Not those credit default swaps again…

Shares in the Swiss banking giant Credit Suisse have gone on a wild ride, following rumors about liquidity challenges that sent its credit default...
Jacob Cohen • October 4, 2022

Are we caught in a ‘bear market trap’?

In the wild, a bear trap is a steel contraption with sharp teeth that can clamp a bear’s paws. Arguably more painful is the stock...
Rob Litterst • August 24, 2022

Digits: Crypto ads, Kilimanjaro, and more

1) With Bitcoin down ~50% since February, the same group of crypto companies that spent $84.5m on TV ads that month — like this...
Jacob Cohen • August 22, 2022

Where the heck is all our change?

If you live in an apartment building with coin-operated laundry, then you probably know how hard it is to get quarters these days. But according...
Juliet Bennett Rylah • July 8, 2022

Bear and bull markets, explained

You’ve probably heard the term “bear market” a lot lately — but what does it mean? How does it differ from a bull market? And why...
Juliet Bennett Rylah • June 15, 2022

Dealing with market declines is all about perspective

If the stock market falls 10% — which it just about has in recent months — there are 2 ways to view your losses: As a...
Morgan Housel, The Collaborative Fund • April 22, 2022

Zelle is a hotbed for fraud — and banks aren’t helping

Venmo scared the sh*t out of the banks, so it was only a matter of time before they launched an alternative. Enter Zelle. The app, created...
Rob Litterst • March 10, 2022

The federal government is mulling a digital dollar. Why?

If you’re the type to misplace your wallet, we’ve got good news for you. Per NPR, the Federal Reserve recently released a paper laying out...
Rob Litterst • March 7, 2022

How do gas station ATMs work?

They are everywhere. Nonbank ATMs — run by independent operators — that sit inside gas stations and convenience stores. Per The Wall Street Journal, there are...
Trung T. Phan • February 21, 2022

The dark side of ‘buy now, pay later’

Ready for a fun stat? One out of 3 millennials say their biggest fear is credit card debt (more than death or going to...
Rob Litterst • January 27, 2022

What’s happening with crypto?

Crypto prices have declined for months. At one point this week, bitcoin was 50% below its all-time high in November. So why is this...
Jacob Cohen • January 27, 2022

The Highest Form of Wealth

This is a guest post from Morgan Housel, partner at The Collaborative Fund and author of the best-selling book, The Psychology of Money: Timeless...
Morgan Housel, The Collaborative Fund • December 29, 2021

Founder’s Wallet: How an Advertising Entrepreneur Spends His Startup’s Money in a Month

Andrew Curtin, founder of employer branding agency Chronicmedia, lets us dig through his bank statements to see how he manages money.

Sara Friedman • December 20, 2021

People are buying items for an NFT game that doesn’t exist. Why?

These lists of words cost tens of thousands of dollars. Why not? (Source: Robe Market) The Fetid Sprinkler and Handguards of Perdition sound pretty intense. They’re...
Juliet Bennett Rylah • September 13, 2021

As crypto moves into the world of banking, regulators are being forced into action

BlockFi is a platform that allows customers to deposit and withdraw assets, pays interest on holdings, and lends to both individuals and institutions. If that...
Rob Litterst • September 9, 2021

Digits: A fidget toy boom, electronic noses, and geofence warrants

Since 2020, Pop Its have sold 7m units… think about that (Source: WSJ) 1) Pop Its — colorful silicone toys that function like bubble wrap...
Jacob Cohen • August 23, 2021

MacKenzie Scott has given out billions to charity. Recipients think it’s a joke.

In a mere 12 months, MacKenzie Scott has dished out $8.6B in philanthropic grants. A recent Bloomberg investigation tracked down 375 of those grants, worth...
Jacob Cohen • August 20, 2021

The IRS has seized 185k+ bitcoins. Where the heck do they go?

For the IRS, criminal sting operations stereotypically involve seizing and liquidating file cabinets and Ferraris. But today, more than ever, they involve cryptocurrencies. Since …
Jacob Cohen • August 6, 2021

OpenSea is the 1st NFT unicorn

Nonfungible tokens (NFTs) def had a moment earlier this year with a $69m digital art sale and an NBA highlights craze. While the hype has...
Rob Litterst • July 23, 2021

Passports for people who don’t want to pay crypto taxes?

 Source: Three Lions / Getty Images Tax evasion = illegal. But what about tax avoidance? Plan B Passport will sell you a passport to your choice...
Juliet Bennett Rylah • July 13, 2021

Robinhood’s $40B+ IPO, explained

Robinhood is having a wild 2021. The trading app — founded in 2013 to “democratize finance” —  has empowered a whole generation of retail traders. Those...
Trung T. Phan • July 7, 2021

El Salvador’s decision to make bitcoin legal tender could shake up US taxes, corporations

El Salvador’s President Nayib Bukele (Source: The Daily Beast / Twitter) On Tuesday, El Salvador became the world’s first country to adopt bitcoin as legal...
Trung T. Phan • June 10, 2021

Norton antivirus adds an Ethereum mining feature to its latest release

We have no idea if this is what an Ethereum miner looks like (Source: NurPhoto / Getty Images) In the future, everybody is a crypto...
Kolby Hatch • June 7, 2021

The United States of Venture Capital

Source: 8bu In the very first scene of HBO’s “Silicon Valley,” Big Head complains, “Money flying all over Silicon Valley, but none of it...
Jacob Cohen • May 26, 2021

Goldbelly raises $100m to bring Momofuku and Guy Fieri classics from across America

Ever wished you lived in Flavortown, USA? What if Flavortown was inside your kitchen all along? Food delivery apps saw record-breaking sales amid the pandemic,...
Juliet Bennett Rylah • May 19, 2021

This tax change would reshape the entire real estate industry

President Biden’s new tax proposal is making waves: A new income tax rate of 39.6% for the top 1% of earners A new capital gains tax...
Trung T. Phan • May 3, 2021

Choice gives you the… choice… to put Bitcoin in your retirement account

You probably already knew this from friends repeatedly telling you how much they made on Bitcoin, but the total number of global crypto holders...
Trung T. Phan • April 29, 2021

Coinbase’s venture arm has invested in 100+ startups

Royal blue, what a great color (Source: Chris Delmas / Getty Images) A leading non-Dogecoin tech story last week was the public listing of  Coinbase. Founded...
Trung T. Phan • April 19, 2021

Ethereum’s co-founder snags $65m to help modernize financial infrastructure

Blockchain studio ConsenSys closed a $65m round of funding this week. While the funding is sizable, the investors are the real prize. Leading the round...
Kolby Hatch • April 16, 2021

Coinbase is eyeing a $65B+ public debut

Internet browser Netscape went public on Aug. 9, 1995. In the decades since that date, the phrase “Netscape moment” has been used to signal the...
Trung T. Phan • April 14, 2021

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