March 4, 2022
“War is the realm of uncertainty; three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty” —Clausewitz The unspeakable violence and aggression that Russia has unleashed against Ukraine Read more…
October 3, 2019
This past week, two companies within the token ecosystem announced settlements with the SEC. The SEC has been pursuing enforcement action for the past couple of years in wake of the ICO boom and bust of 2017. Neither of the Read more…
July 25, 2019
The last time I wrote was on the eve of Facebook’s cryptocurrency Libra announcement. At this time tomorrow, the US Congress will have held its first hearing on the matter. It’s been quite an active few weeks – Bitcoin reached Read more…
May 13, 2019
Greetings from the very beginning of NYC Blockchain Week. This is where it all started just two years ago, when ETH and BTC prices began their meteoric rise in 2017, soon to be followed by the ICO boom and bust. Read more…
July 6, 2018
As the United States celebrated its Independence Day on July 4th, several jurisdictions around the world, including South Korea, Bermuda and Malta, passed legislation to support crypto assets and virtual currencies. Of these, South Korea’s appears the most detailed by Read more…
March 5, 2018
In the past week, more news started to emerge about the SEC subpoenas that I alluded to in last week’s newsletter. While it remains to be seen what the SEC plans to do with the information, it is clear that Read more…
February 19, 2018
As the price of bitcoin rose to over $11,000 this morning (from lows near $6000 two weeks ago), governance was a key theme over the past week. While public comments from the SEC as well as regulators in South Korea Read more…
February 12, 2018
Last Tuesday February the Senate Banking Committee held a hearing with SEC Chairman Jay Clayton and CFTC Chairman Christopher Giancarlo to discuss potential cryptocurrency regulation. As the chart below displays, the cryptocurrency market was in the middle of its second Read more…
February 4, 2018
Cryptocurrencies lost over $250B of value last week as more regulators around the world issued guidance. Unfortunately much of the press coverage missed the mark, with many headlines claiming that India was banning cryptocurrencies. Indian Finance Minister Arun Jaitley, during Read more…
January 22, 2018
Last week saw a significant correction in the bitcoin and broader cryptocurrency market, with the top 100 coins declining anywhere from 15–30% over a 2 day period, and the overall cryptocurrency market losing $200B of market value before making up Read more…