Merchant Loses Whole EIDL After Attempting to Earn High Yield On It
It’s a tale of Covid EIDL relief gone wrong. A small business owner in Colorado Springs, CO is begging for his funds back after taking the entire lump sum of his EIDL funds ($525,000) and depositing...
View ArticleWhite House Feels the Pressure of Cryptocurrencies
Houston, we have a problem. That’s the takeaway about cryptocurrencies from the White House’s most recent Economic Report, a historically dry book produced annually to comply with the Employment Act of...
View ArticleNo, FedNow Payments are Not a Digital Currency
The Federal Reserve is launching a new instant payments service called FedNow in July 2023. However, there is apparently a common misconception that FedNow is a form of digital currency or a step...
View ArticleMurray Loses Election for ENS Foundation Directorship
deBanked president Sean Murray was one of two nominees earlier this month for an open director position of the ENS Foundation. ENS stands for the Ethereum Name Service, a protocol that allows users to...
View ArticleForget the Metaverse, I Bought Real Land
In 1958, developers purchased 82,000 acres of barren land that was situated a hundred miles north of Los Angeles with a plan to build a sprawling metropolis for 400,000 future residents. As it...
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