Article: As more artists and musicians turn their attention to NFTs, so, likely, do money launderers

Crypto

EverydaysAs more artists and musicians turn their attention to NFTs, so, likely, do money launderers

Outlets that follow the crypto industry have been observing a trend, which is that according to Google search data, the rise in interest in non-fungible tokens, or NFTs, now almost matches the level of interest in 2017 in initial coin offerings, or ICOs.

Of course, ICOs largely disappeared from the scene after the SEC started poking around and determining, in some cases, that they were being used to launder money. Now experts in blockchain transactions see the potential for abuse again with NFTs, despite the traceable nature of the tokens — and perhaps even because of it.

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Article: Wall Street banks diverge in views on bitcoin boom

Crypto

Montage of physical bitcoin with data chartWall Street banks diverge in views on bitcoin boom

Bitcoin is dividing opinion on Wall Street, with a rush of investment banks expressing widely divergent views on the cryptocurrency boom.

The rally in bitcoin has been supported by the growing interest from institutional investors. Some companies, prominently including Tesla, have also loaded up. US Federal Reserve chair Jay Powell, meanwhile, said at an event on Monday that crypto assets are more for speculation than for payments.

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David Sachs: The End of BigTech — Next Up: Web 3.0

Web 3.0
David Sacks @DavidSacks
Twitter & FB ban accounts. “It’s not censorship, you can create your own app.”
Then Google & Apple ban apps. “It’s not censorship, create your own website.”
Then Amazon bans web hosting. “It’s not censorship, create your own…”
What? Your own internet? Just so you can tweet?
https://twitter.com/DavidSacks/status/1348192144486354944