurrency

Ukraine has raised over $200M for it's war effort via public cryptocurrency donations.

DeFi

Coinbase Launches Base: A New Era for Ethereum Layer-2 Networks

Coinbase is launching a new Ethereum Layer 2 called Base using the technology powering Optimism.

DeFi

FTX Japan Customers Can Withdraw Deposits Via Liquid Japan

FTX Japan, a subsidiary of the now-bankrupt crypto exchange FTX, announced its customers can now withdraw their cryptocurrency and fiat currency.

Bitcoin (BTC)

China's Secret Bitcoin Stash: How the Government's Seizure of BTC Surpasses MicroStrategy Holdings

The Chinese government may hold a significantly larger amount of Bitcoin than MicroStrategy, one of the largest corporate holders of Bitcoin.

DeFi

Circle Calms Nerves in Crypto Market Amid Regulatory Concerns

Amid a flurry of regulatory action, Circle has calmed nerves with news that the SEC hasn't issued them a Wells notice.

NFT

Microsoft Axes Its Metaverse Team, What Now?

Microsoft eliminated its Industrial Metaverse Team as part of their layoffs, leaving a big question about the future of their HoloLens.

DeFi

SEC is Picking an All-Out War with Coinbase

The SEC's recent moves against Kraken's delegated staking has caused serious concerns for Coinbase investors.

DeFi

Secret Network (SCRT) Restructures to Become a Non-Profit Following Controversy

A series of scandals with the CEO and founder of Secret Network (SCRT) has pushed the founder out and forced a corporate restructuring.

Bitcoin (BTC)

LocalBitcoins is Shutting Down After a Decade of Peer-to-Peer Transactions

After a decade of operation, peer to peer Bitcoin trading site LocalBitcoins is shutting down due to declining volume and regulation.

DeFi

Jump Crypto and a16z at War Over Uniswap’s New Bridge

Jump Crypto and a16z are at war over Uniswap's bridge launch to Binance Smart Chain (BNB).

DeFi

Who really owns Tether anyway?

Details of the 2021 New York Attorney General investigation into Tether has given us details own its ownership structure.

DeFi

The Binance FUD Has Some Legs

Binance has confirmed that it commingled user funds with it's reserves, and that it's stablecoin has not always been backed.

Bitcoin (BTC)

Tesla Made All the Crypto Mistakes

Tesla made all of the mistakes when it bought Bitcoin: buy high, sell low, and be loud about it.

DeFi

Where in the World is Ethereum?

We broke down where the bulk of Ethereum nodes are run, and the amount of centralization is pretty surprising.

DeFi

Genesis Files for Bankruptcy, Winklevoss Wants Criminal Investigations

Genesis files for bankruptcy, but the Winklevoss twins wants a full fraud investigation.

DeFi

Ethereum Full Steam Ahead to Shanghai Update

The Ethereum all developer call confirmed that Shanghai is on track for release, but that's only because of what they cut.

Bitcoin (BTC)

Coinbase is Cutting 20% of its Staff… Again

Coinbase is once again laying off about 1/5 of their total workforce due to poor macroeconomic situations, and declining trading volumes.

DeFi

FTX Is Trying to Un-Steal Money by Un-Donating It

FTX is trying to reclaim stolen user funds by taking back donations to non-profits, many used for vaccine research and disease prevention.

Bitcoin (BTC)

Shifting Inflation Rates to Watch in 2023

Bitcoin's inflation rate will be below the inflation rate of gold next year, and other cryptocurrencies have shifting inflation rates to watch.

NFT

How to Write Off your NFTs as Tax Losses

There are now tools popping up which allow you to sell your NFTs for $0.01, allowing you to write off the entire purchase price on your taxes.