Tag Archives: currency

The U.S. Treasury Has a Whole Department That Rebuilds and Refunds Destroyed Cash

It doesn’t matter what ludicrous conspiracy theory is stopping you from storing your money in a bank, you’ll be happy to know that the US Department of the Treasury has an entire division dedicated to the task of trying to rebuild and recover currency should your cash-stuffed mattress get destroyed in a fire or flood. Continue reading The U.S. Treasury Has a Whole Department That Rebuilds and Refunds Destroyed Cash

Wow, Who Could Have Predicted 59 Percent of 2017’s ICOs Are Already Dead or Doomed

Hey, remember initial coin offerings, the almost totally unregulated form of investment vehicle in which investors trade real cash or assets in exchange for virtual “tokens” in cryptocurrency-backed startups? You know, that hot new crypto market that the Wolf of Wall Street, Jordan Belfort, warned everyone was rife with scams? Those very ICOs that the Securities and Exchange Commission told everyone to be very careful about because of the “greater opportunities for fraud and manipulation”? Continue reading Wow, Who Could Have Predicted 59 Percent of 2017’s ICOs Are Already Dead or Doomed

Winklevoss twins get closer to launching their bitcoin exchange

You may still think of the Winklevoss twins as those guys who claimed to have invented Facebook, but they’ve just taken a big step toward making their names in the digital currency business. The two have filed a New York trust application necessary for them to launch their Gemini bitcoin exchange.

Continue reading Winklevoss twins get closer to launching their bitcoin exchange