With all the consolidation happening in the WordPress plugin ecosystem, it’s easy to think that it’d be futile to start your own WP plugin business. But the reality is that there are many small plugin developers making a living flying under the radar of the big dogs. As Valuable as …
The Perils of Hiring: A Cautionary Tale from A WordPress Business Owner
After being in the WordPress world for 15 years, I’ve made some incredible friendships and I’ve heard some crazy stories in regards to their WordPress business. Recently one of those friends reached out to share his latest experience, and I’m here to say it is one of the crazier ones. For privacy reasons, I’ve …
OFAC Blocks Venezuelan Gold Business, Warns About Upcoming Oil Sanctions
The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on February 13, with oil and gas sanctions reported to return in April. OFAC Winds Down Venezuelan Gold Operations […]
Maelstrom CIO Arthur Hayes Alerts Big Banks Will Eventually Cannibalize Tether’s Business Model
Arthur Hayes, CIO of Maelstrom and former CEO of Bitmex, discussed the eventual demise of Tether and other stablecoin companies. Hayes explained that Tether’s business model, which consists of taking dollars and investing in treasuries, will eventually be cannibalized by big banks like JPMorgan when they get allowed to issue fiat-backed stablecoins. Arthur Hayes Warns […]
SEC Chair Gensler Slammed for Stating SEC Doesn’t Prosecute Honest Business
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was slammed by the crypto community for stating: “We are not prosecutors of honest business, nor defenders of crookedness.” Many crypto advocates pushed back against Gensler, arguing that the SEC under his leadership has taken legal action against honest businesses, like Ripple and LBRY, while protecting […]