Crypto Series

This is part 24 of the crypto series. In this episode we review multiple crypto related articles. This week was dubbed ‘Crypto Week’ by the U.S. Congress because of 3 crypto bills that are being reviewed. The Genius Act is scheduled to come up for a vote this week in the house of representatives. In other news, Bitcoin flies to a new all-time high, OmegaPro is charged with crypto fraud, BNY Mellon will have custody of Ripple’s new stablecoin, Strategy buys another $530 million worth of bitcoin, and Cornerstone Advisors provides a breakdown of what banks need to know about the Genius Act.

This is part 25 of the crypto series. In this episode we review recently signed crypto regulation The Genius Act and two additional bills, JPMorgan and the other big banks want to get involved with Stablecoin, Ether jumps into the spotlight, Stock Tokenization is not all it is made out to be, and we consider if crypto is bad for the government deficit?

This is part 18 of the crypto series. In this episode we review recent crypto related stories including updates on potential regulation and new guidelines from the OCC, crypto scams and fraud from Jump Trading to the crypto hack of Bybit, to pig butchering in the Philippines, and video games. We also look at MicroStrategy and how crypto can be vulnerable to a quantum hack. All the articles covered in this episode are from The Wall Street Journal (subscription required).

This episode examines two reports, one from the SEC titled “Fiscal Year 2024 Report on Activities” and one from Chainalysis titled “Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY as Fraud Industry Leverages AI and Increases in Sophistication.” Crypto fraud has seen a massive increase in recent years but Pig Butchering and other so called romance scams have become increasingly popular by fraudsters. Anyone can fall victim to these scams, so it is critical to understand how they work and how they are perpetrated on victims. Links to both reports are included below. Link: 2024 Pig Butchering Crypto Scam Revenue Grows 40% YoY as Industry Increases Sophistication Link: SEC OIAD Report on Activities: Fiscal Year 2025

This is part 16 of the crypto series. In this episode we review recent crypto related stories included another meme coin disaster in Argentina, Robinhood making big profits off crypto trading, are stablecoins friend of foe for banks, and Coinbase made some accounting changes and had a legal case dropped by the SEC. Links to several of the related articles are included below. Link: Stablecoins: Friend or Foe to the Banking Industry? | Bank Director Link: Robinhood Stock Hits All-Time High as Soaring Crypto Trading Powers Q4 Profit Link: Coinbase says the SEC has agreed to end 'bogus' enforcement case against crypto exchange

This is part 17 of the crypto series. In this episode we review recent crypto related stories including the first ever White House Crypto Summit, the creation of a strategic cryptocurrency reserve, and who are some of the key players from the crypto world trying to influence the government’s role in crypto and ultimately the regulation to come.

This episode provides an update on the crypto industry by examining several articles in The Wall Street Journal (subscription required) titled “Behind Bitcoin’s rally is a simple fact: Supplies are limited” and “Crypto industry hopes Trump can finally get them bank accounts”. In addition, we provide some industry related news to give a full picture of what is happening in the crypto world.