01 Mar 2022

Russia-Ukraine crisis forces US energy rethink, stokes new cyber attack fears

In the wake of the Russian invasion of Ukraine, a debate is being revived about the sources and diversity of U.S. energy – and whether the country’s infrastructure is sufficiently protected against cyberattacks. The fallout from Russian President Vladimir Putin’s decision to invade Ukraine has sparked a worldwide wave of condemnation,

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01 Mar 2022

U.S. banks prepare for cyber attacks after latest Russia sanctions

U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia for invading Ukraine, cyber experts and executives said. Tensions between Russia and the West escalated on Saturday as the United States and its allies moved to block some Russian banks from the

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17 Jan 2022

Investing in American Dynamism

Last year when we announced Katherine joining the team, we used the term “American Dynamism” but left it largely undefined. Today, she has published our thesis: “Building American Dynamism”. It explains why we believe there’s never been a better time to build companies that support the national interest and solve

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12 Jan 2022

Bitcoin and cryptocurrency taxes in 2022: Everything you need to know

If you bought, sold or traded cryptocurrency in 2021, you may have questions about how it’s taxed. The IRS treats virtual currencies, like bitcoin and ether, differently from some other assets and investments, and there are specific rules you’ll need to follow if you sold or traded those assets last

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12 Jan 2022

GAO Report Suggests Tightening Regulations on Crypto ATMs

As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the rise. In its 80-page report “Virtual Currencies: Additional Information Could Improve Federal Agency Efforts to Counter Human and Drug Trafficking,” the Government Accountability Office (GAO),

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28 Dec 2021

More cryptocurrency regulation is likely—here are 3 ways to prepare now

It’s been a record year for the cryptocurrency market, which surpassed $3 trillion in value in November. Top cryptocurrencies like bitcoin and ether also hit all-time highs. This mainstream adoption led to an increased focus on cryptocurrency regulation from lawmakers. Throughout the year, they debated frameworks on investor protections, taxes, and

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21 Dec 2021

FTC Mulls New Artificial Intelligence Regulation to Protect Consumers

The Federal Trade Commission (FTC) is considering a wide range of options, including new rules and guidelines, to tackle data privacy concerns and algorithmic discrimination. FTC´s Chair Lina Khan, in a letter to Senator Richard Blumenthal (D-CT), outlined her goals to “protect Americans from unfair or deceptive practices online” and in

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10 Dec 2021

Facebook takes a step toward building the metaverse, opens virtual world app to everyone in U.S.

Facebook on Thursday announced that it is opening up Horizon Worlds, its virtual reality world of avatars, to anyone 18 and older in the U.S. and Canada. Horizon Worlds launched in beta last year to select Oculus VR users, who answered invitations to join the virtual world. With the announcement on

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08 Dec 2021

Congress gets a crash course on cryptocurrency.

The chief executives of six cryptocurrency companies are testifying on Wednesday before the House Financial Services Committee about the promises, perils and uses of stablecoins, or cryptocurrencies that are pegged to the value of stable assets such as the dollar. They include Brian Brooks, the former acting comptroller of the currency

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29 Nov 2021

Own Crypto? Here’s How to Avoid Running Afoul of the IRS.

Investors in cryptocurrencies may be sitting on big profits. Bitcoin and Ethereum, the two largest cryptos, are up 100% and 470% this year, respectively. Solana, another major coin, is ahead 13,300%, while the “joke” token Dogecoin has gained 49,000%. While the profits may have enriched crypto owners, taxes may be coming

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