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Why crypto is so annoying

If you can’t stand it when people talk about crypto, you’re not alone. The “crypto bro” stereotype can turn people off from learning more about the technology. We tend to retreat from unfamiliar concepts, especially when they’re being pushed in our faces. Loading Something is loading. You know the guy. He wears a Moncler vest,…

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The Week in Business: Crypto’s ‘Death Spiral’

What’s Up? (May 8-14)Shaken Confidence in Crypto MarketsIn what some are calling a “death spiral,” the value of a number of digital currencies plunged last week, rattling investors’ faith in crypto markets. The implosion was particularly shattering for TerraUSD, or UST, which is called a stablecoin, meaning that it is pegged to a stable asset…

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How Big Is Crypto Crime, Really?

Foley’s own paper, evocatively titled “Sex, Drugs, and Bitcoin,” was peer-reviewed and published in the Review of Financial Studies in 2019. It concluded that one-quarter of bitcoin users are involved in illegal activity, and that the $76 billion in illicit payments involving bitcoin represented 46% of the currency’s total transactions. Source

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Crypto billionaire compares industry to dot-com bubble

Bitcoin Foundation Chairman Brock Pierce weighs in on what he believes will happen to crypto.  Bitcoin Foundation Chairman Brock Pierce compared cryptocurrencies to the dot-com bubble of 1999 and 2000 on Monday as bitcoin dropped to its lowest level since July 2021.  Pierce made the comparison on “Cavuto: Coast to Coast” as bitcoin dropped below $32,000, down from…

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