Last month, the Commodity Futures Trading Commission (CFTC) posted a memo to all staff providing guidance regarding holding and transactions using cryptocurrencies, including Bitcoin. In brief, the memo from Daniel Davis, General Counsel of the CFTC, said it was ok to invest in crypto –… Read More
The Nix Sensor is described as a sort of Photoshop dropper tool for the real world. See a color you like in the world around you? Place the Nix sensor on top of it and it now becomes easily replicable in a digital environment. It… Read More
Dr. Kermit Gosnell was convicted in May of 2013 of a host of horrific charges related to late-term abortions and other medical misgivings. Some have called him “the most successful serial killer in the history of the world” while estimating that he may be responsible… Read More
If you want a case study in how a Kickstarter can go horribly wrong, look no further than the campaign for SOAP, a touchscreen home automation router. The campaign is fully funded despite bleeding almost $4,000 since we caught wind of scam allegations surrounding the campaign… Read More
Wells Fargo has reversed a ban on employees participating in the peer-to-peer lending arena after the announcement of the measure garnered international attention. Related – Wells Fargo To Employees: No Peer-To-Peer Loans According to the San Francisco Business Times, Wells Fargo spokesman Ruben Pulido clarified that “The original… Read More
Wells Fargo has told its employees to scale back and eventually cease their participation on for-profit peer-to-peer lending platforms like Lending Club and Prosper. The banking behemoth’s “ethics administrators” cite a conflict of interest, pointing out that peer-to-peer lending is a competitive practice. The San… Read More
The crowdfunding campaign for the RoboRoach didn’t come without its fair share of controversy when it launched on Kickstarter back in June. The campaign aimed to crowdfund Arduino-powered kits that integrated with a cockroach’s nervous system and turned the animal into a living robot that… Read More
When I went to journalism school at the turn of this century, none of my professors thought to include a seminar on the ethics of Crackstarters. We had seminars on the ethics of almost any other challenge we might encounter. But nobody predicted a time… Read More
You may have heard of Kickstarter — the darling crowdfunding site where artists, designers, moviemakers, and others pitch pet projects to an online funder audience. Kickstarter may have just taken on a new and unwelcome role — as the one-stop shop for risky biotech companies looking to… Read More
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