How to Avoid Crypto-Scams Do you accept cryptocurrency in exchange for your company’s goods and services? Or are you thinking about it? Then you should probably be aware of various types of scams associated with this virtual currency, most of which fall into the “too good to be true” category,…
The pros and cons of accepting Bitcoin and other online payments for small businesses What are the risks of small businesses taking payments in Bitcoin and other cryptocurrencies? What are the rewards? But first, for the uninitiated, what are cryptocurrencies in the first place? They are decentralized digital exchange media…
NFTs as a Business Asset Simply put, NFT’s (or “tokens”) are digital assets. Various examples include movies, drawings, music, and digital artwork. By their very definition, NFT’s are non-fungible, meaning that they cannot be traded for something else. For example, Da Vinci’s original Mona Lisa is non-fungible; only one original…
Crypto economy has arrived. An actual physical bank will soon be providing the full slate of deposit-taking, custody and fiduciary services for cryptocurrency such as bitcoin. The Cheyenne, Wyoming-based Kraken Financial on September 16 became the first digital asset firm in the U.S. to obtain…