UnTethered: How The Entire Crypto Bull Run of 2017 May Have Been a Mirage...
This story appeared in deBanked’s May/June 2019 magazine issue. To receive copies in print, SUBSCRIBE FREE In 2017, college bros gathered at a bar in downtown Manhattan. As a journalist from deBanked...
View ArticleNew York Attorney General Turns Up The Heat On Tether, Bitfinex
Bitcoin is back over $12,500 but a growing chorus within the crypto faithful are pointing to a potential catastrophic event that could change the crypto markets forever. It’s the potential implosion of...
View ArticleTrump Attacks Bitcoin and Cryptocurrencies
President Trump revealed his stance on cryptocurrencies over twitter on Thursday, and he’s no advocate. “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is...
View ArticleDid You Own Bitcoin Before The 2018 Crash? This Bitter Group of Crypto...
A group of plaintiffs whose Bitcoins suffered the great crypto crash of 2018, have a rough idea of how much damage was caused ($1.4 trillion) and who exactly was damaged, everyone. The alleged culprit...
View ArticleHead of Crypto Payment Company Arrested For Laundering Money For Drug Cartels
Ivan Manuel Molina Lee, the president of Crypto Capital, was arrested in Poland for crimes that include laundering millions for Columbian drug cartels. As detailed in UnTethered: How The Entire Crypto...
View ArticleFlash Boys 2? Ethereum Bot Wars
A whole new group of traders is colluding to beat the market. No, not Redditors or fiber-optic wielding Wall Street “quants.” Today, in both a simpler and way more complex way money can be made using...
View ArticleCoinbase Files S-1 for IPO
Coinbase filed an S-1 Thursday morning, a significant step in gaining a listing on the Nasdaq. It’s like Christmas morning for the crypto-obsessed financial media, tearing into the document like...
View ArticleCoinbase Generated $800M Profit in a Single Quarter
The emerging powerhouse in the fintech industry isn’t a lending or payments company, it’s a cryptocurrency exchange. One can express as much skepticism as they want about Coinbase, but the company,...
View ArticleMCA Vets Launch Funding Crypto Token
With years of funding experience, a duo is creating an MCA cryptocurrency called Seed Token to build better payment collections and take part in what they call the future of financial transactions. “We...
View ArticlePresident of Federal Reserve Bank of Minnesota Says That Dogecoin is a Ponzi...
A LinkedIn poll posted by the Chief Legal Officer of Coinbase that asked followers to weigh in on the pronunciation of Dogecoin, drew an unexpected response. Neel Kashkari, the president of the Federal...
View ArticleTether is Now So Big, Its Collapse Could Disrupt the Short-Term Credit Markets
More than $62.5 billion worth of Tethers have been printed in the last few years to facilitate liquidity in the crypto markets. The system has worked because the company behind Tether had long claimed...
View ArticleTether Attempts to Explain Itself On CNBC
Both Tether’s CTO and General Counsel went live on CNBC earlier this week in an attempt to push back against critics challenging their business model. The company recently revealed that less than 3% of...
View ArticleVelocity Capital Group Becomes First Funder to Offer Broker Commissions Via...
Velocity Capital Group is bullish on crypto as a means of payment. Company President and CEO Jay Avigdor told deBanked that the company is officially incorporating cryptocurrency in two ways: (1)...
View ArticledeBanked Mints NFTs, Puts First Magazine Cover on the Ethereum Blockchain
deBanked has been forever etched into the Ethereum blockchain. The first print magazine cover ever published by deBanked has been turned into an NFT. Over the weekend, deBanked deployed its own NFT...
View ArticleBrokers Say “Yes” to Commissions in Crypto
One month after Velocity Capital Group began offering broker commissions in crypto, CEO Jay Avigdor says it is taking off. It’s completely optional of course, but already seven of VCG’s ISOs have opted...
View ArticleIRS Snooping Flexes Government Power, but May Drive Crypto
To fight tax evasion, the federal government wants the IRS to track any account in the United States that transacts more than $600 in or out over the course of a year. The tracking will apply to banks...
View ArticleSmall Business Finance Industry Mulls Crypto, NFTs
As the crypto craze roars on, NFTs are starting to stake a claim in the finance world as a legitimate option for those looking to invest or stash money in a virtual space. The sports world recently...
View ArticleFake Press Release Announced That SEC Had Dropped Case Against Ripple
XRP, the digital assets tied to Ripple, surged this morning from a price of $0.95 to $1.04 on the supposed announcement that the SEC had dropped its lawsuit against Ripple. The news came via press...
View ArticleMiami is Now Making Money Off of Its Own Crypto Coin
Francis Suarez, the crypto-crazed mayor of Miami that has attempted to make his city the next center of innovation in the industry, has recently generated more than $7.1M in funding for Miami’s...
View ArticledeBanked Presents: The Broker NFT Collection
Watch out CryptoPunks, deBanked has minted a limited edition set of its own Broker NFTs. Drawing from the animated style popular in the NFT community, this collection of ten “brokers” is a diverse...
View Article
