18 'uncomfortable' truths about nonfungible tokens

*at least as far as can be confirmed. Various media outlets in the cryptocurrency space have decided that Ryan Kennedy (AKA Alex Green), the alleged thief of roughly 3,700 BTC from the coffers of failed exchange Mintpal, is currently in jail along with his accomplice, Chelsea Hopkins. Unfortunately for them, a slight amount of digging reveals a few uncomfortable truths, chief among them the fact that Ryan Kennedy is not in jail. The whole trouble stems from a statement made in the Syscoin blog where they divulge that Kennedy/Green was arrested. They do not specify when, and apparently the....

Bitcoin price is in a slow controlled descent with frequent spikes to the upside developing. Market orders are streaming through the exchanges like a ticker tape and buy limit orders fill the orderbooks down to $290. We look at arbitrage trading in the Bitcoin exchanges and consider options for trend in the coming days. Bitcoin Price Arbitrage. Bitcoin Price Analysis. Summary. Comments. Bitcoin Price Arbitrage. Many thanks to all the readers, supporters and cynics alike, who had responded to Sunday's article about manipulation in the exchanges. It's only by kicking the hornet's nest that....

Nonfungible tokens under the juridical and legal perspective are still in evolution, and there are more questions than answers. A nonfungible token (NFT) can be both a representation of a physical or digital asset that only exists on the internet — a programmable piece of art. It provides ownership of an underlying asset, like a painting, and it can also represent a digital asset in the form of a software code. Therefore, I like to conceptualize NFTs in a more technical view:“An NFT is a pattern of smart contracts that provides a standardized way of verifying who owns an NFT, and a....

A former SEC attorney argues that Ripple's Brad Garlinghouse and Chris Larsen are being asked for documents that seem to demonstrate significant overreach. Powers On... is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International University School of Law, where he teaches a course on 'Blockchain, Crypto and Regulatory Considerations.'While I was in private law practice for 35 years, after serving for five....

Even though mainstream media outlets earn good money by spreading the news to the general population, not all of their news is based on research, facts, or truths. After all, negative news will sell more papers or online subscriptions whereas positive news is read once and then forgotten about. Mainstream media has never been keen on Bitcoin and digital currency unless they were able to spread misconceptions or create negative press that was based on speculation. The popular digital currency has seen various iterations of attacks by mainstream media throughout the years, but journalists....