Cryptocurrency Archive

“One appeal of generative A.I. is that it offers something for every would-be entrepreneur.” Yes, it is nice to see the hype machine in full effect, isn’t it? Here’s a sentence we should revisit in a year: “And unlike crypto, especially now, A.I. is a more credible field to be in for mainstream techies.” Anyway, every single one of these children would have gone to work on Wall Street before the year of our lord 2008.

Now the volume for its crypto on-ramp business has fallen by about 70 percent, its chief operating officer has left, and the chief technology officer left, too. The bagholders include Tiger Global Management and Coatue. Unclear what this all means for the celebs who bought in because of the NFT concierge service!

Right, okay, the guys who were insider trading at Coinbase are settling SEC charges that “they engaged in insider trading through a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities” — wait, hang on. Securities?

Fun inside baseball tip: Pay attention when a company hires Charles Harder and has him speaking on the record. Anyway, Gemini!

Kudos to The Block for spotting this hilarious thing on the website of Paradigm, a venture firm:

Seven years and millions of dollars later, the Australian Securities Exchange has decided to scrap its plans to rebuild its trading platform with a blockchain-based network.

Just in time for Bitcoin 2023, the WSJ took a look at the state of play of crypto in Miami. Here’s what it found: