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Why Bitcoin’s Price Got Stuck At $50,000

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Investor interest in other corners of the crypto market—including Ethereum and NFTs—has contributed to the lull. Why Bitcoin’s Price Got Stuck At $50,000 The late summer lull that overtakes Wall Street is even making bitcoin drowsy. Bitcoin’s price stalled right at $50,000 during its August rally. On Wednesday, the cryptocurrency…

Publicly Traded Companies That Are “Pure Play” or Have Bitcoin On Balance Sheet

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Bitcoin Treasuries In Publicly Traded Companies. Publicly Traded Companies That Are "Pure Play" or Have Bitcoin On Balance Sheet [caption id="attachment_21527" align="aligncenter" width="1000"] Bitcoin Treasuries In Publicly Traded Companies[/caption] Now a total of six public companies, MicroStrategy (1st and 2nd), Riot Blockchain, Cypherpunk Holdings, and Grayscale Bitcoin Trust hold Bitcoin…

Biden Urges CEOs To Improve U.S. Cybersecurity After Attacks

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President Joe Biden urged a group of chief executive officers to help improve cybersecurity across the nation’s critical infrastructure and economy, citing a lack of trained professionals to adequately protect the U.S. Biden Urges CEOs To Improve U.S. Cybersecurity After Attacks “Our skilled cybersecurity workforce is not growing fast enough…

How Hackers Hammered Australia After China Ties Turned Sour

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Wave after wave of cyberattacks has shaken the country. Experts say even the wealthiest nations are at risk if they annoy China enough. How Hackers Hammered Australia After China Ties Turned Sour A few days after Prime Minister Scott Morrison called for an independent international probe into the origins of…

How Target Got Cozy With The Cops, Turning Black Neighbors Into Suspects

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For years, America’s most upbeat retailer funded surveillance to make inner cities safe—for some. Now it’s trying to convince people of color that it’s changed. How Target Got Cozy With The Cops, Turning Black Neighbors Into Suspects Before police Sergeant Alice White assigns officers to work off duty at the…

How To Make Vietnam A Powerful Trade Ally For The U.S.

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Helping America's old war-time foe transition to a more high-tech economy would make the Asian nation a more valuable strategic partner. How To Make Vietnam A Powerful Trade Ally For The U.S. Kamala Harris’ historic visit to Vietnam — the first time a U.S. vice president has visited the country…

Banking Could Go The Way of News Publishing (#GotBitcoin)

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Tech giants pose a far bigger challenge to brick-and-mortar lenders than fintech startups that don’t have the scale of platform businesses. Banking Could Go The Way of News Publishing (#GotBitcoin) Will banking meet the sorry fate of newspapers? With the tech industry creeping up on licensed deposit-taking institutions in India,…

Operation “Choke Point”: An Aggressive FTC And The Response of The Payment Systems Industry

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In an initiative ominously dubbed “Operation Choke Point,” the Federal Trade Commission (the “FTC”) has increasingly targeted players within the payment systems industry for the allegedly deceptive trade practices of their merchants. These legal actions have taken two primary forms. Operation “Choke Point”: An Aggressive FTC and the Response of…

Bezos-Backed Fusion Startup Picks U.K. To Build First Plant

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Canada’s General Fusion plans to start testing a $400 million pilot facility outside London by 2025. Bezos-Backed Fusion Startup Picks U.K. To Build First Plant A nuclear fusion startup backed by billionaire Jeff Bezos will build its first pilot power plant outside of London, potentially accelerating a new way of…

TikTok Is The Place To Go For Financial Advice If You’re A Young Adult

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The short videos are ideal for many people. But is the advice any good? TikTok Is The Place To Go For Financial Advice If You’re A Young Adult TikTok is the place to go for new dances, viral taco recipes—and, now, financial advice. The big benefit of TikTok is that…

More Companies Weigh Penalizing Employees Without Covid-19 Vaccinations

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After months of lobbying and encouragement, businesses are considering more forceful methods, like Delta’s benefit surcharge. More Companies Weigh Penalizing Employees Without Covid-19 Vaccinations Companies unwilling to require employees to get vaccinations are increasingly considering healthcare-benefit surcharges and other more aggressive measures to make their workplaces safer from Covid-19, employment…

Crypto Firms Want Fed Payment Systems Access—And Banks Are Resisting

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Efforts by the new breed of financial entities, if successful, could create more competition for traditional banks. Crypto Firms Want Fed Payment Systems Access—And Banks Are Resisting Cryptocurrency companies want to tap into the Federal Reserve payments systems that traditional banks use to move money around quickly. The banks are…