The SEC is once again under the sway of the Trump flame. Just as alarming is its partnership with crypto companies linked to such ties to the former president. Regulatory reset, or stepping into the abyss? Industry insiders widely supported it as a significant course correction after what they considered...
To be fair, let’s admit, the NFT space has been an up and down adventure. We've seen the hype, the outrageous prices, and frankly, a lot of…well, let's call it disposable blockchain content. Underneath the noise, something significant is brewing: the slow but steady legitimization of NFT art. With that...
OpenSea has reaffirmed its dominance in the NFT marketplace arena, bolstered by the launch of its new platform OS2, a cleared regulatory hurdle, and strategic expansions into Solana trading. The platform has accounted for nearly 70% of all NFT sales over the last month. With more than 610,000 wallets in...
Is this marketing genius, or Web3’s moment of jumping the shark? Relatedly, I’m fascinated that Trump is going to host a gala dinner for the top TRUMP meme coin holders at his Washington golf club. The prospect of him actually showing up does make me cynical, though. It does indeed...
Senator Dave McCormick. The name would confer power and prestige, an all-seeing, all-knowing protector of our economic destiny. Instead, it's sparking a question that chills the blood: are we witnessing the legalized corruption of crypto regulation?McCormick sits on the Senate Banking Committee's digital assets subcommittee, a key player in shaping...
The lines between politics and the burgeoning cryptocurrency industry are growing dangerously thin. A recent high-profile gala dinner featuring former President Donald Trump has stirred up some fun debate within the crypto community. This event, offering exclusive access to Trump for top holders of the TRUMP meme coin, raises questions...
The Security and Exchange Commission (SEC) has recently charged Jonathan Palafox, the founder of PGI Global. He is accused of operating a purportedly cryptocurrency and forex trading fraud that defrauded investors. Phase 1 of the scheme ran from January 2020 until October 2021. It purportedly used the money from newer...
The world of cryptocurrency investments is an attractive one, riddled with opportunities for lucrative profits and boo-coo bucks. It brings with it enormous danger—including the specter of fraudulent scams. One recent case illustrates the dangers investors need to watch out for. It centers on PGI Global and its founder, Palafox,...
The SEC's charges against Ramil Palafox, founder of PGI Global, aren't just about another crypto scam gone wrong. They shine a misleading, baffling light on the predatory side of Web3. Their siren call drives desperate creators off the metaphorical cliff into abject poverty. Almost $300 million disappeared, commitments broken, and...
The Web3 industry is overflowing with the potential for greater decentralization, democratized access, and a new level playing field. To be fair, let’s admit that the hype rarely matches up to reality. The Zyber365 and Agna Capital alliance is the latest example, and it begs a crucial question: will it...
