Finance
Gibraltar Could Launch the World’s First Crypto Stock Exchange
“The Rock” hopes a new stock exchange will attract crypto millionaires who want to avoid hefty taxes.
By Gian M. Volpicelli
The Dune NFT Fiasco Is the Least of Crypto's Legal Worries
Spice DAO's copyright misstep shows how many questions there are about the rules of cryptoart. This is an opportunity for transformation
By Jessica Rizzo
Bitcoin’s Libertarian Streak Meets an Autocratic Regime
The cryptocurrency has come to symbolize financial freedom from governments. Many Salvadorans are unhappy about the way it was made an official currency.
By Gregory Barber and Cady Voge
This Was the Year When Finance Jumped the Doge
From GameStop to bored apes, weirdness abounded among meme-loving amateur investors.
By Gian M. Volpicelli
A Software Bug Let Hackers Drain $31M From a Crypto Service
An attacker exploited a vulnerability in MonoX Finance's smart contract to inflate the price of its digital token and then cash out.
By Dan Goodin, Ars Technica
The Hidden Dangers of 'Buy Now, Pay Later' Apps
Services such as Afterpay, Affirm, and Klarna are soaring in popularity and valuation. But consumer advocates say they make it easy to get overextended.
By Sidney Fussell
Stripe Discriminates Against Witches
Payment processing companies decide who is empowered to buy and sell online—and their policies show a gross misunderstanding of metaphysical practitioners.
By Meg Jones Wall
A New Credit Card Arrives—With a Silicon Valley Twist
The X1 is designed for spenders who are young, high-earning, and live on their phones.
By Arielle Pardes
Venmo Gets More Private—but It's Still Not Fully Safe
Eliminating the global feed is a good step. But until the platform offers privacy by default, it remains a liability for many of its users.
By Brian Barrett
The Unfortunate Punkonomics of Cryptocurrency
Plus: The early days of digital cash, the slow death of IPv4, and social distancing in the Black Sea.
By Steven Levy
Andreessen Horowitz Goes Ham on Crypto with a New $2.2B Fund
After its wildly successful Coinbase exit, the VC firm signals its commitment to cryptocurrencies with a third fund.
By Arielle Pardes
Meet Your Next Angel Investor. They're 19
It’s never been easier to invest in startups, and Gen Z is taking full advantage.
By Arielle Pardes
GameStop FOMO Inspires a New Wave of Crypto Pump-and-Dumps
Thousands of would-be investors are joining Discord groups that promise big earnings by manipulating the crypto market.
By Cecilia D'Anastasio
Coinbase Makes Its Debut—and Bitcoin Arrives on Wall Street
The big cryptocurrency exchange goes public through a direct listing, and it could make a bigger debut than Facebook.
By Gregory Barber
If You Liked Simple, Try These Online Banks Instead
Now that the pioneering online bank is merging with BBVA, you might be in the market for something new. These are the closest, easiest alternatives.
By Eric Ravenscraft
As Digital Currency’s Popularity Rises, So Do Privacy Fears
Backers see a way to reach the unbanked. But any system could give the government a record of every dollar you spend.
By Gregory Barber
What the Arab Spring Can Teach Us About GameStop
Ten years ago, democracy protesters used social media to organize against an oppressor. But ultimately, the powerful came out ahead.
By Noam Cohen
Janet Yellen Will Consider Limiting the Use of Cryptocurrency
During her confirmation hearing, the Treasury nominee said that blockchain-based financial networks are “a particular concern.”
By Timothy B. Lee, Ars Technica
6 Apps to Help You Trim Down Subscriptions—and Save Money
New year, new recurring subscriptions you've probably forgotten about. Here's how keep track of them.
By David Nield
As Trump Squeezes China, Alipay’s Star Rises
Chinese consumers tap the fintech app to pay bills, order in restaurants, and book appointments. Now it’s preparing for an IPO that could value it at $200 billion.
By Will Knight
How Financial Apps Get You to Spend More and Question Less
You should never invest without fully understanding the risks, but tax prep and stock trading services often obfuscate the things you really need to know.
By Kristin Wong
Even the Best AI Models Are No Match for the Coronavirus
Many so-called “quantitative funds” that mine historical data to make trading decisions fared poorly in March, when stocks fell sharply amid coronavirus fears.
By Will Knight
A New Card Ties Your Credit to Your Social Media Stats
Founded by Instagram and finance alums, Karat wants to be the black card in every influencer’s wallet.
By Arielle Pardes
7 Apps That Make It Simple to Split the Bill
If you need to divvy up a big bill, these apps can handle the math—and the money.
By WIRED Staff