Coin Prices

BNB

$210.77

0.04%

XRP

$0.511219

1.22%

EOS

$0.577077

0.92%

Pepe

$0.00000067

9.28%

NEM

$0.02543219

0.65%

WAX

$0.04141895

2.48%

IOST

$0.00712903

0.56%

Kin

$0.00001085

-0.67%

Bonk

$0.00000019

-1.54%

OST

$0.00031638

-3.17%
Price data by
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Investigations

Investigations

Investigations

Bitcoin Ordinals Trading Is Down Bad—But Just How Bad?

A contentious debate stirred last week after a report surfaced showing Bitcoin Ordinal sales volumes had dropped 97% from May to August. DappRadar’s report indicated “declining interest” in the wider NFT space, with trading volume for unique active wallets on Ethereum and Polygon dropping by 22% and 60%, respectively. Figures for Ordinals were purportedly far more pronounced, however. Bitcoin Ordinals are Bitcoin’s version of non-fungible tokens (NFTs). They are digital artifacts inscribed onto...

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Mar 31, 2022

Investigations

Nike Wants to 'Destroy' Unauthorized NFTs—How Will That Work?

When a company like Nike finds someone using its brand without permission, it can ask the courts to order the unauthorized goods to be destroyed. Nike has done this in the past, but its latest trademark lawsuit comes with a twist—the products it wants to "destroy" are NFTs, which are inscribed permanently on the Ethereum blockchain. The case in question involves Detroit-based StockX, a site that lets people buy and sell used brands, including Nike sneakers. Those sneakers are among its most popu...

by Jeff John Roberts ·

Mar 2, 2022

Investigations

The Newest Crypto Side-Hustle: ‘Discord Grinding’

The crypto industry is in a hiring frenzy with companies dangling six- and seven-figure salaries to attract top blockchain talent. But the boom has also extended to the lower strata of the labor market, where people are engaging in a new form of social media engagement known as “Discord grinding” for as little as $5 an hour. Discord grinding takes its name from the popular platform of the same name, which is beloved by students and gamers, but which has also become an essential tool for Decentra...

by Jason Nelson ·

Jan 27, 2022

Investigations

‘Snow Job’: The Plot to Hand the Crypto Industry to the Big Banks

“Just because you’re paranoid doesn’t mean they aren’t after you.” That adage has been attributed to everyone from Henry Kissinger to Kurt Cobain, but these days it would be a fitting motto for the crypto industry. In 2021, crypto believers became convinced that the U.S. government has it in for them. And not without reason: A series of decisions by the SEC and other regulators suggested that federal officials are not just indifferent to the industry, but actively hostile to it. The question is...

by Jeff John Roberts ·

Aug 14, 2021

Investigations

Can Circle Win the Stablecoin Wars?

Circle CEO Jeremy Allaire has big plans for his company and for USDC, the stablecoin it operates. In a blog post this week, Allaire wrote that Circle intends to become a federal bank and that he expects USDC to "grow into hundreds of billions of dollars in circulation." Allaire's comments come at a time when stablecoins—digital tokens pegged to a national currency—are having a moment. Long popular among crypto traders as a way to get in and out of volatile positions, the traditional financial sy...

by Jeff John Roberts ·

Aug 11, 2021

Investigations

SEC vs Ripple: Inside the Case That Could Make or Break the Crypto Industry

It was a bad start to Christmas. Brad Garlinghouse and Chris Larsen’s digital currency company Ripple had been riding high in 2020 amid the first crypto bull market in years. Then, on December 22, the lawsuit dropped. In a scorching complaint, the Securities and Exchange Commission said that Ripple Labs—which Larsen and Garlinghouse tout as the future of banking—had broken the law by selling unregistered securities. The fallout came quickly. News of the SEC suit torched half of the $28 billion m...

by Jeff John Roberts ·