Scams Are Up, NFTs Are Up, and The Whole Crypto Market Is Up
But is cryptosocial media up to the task of decentralization?
What’s happening in crypto this week? Sit tight and I’ll let you know …
Australian financial regulator ASIC says financial scams, including cryptocurrency scams, are up +200% since the pandemic.
The French government has seized $34.5 million in bitcoin and will auction it off.
Everyone’s talking about non-fungible tokens. One piece of digital art sold for $69.3 million.
The Commodity Futures Trading Commission is targeting Binance to see if U.S. residents traded on the platform.
The crypto trading market is now more valuable than Canada’s GDP.
Litecoin jumps 10%.
BlockFi files Reg D offerings for Litecoin and Ethereum trusts.
Custom apparel company RushOrderTees plans to invest $1 million in cryptocurrencies, including bitcoin.
Top Crypto Analysis
Here are some interesting analyses of crypto products, services, and events this week.
Review of To The Moon Bank’s crypto products.
Can Ethereum challenge bitcoin for crypto price dominance?
How to earn interest on your cryptocurrency.
3 decentralized finance projects to follow.
6 reasons crypto needs to be regulated.
Analysis included here doesn’t imply my endorsement of the views presented nor agreement with them.
Overheard On Twitter
What’s Up With Cryptosocial Media
I’m proud to say I’ve sent my forthcoming book “Cryptosocial: Is Social Media Ready for Decentralization?” to two peer reviewers. I’m anxious to see the reaction. I’ve already thought of a couple of ways to improve the manuscript, but I’m going to wait until I get feedback from my readers before I get started down that track. Meanwhile, to whet your appetite, here are a couple of previews of some content.
Will cryptosocial media solve these 3 problems?
5 lessons cryptopreneurs can learn from social media.
Do you have an idea for future content? Let me know by responding to this newsletter.
Allen Taylor is a veteran award-winning journalist and former newspaper editor. He is a freelance writer focused on fintech, including blockchain and crypto projects, and manages crypto blogs through CryptoBloggers. Let’s connect on Twitter. He is currently writing a book about where crypto intersects with social media.