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Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain


Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning America host George Stephanopoulos, and recently conducted an interview with New York Magazine....

Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation


What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD. First and foremost, BUSD is a stablecoin pegged to the US Dollar...

The Internet’s Urgent Pokémon Scarlet And Violet Questions, Answered


I think that whether I’m 4 or 24, looking into the water drop eyes of bubblegum Jigglypuff, winsome Sylveon, or now the fluffy, pastry case Fidough will always make my heart squeeze a little. That’s the timeless appeal of The Pokémon Company’s tiny, battle-ready monsters, and why its latest...

IRS Updates Crypto-Related Instructions for 2022 Tax Filing


The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...

Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown


A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters...

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