Walmart Patented Blockchain Coin, Never Launched
In 2019, Walmart filed a patent for a blockchain-based digital currency and registered trademarks for Walmart Coin and Walmart Token. The news triggered a wave of speculation that the retail...
Cryptocurrency
Esports sponsorship bubble, Walmart blockchain patent, DeFi and CBDCs, crypto infrastructure, and Anthropic funding.
Crypto in 2019: From Crash to Infrastructure Building
In December 2017, Bitcoin traded near $20,000 on major spot exchanges. One year later it had collapsed to roughly $3,200. The 80 percent wipeout vaporized the froth of the initial...
DeFi, enterprise, CBDCs defined 2020 crypto
In 2020, blockchain and crypto moved from a story of survival after the 2018-2019 crash to one of institutional validation, regulatory confrontation, and the birth of a new financial layer...
Esports sponsorship bubble bursts after 2020 boom
Corporate sponsorship in competitive gaming grew from a niche marketing experiment into a billion-dollar industry between 2017 and 2021. Then it collapsed. The peak was the FTX-TSM naming rights deal,...
Blockchain Technology: How It Works and Why It Matters
In October 2008, a person or group using the name Satoshi Nakamoto published a nine-page white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper proposed a way to...
Anthropic Gets $580M Series B Led by Bankman-Fried
In April 2022, Anthropic closed a $580 million Series B. The lead investor was Sam Bankman-Fried, then CEO of cryptocurrency exchange FTX. Less than eight months later, FTX collapsed into...
