By Vin Narayanan on December 14, 2022
I had planned on writing about startups today. A major scientific breakthrough in fusion happened this week. The implications for humanity and startups are astounding. But then two massive crypto stories broke, so startups (and fusion) will have to wait. Bahamian authorities arrested disgraced FTX co-founder Sam Bankman-Fried on Monday after the U.S. Attorney for the Southern District of New York shared a sealed indictment (that included…
By Early Investing on September 23, 2022
Earlier this month, Binance made a move that raised eyebrows. The world’s largest crypto exchange launched “BUSD auto-conversion,” which will convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into Binance’s own stablecoin. Binance said this auto-conversion is…
By Early Investing on October 11, 2019
In the crypto world this week, Coinbase offers interest on its stablecoin, a Crypto Rating Council forms to rate cryptocurrencies based on their likelihood of becoming securities and Block.one gets a slap on the wrist from the SEC.